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drek231 [11]
3 years ago
14

A gift-wrapping business is staffed by Kaitlyn, Rob, Sam, Susan and Sarah. The production by each of the staff members for an av

erage eight-hour work day is as follows:
Assume that the standard or normal productivity in the organization is 10 minutes per package. What is Kaitlyn's efficiency?

Kaitlyn Rob Sam Susan Sarah
72 packages 55 packages 52 packages 52 packages 48 packages

a. 0.75 (75%)
b. 1.50(150%)
c. 9.0 packages per hour
d. 1.50 packages per hour
e. 9.0 minutes per package
Business
1 answer:
garik1379 [7]3 years ago
3 0

Answer:

b. 1.50(150%)

Explanation:

Given that, the standard time per packages is 10 minutes

Then, the total time taken in eight hour shift is 8 * 60 = 480 minutes

The standard output = Total time taken / Standard time = 480/10 = 48 packages

Therefore, the efficiency of Kaitlyn = Kaitlyn's Output / Standard output

=72 / 48

= 1.5

Hence, the answer is 150% or 1.5

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Diminishing marginal product explains why, as a firm’s output increases __________.
DerKrebs [107]

Answer:

The correct answer is d) The production function gets flatter, while the total-cost curve gets steeper.

Explanation:

Diminishing marginal product explains why, as a firm's output increases, The production function gets flatter, while the total-cost curve gets steeper.

A firm is producing x amount of units at a total cost of Y. If it were to increase production in 1 units, its total cost would rise.

3 0
3 years ago
An insured owns an individual disability income policy with a 30-day elimination period for sickness and accidents and a monthly
siniylev [52]

The elimination period also called waiting time is the amount of time that should pass or be satisfied before the person can enjoy the benefits of the disability plan.

Since the elimination period is 30 days or 1 month and the insured is only disabled for about 3.5 months, therefore the benefits he will receive would only be equivalent to 2.5 months worth of benefits. Calculating for the maximum money he can received:

Maximum amount of money he can receive = monthly indemnity benefit * number of months

Maximum amount of money he can receive = ($500 / month) * (2.5 months)

<span>Maximum amount of money he can receive = $1,250</span>

6 0
3 years ago
Jeremy wants to avoid conflict with his new coworkers. he should ______. a. spread gossip with them b. treat them all with respe
Maru [420]

Jeremy wants to avoid conflict with his new coworkers. He should treat them all with respect.

Option B is correct answer.

Conflict in workplace :

Conflict is a difference or disagreement between two or more people. Conflict in the workplace is a normal part of human interaction, yet, handling and resolving conflicts that arise is probably one of the biggest challenges employees face.

What is good conflict in the workplace?

Positive conflict is constructive in nature. It produces new ideas, solves continuous problems, provides an opportunity for people and teams to expand their skills, and fosters creativity. When opposing ideas are explored, a breakthrough of thinking can occur.

Learn more about workplace conflicts :

brainly.com/question/17112762

#SPJ4

8 0
2 years ago
Mikkelson Corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk prem
enot [183]

Answer:

a. 16.50%

Explanation:

Find the beta as of last year using CAPM;

CAPM ; r = risk free + beta(Market risk premium)

0.125 = 0.03 + beta(0.0475)

Subtract 0.03 from both sides;

0.125-0.03 = 0.0475beta

0.095 = 0.0475beta

Divide both sides by 0.0475;

0.095/0.0475 = beta

beta = 2

Next, use CAPM again to find the new required return with a market risk premium is 4.75%+ 2% = 6.75%

r =  0.03 + 2(0.0675)

r = 0.03 + 0.135

r = 0.165 or 16.5%

Therefore, the new required return is 16.5%

6 0
3 years ago
Employees often work with managers to develop a(n) __________ that outlines the fundamental purposes of their organization.a. or
Levart [38]

Answer: (C) Mission statement

Explanation:

 Mission statement is one of the type of organization statement that is developed by the manager for the various types of fundamental purpose in an organization.

The primary objective of the mission statement in an organization is that it deals with the strategic planning by achieving long term goals.

According to the question, the employees worked with the manager in an organization for developing the mission statement that helps in outline the various types of fundamental process.    

 Therefore, Option (C) is correct.

4 0
3 years ago
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