An increase in sales price per unit decreases the contribution margin per unit
Indicate whether the statement is true or false
FALSE
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Antidumping law has been called unfair for all of the following reasons EXCEPT
a. they do not reflect currency fluctuations. b. they are based on average variable cost. c. they are based on average total cost. d. U.S. firms selling at home are not subject to the same rules.
If the standard to produce a given amount of product is 600 direct labor hours at $17 and the actual was 500 hours at $15, the time variance was $1,500 unfavorable
Indicate whether the statement is true or false
Which of the following is an example of an innovation in operations management to gain a competitive edge?
a. the way work is organized b. hiring capable employees c. arranging for new sources of finance d. finding new ways of advertising
The transportation model seeks satisfactory, but not necessarily optimal, solutions for shipping goods from several origins to several destinations
Indicate whether the statement is true or false