The statement "linear optimization cannot be used on problems having multiple time periods" is False because linear optimization can be used for problems with multiple time periods.
Linear optimization is a mathematical approach for determining the maximum or minimum of a linear function, which is constrained by a set of linear equations or inequalities. Linear optimization is also known as linear programming, and it can be used to solve complex real-world issues, from transportation to finance, to operations planning. Linear optimization is not restricted to any particular time frame.
The procedure can be used to optimize a function over a period of time, such as a week, a month, or even a year. Furthermore, linear optimization can handle both static and dynamic problems.
In summary, linear optimization can be used for problems with multiple time periods, and it is not limited to any particular time frame. As a result, the statement "linear optimization cannot be used on problems having multiple time periods" is incorrect or False.
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is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK) QUESTION 16 In high-context communication, a message can be
1. Ethnocentrism is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups
2. The given statement " In high-context communication, a message can be understood without a great deal of background information" is false.
The inclination or attitude of perceiving one's own cultural or ethnic group as superior to others is referred to as ethnocentrism. It entails judging other cultures, practises, beliefs, and values according on one's own standards and perspectives.
Ethnocentrism frequently results in a biassed and narrow-minded perspective of other cultures, culminating in the exaltation of one's own group while defaming or discriminating against other communities.
A message in high-context communication is strongly reliant on contextual cues, shared experiences, and implicit understanding between members of a specific culture or group.
It presupposes that the message's listeners have a large amount of common background information and cultural knowledge, which is required to accurately grasp the message's intended meaning.
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The following question may be like this:
______is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK)
QUESTION 16 In high-context communication, a message can be understood without a great deal of background information. True False
What is the name of the tab that becomes available after you add and select an image in your PowerPoint presentation?
Home
Insert
Picture
View
Answer: Picture tab
Explanation:
When you insert a picture, PowerPoint for the web places the picture on your slide and puts a Picture tab on the ribbon. With the picture selected, click the Picture tab.
A small pump costs $16,000 and has a life of 8 years and a $2,000 SV at that time. If the 200% DB method is used to depreciate the pump, what is the BV at the end of year four? Choose the correct answer below. O A. The BV at the end of year four is $1,602. OB. The BV at the end of year four is $1,000. OC. The BV at the end of year four is $5,063. OD. The BV at the end of year four is $5,695.
The correct answer is option A: the BV at the end of year four is $1,602.
How to find?To solve this problem, we need to first calculate the depreciation expense per year using the 200% declining balance method. This involves multiplying the book value (BV) at the beginning of each year by 40% (double the straight-line rate of 20%).
In year one, the BV is $16,000 and the depreciation expense is 40% * $16,000 = $6,400. The BV at the end of year one is therefore $16,000 - $6,400 = $9,600.
In year two, the BV is $9,600 and the depreciation expense is 40% * $9,600 = $3,840. The BV at the end of year two is $9,600 - $3,840 = $5,760.
In year three, the BV is $5,760 and the depreciation expense is 40% * $5,760 = $2,304. The BV at the end of year three is $5,760 - $2,304 = $3,456.
Finally, in year four, the BV is $3,456 and the depreciation expense is 40% * $3,456 = $1,382.40. The BV at the end of year four is $3,456 - $1,382.40 = $2,073.60.
Therefore, the correct answer is option A: the BV at the end of year four is $1,602.
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Please help. Atleast the top 2
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
Which sentences identity the investing activities of a cash slow statement?
Tyler Enterprises has achieved remarkable growth in the past five years. Qualified accountants have prepared and analyzed the cash flow statement to
offer financial advice to help safeguard the future of the business. It includes details of the amount of cash flowing into and out of the business. The
statement begins with the amount of revenue that the sales team has brought in. It also involves the corresponding marketing campaign costs incurred
in the promotional exhibition. The profit was declared to the shareholders in the form of dividends. The production team undertook projects that involved
installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of
an old division of packing material were sold off in order to concentrate solely on present business. Old investors were issued stocks when their
convertible bonds attained maturity. Some of the old machineries in the production line were sold off as scrap while rest was revamped
The sentences that identify the investing activities of a cash slow statement are - The production team undertook projects that involved installation of automatic botting machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project. The stakes of an old division of packing material were sold off in order to concentrate solely on present business. Some of the old machineries in the production line were sold off as scrap.
