Reference no: EM132716283

Fabricators, Inc. wants to increase capacity by adding a new machine. The fixed costs for machine A are $90,000, and its variable cost is $15 per unit. The revenue is $21 per unit. What is the break-even point for machine A?

Select one:

a. 15,000 units
b. $15,000 dollars
c. 4,286 units
d. 90,000 units
e. $90,000 dollars

The beta distribution is used in project management to:

Select one:

a. calculate pessimistic and optimistic activity times.
b. calculate slack on activities not on the critical path.
c. calculate the probability that a project will be completed within its budget.
d. determine which activity should be crashed.
e. none of the above

Assignable causes:

Select one:

a. are not as important as natural causes.
b. are causes of variation that can be identified and investigated.
c. are also referred to as "chance" causes.
d. depend on the inspector assigned to the job.
e. are within the limits of a control chart.

Which of the following is TRUE regarding the average outgoing quality level?

Select one:

a. AOQ is always greater than AQL but less than LTPD.
b. AOQ rises [worsens] following inspection of failed lots.
c. AOQ is very low [very good] for extremely poor quality lots.
d. An AOQ value of 1 is ideal, because all defects have been removed.
e. None of the above is true.

Which of the following statements concerning CPM activities is false?

Select one:

a. The late start of an activity is its late finish less its duration.
b. The early finish of an activity is the early start of that activity plus its duration.
c. The late finish is the earliest of the late start times of all successor activities.
d. The early start of an activity is the latest early finish of all preceding activities.
e. The late finish of an activity is the earliest late start of all preceding activities.