Letze Corporation Would Like to Determine the Relative Profitability of the Company's

question 35

Multiple Choice

Letze Corporation would like to determine the relative profitability of the company's products for purposes of making volume trade-off decisions. The company has provided the following data for product I69Y:
What is the profitability index for product I69Y?

• A) $109,120
• B) 0.20
• C) $22.00 per minute
• D) $4.40 per minute

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Definitions:

Utilization Analysis

Utilization analysis is a process used to assess how effectively an organization's workforce is being used in terms of diversity, skills, and capacities, often for compliance with equal employment opportunity requirements.

Affirmative-Action Plan

A strategy aimed at increasing opportunities for historically socio-politically disadvantaged groups in employment, education, and business sectors.

Workforce Composition

The demographic makeup of employees in an organization, including diversity in gender, ethnicity, age, and other factors.

Americans with Disabilities Act

A civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places that are open to the general public.