Student name: Ihtishaam Ali Date submitted: 3/1/15 Chapter: 11 Chapter Review Questions Questions are at the end of each chapter under the “For Review” heading 1. Consideration is an essential element in the formation of any contract not by deed. To be valid the consideration must be real and genuine 2. Promises to make gifts for charitable or educational purposes are often enforced‚ despite absence of consideration. 3. No 4. It must be for a reasonable period‚ not excessive in duration
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Project Management‚ 2e (Pinto) Chapter 11 Critical Chain Project Scheduling 11.1 True/False 1) Once the organization elevates its constraint‚ its system has no constraint. Answer: FALSE Diff: 2 Section: 11.1 The Theory of Constraints and Critical Chain Project Scheduling Skill: Definition AACSB Tag: Reflective 2) An organization’s budget estimating process routinely misses the actual cost of a project by 25%. For the most recent project‚ the budget variance was a ridiculous 23%‚ but this
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SYS702 PROBLEM SOLVING FORMALISMS FOR INFORMATION TECHNOLOGY LECTURE 1: UNDERSTANDING IT WITHIN THE CONTEXT OF SYSTEMS Systems Science Perspective IT and Problem Solving Socio-technical Systems SYS702 Jan-Apr2011 Prepare by Nor Laila Md Noor 2 LEARNING OUTCOMES • Upon completion of this topic‚ students will be able to: • Demonstrate a good understanding of the systems science perspective in contrast with the computer science perspective. • Demonstrate a good understanding
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Chapter 11 Practice Test Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Why were changes to manufacturing needed in the mid-1700s? a. Factory owners were not satisfied with the size of their profits. b. Demand was greater than the available supply of goods. c. Workers were not satisfied with the level of their daily wages. d. Traders faced higher shipping prices for smaller amounts of goods. ____ 2. Which small‚ inexpensive
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years)=Inventory/Flow rate 0.666667 Inventory Turns 1.5 Part B Per-Unit Inventory Cost Percentage 16.66667 Per-Unit Inventory Cost (in $) 166.6667 Applying Little’s Law to Financials allows us to see how efficient organization is. In this particular problem we’re concerned with the process so that the average inflow ( going into the process ) and the average outflow (coming out of the process). How long does it take for a dollar to get through the entire process how many dollars are sitting in inventory
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Chapter 11 Mini Case‚ Q1-4 ONLY‚ pgs. 353-354 1. Compute the yield to maturity and the after-tax cost of debt for the two bond issues. Bond 1 | | Maturity | 12 | Coupone | 3‚5% | Par | 1000 | Flotation | 0 | PV | 1031 | Before tax | 3‚19% | After tax cost of Bond | 2‚10% | Bond 2 | | Maturity | 32 | Coupone | 4‚0% | Par | 1000 | Flotation | 0 | PV | 1035 | Before tax | 3‚8% | After tax cost of Bond | 2‚5% | 2. Compute BioCom’s cost of preferred stock
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beginning to another long day. Lucy got dressed‚ ate breakfast and rushed off to school. She rushes into the classroom just before the bell rings. Four long classes later‚ the bell rings and Lucy rushes to her soccer practice‚ thinking about all the work she has to do when she gets home. Practice soon ends and Lucy gets home exhausted but knowing that she has lots of work to do. An AP United States History test‚ an English essay‚ and math homework. After hours of long‚ hard work Lucy collapses at midnight
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11 Service Department and Joint Cost Allocation Solutions to Review Questions 1. Companies allocate costs to estimate or assess the costs of their activities (products‚ processes‚ etc.). It is an estimate and subject to the problem that cost allocation contains an arbitrary element. Not allocating costs‚ however‚ is also an estimate—an estimate of zero. This may be appropriate for some decisions‚ but not for others. Some of the disadvantages (costs) include: (1) Additional
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Violence in High Schools Columbine High School‚ April 20‚ 1999 was the scene of a massacre‚ but in wake of this massacre America experienced an epiphany. Tragically‚ this was not the last we would here about crimes of a similar nature to this one. From 1996 to 2000 an unprecedented slew of violence occurred. There were twelve incidents which received national coverage and left many millions more questioning what happened‚ what went wrong‚ where did this come from. This clearly marked the social
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Chapter 11 Student: ___________________________________________________________________________ 1. As coca-cola faced problems in the late 1990s‚ Douglas Daft changed strategies and focussed on ____________? A. price B. quantity C. quality D. tailoring strategy to meet local needs E. centralizing firm decisions in Atlanta 2. Profit can be defined as: A. costs minus profits B. the difference between time and money C. quantity times profit D. sales plus costs E. the difference between TR and TC
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