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3 years ago

In the water and rocks analogy for JIT:

Business

1 answer:

maks197457 [2]3 years ago

3 0

Answer:

B) water represents inventory.

Explanation:

The Water and Rocks analogy can be regarded as an analogy that display a ship. The ship here symbolize a company/firm which is floating on water. The water is regarded as inventory. In a case whereby by the water level get down, the ship will hit the rock on the ground. So this analogy can allow to let defective material known. It should be noted that In the water and rocks analogy for JIT, water represents inventory.

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The Oklahoma City Zoo has proposed adding to their Web site a major segment providing a virtual tour of the grounds and animals,

motikmotik

Answer:

The Oklahoma City Zoo

A. What is the B/C ratio?

The B/C ratio is the benefit/cost ratio.

B. What is the B-C?

The benefits = $63,000 (90,000 x $0.70) in the first year

Additional visits = 27,500 x 9 = 247,500

Additional benefits = $173,250 (247,500 x $0.70)

Total benefits = $236,250

The costs =

Initial cost = $305,000

Upkeep, etc = $800,000 ($80,000 x 10 years)

Less salvage value = $63,000

Interest cost = $213,500 (7% of $305,000 x 10 years)

Total costs = $1,255,500

B/C ratio = $236,250/1,255,500 x 100 = 19% approx.

Explanation:

The B/C or Benefit/Cost Ratio is a financial measure that compares the benefits of a project with the costs associated with the project. It attempts to show how the benefits will outweigh the costs.

The benefits that will accrue from the project when compared to the costs will be 19%. This implies that less benefit will be derived from the project.

7 0

3 years ago

Good marketing research helps us identify what customers have purchased in the past and what they are likely to want in the futu

Alexxx [7]

Answer:

These are the answers for the question:

A. sequential data

B. formative data

C. primary data

D. secondary data

And this is the correct one:

C. primary data

Explanation:

Primary data or primary information is data that is gathered by the marketing researcher, directly from the source, and with the purpose of finding information to solve the marketing research question.

In this case, Super Fun is engaging in primary data collection because the marketing team will survey the customers directly, with the goal of understanding better customers wants and needs while they are at the Super Fun Park.

4 0

3 years ago

Within its production department, sooner manufacturing has shift leaders, supervisors, assistant plant managers, plant managers,

Travka [436]

The answer to this question is "tall organization" such as within its production department, then there's a change in the table of organization such that manufacturing department will soon have shift leaders, a supervisors, an assistant plant managers, then a plant manager, a production group managers, an assistant division managers, an assistant vice president for production. Given that the multiple layers of the management table of organization or structure, then this kind of manufacturing is an example of a tall organization. More employees in a big company or a tall organization.

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3 years ago

Consumers will bear switching costs if: a. the benefits of adopting the new technology outweigh the costs of switching. b. switc

Katarina [22]

Answer: a. the benefits of adopting the new technology outweigh the costs of switching.

Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.

Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.

3 0

3 years ago

On January 1, 2016, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta

Margaret [11]

Answer:

b. $6,000

Explanation:

Depreciation is calculated on the cost of asset. Cost of asset includes the transportation and installation cost, because both are necessary in order to function the asset.

Accordingly total cost of asset = $40,000 + $1,000 = $41,000

Salvage value = $5,000

Thus, amount to be depreciated = $41,000 - $5,000 = $36,000

Useful life of the asset = 6 years

Straight line depreciation = $36,000/6 = $6,000 annually.

8 0

3 years ago