Answer: monitoring operation
Explanation:
Monitoring operations requires management oversight, employee feedback and customer reviews. It can help provide specific directions for employees, which can lead to improved time management and increased productivity.
- Diseconomies of scale result from monthly bike sales of more than 400.
- Economies of scale = fewer than 300 bikes each month
- Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.
<h3>What is Diseconomies of scale?</h3>
- Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
- Which leads to higher per-unit costs for the production of products and services.
- Economies of scale are opposed by the idea of diseconomies of scale.
<h3>What is Economies of scale ?</h3>
- The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
- And they are often quantified by the amount of output generated in a given amount of time.
- Scale can be increased when the cost per unit of output decreases.
<h3>What is Constant Returns to Scale?</h3>
- When a company's inputs, such as capital and labor, expand at the same rate as its outputs, or the value of their goods, this is known as a constant return to scale in economics.
- Returns to scale are measurements over a long time.
Learn more about Constant Returns to Scale here:
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Answer:
a) 10
Explanation:
Calculation to determine Approximately how many salespeople does Splash World need to service 1000 accounts
First step is to determine the selling time
Using this formula
Selling time=Number of customers *Sales calls per year*Hours per sales call
Let plug in the formula
Selling time=1000 * 5 *2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per wweek* 50 weeks)*1/2
Hours to sell = 2000 hours per year*1/2
Hours to sell= 1000 hours per year.
Now let determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Therefore Approximately how many salespeople does Splash World need to service 1000 accounts will be 10 salespeople
Answer:
<u>Leverage Ratios</u>
Explanation:
Leverage ratios signify the proportion of debt. The purpose behind calculating such ratios and their interpretation being to assess an entity's reliance on debt for raising long term capital.
Debt to investments ratio would be the proportion of debt used in the total investment made by a company.
Debt to investments ratio is computed as : 
In the given case, the company utilized it's funds from debt to the tune of $20 million for it's investments in buying out another company.
Total investments = $ 20 million in debt + $20 million own funds i.e retained profits = $40 million
Out of $40 million, $20 million has been financed by debt.
Thus, Debt to investments ratio is 0.5.
Lower the debt to investment ratio, better it is for the company since lower will be interest and principal repayment obligations.
<span>Through specialization, both producers and consumers benefit. On the producer side, specialization allows producers to best use their resources in the most efficient manner possible by playing to their strengths, thus maximizing profit. On the consumer side, the fact that producers are specialized and thus efficient in their production ensures lower production costs than if products were made by less-specialized producers, translating into lower consumer-facing prices.</span>
