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Nadusha1986 [10]
3 years ago
9

With the introduction of robotics to automotive manufacturing, there have been sweeping changes to the automotive assembly line,

management and operations at plants. As an example, in a truck manufacturing plant, identify who would most likely be impacted by this technology change and suffer long term structural unemployment?
Business
2 answers:
zysi [14]3 years ago
4 0

Answer:

With the introduction of robotics to automotive manufacturing, there have been sweeping changes to the automotive assembly line, management and operations at plants. In a Truck manufacturing plant, the following will be most likely impacted by this technology change and suffer long term structural unemployment

  • Truck drivers
  • Engineers
  • Administrative Staff

Explanation:

Structural unemployment results from industrial reorganization, due to technological change, rather than fluctuations in supply or demand.

Those that will be hardest hit are truck drivers, manual laborers and certain administrative staff whose tasks that involves inventory management, stock keeping, etc who will be replaced with automated trucks.

Some engineers such as mechanical engineers may be replaced by robots. However, this will create room for another profession - Robotics engineering.

Robotics engineers who work for robot manufacturers are sometimes called robotics test engineers or automation system engineers. These engineers apply the robotic system to a particular use on a manufacturing assembly line. They also create an integrated environment between people and machinery.

9966 [12]3 years ago
3 0

Answer:

An assembly line worker with 10 years of screwing together truck panels and a high school diploma

Explanation:

The assembly worker is involved in manual work and he is most likely to lose his job due to automation. Also, since he is just a high school diploma holder, he lacks better skills to switch to higher level jobs.

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melisa1 [442]

Answer:

$5

Explanation:

Equilibrium is when the quantity demanded equals the quantity supplied.

At $5, quantity demanded = quantity supplied = 6

At the other prices, quantity demanded isn't equal to quantity supplied.

I hope my answer helps you

7 0
3 years ago
A chart that shows the connection between consumer demand and price is a:
Tomtit [17]

The answer is D. Demand Schedule

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8. The basic economic problem that arises because people have unlimited 1 point
Kipish [7]
8. This is called scarcity

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2 years ago
Cold Chiller Corporation (CCC) has annual sales of $10 million, cost of goods sold of 60 percent, average age of inventory of 80
inessss [21]

Answer:

Cold Chiller Corporation (CCC)

Investment in cash conversion cycle:

= $10 million x 60% = $6million

which is invested for 145 (80 + 35 + 30) days before being realized as cash.

Explanation:

The cash conversion cycle (CCC) is a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales.  It gives us an indication as to how long it takes a company to collect cash from sales of inventory. Often a company will finance its inventory instead of paying for it with cash up front.

The formula for the Cash Conversion Cycle is:

CCC = Days of Sales Outstanding PLUS Days of Inventory Outstanding MINUS Days of Payables Outstanding.

CCC = DSO + DIO – DPO.

Days of Sales outstanding:

DSO = [(Beginning Accounts Receivable + Ending Account Receivable) / 2] / (Revenue / 365)

Days of Inventory Outstanding:

DIO = [(Beginning Inventory + Ending Inventory / 2)] / (COGS / 365)

Operating Cycle = DSO + DIO.

Days of Payables Outstanding:

DPO = [(Beginning Accounts Payable +Ending Accounts Payable) / 2] / (COGS / 365)

6 0
3 years ago
Which of the following statements is correct?
Kay [80]

Answer:

The correct answer is letter "C": The demand for bourbon whiskey is more elastic than the demand for alcoholic beverages in general.

Explanation:

Elasticity is a measure of the response of variables to a shift in a certain variable. It can explain to what degree the supply or demand for a product or service shifts with the price of the goods or the income of customers. <em>Basic staples such as milk or gasoline tend to be low in elasticity</em>. This is because to change the quantity demanded involves a meaningful change in price or customer income. <em>It's said that luxury goods like high-end vehicles and electronics have high elasticity</em>.

Thus, <em>bourbon whiskey is considered as a luxury beverage compared to other alcoholic drinks. Thus bourbon whiskey is more elastic</em>.

4 0
3 years ago
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