If Jennifer has 400 dollar more than Brian has, if she gives Brian 20 % of her money she will have to giver Brian 80 dollars which comprises 20% of 400 dollars.
That is a simple calculation: 20/100 x 400 = 80
Question solved.
Answer:
Transaction
Explanation:
Marketing exchange process refers to a process wherein two or more individuals buy or sell a good. Exchange refers to the consideration which is paid in return for the product i.e money.
For any exchange to take place it is essential that the good is transacted.
Customer would be the one who requires the product or the ones who create a want.
A Provider is the one who satisfies a want or say the one who makes the product available.
Product is the bundle of utilities or attributes which satisfies a want.
Transaction is effected when the buyer gets the product and the seller gets paid for the product.
Answer:
lost value compared to the German mark because inflation was lower in Germany
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases
Answer:
D
Explanation:
hope it helps to your question
Answer:
Answer:
1. MCE = 21.42%
2. Delivery Cycle Time 22 days
Explanation:
The Manufacturing Cycle Time is given by the formula:
Manufacturing cycle time = Inspection Time + Process Time + Move Time + Queue time
Here we have
Inspection time =1.5 days
Processing time =3.0 days
Move time =2.5 days
Queue time= 7.0 days
Wait time= 8.0 days
Manufacturing Cycle Time = 1.5+3.0+2.5+ 7.0= 14.0 days
MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time
MCE = 3/ 14=0.2142= 21.42%
It means that MCE consists of 21.42 %actual processing and 79 % consists of non value added activities.
2. Delivery Cycle Time= Manufacturing Cycle Time + Wait time
Delivery Cycle Time= 14.0 days + 8.0 days= 22.0 days
The difference between wait time and queue time is that wait time is the time when the customer places an order until it is delivered.And queue time from the start of the production of the order.
