If the manager uses minimax regret as the decision criterion, which of the alternatives would she choose?

What will be an ideal response?


Answer: Select alternative 3.

Alt S1 S2 worst

1 0 6 6
2 12 0 12
3 2 3 3 (min regret)

Business

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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $108,000. The machine's useful life is estimated to be 4 years, or 140,000 units of product, with a $2000 salvage value. During its second year, the machine produces 28,000 units of product. Determine the machines' second year depreciation under the straight-line method.

A. $26,500. B. $27,000. C. $21,200. D. $27,500. E. $21,600.

Business

Cadavieco Corporation has provided the following data for its two most recent years of operation:?Selling price per unit$90????Manufacturing costs:??  Variable manufacturing cost per unit produced:??  Direct materials$13?  Direct labor$6?  Variable manufacturing overhead$4?Fixed manufacturing overhead per year$224,000?Selling and administrative expenses:??  Variable selling and administrative expense per unit sold$5?  Fixed selling and administrative expense per year$74,000??Year 1Year 2?Units in beginning inventory01,000?Units produced during the year8,0007,000?Units sold during the year7,0005,000?Units in ending inventory1,0003,000Required:a. Assume the company uses absorption costing. Compute the unit product cost in each

year.b. Assume the company uses absorption costing. Prepare an income statement for each year.c. Assume the company uses variable costing. Compute the unit product cost in each year.d. Assume the company uses variable costing. Prepare an income statement for each year. What will be an ideal response?

Business

A NAS appliance must be attached to a network that supports ________ protocols

A) VS-based B) OP-based C) IP-based D) IM-based

Business

The pure time value of money is known as the:

A. Liquidity effect. B. Fisher effect. C. Term structure of interest rates. D. Inflation factor. E. Interest rate factor.

Business