Answer:
4 baseballs
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If brain decides to produce softballs, he would be forgoing the opportunity to produce baseballs. The opportunity cost of producing one softball is : 8/2 = 4 baseballs
I hope my answer helps you
Answer and Explanation:
The computation is shown below:-
<u>Particulars </u> Traditional Philosophy Manufacturing
<u> Lean Philosophy</u>
Value added 2 + 6 = 8 8
Non value added 8 × (50 - 1) = 392 8 × (6 - 1) = 40
Total lead time 400 48
Value-added ratio
(as a percent) 8 ÷ 400 × 100 = 2% 8 ÷ 48 × 100 = 16.17%
Answer:
a) For this case we want to find an equation on the following form:
And if we use excel as we can see on the figure attached the best model is:
b) For this case we can use the relative change in order to calculate the % of variation between 2010 and 2017:
c) If we use the model created we just need to replace x =8 and we got:
And the difference respect the observed values is:
Explanation:
For this case we have the following data, let X= the amount of years since 2009. Because if we select starting from 0 the natural log of 0 not exists.
t x y
2010 1 92.0
2011 2 101.0
2012 3 112.0
2013 4 124.0
2014 5 135.0
2015 6 149.0
2016 7 163.0
2017 8 180.0
Part a
For this case we want to find an equation on the following form:
And if we use excel as we can see on the figure attached the best model is:
Part b
For this case we can use the relative change in order to calculate the % of variation between 2010 and 2017:
Part c
If we use the model created we just need to replace x =8 and we got:
And the difference respect the observed values is:
Answer:
desired ending inventory= 5,400 units
Explanation:
Giving the following information:
Sales= 40,000 units
Beginning finished goods= 3,800 units
Production= 41,600 units
<u>To calculate the desired ending inventory, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
41,600= 40,000 + desired ending inventory - 3,800
41,600 + 3,800 - 40,000= desired ending inventory
desired ending inventory= 5,400 units