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ValentinkaMS [17]
3 years ago
14

A company has installed a new machine in its factory. The management is analyzing whether to train the current laborers to opera

te on the machine efficiently or to hire skilled laborers for the same machine. What is this quantitative analysis done by the management known as? The quantitative analysis of the given scenario is known as .
Business
2 answers:
PIT_PIT [208]3 years ago
7 0

Answer:

The company will use the quantitative analysis called Cost and Benefit analysis

Explanation:

The management will have to consider the cost of hiring skilled laborers and its long term benefits to the company and compare it to the cost of training its current laborers and its long term benefit to the company

Before giving consideration and which action to take  

Yuki888 [10]3 years ago
5 0

<em>Cost/benefit analysis</em>

Comparing what you will sacrifice and what you will gain to help make a decision is known as ____.

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Pani-rosa [81]

Answer:

c.only that the debit dollar amounts equal the credit dollar amounts

Explanation:

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The motive of recording the business transactions is to equate the debit and credit sections as per the double accounting through which the financial statements should be verified, and correct in all aspects.

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Suppose that mr. green jeans sells $5,000 of wheat to big ben bakery. big ben uses the wheat to make flour and then hamburger bu
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The gross domestic product (GDP) measures the monetary status of the market value of all final goods and services. With this definition therefore, the GDP of all these transactions only account the selling the final product, hamburger.

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4 years ago
standards are blank . multiple select question. set for each major production input or task benchmarks for measuring performance
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Standards are set for each major production input or task, benchmarks for measuring performance and compared to the actual quantities and costs of inputs. Thus, option first, third and fourth are correct.

<h3>What is the meaning of performance?</h3>

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Standards are established for each massive production input or job, serving as benchmarks for monitoring performance and being compared to real input amounts and prices. As a result, options one, three, and four are correct.

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