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QUESTION 3 The next 4 questions refer to the following situation: In the provided blank, insert the letter that corresponds to the correct answer. For
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The next questions refer to the following situation:
In the provided blank, insert the letter that corresponds to the correct answer. For example, if the correct answer is a insert only a as the correct answer.
I What is the crossover point for these two processes? The letter associated with the correct answer is
A units
B units
C units
D units
E None of the above
II Which process offers the lowest cost to produce units, what is the minimum possible cost? The letter associated with the correct answer is
A For a volume of units, the process focus is cheaper and the minimum cost is $
B For volume of units, the repetitive process is cheaper and the minimum cost is $
C For a volume of units, the process focus is cheaper and the minimum cost is $
D For volume of units, the repetitive process is cheaper and the minimum cost is $
E None of the above
III If the company forecast an annual demand of units and the price of the product is $ each, the maximum possible profit is equal to: The letter associated with the correct answer is
A $
B $
C $
D $
E None of the above
IV If the company forecast an annual demand of units and the price of the product is $ each, the maximum possible profit is equal to: The letter associated with the correct answer is
A $
B $
C $
D $
E None of the above
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