Mia is conducting a job evaluation for her organization. First, Mia identified several benchmark jobs. Next, she analyzed those jobs based on the skills and abilities required to do the jobs. Finally, she ranked the jobs in order and compared them to all other jobs in the organization. Mia is using the ______ method of job evaluation.
A. job ranking
B. point-factor
C. factor comparison
D. job hierarchy
C. factor comparison
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________ refers to the benefit given up by choosing an alternative course of action. A) Opportunity cost
A) Opportunity cost B) Sunk cost C) Relevant cost D) Irrelevant cost
If your audience is expecting the request, less detail is needed
Indicate whether the statement is true or false.
Herndon Brothers Inc produces a variety of "all natural" household cleaning supplies that it manufactures and distributes to various grocery stores along the west coast. Which of the following types of costs would most likely be a facility-level cost?
A) A package product design cost for a new product line B) A machine setup cost C) Depreciation on the factory building D) Utility costs for factory machinery
Which constraint represents the quantity shipped to retail outlet 6?
A) X23 + X36 = 450 B) X23 + X36 + X26 = 450 C) X36 + X26 ? 450 D) X36 + X26 = 450 E) 3X36 + 5X26 = 450