Henry Ford was the first to implement the strategy assembly line production or otherwise called as progressive assembly. It is manufacturing process in which the parts are added semi-finished assembly moves from workstation to workstation and the parts are added in sequence until the final assembly is done.
Answer:
c.10
Explanation:
We have 68 students, 3 of them are registered in three classes, so (68-3 =65), 65 students are registered in one or two classes.
Additionally, we know that:
- 25 students are registered for History.
- 25 students are registered for Math
- 34 students are registered for English
If we want to know only the registrations of students that are registered for one or two classes, we should substract 3 in every class (the three students that ar registered for the three classes)
So, now we have:
- 22 students registered for History.
- 22 students registered for Math
- 31 students registered for English
Total registrations for stdents registered in one or two clases: 22+22+31= 75
75 registrations of 65 students
So 75-65=10 .. There are 10 students registered for 2 classes.
Answer:
$6,500
Explanation:
First In First out (FiFO) is an Inventory method which determines the inventory value and it requires that the unit purchased first will be sold first.
Units Cost Value Balance
Beginning Inventory 3,700 $5 $18,500 $18,500
February
Purchases 5,700 $4 $22,800 $41,300
March
Purchases 2,700 $6 $16,200 $57,500
Sale -1,300 $5 ($6,500) $51,000
Cost of Goods sold is the cost of sold units on the basis of FIFO inventory costing method.
Answer:
b. comparative advantage
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For example, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.
In this scenario, Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, therefore, she has a comparative advantage in producing corn.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
Hence, the comparative advantage gives an individual or country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
flow production means that when one of the task has been finished you have to immediately start the next taask this is known as flow production.
hope it helps you!
