A Company Sells Two Products with Information as Follows

question 64

Multiple Choice

A company sells two products with information as follows:

The products are machine made.Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour.The company has a maximum of 3000 machine hours available per month.The company can sell up to 18,000 units of product A per month,and up to 3000 units of product B for the month.What is the optimum product mix to maximize the company's operating income?

• A)1500 units of A and 36,000 units of B
• B)6000 units of A and 3000 units of B
• C)zero units of A and 3000 units of B
• D)6000 units of A and zero units of B

Understand the implications of altered or forged negotiable instruments and the protections available to holders in due course.

Know the legal responsibilities of accommodation parties and their liability.

Identify the difference between transfer warranties and presentment warranties.

Be aware of the specific rules and rationale behind the impostor rule and fictitious payee rule.

---

Definitions:

Compensation

The complete sum of cash and non-cash compensation given to an employee by an employer in exchange for the work done as requested.

Internal Marketing

The notion that a service organization must focus on its employees, or internal market, before successful programs can be directed at customers.

Customer Experience Management

A business strategy focused on managing and improving the entire customer experience across various touchpoints and interactions.

Public Service Announcement

A message broadcast on television, radio, or online intended to inform the public about a topic of public interest without commercial benefit.