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morpeh [17]
4 years ago
15

Which of the following is an advantage of flexible manufacturing technologies? They have reduced the importance of technological

innovation in industries. They have made shorter production runs economical. They have increased the importance of production economies of scale. They eliminate the need for differentiation from competitors.
Business
1 answer:
Georgia [21]4 years ago
4 0

Answer:

They have increased the importance of production economies of scale.

Explanation:

Flexible production allows the manufacture of different types of products in the same industrial production line. This makes companies lower costs by avoiding tool change, time savings, and industry structure.

This type of economy fits into the description of economies of scale. Economies of scale are those where the increase in production results in a decrease in the average cost of the product. Increasing production - by including more products on the production line - without a proportional increase in the factory's installed capacity leads to a reduction in the average cost of production, ie it is an economy of scale.

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What population problem is India facing, and what are the consequences of this situation?<br>​
dusya [7]

Answer:

over population and the consequences are limited space, global warming, and more poor people

7 0
3 years ago
Which of the following could explain why a business might choose to operate as a corporation rather than as a proprietorship or
frozen [14]

Answer:

a. Corporations generally find it easier to raise large amounts of capital.

Explanation:

Because of limited liabiliy it is easier to raise capital.

7 0
3 years ago
Which of the following statements is CORRECT? a. The cash budget and the capital budget are developed separately, and although t
alukav5142 [94]

Answer:

e- The typical cash budget reflects interest paid on loans as well as income from the investment of surplus cash. These numbers, as well as other items on the cash budget, are expected values; hence, actual results might vary from the budgeted amounts.

Explanation:

Cash budgets are the budgets that are prepared to forecast the cashflows of the company. The amounts appearing in the Cash budget statement are the budgeted amounts measured by the company.

However, the interest to be paid on loans in the next year is a pre-determined value i.e. the rates of interest on loan are fixed and the return on investment is also fixed. Hence, these both values can be determined exactly. The other amounts appearing on the budget statement are forecasted amounts and the actual results may vary from the budgeted amounts.

3 0
3 years ago
You inherit $300,000 from your parents and want to use the money to supplement your retirement. You receive the money on your 65
spayn [35]

The constant monthly withdrawal amount can be calculated by using PMT  function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000

Constant monthly withdrawal amount  =PMT(0.07/12,240,300000)

Constant monthly withdrawal amount = $2,325.90

Constant monthly withdrawal amount = $2,326 (Option C)

3 0
3 years ago
Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses thi
postnew [5]

Answer:

Forecast sales = 115% x $700 million = $805  million

Inventory = $30.2 million + .25($805 million) = $231.45 million

Inventory turnover = Forecast sales/Inventory

                               = $805 million/$231.45

                               = 3,48 times

Explanation:

Inventory turnover is the ratio of sales to inventory. Inventory is $231.45 million while forecast sales is $805 million. The division of sales by inventory gives inventory turnover.

3 0
4 years ago
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