Description : Companies can enter a Recruiting Spend budget up to an additional ____. a. $5,000 b. $7,500 c. $10,000 d. $20,000 e. $50,000
Last Answer : a. $5,000
Description : For each point of change in automation, your company is charged ______ per unit of capacity. a. $6.00 c. $4.00 b. $5.00 d. $7.00
Last Answer : c. $4.00
Description : If current wages are set at $10/hour, what would be the minimum starting pay that your company would offer? a. $6/hour b. $8/hour c. $10/hour d. $12/hour e. none of the above
Last Answer : b. $8/hour
Description : what- Brandon’s Ink Store is selling black printer ink for $5 a cartridge and color ink for $8 a cartridge. Shelly’s Discount Ink sells the same cartridges for $6 and $7 respectively?
Last Answer : On a given weekday, each store sold $1,680 worth of ink. The profits for that day can be modeled by the equations below.5b + 8c = 1,6806b + 7c = 1,680Are the lines parallel? Answer yes or no.
Description : How is Contribution Margin calculated? a. Material Cost – Labor Cost b. Price*(Material Cost-Labor Cost) c. Price – (Material cost + Labor cost) d. Price – Material Cost e. Profit –(Material Cost + Labor Cost)
Last Answer : c. Price – (Material cost + Labor cost)
Description : If the price/product is $10 and the material cost/product is $2 and the labor cost/product is $3, what is the gross margin/product? a. $6 b. $2 c. $4 d. $3 e. none of the above
Last Answer : e. none of the above
Description : Diminishing returns for a single year on TQM budgets become noticeable at a. $3.0M. b. $1.5M. c. $2.0M. d. $5.0M. e. $1.0M.
Last Answer : c. $2.0M.
Description : If you increase automation from 2.0 to 5.0, the cost is: a. $12 per unit of capacity. b. $15 per unit of capacity. c. $9 per unit of capacity. d. $6 per unit of capacity. e. Cannot determine with this information.
Last Answer : a. $12 per unit of capacity.
Description : Your workers go on strike because they have demanded $20/hour and your wage negotiation ceiling is at $18/hour. Assuming that there are no other labor demands, how long will the strike last? a. 2 weeks b. ... . 8 weeks d. 16 weeks e. There is no way to determine how long the strike will last.
Last Answer : a. 2 weeks
Description : What is the total cost in dollars for adding 1.0 million units of capacity to a production line with an automation level of 1.0 and floor space costs per unit of $6? Assume automation costs per unit of $4. a. $26 million b. $10 million c. $2.6 million d. $1 million e. none of the above
Last Answer : b. $10 million
Description : ncreasing a product’s reliability will result in which of the following changes to production costs? a. Lower material cost b. Higher material cost c. Higher labor costs d. Lower labor costs e. Reducing MTBF has no effect on costs of production
Last Answer : b. Higher material cost
Description : The cost to increase automation to 8.0 is equal to a. First Shift Capacity X [$8 X (4 - Automation Level). b. First Shift Capacity X [$8 X (4 + Automation Level). c. First Shift Capacity X [$4 X ... Capacity X [$4 X (8 + Automation Level). e. First Shift Capacity X [$4 X (4 - Automation Level)
Last Answer : c. First Shift Capacity X [$4 X (8 – Automation Level).
Description : .As a manager you need to change the automation level of your segment from 2 to 5. The line has a capacity of $2 million. How much would it cost? a. $12 million b. $24 million c. $10 million d. $6 million e. none of the above
Last Answer : b. $24 million
Description : A segment manager's task is to a. decide which products enter the segment. b. verify the products entering and leaving a segment, the margin potential for those products, capacity level and the ... ; evaluate the margin potential of all products and the distribution systems. e. none of the above.
Last Answer : b. verify the products entering and leaving a segment, the margin potential for those products, capacity level and the distribution system as compared to competitors.
Description : At the beginning of September, 2008, RFI Company reported Merchandise Inventory of $4,000. During the month, the company made purchases of $7,800. At September 31, 2008, a physical count of inventory reported $3,200 on hand. ... sold for the month is a. $600. b. $7,800. c. $8,600. d. $11,800.
