Description : .If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.
Last Answer : d. $5.
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 : 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 : .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 : 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 : 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 : If George earned $50,000 and was taxed $7,500, while Julia earned $80,000 and was taxed $9,000, what type of income tax structure exists in their country?
Last Answer : regressive income tax
Description : The turnover rate a. is the percentage of workers who left the company last year, excluding down-sizing. b. does not ignore down-sizing factors. c. is not driven by recruiting spend or training ... factors like retirement, relocation and weeding out poor workers (about 5%). e. a and d.
Last Answer : e. a and d.
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
Description : A homeowner replaces a 65 watt incandescent bulb with a 15 watt compact fluorescent lamp. The light is on 2000 hours a year. If electricity cost 10 cents a kilowatt-hour, how much money is saved on the electric bill in one year? w) $50.00 x) $10.00 y) $5.00 z) $1.00
Last Answer : ANSWER: X -- $10.00
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 : When working with Outside Sales, each salesperson costs a. $35,000. b. $100,000. c. $50,000. d. $125,000. e. $110,000 plus a commission of 1%.
Last Answer : d. $125,000.
Description : When working with inside sales, each inside salesperson costs a. $35,000. b. $100,000. c. $50,000. d. $125,000. e. $110,000 plus a commission of 1%.
Last Answer : c. $50,000.
Description : When working with Distributors, each distributor costs a. $35,000. b. $100,000. c. $50,000. d. $125,000.
Last Answer : b. $100,000.
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 : Looking at the production, if the potential bar is higher than the actual one, a. the company should spend more budget in sales. b. the company over produced and missed sales ... company under produced and missed sales opportunities. e. the company should spend more budget in marketing.
Last Answer : d. the company under produced and missed sales opportunities.
Description : In order to achieve 100% accessibility, a team must: a. none of these. b. have at least two products in the same segment. c. have a combined sales budget of $4.0 million. d. create awareness in the previous year. e. spend $4 million on distribution channels.
Last Answer : b. have at least two products in the same segment.
Description : Which of the following statements is true about promo and sales budget? a. From one year to the next, a third of those who knew about a product forgot about it. b. If a product ended last year ... least two products in the segment's fine cut to achieve 100% accessibility. e. All of the above.
Last Answer : e. All of the above.
Description : The marketing budget detail sales screen allows companies to allocate their promotion budget to different media channels. These media channels are: a. Print Media, Outside Sales, Direct Mail, Trade Shows, and E ... Print Media, and Television. e. E-Mail, Web Media, Print Media, and Inside Sales.
Last Answer : b. Print Media, Direct Mail, Trade Shows, E-Mail, and Web Media.
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 : 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 : 8. If the monetary base is increased by $1,000 and the reserve requirement is 10% (1/10), by how much will the money supply be increased? a. $100 b. $1,000 c. $5,000 d. $10,000
Last Answer : d. $10,000
Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.
Last Answer : c. Purchases Returns and Allo
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 : .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 : What is the right formula for capacity investment? a. Investment = Capacity x ($4 x Automation) b. Investment = Capacity x [$10 + ($4 x Automation)] c. Investment = Capacity x [$4 + ($6 x Automation)] d. Investment = Capacity x [$6 + ($4 x Automation)] e. Investment = Capacity x Automation
Last Answer : d. Investment = Capacity x [$6 + ($4 x Automation)]
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 : 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 : A 6 month project in R&D costs____________; while a 12 month project in R&D costs ________. a. 1,000,000; 1,500,000 b. 650,000; 850,000 c. 500,000; 1,000,000 d. 750,000; 1,000,000 e. 1,000,000; 750,000
Last Answer : c. 500,000; 1,000,000
Description : If you want to add 500,000 units of capacity to an assembly line with an automation rating of 5, how much will it cost? a. 1,200,000 b. 1,300,000 c. 13,000,000 d. 24,000,000 e. 26,000,000
Last Answer : c. 13,000,000
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 : 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 : A man buys a rope from a woman for $3.00 and hands the woman a $10 bill. The woman goes into the grocery store next door to get change. She returns and gives the man $7.00. After the man ... counterfeit bill you gave me.' The woman gives the clerk a good bill.How much has the woman lost? -Riddles
Last Answer : Seven dollars plus the rope.
