1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr Goodwill [35]
3 years ago
13

The constraint at Johngrass Corporation is time on a particular machine. The company makes three products that use this machine.

Data concerning those products appear below: VT UV LQ Selling price per unit $335.09 $228.37 $199.12 Variable cost per unit $259.44 $173.26 $159.79 Minutes on the constraint 6.60 3.40 4.60 Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource
Business
1 answer:
Brums [2.3K]3 years ago
7 0

Answer:

$8.55 per minute

Explanation:

The computation of willing to pay to acquire more of the constrained resource is shown below:-

= (Selling price - Variable cost) ÷ Minutes on the constraint

= ($199.12 - $159.79) ÷ 4.60

= $39.33 ÷ 4.60

= $8.55 per minute

Therefore for computing the willingness to pay to acquire more of the constrained resource we simply applied the above formula.

You might be interested in
B. At one time, the centrally planned economy of China encouraged farmers to produce
gladu [14]

Answer:

At one time, the centrally planned economy of China encouraged farmers to produce  iron in their backyards, rather than have factories make iron. This proved unsuccessful,  since most of the farmers' iron was of poor quality. Why do you think this approach was  unsuccessful? How could this experiment become a success in a free market economy?

The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.

The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved

Explanation:

3 0
3 years ago
Chicago​ Steel's operating activities for the year are listed below.Beginning inventory​ $1,000,000Ending inventory​ $350,200Pur
OlgaM077 [116]

Answer:

Gross Profit         100700

Explanation:

Beggining Inventory  1000000

Purchases                  750400

Inventory comsuption             x

Ending Inventory          350200

 

Ending I=begginin Inv+Purchases-comsuption  

Comsuption= 1400200  

 

Sales revenue 1500900  

Cost               1400200  

Gross Profit         100700  

3 0
3 years ago
The economists at JET Consulting consider Campbell’s Soup to be an inferior good. During a recession, when the income in the eco
Ksenya-84 [330]

Answer:

Shift to right

increase

increase.

Explanation:

Demand curve:- It is a representation of number of units of a service will be bought at which price. It is a graph or plot between price and quantity.price on y-axis and quantity on x-axis.

To bring the equilibrium the the demand curve is needed to shift to right to increase the equilibrium of the price and quantity.

3 0
3 years ago
The table below represents daily production possibilities for a typical worker in both China and the United States, assuming tha
xxTIMURxx [149]

Answer

Answer

Answer

Answer

7 0
2 years ago
Geert Hofstede undertook what is probably the most famous study of how culture relates to values in the workplace. Through his r
polet [3.4K]

Answer:

a. Ming - Power Distance

b. Ben - Individualism and Collectivism

c. Elena - Uncertainty Avoidance

d. Jiro - Masculinity / Femininity

e. Bill - Time Orientation

Explanation:

Ming has shown characteristics of power distance as she considers herself to be superior of others. There is unequal distribution of power and Ming accepts it. Ben is more towards freedom and he does not want any one to interfere in his matters. Elena is a risk averse person who does not takes risk and follows the same routine everyday in order to avoid any uncertainty.

6 0
3 years ago
Other questions:
  • Kansas Company acquired a building valued at $162,000 for property tax purposes in exchange for 12,000 shares of its $3 par comm
    15·1 answer
  • The clientele of black & company's audit practice consists primarily of privately-owned small and middle market companies. r
    13·2 answers
  • Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co
    15·1 answer
  • Megan Brink is offered the possibility of investing $6,651 today at 6% interest per year in a desire to accumulate $10,000.
    13·1 answer
  • Bossa Nova founder and CEO Alton Johnson was fascinated with the fruits of Brazil, a fascination that led him to develop juices
    12·1 answer
  • The independent variable in the hypothesis "the longer a U.S. line worker has been employed at a U.S.-based assembly plant, the
    9·1 answer
  • how does the IoT and Big Data currently play into your job, your organization and the industry? Are these two things connected a
    9·1 answer
  • At the end of a reporting period, a company determines that its ending inventory has a cost of $300,000 and a net realizable val
    13·1 answer
  • Ellie purchases an insurance policy on her life and names her brother, Jason, as the beneficiary. Ellie pays $41,000 in premiums
    9·1 answer
  • What analysis feature of a decision support system (DSS) pinpoints the region that generated the highest total sales
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!