The plant operates one shift per day with a production capacity of 100 units.However, customer demand fluctuates between 80 and 130 units per day, with equal likelihood for each value. To meet demand, the plant can adjust production levels but incurs a cost of $10 per unit produced.
To avoid excessive inventory costs, the plant can carry over up to 20 units from one day to the next, incurring a carrying cost of $5 per unit per day.
The plant manager aims to determine the optimal production level that minimizes total costs. This decision involves balancing production costs, potential inventory costs, and fluctuating customer demand to find the most cost-effective production quantity.
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Complete question
"In a manufacturing plant, the production capacity is 100 units per shift, and the plant operates one shift per day. However, due to fluctuations in the customer's assembly operations, the demand for the manufactured product fluctuates and is historically between 80 and 130 units per day, with each order being for one day's demand. Assume that the demand follows a uniform distribution within this range. What is the probability that the plant will be able to meet the daily demand with its production capacity?"
what items account for the largest percentage of the nanual federal budge? why are entitlements and interest on the nationa debt consdiered modatroy spending
This makes these items mandatory spending, as they cannot be easily reduced or eliminated without significant policy changes.
The largest percentage of the annual federal budget is usually allocated to entitlement programs and interest on the national debt.
Entitlement programs, such as Social Security, Medicare, and Medicaid, account for the largest portion of the budget because they provide essential benefits and services to a significant number of citizens. These programs are designed to support individuals in various stages of life, including retirees, low-income families, and people with disabilities.
Interest on the national debt is another major component of the federal budget. The U.S. government borrows money to finance its operations, and it must pay interest on that debt as it comes due.
Both entitlements and interest on the national debt are considered mandatory spending because they are legally required to be funded. The government must fulfill its obligations to provide these benefits and services, as well as pay the interest on its debt, regardless of the overall budget situation. This makes these items mandatory spending, as they cannot be easily reduced or eliminated without significant policy changes.
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Consumer education increases the likelihood of a product purchase true or false
you own building g and building t. the next cash flow for each building is expected in 1 year. building g has a cost of capital of 11.40 percent and is expected to produce annual cash flows of $402,601.00 forever. building t is worth $4,267,586.00 and is expected to produce annual cash flows of $348,137.00 forever. which assertion is true?
The second assertion "Building G has the higher present value of the two buildings" is true. Hence, the correct answer is option B.
In this question, we are given the details of two buildings namely building G and building T. The next cash flow for each building is expected in 1 year. Building G has a cost of capital of 11.40% and is expected to produce annual cash flows of $402,601.00 forever. Building T is worth $4,267,586.00 and is expected to produce annual cash flows of $348,137.00 forever.
We need to find out which of the following assertion is true.
As the given buildings have different cash flows, the value of each building can be calculated using the following formula:
Value of Building = Annual Cash Flow / Cost of Capital
Let's find the value of building G: Value of Building
G = Annual Cash Flow of Building G / Cost of Capital of Building
G= $402,601.00 / 0.114 = $3,526,404.39
Let's find the value of building T:
Value of Building T = Annual Cash Flow of Building T / Cost of Capital of Building
T= $348,137.00 / 0.114 = $3,050,645.61
Now, we can compare the values of both buildings to find out which assertion is true. The two assertions are:1. Building T has the lower present value of the two buildings.2. Building G has the higher present value of the two buildings.
Comparing the two values of buildings, we get:Value of Building G ($3,526,404.39) > Value of Building T ($3,050,645.61). So, the second assertion "Building G has the higher present value of the two buildings" is true. Hence, the correct answer is option B.
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The three general objectives of advertising are to select, target, and promote.
a. True
b. False
The given statement is False.The three general objectives of advertising are to inform, persuade, and remind.
The more widely accepted view is that the three general objectives of advertising are to inform, persuade, and remind.
Informative advertising aims to provide information about a product or service to consumers, with the goal of educating them about its features, benefits, and uses.
