Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1)A reason for the importance of capacity decisions is that capacity: Is the sam

ID: 433946 • Letter: 1

Question

1)A reason for the importance of capacity decisions is that capacity:

   Is the same as job enlargement

    Should include more authority

  Is a concept that was promoted by Adam Smith

includes all of the above

2)An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit.  The break-even point volume is:

100

500

1000

d.2000

3)nearness to raw materials would be most important to a

Manufacturer

clothing store

post office

tax preparation service

4)A decision tree is :

A behavioral representation of alternatives

A matrix representation of alternatives

A schematic representation of alternatives

  Limited to a maximum of 12 branches

a.

   Is the same as job enlargement

b.

    Should include more authority

c.

  Is a concept that was promoted by Adam Smith

d.

includes all of the above

Explanation / Answer

1.

Wrong alternatives are given.

The correct alternatives are about ability to limit the capacity, affecting operating cost and long term commitment. Here, the alternative D (all the above ) is correct.

2.

B

Working note:

Breakeven point = Fixed cost / (price per unit – variable cost per unit) = 10000/(70-50) = 500 units

3.

A

It will help the manufacturer to acquire to raw material quickly and at lower cost.

4.

C

It is a schematic representation that helps the managers to analyze and make informed decisions.