Explain the theory of constraints
Question: In your own words, explain the 'Theory of Constraints'. As part of your answer, be sure to mention the basic assumptions underlying it, strengths of the method, and the weaknesses of the method.
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Using the net realizable value method of allocating joint production costs, how much of the $5,000,000 cost of the oil will be allocated to the gasoline refine
When 2-butene reacts with hydrogen chloride gas, only one product is detected, whereas when 1-butene reacts similarly, two products are usually found.
Explain why dichloroethene has a boiling point of 60 degrees C while trans-dichloroethene has a boiling point of 48 degrees C.
What is goal incongruence? How can using the metric "return on investment" for performance evaluation lead to goal incongruence?
Question: In your own words, explain the 'Theory of Constraints'.
The sales revenues from A are $200,000 of the total. Using the net realizable method, assign costs to A and B for January.
You react an unknown alcohol with acetic anhydride in a condenser. (The temperature of the alcohol solution drops with the addition of acetic anhydride).
A high-boiling bp = 202 - 204 degrees C, burns with a yellow, sooty flame. Sodium fusion indicates that halogens, nitrogen and sulfur are not present.
Problem: A critic of cost allocation noted, "you can avoid arbitrary cost allocations by not allocating any costs." Please explain.
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