Answer:
Total PV= $522.92
Explanation:
Giving the following information:
First payment= $450 at the end of the 7th year
Second payment= $450 at the end of the 12 year
Interest rate= 6% compounded annually
<u>To calculate the present value, we need to use the following formula on each payment:</u>
PV= FV/(1+i)^n
Cf1= 450/1.06^7= 299.28
Cf2= 450/1.06^12= 223.64
Total PV= $522.92
Answer:
Job M-47 cost assinged $710
Explanation:
the cost is the sum of the three main component
materials
direct labor
manufacturing overhead (MO)
we will calculate each of this for the Job M-47 add them together to get total cost
Job M-47
material 260
15 labor hours
Direct Labor 15 labour hours x 12 labor rate = 180
MO 15 labour hours x 18 overhead rate = 270
Total Cost materials + labor + manufacturing overhead = 710
Answer:
c. half of the order quantity
Explanation:
Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is <u>half of the order quantity</u>
Economic order quantity is a quantity which minimizes the ordering cost and holding cost
Q = EOQ = where D = Demand unit, S = Order cost and H = Holding cost
- Ordering cost and the Holding at EOQ will be same
- Average inventory = Q/2
- Average inventory is the half of the order quantity.
Under a <u>premium-price emphasis</u>, a business designs products that possess unique attributes or characteristics for which customers are willing to pay more.
When businesses wish to charge more for their products than their rivals do, they employ a premium pricing approach. The intention is to make consumers believe that because the products are more expensive, they must be of superior quality than similar things. The business is staking on the assumption that the customer won't do any research to determine whether the product is really of superior quality. Marketers hope that consumers will take the brand name as a guarantee that their product is superior to that of the competition. Higher profit margins, more difficult entry barriers for rivals, and an increase in brand value across the board are all benefits of a premium pricing strategy.
To learn more about premium pricing strategy from the given link.
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<span>The concurrent model in software engineering defines a series
of events that will trigger transition from state to state for each of the
software engineering activities.This model is used for</span> development of client/server applications. The advantages of this model are the following: It is <span>easy to implement, the server TCP/IP logic is simple and <span>one listener is shared by many TPs.
</span>The drawbacks of the model are that </span><span><span>increased network overhead and delays due to the requirement of the TRM exchange and </span><span>more CPU and resource intensive than is the Iterative model.</span></span>