List at least four items that are usually found in the introduction section of the body of a report
Students are to list four of the following six items:
a. Background of the problem
b. Need for the study
c. Authorization for the report
d. Hypotheses or problem statement and subproblems
e. Purpose and scope (including definitions, if needed)
f. Procedures used to gather and analyze the data
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Pangle Corporation has two production departments, Forming and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:??FormingCustomizing?Machine-hours16,00012,000?Direct labor-hours4,0009,000?Total fixed manufacturing overhead cost$91,200$99,000?Variable manufacturing overhead per machine-hour$2.10??Variable manufacturing overhead per direct labor-hour?$3.10During the current month the company started and finished Job M109. The following data
were recorded for this job:?Job M109:FormingCustomizing?Machine-hours5030?Direct labor-hours2050?Direct materials$915$355?Direct labor cost$620$1,550Required:Calculate the total job cost for Job M109. What will be an ideal response?
Which of the following is an opportunity for retailers to develop a sustainable competitive advantage?
A. Deeper assortment B. Coupons C. Good customer service D. Reduced prices E. Longer hours of operation
The process of dividing the market into groups of customers with different needs, wants, or characteristics is called
A. positioning. B. market segmentation. C. allocation. D. target marketing. E. value capture.
Which of these actions would tend to make an MRP system less nervous?
A) using the same component, such as a fastener, at multiple levels throughout the product structure tree B) eliminating lot size requirements wherever possible C) increasing the number of levels in a product structure tree D) increasing the minimum order quantities only at the highest level of a bill or materials