Last Answer : b. $7,800.
Description : The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.
Last Answer : e. none of the above.
Description : Investing more than $5,000,000 in the same TQM initiative over a two or three year period creates a. little or no additional improvement. b. high additional improvement. c. the same improvement than last period. d. diminishing returns.
Last Answer : a. little or no additional improvement.
Description : The reliability component cost of a product with a 17,000 hour MTBF rating is: a. $5.10. b. $17.00. c. $51.00. d. $170. e. cost cannot be determined with information given.
Last Answer : a. $5.10.
Description : .If you are currently producing 100,000 units at an automation level of 5, how much would it cost to maximize automation? a. $500,000 b. $50,000 c. $2,000,000 d. $5,000,000 e. none of the above
Last Answer : c. $2,000,000
Description : What does not drive length of R&D project? a. The product's automation level on the Production line. b. The amount of money You are willing to spend on it. c. The number of R&D projects underway ... of the product's new location to an existing product in your company's line. e. The labor strike.
Last Answer : The labor strike.
Description : what is A website charges $1 to download a game and $13 membership fee. Write an expression that gives the total cost in dollars to download "g" games.?
Last Answer : what is A website charges $1 to download a game and $13 membership fee. Write an expression that gives the total cost in dollars to download "g" games.
Description : .If your current capacity is 10,000 units and your automation level is 5.0, what is the difference of the investment between doubling your capacity and doubling your automation level? a. $60,000 b. $20,000 c. $10,000 d. $520,000 e. $260,000
Last Answer : a. $60,000
Description : In the current contract, the workers’ wage rate is $20.00. Which of the following negotiation positions would be outside the starting and ceiling amounts? a. $16.00 to $25.00 b. $18.00 to $30.00 c. $18.00 to $35.00 d. $16.00 to $20.00
Last Answer : c. $18.00 to $35.00
Description : Investing in Channel Support Systems can a. increase demand. b. reduce R&D cycle time. c. reduce material costs. d. reduce labor costs. e. reduce administrative costs.
Last Answer : a. increase demand.
Description : Labor costs are driven by three factors: a. wage and benefit rates, automation levels, and MTBF. b. wage and benefit rates, positioning, and second shift. c. wage and benefit rates, second ... , automation levels, and second shift. e. wage and benefit rates, second shift, and material costs.
Last Answer : d. wage and benefit rates, automation levels, and second shift.
Description : Investing in Vendor Just In Time can a. reduce material costs and R&D cycle time. b. reduce administrative costs and labor costs. c. reduce R&D cycle time and increase demand. d. reduce material costs and administrative costs. e. reduce material costs and increase demand.
Last Answer : d. reduce material costs and administrative costs.
Description : Quality Initiative Training can a. increase demand. b. decrease R&D cycle time. c. decrease material costs. d. decrease labor costs. e. decrease administrative costs.
Last Answer : d. decrease labor costs.
Description : The TQM initiative reduces material costs and labor costs. a. Concurrent Engineering (CCE)/Six Sigma b. Benchmarking c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)
Last Answer : a. Concurrent Engineering (CCE)/Six Sigma
Description : This process management initiative reduces material cost and, to a lesser degree, labor costs. a. Concurrent Engineering (CCE)/Six Sigma b. Benchmarking c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)
Last Answer : c. Continuous Product Improvement systems (CPI)
Description : Within the process management initiatives, concurrent engineering a. reduces material cost, inventors’ carrying costs and administrative overhead. b. reduces labor costs. c. increases the effectiveness of the sales budget and therefore demand. d. reduces R&D cycle time. e. none of the above.
Last Answer : d. reduces R&D cycle time.
Description : Benchmarking reduces a. Material cost. b. Research and Development time. c. Labor Cost. d. Administrative Cost. e. Demand.
Last Answer : d. Administrative Cost.
