Lie around furniture manufactures two products: futons and recliners. the following data are available:
futons recliners
sales price $550 $740
variable costs $380 $375

the company can manufacture 4 futons per machine hour and 2 recliner per machine hour. the company's production capacity is 12,600 machine hours per month.
to maximize profits, what product and how many units should the company produce in a month?
a. 25,200 futons and 8 recliners
b. 50,400 futons and 25,200 recliners
c. 50,400 futons
d. 25,200 recliners

You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?