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3 years ago

A workgroup of 5 workers produced 500 units of output in a certain month working 22 days (8 hours per day).

Business

1 answer:

Sedbober [7]3 years ago

5 0

Answer:

The question continues ; b) Suppose that in the next month, the same work group produced 600 units but there were only 20 workdays in the month. Using the same productivity measures as before, determine the productivity index using the prior month as a base.

Explanation:

given 5 workers produced 500units working 8hrs/day for 22days

We calculate the output unit for each per worker for a month, a day and an hr;

Monthly output unit = 500/5 = 100 = LPR = Productivity ratios

daily output unit = 500/ 5x22 = 4.545 = LPR

hourly output unit = 500/ 22x8x5 = 0.568 = LPR

similarly for 600units produced by the same number but in 20days

Monthly output unit = 600/5 = 120 = LPR = Productivity ratios

daily output unit = 600/ 5x20 = 6.0 = LPR

hourly output unit = 600/ 20x8x5 = 0.75 = LPR

To calculate their productivity index ;

LPI = 120/100 = 1.2 = Monthly output unit

LPI = 6.0/4.545 = 1.32 = daily output unit

LPI = 0.75/0.568 = 1.32 = hourly output unit

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mamaluj [8]

Answer:

Option A is correct

Explanation:

The 2 Option are:

i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements

ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.

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Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.

The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "we typically affirms claims within 120 days after we receives proof of loss statements". No insurer can states in its policy form that "we typically affirms claims within 120 days after it receives proof of loss statements", this is against the code of conduct of Insurance business

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3 years ago

Which is not an example of a behavior exhibited in a market economy?

Diano4ka-milaya [45]

Answer: market economy’s do not have government interference in businesses

Explanation:

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3 years ago

Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are i

wariber [46]

Answer and Explanation:

The computation is shown below:

1. Calculation of the equivalent units

Particulars Physical units % Material % Conversion cost

Units transferred

out 900 100% 900 100% 900

Ending

work in process 600 100% 600 40% 240

Equivalent

units 1,500 1,140

2. Cost per equivalent unit is

Particulars Material Conversion cost

Beginning

inventory $750 $600

Cost during

period $2,400 $2,820

Total cost $3,150 $3,420

Divided by

Equivalent

units $1,500 $1,140

Cost per

equivalent unit $2.1 $3

3. Transferred out cost is

= (3 + 2.1) × 900

= $4,590

And, the ending work in process cost is

= (600 ×$2.1) + (240 × $3)

= $1,960

2. Now the preparation of the production report is presented below:

Beginning work in process $1,350

Cost during period $5,220

Total cost accounted for $6,570

Transferred out cost $4,590

Ending work in process $1,960

Total cost accounted as $6,570

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3 years ago

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

FromTheMoon [43]

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

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3 years ago

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured

Dennis_Churaev [7]

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A. Functional

B. Balanced matrix

C. Weak matrix

D. Strong matrix

E. Project

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using Project organization.

Answer: Option E

Explanation:

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In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.

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