CMA Study Group

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  • 1.  CMA Pop Quiz - Q&A 233

    Posted 05-25-2018 03:38 PM
    Are you preparing for the CMA exam? Take our CMA Pop Quiz! 

    A manufacturing firm plans to bid on a special order of 80 units that will be manufactured in lots of 10 units each. The production manager estimates that the direct labor hours per unit will decline by a constant percentage each time the cumulative quantity of units produced doubles. The quantitative technique used to capture this phenomenon and estimate the direct labor hours required for the special order is 

    a. cost-profit-volume analysis.
    b. the Markov process.
    c. linear programming analysis. 
    d. learning curve analysis.

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    Morgan Del Rio
    Marketing and Social Media Manager
    IMA
    morgan.delrio@...
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  • 2.  RE: CMA Pop Quiz - Q&A 233

    Posted 05-25-2018 05:09 PM
    How did you do on our CMA Pop Quiz? 

    Solution: D

    Learning curve analysis utilizes the cumulative average-time learning model. The cumulative average-time per unit declines by a constant percentage each time the cumulative quantity of units produced doubles. 





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    Morgan Del Rio
    Marketing and Social Media Manager
    IMA
    morgan.delrio@...
    ------------------------------