Answer:
In manufacturing, excess capacity can be used todo more setups, shorten production runs, and drive down inventory costs
Explanation:
Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services
Answer:
The correct answer is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3
Explanation:
Solution
Given that:
A price was wan by you today at =$800
For the next three years =$500 a year
Now
We compute for the present value of today at 6%
Thus
Present value (PV) = $800 + $500/1.06 + $500/1.062 + $500/1.063
Because $800 is receivable today, its present value is equal to $800,
So,
500 receivable after a year will be divided by 1.06
PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3
Therefore the right formula for computing the present value as of today at 6 percent is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3
Answer:
Non-compete
Explanation:
A non-compete agreement is when an emoloyee agrees not to enter into or start a similar profession in competition against her employer.
Majority of agreements stipulated the length of time an employee isn't allowed to enter into or start a similar profession in competition against her employer.
I hope my answer helps you
