Answer: (A) Labor-intensive technology
Explanation:
The labor- intensive technology is one of the type of process in which an organization or any type of industry require maximum labors for producing the various types of products and the services.
The main objective of the labor-intensive technology is that expanding the business and this type of industry is basically determine by the actual requirement of the capital for producing the maximum goods and the services.
According to the given question, the given production process of the Schlage lock factory is best describe as the labor intensive technology process. Therefore, Option (A) is correct answer.
Answer:
OK??
Explanation: Up at answer
With $500.00 account paying 4% interest in a year, it would take 25 years to double the money. Yearly interest is at $20.00.
Answer:
length of time between the order and delivery of a product.
Explanation:
Lead time refers to the time duration from the initiation of a process to the end of its conclusion. It helps in measuring the time period involved in the completion of the process. The beginning time is the creation of the product and the end time is the delivery of the product to the customer. The availability of raw materials, transportation, and labor sources, are some of the factors that affect the lead time of the product.
Answer:
With contribution of $1,050 million to fixed costs, The vice president must introduce the computer
Explanation:
Decision on whether or not to introduce a product relies on the variable cost or Relevant costs. The Vice President must only consider the incremental costs incurred as a result of introducing the new product. Incremental Costs are cost that will be incurred only if they decide to produce and introduce. Incremental costs or Revenue are Relevant cost or incomes that are a resulting of deciding to introduce, if the vice president decides not to introduce then all those incremental relevant costs and revenues will be avoided and not incurred. Fixed costs are irrelevant costs and are not a factor in deciding as the decision will depend on the contribution by the new product.
Details DC6900-X
Sales (500,000*$3,900) $1,950,000,000
Variable costs (500,000 *$1,800) -$900,000,000
Contribution $1,050,000,000