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2 years ago

_________ is the elapsed time from receipt of a customer order to when the completed goods are shipped to the customer.

1 answer:

4 0

The period of time between receiving a client order and shipping the finished items to the customer is referred to as the delivery cycle time.

When it comes to measuring internal business performance, delivery cycle time is regarded as a very crucial statistic. It is defined as the period of time between the moment an order is received and the time it is actually sent.

This usually plays a significant role for both organizations and customers because prompt order processing is a skill that almost all firms and customers tend to value.

In a similar vein, it can be seen that quicker delivery cycles can also serve as a possible competitive advantage for the business and, in most situations, are essential to their existence.

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The most noticeable difference between common-law and code-law systems is found in the laws governing _____.

Elis [28]

The laws governing intellectual property are where common-law and code-law systems most obviously diverge.

<h3>What is intellectual property ?</h3>

The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.

The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.

Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.

Learn more about Intellectual property here:

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6 0

2 years ago

The following cost information pertained to the Violin Division of Stringing Music Co. and was based on monthly demand and sales

Nostrana [21]

The contribution margin per unit sold by Violin Division of Stringing Music Co is <u>$326</u>.

<h3>What is the contribution margin per unit?</h3>

The contribution margin per unit is the difference between the selling price per unit and the total variable costs (production and selling) per unit.

<h3>Data and Calculations:</h3>

Monthly demand and sales = 200 units

Per-Unit Costs

<h3>Variable production costs: </h3>

Direct materials $170

Direct labor 155

Variable factory overhead 75

Fixed production costs:

Depreciation (equipment) 15

Factory rent 58

Other 15

Total production cost = $488

Variable selling = $24

Fixed selling & administrative costs = $36 per unit

Selling price per unit = $750

<h3>Total variable cost per unit:</h3>

Direct materials $170

Direct labor 155

Variable factory overhead 75

Variable selling 24

Total variable production and selling costs = $424

Selling price per unit = $750

Contribution margin per unit = $326 ($750 = $424)

Thus, the contribution margin per unit sold is <u>$326</u>.

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<h3>Question Completion:</h3>

Variable selling & administrative costs $24 per unit Fixed selling & administrative costs $36 per unit Given a normal selling price per unit of $750, what is the contribution margin per unit sold

4 0

2 years ago

Cosmetic Profits. Sally is the executive vice president of Big Name Cosmetics Company. Through important and material, nonpublic

Natali5045456 [20]

Answer:

A. She is guilty of insider trading because she tipped information

Explanation:

From the question, there was an

unlawful committed by Sally as a result of her giving an information about inside to Alice which was her friend. Giving away that confidential information may give room

to Intruders to tip off which leads to another unlawful act such as Check Kitting case, which can be regarded as theft as well as larceny and this brings about outsider having chance to get non-existing funds.

4 0

3 years ago

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?

Vesnalui [34]

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

5 0

2 years ago

In a lean system, the work in process and raw materials inventory accounts are combined.

7nadin3 [17]

Answer: True

Explanation:

Lean is simply defined as management practices that are used by companies or organizations in order to improve the effectiveness and the efficiency during production by eliminating waste.

It should be noted that in a lean system, the work in process and raw materials inventory accounts are combined.

3 0

4 years ago