Answer:
time from raw materials receipt to finished product exit.
Explanation:
Manufacturing cycle time is best defined as the "time from raw materials receipt to finished product exit."
To explain better, manufacturing cycle time is the overall time of process that covers the total duration it takes the final production of commodities to be made. That is beginning from the inception stage which is usually raw materials through its conversion stage and eventually into finished goods.
Answer:
8.54%
Explanation:
Current Index value:
= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value
= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100
= 108.54
Return in percent:
= ( 108.54 - 100 ) ÷ 100
= 8.54%
Therefore, the value-weighted return for the index is 8.54%.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A lottery ticket states that you will receive $250 every year for the next ten years.
A) i=0.06 ordinary annuity
PV= FV/(1+i)^n
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {250*[(1.06^10)-1]}/0.06= $3,295.20
PV= 3,295.20/1.06^10=1,840.02
B) i=0.06 annuity due (beginning of the year)
FV= 3,295.20 + [(250*1.06^10)-1]= $3492.91
PV= 3492.91/1.06^10= $1,950.42
C) The interest gets compounded for one more period in an annuity due.