Persuasive advertising aims to persuade consumers to take a specific action, such as making a purchase or trying a new product.
Reminder advertising aims to keep a product or brand top-of-mind for consumers, with the goal of encouraging repeat purchases or reinforcing brand loyalty.
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In the classical model with fixed income, a reduction in the government budget deficit will lead to a?
In the classical model with fixed income, a reduction in the government budget deficit will lead to a lower real interest rate.
What is the effect of reduction in the government budget deficit ?A budget deficit can be described as the term that is been used to described the situation whereby government spending is greater than tax revenues.
It should be noted that the Reduction in the deficit can be gotten as a result of the tax increases as well as the cuts in government spending , and sometimes a a period of GDP growth that can be seen to result to rise in direct as well as indirect tax revenues, hence In the classical model with fixed income, a reduction in the government budget deficit will lead to a lower real interest rate.
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Which of the following are automatically withheld from paychecks?
When a company hires you, you will fill out a _________ form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck.
When a company hires you, you will fill out a W4 form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck
What is a tax?A tax simply means a compulsory levy that's paid by the people and companies to the government.
In this case, when a company hires you, you will fill out a W4 form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck.
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please helps, its urgent
The part of his email declining the invitation to the correct section.
buffer - It was an honor to be invited to the opening of your new retail store.
reason - My current project requires me to leave town for a while.
bad news - I sincerely regret not being present on this occasion.
closing- I am sure that we'll have an opportunity to work together in the future.
What is Email?An email stands for electronic mail which is used as a method of communication in an official setting in the administrative environment to exchange any message.
The given email indicates a decline of an invitation in a positive manner to make the sender feel positive and does not show the arrogance of the receiver of the invitation.
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What is the relationship between the production of vegetables and sale?
Answer:
The relationship between the production of vegetables and sale is the main difference between sales and production is that you must produce a product before you can sell it. Sales in a business are closely correlated to the marketing or sales effort of a business, whereas production is closely related to the manufacturing process.
I hope it help you,
God blessed youwhich of the following statements about take home pay is false?; which of the following statements about take home pay is true?; which of the following is an example of a tax you must pay?; what is one way to begin saving startup capital?; which of the following statement is true about variable expenses?; which of the following statements about startup capital is false?; which of the following is true about income?; in a balanced budget, the amount you ______ is ______ the amount you earn.
in a balanced budget, the amount you save is less than the amount you earn. A balanced budget (i.e., a financial plan) is one in which revenues and expenditures are equal and there is neither a surplus nor a deficit.
A budget that is balanced (especially one for a government) has revenues that are equal to expenditures. As a result, there is neither a budget deficit nor a surplus (the accounts "balance"). In a broader sense, it refers to a budget that has no fiscal deficit but might have a surplus. A budget that runs a surplus in boom years and a deficit in lean years and eventually balances out over time is said to be cyclically balanced. This means that it is not necessarily balanced year to year. Academic economics and politics disagree on the subject of balanced budgets and the related issue of budget deficits. Some economists contend that switching from a budget deficit to a balanced budget lowers interest rates, boosts investment, reduces trade deficits, and promotes quicker long-term economic growth. Other economists, particularly those who adhere to Modern Monetary Theory (MMT), downplay the necessity of balanced budgets in nations with the authority to print their own money and contend that government expenditure encourages private sector savings, innovation, and productivity.
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A summary budget, one that contains the combined information of the flexible and operating budgets and is compiled
annually for the consideration of upper management, is called a____
-master
-operating
-industry standard
-start up
-accounting
Answer:
master
Explanation:
A master budget is an integration of all other functional budgets such as sales, purchases, marketing, and production. It is prepared when all the other budgets have been completed. The master budget is a summary budget that indicates the planned activities of the business for the coming period.
Master budgets have to be approved by the top management before implementation. A Master Budget shows the projected operating profit of the company for the coming financial period. It also portrays how the balance sheet will be at the close of the period.
