Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the backorder costs amount to $3 for each widget that is on backorder, then what are the total backorder costs?
A. $3
B. $22
C. $0
D. $68
C. $0
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The high-low method
a. calculates variable costs per unit by dividing the difference in the high and low activity levels by the high and low costs. b. assumes that the fixed portion of the mixed cost is the lowest monthly cost incurred during the period under consideration. c. allows differentiation between fixed and variable costs when dealing with mixed costs. d. combines the fixed and variable portions of a cost to determine the total cost.
Active listening involves:
A) indicating that you are paying attention to the speaker by giving verbal and nonverbal feedback B) saying "yes" and "I hear you" in response to the speaker C) nodding your head in rapid succession to indicate agreement with the speaker D) agreeing with what the speaker is telling you E) thinking of follow-up questions while the speaker is talking
Business messages should use positive language rather than negative language. Positive language A) has no effect on the tone of a message
B) conveys less information than negative language. C) grants the reader all requests or demands. D) tells what is and what can be done.
Green River Energy Corporation wants to begin operations that include the discharge of waste into navigable waters. Under the Clean Water Act, Green River must install certain equipment
a. after beginning operations. b. before beginning operations. c. during operations. d. only if a regulatory agency challenges the discharge.