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horsena [70]
3 years ago
15

Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that ma

ke up the strategy through detailed refinements over a long period of time.a.trueb.false
Business
1 answer:
schepotkina [342]3 years ago
4 0

Answer:

False

Explanation:

This statement is false because operation strategy is ever changing, continually revised, reviewed and coordinated with new and latest evolving corporate strategies which will ensure efficiency and productivity remains at it peak.

You might be interested in
Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $61 per bond and classified the investment as securities
Pavel [41]

Answer:

Explanation:

In this question ,we take the difference of the per bond value based on the year. The computation is shown below:

During 2015 to During 2017:

= Number of bonds purchased × (December 31, 2017 value - 2015 value)

= 10,000 × ($92 - $61)

= 10,000 × $31

= $310,000

During 2018:

= Number of bonds purchased × (December 31, 2018 value - 2017 value)

= 10,000 × ($146- $92)

= 10,000 × $54

= $540,000

So, the total amount would be

= $310,000 + $540,000

= $850,000

This amount which reflect in the income statement as a realized gain

6 0
4 years ago
A decrease in the discount rate: Group of answer choices leads to an increase in the interbank rate charged by commercial banks.
Ivanshal [37]

Answer:

lowers the cost of borrowing from the Fed.

Explanation:

The discount rate is the rate that the Fed charges to commercial banks for overnight loans. This loans are only made when commercial banks have no other option, and represent one of the Fed's main functions: acting as lender of last resort.

When the Fed lowers the discount rate, commercial banks can access the Fed as lender of last resort at cheaper interest rates.

5 0
4 years ago
The following materials standards have been established for a particular product: Standard quantity per unit of output 4.2 pound
Maru [420]

Answer: $18,224 unfavourable

Explanation:

The materials quantity variance for the month will be calculated thus:

= Standard Cost per unit × ( Actual materials Used - Actual output)

= 13.4 × [( 4,300 - 700) × 4.2]

= $18,224 unfavourable

Therefore, the materials quantity variance for the month is $18,224 unfavourable

8 0
3 years ago
Define present value.
Igoryamba

Answer:

The present value is the value today of a sum of money to be received in the future and in general is less than the future value.

Explanation:

The formula to compute the present value is shown below:

Future value = Present value × (1 + interest rate)^number of years

or Present value = Future value ÷  (1 + interest rate)^number of years

Let us take an example

Present value = $2,750

Rate = 5.25% ÷ 2 = 2.625%

Number of years = 1 year × 2 = 2 years

So, the future value

= $2,750 × (1 + 2.625%)^2

= $2,750 × 1.0531890625  

= $2,896.27

It is done on semi annual basis. As we can see that the present value is less than the future value

3 0
3 years ago
A company wishes to hedge its exposure to a new fuel whose price changes have a 0.6 correlation with gasoline futures price chan
Anton [14]

Answer:

0.9; 100 million; 90 million; 2,143

Explanation:

The new fuel's price change has a standard deviation that is 50% greater than price changes in gasoline futures prices.

So, if standard deviation of future prices is taken as '1' then for spot price it will be 50% higher, i.e 1.5

The hedge ratio:

= Correlation × (standard deviation of spot price ÷ Standard deviation of future prices)

= 0.6 × (1.5 ÷ 1)

= 0.9

The company has an exposure of 100 million gallons of the new fuel.

Gallons in future gasoline:

= Hedge ratio × 100 million gallons of the new fuel

= 0.9 × 100

= 90 million

Each contract is on 42,000 gallons, then

Number of gasoline futures contracts should be traded:

= 90,000,000 ÷ 42,000

= 2,142.9 or 2,143

5 0
3 years ago
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