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stich3 [128]
3 years ago
5

The efficiency gains resulting from a just-in-time inventory management system will allow a firm to reduce its level of inventor

ies permanently by $333,000. What is the most the firm should be willing to pay for installing the system
Business
1 answer:
Gelneren [198K]3 years ago
3 0

Answer:

Since the benefits of adopting a just-in-time inventory management system are $333,000, and these benefits are permanent; then we can assume that the company should be willing to pay up to $333,000 for installing the system. This amount varies depending on maintenance expenses or the costs of operating the system.

Explanation:

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<span>You might be able to cope with future issues more easily this the correct answer. : )</span>
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In a certain grocery store, strawberries cost $4.32 per pound ( 4.32 dollars/lb ). what is the cost per ounce? express your answ
Katyanochek1 [597]

Using unit conversion, the price of strawberries is $0.27 per ounce.

The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.

Common units for weight and their shorthand are:

- Pound (lb)

- Ounce (oz)

- Kilogram (kg)

- Gram (gm)

The conversion factors:

1 lb  =  16 oz  =  0.45 kg =  453gm

1 oz  =  0.063 lb  =  0.03 kg =  28 gm

1 kg  =  2.2 lb =  35 oz

1 gm = 0.001kg = 0.04 oz

Information from the problem:

The strawberries cost:

$4.32 per pound = $4.32 per 16 oz

                            = $4.32/16 per oz

                            = $0.27 per oz

Read more about unit conversion here:

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5 0
2 years ago
Cardboard is an example of which type of economic resource?​
blsea [12.9K]
<h3><u>Answer</u>;</h3>

A capital resource

<h3><u>Explanation</u>;</h3>
  • Economic resources are the factors used in producing goods or providing services. That is, they are the inputs that are used to create things or help an individual to provide services.
  • <em><u>Economic resources can be divided into human resources, such as labor and management, and nonhuman resources, such as land, capital goods, financial resources, and technology.  There are four types, namely; capital, labor, land, and entrepreneurship.</u></em>
  • <em><u>Capital resources are those resources that are used to manufacture other goods and services in future.</u></em>

3 0
3 years ago
The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 100 pe
a_sh-v [17]

Answer:

<u>Task a: </u>

<u>What is the average customer time in the system?</u>

Answer: 30 seconds

<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

Answer: 33.34 minutes

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

Answer: 16.67 minutes

Explanation:

<u>Task a:</u>

<u>What is the average customer time in the system?</u>

<u>Solution:</u>

Average customer time = 30 seconds per customer.

Total number of customers in an hour = 100.

Total time taken to attend customers = time per customer*total customers

= 30*100 = 3,000 seconds or 50 minutes.

So, 100 customers are attended in 50 minutes.

Average time = 50/100 = 0.5 minutes or 30 seconds

<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

<u>Solution:</u>

If the average service time is reduced to 20 seconds, the customer time will reduce in the system.

For 100 customers, total time taken = 20*100 = 2,000 seconds or 33.34 minutes

Thus waiting time for the 100th customer has fallen from 50 minutes to 33.34 minutes.

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

<u>Solution:</u>

In this case, 100 customers will be divided into 1/3rd each i.e. 100/3 in each line.

So, waiting time for the 100/3th customer = 100/3*original time = 100/3*30 seconds = 1,000 seconds or 16.67 minutes.

Thus, within 16.67 minutes the line would be serviced.

Therefore, System waiting time will be less than as calculated in b.

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4 years ago
The conflict that develops between employees needing to have a personal life and a corporation that needs to have employees acce
GuDViN [60]

Answer:

"Organizational schizophrenia" is the appropriate answer.

Explanation:

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3 years ago
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