Which of the following methods is used for process layout analyses using qualitative data?
A. cost optimization method
B. relationship rating method
C. line balancing method
D. Muther’s grid
B. relationship rating method
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Organizational commitment is the_________ an individual feels to the organization. While, employee engagement is a ___________with the organization.
What will be an ideal response?
The Gantt Chart ______.
a. links project activities to a schedule b. was introduced in the 1990s c. was developed in Japan d. uses probabilistic scheduling
A firm is BEST served if its project portfolio:
A) Has a number of low-cost experimental prototypes. B) Devotes significant resources to hit product "home runs." C) Aims to take the marketplace by storm regardless of future trends. D) Represents narrowly concentrated efforts.
Moozi Dairy Products processes and sells two products: milk and butter. Last year, Moozi budgeted $1,200,000 of fixed manufacturing overhead and chose a denominator level of activity of 80,000 machine-hours. Each unit of milk at Moozi has a standard of 0.1 machine-hours and each unit of butter has a standard of 0.08 machine-hours. Last year, Moozi processed 560,000 units of milk and 340,000 units of butter. Moozi's total fixed manufacturing overhead incurred last year was $1,256,000. Actual machine-hours incurred for the year were 82,000. Moozi applies manufacturing overhead to its products on the basis of standard machine-hours.Required:Compute Moozi's fixed manufacturing overhead variances for last year.
What will be an ideal response?