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Problem 1: The given technique in management science modeling are linear mathematical programming techniques, probabilistic techniques, network techniques and other techniques, choose one and make a research on the internet about how it is being applied in specific areas. Be sure to site an example or situation where the function of the chosen technique is justified.
Genesky Company is currently manufacturing Part ABS-43, What is the maximum amount per unit that Genesky would be willing to pay to an outside supplier?
Identify two factors to consider when arriving at pricing decisions within the organization. Compute the optimal price per unit that maximizes profit.
How much will Grandlin Gears record as a debit to Manufacturing Overhead during the year - During the month of August, Grandlin Gears applied overhead
Flagstaff Company has budgeted production units, Compute the total budgeted overhead to be reported on the factory overhead budget for the month.
The factory supervisor estimates that they are, on average, half complete. How many equivalent units are there in terms of Direct Material costs
If Divine DVDs' direct labour costs do increase by 10 per cent, what selling price per unit of product must charge to maintain same contribution margin ratio.
What price were the updated versions sold? Hi-Tech Inc. has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600
Describe the importance of creating Specific, Measurable, Achievable, Realistic, and Time-oriented (SMART) objectives for a training plan
Other Expenses are paid in advance and are initially debited to Prepaid Expenses. The company's balance sheets and income statement follow.
A physical inventory of Liverpool Company taken at December 31 reveals the following.
How much of the unit product cost of $71.70 is relevant in the decision of whether to make or buy the part? Explain differential analysis and relevant cost
Enter the cost formula for delivery cost. (Note: Round the fixed cost to the nearest dollar and the variable rate to the nearest cent.)
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