Answer: The Objective part.
Explanation: The SOAR structure is a strategy used in providing comprehensive answers to interview questions. The word SOAR is an acronym that stands for Situation, Objective or Obstacle, Action, and Results.
The aim of using the SOAR technique is to answer an interview questions by referring to a situation in which a task was given, how the task was handled and the result gotten.
Therefore, the scenario described in the question above is an example of the objective aspect of the SOAR structure, because it outlines the objective of the task to be carried out in order to achieve a certain result.
Variable costs are the costs that change in total each time an additional unit is produced or sold. With a variable cost, the per unit cost stays the same, but the more units produced or sold, the higher the total cost. ... Although total fixed costs are constant, the fixed cost per unit changes with the number of units.
The answer is: by cheap foreign labor
Currently, most of the corporations that operates in america manufacture their products in countries such as China, india, indonesia, phillipines, or Eastern European countries.
People who live in those countries typically have lower standard of living. Because of this, they can agree in receiving salary that are considerably lower compared to the minimum wage in united states.
The Correct Answer is Increase by $7,000 per month
Current net operating income = ( 100 × 250 ) -5750
= 19250.
With the change salary becomes a variable cost and
Net operating income would be = ( 100 - 30 ) × 250 × 150%
=26250
That is an increase of 7000 per month.
When making a decision using incremental analysis consider the:
Change in cost resulting specifically from the decision. Change in sales dollars resulting specifically from the decision. Adam's Sports Store has a contribution margin ratio of 55%.
To know more about Current Net Operating Income, click the links.
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Answer:
1. Throughput time.
This is the length of time it takes to transform a raw material into finished goods.
= Inspection time + Process time + Move time + Queue time
= 0.7 + 2.8 + 1.3 + 4.1
= 8.9 days
2. Manufacturing Cycle Efficiency:
= Value added time / Throughput time * 100%
= 2.8 / 8.9 * 100%
= 31%
3. Percentage of time spent on none valuable activities:
= 1 - Manufacturing cycle efficiency
= 1 - 31%
= 69%
4. Delivery Cycle time:
= Wait time + Throughput time
= 16.2 + 8.9
= 25.1 days
5. New MCE.
Queue time is eliminated:
= 8.9 - 4.1
New Throughput time = 4.8 days
MCE = 2.8 / 4.8
= 58%