Answer:
Letter a is correct.<u> Forecasting demand.</u>
Explanation:
The correct alternative is forecasting demand, because it is only possible to predict future demand for the manufacture of some good, according to the statistical data of the service provided, so this is an area between manufacturing and related services.
Demand forecasting is a process of finding statistical and economic data that assists in future organizational control, such as sales and cash flow planning, inventory and purchasing control, production planning and others.
By analyzing the past scenario it is possible to predict variables that will impact the future of the business, so for the forecast to be carried out effectively, some steps must be considered:
-
Data collection and analysis
;
- Objective identification of the applied model
;
- Forecasting techniques;
- Monitoring
.
Demand forecasting technique, when well planned and executed, guarantees several strategic and competitive benefits for the company, besides being an essential instrument in the decision making process.
Answer:
Use a budget to live within your means and build saving
Explanation:
Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.
Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .
Answer:
d. 15 chairs/worker/day
Explanation:
Given that
Average of standard dining chairs = 450
Number of employees = 6
Number of days in a week = 5
So, The formula and the computation of the labor productivity of this operation is presented below:
Labor Productivity = Output ÷ Labor Input
where,
Output = 450 standard dining chairs
Labor output = 6 employees × 5 days in a week = 30
So, labor productivity is
= 450 ÷ 30
= 15 chairs per worker per day
The $16 is not enforceable because of a preexisting duty.
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
