3 years ago

A brief description of the key points of the business plan

1 answer:

4 0

No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.

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2 years ago

A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25% wt

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The productivity increase by 48.83%

Explanation:

old

60 units for 5 workers

5 x $12 = 60

material $16 x 60 = 960

overhead: 60 x 1.6 = 96

total revenue 60 x 31 = 1,860

total cosT: 60 + 960 + 96 = 1,116

productivity index_ 1,860 / 1,116 = 1,667

now:

output 60 + 25% = 75 units

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materials $10 x 75 units = $750

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productivity index_ 2,325 / 940.2 = 2,4728

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