A PERT/CPM activity has an optimistic time estimate of 3 days, a most likely time estimate of 8 days, and a pessimistic time estimate of 10 days. The expected time (in days) of this activity is:
A) 7.0.
B) 7.5.
C) 8.0.
D) 8.5.
Answer: B
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In ______ cultures, there tends to be a wide salary gap between those in different parts of the hierarchy.
A. high context B. high power distance C. low uncertainty avoidance D. masculine
The effectiveness of product strategies depends on the managers who carry them out
Indicate whether the statement is true or false
The defect rate for a product has historically been about 5.0%. What is the upper control chart limit if you wish to use a sample size of 50 and 3-sigma limits?
A) 0.082 B) 0.112 C) 0.142 D) 0.172
Max Company manufactures and sells three products: Good, Better, and Best. Annual fixed costs are $3,315,000, and data about the three products follow.?GoodBetterBestSales mix in units30%50%20%Selling price$250$350$500Variable cost100150250Required: A. Determine the weighted-average unit contribution margin.B. Determine the break-even volume in units for each product.C. Determine the total number of units that must be sold to obtain a profit for the company of $234,000.D. Assume that the sales mix for Good, Better, and Best is changed to 50%, 30%, and 20%, respectively. Will the number of units required to break-even increase or decrease? Explain. Hint: Detailed calculations are not needed to obtain the proper solution.
What will be an ideal response?