Costs That a Manager Can Control Are Called

question 3

Multiple Choice

Costs that a manager can control are called:

• A) Indirect costs
• B) Product costs
• C) Controllable costs
• D) Managed costs

---

Definitions:

Capacity Allocation

The process of distributing available resources or capacity among various operations, processes, or production orders to maximize efficiency and meet demand.

Intermediate Future

A period that lies between the near future and the distant future, often used in the context of forecasting or planning over a few years to a decade.

Perishable Inventory

Items or goods that have a limited lifespan or shelf life, requiring careful inventory management to minimize losses due to spoilage or obsolescence.

Yield Management

A pricing strategy that uses understanding of consumer behavior and market demand to maximize revenue, often used in the airline and hotel industries.