question 23
Multiple Choice
Use the data given below to answer the following question(s) .
Following is an extract from the Cost per Order Database of Grogtes LLC. Item Category Nuts Screws Nuts Screwdriver Nuts Screws Nuts Nuts Nuts Screws Nuts Screws Screws Nuts Nails Bolts Screws Screwdriver Screwdriver Bolts Nuts Bolts Screws Screws Screws Screws Bolts Nuts Screw driver Nuts Screws Nailgun pack Bolts Bolts Bolts Nails Nuts Screw driver Screws Nuts Screws Item ID N101 S101 N102 SD 101 N102 S102 N101 N102 N101 S103 N102 S101 S101 N102 NG101 B101 S103 SD 102 SD 101 B102 N103 B101 S103 S104 S102 S101 B 102 N101 SD 103 N103 S103 NG101 B102 B103 B104 NG102 N103 SD 104 S101 N103 $102 Item Cost $2.44$20.44$5.44$20.44$3.44$5.44$2.44$5.44$2.44$9.44$5.44$2.44$20.44$5.44$125.45$16.44$9.44$9.44$20.44$5.44$1.74$16.44$9.44$15.45$5.44$20.44$5.44$2.44$5.44$1.74$9.44$125.45$5.44$12.94$24.40$275.45$1.74$2.44$20.44$1.74$5.44 Units 9449352655597489315989288034115276314956673458636496595527946154412675561310 Cost per Order $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$229.361,001.56190.40531.44189.20320.96180.56484.1675.64556.96484.1668.321,635.20184.96125.45246.60254.88594.72286.16516.80114.841,200.12424.801,328.7016.32122.64266.56158.60516.8090.48745.76501.80331.84698.761,000.40550.9010.44183.001,144.6422.6254.40
Screws Screws S101 S102 $20.44$5.449327$$1,900.92146.88
-Which of the following will give the value for the third quartile?
Comprehend differential cost and revenue and their importance in evaluating business alternatives.
Analyze the concept of opportunity cost in decision-making processes.
Understand the application of differential analysis in various managerial decisions including product discontinuation and asset replacement.
Evaluate make-or-buy decisions in the context of manufacturing processes.
Definitions:
Legal Tactic
Strategies employed within the legal framework to accomplish specific objectives, often used in negotiations, litigation, or regulatory compliance.
One-on-one Meetings
Private meetings between two individuals, often used for direct communication, feedback, or discussion of specific issues.
Gissel Bargaining Order
A remedy ordered by courts or labor boards requiring an employer to recognize and bargain with a union, typically after unfair labor practices have been committed.
Representation Election
A formal vote by employees to determine whether they wish to be represented by a union in dealings with their employer.