High GDP and high price levels best describes what phase of the business cycle?

The following is an extension economy of scale

ValentinkaMS [17]

The example of an extension economy of scale is Bulk buying.

Explanation:

economies of scale are the main cost whose advantages are for the enterprises that obtain due to their scale of operation, which is measured by the amount of output produced by the company with cost per unit of output resulting in decreasing with increasing scale.

Economies of scale apply to a vast variety of organizational and business situations and at multiple areas, such as a production, the plant or an entire enterprise.

Another source of scale economies is the possibility of purchasing inputs at a lower cost per unit, when they are purchased in large quantities.

Managerial economies of scale occur when large firms are able to afford specialists. They manage i an effective manner, particular areas of the company.

Economies of Scale refer to the cost advantage that us experienced by a firm when it increases its level of output.
The advantage of the huge buying arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.

8 0

3 years ago

Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6

sveta [45]

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

<h3>What is Cost of Goods sold?</h3>

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600

Read more about Cost of Goods Sold

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7 0

2 years ago

Read 2 more answers

Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast fo

elena55 [62]

Answer:

The answer is C: 14300

Note: The actual answer is 14296, <em>and </em>the closest to that was option C.

Explanation:

Formula to calculate forecast using Exponential smoothing:

$F_{t} = F_{t-1} + \alpha ( A_{t-1} - F_{t-1} )$

Where,

$F_{t}$ = New Forecast
$F_{t-1}$ = Previous period's forecast.
$\alpha$ = Smoothing Constant
$A_{t-1}$ = Previous period's Actual Demand.

Calculating the forecast for period 5:

Data:

$F_{5} = ?$
$F_{t-1} = 14000$
$\alpha = 0.4$
$A_{t-1} = 14750$

Putting <em>values in the formula:</em>

$F_{5} =$ $14000 + 0.4(14750-14000)$

$F_{5} = 14000 + 0.4 (740)$

$F_{5} = 14000 + 296$

$F_{5} = 14296$

4 0

3 years ago

You plan on making a $235.15 monthly deposit into an account that pays 3.2% interest, compounded monthly, for 20 years. At the e

erma4kov [3.2K]

Answer:

Monthly payment = $769.27

Explanation:

First we have to determine the future value of the ordinary annuity:

Payment = $235.15

N = 20 * 12 = 240

Rate = 3.2% / 12 = 0.267%

Using a financial calculator and the FV function, the FV = $78,910.41

Again, using the financial calculator or Excel, you can determine the monthly payment:

N = 10 / 12 = 120

Rate = 0.267%

PV = $78,910.41

FV = $0

Monthly payment = $769.27

8 0

3 years ago

Benchmarking: allows industry participants to develop industry-wide standards. synchronizes the business processes of customers,

BabaBlast [244]

Answer:

compares the efficiency and effectiveness of your business processes against strict standards.

Explanation:

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0

3 years ago