Resource management can be used to manage critical supply chain processes such as?
Answers
Resource management can be used to manage critical supply chain processes such as production.
Resource management in organizational studies refers to the effective and efficient growth of an organization's resources as needed. Financial resources, inventory, human skills, production resources, information technology, and natural resources are a few examples of such resources.
Planning, scheduling, and allocating people, money, and technology to a project or program are all examples of resource management. In essence, it involves allocating resources to maximize organizational value.
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Related Questions
How is the concept of Affluenza related to leisure in contemporary society?To what extent do the pressures of Affluenza impact your leisure and life satisfaction?
Answers
The concept of Affluenza is related to leisure in contemporary society as it suggests that the pursuit of material wealth and consumption-driven lifestyles can negatively impact individuals' ability to engage in meaningful leisure activities.
The pressures of Affluenza can reduce leisure time and lead to dissatisfaction with leisure experiences.Affluenza refers to the social phenomenon where individuals in affluent societies are increasingly focused on material wealth and possessions, often at the expense of their well-being and quality of life. In the context of leisure, Affluenza suggests that the relentless pursuit of wealth and material possessions can undermine individuals' ability to engage in meaningful leisure activities.The pressures of Affluenza can lead to workaholic tendencies, excessive consumerism, and a constant drive to accumulate more wealth, leaving individuals with limited time and energy for leisure pursuits. Leisure, which should provide opportunities for relaxation, personal growth, and enjoyment, can be compromised as individuals become caught up in the demands of materialistic lifestyles.Moreover, the pressures of Affluenza can impact life satisfaction. Research has shown that excessive focus on materialistic goals and wealth accumulation can lead to decreased well-being, lower life satisfaction, and increased stress levels. As leisure is an integral part of a balanced and fulfilling life, the restrictions imposed by Affluenza can hinder individuals' ability to engage in leisure activities that promote well-being and life satisfaction.In summary, Affluenza and its associated pressures can restrict leisure time and undermine individuals' ability to engage in meaningful leisure activities. The constant pursuit of material wealth can have a negative impact on leisure experiences, leading to reduced life satisfaction and well-being.
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In the end, businesses that use teams tend to have ______. a. Fewer sick leaves b. More profits c. More management d. Fewer products
Answers
Answer:
The answers B More profits
Explanation:
Trust me i just made a 100 in the test
In the end, businesses that use teams tend to have more profit. Thus, option (b) is correct.
What is businesses?The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The term “businesses” refers to the primary goal of generating a profit. The company is taking a risk and profiting from it. The enterprises' functions are focused on the creation, distribution, and sale of concepts. The business was the runs on the basis of the consumer behavior.
As a result, the significance of businesses are the aforementioned. Therefore, option (b) is correct.
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land and a warehouse were acquired for $860,000. what amounts should be recorded in the accounting records for the land and for the warehouse if an appraisal showed the estimated values to be $520,000 for the land and $850,000 for the warehouse? (round intermediate percentage calculations to 1 decimal place.)
Answers
Based on the appraisal values, the land has a fair market value of $520,000 and the warehouse has a fair market value of $850,000. Therefore, the amounts that should be recorded in the accounting records for the land and the warehouse would be:
- Land: $520,000
- Warehouse: $850,000
It is important to note that the acquisition cost of $860,000 is not necessarily the same as the fair market value of the land and warehouse. The acquisition cost may include other costs such as legal fees, survey fees, or site preparation costs. However, in this scenario, the appraisal values provide a reliable estimate of the fair market value of the land and warehouse, and therefore should be used for accounting purposes.
It is also worth noting that if the fair market value of the land or warehouse had been lower than the acquisition cost, a loss on the acquisition would need to be recognized in the accounting records. Conversely, if the fair market value had been higher than the acquisition cost, a gain on the acquisition would need to be recognized. However, in this scenario, the fair market values are lower than the acquisition cost, and therefore no gain or loss needs to be recognized.
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john paints the exterior of his house and, as a result, his neighbor christine is able to sell her home for $5,000 more than she could have before. John's house painting:
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In order for Christine to be able to sell, John provides a favourable externality.
Which positive externality is it?This happens when the usage of a good or its production results in a benefit to a third party. For instance:
You gain a personal benefit when you take education in. But, there are advantages for the rest of society as well. For instance, you can educate others, and as a result, they gain from your education. (A positive externality of consumption)
The benefit to society is higher than your personal advantage when there are positive externalities.
