Lens Care Inc

question 5

Multiple Choice

Lens Care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two models - one mainly used for fine eyewear (F-32) and another for lenses used in binoculars, cameras, and similar equipment (B-13) .
The manufacturing cost of each unit is calculated using activity-based costing, using the following manufacturing cost pools:
The market price for B-13 and F-32 are reduced to $1,695 and $1,095 respectively. To achieve the target cost, Lens Care plans to reduce materials handling costs. How many parts must be removed from B-13 in order to achieve the target cost for B-13 (round up to whole units) ?

• A) 15
• B) 46
• C) 34
• D) 25
• E) 53

Recognize the significant debate between nature and nurture and their combined influence on development.

Identify methods and perspectives used by developmental psychologists to study growth and change.

Understand age-specific developmental stages and types of changes, including global, qualitative, and quantitative changes.

Appreciate the implications of psychological theories and perspectives for real-world applications, including social policies.

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Definitions:

Competitive Bidding

A procurement process where suppliers submit their bids to win a contract, based on price and/or other criteria.

Vertical Integration

Developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.

JIT Partnerships

Just-In-Time partnerships; close collaborations between suppliers and companies to ensure timely delivery of parts, minimizing inventory.

Unnecessary Activities

Tasks or processes that do not add value or contribute positively to the end goal, often considered wasteful.