Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti
c injection molding machine (which can be sold for $2 million immediately) and $300,000 in plastic injection molds specifically for the toy (not valuable to anyone else). The cost of labor and materials necessary to make each truck runs about $10. This year, a competitor has developed a similar toy, significantly reducing demand for the toy truck. Now, the original manufacturer is deciding whether it should continue production of the toy truck. If the estimated demand is 100,000 trucks, the break-even price is $ per truck.
Explanation: A compliance program is a set of policies,guildline,rules and standard operating agreement/ procedure put in place within an organization to ensure effective handling of activities. All the stated are features of an effective compliance program like Establishment of compliance standards of conduct and procedures,overall compliant oversight, due care in delegation of authority ( a necessary feature to ensure competent persons are delegated), monitoring and auditing, conducting effective communication channels, conducting effective training, responding and addressing failures).
E p = m · g · h E p ( book ) = 0.35 kg · 9.8 m/s² · 2 m = 6.86 J E p ( picture frame ) = 6.86 J ( same gravitational potential energy as the book ) 6.86 = 0.5 · 9.8 · h 6.86 = 4.9 h h = 6.86 : 4.9 h = 1.4 m Answer: ... to a height of 1.4 m.
