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In which step of the decision - making process are managers most likely to predict future manufacturing labor costs? OA. Step 1: Identify the Problem
In which step of the decision - making process are managers most likely to predict future manufacturing labor costs? OA. Step 1: Identify the Problem and Uncertainties O B. Step 2: Obtain Information. O C. Step 3: Make Predictions About the Future. O D. Step 4: Make Decisions by Choosing Among Alternatives O E. Step 5: Implement Decision, Evaluate Performance, and Learn. Managers use cost estimation to measure a relationship based on data from past costs O True False The manager at Total One manufacturing reported a plant capacity of 225,000 units per month. Unit costs at capacity were reported as follows Direct materials Direct labor Variable overhead Fixed overhead Fixed marketing costs Variable marketing & distribution cost $5.00 7.00 4.50 1.00 7.00 2.75 The current sales were reported as $190,000 at $31.00 per unit. The manager at Quality Manufacturing contacted the manager at Total One Manufacturing about the purchase of 2,200 units at $25 per unit. Current sales would not be affected by the one- time only special order. What is the change in operating profit at Total One Manufacturing if the one-time- only special order is accepted? OA. $12,650 increase OB. $10.100 increase OC. $10,250 decrease OD. $16,500 increase O E. $14,230 decrease In which step of the decision - making process are managers most likely to predict future manufacturing labor costs? OA. Step 1: Identify the Problem and Uncertainties O B. Step 2: Obtain Information. O C. Step 3: Make Predictions About the Future. O D. Step 4: Make Decisions by Choosing Among Alternatives O E. Step 5: Implement Decision, Evaluate Performance, and Learn. is a formal means to distinguish between random and nonrandom variations in an operations process. O A. Stockout cost 0 B. Shrinkage cost C. Statistical quality control (SQC) O D. Static inventory method OE. Carrying cost
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