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Sloan [31]
3 years ago
5

Warm-Up

Business
1 answer:
zloy xaker [14]3 years ago
4 0

Answer:

$1,088.12

Explanation:

The formula for calculating monthly repayments is as below.

M=  P x   <u>  r      </u>

              1 − (1+r)−^n

where p is the loan amount = $220,000

r = 4.3per cent or 0.043 % interest rate per year,

 on monthly basis r will be 0.043/12=0.00358%

n = 30 year, which is 30 x 12 months= 360 months

M= $220,000 x <u> 0.00358    </u>

                         1 - (1+0.00358 ) ^ - 360

M=$220,000 x<u>  0.00358  </u>

                         1- 0.2762

M = $220,000 x (0.00358 /0.7238)

M = $220,000 x 0.0049461

M = 1,088.12

Monthly payments will be $1,088.12

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Answer: D. All of these choices are correct.

Explanation:

Lean manufacturing occurs when an organisation produces goods using as little resources as they can, while still producing enough goods at the correct quality.

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a. Supplier partnering - it is important to have a smooth operations in terms of the organisation's relationships with their partners. This leads to an efficient supply management because this leads to better control over the flow of material and production planning, especially when the aim is to use minimal resourses.

b. Employee involvement - in lean manufacturing, less human effort is required. However high quality goods at the right quanity still needs to be produced.Therefore it is important for the little employees needed, to work cohesively to produce these goods effectively and efficiently.

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Example of not a natural experiment an economist might use to evaluate a theory is:

C. Here the Students in a microeconomics principles course are advised to play a game with their classmates to determine and evaluate what all decisions they make under certain adjusted circumstances.

Explanation:

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