Calculate the Shapley-Shubik Power Index for Each Voter in the Weighted

question 52

Multiple Choice

Calculate the Shapley-Shubik power index for each voter in the weighted voting system [6: 5, 3, 1].

• A) (1, 0, 0)
• B) (2/3, 1/6, 1/6)
• C) (1/3, 1/3, 1/3)
• D) (1/2, 1/2, 0)

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Definitions:

Departmental Overhead Rate

A measure used to allocate overhead costs to individual departments based on certain criteria, like direct labor hours.

Cost Object

Any item for which cost is measured and assigned, such as products, services, or departments.

Plantwide Overhead Rate

A single overhead rate calculated for an entire manufacturing plant, used to allocate overhead costs to products.

Direct Labor Hours

The total hours worked by employees directly involved in the production process, used in calculating cost allocations and efficiency.