Contribution margin expressed as percentage of net revenue

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1. The project team is holding a design review meeting. The project manager has been told that the design contractor may be taken over by a competitor. Thankfully, it is too late in the project for this to cause any issues for the project manager’s project, but it might affect other projects who use this contractor in future. What should be the project manager’s response, and why? Please explain your answer.

A) Inform the procurement department

B) Ignore the information

C) Begin a new vendor selection search

D) Other (explain)

2. What is the contribution margin expressed as a percentage of net revenue?

Break-even point

Contribution margin

Scatter volume

Profit volume ratio

3. When attempting to solve a linear program, what condition exists when we find no solution that satisfies all of the constraints, including non-negativity conditions?

Infeasibility

Unsolvable

Non-negativity

Feasible

4. True or false? When completing a maximization solution, any unused capacity for a less than or equal to constraint is known as the surplus.

Reference no: EM132176920

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