Answer:
The number of kanban containers needed for the wheels is 4.2 containers
Explanation:
In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:
number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size
According to the given data we have the following:
Demand rate = 2000 per day
Average processing time= 0.15 day
Average waiting time = 0.25 day
Container size= 200
Alpha= 5%
Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200
number of kanban containers needed for the wheels=4.2 containers
The number of kanban containers needed for the wheels is 4.2 containers
Answer:
a) see attached image
b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs
c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets
Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs
e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.
Explanation:
Answer:
True.
Explanation:
A radical innovation also known as the disruptive innovation is an innovative approach aimed at destroying or supplanting old business strategies and models with an invention to breakthrough and change the whole industries by creating new products.
Hence, an innovation and enterprise can help to develop new and niche markets as the business would be starting afresh and offering new products and services to meet the unending needs or requirements of its customers.
That would be person-oriented job analysis because it focuses on the knowledge, skills and abilities that is needed to preform a job.