two (2) reasons why ROI, RI and EVA may be inappropriate measures of performance.

One characteristic of a well-designed service system is that it is cost-free O True False

1. What factors determine the relevance of information to decision making? 2. What are sunk costs, and why are they not relevant in making decisions? 3. What information is relevant in an outsourcing decision?

Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making. Provide at least two examples of situations in which the relevant vs. irrelevant classification is useful

Describe the two ways ROI can be calculated.

Define standard costs and explain how standard cost information is useful formanagement by exception.

The inputs to a model may have different roles. Among the choices, which should be excluded?  Choices:   A.decision variables B.intermediate calculation C.No choice given D.conversion factors E.historical data

Which of the following is not a benefit of using RFID technology: Select one: a. Increasing labour productivity b. Reduction of inventory c. Reduction of shrinkage d. Validation

What are the costs of implementing a quality initiative, and what are the costs of not implementing one.

What advantages are there to breaking down the ROI computation into two separate elements, marginand turnover?