Description : Within the Process Management Initiatives, channel support systems a. reduce material cost. b. reduce labor costs. c. increase demand. d. reduce R&D cycle time. e. none of the above.
Last Answer : c. increase demand.
Description : Investing in CCE/Six Sigma can a. reduce labor and administrative costs. b. increase demand and reduce labor costs. c. reduce labor material costs. d. increase demand.
Last Answer : c. reduce labor material costs.
Description : Investing in CPI can a. reduce administrative costs. b. reduce material and administrative costs. c. reduce material costs. d. reduce labor costs and reduce R&D cycle time.
Last Answer : c. reduce material costs.
Description : Workers will not strike approximately 7 days for a. $1 difference in wages. b. $300 difference in benefit package. c. percentage point difference in Profit Sharing. d. 1 hour difference in training. e. percentage point difference in Annual Raise.
Last Answer : d. 1 hour difference in training.
Description : .If you are currently producing 100,000 units and your automation level is 10, how much will it cost you to double your capacity? a. $1,000,000 b. $4,600,000 c. $100,000 d. $10,000 e. none of the above
Last Answer : b. $4,600,000
Description : In the Human Resources section, workers will strike one week for: a. every 1% your Annual Raise Negotiations Ceiling is beneath Labor's demand. b. every $300 your Benefits Negotiations Ceiling is beneath ... every $1 your Wage Negotiation Ceiling is beneath Labor's demand. e. all of the above.
Last Answer : e. all of the above.
Description : If your company has a sales budget of $3 million and drops it to zero, a. accessibility drops by $1 million every year. b. awareness drops to zero. c. accessibility drops to 0% in three years. d. sales will drop to zero. e. all of the above.
Last Answer : c. accessibility drops to 0% in three years.
Description : 1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60
Last Answer : d. 500
Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C
Last Answer : c. budget surplus of $1000
Description : Investing in Concurrent Engineering can a. reduce R&D cycle time. b. reduce labor and administrative costs. c. increase demand and reduce labor costs d. reduce R&D cycle time and increase demand.
Last Answer : a. reduce R&D cycle time.
Description : Investing in Quality Function Deployment Effort can a. reduce labor and administrative costs. b. increase demand and reduce labor costs. c. reduce R&D cycle time and increase demand. d. reduce R&D cycle time and enhance the effectiveness of the promo and sales Budgets. e. increase demand.
Last Answer : d. reduce R&D cycle time and enhance the effectiveness of the promo and sales Budgets.
Description : Labor will strike for a maximum: a. 10 days. b. 84 days. c. 60 days. d. 30 days. e. There is no strike maximum.
Last Answer : b. 84 days.
Description : The company’s negotiation starting position for wages a. is never more than 150% of the current contract. b. is always lower than what Labor expects. c. is always exactly 80% of the current contract. d. is always half of the increase workers are asking for. e. none of these.
Last Answer : a. is never more than 150% of the current contract.
Description : This process management initiative reduces labor costs. a. Benchmarking b. Vendor/Just-in-Time Inventory (JIT) c. Channel Support systems d. Quality Initiative Training (QIT)
Last Answer : d. Quality Initiative Training (QIT)
Description : Budgeting money to Quality initiative will lead to these outcomes except: a. decrease R&D time. b. increase Demand. c. increase Labor Costs. d. increase efficiency. e. produce administrative savings.
Last Answer : c. increase Labor Costs.
Description : Labor Negotiation includes: a. hourly wage. b. benefits. c. profit sharing. d. annual raise. e. all of the above.
Description : Which three factors drive labor cost? a. Production capacity b. Wage and benefit rates c. Automation levels d. Second shift/Overtime costs e. b, c, d
Last Answer : e. b, c, d
Description : The following represent core company activities that must be addressed each year except: a. Research and Development. b. Marketing. c. Finance. d. Labor Negotiations. e. Production.
Last Answer : d. Labor Negotiations.
Description : At what dollar amount above the segment guidelines is all consumer appeal lost? a. $3 b. $5 c. $10 d. $20 e. None of the above
Last Answer : b. $5