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Inessa05 [86]
3 years ago
7

Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?

Business
1 answer:
Mariulka [41]3 years ago
3 0

Answer:

For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.

Explanation:

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Explanation:

given data

time = 10 hours

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to find out

reduction in work in process value

solution

we find work in progress   by this formula

work in progress  = Flow rate  × Cycle Time     .......................1

so Initial work in progress is

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and Final work in progress is here

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so

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and

Final work in progress    value =15  × 1500

Final work in progress    value = $22500

so

Reduction in work in progress = $22500 - $15000

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