In the Fletcher Allen Health Care case, the ________ engine in Excel was used to find a feasible solution to the assignment problem
Fill in the blanks with correct word
Solver
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A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses total $340,000. Fixed expenses charged to the product total $210,000. The company estimates that $60,000 of these fixed expenses are not avoidable even if the product is dropped. If Product A is dropped, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
A. ($50,000) B. $10,000 C. $50,000 D. ($10,000)
The before-after with control group design is a quasi-experimental design
Indicate whether the statement is true or false
Suppose the standard for a given cost during a period was $80,000 . The actual cost for the period was $72,000 . Under what circumstances would you consider the variance from budget to be a positive performance indication?
a. The cost is fixed, and actual production was 90 percent of the standard level of budgeted production. b. The cost is variable, and the standard cost noted above is the cost at a production level lower than the actual production level. c. The cost is variable, and actual production was 90 percent of the standard level of production. d. The cost is variable, and actual production was 75 percent of the standard level of production.
Why is an organization’s history important?
a. Organizations need to learn from their mistakes b. Organizations should try to repeat what worked for them in the past c. It provides insight into how the organization evolved and developed its mission, values, and strategy d. It’s useful to explain to customers and stakeholders and is a valuable marketing tool