In Calculating Product Costs for a Value Stream with Multiple

question 98

Multiple Choice

In calculating product costs for a value stream with multiple products, average product costs are a good estimate of individual product costs if

• A)the products are similar and consume resources in approximately the same proportion.
• B)the product mix is relatively stable.
• C)the products are homogenous.
• D)all of the above.

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Definitions:

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer, used to modify behavior.

Approving Nod

A gesture made by moving the head up and down to signify agreement or approval.

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A beverage served chilled, often refreshing and consumed to quench thirst or provide relief from heat.

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Methods or treatments used to reduce the intensity of pain experienced by an individual.