Answer:
Any product that is standardized product has potential for learning curves. Scientific management talks a lot about developing efficiencies. Fredrick Taylor who was the founder of scientific management says that their is always one best way to do things. All we have to do is find that way and implement it. Furthermore the learning curves comes with continuously doing a single job over and over again. The person assigned such jobs will develop learning curves. Suppose you only teach a single topic which is opportunity cost then you will develop in depth knowledge of the topic and you can answer any question plus you are able now to deliver the concept in very less time. So repetition brings learning curves. Learning curves are more prominent if a single repetitive task is broken down into multiple small tasks and each labor is assigned one of these tasks which results in learning curve.
The best way to exploit learning curve is breaking down single repetitive task into multiple tasks and assigning them to each labour.
This is how we can create learning curves in our organization.
Answer:
$ 347,818
Explanation:
Intrinsic value of property = Net operating income / Capitalisation rate
WHILE
Net operating income = Earning from property - Operating expenses which is related to property
Earning from Property =
($8600+$200)*12*85%
=$8800*12*0.85
=$89,760
Operating expenses;
Property tax $10,000
Insurance $3,500
Advertising expenses $1,500
Maintenance cost $12,500
Interest expenses $24,00
Total $51,500
Net operating income =$89,760-$51,500
=$38,260
Net operating income for perpetuity
Intrinsic value = 38260/0.11
=$ 347,818
Therefore the intrinsic value of the property is $ 347,818
I’m not sure about this I’m just tryna get more point sorry