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How many products does the company have to sell to achieve break-even point?
Company A sells a product for $100. The total unit variable costs are $60. Fixed costs as in its ac-count are $20,000. How many products does the company have to sell to achieve break-even point?A . 600B . 550C . 400D . 500View AnswerAnswer: D Explanation: Break even point =...
Which internal stakeholders may help Angelica estimate the breakdown of costs?
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive...
Is the procurement manager’s opinion correct?
A procurement manager is writing a conformance specification for a non-core component. She thinks that if the requirements in specification are higher than ISO standards, her company can achieve greater cost-savings. Is the procurement manager’s opinion correct?A . No, because higher specification may incur additional costs for the buyerB ....
Which of the following might be the consequences of under-specification? Select TWO that apply:
Which of the following might be the consequences of under-specification? Select TWO that apply:A . Few suppliers can supply the full range of featuresB . Additional cost to reworkC . Unfit products or servicesD . Poor competition between suppliersE . Higher cost due to inessential featuresView AnswerAnswer: B, C Explanation:...
Which of the following elements should be included in the business case?
A CPO is making a business case for acquiring a new computer system. He has set out objective, generated options, cost and benefit of each option and implementation plan. Which of the following elements should be included in the business case?A . Risk assessmentB . Operation managementC . Invitation to...
Which of the following problems may be identified as open-ended problems? Select TWO that apply:
Which of the following problems may be identified as open-ended problems? Select TWO that apply:A . Shortage of key medicines in healthcare industryB . A cyber attack takes down whole company’s IT systemC . Engine failures cause flight cancellations.D . Logistics costs incur a large portion in wholesale pricesE ....
What is the document that defines the activities, deliverables and timelines a supplier must carry out during contract performance?
What is the document that defines the activities, deliverables and timelines a supplier must carry out during contract performance?A . Statement of workB . Project initial documentC . Framework agreementD . Work instructionView AnswerAnswer: A Explanation: Statement of Work (SoW) is the document that captures and defines all aspects of...
When procuring an IT equipment, at which stage the buyer’s expectations are translated into a technical specification?
When procuring an IT equipment, at which stage the buyer’s expectations are translated into a technical specification?A . InstallationB . DesignC . In-service supportD . Customer supportView AnswerAnswer: B Explanation: IT equipment is typically linked with through-life contracts. This type of contract not only deal with the specification and the...
How many products does the company have to sell to achieve break-even point?
Company A sells a product for $100. The total unit variable costs are $60. Fixed costs as in its ac-count are $20,000. How many products does the company have to sell to achieve break-even point?A . 600B . 550C . 400D . 500View AnswerAnswer: D Explanation: Break even point =...
How many products does the company have to sell to achieve break-even point?
Company A sells a product for $100. The total unit variable costs are $60. Fixed costs as in its ac-count are $20,000. How many products does the company have to sell to achieve break-even point?A . 600B . 550C . 400D . 500View AnswerAnswer: D Explanation: Break even point =...
