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posledela
3 years ago
7

A company makes three products that have the following characteristics: Product A sells for $75 but needs $50 of materials to pr

oduce. It requires 5 minutes on the bottleneck Product B sells for $90 but needs $60 of materials to produce. It also requires 5 minutes on the bottleneck. Product C sells for $110 but needs $70 of materials to produce. It requires 10 minutes on the bottleneck. Using the traditional method, in what sequence should products be scheduled for production
Business
2 answers:
s2008m [1.1K]3 years ago
4 0

Answer:

Sequence is CBA

Explanation:

Contribution margins:

A =75-50-5 = 20

B =90-60-5 =25

C =110-70-10 =30

Sequence is C,B,A

MissTica3 years ago
3 0

Answer:

The products then should be scheduled for production in the sequence C,B,A

Explanation:

Acording to the details of the question Product A requires 5 minutes on the bottleneck, Product B requires 5 minutes on the bottleneck and Product C requires 10 minutes on the bottleneck.  

So the Contribution margins of each of the products can be calculated as follows:

A =75-50-5 = 20

B =90-60-5 =25

C =110-70-10 =30

The products then should be scheduled for production in the sequence C,B,A.

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Answer:

Lexicographic decision rule

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A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.

When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.

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6 0
3 years ago
management information systems allow managers to build upon an organization’s existing strengths to create
My name is Ann [436]

An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.

This is further explained below.

<h3>What is a competitive advantage?</h3>

Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.

In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.

In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.

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Complete Question

management information systems allow managers to build upon an organization’s existing strengths to create

elastic demands.

competitive advantages.

SWOT analyses.

barriers to entry.

6 0
1 year ago
Interest rates on a loan provide what key information?
vesna_86 [32]

Answer:

d

Explanation:

i just took the test my gee

6 0
3 years ago
During a presidential campaign, the incumbent argues that he should be reelected because nominal GDP grew by 12 percent during h
bearhunter [10]

Answer:

Grew by 2%

Explanation:

Given: nominal GDP =12% positive value cause it grew by 12% during these years.

              Population grew by 4%

              GDP deflator = 6% positive value cause it also grew by 6%

Question says we must find real GDP per person for the 4 year term that the president has served for so we will use the formula to calculate GDP Deflator to actually solve for Real GDP as we know the formula is GDP Deflator= (nominal GDP per person%)/(Real GDP per person%)x100

So we already have the nominal GDP and the GDP deflator therefore we substitute to the above formula:

6% = (12%)/ (Real GDP per person percentage) x100, and now we solve for Real GDP per person%

Therefore we multiply both sides with Real GDP percentage and get:

Real GDP per person %( 6%) = 12% and then we divide both sides with 6%,

Therefore Real GDP is 2% so we also see that real GDP has actual grown by 2% because the GDP deflator grew instead of decreasing where nominal GDP is also positive so if we have a fraction where an answer is positive we know both fraction values must be positive pus if the GDP deflator increases both nominal and Real GDP increase and that’s the relationship they have.

4 0
3 years ago
which term is defined as the state government granting power, license, or real property to a private individual or individuals u
insens350 [35]

law on property rights is defined as the state government granting power, license, or real property to a private individual or individuals using a land patent

A property's legal ownership and permitted uses are governed by property right law. When it comes to land, it has been noted that theft is common. People who purchase properties often lose them to thieves when they are resold to someone else who is unaware that the property has already been sold to someone else. The property right law was established to stop this circumstance from occurring frequently so that the owner of a plot of land would have the legal right to claim ownership for it and use it for any purpose he desired without fear of it being taken by someone else.

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6 0
1 year ago
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