<span>ABC, Incorporated desires to have the most qualified people in every position throughout its organization. This is an example of a concern for human capitol</span>
Answer:
Initial Cost = $180
Explanation:
Payback period estimates the time an investment projects resulting cash flows take to recover the initial amount o=invested in the project. A traditional payback period doesnot take present value into account and just focuses on the nominal recovery of the initial investment.
If a capital budgeting project provides inflows of $50 per year and the payback period is 3.6 years, the initial investment is:
3.6 = 50 + 50 + 50 + x
Where x = 0.6 of 50
and x = 0.6 * 50 = 30
Initial cost = 50 + 50 + 50 + 30 = $180
Answer: 4 dozen cookies and 1 peach tart
Explanation:
Whitney can make:
4 dozen cookies or 2 peach tarts in 2 hours
Amy can make:
7 dozen cookies or 1 peach tart in 2 hours
Here, we assume that there is only 2 hours of production
Cookies:
If Whitney specialize in cookies and there is no production of tart but only the production of cookies by Whitney, then,
Total production of cookies = 4 dozen cookies
Tart:
If Amy specialize in peach tart and there is no production of cookies but only the production of peach tart by Amy, then,
Total production of peach tart = 1 peach tart
Answer:
The correct answer is letter "A", "C", and "E": continuous improvement; just-in-time manufacturing; total quality management
Explanation:
Lean practices involve several activities companies can engage to reduce inefficiency at work. Organizations achieved this by eliminating wasteful practices among employees to improve the output quality and keep consumers preference, thus making a profit. <em>That improvement must be continuous and imply managers will seek constantly perfection</em>.
For instance, manufacturing companies can eliminate waste by keeping tight deadlines and <em>delivering their products just in the time</em> the suppliers or final consumers expect.
Answer: $4,950
Explanation:
If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.
The 25 units at the end of the year will be the most recent units purchased and so will be;
20 units from the third purchase
5 units from the 2nd purchase
Inventory value = (20 * 195) + ( 5 * 210)
= $4,950
<em>The options are not for this question. </em>
