Answer:
innovation
Explanation:
Technology is defined as human innovation in action that involves the generation of knowledge and processes to develop systems that solve problems and extend human capabilities.
To innovate is to make changes in something established, especially by introducing new methods, ideas, or products.
Answer:
depreciation
Explanation:
Based on the information provided within the question it can be said that the term that is being described in this question is called depreciation. This is the reduction in the value of an asset as time goes by, and is mainly due to the fact that the asset experiences wear and tear and is not in the same condition as it was when it was purchased, therefore there is less demand for it.
Answer:
B.enables production to be ahead of demand.
Explanation:
<em>One of the benefits of a wholesale warehouse in the chain of distribution is that it </em><em>enables production to be ahead of demand</em><em>.</em>
A warehouse generally represents a large house where goods/products are kept prior to their distribution for sale.
The use of a warehouse offers several advantages to producers. These include:
- adequate protection and preservation of products
- regular flow of goods irrespective of their period of production
- continuity in the production process in order to stay ahead of market demand
- easy handling of products
- etc.
<em>Hence, the correct option is B.</em>
China, India and Brazil are some of the largest growing global businesses. These come from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages.
Answer:
The MCB Manufacturing's total product costs is $170,560
Explanation:
The computation of the total product cost is shown below:
Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation
= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100
= $170,560
Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.
