Serena Is Evaluating Three Different Models of Hair Dryers,Model A,Model

question 64

Multiple Choice

Serena is evaluating three different models of hair dryers,Model A,Model B,and Model C.She assigns belief ratings from 1= very poor to 10= very good and importance ratings from 10= most important to 1=least important.She sets a minimum mental cutoff point of 5 for all the features.According to the conjunctive rule,which of the following is true?

• A) She selects Model A, as all the features surpass 5.
• B) She selects Model B, as it has the highest power efficiency of 10.
• C) She selects Model C, as all the features score lower than the mental cutoff.
• D) She selects Model B, as it scores the highest on the styling criterion which is also the most important criterion.
• E) She selects Model A, as it scores highest on the low price attribute.

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Definitions:

Cost-Volume-Profit Analysis

A management accounting method used to analyze how changes in costs and sales volume affect a company's profit.

Expected Income

This is the amount of revenue or profit an individual or business anticipates earning over a specific period, often used for budgeting and planning purposes.

Fixed Cost

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums, remaining constant regardless of business activity levels.

Production Level

The quantity of items manufactured or produced in a given period, impacting costs, inventory, and capacity planning.