False, the open innovation strategy enables the company to avoid utilizing external innovation carried out by other businesses.
<h3>What is Open innovation model?</h3>
Open innovation refers to the process of companies and organizations obtaining ideas from both internal and external sources. Sharing information about issues and appealing to those outside the company for advice and solutions entails this. Open innovation is the process of "increasing the markets for the external application of invention while accelerating internal innovation through deliberate inflows and outflows of knowledge."
You may take internally developed ideas or initiatives that don't fit with your primary business model and develop them outside by creating an open innovation network. This could provide additional revenue sources without affecting your main line of business.
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Answer:
12
Explanation:
Computation for throughput time
Using this formula
Throughput time = Process time + Inspection time + Move time + Queue time
Let plug in the formula
Throughput time=5+0.6+0.4+6
Throughput time=12
Therefore the Throughput time will be 12
Answer:
The answer is c.reported on the balance sheet as a deduction from the cost of the mineral deposit.
Explanation:
Accumulated Depletion Account is the account showing the accumulated depletion expenses relating to the use/exploitation of natural resources since the beginning.
Just like Accumulated Depreciation Account, The Accumulated Depletion Account is a contra-asset account which is reported on the Balance Sheet under the Natural Resources Account; the net effect of the two account shows the net book value of Natural Resources Account.
Thus, c. reported on the balance sheet as a deduction from the cost of the mineral deposit. is the correct choice.
Answer:
26500.
Explanation:
Given: Sales of January, February and March.
Beginning inventory is 12000.
Company´s ratio of inventory to future sales is 45%.
Formula; unit to be produced= 
First step: finding February´s budgeted sales
Next months (February) budgets sales= 
Now, putting values in the formula to find unit to be produced.
Unit to be produced in January= (
∴ Unit to be produced in the month of January is 26500.
I'd say D, thatd be my best guess