Use the data from the GDP graph to complete each sentence.
Between 2007 and 2008, market growth ________.
Between 2008 and 2009, the GDP _______.
In 2008, GDP nearly reached_______.
Answer:
increased
decreased
50,000
Explanation:
Answer:
increased
decreased
50,000
Explanation:
harvey hotels has provided a defined benefit pension plan for its employees for several years. at the end of the most recent year, the following information was available with regard to the plan: service cost: $7.0 million, expected return on plan assets: $2.0 million, actual return on plan assets: $1.8 million, interest cost: $2.2 million, payments to retired employees: $2.8 million, and amortization of prior service cost (created when the pension plan was amended causing a drop in the projected benefit obligation): $1.9 million. what amount should harvey hotels report as pension expense in its income statement for the year?
Harvey hotels has provided a defined benefit pension plan for its employees for several years. What amount should Harvey hotels report as pension expense in its income statement for the year?The service cost is the expense related to the present year's benefits, which is $7.0 million.
The expected return on plan assets is the income received by the pension plan on the money it has invested in the plan, which is $2.0 million.The actual return on plan assets is the income actually received by the pension plan on the money it has invested in the plan, which is $1.8 million.The interest cost is the expense that arises due to the interest accrued on the pension liability during the year, which is $2.2 million.Payments to retired employees are the actual payments made to the retired employees during the year, which is $2.8 million.The amortization of prior service cost created when the pension plan was amended causing a drop in the projected benefit obligation is $1.9 million.Pension expense for the year equals the total expenses minus the expected income. Here, we calculate the pension expense by the following method:Pension expense = service cost + interest cost – expected return on plan assets + amortization of prior service cost +/- gain or loss Total expense = 7 + 2.2 + 1.9 = $11.1 million Expected income = 2.0 million Hence,Pension expense = 7 + 2.2 – 2 + 1.9 = $9.1 million Therefore, the pension expense that Harvey Hotels should report in its income statement for the year is $9.1 million.
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Refer to the table below containing the market demand schedule for canoes. Price ($ per canoe) $400 300 200 100 Quantity Demanded (canoes per month) 400 800 1,200 1,600 a. Draw a graph showing the demand curve D. Plot only the endpoints of the curve, 2 points in total, in the graph below. Demand for Canoes 0 500 Tools 400 Demand 300 Price ($ per canoe) 200 100 0 200 600 400 800 1004 200/400 600 802000 Quantity (canoes per month) at a b. What is sellers' total revenue at each price? At a price of $400 total revenue is $[ It is $ | at a price of $300, $ at a price of $200, and $ price of $100 c. On the basis of your answers to parts (a) and (b), how would you describe the elasticity of the market demand curve for canoes? Demand is (Click to select from prices $400 to $300 (Click to select from prices $300 to $200, and (Click to select from prices $200 to $100. d. What is the numerical value of the coefficient of the price elasticity of demand, ed. In the three relevant price ranges? Do not round your interim calculations before obtaining the final solution (e. do not clear your calkulator. In each case, express the number to two decimal places and do not include a positive or negative sign de 167 not-17 or +1667). From prices $400 to $300 ed is from prices $300 to $200 it is and from prices $200 to $100 it is e. Are your answers to parts (c) and (d) for the three relevant price ranges consistent? (Click to select) y). because demand in part (c) is elastic when the coefficient in part (d) as (Click to select) ly than 1 and demand is inelastic when the coefficient is [(Click to select) than 1 1 The numerical value of the slope of this demand curve is Remember to enter a minus in if applicable Does a demand curve with a constant slope have a constant numerical price elasticity? (Click to select) because the value of the price elasticity of demand (Click to select) in different price ranges
a). The price goes on the vertical axis (y-axis), and the quantity demanded goes on the horizontal axis (x-axis).
b). At a price of $100, the total revenue is $160,000.
c). The total revenue decreases from $240,000 to $160,000.
d). The numerical value of the coefficient of the price elasticity of demand is -4.
e). The numerical value of the slope of this demand curve is -4.
a. To draw the demand curve, we need to plot the points provided in the table. The price goes on the vertical axis (y-axis), and the quantity demanded goes on the horizontal axis (x-axis).
b. To calculate the sellers' total revenue at each price, we need to multiply the price by the quantity demanded.
