Answer:
the number of watches to be produced in July is 500
Explanation:
The calculation of the number of watches to be produced in July is given below;
Units Expected to be sale 400
Add: Desired ending inventory 300 (50% of 600)
Total available 700
Less: Beginning Inventory -200
Units to be produced 500
Hence, the number of watches to be produced in July is 500
Answer:
A. 45
B.2,235
C. 1.9%
Explanation:
A. Calculation to determine the amount of value-added
VALUE ADDED TIME
PC board Assembly 4
Final Assembly 20
Testing 9
Packaging and labeling 12
Total Value added time 45
Therefore the amount of value-added is 45
B. Calculation to determine non-value-added lead time
NON-VALUE-ADDED LEAD TIME
Wait time for non added value 2,205
[45*(50-1)]
Add Test set up time 30
Wait time 2,235
Therefore The non-value-added lead time is 2,235
C. Calculation to determine the value-added ratio
Value added time 45
Non value added lead time:
Wait time lead time 2,235
Move time lead time 32
(12+20)
Total lead time 2,312
Value added ratio 1.9%
(45/2312*100)
Therefore the value-added ratio is 1.9%
A standard business plan will not include an employee summary.
All of the other options are always included in a business plan to assess the feasibility of the venture.
Answer:
The correct answer is letter "A": importing.
Explanation:
Importing activities involve businesses or individuals purchasing goods from manufacturers abroad with the purpose of reselling those goods or for personal use. Importing goods imply paying tariffs on those products as a way to protect national businesses.
Answer:
The correct answer is equal to price.
Explanation:
A perfectly competitive firm is a price taker. This is because of the large number of firms, no single firm is able to influence the price. So each firm faces a horizontal demand curve. This horizontal line shows demand, marginal revenue, and average revenue.
The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.