Answer:
The first reason that makes indirect production superior to direct production is the refining of the end product.
The second reason that makes indirect production superior to direct production is the value the produced good acquires.
The third reason that makes indirect production superior to direct production is the durability of the product is longer.
The fourth reason that makes indirect production superior to direct production is the produced good can be employed in many different other products.
Explanation:
The reasons behind this answer are that in the first place the indirect production allows a producer to refine the raw product to a level in which it can be used to obtain more from it. For example, gasoline as a product can provide us more energy than the oil itself. Also, it obtains a bigger value and it can be used for a longer time. So, in other words, indirect production is the refining of raw materials to obtain more from them.
"Factor of Production" is the force that combine to make the production of products and services possible.
Explanation:
Factor of production involves land, labor, capital, and entrepreneurship.
Land:
The important factor is that it creates major revenue through oil, gases and other possible resources which can be obtained from the land.
Labor: Starting from the person who brought bricks to build the company till the top management of the company are part of the Labor factor.
Capital: A factor which implicitly support as a factor of production. Without capital there is no chances of production or providing wages.
Entrepreneurship: These are the brainstorms who plan and create product and sits at the top level and make production and service possible.
Answer:
The Number of kanban card sets is 2.
Explanation:
c = 5
T = 2 hours
d = 3 vehicles/hour
N = d*T(1 + ss)/C
= 3*2(1 + 0.30)/5
= 1.56
Therefore, The Number of kanban card sets is 2.
Answer:
The capitalized cost is $ 84,667.20
Explanation:
First of all please note that the cost of $ 75,000 is already the present cost.
The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.
The capitalized cost then can be calculated as follows
:
CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest
CC = $ 75,000 + $ 3,200(0.3021)/0.1
CC = $ 75,000 + $ 9,667.2
CC = $ 84,667.20
I would pick D. Because the customer would be giving feedback from their own personal experience from the product they bought.