- At a price of $400, the total revenue is 400 x 400 = $160,000.
- At a price of $300, the total revenue is 300 x 800 = $240,000.
- At a price of $200, the total revenue is 200 x 1,200 = $240,000.
- At a price of $100, the total revenue is 100 x 1,600 = $160,000.
c. Based on the answers in parts (a) and (b), we can describe the elasticity of the market demand curve for canoes.
- From prices $400 to $300, the demand is inelastic because the price decreases by $100 but the total revenue increases from $160,000 to $240,000.
- From prices $300 to $200, the demand is unit elastic because the price decreases by $100 and the total revenue remains constant at $240,000.
- From prices $200 to $100, the demand is elastic because the price decreases by $100 and the total revenue decreases from $240,000 to $160,000.
d. To find the numerical value of the coefficient of the price elasticity of demand (ed), we need to use the formula:
ed = (% change in quantity demanded) / (% change in price)
- From prices $400 to $300, ed is (800 - 400) / (300 - 400)
= 400 / -100
= -4.
- From prices $300 to $200, ed is (1200 - 800) / (200 - 300)
= 400 / -100
= -4.
- From prices $200 to $100, ed is (1600 - 1200) / (100 - 200)
= 400 / -100
= -4.
e. The answers in parts (c) and (d) for the three relevant price ranges are consistent because the demand is inelastic when the coefficient is greater than 1, and the demand is elastic when the coefficient is less than 1. In this case, the coefficient is -4 for all three ranges, indicating elastic demand.
The numerical value of the slope of this demand curve is -4.
No, a demand curve with a constant slope does not have a constant numerical price elasticity. The price elasticity of demand varies in different price ranges.
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A list of the knowledge, skills, and other qualities a person must possess in
order to qualify for a job is called a
A. human resource plan
B. job description
C. résumé
O D. job specification
Answer:
Job description
Explanation:
Just did it
A list of the knowledge, skills, and other qualities a person must possess in order to qualify for a job is called a job description. The correct option is B.
What are good job descriptions?A clear and attractive job description is a sign of a good one. Make your ads easy to read because job seekers may search for open positions on their phones. Lists with bullets are simpler to read than paragraphs with a narrative structure. Additionally, well-structured sections aid in separating responsibilities from prerequisites and necessary from desirable skills.
The tasks, duties, functions, and responsibilities of a position are described in a job description, which is a helpful document written in simple language. It specifies who is responsible for carrying out a particular type of work, how it is to be done, how frequently it is to be carried out, and how it relates to the mission and objectives of the organization.
Thus, the ideal selection is option B.
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lash Freeze Frozen Foods is expected to pay annual dividends of $1.34 and $1.45 at the end of the next two years, respectively. After that, the company expects to pay a constant dividend of $1.50 a share. What is the value of this stock at a required return of 15.1 percent
The value of the stock is approximately $21.74.
To find the value of the stock at a required return of 15.1 percent, we can use the dividend discount model (DDM) formula. The DDM formula is:
Value of Stock = Dividend / (Required Return - Dividend Growth Rate)
In this case, the required return is 15.1 percent. The dividend growth rate can be calculated using the annual dividend payments. Since the company is expected to pay a constant dividend of $1.50 a share after the next two years, the growth rate will be zero for those years.
