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nadya68 [22]
3 years ago
13

Low volume production has the following implication on the operations of an organisation.’ Choose the correct option:

Business
1 answer:
lesya [120]3 years ago
6 0

Answer:

(i) High unit costs

Explanation:

A low production volume results in high per-unit cost. The per-unit cost is derived by dividing the total cost by the total output. Total cost is a combination of variable costs and fixed costs. While fixed cost remains constant in the period, variable costs change with the production volume.

The fixed cost element is what makes a low volume production have a high per-unit cost. Since fixed costs are constant, a low quantity output means that a few units will share the fixed costs. The result is a high proportion of fixed costs per unit. The high per-unit fixed element cost makes a low volume output expensive compared to when the fixed costs are shared among many units.

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In your own words, what is a franchise?
Ganezh [65]

Answer:

an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.

1.Restaurants,

2.hotels,

3.resorts

hotel, because In the case of a hotel franchise, the franchisor is going to be a hotel brand, such as Hyatt, Hampton, or Sheraton, to name a few.

4 0
3 years ago
Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as
Semmy [17]

Answer:

b. 10,000.

Explanation:

The number of units completed in April is given by the number of units on April 1st (3,000) added to the number of units started during April (11,000) minus the number of units still in production on April 30th (4,000):

\begin{array}{ccc}Starting\ n^o\ of\ units&3,000\\Units\ started\ in\ April&11,000\\Units\ not\ completed\ in\ April&(4,000)\\Units\ completed\ in\ April&10,000\end{array}

10,000 units were completed during April.

4 0
3 years ago
Western Airlines operates five flights daily between Chicago and Phoenix during the winter. One flight leaves Phoenix at 12:10 P
8_murik_8 [283]

Answer: idle production capacity

Explanation:

Idle capacity refers to the remaining amount of capacity that is left in a company when both the productive and the protective capacity have been removed from consideration.

Since the plane has a capacity of 120 passengers but he has averaged only 24 passengers, a load factor of 20 percent. Once the plane takes off, the other 96 seats generate no sales and profits to the airline for that flight, then the unique aspect of services does this situation describe idle production capacity.

8 0
3 years ago
Organizations often start a new marketing research study by first examining secondary data primarily because
34kurt

Answer:

using this information can result in time and cost savings

Explanation:

5 0
2 years ago
The exact indifference curves of different investors:_______
tatuchka [14]

Answer:

Option c) cannot be known with perfect certainty and, although not known with perfect certainty, do allow the advisor to create more suitable portfolios for the client.

Explanation:

The indifference curves notably cannot be calculated on a precise point but the theory does allow for the invention or creation of more suitable portfolios for investors that has dissimilar levels of risk tolerance.

An Indifference curve is commonly known as a line. The line depicts or shows combinations of goods among which a consumer is indifferent. It shows also the combinations of goods that can be are affordable. In the curve,consumer tend to not like or desire one combination of goods to another combination of goods that is shown on a curve/line.

5 0
3 years ago
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