{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:09:03-04:00", "answer_date": "2024-06-29 02:09:03", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4445818", "url": "\/study-help\/questions\/12-a-company-is-choosing-which-of-three-new-products-4445818", "question_creation_date_js": "2024-06-29T02:09:03-04:00", "question_creation_date": "Jun 29, 2024 02:09 AM", "meta_title": "[Solved] 12. A company is choosing which of three | SolutionInn", "meta_description": "Answer of - 12. A company is choosing which of three new products to make (A, B or C) and has calculated likely pay-offs under thr | SolutionInn", "meta_keywords": "12,company,choosing,three,new,products,make,c,calculated,pay-offs,scenarios,1", "question_title_h1": "12. A company is choosing which of three new products to make (A, B or C) and has calculated likely pay-offs under three possible scenarios", "question_title": "12. A company is choosing which of three new products to make", "question_title_for_js_snippet": "12 A company is choosing which of three new products to make (A, B or C) and has calculated likely pay offs under three possible scenarios (1, II or III), giving the following pay off tables (loss is shown using parentheses) Scenario Product A Product B Product C I $20 $80 $10 II 40 70 100 III 50 (7'0) 40 Which product should be chosen if the company uses the maximax rule A Product A B Product B C Product C D Any product 13 A company manufactures a chemical using two components (i e , mixed two materials), A and B The standard information for one unit of the chemical are as follows Material A 10 kg at $4 per kg $40 Material B 20 kg at $6 per kg $120 $160 in total In a particular month, 160 units of the chemical were produced, using 1,000 kgs of material A and 1,460 kgs of material B What is the total material yield variance for this particular month ( F for favorable and UP for unfavorable variance) A $360 F B $6,150 F C $12,480 F D $12,840 F 14 Which of the following is a reason why top managers want lower level managers to participate in the budgeting process A To reduce the time and cost expended in the budgeting process B To ensure that lower level managers do not introduce any budgetary slack C To benet from lower level managers' experience with the day to day aspect of running the business D To ensure that the budgets are administered rigidly given the changing market conditions", "question_description": "
\"image<\/div><\/div><\/div><\/figure> 12. A company is choosing which of three new products to make (A, B or C) and has calculated likely pay-offs under three possible scenarios (1, II or III), giving the following pay-off tables (loss is shown using parentheses): Scenario Product A Product B Product C I $20 $80 $10 II 40 70 100 III 50 (7'0) 40 Which product should be chosen if the company uses the maximax rule? A. Product A. B. Product B. C. Product C. D. Any product. 13. A company manufactures a chemical using two components (i.e., mixed two materials), A and B. The standard information for one unit of the chemical are as follows: Material A 10 kg at $4 per kg $40 Material B 20 kg at $6 per kg $120 $160 in total In a particular month, 160 units of the chemical were produced, using 1,000 kgs of material A and 1,460 kgs of material B. What is the total material yield variance for this particular month? (\\\"F \\\" for favorable and \\\"UP\\\" for unfavorable variance) A. $360 F B. $6,150 F C. $12,480 F D. $12,840 F 14. Which of the following is a reason why top managers want lower-level managers to participate in the budgeting process? A. To reduce the time and cost expended in the budgeting process. B. To ensure that lower-level managers do not introduce any budgetary slack. C. To benet from lower-level managers' experience with the day-to-day aspect of running the business. D. To ensure that the budgets are administered rigidly given the changing market conditions", "transcribed_text": "", "related_book": { "title": "Principles Of Finance", "isbn": "979-8439388899", "edition": "1st Edition", "authors": "Julie Dahlquist, Rainford Knight", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6290aa2348f9a_11251.jpg", "uri": "\/textbooks\/principles-of-finance-1st-edition-9798439388899", "see_more_uri": "" }, "free_related_book": { "isbn": "1264436297", "uri": "\/textbooks\/5-steps-to-a-ap-computer-science-principles-2023-2023-edition-9781264436293-9781264436613", "name": "5 Steps To A AP Computer Science Principles 2023", "edition": "2023\u00a0Edition" }, "question_posted": "2024-06-29 02:09:03", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-yield-of-the-nuclear-reaction-c13-d-n-n14-transitional", "description": "The yield of the nuclear reaction C13 (d, n) N14 has maximum magnitudes at the following values of kinetic energy Ti of bombarding deuterons: 0.60, 0.90, 1.55, and 1.80 MeV. 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