For the first two years, the dividends are $1.34 and $1.45, respectively. To calculate the growth rate, we can use the formula:
Dividend Growth Rate = (Dividend at Year 2 - Dividend at Year 1) / Dividend at Year 1
Dividend Growth Rate = ($1.45 - $1.34) / $1.34
Dividend Growth Rate = 0.082
Now, we can substitute the values into the DDM formula:
Value of Stock = $1.50 / (0.151 - 0.082)
Value of Stock = $1.50 / 0.069
Value of Stock ≈ $21.74
Therefore, at a required return of 15.1 percent, the value of the stock is approximately $21.74.
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explain the method of bookkeeping ?
Explain the technique of making bamboo based handicrafts with an example.
Answer:
Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.
Explanation:
Example: •Bamboo furniture
•Bamboo toys
•Bamboo wind chimes
•Bamboo lamps and lanterns
•Bamboo placements and coasters
The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.
What is the process of making bamboo handicrafts?The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.
The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.
A stool is a seat for a single person without any backrest.
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These are the cost and revenue functions for a line of 24-pound bags of dog food sold by a large distributor: r(x) = -31.72x2 2,030x c(x) = -126.96x 26,391 the maximum profit of $ can be made when the selling price of the dog food is set to $ per bag.
When the dog food is sold at $ 34 per bag, the maximum profit of $ 10277.32 can be realized.
What is revenue?Revenue is a measure of how much money a business makes through selling products or services. Finance experts utilize revenue, often known as income, to calculate profitability. Income can be found on numerous financial statements.
Revenue calculation is quite easy for simple business types. However, it is more challenging to estimate income accurately the more complicated the firm.
Profit = Revenue - Cost
P(x) = R(x) -C(x)
P(x) = \(-31.72x^2 + 2,030x - (-126.96x + 26,391)\)
Spread the negative sign out.
= \(-31.72x^2 + 2,030x+126.96x - 26,391\)
Conjoin similar terms
= \(-31.72 x^2 + 2156.96 x - 26391\)
A parabola exists here. It is pointing down. At the vertex, profits are highest ( where the max is)
vertex = \(h=\frac{-b}{2a} \\h=\frac{-(2156.96)}{2(-31.72)} \\h=\frac{-2156.96}{-63.44} \\h=34\)
P(x) at x=34 is evaluated to calculate the profit.
P(34) = \(-31.72 (34)^2 + 2156.96 (34) - 26391\)
= -36668.32+73336.64 - 26391
= 10277.32
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All of the following statements are true concerning the importance of human resource management EXCEPT whichone?
A. The importance of HRM is true for both U.S. and international companies.
B. An understanding of HRM should be solely the domain of people who work in the HR department.
C. HRM is a significant source of competitive advantage.
D. The way an organization treats their people can significantly impact organizational performance.
E. People-oriented HRM creates superior shareholder value.
The statement that is NOT true concerning the importance of human resource management (HRM) is option B: "An understanding of HRM should be solely the domain of people who work in the HR department." Option B
HRM is a crucial aspect of organizational management that extends beyond the HR department and involves the entire organization. It is not limited to HR professionals but should be understood and embraced by all members of the organization. Here's an explanation of the other statements:
A. The importance of HRM is true for both U.S. and international companies:
HRM is essential for organizations worldwide, regardless of their location or size. Managing human resources effectively is vital for attracting, developing, and retaining talent, regardless of geographical boundaries.
C. HRM is a significant source of competitive advantage:
HRM plays a critical role in creating and sustaining a competitive advantage for organizations. By effectively managing human capital, organizations can align their workforce with strategic objectives, cultivate a positive work culture, foster employee engagement, and develop a high-performing workforce.
D. The way an organization treats their people can significantly impact organizational performance:
How an organization treats its employees has a direct impact on organizational performance. Organizations that prioritize employee well-being, provide opportunities for growth and development, foster a positive work environment, and value their employees' contributions tend to have higher levels of employee satisfaction, engagement, and productivity. .
