Answer:
Just in time (JIT) inventory management
Explanation:
Just in time (JIT) inventory management is a system created to lower inventory costs and increase manufacturing efficiency. JIT aligns materials and components orders with production schedules in order to reduce inventory levels to the lowest possible level.
It was developed by Toyota in order to reduce the costs of its car manufacturing processes. Once I visited a Toyota pickup factory and it was amazing to see that the whole inventory of finished engines was 4 units, and the factory produced more than 500 pickups per day.
with common resources, the equilibrium quantity can be individually rational because the consumer of the common resource experiences individual benefits from use of the common resources
<h3>What is
equilibrium?</h3>
Chemical equilibrium is the state in which both the reactants and products are present in concentrations that have no further tendency to change with time, resulting in no observable change in the system's properties.
The only thing that can change an equilibrium constant is temperature. If the pressure is changed, the position of equilibrium can be altered. The position of equilibrium moves in such a way that it tends to undo the change that you have made
When a reaction and its reverse reaction proceed at the same rate, this is referred to as chemical equilibrium. Both forward and reverse reactions occur as a system approaches equilibrium.
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Answer:
The correct answer is letter "A": realized location economies.
Explanation:
Location economies manage massive amounts of data, require speed and accuracy, and establish communication with partners in different geographical places with the purpose of maximizing profits taking advantage of the sources available in different parts of the world.
Answer:
The solution is presented in the attached excel sheets.
Explanation:
Part a
For the first part the for the calculation of increment, the income is calculated as follows
The income is calculated using following
Gross Income=Sales Revenue-Operating Cost-Depreciation
Net Income is given as Gross Income-Tax Rate *Gross Income
Now the increment is given by finding the difference between two year's income.
Part b
The incremental cash flow is calculated as indicated in the attached sheet.
Part c
The present value at 11 percent is calculated as using the formula indicated in the attached sheets.
Answer:
The answer is:
For italy: $35 billion
For Greece: -$40 billion
Explanation:
Injection into the economy = $70 billion.
Government spending multiplier is 1.5.
MPC = $70billion x 1.5
=$105 billion.
Change in Italy's real GDP due to the transfer = $105 billion - $70 billion
= $35 billion.
Greek Government.
Multiplier effect = 1 ÷ (1-MPC)
1 ÷ (1-0.6)
1÷ 0.4
-2.5.
It is negative because it is a reduction in government spending.
Therefore, the final change in real GDP as a result of this decreased spending is
-2.5 x $16 billion
= -$40 billion
