Reference: 09-14
Crane Company Makes Four Products in a Single

question 26

Multiple Choice

Reference: 09-14
Crane Company makes four products in a single facility. Data concerning these products appear below: $$\begin{array} { | l | l | l | l | l | } \hline & \text { Product } &\\\hline & A & B & C & D \\\hline \text { Selling price per unit } & \$ 35.30 & \$ 30.20 & \$ 20.80 & \$ 26.00 \\\hline \text { Variable manuf. cost per unit } & \$ 16.50 & \$ 15.80 & \$ 7.90 & \$ 8.50 \\\hline \text { Variable selling cost per unit } & \$ 3.80 & \$ 1.60 & \$ 1.90 & \$ 3.30 \\\hline \text { Milling machine minutes per unit } & 3.30 & 1.70 & 2.10 & 2.50 \\\hline \text { Monthly demand in units } & 4,000 & 1,000 & 3,000 & 1,000 \\\hline\end{array}$$ The milling machines are potentially the constraint in the production facility. A total of 22,600 minutes are available per month on these machines.
-How many minutes of milling machine time would be required to satisfy demand for all four products?

• A)18,400 minutes.
• B)23,700 minutes.
• C)9,000 minutes.
• D)22,600 minutes.

Recognize the diagnostic procedures used in neurology and their indications.

Understand the impact of neurological disorders on different bodily systems.

Differentiate between simple and complex reflex actions.

Identify the causes and implications of muscle wasting and bone density loss in neurological conditions.

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Definitions:

Rapid-change Industries

Industries characterized by fast-paced innovation and technological advancements, requiring companies to quickly adapt to maintain competitiveness.

Inventory Holding Costs

encompass all expenses related to storing unsold goods, including warehousing, insurance, depreciation, opportunity cost, and spoilage, significant in inventory management decisions.

Pilferage

The theft of small quantities of goods, typically from an employer or a retail setting, often considered a form of inventory shrinkage.

Scrap

Material that is discarded or deemed as waste during the manufacturing process, often due to defects, excess, or irrelevance to the final product.