What is a board of directors??

a small clothing firm currently produces 50,000 shirts and blouses per month. the costs of its factory, raw materials, and labor

Mrac [35]

A small clothing firm currently produces 50,000 shirts and blouses per month. the costs of its factory, raw materials, and labor are $500,000 per month. if the company is to increase production by 5,000 and that requires additional labor and raw material expense of $100,000, what is the best estimate of costs of the increased production is $100,000.

Most people think you'll make a kajillion dollars and be well on your way to overnight stardom. But the reality is that the profit margins on clothing are notoriously low. According to industry analysts, you're looking at 4-13% profit margins. That means for every $100 you invest, you get $104-$113 back.

Production is the process of making or manufacturing goods and products from raw materials or components. In other words, production takes inputs and uses them to create an output that is fit for the consumption of a good or product that has value to an end-user or customer.

Learn more about Production here

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8 0

2 years ago

You have learned from your training materials that the integration-responsiveness framework juxtaposes the opposing pressures fo

Karolina [17]

Answer:

aswer is

Explanation:

because is Hp is globally science

4 0

4 years ago

Omega Custom Cabinets produces and sells custom bathroom vanities. Assume that labor is the only input that varies for the firm.

Papessa [141]

Answer:

The answer is option a). For the 11th worker, the marginal profit is $600.

Explanation:

Step 1: Determine the initial profit for the 10 workers as shown;

initial profit=revenue from sales-cost of labor

where;

revenue from sales=sale per unit×number of units

revenue from sales=800×20=$16,000

cost of labor=cost per unit×number of workers

cost of labor=1,000×10=$10,000

replacing;

initial profit=16,000-10,000=$6,000

Step 2: Determine the final profit for the 10 workers as shown;

final profit=revenue from sales-cost of labor

where;

revenue from sales=sale per unit×number of units

revenue from sales=800×22=$17,600

cost of labor=cost per unit×number of workers

cost of labor=1,000×11=$11,000

replacing;

final profit=17,600-11,000=$6,600

Step 3: Determine the marginal profit as shown;

marginal profit=final profit-initial profit

where;

final profit=$6,600

initial profit=$6,000

replacing;

marginal profit=6,600-6,000=$600

The marginal profit for the 11th worker=$600

5 0

3 years ago

All of the following are true of Transportation EXCEPT: A. Transportation systems link geographically separated partners, facili

DIA [1.3K]

Answer:

C. Transportation managers choose modes of transportation based only on cost

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamentals of supply chain management are best summed up as a strategic collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

Basically, in supply chain management, transportation plays a significant part in the movement of goods or services from the point of production to the end users or consumers.

Hence, all of the following are true of Transportation;

A. Transportation systems link geographically separated partners, facilities and customers

B. Transportation facilitates the creation of time and place utility in the supply chain

C. Transportation has a major impact on company financial performance

D. Transportation involves the physical movement of goods between origin and destination points

6 0

3 years ago

Amazon.com is now 25 years old and makes $140 billion in annual revenues. As an investor, would it concern you that Amazon.com h

Nastasia [14]

Answer:

Personally, as an investor I would be concerned but I would be willing to wait for 3-5 more years to help the CEO diversify the markets.

Explanation:

A company that makes a consistent loss is never a good buy for an investor. However, Amazon has done a couple of things over the last two decades that can give investors some confidence.

For one, the company has grown in revenue and the number of products they offer every year since it's inception. What began as an online book seller now sells everything, from facial creams to make up to electronics.

Amazon has also maintained a first-mover advantage and almost has a monopoly on the e-commerce business in the United States.

With such a strong position and a $140 billion in revenues, the company is almost too big to fail since their debt is very little. With such firepower, the company can further transform and diversity to become profitable and formidable.

6 0

3 years ago