slope of this demand curve for pizza = <u>-1/40</u>
<h3>
Briefly explained</h3>
Slope = changes in y/ changes in x
The shop sells 200 more pizzas if the price drops by $5 ($10 to $5). (100 to 300 pizzas) A good's quantity is always on the x-axis and its price is always on the y-axis. According to our justification, the cost is REDUCED by $5 (a reduction of -$5) and the quantity of pizzas sold rises by 200. The slope is therefore <u>-5/200 or -1/40.</u>
<h3>
What is demand curve?</h3>
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period.
The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.
Learn more about demand curve
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Answer:
internal and external data
Explanation:
Big Data analysis can be regarded as one that contains massive amounts of data as well as complex analysis.
Internal data can be regarded as information that is been generated from within the business these could contains some areas like operations as well as maintenanc and personnel.
External data on other hands are attributed to the market, as well as from customers and from the firms competitors, it could be gotten from survey. All for increasing profitability.
Answer:
40%
Explanation:
For computing the manufacturing cycle efficiency, first we have to compute the throughput time which is shown below:
Throughput time = Process time + Inspection time + Move time + Queue time
= 6 + 0.6 + 0.4 + 8
= 15
Now
Manufacturing cycle efficiency (MCE) is
= Value added time (process time) ÷ Throughput time
= 6 ÷ 15
= 40%
We simply applied the above formulas so that the manufacturing cycle efficiency (MCE) could come
Answer:
Oct 1.
Cash $19,900 (debit)
Common Stock $19,900 (credit)
Oct 3.
Office Furniture $2,100 (debit)
Trade Payable $2,100 (credit)
Oct 6.
Trade Receivable: N. Fennig $3,250 (debit)
Revenue $3,250 (credit)
Oct 27.
Trade Payable $900 (debit)
Cash $900 (credit)
Oct 30.
Salary Expense : Administrative Assistant $2,650 (debit)
Cash $2,650 (credit)
Explanation:
In all non-cash entries remember to observe the <em>Accrual</em> or <em>Matching</em> Principle.Thus, transactions must be recorded when they accrue or incur not when they are paid.
<span>Input is the object, the material, the information, land, equipment, money, knowledge we fed into a process.
Output is the created product (good or service) </span>that provide added value<span> to customers.</span><span> And the process that makes conversion from the input into the output is the o</span><span>perations management.
In our case the final product is operating a summer band camp. The input are materials, buildings (where the camp will be located), hiring staff, but also non-material things -advertising for example. The conversion is rebuilding, interviewing staff.. and the output is opened summer band camp, satisfied customers and hired staff . </span>