It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin
es takes 2 minutes. Machines run automatically for 20 minutes. Operators cost $10 per hour; machines cost $30 per hour. Document all answers completely. a) What is the ideal machine assignment
b) If three machines are assigned to an operator, what is the duration of the repeating cycle? Will any machine of operator experience idle time, if so how long?
c) What is the cost per unit produced if three machines are assigned to an operator?
The market segment criteria refer to the fact that segments must be large enough for the firm to make a profit by serving them is generally known as "<u>Substantial</u>." In the substantial, there would be no point in dissipating the marketing budget at a market segment that is inadequately large rather has negligible spending authority. A viable market segment is habitually a homogenous group with precisely determined characters before-mentioned as socio-economic background, age group, as well as brand acumen.
John cannot revoke his offer any longer because of promissory estoppel. The is an element of the contract law t<span>hat states that a promise is enforceable by law, even if made without formal consideration. The promisor in this case is John and the promisee is Jane. When a promisor has made a promise to a promisee the promise is enforceable by law. </span><span>
by raising funds from foreign as well as domestic sources.
Multinational corporations can be regarded as
large companies which has headquarter in a country having operations in other countries. Their trait is that they are incorporated in a country while running their business in other countries. It should be noted that Corporations are becoming multinational not only in the scope of their business activities but also in their capital structure by raising funds from foreign as well as domestic sources. The trend showcase a conscious effort of the firm to gather cost of capital through international sourcing of funds also ongoing liberalization as well as deregulation regarding international financial markets which allows firms to have accessibility.
It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.
So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.