The Social Benefit > Private Benefit as a result of a positive externality Remember Private Benefit + External Benefit Equals Social Benefit
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. In January, Vorst Co. purchased a mineral mine for $2,640,000 with an estimated 1,200,000 of removable ore. After it has extracted all the ore, Vorst will be required by law to restore the land to its original condition at an estimated cost of $180,000. Vorst believes that it would be able to sell the property afterwards for $300,000. During the year, Vorst incurred $360,000 of development costs preparing the mine for production and it removed and sold 60,000 tons of ore. In its year-end income statement, what amount should Vorst report as depletion
Answers
Answer:
$144,000
Explanation:
Calculation to determine what amount should Vorst report as depletion
First step is to calculate the Depletion base using this formula
Depletion base= Purchase price +Development costs+Estimated restoration costs-Expected salvage value
Let plug in the formula
Depletion base=$2,640,000+ $360,000+$180,000-$300,000
Depletion base=$2,880,000
Second step is to calculate the depletion
Depletion= ($2,880,000 / 1,200,000 tons).
Depletion=$2.40 per ton
Now let calculate the Depletion expense
Depletion expense =$2.40 per ton ×60,000 tons sold
Depletion expense=$144,000
Therefore the amount that Vorst should report as depletion is $144,000
PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answers
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
please help me answer these questions
Answers
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.
Using productivity software ensures that the end product will look professional.
Answers
Answer: false
Explanation:
on edge 2021
Answer: The answer is false
Explanation:
props to the other dude, give them brainliest
Video concepts, inc. (vci) manufactures a line of dvd recorders (dvds) that are distributed to large retailers. The line consists of three models of dvds. The following data are available regarding the models: model dvd selling price variable cost demand/year per unit per unit (units) model lx1 $175 $100 2000 model lx2 $250 $125 1000 model lx3 $300 $140 500 vci is considering the addition of a fourth model to its line of dvds. This model would be sold to retailers for $375. The variable cost of this unit is $225. The demand for the new model lx4 is estimated to be 300 units per year, sixty percent of these units sales of the new model is expected to come from other models already being manufactured by vci (10 percent from model lx1, 30 percent from model lx2 and 60 percent from model lx3. Vci will incur a fixed cost of 20,000 to add new model to the line. Based on the data do you think they should add a new model lx4 to the lines or vcr's and if so why?
Answers
Using the contribution margin to calculate the net profit, it would not be profitable for VCR to add the new model LX4 to its line of DVD recorders.
Is there a justification to add a new model lx4 to the lines or vcr's?To determine whether VCI should add the new model LX4 to its line of DVD recorders, we need to calculate the incremental profit from adding the new model and compare it to the fixed cost of $20,000.
First, let's calculate the contribution margin per unit for each of the existing models:
Model LX1: Selling price per unit ($175) - Variable cost per unit ($100) = $75 contribution margin per unitModel LX2: Selling price per unit ($250) - Variable cost per unit ($125) = $125 contribution margin per unitModel LX3: Selling price per unit ($300) - Variable cost per unit ($140) = $160 contribution margin per unitNext, let's calculate the incremental profit from adding the new model LX4:
Selling price per unit ($375) - Variable cost per unit ($225) = $150 contribution margin per unitSales per year (300 units) x Contribution margin per unit ($150) = $45,000 incremental profit from new modelNow let's consider the expected impact on the sales of existing models:
Model LX1: 10% of 300 units = 30 units x Selling price per unit ($175) x Contribution margin per unit ($75) = $52,500 reduction in profitModel LX2: 30% of 300 units = 90 units x Selling price per unit ($250) x Contribution margin per unit ($125) = $11,250 reduction in profitModel LX3: 60% of 300 units = 180 units x Selling price per unit ($300) x Contribution margin per unit ($160) = $28,800 reduction in profitThe total reduction in profit from the existing models is $92,550. However, the incremental profit from the new model is $45,000, so the net profit impact of adding the new model LX4 is:
Net profit impact = Incremental profit - Reduction in profit from existing models
Net profit impact = $45,000 - $92,550
Net profit impact = -$47,550
Since the net profit impact of adding the new model is negative, it would not be profitable for VCR to add the new model LX4 to its line of DVD recorders. The fixed cost of $20,000 to add the new model would only exacerbate the negative impact on VCI's profits. Therefore, VCR should not add the new model to its line.
