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4 years ago

Because customers participate directly in the service process, the success of technological innovation is dependent upon:

1 answer:

5 0

<span>Because customers often participate directly when it comes to the service process, the success of any technological innovation is highly dependent on customer acceptance. This means that if the customers don't like the product or something about it, a technological innovation will not find a place in the main stream and will be unable to succeed.</span>

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The two categories of cost comprising conversion costs are

Dmitry [639]

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

7 0

4 years ago

Last week, linda's commission check was $84. if she earns a 12.5% commission on sales, what were her total sales?

Gre4nikov [31]

$672.00 I think. Hope this helped

7 0

3 years ago

Read 2 more answers

A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12

aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

= 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

$=\frac{2000}{115.47}$

= 17.32

The daily demand = demand / number of working days

$=\frac{2000}{240}$

= 8.33

The time between the orders = EOQ / daily demand

$=\frac{115.47}{8.33}$

= 13.86 days

ROP = ( Daily demand x lead time ) + safety stock

$=(8.33 \times 8)+10$

= 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

$=\frac{115.47}{2} \times 3.6$

= 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

$=\frac{2000}{115.47} \times 12$

= 207.85

So the total inventory cost = annual holding cost + annual ordering cost

= 207.85 + 207.85

= 415.7

6 0

3 years ago

The following data give the dates of successive turning points in U.S. economic activity and the corresponding levels of real GD

solong [7]

Answer:

Point of trough = B and D

Explanation:

As per the data given in the question,

The troughs are those points where the real GDP of economy fails and then later it increases. In July 1953 real GDP is 1992.2, which further fails to 1941 in May 1954, and then increases again to 2182.7 in April 1957. Hence B is that point where trough takes place.

Likewise, Real GDP is falling to 2,117.4 in April 1958, which Rising to 2391.0 in April 1960. Therefore D is also that point where trough takes place.

Thus, Option (e) : point (B) and (D) is correct answer.

7 0

3 years ago

To loosen credit the Federal Reserve will: A sell U.S. Government securities to bank dealers with an agreement to buy them back

ANEK [815]

Answer:

B buy U.S. Government securities from bank dealers with an agreement to sell them back at a later date

Explanation:

The Federal reserve uses open market operations to regulate liquidity in the economy. This eases or restricts how bank dealers can give credit.

To ease credit giving ability of bank dealers the Federal Reserve will buy US Government securities from bank dealers. This gives them extra money which they can give out as loans to their customers.

On the other hand when credit needs to be tightened, the Federal Reserve will mop up cash by selling Government securities to the bank dealers

4 0

4 years ago