Sensitivity ranges can be computed only for the right-hand sides of constraints
Indicate whether this statement is true or false.
Answer: FALSE
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Which of the following statements is true?
a. Japanese companies have accomplished much in the area of production process innovation, mainly by switching from pull to push manufacturing. b. Cellular manufacturing organizes machines by department. c. Adopting the pull approach to manufacturing requires an increase in floor space. d. In the push approach to manufacturing, the sales forecast drives the production plan, and goods are produced in large batches.
Unit costs for each job are computed by dividing
a. estimated total costs by planned units to be produced. b. actual costs by actual units sold. c. cost of direct materials, direct labor, and overhead by number of units produced. d. estimated total costs by actual units produced.
Invitations to a press conference should be given in advance to friendly politicians, allies, and local media outlets
Indicate whether the statement is true or false
A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of factory overhead): Plus Max Units produced 200 16,000 Batch size (units) 10 400 Number of setups 20 40 Direct labor hours per unit 5 5 Total direct labor hours 1,000 80,000 Cost per setup$1,080 Total setup cost$64,800 Using number of setups as the activity base, the amount of setup cost allocated to each unit of product for Plus and Max, respectively is:
A. $21.60; $.54. B. $54.00; $27.00. C. $108.00; $2.70. D. $60.00; $60.00. E. $200.00; $16,000.00