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nadezda [96]
1 year ago
6

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose

of a prototype?
Business
1 answer:
anyanavicka [17]1 year ago
6 0

The fundamental purpose of a prototype is to help a company better understand its new product designs.

<h3 /><h3>What is prototyping?</h3>

It is the process of producing a sample of a product, which will serve as an initial representation that will later be produced on a large scale, helping to save time, costs and increasing learning about organizational projects.

Therefore, prototyping is a design process that helps an organization to gain more information to develop its business projects.

Find out more about prototyping here:

brainly.com/question/7509258

#SPJ1

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Yard Designs (YD) experienced the following events in 2018, its first year of operation:
Natasha_Volkova [10]

Answer:

a)

    assets                            =            liabilities              +         equity

    cash                                      deferred revenue             retained earnings

1)   $40,800                               $40,800

<u>2)   $0                                         -$,6800                              $6,800                 </u>

    $40,800                               $34,000                              $6,800

     revenues           -          expenses     =         net income         cash flows

1)       $0                                  $0                            $0                   $40,800 OA

<u>2)   $6,800                             $0                        $6,800                   $0       OA</u>

     $6,800                             $0                        $6,800                $40,800 NC

b) Yard Designs

Income Statement

For the year ended December 31, 2018

Revenues           $6,800

<u>Expenses               $0     </u>

Net income        $,6800

Yard Designs

Balance Sheet

For the year ended December 31, 2018

Assets:

Cash $40,800

Total assets                                 $40,800

Liabilities:

Deferred revenue $34,000

Equity:

Retained earnings $6,800

Total liabilities and equity             $40,800

Yard Designs

Statement of Cash Flows

For the year ended December 31, 2018

Cash flows from operating activities:

Net income                                         $6,800

Adjustments to net income:

  • Increase in deferred revenue <u>$34,000</u>

Net cash flow from operating act.   $40,800

Cash flows from investing activities:       $0

Cash flows from financing activities:       $0

Net increase in cash                         $40,800

Initial cash balance                           <u>          $0</u>

Ending cash balance                        $40,800

c) $34,000

5 0
3 years ago
Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machi
romanna [79]

Answer:

beginning inmediately:  $ 140,095.127

after a year:                    $ 152,703.688

with a salvage value:     $ 148,227.912

Explanation:

We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%

Annuity-due:

PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} (1.09)= C\\

C  $ 140,095.127

Annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 152,703.688

If there is a salvage value, we discounted from the lease value:

980,000 - present value of salvage value:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $68,000.0000

time   10.00

rate  0.09

\frac{68000}{(1 + 0.09)^{10} } = PV  

PV   28,723.93

980,000 - 28,724 = 951,276

<u>Now we calculate the PMT:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $951,276.00

time 10

rate 0.09

951276 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 148,227.912

8 0
3 years ago
Imagine that you are a management coach and one of your clients, a new manager, says, “I’ve heard that about two thirds of manag
Arte-miy333 [17]

Answer:

✔ Asking employees questions helps develop their critical thinking skills.

✘ Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.

✘ Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.

✔ Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.

Explanation:

A manager who asks questions with a sincere interest in the answers is engaging in dialogue similar to a “regular” back-and-forth conversation, and this authenticity builds trust and promotes the open exchange of ideas. Another key benefit is that having employees think about questions, rather than just telling them information or telling them what to do, engages their critical thinking skills—which are key skills for organizational success. Also, when employees are asked how to solve problems, they are likely to have more buy-in to the solution they arrive at than to a solution imposed on them. Many people are motivated by feeling as though their ideas make a positive difference.

Lower-level employees are often the experts in operational details and often have more direct contact with customers than higher-level managers, so they have tremendous expertise that can and should be tapped. Asking employees questions begins an organizational dialogue that can lead to a decentralized communication network, in which employees freely exchange ideas with one another and not just with their manager.

7 0
2 years ago
A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $31 pe
AlladinOne [14]

Answer:

Break-even point in units= 348

Explanation:

Giving the following information:

The fixed cost for the production will be $24,000. The variable cost will be $31 per pair of shoes. The shoes will sell for $100 for each pair.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 24,000 / (100 - 31)

Break-even point in units= 347.82 = 348

8 0
3 years ago
Two months ago, Air-tite Corporation purchased 5,500 pounds of Hydrol, paying $18,700. The demand for this product has been very
butalik [34]

Answer:

A, B.  

Explanation:

A is relevant as the 400-pound remaining can be sold at market price after the special order

B is relevant as the whole 5,500 can be sold at market price instead of the special order

C is irrelevant as the cost has already been uncured

D is irrelevant

4 0
3 years ago
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