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1 year ago

The process of analyzing the tasks necessary for the production of a product or service is called ______.

Business

1 answer:

VARVARA [1.3K]1 year ago

4 0

The correct answer is work flow design.

To offer team members and stakeholders a high-level overview of each activity involved in a certain process, workflow design entails mapping out all activities and processes in a visual manner.

<h3>How does one develop a workflow design?</h3>

Step 1- How to Create an online workflow:

Step 2- Decide on your resources.

Step 3- Make a list of the tasks that must be completed.

Step 4- Determine who is in charge of each task and assign duties.

Step 5- Make a workflow diagram to see the procedure in action.

Step 6- Try out the process you designed.

Step 7- Introduce the new workflow to your staff.

Step 8- Launch the updated workflow.

To know more about Stakeholders, visit: brainly.com/question/14514176

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Hepburn Company transferred $58,000 of accounts receivable to a local bank. The transfer was made without recourse. The local ba

vivado [14]

Answer: $11420

Explanation:

The amount that Hepburn will show as an amount receivable from factor will be the estimated fair value of the interest in receivables minus the factoring fee given in the question. This will be:

= $12,000 - ($58,000 × 1%)

= $12,000 - ($58,000 × 0.01)

= $12,000 - $580

= $11,420

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3 years ago

Bryan manufacturing had sales of $4,000,000 and net operating income of $700,000. operating assets during the year averaged $600

katen-ka-za [31]

ROI as a financial ratio is calculated as follows:
ROI = Net profit/Total investments

In the current case,
Net profit = Net operating income = $700,000
Total investments = Operating assets = $600,000

After purchasing the new machine,
Total investments = 600,000*1.08 = $648,000

Therefore, the new ROI is;
ROI = 700,000/648,000 ≈ 1.08 = 108%

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4 years ago

Suppose the price elasticity of supply for gasoline in the short run is estimated to be 0.4. Due to an unexpected surge in the d

oee [108]

Answer:

Explanation:

The formula and the computation of the price elasticity of supply is shown below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 0.4

And, the percentage change in price = 20%

So, the percentage change in quantity supplied is

= Price elasticity of supply × the percentage change in price

= 0.4 × 20%

= 8%

It shows a direct relationship between the quantity supplied and the price.

6 0

3 years ago

The Can Division of Vaughn Manufacturing manufactures and sells tin cans externally for $1.20 per can. Its unit variable costs a

Nastasia [14]

Answer:

Minimum transfer price = $1.17

Explanation:

The Can Division is operating at full capacity, hence it has no excess capacity .

This implies that it can not produce enough to meet both the internal and external buyers.

Since Division X can not accommodate the demands of the Packaging Division at a price lower than the external price, because it will result to a loss in contribution.

To maximize and optimize the group profit

Minimum transfer price = External selling price - savings in internal transfer cost

= $1.20 - 0.03 = $1.17

Minimum transfer price = $1.17

5 0

3 years ago

How much should a new graduate pay in 10 equal annual payments, starting 2 years from now, in order to repay a $30,000 loan he h

Marina86 [1]

Answer:

each payment will for 4,320.60 dollars

Explanation:

First, we will calculate the future value of the 30,000 two years from now

then we calcaualtethe annuity present value of this to know the student payment

timeline:

<---//----/-/-/-/-/-/-/-/-/-/-/->

loan student payments

the loan futre value will be:

30,000 x 1.06^{2} = 33708

Now we calculate an annuity-due which 10 payment being made at 6% discount rate

This will be an annuity-due because today we are receiving the loan and in excatly 2 years form now we will start the payment so it will be at the beginning of the period

Annuity-due formula

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

PV $33,708.00

time 10 years

rate 0.06 discount rate

$33,708 \times \frac{1-(1+0.06)^{-10} }{0.06} (1+0.06)= PTM\\$

PTM = $ 4,320.601

4 0

3 years ago