On the average a firm has 10 weeks of work-in-process and annual cost of goods sold is $15 million. Assuming that, the company works 50 weeks a year. What is the dollar value of the work-in-process?

• A.1,500,000
• B.1,000,500
• C.1,000,000
• D.None of these

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For a particular commodity, the line-haul cost is $2.50 per mile. For a trip of 500 miles and a shipment of 600 cwt., what is the cost of shipping cwt.? If this shipment is increased to 1000 cwt., what is the saving in cost per cwt.?

• A.$ $ 1.27 and $0.90
• B.$ 1.25 and $0.85
• C.$ 1.29 and $0.80
• D.$ 1.25 and $0.83

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A work center has 3 machines and is operated for 8 hours a day and 5 days a week. What is the available time?

• A.80 hours per week
• B.90 hours per week
• C.120 hours per week
• D.100 hours per week

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The movement and storage of finished goods from end of production to the customer is called:

• A.Physical distribution
• B.Physical channel
• C.Physical supply
• D.Physical associate

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What is calculated by taking into account the work center utilization and efficiency?

• A.actual rate of production
• B.resource availability
• C.Rated capacity
• D.None of the above

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