Answer:
Product LN JQ RQ
Ranking 1st 2nd 3rd
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
.</em>
<em>Jordision should rank rank its products using contribution per minute of constraint</em>
<em>Ths is done as follows:</em>
\Product LN JQ RQ
Selling price 161.72 50.32 468.25
Variable cost <u>(118.94) (241.42) (342.92)</u>
Contribution (a) 42.78 108.9 125.33
Minute (b) <u> 2.30 6.60 8.30</u>
Contribution/minute($)a/b 18.6 16.5 15.1
Ranking 1st 2nd 3rd
Answer: a) a commitment to the owner and are standardized.
Explanation:
Futures are generally traded through Exchanges as opposed to Forwards which are not.
Futures are a commitment to the owner to buy or sell an underlying asset and as they are sold at Exchanges, they are standardized to allow for easier trading. The prices that the sellers are to get are certain as the Exchange protects the transaction.
Unlike Forwards that can be tailor made to the specifications of the owner, Futures come as already made and standardized and so are not tailor made. This is to enable as many participants as possible.
This is why option A is correct because Futures contain a commitment to the owner and are standadized as well.
Answer:
The correct answer is (A) fish has a more delicate flavor
Explanation:
From the given information from the question which says that:
You would cut the mirepoix ingredients smaller when making a fish fumet than when making a beef stock because, the fish will have a more delicate flavor.
Answer: option 3
Explanation:
Background to the case:
The cases involving the explosion of Ford Pinto's due to a defective fuel system design led to the debate of many issues, most centering around the use by Ford of a cost-benefit analysis and the ethics surrounding its decision not to upgrade the fuel system based on this analysis.
Basis of analysis:
Should a risk/benefit analysis be used in situations where a defect in manufacturing could lead to seriously bodily harm and even worse death, such as in the Ford Pinto situation?
Rule of the court:
There hasn’t really been a definite decision about the case and arguments both for and against such an analysis have been made. It is an economically efficient method which has been accepted by courts for numerous years, however, juries may not always agree, so companies should take this into account.
Discretion is expected to be used.
Appropriate channels selected is NOT a reason why a new product might fail.
