Practice Questions F08

Practice Questions F08 - 1 Which of these factors affects...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1. Which of these factors affects productivity? A) methods and technology B) workers C) management D) a and b only E) all of the above Answer: E 2. Gourmet Pretzels bakes soft pretzels on an assembly line. It currently bakes 800 pretzels each 8-hour shift. If the production is increased to 1,200 pretzels each shift, the productivity increases by: A) 50% B) 33% C) 25% D) 67% Answer: A 3. 60. The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity? A) 1.463 B) 1.457 C) 1.431 Answer: B 4. In business, forecasts are the basis for: A) capacity planning B) budgeting C) sales planning D) production planning E) all of the above Answer: E
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
5. Simple exponential smoothing is being used to forecast demand. The previous forecast of 66
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 4

Practice Questions F08 - 1 Which of these factors affects...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online