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Tim has worked for one employer his entire career. while he was working, he participated in the employer's defined contribution plan (traditional 401(k)]. at the end of 2021, tim retires. the balance in his defined contribution plan is $2,000,000 at the end of 2020. a) what is tim's required minimum distribution for 2021 that must be distributed in 2022 if he is 68 years old at the end of 2021? b) what is tim's required minimum required for 2021 if he turns 72 during 2021? when must he receive this distribution? c) what is tim's required minimum distribution for 2021 that must be distributed in 2022 if he turns 75 years old in 2021? d) assuming that tim is 76 years old at the end of 2021 and his marginal tax rate is 32 percent, what amount of his distribution will he have remaining after taxes if he receives only a distribution of $50,000 for 2021? e) complete form 5329, page 2, to report the minimum distribution penalty in part (d). use the most recent form available.
Answers
A) Tim's required minimum distribution for 2021, which must be distributed in 2022 if he turns 68 at the end of 2021, is $72,964.
B) Tim's required minimum distribution for 2021 if he turns 72 in 2021 is $62,964. This distribution must be delivered by the end of 2021.
C) Tim's required minimum distribution for 2021, which must be distributed in 2022 if he turns 75 in 2021, is $63,964.
D) Assuming that Tim will be 76 at the end of 2021 and his marginal tax rate is 32 percent, the amount of his distribution remaining after taxes if he only receives the $50,000 distribution for 2021 is $33,600.
E) Form 5329, page 2, is used to report the minimum distribution penalty. The information provided on the form is important to accurately fill out the form in order to accurately report the correct penalty. It includes information such as the payer's name, address, social security number, name of the retirement plan from which the distribution was taken, the amount of the distribution, and the amount of any penalties due.
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flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
Answers
Answer:
$1,100
Explanation:
flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
1,299 - 199 = 1,100
George walks in and wants to send multiple back to back transactions to the
same person after asking some "Know Your Customer" questions, you find
out the receiver sells homeopathic remedies directly to customers. They're
dirt cheap! The receiver was very thorough with the instructions for sending
the payment information, so George feels confident.
Are there any Red Flags? If so, please select all that apply:
Answers
Answer: The Sender and Receiver don't know each other
Sending money for what sounds like a too good to be true
The purpose of transaction for online goods is questionable
Explanation:
The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.
The sender i.e. Geroge who not even know the receiver that sells the homeopathy remedies online so this could raise a few issues but it is not to be considered very serious for red-flagged:
Since e-commerce arises each and every time that lies between non-known parties online.This is due to the dirt chape that could make it suspicious also they don't know each other so this should be considered red-flagged.
The instructions with regard to the payment do not represent any signal of reliability and truthfulness so might me the receiver is trustworthy and genuine.In the case when the homeopathy remedies do not have the licensing and permissions so it would become questionable.No one could suggest the specific brand of homeopathy as it becomes nonprofessional and non-appropriate, so the last option is not be considered.
Therefore we can conclude that The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.
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Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?
Answers
To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.
Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.
Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.
The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.
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"A review of major newspapers across the United States reveals that "help wanted" advertisement lineage has been decreasing. This is a:"
Answers
Answer: leading indicator showing that economic activity is going to increase
Explanation:
From the question, we are informed that a review of major newspapers across the United States showed that "help wanted" advertisement lineage has been decreasing.
This simply means that there's going to be an increase in the economic activity. This is due to the reduction in "help wanted" as it seems many individuals can now meet their needs. This will have a positive effect on the economy.
the benefits of making all or part of a product in-house seem to be greates when the firm
Answers
Making a product entirely or partially in-house appears to offer the most advantages when highly specialized assets are involved. 33. When a business wants to preserve its exclusive technology, purchasing a product from an outside source is very acceptable.
What is an asset?Assets are any resources that a company or other economic entity owns or has control over in financial accounting. It encompasses everything that has the potential to generate gains in the economy. The ownership value of an asset is represented by its cash-convertible value. People, as opposed to resources, are "things of value that maintain production and growth," which is why I think of them as assets. Resources, on the other hand, are things you just use when you need them. Every organisation depends on its employees. Being a physical object that facilitates getting from point A to point B and having some market worth in case you need to sell it, the car itself is an asset.To learn more about asset, refer to:
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What is the author's main claim or argument?
