Question

H. The practical worst case performance level is the optimum level of performance that is used...

H. The practical worst case performance level is the optimum level of performance that is used to evaluate the actual performance of the line and it is fixed when the amount of work in process is changed
Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

H. The practical worst case performance level is the optimum level of performance that is used to evaluate the actual performance of the line and it is fixed when the amount of work in process is changed

This sentence is true-

  • Actual performance of the line can be judged against some measurables, which can be lowest limit like practical worst case performance level
  • practical worst case performance level gives a limit to the organisation below which company must not fall down
  • With the change in WIP, practical worst case performance level remains constant because it the lowest a company could perform
  • Hence it is the level which a company never wants to achieve
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following statements concerning performance evaluation tools used in decentralized operations is​ correct? A....
Which of the following statements concerning performance evaluation tools used in decentralized operations is​ correct? A. A​ segment’s return on investment can be calculated by multiplying the​ segment’s sales margin percentage by its capital turnover ratio. B. Segment margin is calculating by subtracting the common fixed costs allocated to a segment from the​ segment’s contribution margin. C. A positive residual income indicates that a​ segment’s return on investment is less than the​ company’s target rate of return. D. Performance reports...
Actual and Predetermined Overhead Rates Raceway Engines, which builds high performance auto engines for race cars,...
Actual and Predetermined Overhead Rates Raceway Engines, which builds high performance auto engines for race cars, started operations on January 1, 2017. During the month, the following events occurred: • Materials costing $7,000 were purchased on account. • Direct materials costing $5,000 were placed in process. • A total of 390 direct labor hours was charged to individual jobs at a rate of $15 per hour. • Overhead costs for the month of January were as follows: Depreciation on building...
Establish the appropriate hypotheses for the following situations: a) A corporation has used a specific manufacturing...
Establish the appropriate hypotheses for the following situations: a) A corporation has used a specific manufacturing process for many months in order to manufacture a specific product. The design and manufacturing engineers have developed a new process. Two controlled experiments were performed, one for each method, in order to compare them. The process will only be changed if there is strong evidence that the proportion of defectives us reduced by 5%. b) You are an engineer in charge of a...
CASE A: THE PLANTATION VACATION HOUSE: The New Performance Management System The Plantation Vacation House’s competitive...
CASE A: THE PLANTATION VACATION HOUSE: The New Performance Management System The Plantation Vacation House’s competitive strategy is “To use superior guest service to differentiate the PVH properties, and to thereby increase the length of stay and return rate of guests, and thus boost revenues and profitability.” HR manager Ali Hassan must now formulate functional policies and activities that support this competitive strategy, by eliciting the required employee behaviors and competencies. Ali knew that the PVH’s performance appraisal system was...
2)Which of the following statements is not true? When a flexible budget is used in a...
2)Which of the following statements is not true? When a flexible budget is used in a performance report, it is prepared for the actual level of units sold. The volume variance for fixed cost will always be zero. The flexible budget variance for fixed costs will always be zero. The flexible budget variance is the comparison of actual results to the flexible budget. 3) Redwood Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y...
Johnson Electrical produces industrial ventilation fans. The company plans to manufacture 69,000 fans evenly over the...
Johnson Electrical produces industrial ventilation fans. The company plans to manufacture 69,000 fans evenly over the next quarter at the following costs: direct material, $1,725,000; direct labor, $276,000; variable production overhead, $472,650; and fixed production overhead, $957,000. The $957,000 amount includes $78,000 of straight-line depreciation and $126,000 of supervisory salaries. Shortly after the conclusion of the quarter’s first month, Johnson reported the following costs:    Direct material $ 487,650 Direct labor 89,300 Variable production overhead 165,000 Depreciation 26,000 Supervisory salaries...
Under what situation are ‘units started’ equal to ‘units completed’ in production? a. when physical units...
Under what situation are ‘units started’ equal to ‘units completed’ in production? a. when physical units equals equivalent units. b. when beginning Work in Process equals ending Work in Process. c. when beginning inventory equals zero. d. when beginning Work in Process equals zero and units started in production equals the total of ending Work in Process and units transferred out. A production cost report shows units and costs. Which one of the following sections is not shown under costs?...
11. In an activity-based costing system, direct materials used would typically be classified as a: A....
11. In an activity-based costing system, direct materials used would typically be classified as a: A. unit -level cost. B. batch-level cost. C. product-sustaining cost. D. facility-level cost. E. matrix-level cost. 12. Which of the following tasks is not normally associated with an activity-based costing system? A. Calculation of pool rates. B. Identification of cost pools. C. Preparation of allocation matrices D. Identification of cost drivers. E. Assignment of cost to products. 13. Which of the following costs changes in...
CASE STUDY ON LEADERSHIP/ Aidensfield hospital currently faces major problems with staff, management, general performance and...
CASE STUDY ON LEADERSHIP/ Aidensfield hospital currently faces major problems with staff, management, general performance and service quality. It is conceivable that these problems are related to the ‘leadership’ styles adapted by those in charge. The senior management have proposed some changes within the organisation to hopefully make improvements but making such decisions requires an in-depth understanding of what is going wrong and why. Leadership as a concept is often considered in isolation when in reality, it is coherent with...
Activity-Based Flexible Budgeting Foy Company has a welding activity and wants to develop a flexible budget...
Activity-Based Flexible Budgeting Foy Company has a welding activity and wants to develop a flexible budget formula for the activity. The following resources are used by the activity: Four welding units, with a lease cost of $14,000 per year per unit Six welding employees each paid a salary of $55,000 per year (A total of 12,000 welding hours are supplied by the six workers.) Welding supplies: $400 per job Welding hours: 4 hours used per job During the year, the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT