Department 3 Has 2500 Hours

question 17

Multiple Choice

Department 3 has 2500 hours. Transfers are allowed to departments 2 and 4, and from departments 1 and 2. If A_i measures the labor hours allocated to department i and T_ij the hours transferred from department i to department j, then

• A)T₁₃ + T₂₃ - T₃₂ -T₃₄ - A₃ = 2500
• B)T₃₁ + T₃₂ - T₂₃ -T₄₃ + A₃ = 2500
• C)A₃ + T₁₃ + T₂₃ -T₃₂ - T₃₄ = 2500
• D)A₃ - T₁₃ - T₂₃ + T₃₂ + T₃₄ = 2500

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Definitions:

Payable

Financial obligations or monies that are due to be paid to creditors or suppliers.

HDC (Holder in Due Course)

A party possessing a negotiable instrument, like a check, who has taken it in good faith and for value, and thus has certain protections.

Negotiable Instrument

A legal document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the transferable right to receive the payment.

Thief

An individual who steals property belonging to another, with the intent to permanently deprive the owner of it.