Examlex

Solved

Classic New Orleans Desserts Include Pralines, Pecan Pie and Bananas

question 42

Multiple Choice

Classic New Orleans desserts include pralines, pecan pie and Bananas Foster - all three are absolutely essential to eat on any trip to the city.Chefs may quibble about this ingredient list as there are dozens of variations on each recipe, but these ingredients are common to most formulations.A recipe for a dozen pralines takes a cup of pecans, two cups of brown sugar, a cup of granulated sugar, a half teaspoon of vanilla and a tablespoon of rum.A pecan pie takes two cups of pecans, a cup of brown sugar, a cup of cane syrup, a cup of granulated sugar, a teaspoon of vanilla, and a tablespoon of rum.A recipe for Bananas Foster requires a cup of pecans, a cup of brown sugar, a cup of granulated sugar, a banana, and a tablespoon of rum and makes two servings.Bananas Foster is considered a dessert for two and is priced accordingly at $15.Your pantry has on hand 24 cups of pecans, 40 cups of brown sugar, 12 cups of cane syrup, 20 cups of granulated sugar, 40 teaspoons of vanilla, twelve bananas, and 64 tablespoons of rum.Pralines sell for $22.68 per dozen and a pecan pie costs $22.40.Which of these is an appropriate constraint?

Apply the concept of the lower of cost or net realizable value (NRV) in inventory valuation.
Understand the operational and financial considerations in selecting inventory systems (perpetual or periodic) and costing methods.
Calculate and interpret inventory turnover ratio and understand its implications on business efficiency.
Understand the priority of claims and expenses in the administration of an estate.

Definitions:

E-Commerce

The buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Market Position

A term that describes the standing of a company or its products in a particular market relative to its competitors, often measured by market share.

Growth

The process of increasing in size, quantity, value, or strength, often used in reference to businesses, populations, or economies.

Strategic HR Planning

The process of aligning human resources planning with the overall strategic goals of an organization to ensure a cohesive and effective workforce.

Related Questions