A company makes three products that have the following characteristics:
Product A sells for $75 but needs $50 of materials to produce. It requires 5 minutes on the bottleneck
Product B sells for $90 but needs $60 of materials to produce. It also requires 5 minutes on the bottleneck.
Product C sells for $110 but needs $70 of materials to produce. It requires 10 minutes on the bottleneck.
In what sequence should products be scheduled for production using the bottleneck method?

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.

Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.