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Archy [21]
3 years ago
13

What strategy of modern manufacturing is Adam Smith referring to in this statement? "To take an example, therefore, from a very

trifling manufacture . . . the trade of the pin-maker. . . . One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head; to make the head requires two or three distinct operations; to put it on is a peculiar business, to whiten the pins is another; . . . the important business of making a pin is, in this manner, divided into about eighteen distinct operations."—Adam Smith, The Wealth of Nations
Business
1 answer:
Katarina [22]3 years ago
5 0
The strategy of modern manufacturing which Adam Smith was referring to is SPECIALIZATION.
Division of labour involves the division of a production process into many stages, each of which is handled by different employees. Division of labour leads to specialization; this is because one develop expertise in any skill that one engage in continuously. 
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Thomas's writing a report for his advertising class to analyze corporate campaigns and ad slogans. To compile his report, he nee
GenaCL600 [577]

Answer:

b)

Explanation:

Based on the scenario being described within the question it can be said that the most efficient fix for this error would be to use Find and Replace. This is a feature that allows you to type the error that you made, and the console will find every instance of that error throughout the entire document and change each iteration to whatever you want.

4 0
3 years ago
Crane Flight Services contributes $25 a week to Helen's retirement plan starting immediately. Assuming she works for Crane for a
Zigmanuir [339]

Answer:

The value of this employee benefit today is closest to $17,758.66

Explanation:

Crane Flight services per week contribution C = $25

Discount rate per r=4.75%

Discount rate per week r= 4.75% / 52 =0.0913%

Total Payment N = $52 * 22 years = $1,144

Current value of employee benefit P = C*(1+r)*(1-(1+r)^-N)/r

P=25*(1+0.0913%)*(1-(1+0.0913%)^-1144)/0.0913%

P = 25 * (1.000913) * (1 - (1.000913)^-1144)/0.000913

P = 25 * (1.000913) * 1 - 0.3520453/0.000913

P = 25 * (1.000913) * 709.6985

P = 17758.661368

P = $17,758.66

7 0
3 years ago
Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she bud
Basile [38]

Answer:

14.83%

Explanation:

Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?

$1820 semimonthly = 1820 x 2 monthly = $3,640

Annual expenses budget  = $54

Percentage of her net monthly income budgeted for annual expenses = (54 / 3, 640) x 100 = 14.83%

6 0
3 years ago
One of the objectives of facility location analysis is to select a site with the lowest total cost.
LUCKY_DIMON [66]

Answer:

The correct answer is E

Explanation:

Product life cycle costs is the cost which is linked or associated with the product for the whole life cycle of the product. It traces the revenues or costs of each and every product over the calendar years or periods throughout the whole life cycle.

So, this cost will be included in the analysis as the hidden costs.

6 0
3 years ago
Selected accounts with a credit amount omitted are as follows
777dan777 [17]

Answer:

b.$9,290

Explanation:

Calculation for What was the balance of Work in Process as of April 30

WORK IN PROCESS=[(61,100+191,300+57,390)-306,600]+6,100

WORK IN PROCESS=(309,790-306,600)+6,100

WORK IN PROCESS=3,160+6,100

WORK IN PROCESS=$9,290

Therefore the balance of Work in Process as of April 30 will be $9,290

5 0
3 years ago
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