Answer:
Time needed to complete the 4th unit = 57.80 hours
Explanation:
<u><em>The learning curve theory</em></u><em> states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate</em>
Total time = Average time × cumulative number of units
The cumulative average time is determined using the formula below:
Y= aX^b
a - time taken for the first unit produced
b = log LR/Log 2
X- cumulative units till date
Y - cumulative average time taken for X units
LR- Learning rate
LR = 68/80 = 0.85 = 85%
<em>Time needed to complete the 4th unit</em>
= Learning rate × time take for the 2 unit
= 85% × 68
= 57.80 hours
Time needed to complete the 4th unit = 57.80 hours
The answer is A.
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
A competitive institutional advertising is a marketing strategy wherein a company describes itself and where is it located. It is an effective means of advertising because it creates a good image and has its unique philosophy that causes significant attraction to the consumers.
Answer:
Re-intermediation
Explanation:
Re-intermediation is the method applied by most businesses in using the internet to bring together new customers for a business. The advent of technology can afford business owners the possibility of eliminating physical intermediaries in a business. For example, house agents help people who are seeking for new places to live in, find houses easily. Through the internet, however, landlords can directly advertise their vacant houses, thus eliminating the agent relationship which would have served as an intermediary.
So, when established manufacturers by-pass Amazon (which is an intermediary between buyers and sellers) by adding online services to their existing offerings, they have done a re-intermediation.
Answer:
$44,955.10
$38,131.84
Explanation:
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Investment X
Cash flow each year from year 1 to 9 = $6900
I = 7%
PV = $44,955.10
Investment Y
Cash flow each year from year 1 to 5 = $9300
I = 7%
PV = $38,131.84
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
