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3 years ago

To evaluate solutions, you must usually

1 answer:

6 0

A good way to become a systematic problem solver is to adopt the following five-step problem-solving process.

Identify the problem. This is critical: you must try to solve the right problem. ...

Analyze the problem. ...

Identify decision criteria. ...

Develop multiple solutions. ...

Choose the optimal solution.

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If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by:_

nydimaria [60]

If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>

<h3>What are labor costs?</h3>

The total of all employee wages, employee benefits, and payroll taxes paid by an employer constitutes the labor costs. Direct and indirect (overhead) labor costs are separated.
While indirect costs are related to labor costs, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
While indirect costs are related to support labor, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
The price of goods or services may fluctuate away from their genuine cost if labor costs are poorly allocated or evaluated, which could hurt earnings.

To learn more about labor costs with the given link

brainly.com/question/5427701

#SPJ4

7 0

1 year ago

What term describes the short period of unemployment used for matching job seekers to jobs?

slamgirl [31]

The correct answer is letter C. Structural unemployment describes the short period of unemployment used for matching job seekers to jobs. This happens when there is no available job that the economy can offer that would match the employees general skills.

5 0

3 years ago

Check out this cube: The figure presents a cube. The length of one edge is labeled as 4 units The figure presents a cube. The le

Olenka [21]

Answer:

The surface area of the cube is 96 squared unit.

Explanation:

The surface area of a cube is the addition of the area of each surfaces. The surface net of the cube illustrates that it has 6 squares of 4 unit length each.

So that,

Area of a square = length × width

But, length = width

⇒ Area of a square = $(length)^{2}$

= $(4)^{2}$

= 16

Area of one of the squares of the cube is 16 squared unit.

Surface area of the cube = number of squares × Area of one of the squares of the cube

= 6 ×16

= 96 squared unit

The surface area of the cube is 96 squared unit.

4 0

3 years ago

Horace is trying to start a business. He knows several accredited investors who he knows will help him jumpstart his business. W

Nata [24]

Answer:

Investors may invest a combined $50 million within a 12-month period.

Explanation:

According to the section, there are two pricing rates in Regulation A In the 1st Tier, for offering upto $20 million over a 12-month span and another 2nd Tier, for offerings upto $50 million over a 12-month period.

Therefore, as per the given situation the right answer is Investors are permitted to invest a combined $50 million over a 12-month period.

6 0

3 years ago

A company inserts winning prize tickets into 10,000,000 of its products. 1 of the tickets is a large cash prize, 1,600,000 are s

netineya [11]

Answer: Large Cash Prize is A. 0000001

Small Cash Prizes is B. 0.16

Free Samples is C. About 0.84

Explanation:

Large Cash Price

The probability of winning 1 large Cash price is 1 out of 10 million so that would be,

= 1/10,000,000

= 0.0000001 which is option A

Small Cash Prices

Probability of winning a Mall Cash price is 1,600,000 out of 10,000,000 which would be,

= 1,600,000/10,000,000

= 0.16 which is Option B

Free Samples

Winning free samples of the Company's products would be,

= 10,000,000 - 1,600,000 - 1

= 8,399,999

Now we divide by 10,000,000

= 8399999/10,000,000

= 0.83999

= 0.84 so option C

5 0

3 years ago