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ZK

Answered

If you do all of the following EXCEPT ________,you'll be able to ask and answer questions effectively during an employment interview.

A) taking control of the conversation
B) pausing before answering difficult questions
C) avoiding one-word answers as much as possible
D) waiting until the interviewer finishes a question before answering it

On Aug 03, 2024


A
ZK

Answered

The ability, experience, and independence of subordinates; the clarity of organizational plans and formalization of rules; and routineness and availability of performance feedback can serve as effective substitutes for leadership.

On Jul 05, 2024


True
ZK

Answered

Related to the Economics in Practice on p. 6: The opportunity cost to Apple of having the hard drive produced in Japan by Toshiba is

A) the wages paid to Japanese workers.
B) the components of the hard drive which are not produced by Toshiba.
C) having the hard drive produced by the next best available company.
D) the value-added captured by Apple in the United States.

On Jul 04, 2024


C
ZK

Answered

A total materials variance is analyzed in terms of

A) price and quantity variances.
B) buy and sell variances.
C) quantity and quality variances.
D) tight and loose variances.

On Jun 05, 2024


A
ZK

Answered

List and describe the four basic types of trade barriers.

On Jun 04, 2024


The four basic types of trade barriers are:(1)tariffs: a tax imposed by a nation on imports. Tariffs may be used to collect revenue for the government, or they may be protective tariffs that are designed to shield domestic producers from foreign competition. (2)import quotas: a limit imposed by a nation on the quantity (or total value)of a good that may be imported during some time period. (3)nontariff barriers: refers to all barriers other than protective tariffs that nations erect to impede international trade, including import quotas, licensing requirements, unreasonable product-quality standards, or unnecessary bureaucratic detail in customs procedures. (4)voluntary export restrictions: a voluntary limitation by countries or firms of their exports to a particular foreign nation. These are undertaken to avoid the enactment of formal trade barriers by the foreign nation.
ZK

Answered

The reliability of cost-volume-profit analysis does not depend on the assumption that costs can be accurately divided into fixed and variable components.

On May 06, 2024


False
ZK

Answered

Jack's Refrigeration Repair is under contract to repair, recondition, and/or refurbish commercial and industrial icemakers from restaurants, seafood processors, and similar organizations. Jack currently has five jobs to be scheduled, shown in the order in which they arrived.
 Job  Processing Time (hours)  Due (hours) V2050W1035X5090Y1535Z5575\begin{array} { | c | c | c | } \hline \text { Job } & \text { Processing Time (hours) } & \text { Due (hours) } \\\hline \mathrm { V } & 20 & 50 \\\hline \mathrm { W } & 10 & 35 \\\hline \mathrm { X } & 50 & 90 \\\hline \mathrm { Y } & 15 & 35 \\\hline \mathrm { Z } & 55 & 75 \\\hline\end{array} Job VWXYZ Processing Time (hours) 2010501555 Due (hours) 5035903575 a. Complete the following table. (Show your supporting calculations below).
b. Which dispatching rule has the best score for flow time?
c. Which dispatching rule has the best score for work-in-process (jobs in the system)?
d. Which dispatching rule has the best score for lateness?
e. What dispatching rule would you select? Support your decision.
 Dispatching  Rule  Job Sequence  Average Flow  Time  Average  Number of  Jobs  Average  Lateness  FCFS  SPT  EDD  CR \begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Dispatching } \\\text { Rule }\end{array} & \text { Job Sequence } & \begin{array} { c } \text { Average Flow } \\\text { Time }\end{array} & \begin{array} { c } \text { Average } \\\text { Number of } \\\text { Jobs }\end{array} & \begin{array} { c } \text { Average } \\\text { Lateness }\end{array} \\\hline \text { FCFS } & & & & \\\hline \text { SPT } & & & & \\\hline \text { EDD } & & & & \\\hline \text { CR } & & & & \\\hline\end{array} Dispatching  Rule  FCFS  SPT  EDD  CR  Job Sequence  Average Flow  Time  Average  Number of  Jobs  Average  Lateness 

