All categories

3 years ago

Cost of transporting raw materials in the manufacture of steel is unimportant in considerations of where to locate a steel mill.

Business

1 answer:

V125BC [204]3 years ago

4 0

Answer:

The correct answer is False.

Explanation:

The manufacture of iron and steel involves a series of complex processes, whereby iron ore is extracted to produce steel products, using coke and limestone. The conversion processes follow the following steps:

(a) coal coke production, and by-product recovery,

(b) mineral preparation (eg, synthesize and form pellets),

(d) steel production, and

(e) casting, laminating and finishing.

You can perform these steps in a single installation, or in several completely separate locations. In many developing countries, scrap steel is manufactured in an electric arc furnace. Therefore, steps (a) through (c) may not always be applicable to all steelmaking projects. An alternative way to produce steel is that of direct reduction, using natural gas and hydrogen. The product of this process, spongy iron, becomes a steel arc furnace; then the ingots melt, and for this the non-flat products are produced with one or two laminators. They are called "mini factories".

You might be interested in

Suppose that your firm manufactures toy flying drones. monthly demand for the drones is 46,000 units. setup cost per order is $1

3241004551 [841]

Hdjfjfjdjjfnfjfuwndukebcuenhc

6 0

3 years ago

Why do complex decisions often raise ethical considerations for the entrepreneur?

dlinn [17]

Complex decision often needed to be done by cutting off several corners for the most efficient decision to be enactdd.
For example, during the period when business slowed down, one of the most efficient method to maintain the level of profit is simply by cutting down excessive amount of empployees, but that action is considered unethical

3 0

3 years ago

"a(n __________ accepts savings and checking account deposits and provides home mortgage loans."

zaharov [31]

The answer that will fill in the blank is savings and loan association. It is because a savings bank has the capability of providing an individual the ability acquire loans and that they could save and deposit on their bank. The loan association also provide these instances for they have the capability to do so.

7 0

3 years ago

In an effort to "support" the price of some agricultural goods, the Department of Agriculture pays farmers a subsidy in cash f

docker41 [41]

Answer:

The Agriculture Department argues that the subsidy increases the "cost" of planting and that it will reduce supply and increase the price of competitively produced agricultural goods.

Explanation:

The department is correct with the agreement that subsidies increase the cost of planting, as the subsidy will decrease with the decrease in area planted and this will increase the output available.

As the subsidy is paid for un-planted area it will be increasing cost, and decreasing quantity of output.

This is clearly true, as they are directly related and this will increase the prices as supply will be low and high demand.

This need to be regulated properly, as no subsidy will discourage farmers, but high subsidies will also discourage farmers.

8 0

3 years ago

A recent consumer survey conducted for a car dealership indicates that, when buying a car, customers are primarily concerned wit

Gemiola [76]

Answer: a. communication, courtesy, and credibility

Explanation:

The Consumer survey showed that when buying a car customers are interested in the salesperson's ability to explain what the car does and what it's has, in short it's features. This means that they would like a Salesperson that Communicates effectively, the need for the car.

Dealers should therefore be very concerned with the communication skills of their sales people.

The Consumers would also like a friendly person. This is simple Courtesy. The sales person must be able to show courtesy to the customers to entice them to buy a car and so Dealership management should be very worried about this.

A final thing the Dealer should be worried about is Credibility. Consumers want to know if the Dealer is credible in that if the claims the dealer is making is true and honest. Too many salespersons say anything to get people to buy things even if it is a lie. A car is a big investment and so consumers would very much like to avoided being lied to.

5 0

3 years ago