Consider the portion of the sensitivity analysis report that follows. The allowable range of optimality for variable Kidney Beans is from ______ to ______.
A. 0.9; 1.5
B. 0.1; 0.5
C. 0.5; 0.167
D. 20; 40
A. 0.9; 1.5
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Carteret Inc Carteret Inc manufactures hammocks under various brand names. The company sells most of its hammocks in the second quarter of each year. Their production budget for the second quarter shows the following number of hammocks needs to be produced: April 6,000 units May 10,000 units June 15,000 units Each unit requires 30 feet of cotton rope cord which costs $.50 per foot. The company
has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. In addition, each hammock requires 45 minutes of direct labor for assembly and inspection at a cost of $.25 per minute. The company currently applies manufacturing overhead to production at the rate of $8 per direct labor hour. Refer to the Carteret Inc information above. The total cost of direct labor and manufacturing overhead for the month of May is: A) $192,500 B) $ 82,500 C) $172,500 D) $168,750
An entire manufacturing system with unbalanced operations that emphasizes total system performance is
A. quality circles. B. synchronous manufacturing. C. JIT. D. concurrent engineering.
Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000 on $120,000. The tax is a
A) progressive tax. B) proportional tax. C) regressive tax. D) None of the above.
Andrew sold a painting to Henry claiming it was an original Matisse. However, Andrew had recently bought the painting from an artist who specializes in reproducing original masters. When Henry showed the painting to an arts dealer, the dealer pointed out that it was a fake. Thus, Henry was a victim of ________.
A. slander B. unconscionability C. negligent misrepresentation D. fraud