Which of the following statements is true about order winners and order qualifiers?
a. Order winners are more important to a firm than order qualifiers.
b. Order qualifiers are more important to a firm than order winners.
c. Both order winners and order qualifiers are important to a firm.
d. Neither order winners nor order qualifiers are important to a firm.
c. Both order winners and order qualifiers are important to a firm.
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The following data is given for the Taylor Company: Budgeted production 1,000 units Actual production 980 units Materials: Standard price per lb $2.00 Standard pounds per completed unit 12 Actual pounds purchased and used in production 11,800 Actual price paid for materials $23,000 Labor: Standard hourly labor rate $14 per hour Standard hours allowed per completed unit 4.5 Actual labor hours
worked 4,560 Actual total labor costs $62,928 Overhead: Actual and budgeted fixed overhead $27,000 Standard variable overhead rate $3.50 per standard labor hour Actual variable overhead costs $15,500 Overhead is applied on standard labor hours. The direct material quantity variance is: A) 600F B) 600U C) 80F D) 80U
Linear programming problems can model decreasing marginal returns
Indicate whether this statement is true or false.
What is the ideal number of participants for most groups?
A) Two B) Four to five C) Ten D) There is no "ideal" number; more is always better.
What is the primary factor contributing to the increasing difficulty associated with gathering primary data through surveys?
A. Most companies do not have any funding for survey research. B. Fewer people are willing to participate in surveys. C. Laws significantly limit firms' ability to conduct surveys. D. Unreliable methods of distributing surveys make them difficult to conduct. E. Very little useful information is ever gathered from survey results.