on employee 42. The personnel manager has just completed a attitudes, working conditions, and productivity. He would yee analyze data subject to the constraints of his company (i.e., salary The stated objectives of this company are to (1) maximize profits, (2) maximize safety, and (3) promote positive employee attitudes. The decision analysis technique structure, capital equipment, etc.). that could accomplish this analysis is linear programming. statistical analysis. goal programming. dynamic programming. a. b. c. (CMA, Adapted) d. Union Industries manufactures three products at its highly automated factory. The products are very popular, with demand far exceeding the company's ability to supply the marketplace. To maximize profit management should focus on each product's gross margin. b. 43. a. segment margin. contribution margin ratio. d. с. contribution margin per machine hour. (CMA, Adapted) Honey Pet Foods manufactures two products, X and Y. The unit contribution margins for Products X and Y are P30 and P50. respectively. Each product uses Materials A and B. Product X uses 6 pound of Material A and 12 pounds of Material B. Product Y uses 12 pounds of Material A and 8 pounds of Material B. The company can purchase only 1,200 pounds of Material A and 1,760 pounds of Material B. The optimal mix of products to manufacture is 146 units of X and 0 units of Y. 0 units of X and 100 units of Y. 120 units of X and 40 units of Y. 40 units of X and 120 units of Y. 44. a. b. с. d. The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. 45. a. b. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. с. d. CPM considers activity costs and PERT does nɔt. (CMA, Adapted)
on employee 42. The personnel manager has just completed a attitudes, working conditions, and productivity. He would yee analyze data subject to the constraints of his company (i.e., salary The stated objectives of this company are to (1) maximize profits, (2) maximize safety, and (3) promote positive employee attitudes. The decision analysis technique structure, capital equipment, etc.). that could accomplish this analysis is linear programming. statistical analysis. goal programming. dynamic programming. a. b. c. (CMA, Adapted) d. Union Industries manufactures three products at its highly automated factory. The products are very popular, with demand far exceeding the company's ability to supply the marketplace. To maximize profit management should focus on each product's gross margin. b. 43. a. segment margin. contribution margin ratio. d. с. contribution margin per machine hour. (CMA, Adapted) Honey Pet Foods manufactures two products, X and Y. The unit contribution margins for Products X and Y are P30 and P50. respectively. Each product uses Materials A and B. Product X uses 6 pound of Material A and 12 pounds of Material B. Product Y uses 12 pounds of Material A and 8 pounds of Material B. The company can purchase only 1,200 pounds of Material A and 1,760 pounds of Material B. The optimal mix of products to manufacture is 146 units of X and 0 units of Y. 0 units of X and 100 units of Y. 120 units of X and 40 units of Y. 40 units of X and 120 units of Y. 44. a. b. с. d. The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. 45. a. b. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. с. d. CPM considers activity costs and PERT does nɔt. (CMA, Adapted)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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