Answer:
161 units
Explanation:
Economic order quantity = √[(2 x annual demand x orderign cost) / annual holding cost per unit]
annual demand = 500 units
ordering cost = $1,000
holding cost = $550 x 7% = $38.50
EOQ = √[(2 x 500 x $1,000) / $38.50] = 161.16 units ≈ 161 units
The cost of electricity. <span> because explicit costs are like accounting costs. They are direct costs that come with operating a business. A,B and C are all implicit costs, they are like opportunity costs and do not have any direct value in a accounting perspective.</span>
Answer:
Social responsibility
Explanation:
Social responsibility is an obligation of a business firm to act in ways that are good to the society. A business firm must act in a way that will benefit the society.
It suggest that a business firm must be concerned about the welfare of the people in the community.
It is ethical of a business to consider the welfare of the people before taking any action in the society. This implies that, a business firm shouldn't only consider making profit or expanding their business but should take into consideration the wellbeing of the people around them.
Social responsibility is not only performed by a business firm but also the duty of every individual that is capable of impacting the environment.
Every individual and business firm should impact the environment in a positive way and Improve on the wellbeing of people dwelling in the environment.
Answer:
Average time per unit is 59.6 hours
Explanation:
As we know as the work is done the learning of the labor force increases and they require less time to produce the next unit. An average time required to produce specific numbers of unit including cumulative effect of the learning curve.
As per given data
Number of units = 30 unit
Ratio of Time to produce second unit = 90 / 100 = 0.9
Accumulated Average time per unit Formula is
y = aX^b
Where
y = Average time per unit = ?
X = Cumulative Numbers of unit = 30
a = Time required to produce first unit = 100 hours
b = factor used to calculate cumulative average time = log (Learning Curve %/ log2) = Log (90/100) / Log2 = -0.152
Place value value in the formula
y = 100 x 30^ -0.152 = 59.6 hours
The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.
When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.
The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.
Learn more about United steelworkers of America here brainly.com/question/16996777
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