Although the fire marshal had declared the capacity of the classroom at 55 students, the introduction to operations management class was so popular, the average attendance was 75 students, literally standing room only
Squeals of excitement and the occasional burning of an overturned car accompanied the successful solution of problems such as this: What is the utilization of the operations management professor?
A) 100%
B) 136%
C) 75
D) 55
B
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The histogram is a horizontal bar chart in which the width of the bars represents the relative or cumulative frequency of occurrence of a specific variable
Indicate whether the statement is true or false
Divine Foods produces a gourmet condiment which sells for $16 per unit. Variable costs are $6 per unit, and fixed costs are $5,000 per month. If Divine expects to sell 1,500 units, compute the margin of safety in units.
A) 500 units B) 1,000 units C) 1,500 units D) 8,000 units
The feasible region in the diagram below is consistent with which one of the following constraints?
A) 8X1 + 4X2 ? 160 B) 4X1 + 8X2 ? 160 C) 8X1 - 4X2 ? 160 D) 8X1 + 4X2 ? 160 E) 4X1 - 8X2 ? 160
Marketable securities:?
A. ?are extremely liquid investments. B. ?are long-term investments. C. ?provide much higher yields than other assets. D. ?held by a firm depend upon its long-term needs. E. ?will be held by a firm when inventories and receivables are high.