The textbook illustrates demand management in the form of price cuts or discounts. Can demand manipulation for aggregate planning involve price increases? Explain; provide an example
What will be an ideal response?
The text did allude to price increases when it stated that air conditioners are "least expensive in winter"–they must be more expensive when demand is high. Lower prices for one circumstance imply higher prices (or lower discounts) in other circumstances. Student examples may build from text examples, or come from experience, such as: energy companies can use peak-load pricing; transit systems have higher rush-hour fares, etc. The bottom line is that higher prices may lower demand during certain periods. In some cases, that demand will be lost (with the revenue at least partially being made up in the form of a higher price per unit). In other cases, that demand will be pushed to a different period (smoothed), which is actually a good thing for the company from a cost perspective.
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Which of the following statements is true?
a. The fixed asset ratio is not useful for comparing different companies. b. A smaller fixed asset turnover ratio is associated with firms that are more labor intensive and require smallerfixed asset investments. c. The fixed asset ratio cannot be compared across time for an individual company. d. A larger fixed asset turnover ratio is associated with firms that are more labor intensive and require smallerfixed asset investments.
Answer the following statements true (T) or false (F)
1. One initiative of the International Trade Union Confederation is to pressure companies to adopt corporate codes of conduct that include a statement on the fair treatment of labor. 2. A written pledge or statement by an employer outlining standards that it will abide by in conducting business is known as a corporate code of conduct. 3. Corporate codes of conduct were initially adopted by companies that were looking to counter bad publicity and damage to their brands after being "caught" in some highly publicized labor abuse scandals. 4. College student activism has been largely ineffective in pushing companies toward adopting corporate codes of conduct. 5. Corporate codes of conduct have proven to be highly effective in stopping labor exploitation and environment abuse by large, multinational corporations.
Provide answers to the following just-in-time costing questions
Just-in-Time Costing Question Just-in-Time Costing Answer When are the costs of products recorded? Which inventory accounts are used? Which accounts are used to record manufacturing costs? What will be an ideal response
Juanita has the following three ratios: 1. debt service coverage = 2.5, 2. debt ratio = 0.5, and 3 . liquidity ratio = 0.8. We can say that Juanita has
A) poor solvency and poor liquidity. B) strong solvency and strong liquidity. C) strong liquidity but poor solvency. D) strong solvency but poor liquidity.