Last month a company produced 1000 items/10,000 person hours and this month they produced 1000 items/9,000 person hours. Dividing the productivity savings between company and employees is an example of

Which of the following is a capital budgeting method that ignores the time value of money?

A) payback B) internal rate of return C) return on assets D) net present value

If Xab = the production of product a in period b, then to indicate that the limit on production of the company's 3 products in period 2 is 400, we write:

A) X32 ? 400. B) X21 + X22 + X23 ? 400. C) X12 + X22 + X32 ? 400. D) X12 + X22 + X32 ? 400.