1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
3 years ago
10

Mark and julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, mark can make 40

brownies or 20 cookies, and julie can make 15 brownies or 15 cookies. With specialization, how many brownies and cookies will be made in one day for the bake sale?
Business
1 answer:
professor190 [17]3 years ago
6 0

Answer: 40 brownies and 15 cookies

Explanation:

Mark can make 40 brownies or 20 cookies

Opportunity cost of brownie for Mark = \frac{20}{40} = 0.5

Julie can make 15 brownies or 15 cookies.

Opportunity cost of brownie for Julie = \frac{15}{15} = 1

So, Mark has a comparative advantage in making brownies. So, mark will produce a total of 40 brownies and Julie will make a total of 15 cookies.

You might be interested in
The traditional method of making product mix decision considersA.producing the products with the highest contribution margins fi
Helga [31]

Answer:

The correct answer is letter "A": producing the products with the highest contribution margins first.

Explanation:

A product mix refers to the different assets a company may posses in its portfolio. Those products or services are usually similar or satisfy almost the same need. They are measured according to their width, length, depth, and consistency. The product mix avoids that the company relies on a single product or service as a source of income. Besides, the product or service with the fastest and highest revenues is the one to be produced first.

8 0
3 years ago
Park Sung Inc. is a fictional South Korean manufacturer of refrigerators. The company produces at its manufacturing plant in Bus
Murrr4er [49]

Answer:

The answer for each requirement is given separately below.

Explanation:

What is the economic production quantity (EPQ)?

EPQ = ((Annual Requirement * setup cost *2)/Carrying cost per unit)^(1/2)

         = ((30,000 * 50 *2)/3^(1/2)

         = 1000 Units

a. What is the average inventory level for this optimum production quantity?

Average Inventory level = EPQ/2 = 500 units

b. How many production setups would there be in a year?

Production setups = Annual Usage /EPQ = 30 set ups

C. What is the optimal length of production run in days

length of production = Total Requirement/production per day

                                   = 30,000/275

                                   =110 days approx

d. What would be the savings in annual inventory Cost if setup costs can be reduced to US$40 per setup?

If set up cost reduce to $40  than EPQ = 895

So Set up cost = 30,000/ 895 * 40 = 1,360

Carrying cost = 883/2 *3                  = 1,325

Total Cost                                          = $ 2,685 -A

If set up cost  $50  than EPQ = 1000

So Set up cost = 30,000/ 1000 * 50   = 1,500

Carrying cost = 1000/2 *3                  = 1,500

Total Cost                                          = $ 3,000- B

Saving = B-A = 315 Dollars

4 0
3 years ago
You’re a bright, female investment analyst about to give a major presentation to a group of bankers supporting a corporate acqui
Ivanshal [37]

Explanation:

In this case, the ideal is to reject a task that is not mandatory in your contract. The boss's attitude in this situation was somewhat sexist, as it reduced the professional skills of a female investment analyst to having to be liked and serving coffee to bankers, since the professional was there to make a great professional presentation.

These unprofessional attitudes can be combated with an assertive attitude, without the professional feeling cornered by the possibility of suffering reprisals, but it is by maintaining an ethical, professional attitude and imposing respect, that it is possible for such unethical acts to be combated and not accepted any more. formal work environment.

7 0
3 years ago
"A municipality has a tax rate of 18 mills. A piece of real property in the municipality is assessed at $180,000 and has a fair
White raven [17]

Answer:

$3,240

Explanation:

Calculation for the annual tax liability on the property

Using this formula

Annual tax liability= (Tax rate× Real property )

Where= Tax rate =18 million

Real property=180,000

Let plug in the formula

Annual tax liability=( .018x180000)

Annual tax liability=$3,240

Therefore the annual tax liability on the property is $3,240

5 0
3 years ago
Bradley conducts research to validate his hypothesis that increased job satisfaction leads to greater organizational commitment
fredd [130]
The method of study used by Bradley is META ANALYSIS. Metal analysis can be defined as the quantitative, formal research study design to systematically examine the results of previous studies in related fields in order to form a conclusion about a specific research topic.
7 0
3 years ago
Other questions:
  • Moon lite cafe has a semiannual, 5 percent coupon bond with a current market price of $988.52. the bond has a par value of $1,00
    6·1 answer
  • The fact that the words 'whiskey makes you sick when you're well', when arranged differently, 'whiskey, when you're sick, makes
    15·2 answers
  • Using the information below, calculate net income for the period: Sales revenues for the period $ 1,318,000 Operating expenses f
    13·1 answer
  • An organization in which management spreads authority and responsibility widely over lower levels is called a ______ organizatio
    7·1 answer
  • Which of these items is not considered to be a want?
    14·1 answer
  • current assets and current liabilities were $100 million and $40 million, respectively. The prior year, 2018, Jones and Co. repo
    12·1 answer
  • During modeling of the CRISP-DM method, we would ______. a. ​clarify business goals for the data mining project b. ​assess if th
    6·1 answer
  • An Engel curve:________.
    12·1 answer
  • Chemical manufacturer DuPont has approximately $0.68 in assets for every dollar in sales. According to asset intensity, for ever
    12·1 answer
  • Sales associates who are paid in a lump sum and who are personally responsible for paying their own taxes are probably treated f
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!