QUESTION 18 What is Mean Absolute Percent Error (MAPE) at the end of period 4? a. 40% b.25% 30% C. 15% d QUESTION 19 Jack is evaluating two schedules. Schedule A will complete 16 orders per day with 4 staffs each working for 8 hours a day. The hourly rate per labor is $50. The overhead cost is $400 per day. Schedule B will complete 12 orders per day with 2 staffs each working for 6 hours a day. The hourly rate per labor is $60. The overhead cost is $800 per day. Which of the following statement is not true? a. Schedule B is more productive in terms of multiple factor productivity b. The multiple factor productivity of schedule A is 0.008 orders per dollar The labor productivity of schedule B is 1 orders per labor hour c. d. The labor productivity of schedule A is 0.5 orders per labor hour QUESTION 20 1. In the following table, the fixed and variable costs of three technologies are given. Which of the following statement is not true? Technology Variable Cost Fixed Cost 100 1 10 2 300 5 3 1200 1 a. If production volume is 100, technology 2 is preferred. b. The break-even quantity of technology 1 and 2 is 40. The break-even quantity of technology 1 and 3 is irrelevant in determine which technology to use according to the production volume. d. If production volume is 200, technology 3 is preferred. QUESTION 18 What is Mean Absolute Percent Error (MAPE) at the end of period 4? a. 40% b.25% 30% C. 15% d QUESTION 19 Jack is evaluating two schedules. Schedule A will complete 16 orders per day with 4 staffs each working for 8 hours a day. The hourly rate per labor is $50. The overhead cost is $400 per day. Schedule B will complete 12 orders per day with 2 staffs each working for 6 hours a day. The hourly rate per labor is $60. The overhead cost is $800 per day. Which of the following statement is not true? a. Schedule B is more productive in terms of multiple factor productivity b. The multiple factor productivity of schedule A is 0.008 orders per dollar The labor productivity of schedule B is 1 orders per labor hour c. d. The labor productivity of schedule A is 0.5 orders per labor hour QUESTION 20 1. In the following table, the fixed and variable costs of three technologies are given. Which of the following statement is not true? Technology Variable Cost Fixed Cost 100 1 10 2 300 5 3 1200 1 a. If production volume is 100, technology 2 is preferred. b. The break-even quantity of technology 1 and 2 is 40. The break-even quantity of technology 1 and 3 is irrelevant in determine which technology to use according to the production volume. d. If production volume is 200, technology 3 is preferred