When the stock market crashed people ____________

The cumulative average labor hours to assemble the first five units of product A were 15.882 hours. If the learning curve, based

velikii [3]

Answer:

Estimated time required to assemble the 20th unit= 8.836 hours

Explanation:

The learning curve theory states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate; and is given as 85% in this question.

The cumulative average time is determined using the formula below:

Y= aX^b

a - time taken for the first unit produced

b = log LR/Log 2

X- cumulative units till date

Y - cumulative average time taken for X units

LR- Learning rate

<em>So we can apply this formula to our question</em>

b = Log 0.85%/Log 2 = -0.23446

15.882 = a * 5^(-0.23446)

15.882 = a * 0.685671

a =15.882/0.685671

a =23.16271007

Time taken for the first unit =23.16 hours

Estimated time taken to assemble 20th units:

= Total time for 20units -Total time for 19units

= (23.16×(20^-0.23446)×20) - (23.16×(19^-0.23446)×19)

= 229.4949 -229.4949

= 8.836 hours

Note: total time = Cumulative average time × Cumulative number of units

Estimated time required to assemble the 20th unit= 8.836 hours

6 0

3 years ago

To compute trend percents the analyst should______________.

KonstantinChe [14]

Answer:

A.Select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a percent of their base period number.

Explanation:

The trends percentages are similar to horizontal analyzes, except that comparisons are made based on the selected base year or cycle. Trend percentages are useful for comparing financial statements over several years as they explain changes over time and trends. You can calculate Trend percentages as follows:

- Selection of year or semester and the base year period.

- Assign 100% weight to the amounts in the financial statements of the base year.

- In the financial statements of other years, the corresponding amounts are expressed as a percentage of the base year or period then calculate percentages by year / base year and click 100 to get one percent.

6 0

3 years ago

A registered representative employed by ABC broker/dealer is good friends with an independent venture capitalist. The venture ca

7nadin3 [17]

Answer:

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5 0

3 years ago

If a price ceiling is set above the equilibrium price in a market rev____________.a. rationing will be necessary. b. surpluses o

Oksanka [162]

Answer:

b. surpluses of the commodity will develop.

Explanation:

The equilibrium price is the intersection of the demand and supply curve. At this price, the quantity demanded matches the quantity supplied. There are surplus or shortages in the market.

When the price is set above the equilibrium point, it means the product or service will be too expensive for many buyers to afford. A high price results in reduced demand. If supply is constant, and the demand has declined, the market will experience a surplus of that commodity. Should the price go below the equilibrium point, there would be an increase in demand, causing a shortage of that product.

5 0

3 years ago

Armstrong industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. how much are total variable c

ozzi

5 0

3 years ago

When the stock market crashed people _____________?