Scenario 16.3 - AITP's Revenge

question 24

Multiple Choice

Scenario 16.3 - AITP's Revenge
The student chapter of the Association of Information Technology Professionals (AITP) notices the success that the APICS student chapter has with their traditional barbecue sauce fundraiser.Blinded by their jealousy,the club officers decide to sell a competing product,clocks made out of junk computer parts that the club sponsor whips up in his garage.Club officers set up a card table in the atrium of the business building and take turns staffing it for the duration of the computer clock season,which is four months.Twenty-five years of experience have revealed that demand varies depending on the month of the season.Customer demand in the first month can be described as 20-p1,in the second month as 20-1.4p2,in the third month 20-1.8p3,and in the fourth month 20-2.2p4.
-The components needed to produce a computer clock cost twenty-five cents.How many clocks should the AITP club produce?

• A)39
• B)47
• C)55
• D)63

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Definitions:

Renewable Feedstocks

are materials that are continually replenished naturally and can be used repeatedly to manufacture products, reducing reliance on non-renewable resources.

Pharmaceutical Industry

This sector is involved in the research, development, production, and marketing of medications and therapeutic drugs.

Inputs to Outputs

The process of transforming resources or inputs (such as labor, capital, and materials) into products or services (outputs) in a production system.

R&D

Research and Development; activities undertaken by companies to innovate and develop new products or services.