Answer:
Explanation:
A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.
B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.
C) Carlos could either lower costs by using cheaper materials or hire more employees.
D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.
E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.
During the twentieth century, the real income of blue-collar workers in western societies increased significantly overall, although it has dropped in the past 20 years.
White-collar workers went to work in factories instead of going to farming, and within a few years created the new industrial working class of America. Workingin factories was a difficult transition for rural people who were accustomed to living in communities where life was controlled by the hours of available daylight and the natural rhythm of the seasons.
Answer:
a) 469.40%
b) 18.15%
Explanation:
a)
Total nominal growth rate = 
thus,
Total nominal growth rate = 
= 469.40%
b) Total real growth rate = 
now,
Real earned income in 1976 = 
= 
= $20,267.54
and,
Real earned income in 2016 = 
= 
= $23,947.21
Therefore,
Total real growth rate = 
= 18.15%
Answer:
C.
Explanation:
Retail banking is a banking system that deals directly with retail consumers. Retail banking is responsible for providing financial aid to the general population. The major function of retail banking includes providing financial aid, checking and savings accounts.
Business banks, on the other hand, are also a part of the banking industry. It specifically deals with corporates and businesses, ranging from small-sized businesses to large-sized corporates. The major function of corporate banking or business banking is also to provide financial aid, checking and savings accounts.
Therefore, option C is the correct answer.
Answer:
Standard deviation =21.34
Explanation:
<em>Standard deviation is measure of the total risks of an investment. It measures the volatility in return of an investment as a result of both systematic and non-systematic risks. Non-systematic risk includes risk that are unique to a company like poor management, legal suit against the company .</em>
<em>Standard deviation is the sum of the squared deviation of the individual return from the mean return under different scenarios</em>
Expected return (r) = (13.6% × 0.33 ) + (12.3% × 0.36) + (27%× 0.31)=17.3%
Outcome R (R- r )^2 P×(R- r )^2
Recession 13.6 13.6 4.5
Normal 12.3 24.9 8.9
Boom 27% 94.4 <u> 29.3
</u>
Total <u> 42.7
</u>
Standard deviation = √42.7 = 21.34
Standard deviation =21.34
