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quester [9]
4 years ago
9

A large-scale bakery is laying out a new production process for its packaged bread, which it sells to several grocery chains. It

takes 12 minutes to bake the bread. How large of an oven is required so that the company is able to produce 4200 units of bread per hour (measured in the number of units that can be baked simultaneously)
Business
1 answer:
Nataliya [291]4 years ago
4 0

Answer:

840 breads size oven.

Explanation:

According to Little's law,

Inventory = flow rate × flow time

Inventory (I) is the number of flow units that are currently handled by a business process.

I= unknown

Flow rate (R) is the number of flow units going through the business process per unit time.

R= 4200 breads per hour or 70 breads per minute (4200/60)

Flow time (T) is the amount of time a flow unit spends in a business process from beginning to end.

T= 12 minutes.

Inventory = flow rate × flow time

Inventory = 70 breads per minute × 12 minutes

Inventory = 840 breads size oven

Therefore, for the company to produce 4200 breads per minute, 840 breads size oven is required.

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Suppose that the demand curve for compact disks is given by P = 600 – Q and that the supply curve is given by P = 0.5 Q, where Q
otez555 [7]

Answer: -0.5

Explanation:

From the information given,

Demand curve = P = 600 – Q

Supply curve = P = 0.5Q

Equilibrium = Qd = Qs

Therefore, 600 - Q = 0.5Q

600 = Q + 0.5Q

600 = 1.5Q

Q = 600/1.5

Q = 400

Since P = 600 - Q

P = 600 - 400

P = 200

Price elasticity will be:

= (dQ/dP) × (P/Q)

=(-1) × (200/400).

= -1 × 0.5

= -0.5

The price elasticity is -0.5

7 0
3 years ago
Insurance is an example of a(n)_______
Andre45 [30]

Answer:

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Explanation:

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8 0
3 years ago
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Pick the correct statement from below. a. Stocks can only be assigned one dividend growth rate. b. Preferred stocks generally ha
Pani-rosa [81]

Answer:

e. Stocks can have negative growth rates.

Explanation:

According to the given options, the option e is correct as the growth rate could never be zero and positive as it is not necessary that the growth rate should be same or constant

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8 0
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Calgary Industries is preparing a budgeted income statement for 2018. Predicted sales for the year are $760,000 and cost of good
vivado [14]

Answer:

The budgeted net income for 2018 is : $195,300

Explanation:

Prepare the budgeted income statement for 2018 as follows :

Sales                                                         $760,000

Less Cost of Sales ($760,000 × 40%)   ($304,000)

Gross Profit                                               $456,000

Less Expenses :

Selling Expenses                                       ($84,000)

General and administrative                       ($93,000)

Net Income before tax                              $279,000

Income tax expense ($279,000 × 30%)    ($83,700)

Net Income for the year                             $195,300

Conclusion :

The budgeted net income for 2018 is : $195,300

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You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion. At the reunion your brot
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