What are investing activities?Investing activities include the acquisition of physical assets, the purchase of securities, and the sale of securities or assets. Cash flow from investing activities includes long-term cash uses.
Negative cash flow from investing activities may not be a bad sign if management is investing in the company's long-term health.
Therefore, the sentences mentioned above identity the investing activities of a cash slow statement.
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Answer:
"The production team undertook projects that involved installation of automatic bottling machines. New dishwashers were installed in the cafeteria as part of an efficiency improvement project" and "Some of the old machines in the production were4 sold off as scrap while rest was revamped."
Explanation:
I got it right on plato
Which of the following describes the business ethical climate in the 1960s?
A.)Healthcare emphasized
B.)Public pushed for corporate accountability
C.)Anti-war sentiment
D.) Major industries riddled by scandal
please help me i need answer by today
ARIBA network may not work as a B2C as opposed to B2B,
It is true to say that the ARIBA network may not function as B2C as opposed to B2B, as ARIBA is a business network focused on Business to Business (B2B) where buyers and suppliers can collaborate.
The advantages of companies participating in the ARIBA network are:
CollaborationOpportunitiesRelationshipTherefore, buyers have the advantages of greater management of the acquisition process and control of expenses, building an effective supply chain.
And suppliers increase cash flow, simplify the sales process and increase customer satisfaction.
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For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.
–"The Financial Case for Trade School Over College," Mel Bondar, US News
According to the text, why is trade school more economical for some students? Select two that apply.
a). The cost of attending trade school is cheaper than the cost of a 4 year college.
b). Trade school graduates make more money than college graduates.
c). The cost of attending a 4 year college is offset by higher earnings in the long run.
d). Students who chose trade school over college often make better financial decisions.
e). Students who graduate from trade school have less debt than college graduates.
Answer:
A) The cost of attending trade school is cheaper than the cost of a 4 year college.
E). Students who graduate from trade school have less debt than college graduates.
Explanation: I just took the test on a virtual course and got it right. Hope this helps :)
Trade school more affordable for some students cost, according to the text A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.
Therefore, Thus option (a, e) is correct.
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Upload your completed exercise (Step 1), reflection (Step 2), application (Step 3), and visual aid (Step 4).
Academic standards in a post-secondary setting differ from those you might have encountered in high school. You will have more work than before to complete.
Managing your workload can be difficult when teachers ask you to read pages and pages of material or study for hours and hours on a single course. This chapter addresses time management and effective study techniques.
The calibre of your work also varies. Understanding the course information and summarising it for an exam is insufficient. Additionally, you'll be required to seriously interact with new concepts by pondering, evaluating, and criticizing them as well as by connecting ideas, coming to conclusions, and developing fresh perspectives on a certain topic. You are diving into deeper academic waters now.
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_____ refers to a software package that integrates the many functions of a business, such as accounting, finance, inventory management, and human resources. Group of answer choices
Enterprise Resource Planning refers to a software package that integrates the many functions of a business, such as accounting, finance, inventory management, and human resources.
ERP is a type of software that is utilized to manage business processes. It is an integrated management system that aids in the optimization and automation of business processes in an organization. It combines the various procedures and functions of a company into a single system, allowing businesses to manage all of their processes more effectively.
An ERP system can provide a comprehensive view of all of a company's operations in real-time, allowing companies to make better-informed decisions. It also allows them to coordinate and optimize their activities while keeping their data organized. ERP software is designed to integrate various departments of a business, including accounting, finance, human resources, and inventory management.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
Role of risk committee and their members
Answer:
The Risk Committee (the “Committee”) is an independent committee of the Board of Directors that has, as its sole and exclusive function, responsibility for the oversight of the risk management policies and practices of the Corporation's global operations and oversight of the operation of the Corporation's global risk ...
Explanation:
sna makatulong:)
Great Wall Pizzeria issued 17-year bonds one year ago at a coupon rate of 5.1 percent. If the YTM on these bonds is 8.2 percent, what is the current bond price? Note: Corporate bonds pay coupons twice a year.
