The Following Data Are Available Relating to the Performance of Long

question 59

Multiple Choice

The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio: $$\begin{array} { | l | l | l | } \hline & \text { Long Horn } & \text { Market Portfolio } \\\hline \text { Average Return } & 19 \% & 12 \% \\\hline \text { Standard Deviation of Returns } & 35 \% & 15 \% \\\hline \text { Beta } & 1.5 & 1.0 \\\hline \text { Residual standard deviation } & 3.0 \% & 0.0 \% \\\hline\end{array}$$ The risk-free return during the sample period was 6%.
-Calculate the Jensen measure of performance evaluation for Long Horn Stock Fund.

• A)1.33%
• B)4.00%
• C)8.67%
• D)31.43%
• E)37.14%

Comprehend the principles and significance of Six Sigma in achieving production accuracy.

Recognize the impact of technology on company productivity.

Identify different types of production systems and their applications.

Understand the relationship between output per labor hour ratio and operational efficiency.

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Definitions:

Direct Labor-Hours (DLH)

The total hours worked by employees who are directly involved in the production process of goods or services.

Activity-Based Costing

A method of accounting that assigns costs to products or services based on the resources they consume.

General Factory

Refers to all aspects and activities of a manufacturing site, including production, maintenance, and administrative areas.

Product T8

A specific product or model identified by the code T8, representing a unique offering by a company.