Each day a computer engineer is faced with unexpected or unique problems that require him to take initiative and identify creative solutions not fully addressed in existing procedures. This environment could be characterized as having
A. routine technology.
B. a formal organizational structure.
C. low task variety.
D. high task analyzability.
E. a flexible organizational structure.
Answer: E
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The cost of partially completed products is included in the balance of the Work in Process Inventory account.
Answer the following statement true (T) or false (F)
A construction firm wants to estimate the direct labor of a worker who will perform multiple iterations of tasks. The worker must do a total of 20 of these activities to reach steady state. The time estimated to perform the 20th iteration is 2 hours, and the learning rate for this repetitive activity is 70%. The cost of labor is $40/hr. Estimate the time necessary to complete the first activity.
a. 9.34 hours b. 8.43 hours c. 5.34 hours d. 10.31 hours
When working with cover letters and resumes, send your letter again if you don't receive a response within a couple of weeks.
Answer the following statement true (T) or false (F)
If a business has total gross profit of $14,720 and total operating costs of $11,500, what is its net profit?
A. $3,000 B. $3,220 C. $1,150 D. $0