On May 05, 2024


(a) A summary of calculations appears in the table below.
 Dispatching  Rule  Job Sequence  Average Flow  Time  Average  Number of  Jobs  Average  Lateness  FCFS V,W,X,Y,Z752.5027 SPT  W, Y, V, X, Z 652.1716 EDD  W, Y, V, Z, X 662.2017 CR  Z, X, Y, V, W 1143.8061\begin{array} { | l | c | c | c | c | } \hline\begin{array} { c } \text { Dispatching } \\\text { Rule }\end{array} & \text { Job Sequence } & \begin{array} { c } \text { Average Flow } \\\text { Time }\end{array} & \begin{array} { c } \text { Average } \\\text { Number of } \\\text { Jobs }\end{array} & \begin{array} { c } \text { Average } \\\text { Lateness }\end{array} \\\hline \text { FCFS } & \mathrm { V } , \mathrm { W } , \mathrm { X } , \mathrm { Y } , \mathrm { Z } & 75 & 2.50 & 27 \\\hline \text { SPT } & \text { W, Y, V, X, Z } & 65 & 2.17 & 16 \\\hline \text { EDD } & \text { W, Y, V, Z, X } & 66 & 2.20 & 17 \\\hline \text { CR } & \text { Z, X, Y, V, W } & 114 & 3.80 & 61 \\\hline\end{array} Dispatching  Rule  FCFS  SPT  EDD  CR  Job Sequence V,W,X,Y,Z W, Y, V, X, Z  W, Y, V, Z, X  Z, X, Y, V, W  Average Flow  Time 756566114 Average  Number of  Jobs 2.502.172.203.80 Average  Lateness 27161761 (b,c,d) SPT is best on all three criteria: flow time, work-in-process, and lateness. (e) Most students will select SPT as quite obvious, but EDD is a close second in all criteria. Supporting calculations for each priority rule appear in the tables below.  SPT  Machine  Due Date  Flow Time  Late W1035100Y1535250V2050450X5090955 Z 557515075 Total 32580 Average 6516\begin{array}{|c|c|c|c|c|}\hline \text { SPT } & \text { Machine } & \text { Due Date } & \text { Flow Time } & \text { Late } \\\hline \mathrm{W} & 10 & 35 & 10 & 0 \\\hline \mathrm{Y} & 15 & 35 & 25 & 0 \\\hline \mathrm{V} & 20 & 50 & 45 & 0 \\\hline \mathrm{X} & 50 & 90 & 95 & 5 \\\hline \text { Z } & 55 & 75 & 150 & 75 \\\hline \text { Total } & & & 325 & 80 \\\hline \text { Average } & & & 65 & 16 \\\hline\end{array} SPT WYVX Z  Total  Average  Machine 1015205055 Due Date 3535509075 Flow Time 1025459515032565 Late 0005758016
 Average # jobs in system =2.17\text { Average } \# \text { jobs in system }=2.17 Average # jobs in system =2.17

 FCFS  Machinel  Due Date  Flow Time  Late V2050200W1035300X5090800Y15359560 Z 557515075 Total 375135 Average 7527\begin{array}{|c|c|c|c|c|}\hline \text { FCFS } & \text { Machinel } & \text { Due Date } & \text { Flow Time } & \text { Late } \\\hline \mathrm{V} & 20 & 50 & 20 & 0 \\\hline \mathrm{W} & 10 & 35 & 30 & 0 \\\hline \mathrm{X} & 50 & 90 & 80 & 0 \\\hline \mathrm{Y} & 15 & 35 & 95 & 60 \\\hline \text { Z } & 55 & 75 & 150 & 75 \\\hline \text { Total } & & & 375 & 135 \\\hline \text { Average } & & & 75 & 27 \\\hline\end{array} FCFS VWXY Z  Total  Average  Machinel 2010501555 Due Date 5035903575 Flow Time 2030809515037575 Late 000607513527
 Average # jobs in system =2.5\text { Average \# jobs in system }=2.5 Average # jobs in system =2.5  EDD  Machine l  Due Date  Flow Time  Late W1035100Y1535250V2050450Z557510025X509015060 Total 33085 Average 6617\begin{array}{|c|c|c|c|c|}\hline \text { EDD } & \text { Machine l } & \text { Due Date } & \text { Flow Time } & \text { Late } \\\hline \mathrm{W} & 10 & 35 & 10 & 0 \\\hline \mathrm{Y} & 15 & 35 & 25 & 0 \\\hline \mathrm{V} & 20 & 50 & 45 & 0 \\\hline \mathrm{Z} & 55 & 75 & 100 & 25 \\\hline \mathrm{X} & 50 & 90 & 150 & 60 \\\hline \text { Total } & & & 330 & 85 \\\hline \text { Average } & & & 66 & 17 \\\hline\end{array} EDD WYVZX Total  Average  Machine l 1015205550 Due Date 3535507590 Flow Time 10254510015033066 Late 00025608517
 Average # jobs in system =2.20\text { Average } \# \text { jobs in system }=2.20 Average # jobs in system =2.20

 CR  Machinel  Due Date  CR  Flow Time  Late  Z 55751.36550X50901.810515Y15352.3312085V20502.514090W10353.5150115 Total 570305 Average 1146\begin{array}{|c|c|c|c|c|c|}\hline \text { CR } & \text { Machinel } & \text { Due Date } & \text { CR } & \text { Flow Time } & \text { Late } \\\hline \text { Z } & 55 & 75 & 1.36 & 55 & 0 \\\hline \mathrm{X} & 50 & 90 & 1.8 & 105 & 15 \\\hline \mathrm{Y} & 15 & 35 & 2.33 & 120 & 85 \\\hline \mathrm{V} & 20 & 50 & 2.5 & 140 & 90 \\\hline \mathrm{W} & 10 & 35 & 3.5 & 150 & 115 \\\hline \text { Total } & & & & 570 & 305 \\\hline \text { Average } & & & & 114 & 6 \\\hline\end{array} CR  Z XYVW Total  Average  Machinel 5550152010 Due Date 7590355035 CR 1.361.82.332.53.5 Flow Time 55105120140150570114 Late 01585901153056
 Average # jobs in system =3.80\text { Average \# jobs in system }=3.80 Average # jobs in system =3.80