Suppose the Belgian government prohibits sale of cigarettes to people below 20 years of age. Who are likely to comprise the qualified available market for Dunhill, a manufacturer of herbal cigarettes in Belgium?
What will be an ideal response?
Eligible adults (i.e., people above 20 years of age), who have interest and affordability constitute the qualified available market for the cigarettes in Belgium.
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A profit center is
a) referred to as a loss center when operations do not meet the company's objectives. b) a responsibility center that always reports a profit. c) evaluated by the rate of return earned on the investment allocated to the center. d) a responsibility center that incurs costs and generates revenues.
A production line is to be designed to make 500 El-More dolls per day. Each doll requires 11 activities totaling 16 minutes of work. The factory operates 750 minutes per day. What is the required cycle time for this assembly line?
A) 0.5 minutes B) 1.5 minutes C) 2 minutes D) 5,500 minutes E) 4.26 minutes