Answer:
0.11 hour
Explanation:
According to the scenario, computation of the given data are as follow:-
Process time represents value added time = 1.7 hours
Throughput Time = Move Time + Queue Time + Process Time + Inspection Time
= 3.3 hour + 9.9 hour + 1.7 hour + 0.9 hour = 15.8 hour
Manufacturing Cycle Efficiency (MCE) = Value Added Time ÷ Throughput Time
= 1.7 hour ÷ 15.8 hour
= 0.11 hour
According to the analysis, the MCE was closest to 0.11 hour.
Answer:
joint venture
Explanation:
Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.
A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.
The amount lost by the person as interest over five years is $65
Explanation:
Given information's are
Amount = $300
years = Five years
Interest rate = 4 percent
If that person deposits $300 in to a saving account which gives 4% interest per year will get $365 after completion of five year period as follows..,
Usually bank follows compound interest method for five years holding of deposits in the savings accounts.The compound interest formula is ((P×(1+i)^n) - P),
where
P is the principal,
i is the annual interest rate, and
n is the number of periods
Interest = $300 ×(1+0.04)5 - $300 = $65
So.,the amount lost by the person as interest over five years is $65
Answer:
Managerial accounting
Explanation:
Managerial accounting refers to the process to classify, calculate, assess, analyze, and convey financial data to executives to achieve the objectives of a company. It differs from financial reporting since the primary objective of managerial accounting is to support people in creating well-organized business decisions within the corporation.
Managerial accounting includes several aspects of accounting designed to improve the standard of the education given to administration regarding indicators of the commercial business. Management accountants utilize details about both the expense and sales income of the firm's produced products and services.
Answer:
B. To plan production, marketing, and budgets
Explanation:
A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.
