A forecast is typically more accurate for:

• A.far out in the future rather than nearer time periods
• B.physical units rather than monetary units
• C.daily rather than monthly periods of time
• D.groups of items rather than for individual items

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Which one of the following tools that cannot be used to evaluate feasibility of a strategy?

• A.Resource deployment analysis
• B.None of these
• C.Cash flow analysis and forecasting
• D.Break-Even analysis

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The annual cost and effort expended in orders placed, not on the quantity ordered.

• A.Purchase order cost
• B.Set-up control
• C.Capacity control
• D.Production control

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If the cost of direct material is 60%, direct labor is 10%,and overhead is 25%of sales. How much to give the same increase in profit? (Remember overhead cost is constant)

• A.13%
• B.18%
• C.17%
• D.19%

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With reference to the above example; considering 116 cases produced during the period what is the ending inventory for each period?

• A.106 cases
• B.102 cases
• C.107 cases
• D.110 cases

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