Pizza is the best
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An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)
-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors
Answers
Answer:
the answer is planning, ensuring, and acting
To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.
Answers
The next items to subtract from net sales in order to compute net income for a merchandiser are Expenses.
What are the expenses for a merchandiser?The expenses for a merchandiser include selling and distribution expenses. Others are administrative expenses, including depreciation for long-term assets, and tax expenses.
Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other expenses.
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How is Earth's magnetic field generated? What evidence do we have that Earth has a magnetic field surrounding the planet?
Answers
Earths magnetic field is generated by the planet's core.
Our evidence is freaking gravity. Without the magnetic field we would all be flying out into space and have no oxygen.
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What type of economic system am I part of?
Answers
I currently live in a country with a mixed-market economic system. My state maintains this industrial structure by offering inhabitants a variety of economic opportunities.
What makes a mixed economy crucial?Private placement is permitted in a communist system, encouraging healthy competition and the prospect of profit. Additionally, it promotes the nationalization of the industrial sector, which might help the government achieve its welfare aims.
Why do we use foreign investment?Actually, the Indian government allocates and makes use of resources by encouraging foreign investment. As a result, it can reduce cyclical variations, prevent gaps, and improve production efficiency. Personal property comes first in the guarantee.
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Julius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product’s reputation, warranty, his own experience with the brand, and of course, the price. All of the components that julius is evaluating make up.
Answers
Julius is evaluating several components when considering buying new bedroom furniture. These components include the types of beds, dressers, and bedside tables he compares, as well as the reputation, warranty, and his own experience with the brand of each product.
Firstly, Julius is comparing different types of beds, dressers, and bedside tables. This means he is looking at the different styles, sizes, and features of each piece of furniture to determine which ones best suit his needs and preferences. In addition to the physical attributes of the furniture, Julius is also taking into account the reputation of each product.
This means he is considering the brand's history of quality and customer satisfaction. Positive reviews and recommendations from others can influence his decision. Furthermore, Julius is evaluating the warranty offered by each product. A warranty provides assurance that the furniture is protected against defects or damage, and it can give Julius peace of mind knowing that he will be covered in case any issues arise.
Julius is also considering his own experience with the brand. If he has had positive experiences with a particular brand in the past, he may be more inclined to trust and choose their furniture. Lastly, price is an important factor for Julius. He is considering the cost of each piece of furniture and comparing it to his budget. Price can play a significant role in his decision-making process.
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According to Say's Law, people: Group of answer choices supply goods in order to accumulate profits. supply goods in order to obtain other goods. demand goods in order to maximize their welfare. demand goods so they can supply them to others.
Answers
According to Say's Law, people supply goods in order to obtain other goods. The production and supply of goods create the means for individuals to demand and acquire goods that they desire or need.
According to Say's Law, people supply goods in order to obtain other goods. This concept, put forth by French economist Jean-Baptiste Say in the early 19th century, suggests that production and supply of goods generate their own demand. Here's a step-by-step explanation of the idea:
1. Say's Law starts with the premise that individuals engage in production to satisfy their own needs and desires, as well as to acquire goods they desire.
2. By producing goods or providing services, individuals contribute to the overall supply of goods in the economy.
3. As people engage in production and earn income from their efforts, they create the means to demand and acquire other goods in the market.
4. The act of supplying goods or services creates income, which in turn allows individuals to participate in the market and demand goods that they desire or need.
5. Thus, the production and supply of goods by one individual or group enable them to obtain the goods produced by others in the market.
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According to Say's Law, people:
Group of answer choices
supply goods in order to accumulate profits.
supply goods in order to obtain other goods.
demand goods in order to maximize their welfare.
demand goods so they can supply them to others.
What is another phrase for "stockholder equity"?
O retained earnings
O earnings re-invested
common or preferred stock
O a company's net worth
Answers
Answer:
a company's net worth
Explanation:
how does analytical skills help to solve problems
Answers
Answer:
■ how does analytical skills help to solve problems
➢ Analytical skills
The ability to examine information or a situation in detail in order to identify key or important elements, their strengths and weaknesses and use these to compile a persuasive argument, make recommendations or solve a problem.
