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3 years ago

Generally speaking the opportunity recognition process consists of two phases of activity. they are and .

Business

1 answer:

Lilit [14]3 years ago

6 0

Recognition process consists of two phases of activity, they are "discovery" and "evaluation".

Opportunity discovery is a deliberate advancement process that creates new thoughts, consolidates them to frame potential openings, and after that distinguishes the most encouraging ones for analysis that sets up the reason for business improvement and while complete evaluation of a business opportunity incorporates a hazard evaluation. A genuine evaluation of the potential dangers innate in your new business can enable you to get ready for conceivable issues and choose whether the dangers are worth the investment.

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Krepps Corporation produces a single product. Last year, Krepps manufactured 35,040 units and sold 29,600 units. Production cost

marissa [1.9K]

Answer:

Ending Inventory will be valued at $171,604

Explanation:

Your question was incomplete, I have attached the full question as an image below.

Ending Inventory = Total manufacturing cost × Ending Inventory / Units Manufactured

where,

Total Manufacturing Cost Calculation :

Direct materials $266,304

Direct labor $157,680

Variable manufacturing overhead $297,840

Fixed manufacturing overhead $385,440

Total Manufacturing Cost $1,107,264

Ending Inventory = $1,107,264 × (35,040 units - 29,600 units) / 35,040 units

= $171,604

Therefore, ending Inventory will be valued at $171,604

7 0

3 years ago

Classify the type of data analytics (descriptive, diagnostic, predictive, prescriptive, or adaptive and autonomous) being use

olga2289 [7]

Based on the definitions of these data analytic types, the following are true:

a. Descriptive analysis
b. Descriptive analysis
c. Prescriptive analysis
d. Diagnostic analysis
e. Predictive analysis
f. Diagnostic Analysis
g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

Find out more about data analysis at brainly.com/question/25782746.

6 0

2 years ago

The town of Pittsford, NY is in need of a new water treatment plant to meet its average daily demand of 18, 000 m3/d and is acce

svlad2 [7]

Answer:

The 1st plant with a storage reservoir is a better option as compared to that of the 2nd plant.

Explanation:

Suppose the factor for variation in hourly demand is 2 So the average hourly demand is given as

Average Hourly Demand=Factor x Average Daily Demand

AHD=2 x 18000 m3

AHD=36000 m3

For the first pump

The Quantity in storage tank is 3975 m3

So the amount of pumping required is

$Q_{pump1}=AHD-Q_{reservoir}\\Q_{pump1}=36000-3975 \\Q_{pump1}=32025 m^3$

For this value the pump will work for following hours

$t_{pump1}=\frac{Q_{pump}}{pumping rate_1}\\t_{pump1}=\frac{32025}{1750}\\t_{pump1}=18.3 \, hours$

So the pump 1 can complete the demand of the town by working for 18.3 hours.

Now in order to complete the demand, the second pump is given as

$Q_{pump2}=AHD\\Q_{pump2}=36000 m^3$

For this the pump will work for as

$t_{pump2}=\frac{Q_{pump2}}{pumping rate_2}\\t_{pump2}=\frac{36000}{2250}\\t_{pump2}=16 \, hours$

So the pump 2 requires 16 hours to complete the demand of the town.

Here it is important to note that the realistic demand of the water can vary from the average value and thus when there is a drastic requirement of water in certain cases, the pump 2 will fail. Also pump 2 has to be run continuously and will produce excessive water which will be wasted if the hourly demand is less than that of the production value.

In context of this, the 1st plant with a storage reservoir is a better option as compared to that of the 2nd plant.

3 0

3 years ago

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0

3 years ago

Bramble Furniture Company started construction of a combination office and warehouse building for its own use at an estimated co

Anestetic [448]

Answer :

Avoidable interest = $427,298.28

Explanation :

With the help of following steps we can calculate the avoidable interest on this project :

Interest payable on short term loan = $1,612,700 × 10% = $161,270

Interest payable on long term loan = $1,005,400 × 11% = $110,594

Therefore,

Weighted average interest rate = ($161,270 + $110,594) ÷ ($1,612,700 + $1,005,400) × 100

= 10.38%

Now

Avoidable interest is

= [$1,986,000 × 12%] + [($3,806,600 - $1,986,000) 10.38%]

= $427,298.28

5 0

3 years ago

Generally speaking the opportunity recognition process consists of two phases of activity. they are ________ and ________.

Generally speaking the opportunity recognition process consists of two phases of activity. they are and .