[Q5]: Choose the most suitable answer from the options given. (12Mark) 1. A job with a critical ratio less than 1.0 indicates that the job is: a) c) On schedule Ahead of schedule b) Falling behind schedule e) Requires additional setup time d) Completed on time f) Has a very short processing time 2. In the CR example, what is the implication of a negative critical ratio? b) Job is ahead of schedule. c) Job is significantly behind schedule. a) Job is on schedule. d) Insufficient data to determine. e) Job requires immediate attention g) Job has low priority. 3. What is the first step in applying the SPT rule? a) Calculate the flow time for each job c) Sort jobs by due date, earliest first Determine the total flow time for all jobs d) Sort jobs by processing time, shortest first 4. Which performance indicates the percentage of time a facility is actively processing jobs? a) Average completion time b) Average number of jobs in the system c) Average job lateness d) Utilization e) Total Flow Time f) Total Late Days 5. Which priority sequencing rule processes jobs in the order they arrive? a) (SPT) b) (EDD) c) (CR) e) Average Completion Time f) Total Flow Time g) First Come, First Served Average Number of Jobs 6. A key property of a game in game theory is: a) Infinite number of players. b) Players are unaware of their own strategies. c) The strategies and their effects are unknown to players. d) Games always have a clear winner and loser. f) Each player has a finite number of possible courses of action. 7. A "two-person, zero-sum game" implies: a) There are two players, and the loss of one player is equivalent to the gain of the other b) There are two players, and the sum of their net gains is non-zero. c). Two players are involved, and one player's gain is not necessarily the other's loss. d) It is an infinite game with uncertain outcomes. 8. A mixed strategy in game theory involves: a) Choosing among pure strategies with fixed probabilities. b) The player always choosing the same action. c) A deterministic approach to the game. d) Only using a limited range of available strategies. 9. The graphical method for solving games is applicable to: a) Only 2x2 games. b) Games involving more than two players. c) 2xn and nx2 games. d) Games with only pure strategies. e) Games involving continuous payoffs. 10. What is the primary disadvantage associated with the periodic inventory system? (a) The high cost of continuous inventory monitoring. (b) The inability to identify an EOQ. (c) The potential for increased stock-outs due to infrequent review and lack of real-time inventory information. (d) The inability to accurately forecast future demand for products. 11. The Economic Order Quantity (EOQ) model assumes all of the following EXCEPT: (a) Annual demand is known and remains constant. (c) Each order is received in a single delivery. (e) Only one product is involved in the calculation. (b) Lead time is variable and unpredictable. (d) There are no quantity discounts. 12. Which cost is NOT directly considered in the basic EOQ model? (a) Ordering cost (b) Holding cost (c) Annual demand (d) Order size (e) Shortage cost Page 2 of 3

i just need help with the last three questions (finding ATC) NOT the first three. I asked this question before and Bartelby got it wrong so im hoping for a correct answer now.

EX22

In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of production are materials 10,000 and conversion costs 12.000. (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.) Materials cost per unit %24 Conversion cost per unit %24

I need the answer as soon as possible

(Marginal Analysis). A retailer has determined that the monthly sales of a watch are 150 units when the price is $50, but decrease to 120 units when the price is $60. Assume that the demand is a linear function of the price. (4a) Find the demand as a linear function of the price (4b) Find the revenue R as a function of x (4c) Approximate the change in revenue for a one-unit increase in sales when x = 141

Upgrading an Organization’s ComputersYour organization earns $50 million in annual sales, has 500 employees, andplans to acquire 250 new mobile computers this year along with another 250next year. The goal is to issue every employee a company-owned computer,which they can use at work and at home. The computers will be loaded withantivirus software and productivity software to meet each employee’s business needs. Your organization has decided it will purchase the computersfrom the same manufacturer to obtain a quantity purchase discount. To theextent possible, the goal is to have the same hardware and software foreveryone to simplify the troubleshooting and support of the computers. Thechief financial officer has asked you to lead a project team to define users’computer hardware needs and recommend the most cost-effective solutionfor meeting those needs. Critical Thinking Questions1. Who else (role, department) and how many people would you select to bea member of the team? How would…

Definition of economic costs Manuel lives in Chicago and operates a small company selling drones. On average, he receives $702,000 per year from selling drones. Out of this revenue from sales, he must pay the manufacturer a wholesale cost of $402,000. He also pays several utility companies, as well as his employees wages otaling $279,000. He owns the building that houses his storefront; if he choose to rent it out, he would receive a yearly amount of $8,000 in rent. Assume there is no depreciation in the value of his property over the year. Further, if Manuel does not operate the drone business, he can work as a programmer and earn a yearly salary of $20,000 with no additional monetary costs, and rent out his storefront at the $8,000 per year rate. There are no other costs faced by Manuel in running this drone company. Identify each of Manuel's costs in the following table as either an implicit cost or an explicit cost of selling drones. Implicit Cost Explicit Cost O The wages that…

A recent engineering was given the job of determining the best production rate for a new type of casting in a foundry. After experimenting with many combinations of hourly production rates and total production cost per hour, he summarized his findings in table below (column 2). The engineering then talked to the firm’s marketing specialist, who provided estimates of selling price per casting as a function of production output (see table 1 column 3). There are 8,760 hours in a year. What production rate would you recommend to maximize total profits per year?  a) 100 ; b) 200 ;  c) 300 ;   d) 400 ;  e) 500 show the computation how to solve it.

A recent engineering was given the job of determining the best production rate for a new type of casting in a foundry. After experimenting with many combinations of hourly production rates and total production cost per hour, he summarized his findings in table below (column 2). The engineering then talked to the firm’s marketing specialist, who provided estimates of selling price per casting as a function of production output (see table 1 column 3). There are 8,760 hours in a year. What production rate would you recommend to maximize total profits per year?  a) 100 ; b) 200 ;  c) 300 ;   d) 400 ;  e) 500 Show handwritten solutions.