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The Point Has Been Reached Where a Biotechnology Research and Development

question 53

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The point has been reached where a biotechnology research and development company must expand by building a new facility. The search has been narrowed to four locations, all of which are acceptable to management. The assessment of these sites is being made on the basis of the six subjective location factors that follow. Management has agreed to use a five-point scale (Excellent = 5, Very good = 4, Good = 3, Fair = 2, Poor = 1) to quantify and compare their subjective opinions about the relative goodness of the sites. The weight reflects the importance of each factor in the decision. The point has been reached where a biotechnology research and development company must expand by building a new facility. The search has been narrowed to four locations, all of which are acceptable to management. The assessment of these sites is being made on the basis of the six subjective location factors that follow. Management has agreed to use a five-point scale (Excellent = 5, Very good = 4, Good = 3, Fair = 2, Poor = 1)  to quantify and compare their subjective opinions about the relative goodness of the sites. The weight reflects the importance of each factor in the decision.   Calculate the weighted score for each alternative. Which location would you recommend? A)  A B)  B C)  C D)  D
Calculate the weighted score for each alternative. Which location would you recommend?

Understand the mechanisms behind personality trait changes and interventions for promoting such changes.
Identify factors contributing to personality changes in adulthood.
Recognize methods for developing self-control and managing stress.
Understand the importance of goal shifts and environmental factors in personality change.

Definitions:

Fixed Manufacturing Overhead

The portion of total manufacturing overhead costs that does not vary with the level of production or output.

Budget Variance

The difference between budgeted and actual figures for revenues or costs, indicating the degree of control over business operations.

Budget Variance

The difference between the budgeted amounts and the actual amounts spent or received.

Fixed Overhead Volume Variance

The difference between the budgeted and actual quantity of units produced, multiplied by the fixed overhead rate per unit.

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