Total cost tc - Study guides, Class notes & Summaries

SCM 300 Exam Questions with All Correct Answers 3 branches of supply chain & what they are responsible for - Answer-1.Procurement, (Purchasing): the branch of supply chain where deals happen, negotiations a for the best price on materials, equipment, goods, and services. 2. Operation: the branch responsible for efficiency, and operation help the organization to create and acquire high-quality products or services while using the fewest resources from the organization end. 3. Logistics: is...

BIT 3434 EXAM 1What is a computer model? - correct answer It is a set of mathematical relationships and logical assumptions implemented in a computer. What is business analytics? - correct answer c. It is synonymous to management science. What is a physical model? - correct answer c. It is a real representation of an object, such as a car, that is built to a smaller scale for evaluation and testing purposes. What is a mathematical model? - correct answer c. It is a model that uses m...

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends ...

Because of scarcity, every economic decision involves ~~> a trade off Ryan spends an hour studying instead of going for a bike ride. Assume studying and bike riding were Ryan's only options for that hour. The opportunity cost to him of studying is ~~> the enjoyment and exercise he would have received from bike riding Which of the following is a false statement about absolute and comparative advantage? ~~> It is possible for one country to have the comparative advantag...

Cost - Materials, Energy, Wages, Transportation, Rent Quality - Design, Reliability, Consistency, Materials, Fabrics Speed - Delivery, On-Time, Innovation Time Flexibility - Customization, Size of Order, Design Competitive Priorities - Cost, Quality, Speed, Flexibility Productivity: - The ratio of outputs [What did I make?] to inputs [What was the cost?]. (Organizational Perspective) Value: - The ratio of "output purchased" divided by "inputs used to purchased" the product ...

Peregrine Exam Questions and Answers Which of the following is NOT a strategic alternative to laying off employees? - Answer- implementing a restricted hiring policy downsizing the workforce lowering employment standards mandating reduced hours Lowering Employment Standards KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each,...

Troop Leading Procedures - ANSWER • Receive the mission- LDRs determine unit mission and time available to accomplish it. Conduct initial analysis. • Issue a warning order (WARNO)--less detailed than Opord • Make a tentative plan- • Start necessary movement • Reconnoiter • Complete the plan • Issue Operations Order (OPORD) • Supervise Rehearsal techniques - ANSWER Backbrief., Combined arms rehearsal., Support rehearsal., Battle drill or SOP rehearsal The prin...

WGU C211 Pre- Assessment Global Economics for Managers Exam Prep| Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Q: Direct exports have which advantage Answer: capitalization of economies of scale in production in the home country Q: What are three examples of equity modes of entry? Answer: strategic alliances greenfields acquisitions Q: Which pillar of formal institutions represents the coercive power of gov- ernments Answer: regulatory Q: wha...

absolute advantage - Answer the ability to produce a good using fewer inputs than another producer average fixed cost (AFC) - Answer Total fixed cost divided by the number of units of output; a per-unit measure of fixed costs. AFC = FC/Q average total cost (ATC) - Answer Total cost divided by the number of units of output ATC = TC/Q or ATC = AFC + AVC average variable cost (AVC) - Answer variable cost divided by the number of units of output AVC = VC/Q budget constraint - Ans...

Ivy Software MBA Prepworks Fundamentals of Economics Updated & Verified!!! Questions and Answers 100% Already Graded A+ The main concept demonstrated in the production possibilities frontier is - CORRECT ANSWER-Opportunity cost When country A has a lower opportunity cost of producing sugar relative to country B, then country A is said to have - CORRECT ANSWER-Comparative Advantage A graph that shows the combinations of two goods that the economy can produce given the available scarce re...