I believe the answer is <span>. low cost
Customers do not buy scooter as an effort to increase their social status, but simply for an object that help them travel faster near their neighborhood.
Since the company does not mention any particular advance invention, i believe their price would be their main attraction.</span>
Answer: c. not included in GDP because they are not payments for currently produced goods or services.
Explanation: Transfer payments are usually not included in the GDP because they do not represent payments made for recently produced goods or services.
The Gross Domestic Product (GDP) is the monetary value attached to all finished goods and services produced within a country during a time period.
Answer:
5.22 minutes
Explanation:
Given that,
Average inventory turnover = 12 times per year
Setup Labor Cost (L) = $30 / hr
Annual Holding Cost (H) = $12 / Unit
Daily Production (P) = 976 Units / 8 Hour Day
Annual Demand (D) = 30,000 (250 days each × daily demand of 120 units)
Desired Lot Size (S) = 122 units (One Hour of Production)
Setup cost:
= 2.61
Setup time:
= 0.087 hours or we can say that 5.22 minutes.
Therefore, To obtain the desired lot size, the set-up time that should be achieved = 5.22 minutes