The Efficient Printing Press Company Has Been Purchasing All of Its

question 95

Multiple Choice

The Efficient Printing Press Company has been purchasing all of its small machined shafts and gears from a machine shop for about $130,000 annually.If Efficient buys two lathes,a drill press,and a milling machine,it could produce these parts itself.The equipment,materials,and two machinists would cost the company $450,000 over five years,a savings of $200,000.Should Efficient pursue this option?

• A)Yes,but only if this is the best use of the company's resources and the money cannot be used to increase profit even more with another project.
• B)Yes,because it is cheaper to make rather than to buy.
• C)No,because the savings are not large enough to justify the change.
• D)No,because it is cheaper to buy these parts than make them.

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Definitions:

Least Restrictive Treatment Setting

A principle in mental health care advocating for the minimal necessary constraints on personal freedom to achieve effective treatment.

Mental Institution

A facility for the treatment, care, and rehabilitation of individuals with mental health conditions, historically known as psychiatric hospitals.

Not Guilty by Reason of Insanity

A legal defense where the defendant is considered not responsible for their crime due to mental illness, rendering them incapable of understanding the nature or wrongness of their actions.

Incompetent to Stand Trial

A legal determination that a defendant is unable to comprehend the nature and objective of the proceedings against them or participate in their own defense due to mental illness or incapacity.