Which One of the Following Statements About Costs of Aggregate

question 27

Multiple Choice

Which one of the following statements about costs of aggregate plans is best?

• A) Overtime wages are typically 50 percent of regular time, exclusive of fringe benefits.
• B) The cost of capital is not generally included in the inventory holding cost.
• C) Fringe benefits, which are a part of regular-time costs, do not typically include health insurance and paid vacations.
• D) Hiring costs include the costs of advertising jobs, interviews, training programs for new employees, and initial paperwork.

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Definitions:

Specific Number

An exact quantity or value, often mentioned to denote precision or to highlight importance within a particular context.

Randomly Varying

Characterized by changes that do not follow a predictable pattern and occur in a random manner.

Reinforcement

In behaviorism, a consequence that increases the likelihood of a behavior being repeated.

Fixed-ratio

A schedule of reinforcement where a response is only rewarded after a specified number of responses, leading to high and steady response rates.