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On July 1, 2020, Ivanhoe Co. pays $13,860 to Shamrock Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Ivanhoe Co., journalize the entry on July 1 and the adjusting entry on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)
Account Titles and Explanation Debit Credit Date
Answers
On July 1, 2020, Ivanhoe Co. would record the payment of $13,860 to Shamrock Insurance Co. as follows: Debit Prepaid Insurance $13,860 and Credit Cash $13,860.
On December 31, 2020, Ivanhoe Co. would make an adjusting entry to recognize the portion of the insurance that has expired. They would Debit Insurance Expense $4,620 and Credit Prepaid Insurance $4,620.
On July 1, 2020, Ivanhoe Co. paid $13,860 to Shamrock Insurance Co. for a 3-year insurance policy. The journal entry for this transaction would involve debiting the Prepaid Insurance account and crediting the Cash account with $13,860. This initial entry reflects the exchange of cash for the prepaid insurance policy.
On December 31, Ivanhoe Co. needs to make an adjusting entry to recognize the portion of the insurance policy that has been used up or expired. Since the policy covers a period of 3 years, the adjustment should be made at the end of each fiscal year. To record this adjustment, the Prepaid Insurance account is debited and the Insurance Expense account is credited with the portion of the policy that has been used or expired during the current fiscal year.
In summary, the initial journal entry on July 1 involves debiting Prepaid Insurance and crediting Cash, reflecting the payment for a 3-year insurance policy. The adjusting entry on December 31 involves debiting Prepaid Insurance and crediting Insurance Expense, recognizing the portion of the policy that has been used or expired during the fiscal year. These entries ensure the proper recognition of the insurance expense over the period covered by the policy.
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deals with the challenges that a company
faces in the ever-changing business
environment
Answers
Answer:
Strategy.
Explanation:
Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.
Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.
Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.
Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.
Which of the following is not one of the objectives a bootstrap marketing plan should accomplish?
A)Determine customer needs and wants through market research.
B)Determine how the company will be able to serve all customers.
C)Analyze the firm's competitive advantages and build a marketing strategy around them.
D)Create a marketing mix that meets customer needs and wants.
Correct Answer:
Answers
B) Determine how the company will be able to serve all customers.
This objective is not typically part of a bootstrap marketing plan. It is unrealistic to expect that a small or new company can serve all customers, especially when it is first starting out and has limited resources.
Instead, a bootstrap marketing plan focuses on identifying a specific target market and tailoring the marketing mix to meet the needs and wants of that market. The other objectives listed (A, C, and D) are common objectives of a bootstrap marketing plan.
A business plan is a written document that outlines a company's goals, strategies, and potential challenges. It typically includes information about the company's industry, target market, competition, financial projections, and management team.
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the highlighted structure contributes to which autonomic function? inferior view of the brain. the highlighted structure is the most inferior bunch of yellow colored tissue arising between an oblong structure situated in the middle of the brain and a large structure, each half of which embraces the roundish structure.the highlighted structure contributes to which autonomic function? stimulation of secretions of the submandibular and sublingual salivary glands
Answers
Stimulation of secretions of the submandibular and sublingual salivary glands.
What triggers the secretion of salivary glands?The parasympathetic nerves and neuropeptides like substance P play a major role in the mechanism of salivary gland secretion, which also includes adrenergic signaling by sympathetic nerves. A mixed serous and mucous discharge is produced by submaxillary (mandibular) glands. The saliva that sublingual glands produce has a mucous composition in the majority of cases.
How can you increase salivation?Increase your fluid intake by regularly sipping on cold water or an unsweetened beverage. Chew sugar-free gum or suck on sugar-free candies to encourage saliva production in your mouth. Sucking on an ice cube will wet your mouth as it slowly melts.
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Please help in this question asap
Answers
Answer:
All of these
Explanation:
do I need to explain lol?? :]
a constant year index is used to convert a constant price-dollar (cp$) cost estimate to a then year obligation
Answers
A constant year index is used to convert a constant price-dollar (cp$) cost estimate to a then year obligation . This statement is false.
A constant price-dollar (CPD) cost estimate is a type of cost estimate that is adjusted for inflation to represent the cost of goods and services in a specific base year. A constant year index (CYI) is used to convert a then year obligation (TYO) cost estimate to a CPD estimate.
The TYO cost estimate represents the cost of goods and services in the year that they will be acquired, while the CPD estimate represents the cost of those same goods and services in a specific base year.
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Full Question: A constant year index is used to convert a constant price-dollar (cp$) cost estimate to a then year obligation True / false .