The current bond price of the bonds issued one year ago by Great Wall Pizzeria with a 17-year maturity period at a coupon rate of 5.1 percent, and YTM of 8.2 percent is $1,060.88.
Face value of the bond = $1,000
Coupon rate = 5.1%
Yield to maturity (YTM) = 8.2%
Number of years to maturity = 17 years
The bond has a coupon rate of 5.1% and pays coupons twice a year. Therefore, the coupon payment is:
Coupon payment = Coupon rate / 2(Face value)
Coupon payment = 5.1% / 2 ($1,000)
Coupon payment = $25.50
Since the bond has a maturity period of 17 years and pays coupons twice a year, the number of coupon payments will be: Number of coupon payments = 17(2) = 34
We can use the present value of the bond formula to calculate its price:
Bond price =\(\$25.50 \frac {[1 - \frac {1}{ (1 + \frac {8.2\%}{2})^{(34)}}]}{(\frac {8.2\%}{2})+ \$1,000\frac{(1 + 8.2\%)}{{2}}^{34}}\) = $1,060.88 (approx)
Therefore, the current bond price of Great Wall Pizzeria is $1,060.88.
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What is the purpose of a bank?
A financial investigator
A financial tracker
A financial intermediary
A financial advisor
Financial advisor would be your answer
How do you think business impact suppliers and investors in terms of capital and income?
Answer:
It is important to select suppliers carefully as suppliers can affect the businesses they provide goods to. If a supplier provides a poor quality product to a firm, it may affect the firm's reputation as the firm will need to use the goods or sell them onto their customers.
Explanation:
Suppliers are the most important link in the business chain. They can never be separated from the business itself as they act as the most important intermediary for owners and consumers.
On the other hand, investors get impacted the most as the share price of the companies are hugely impacted by the performance of the business and are appreciated when the business posts excellent results in its annual or quarterly period.
A business can impact suppliers in a way that if the manufacturers are not ready with the finished goods, the supply chain will automatically be stopped which will reduce sales by a good number.On the other hand, Investors are the owners of the business for the part of no. of shares being held by them. However the management of the business is in the hands of the managers and if they don't run the business well, the stock prices would decline resulting in dismay for the investors.Suppliers as well as investors are directly related to the performance of the company as efficient management by the business leads to betterment of them and vice versa.Hence, the owners as well as the investors are directly affected with the performance by the management of the business and are equally acquainted to the business.
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A grandmother sets up an account to make regular payments to her granddaughter on her birthday. The grandmother deposits $20,000 into the account on her grandaughter's 18th birthday. The account earns 2.3% p.a. compounded annually. She wants a total of 13 reg- ular annual payments to be made out of the account and into her granddaughter's account beginning now. (a) What is the value of the regular payment? Give your answer rounded to the nearest cent. (b) If the first payment is instead made on her granddaughter's 21st birthday, then what is the value of the regular payment? Give your answer rounded to the nearest cent. (c) How many years should the payments be deferred to achieve a regular payment of $2000 per year? Round your answer up to nearest whole year.
(a) The value of the regular payment is $1,769.45 if the first payment is made on her granddaughter's 18th birthday.
(b) The value of the regular payment is $1,969.67 if the first payment is made on her granddaughter's 21st birthday.
Given, Amount deposited in the account on her granddaughter's 18th birthday = $20,000Interest rate = 2.3% compounded annually Regular payments = 13We have to find the value of the regular payment.
a) The present value of the 13 payments is $20,000 (initial deposit). Using the present value formula, we can calculate the regular payment:
$20,000 = P(1 - (1 + 0.023)^-13 / 0.023)P = $1,769.45
Therefore, the value of the regular payment is $1,769.45 if the first payment is made on her granddaughter's 18th birthday.
b) If the first payment is made on her granddaughter's 21st birthday, then the present value of the 12 payments is:
$20,000(1 + 0.023)^3 = $22,530.03
Using the present value formula, we can calculate the regular payment:
$22,530.03 = P(1 - (1 + 0.023)^-12 / 0.023)P = $1,969.67
Therefore, the value of the regular payment is $1,969.67 if the first payment is made on her granddaughter's 21st birthday.
c) To achieve a regular payment of $2,000 per year, we need to find the number of years for which the payments should be deferred. Using the present value formula, we get:
$20,000 = P(1 + 0.023)^n(1 - (1 + 0.023)^-13 / 0.023)
Where P = $2,000 and n is the number of years for which the payments should be deferred.
