Data for a Factory -
What Is the TA Ratio for Product D

question 35

Multiple Choice

Data for a factory
$\begin{array}{ll}\text { Total factory cost } & £ 10,000 \\\text { Total time au ailable on key resource (hours) } & 2,500 \\\text { Contribution per unit product A } & £ 34.00 \\\text { Contribution per unit product B } & £ 30.00 \\\text { Contribution per unit product C } & £ 22.00 \\\text { Contribution per unit product D } & £ 20.00 \\\text { Hours required product A } & 12.0 \\\text { Hours required product B } & 6.0 \\\text { Hours required product C } & 6.0 \\\text { Hours required product D } & 8.0\end{array}$

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What is the TA ratio for product D

• A)£0.625
• B)£0.917
• C)£1.250
• D)£0.708

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Definitions:

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, suggesting that there is a significant effect or difference.

Test Statistic

A value calculated from sample data during hypothesis testing. It is used to determine whether to reject the null hypothesis.

Alternative Hypothesis

In hypothesis testing, the hypothesis that contradicts the null hypothesis, indicating there is an effect or a difference.

Test Statistic

An outcome obtained from samples in a hypothesis experiment, crucial in deciding if the null hypothesis should be dismissed.