Answer:
Explanation:
The rate of production is determined by the slowest step or process.
Determine the rate of production of each step.
<em>1. The Cutting department has 6 machines that each process materials at a rate of 2 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 2 minute = 3 units / minute
<em>2. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 3 minute = 2 units / minute
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<em>3. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 4 minute = 1.5 units / minute
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<em>4. Welding has 4 machines that each process materials at a rate of 2 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 4 × 1 unit / 2 minute = 2 units / minute
<em>5. Painting has 2 machines that each process materials at a rate of 4 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 2 × 1 unit / 4 minute = 0.5 units / minute
Then, the fifth process, painting is the slowest process because it only can process 0.5 units per minute. This is the bottleneck. Even if the other processes worked faster, the production could not exceed the number of machines that can be painted per hour.
To find how many units can be painted or produced by hour multiply the rate by the number of minutes in one hour:
- 0.5 units/min × 60 min/hour = 30 units / hour.
Therefore, the capacity of the entire five-step process is 30 units per hour.
Answer:
<h3>P3 and Q3
</h3>
The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.
Explanation:
Exhibit 9-4 Refer to Exhibit 9-4.
Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.
If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.
<h3>P3 and Q3
</h3>
The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.
True. To help travelers know what to expect researchers collect the prices of commodities. In most cases, you can find information before you travel somewhere to see the moeny you may spend on different things like hotel, transportation, food and activities. Researchers put this information up so people can look and get ideas about what they should expect to spend when traveling.
The most likely answer here is B
Answer:
A home mortgage company creates a sales promotion with incentives for potential home buyers to take advantage of a particularly favourable interest rate.
Explanation:
Companies usually give numerous promotions to their valuable customers to increase the overall sales revenue. In the above scenario, if a home mortgage company creates a sales promotion which attracts customers to buy their product and take advantage of the favourable interest rate is an example of companies focusing on macroeconomic factors. Macroeconomic forces are important for any company to improve profits.
