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Choc. Creme. Cruller. Boston Creme. Jelly. NONE. 1 POINT. 1 POINT. 1 POINT. 1 POINT. 1 POINT. 2 POINTS. 2 POINTS. 2 POINTS. 2 POINTS. 2 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 5 POINTS. 5 POINTS.
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Choc. Creme Cruller Boston Creme Jelly NONE 1 POINT 1 POINT 1 POINT 1 POINT 1 POINT 2 POINTS 2POINTS 2POINTS 2 POINTS 2 POINTS 3 POINTS 3 POINTS 3 POINTS 3 POINTS 3 POINTS 4 POINTS 4 POINTS 4 POINTS 4 POINTS 4 POINTS 5 POINTS 5 POINTS 5 POINTS 5 POINTS 5 POINTS
1 POINT This is the increase or decrease in revenue when comparing two alternatives.
2 POINTS This is the increase or decrease in cost when comparing two alternatives.
3 POINTS This is a type of cost that occurred in the past and shouldn’t be considered when evaluating alternatives.
4 POINTS If _______costs are more than the revenue of a product, it should be discontinued.
5 POINTS The rate of earnings is 6% and the cash to be received in three years is $10,000. Determine the present value amount, using the following partial table of present value of $1 at compound interest: Year 6% 10% 12% 1 .943 .909 .893 2 .890 .826 .797 3 .840 .751 .712 4 .792 .683 .636
1 POINT A dollar today is worth more than a dollar tomorrow – this is the main idea behind the _____ value of money.
2 POINTS Decisions to buy new equipment, expand a building, etc are examples of _______ ________ analysis.
3 POINTS These are two capital analysis methods that take into account present value.
4 POINTS Estimated average annual income divided by average investment
5 POINTS The expected average rate of return for a proposed investment of $400,000 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $120,000 for the 4 years, is:
1 POINT A series of equal payments at fixed interval is called this.
2 POINTS Transportation between departments is considered _______-________ time.
3 POINTS In a JIT environment, _______ are empowered to make decisions about operations.
4 POINTS In a JIT environment, inventory purchases are recorded to this account.
5 POINTS When ranking several alternative proposals of different investment amounts it is useful to compare them using their ________ _______ ________.
1 POINT A traditional manufacturing system manufactures products, sends them to stores and waits for a customer to buy them – this is a _____ system.
2 POINTS In a JIT system, the end customer requests the product directly from the manufacturer – this is called a _____ system.
3 POINTS This capital investment analysis method determines (in years) how long it will take to recoup the initial investment.
4 POINTS A main tenet of a JIT environment is reliance on vendors and suppliers – this is what’s called ______ ______ ______
5 POINTS Labor costs and factory overhead are debited directly to this account.
