Based on the actions of Jameson Machinery Inc, we can infer that they want to benefit from<u> First Mover Advantage. </u>
<u />
First Mover Advantage:
- Involves being the first company or brand to enter a certain industry
- Gives the brand a competitive advantage and customer loyalty over other competitors
- Allows company to perfect services offered
In trying to get to South America first and having their brand established, Jameson hopes to benefit from first mover advantage which would see them have a competitive advantage over competitors that come later.
In conclusion, Jameson hopes to benefit from First-Mover Advantage.
<em />
<em>Find out more at brainly.com/question/14663095. </em>
Answer:
There are some indirect social costs that are included in marginal cost of firms. such as climate change due to green house gas emission, pollution, systemic risk (risk that banking system takes). These costs impose negative effect on economy and are not directly borne by consumer or producer.
There are some indirect social gains that are not included in price paid for good, such as driving an electric vehicle, improved education, fire proof homes, construction and operations of public goods like parks, street lights. These benefits impose positive effect on economy and are n directly borne by consumer or producer.
Contract outlining the terms under which a landlord agrees to rent property to a tenant :)
Complete Question:
You are considering the purchase of a new machine to help produce a new product line being introduced. The machine is expected to have a setup time of 10 minutes per batch and a processing time of 2 minutes per part. You plan to have batch sizes of 50 parts. The plant operates 8 hours per day.
What is the capacity of the machine in batches per day?
Answer:
The capacity of the machine in batches = 4 batches per day.
Explanation:
a) Data and Calculations:
Set up time per batch = 10 minutes
Processing time per part = 2 minutes
Batch sizes = 50 parts
Plant operation = 8 hours per day
b) Capacity in batches per day:
Total batch time = 10 + 50 * 2 = 110 minutes
Total minutes of operation per day = 8 * 60 = 480 minutes
Capacity in batches = 480/110 = 4.36 or approximately 4 batches
c) Each batch produces 50 parts with each part taking some 2 minutes and an additional batch setup time of 10 minutes, giving a total of 110 minutes per batch. Since there are some 480 (8 * 60) minutes available per day, it means that the entity can only run about 4 batches (480/110) per day. These 4 batches will consume a total of 440 minutes (110 x 4), leaving some 40 minutes as unutilized time.
The correct answer is B- Civil Law