E. People-oriented HRM creates superior shareholder value:
Adopting a people-oriented approach in HRM practices is linked to creating superior shareholder value. When organizations invest in their employees' development, well-being, and engagement, it enhances productivity, innovation, and customer satisfaction.
Option B
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Help Me Please!!!!!!
Answer:
Cell phone Plan/Backpack/Electric bill/Car insurance look like the ones to choose. If you chose rent you would go over budget, same for a car payment.
45+60+10+60=175
230-175=55
you would have 55$ left if you went with these. Don't know if that's what the question wants though...
Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan
Answer:
It is the 529 plan to save money for college.
Explanation:
.
Say that you (or your parents) are purchasing a house for $235,000 and have an excellent credit score. If you pay $1,678.93 at the end of the first month, how much is applied to the principal balance?
Secured Unsecured
Credit APR (%) APR (%)
Excellent 4.75 5.50
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$616.29
$685.25
$721.19
$748.72
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$180.22
$133.88
$124.78
$141.93
Answer:
the answer should be 748.72
Explanation:
How education is medium to enhance the ability of human beings?
Which of these company figureheads is not a real person? chef boyardee juan valdez colonel sanders duncan hines.
Answer:
The correct answer is Juan Valdez
Juan Valdez of these company figureheads is not a real person. Thus, option B is correct.
What is a company?A company is a legal body created by a group of people to conduct and manage a multinational corporation, whether it be commercial or economic.
Juan Valdez is a fictional character. In the New York metropolitan area premises of a promotional agency, he established in 1959. A significant marketing effort to showcase Colombian beans as a particular device and indicator of distinction was led by Juan Valdez.
A phantom director is a responsibility of the deck membership who represents non-board members by acting and voting on their account. Anybody who holds a leadership role in the company but possesses little actual power. Therefore, option B is the correct option.
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When drawing a portrait, you want to make sure that the face you are drawing is _____________ (the right size).
Answer:
The right size
Explanation:
How can a company hide 2000$ of debts in a double entry journal accounting….. using debits and credits
Paul's Programming Services paid $100 dividends. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Credit Cash; debit Common stock. Debit Dividends; credit Cash. Debit Cash; credit Dividends expense. Credit Cash; debit Retained earnings.
Answer:debit dividends; credit cash
Explanation:
In T-accounts, the transaction is recorded as debit Dividends; credit Cash. Option (b) is correct.
What are T accounts?A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account.
A corporation's payout of profits to its shareholders is known as a dividend. A corporation that experiences a profit or surplus is able to distribute a portion of that profit to its shareholders in the form of a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital. therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.
Therefore, Option (b) is correct.
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The use of both rail and trucks for transporting goods is called ______. A) trainshipping. B) fishybacking. C) piggybacking. D) airtrucking. E) autoracking.
The use of both rail and trucks for transporting goods is called piggybacking. The correct option is C.
What is piggybacking?
The term used to describe the practice of using both rail and trucks for transporting goods is called piggybacking. Piggybacking refers to the transportation of goods where truck trailers or containers are carried on railcars. This method allows for efficient intermodal transportation, utilizing the strengths of both rail and trucking systems.
In piggybacking, the goods are initially loaded onto truck trailers or containers, which are then placed onto railcars. The rail system is used for long-distance haulage, where trains can cover large distances more efficiently. Once the goods reach their destination rail terminal, the trailers or containers are transferred back to trucks for the final delivery to the intended locations.
Piggybacking offers several advantages, including reduced transportation costs, improved efficiency, and decreased congestion on highways. It allows for the integration of different modes of transportation, leveraging the strengths of each to optimize the overall logistics process.
Therefore, the correct term for using both rail and trucks for transporting goods is piggybacking. The correct option is C.
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a convenience store owner is contemplating putting a large neon sign over his store. It would cost 50000 but is
Answer:
$24,000
Explanation:
It would cost $50,000, but is expected to bring an additional $24,000 of profit to the store every year for five years.
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