Table 8-8 Elegant Settings Manufactures Stainless Steel Cutlery

question 15

Multiple Choice

Table 8-8
$\begin{array}{|c|c|}\hline \begin{array}{c}\text { Quantity } \\\text { (sets) }\end{array} & \begin{array}{c}\text { Long-Run } \\\text { Average Cost }\end{array} \\\hline 100 & \$ 40 \\\hline 200 & 35 \\\hline 300 & 30 \\\hline 400 & 30 \\\hline 500 & 35 \\\hline\end{array}$ Elegant Settings manufactures stainless steel cutlery. Table 8-8 shows the company's cost data.
-Refer to Table 8-8.What is the minimum efficient scale of production?

• A) 100 units
• B) 200 units
• C) 300 units
• D) 400 units

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Definitions:

Resource Calendars

Scheduling tools that display the availability and allocation of resources required for project tasks.

Backward Pass

A technique in project management used to determine the latest start and finish times for project activities, helping to identify the critical path.

Forward Pass

A project management technique used to determine the earliest possible start and finish times for each activity in a project plan.

Master Schedule

A comprehensive plan that includes the timelines, milestones, and resources necessary to complete a project.