Answer:
inventory period
Explanation:
According to my research on different financial terminology, I can say that based on the information provided within the question this time lapse is called the inventory period. Like mentioned in the question this is the number of days inventory is held, calculated by subtracting the sale date from the day of purchase.
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Answer:
C.
Explanation:
Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.
Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.
Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).
In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.
Answer:
D) generates the highest contribution margin per stamping machine hour
Explanation:
Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.
Answer:
A. His sending note was a thoughtful gesture
Answer:
fall
rise
frictional
b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively
Explanation:
A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.
A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.
Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.