Solving for n, we get:
n = 8.83 years therefore, the payments should be deferred for 9 years (rounded up to the nearest whole year) to achieve a regular payment of $2,000 per year.
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In the buying center, ________ have formal authority and responsibility to select the supplier and negotiate the terms of the contract.
In the buying center, the buyers have formal authority and responsibility to select the supplier.
Who is a Buyer?This is an individual which makes the purchase of the goods and services. The buyer considers some factors such as price before doing that.
The buyer has the authority to select who to buy from and negotiate the terms of the contract so as to get the best deals.
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One problem with business-to-business e-procurement is that it _______.
A.
increases paperwork requirements
B.
increases transaction costs
C.
reduces purchasing efficiency
D.
increases the time between order and delivery
E.
can erode long-standing customer-supplier relationships
One problem with business-to-business e-procurement is that it can erode long-standing customer-supplier relationships. While B2B e-procurement offers many advantages, it also has some disadvantages.
One such problem is that it can disrupt long-term customer-supplier relationships. Indeed, e-procurement often involves the use of third-party vendors or web-based platforms, which can undermine the trust that has been built up over time between the customer and its supplier. E-procurement can also increase transaction costs because both the customer and the supplier must pay fees to third-party suppliers. All of these factors can lead to disruption of customer-supplier relationships, which can be detrimental to both the customer and the supplier.
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1) A. Identify 2 additional resources to share on the UN SDG + Fashion to share. I am especially interested in seeing the most recent data on how the UN SDG is being absorbed (or not) by Fashion. B. Formalize your understanding of the UN, The SDGs, and the connection to the Fashion and Apparel Industry. What is the context for? C. What did you find most striking? What do you want to learn more about?
A. Additional resources to share on the UN SDG + Fashion are as follows: Ethical Fashion Initiative (EFI) Eco-Age UN Fashion Industry Charter for Climate Action.
B. Formalizing the understanding of the UN, The SDGs, and the connection to the Fashion and Apparel Industry: UN stands for United Nations, which is an intergovernmental organization established in 1945 after World War II to promote international cooperation. The SDGs are a collection of 17 global goals set by the United Nations General Assembly to be achieved by 2030. They include objectives such as ending poverty and hunger, ensuring clean water and sanitation, and promoting sustainable economic growth.
The Fashion and Apparel Industry has the potential to help achieve these goals through sustainable practices. Sustainable fashion includes ethical and environmentally friendly production methods that reduce waste and pollution.
C. What was most striking was the potential impact of the fashion industry on sustainable development. There is still a long way to go to achieve the SDGs, but progress is being made. I would like to learn more about how consumers can contribute to the SDGs through their fashion choices.
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now compare the combined preference ratings of each segment with the average purchase price. is there a reasonable correlation between the combined preference ratings and average purchase price?
Answer:
YES
Explanation:
There must be a correlation between the combined preferences and the average purchase price of a product or service.
The question above does not present data that can lead to a specific answer, but arrives at the answer presented above because:
Combined preferences are a set of requirements that are established to analyze the purchase of a service or product.The ability of the service or product to meet this set of requirements may influence its average purchase price.This is because, products and services that meet this set of requirements can establish a higher average price, as they have advantages over their competitors that justify the price increase.On the other hand, products and services that do not meet the set of requirements do not have this advantage and need to create an advantage through the lowest average price, in relation to their competitors.More information:
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Solve the simultaneous equation
y+x=4
2y-x=5
Answer:
Value of X = 1Value of y = 3Solution,
Using substitution method,
y + x = 4
Move 'x' to the left hand side and change its sign:
y = 4 - x --------> equation (i)
Now,
2y - X = 5
putting the value of y from equation (i)
2( 4 - x ) - X = 5
8 - 2x - x = 5
8 - 3x = 5
- 3x = 5 - 8
- 3x = - 3
The difference sign (-) will be cancelled in both sides
3x = 3
3x/3 = 3/3
X = 1
Value of X is 1
Now, replacing the value of X in equation (i)
y = 4 - x
= 4 - 1
= 3
Value of y is 3
Hope this helps...
