A licensing agreement is a legal contract between two parties, known as the licensor and the licensee . In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
Answer:
Increase in net operating is $9,800
Explanation:
<u>Computation table</u>
Increase in sales $60,000
<u>Less:Variable expense (42%) $25,200</u>
<u>Increase in contribution $34,800</u>
<u>Less:Cost of advertising $ 25,000 </u>
<u>Increase in net operating $9,800</u>
<u />
Answer:
25,000
Explanation:
Given that,
Time taken from first step to final step, cycle time = 1.25 hours
Demand for candy bars = 20,000
Throughput time = 20,000 candy bars per hour
Candies in process is work in progress:
= cycle time × Throughput time
= 1.25 hours × 20,000 candy bars per hour
= 25,000
Therefore,
25,000 candy bars are in process, on average.
Homeless:
10 – t^2
/320 > 0
10 > t^2
/320
3200 > t^2
t < 40√2 = 56.6
College students:
10 – t^2
/160 > 0
10 > t^2
/160
1600 > t^2
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.