Description : Which is false about production in Capsim? a. Teams cannot produce beyond 100% capacity. b. Teams should match their production schedule to the teams sales forecast. c. There is a one year lag ... year lag between purchase and use of additional production automation. e. All of the above are true.
Last Answer : a. Teams cannot produce beyond 100% capacity.
Description : Adding one additional unit of capacity costs a. $4 x Change (difference) in Automation Level b. $6 + ($4 x Current Automation Level). c. $6 x Change (difference) in Automation Level. d. $4 + ($6 x Current Automation Level). e. none of these.
Last Answer : b. $6 + ($4 x Current Automation Level).
Description : Assuming no additional product promotion, what percent of customers, reached through last year’s marketing campaign will carry over into the current year? a. 33% b. 50% c. 67% d. 0% e. None of the above
Last Answer : c. 67%
Description : What computers, software and monitors to buy for private small school that has a $5,000 budget?
Last Answer : I would contact Dell and ask for help. They will probably give you a good deal. Here is a link to contact their k-12 sales department. Once you fill that out someone will call you back.
Description : If you had $5,000 that you had to spend today, how would you use it?
Last Answer : If I'm handed $5000 today I will want the money to duplicate or generate more money for me,as in the money working for me I will just buy a land.At least in my location I can buy a good land near ... financing a boy's quarter for a start then I will look for a way out to build the main building.
Description : .Finance Decisions should be made a. before the other departments enter their decisions. b. at any time. c. after the other departments have entered their decisions. d. after the R&D department has entered its decisions. e. none of the above.
Last Answer : c. after the other departments have entered their decisions.
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 : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget
Last Answer : e. Deciding promo and sales budget
Description : These TQM initiatives reduce administrative overhead; reduces the R&D cycle time and enhances the effectiveness of the promotion and sales budget. a. Concurrent Engineering (CCE); Channel Support systems ... Inventory d. Channel Support systems and Six Sigma e. Quality Initiative Training (QIT)
Last Answer : b. Quality Function Deployment and Benchmarking
Description : This process management initiative increases the effectiveness of the Sales Budget and therefore demand. a. Benchmarking b. Vendor/Just-in-Time Inventory (JIT) c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)
Last Answer : d. Channel Support systems
Description : The resources used in the Sales Budget are a. E-mail, Trade Shows, Web Media and Print Media. b. Print Media, Outside Sales, and Distributors. c. Trade Shows, Outside Sales, Distributors ... , and Inside Sales. e. Trade Shows, Distributors, Outside Sales, Inside Sales, and Print Media.
Last Answer : d. Outside Sales, Distributors, and Inside Sales.
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 : How can the R&D cycle time be reduced? a. Increasing automation levels b. Budgeting money to quality initiatives c. Increasing R&D budget d. Decreasing product portfolio e. Decreasing capacity
Last Answer : b. Budgeting money to quality initiatives
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 : If you drop your sales budget to zero, accessibility drops to 0% in how many years? a. 1 b. 2 c. 3 d. 4 e. 5
Last Answer : c. 3
Description : What effect do increases in the Promotion Budget have on a product’s Awareness? a. Increasing returns b. Constant returns c. Proportionally increasing returns d. Diminishing returns e. None of the above
Last Answer : d. Diminishing returns
Description : When the Human Resources module is activated, which areas must be addressed? a. Complement (number of workers) b. Caliber (recruitment of talent of workers) c. Training (time workers spend in training) d. Benefits (retirement planning for workers) e. a, b, and c
Last Answer : e. a, b, and c