Good luck on your assignment...
Explain the weaknesses of the first differencing
technique in panel data analysis
In panel data analysis, the first differencing technique is commonly used to remove individual-specific effects and focus on within-group changes over time.
Weaknesses of first differencing technique in panel data analysis:
- Loss of information: First differencing eliminates the individual-specific effects, which may contain valuable information about the underlying processes.
- Reduced sample size: Differencing reduces the number of observations available for analysis, potentially leading to loss of statistical power.
- Potential endogeneity: First differencing assumes that the individual-specific effects are not correlated with the independent variables, which may not hold in some cases.
- Loss of time-invariant variables: First differencing eliminates time-invariant variables, making it impossible to examine their effects on the dependent variable.
In panel data analysis, the first differencing technique is commonly used to remove individual-specific effects and focus on within-group changes over time. However, it has several weaknesses. First, it leads to a loss of information by eliminating the individual-specific effects, which may contain valuable insights into the underlying processes. Second, differencing reduces the sample size, as each observation is paired with the subsequent one, potentially leading to a loss of statistical power. Third, the first differencing technique assumes that the individual-specific effects are not correlated with the independent variables, which may not hold in some cases, resulting in endogeneity issues. Finally, first differencing eliminates time-invariant variables, making it impossible to examine their effects on the dependent variable. These weaknesses should be considered when employing the first differencing technique in panel data analysis.
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Engines for race cars are intricate machines with up to 30,000 unique parts. fast draft, an engine manufacturer, contracts with vendors to provide most of these specialty parts while fast draft focuses on assembly. by using this structure, fast draft does not depend too heavily on any one supplier, and can adapt quickly as engine technology changes
This is an example of a Hollow Structure since Fast Draft hired different vendors for the speciality parts and chose to concentrate on assembly.
What is a hollow structure?A hollow structure is a style of organizational structure where a company outsources certain of its operations while concentrating on others.Even though they are crucial to the company's ability to produce goods and services, pieces that are frequently outsourced are those that are not regarded as key components.The business then concentrates on the essential operations.Fast Draft outsources the specialized components for the race cars before concentrating on putting them together.They are consequently outsourcing the specialised pieces that are not core components.They proceed to the main task, which is assembly. Diesel engines are considered some of the most dependable and long-lasting of all engines, and they are a marvel of engineering.Diesel engines' endurance, toughness, and dependability are mostly due to three factors:a diesel engine's general construction: gear-driven, better lubrication, and less wear. systems necessary for the engine to run.An internal combustion engine requires three main engine systems to function.These three are the fuel system, lubrication system, and ignition system.To learn more about engine technology refer
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Recommend the best sources of information for
identifying new product and service ideas. Contrast the major
differences in the product development process vs. service
development. �
Identifying new product and service ideas can be achieved through various sources of information. Market research plays a crucial role in understanding customer needs, preferences, and trends.
Gathering insights through surveys, interviews, and online research provides valuable data for identifying potential gaps and opportunities. Customer feedback is also invaluable, as it allows for direct insights into pain points, suggestions, and desires. Industry publications, including magazines, blogs, and case studies, provide updates on emerging trends and successful innovations in the relevant field. Additionally, competitor analysis helps identify gaps in the market and areas for differentiation. Contrasting the product development process with service development, key differences lie in the tangible nature of products versus the intangible nature of services. Product development often involves stages like ideation, design, prototyping, manufacturing, and testing. Service development focuses more on defining the customer experience, designing processes, training staff, and implementing systems to deliver the desired service. Both processes require research, planning, and iteration, but the specific approaches differ due to the distinct nature of products and services.
