Data for a Factory -
__________________ Involves Calculating the Effect of Other Possibilities

question 41

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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__________________ involves calculating the effect of other possibilities

• A)Kaizen costing
• B)Sensitivity analysis
• C)Feasible region
• D)Shadow price

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Definitions:

Divide-And-Conquer

An algorithm design paradigm based on recursively breaking down a problem into two or more sub-problems of the same or related type until these become simple enough to be solved directly.

Design Approach

A design approach refers to the strategy or methodology applied during the problem-solving and planning phase of developing software, systems, or products, focusing on meeting specific goals and requirements.

Smaller Problems

A concept in programming and algorithm design that involves breaking a problem down into more manageable sub-problems.

Local Variables

Variables that are declared inside a function or block and are accessible only within that function or block.