The single milling machine at Stout Manufacturing was severely overloaded last year. The plant operates eight hours per day, five days per week, and 50 weeks per year. Management prefers a capacity cushion of 15 percent
Two major types of products are routed through the milling machine. The annual demand for product A is 3000 units and 2000 units for product B. The batch size for A is 20 units and 40 units for B. The standard processing time for A is 0.5 hours/unit and 0.8 hours/unit for B. The standard setup time for product A is 2 hours and 8 hours for product B. How many new milling machines are required if Stout does not resort to any short-term capacity options?
A) no new machines
B) 1 or 2 new machines
C) 3 or 4 new machines
D) more than 4 new machines
B
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The C Corporation Model is a variation of the Pass-Through Model, where taxation occurs at both the entity and the owner levels.
Answer the following statement true (T) or false (F)
The current ratio is a
A) liquidity ratio. B) profitability ratio. C) leverage ratio. D) cash flow ratio.
TIME SERIES models enable the forecaster to include specific representations of various qualitative and quantitative factors
Indicate whether the statement is true or false
A manager at Dillard's discovers that JCPenney has reduced the price of its children's Levi's from $31.99 to $24.99, according to an advertisement in the Sunday newspaper. She immediately phones her store and instructs the salesperson on duty to put a sign up next to their children's Levi's that reads, "SALE: $24.99." This is an example of what pricing strategy?
A. Secondary-market pricing B. Periodic discounting C. Reference pricing D. Random discounting E. Comparison discounting