1) BillyBongistheproductionmanagerofEdelweissWinery.HerroleincludesoverseeingtheproductionandbottlingprocessesofEdelweiss Winery'sthreeproductlines:sparklingwine,redwine,andwhitewine.Whichofthefollowingismostlikelytobeanexampleofacontrollable costforBilly?

Select one:

a) ThecostsassociatedwithliaisingwithdistributorstoexportwinetoChina

b) ThecostsassociatedwithadvertisingEdelweisswineonnationalTV

c) Thecostsassociatedwithbottlingwine

d) Thecostsassociatedwithobtainingfinancefrombanks

2) Whichofthefollowingisnotanassumptionunderlyingeconomicorderquantity?

Select one:

a) On average one-half of inventory is in stock at any one time.

b) Demand is known and constant.

c) The order is delivered as needed.

d) Acquisition cost per unit is constant.

3) Avaluablemethodofassessingsupplierperformanceistouseasupplierperformanceindex.Thisindexiscalculatedby:

Select one:

a) total supplier costs total purchase price

b) average purchase price average supplier costs

c) total purchase price total supplier costs

d) average supplier costs average purchase price