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arlik [135]
3 years ago
13

1. The field of management science a. concentrates on the use of quantitative methods to assist in decision making. b. approache

s decision making rationally, with techniques based on the scientific method. c. is another name for decision science and for operations research. d. each of these choices are true.
Business
1 answer:
motikmotik3 years ago
5 0

Answer:

d. each of these choices are true.

Explanation:

The field of management science refers to the study of various problem solving and decision-making technique for the organization that is strongly tied to the management and other subjects like economics, engineering, etc

The organization is able to accomplish its goals and objectives by applying different scientific methods. It only deals with qualitative methods. Plus it required research also

hence, the correct option is d.

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Settings Suppose an economy experiences technological progress and this causes a shift in the LRAS curve. Which of the following
vlada-n [284]

Answer:

C) There will be an increase in government purchases as the economy has more income.

Explanation:

The long run aggregate supply (LRAS) curve includes the output of an economy when all the factors of production are being used at full capacity. The position of the LRAS curve depends on the number of​ workers, the amount of​ capital, and the available technology.

Every time an economy (or even a company) experiences a significant technological progress, its productivity increases, increasing the total output.

7 0
3 years ago
Before prorating the manufacturing overhead costs at the end of 2020, the Cost of Goods Sold and Finished Goods Inventory accoun
stiks02 [169]

Answer:

COGS will decrease by 2,597 dollars as will decrease by the proration of the factory overhead

Explanation:

we do cross mutiplication to solve for the COGS and FG based on actual overhead

           <em>  applied                actual</em>

<em>COGS</em>     57,500               54,903     *A

<em>FG</em>      <u>    20,000   </u>          <u>   19,067  </u>   *B

<em>Total</em>       77, 500               74,000

*A)   57,500 x  74,000/77,500 = 54,903

*B)   20,000 x 74,000/77,500 =  19,097

Decrease in COGS 57,500 - 54,903 = 2,597

3 0
3 years ago
Murphy company has three departments, and uses a multiple predetermined overhead rate system. Department A manufactures parts in
oksano4ka [1.4K]

Answer:

1. Department A  (manufactures parts in a highly automated process): Machine hours

2. Department B  (assembles the parts by hand): Direct labor hours

3. Department C (places completed units in a heat chamber to sterilize the before they are shipped out): Batches

Explanation:

Machine hours is used to measure factory overhead as against the goods produced. This method is usually applied in production environment using machine, and where the most activities are done by machines.  On the other hand direct labor is used when the production of goods and services is done by human hands, and not machines. While Machine hours is the appropriate overhead allocation rate for Department A, Direct Labor hours will be appropriate for Department B. Hence Batches will be appropriate for Department C.

4 0
3 years ago
Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $420 and has a unit contributi
sergey [27]

Answer:

the  firm's contribution margin per composite unit is $8,775

Explanation:

The computation of the firm's contribution margin per composite unit is given below:

= $165 × 5 + $510 × 9 + $560 × 6

= $825 + $4,590 + $3,360

= $8,775

Hence, the  firm's contribution margin per composite unit is $8,775

Therefore the same is to be considered and relevant

7 0
3 years ago
For a recent year L’Oreal reported operating profit of €3,385 (in millions) for its Cosmetics division. Total assets were €12,88
aivan3 [116]

Answer:

The correct answer is 26.05%.

Explanation:

According to the scenario, the given data are as follows:

Beginning Assets = 12,888 ( million)

Ending Assets = 13,099 (million)

Operating profit = 3,385 (million)

So, Average Assets for the year = (12,888 + 13,099) ÷ 2 = 12,993.5 (million)

So, we can calculate the return on investment by using following formula:

Return on investment = Operating profit ÷ Average assets for the year

By putting the value, we get

Return on investment = 3,385 ÷ 12,993.5 (million)

= 0.2605 or 26.05%

8 0
3 years ago
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