Venya and Kari would be able to produce 50 potted plants on Day 3.
<h3>What is a production possibility?</h3>
This curve is an economic tool that illustrates varying amounts of two products that can be produced when both depend on the same finite resource
Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.
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The question is incomplete. The complete question is as follows,
The Waverly Company has budgeted sales for the year as follows:
Quarter sales in unit
1=12,000
2=14,000
3=18,000
4=16,000
The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,000 units. Scheduled production for the second quarter (in units) is:
a.17,500 units.
b.16,500 units.
c.15,000 units.
d.13,000 units.
Answer:
Production = 15000 Units
Option C is the correct answer
Explanation:
To calculate the scheduled production for the second quarter, we first need to find the opening and ending inventory for the third quarter. The ending inventory for each quarter will become the opening inventory for next quarter. It is mentioned in the question that the ending inventory in each quarter is equal to 25% of the next quarter's budgeted sales. Then,
Ending Inventory First Quarter = 0.25 * 14000 = 3500 units
Ending Inventory Second Quarter = 0.25 * 18000 = 4500 units
The production of units in second quarter can be calculated as follows,
Budgeted Sales = Opening Inventory + Production - Closing Inventory
14000 = 3500 + Production - 4500
14000 + 4500 - 3500 = Production
Production = 15000 Units
Answer:
The correct answer is letter "A": research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity.
Explanation:
In an attempt to expand their operations, companies must analyze the market where they are planning to handle businesses. For such a purpose, entities must use two important tools which are segmentation and targeting. Segmentation is the classification of the market that differentiates customers by different features such as age, gender or income.
Targeting refers to selecting a specific sector of the market to whom the product planned to be manufactured will be offered. The steps an organization should follow to conduct the segmentation and targeting correctly are:
- <em>Research and validate marketing opportunity (in the beginning)
</em>
- <em>Identify business needs
</em>
- <em>Segment total market
</em>
- <em>Profile target customer segment
</em>
- <em>Research and validate marketing opportunity (at the end)</em>
Without having the context that you are referring to "maxed out" can mean several things such as a credit card being at the limit and no more credit is available. I will post other examples below of the phrase "maxed out."
Further Explanation:
When a credit card is "maxed out" it means that the cardholder has spent all of the credit line that they have been given. The cardholder will have to pay down their interest and principal on the card to get more credit on the card.
It could also be when someone is "maxed out" with their exercising or lifting. They can't do anymore since they have maxed out at their limit.
Another example of "maxed out" is when a person has reached their limit and can't take anymore of school, work, or even friends.
One last example is "maxed out" on a game. A person who is "maxed out" on a game may of reached the highest level of the game. In a game, it could mean that the amount of supplies that a player can get is "maxed out." The player may have to pay to get more storage or use some items that they may have. They may also have the option to upgrade, depending on the game.
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