Answer:
planning
Explanation:
Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.
Answer:
$3,750
Explanation:
The computation of the annual holding cost is shown below:
= Economic order quantity ÷ 2 × holding cost per box per year
where,
Economic order quantity = 500 boxes
And, the holding cost per box per year is $15
Now putting the values to the above formula
The annual holding cost is
= 500 boxes ÷ 2 × $15 per box per year
= 250 boxes × $15 per box per year
= $3,750
The 4 Major characteristics of a mineral are:
1. It is formed by natural processes, not man-made.
2. It is inorganic, it's not alive, it will never be.
3. It is a crystalline solid, a definite volume and shape with a repeating structure.
4. It can be an element or compound with a definite chemical composition, made the same each time with and orderly arrangement of atoms.
Answer:
60%
Explanation:
Data provided as per the question is below
Design capacity = 50 cords per day
Effective capacity = 40 cords per day
Actual output = 30 cords per day
The computation of utilization is shown below:-
Utilization = Actual output ÷ Design capacity
= 30 ÷ 50
= 0.6
or 60%
Therefore for computing the utilization we simply divide design capacity by actual output.
It is important because that is how you budget and how you are able to save money if an emergency comes up
