Hannah Perez Keeps Track of Day-To-Day Operational Data to Make

question 25

Multiple Choice

Hannah Perez keeps track of day-to-day operational data to make sure her employer has enough cash to run the business.She will determine if and when the company she works for should open a second distribution centre.Perez is which of the following type of manager?

• A) accounting
• B) financial
• C) operations
• D) analysis

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Definitions:

Average Total Cost

The total cost of production divided by the number of units produced, encompassing both fixed and variable costs.

Total Variable Costs

The sum of expenses that vary directly with the level of production or sales volume.

Marginal Cost

The amount of money needed to create an additional unit of a product or service.

Average Total Costs

The total costs of production (fixed and variable) divided by the quantity of output produced.