Answer:
Analyze the risk
Explanation:
Risk management project risk has the following steps to minimize the risks -
a) Identifying the risks;
b) Analyzing the risks;
c) Evaluating the risks;
d) Treating the risks;
e) Monitoring and reviewing the risks.
Therefore, after identifying the risks, project managers analyze the risk to reduce the risks of the project. Analyzing the risks include recognizing the nature of the risk and difficulties faced by the risk to perform the project.
Answer:
AFN
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Answer:
11,125 units
Explanation:
Particulars Units
Beginning WIP (2500*0.75) 25% is completed 1,875
Units started and completed during the month 8500
[10,000 -1500 as ending Inventory]
Ending Inventory [1500*0.50] <u>750</u>
Equivalent units <u>11,125</u>
So, the equivalent units for conversion costs during October is 11,125 units
Answer: The supply curve will shift ot the left if wages paid to milkshake makers increase.
When the wages paid to workers increase, the cost of producing a product also increases.
If the supplier continues to sell at the price before the wage increase, he will earn less profits than before, so he will not be motivated to produce as many units of the product as he was producing before.
In order to produce as many units as he was producing before the wage increase, he will look achieve the at least the same amount of profit as before. So, he’ll be willing to supply the same quantity of goods only at a higher price per unit. Hence the supply curve will shift to the left.