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A bakery sells two different types of loaves of bread, made-from-scratch bread and pre-mixed bread. The made-from-scratch bread require(s) three steps: mixing, baking and packaging. The pre-mixed bread only require(s) two steps: baking and packaging The mixing step has a capacity of 170 loaves per hour. The baking step has a capacity of 280 loaves per hour. The packaging step has a capacity of 275 loaves per hour. The demand for made-from-scratch bread is 278 loaves per hour and the demand for pre-mbed bread is 203 loaves per hour. Instruction: Round to the nearest integer percentago. What is the implied utilization of the bottleneck resourco
The implied utilization of the bottleneck resource for this bakery is 175% (packaging)
Any resource whose capacity is equal to or less than the market demand placed on it. Bottleneck resource is usually identified by the resources that are either slower than it should or have an accumulation of work that they cannot process.
How to calculate the implied utilization of the bottleneck resource?
First, let's start to calculate based on three steps of making bread from-scratch
1. Mixing
Capacity = 170
Demand (made from scratch + demand for pre mixed) = 278
Mixing implied utilization = \(\frac{demand}{capacity}*100\)
= \(\frac{278}{170} * 100\)
= 163.53%
2. Baking
Capacity = 280
Demand (made from scratch + demand for pre mixed) = 278 + 203 = 481
Baking implied utilization = \(\frac{demand}{capacity}*100\)
= \(\frac{481}{280} * 100\)
= 171.79%
3. Packaging
Capacity = 275
Demand (made from scratch + demand for pre mixed) = 278 + 203 = 481
Packaging implied utilization = \(\frac{demand}{capacity}*100\)
= \(\frac{481}{275} * 100\)
= 174.91%
The bottleneck resource is the one with maximum / higher implied utilization. Therefore, the bottleneck is packaging.
Implied utilization of bottleneck resource (packaging) = 175%
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Distinguish between the terms commodity and cargo in
shipping industry.
The shipping industry involves the transportation of commodities or cargo from one point to another. Commodities and cargo are two different terms in the shipping industry.
A commodity is a primary agricultural, mining, or industrial product that can be purchased and sold while cargo is the goods transported on a ship, aircraft, train, or truck.
Examples of commodities include oil, gold, silver, and corn. Commodities have uniform quality and are interchangeable with other similar products. They can be produced in bulk and are traded in large quantities on commodity exchanges.
Cargo can be in different forms such as boxes, containers, crates, and pallets. Cargo can be made up of a variety of products such as clothing, electronics, food, and machinery. Unlike commodities, cargo has a variety of quality and value. The price of cargo is determined by the cost of production, transportation, and supply chain management.
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Whats customer service teamwork for starbucks and Samsung?
1. Which is an example of fiscal policy?
A. preventing unions from going on strike
B. raising taxes in order to cover a budge deficit
C. Restricting the amount of money that banks can lend
D. increasing the level of minimum wage
2. Which is an example of fiscal policy?
A. decreasing the interest rates on loans charged to car companies
B. deploying troops to help citizens cope with natural disaster
C. going into debt to buy a large number of vehicles
D. limiting the number of foreign cars that can be sold in the United Stats
Answer:
A. decreasing the interest rates on loans charged to car companies
Natural monopolies often arise in industries where the marginal cost of adding an additional customer is very low once the fixed costs of the overall system are in place. This results in what?
Group of answer choices
a perfect competition
b short-run average costs are less than long-run average costs
c economies of scale
d diseconomies of scale
When a natural monopoly arises due to low marginal costs of adding customers, it means that the company can produce more units of its product without incurring significant additional costs.
This leads to economies of scale in the short run, where the fixed costs are already in place and the variable costs are low. However, in the long run, the company may face diseconomies of scale as it expands too much and the costs of producing additional units start to rise. This happens when the fixed costs become insufficient to support the company's growth and it starts incurring additional expenses for maintenance, equipment upgrades, and labor costs.
Diseconomies of scale can lead to inefficiencies in production and increased costs, which can ultimately affect the quality and price of the product. This can make it harder for new firms to enter the market and compete with the natural monopolist, as they will have to incur higher costs per unit of production due to their smaller size. As a result, natural monopolies can have significant market power and may need to be regulated to prevent them from exploiting consumers.
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