"you have a one-time chance to purchase an item for $5. the item can be sold to customers for $30. after one day, the item has no salvage value because it becomes rotten at the end of the day. it will then cost you $15 to properly dispose of any unsold items. you think you can sell 1,000 units in one day, but you also know that the standard deviation of demand for the item is 50 units. what is the critical ratio? "

On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?

Based on what you learned about time management which of these statements are true