Answer:
Flexible manufacturing systems (FMS)
Explanation:
FMS stands for the Flexible manufacturing systems, which is described as the method of production, which is designed in order to adapt the changes in the kind and the quantity of the product which is being manufactured.
The computerized systems and the machines could be configured to manufacture the variety of the parts and handle the production changing levels.
Therefore, the FMS is the one which is a single production system that combines the CIM (Computer Integrated Manufacturing) and the electronic machines.
Answer:
False
Explanation:
Balance sheets relate to balance and expenditure over a period.
Answer:
prior to using the <u>Assumed names</u>
Explanation:
An insurance producer must get himself or his organization registered before doing any business of insurance.
For this there are certain rules as related to the names of such business.
There is the requirement to follow the rules and regulations.
If some person does this business not in his name, and uses some other assumed name, that is any kind of "insurance" word is used for example, "Life Insurance Co." then the person is required to take a prior permission from the commissioner.
This is to ensure that the name shall not be registered with some other organization.
Thus, no assumed names to be used, before prior permission is received from the commissioner.
Answer:
$2.07
Explanation:
the complete answer details is found in the attachment below
Answer:
inelastic demand
Explanation:
Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:
- when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
- when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
- when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.
In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.