When future demand is uncertain and sequential decisions are involved in capacity planning, a manager should use a:
A) waiting line model.
B) cash flow analysis.
C) decision tree.
D) gap analysis.
C
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In breakeven analysis adjusted for a profit factor, increasing the unit sales price will decrease the number of units needed to meet the targeted profit
Indicate whether the statement is true or false
All of the following are features of managerial accounting except:
A. information includes economic and non-financial data as well as financial data. B. information is provided primarily to insiders such as managers. C. information is characterized by objectivity, reliability, consistency, and accuracy. D. information is reported continuously with a present or future orientation.
Which of the following would be a strategy to decrease the margin lost in a stockout?
A) Arranging for backup sourcing B) Discarding the unused material C) Selling unsold product to an outlet store D) Reducing the level of cycle inventory
In the context of a structured interview, the most effective questions are typically _____; they ask the candidate to describe a situation that he or she faced at a previous job—or a hypothetical situation at the new job—and to explain the resolution.
A. behavioral B. educational C. cognitive D. motivational