Consider the Estimated Aggregate Demand for a Company's Ski Product

question 11

Multiple Choice

Consider the estimated aggregate demand for a company's ski product line for the upcoming year in the following table.Calculate the number of workers required to meet the production level using level production strategy.The average number of hours required to produce a pair of skis is 8 hours; the number of worker hours per months is 160. $$\begin{array} { | c | c | c | c | } \hline \text { Month } & \begin{array} { c } \text { Demand } \\\text { (in pairs } \\\text { of unit) }\end{array} & \text { Month } & \begin{array} { c } \text { Demand } \\\text { (in pairs } \\\text { of units) }\end{array} \\\hline \text { Jan } & 8,000 & \text { J uly } & 1,000 \\\hline \text { Feb } & 7,000 & \text { Aug } & 1,300 \\\hline \text { Mar } & 6,000 & \text { Sept } & 1,000 \\\hline \text { Apr } & 4,000 & \text { Oct } & 3,000 \\\hline \text { May } & 2,000 & \text { Nov } & 5,700 \\\hline \text { J une } & 2,000 & \text { Dec } & 7,000 \\\hline\end{array}$$

• A)180
• B)100
• C)240
• D)200

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Definitions:

Relative Homogeneity Effect

The tendency to perceive members of an out-group as more similar to each other than members of the in-group, often leading to stereotyping.

Ingroup Members

Individuals who belong to the same group or category as one perceives oneself, often feeling a sense of solidarity and common identity with them.

Outgroup Members

Individuals who are perceived as not belonging to one's own group, often leading to distinction and bias against them.

Accentuation Effect

Overestimation of similarities among people within a category and dissimilarities between people from different categories.