Question 6
For a company that does not have any production resource limitations, what would be the correct sequence for budget preparation?


Question 7
Which of the following are examples of feedforward control?
Select ALL that apply.
Select ALL that apply.
Question 8
A company uses limiting factor analysis to identify its optimal production plan. All of the company's products are manufactured in house and cannot be bought in.
What objective is assumed with limited factor analysis?
What objective is assumed with limited factor analysis?
Question 9
Find the weighted average contribution per unit using the following information:


Question 10
A company is forecasting its revenue for May and has established that sales will be either high, medium or low. The expected value of sales revenue for May has been calculated as $160,000. The following table includes data which relate to the potential sales in May.
Revenue Probability Expected Value
High $250,000 0.2 C
Medium A 0.5 D
Low $100,000 B $30,000
Place the figures given in to the spaces marked with the letters A, B, C and D, to complete the above table.

Revenue Probability Expected Value
High $250,000 0.2 C
Medium A 0.5 D
Low $100,000 B $30,000
Place the figures given in to the spaces marked with the letters A, B, C and D, to complete the above table.
