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Humanities
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English Language
Chapter S7 Homework/Quiz
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Chapter S7 Homework/Quiz
Quartney Griffin
3 September 2022
4.7
(114 reviews)
11 test answers
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(7)
question
Efficiency is given by
answer
actual output / effective capactiy
question
The difference between selling price and variable cost is called
answer
contribution
question
Which of the following approaches makes new capacity a larger increase at the beginning of the period?
answer
leading demand with a one-step expansion
question
In manugacturing, excess capacity can be used to
answer
do more setupsm shorten production runs, and drive down inventory costs
question
Which of the following is a requirement to be able to compute expected monetary value?
answer
the probability of each state of nature is known
question
What is a means of determining the discounted value of a series of future cash receipts?
answer
net present value
question
What does EMV stand for?
answer
expected monetary value
question
What is a means of finding the point, in dollars and units, at which costs equal revenues?
answer
break-even analysis
question
The most aggressive and risky approach to capactity planning is
answer
leading demand with one-step expansion
question
An investment that generates a series of uniform and equal cash amounts is referred as
answer
an annuity
question
Which of the following is a possible option to employ when demand exceeds capacity?
answer
schedule long lead times
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