Parts and Materials for the Skis Made by the Downhill

question 75

Multiple Choice

Parts and Materials for the skis made by the Downhill Adventures Company are supplied by two suppliers. Supplier A's materials make up 30% of what is used, with supplier B providing the rest. Past records indicate that 15% of supplier A's materials are defective and 10% of B's are defective. Since it is impossible to tell which supplier the materials came from once they are in inventory, the manager wants to know which supplier most likely supplied the defective materials the foreman has brought to his attention. Provide the manager this information.

• A) Supplier A
• B) Supplier B
• C) Both are equally likely
• D) Cannot be determined from this information

Recognize and differentiate the purpose and application of different review and control questions related to improvement before and after completing a task or project.

Understand the significance of organizational culture, norms, and practices in the management of control systems (e.g., clan control).

Understand the basics and applications of project management tools, such as Gantt charts and CPM/PERT diagrams.

Comprehend the function and utility of financial ratios in business, including profitability, liquidity, and leverage ratios.

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Definitions:

Sales Territories

Divisions within a business's market or geographical area where specific sales responsibilities and targets are assigned to sales representatives or teams.

Location

The particular place or position where something occurs or is situated.

Market-Based Groupings

A method of organizing market segments or categories based on shared characteristics, preferences, or behaviors of the consumer groups.

Customer Segments

The division of a market into distinct groups of buyers based on different needs, characteristics, or behaviors.