All categories

3 years ago

Explain the meaning of rationalization, prototyping and design determination and give an example of each

Business

1 answer:

matrenka [14]3 years ago

5 0

Answer:

rationalization: (1) the action of attempting to explain or justify behaviour or an attitude with logical reasons, even if these are not appropriate.

(2)the action of making a company, process, or industry more efficient, especially by dispensing with superfluous personnel or equipment.

prototyping : (1)an experimental process where design teams implement ideas into tangible forms from paper to digital.

design determination : (1) Design and determination are semantically related in aim topic. Sometimes you can use "Design" instead a noun "Determination".

Explanation:

examples:-

(1) rationalization : a person who is turned down for a date might rationalize the situation by saying they were not attracted to the other person anyway. A student might blame a poor exam score on the instructor rather than their own lack of preparation.

(2) prototyping : cognitive representation of something within a certain category. ... So if you see another dog, you could say that other dog is small (compared to your prototype), heavy, ugly, beautiful, etc.

(3) design determination : testing a new depression medication

You might be interested in

Cardco Inc. has an annual accounting period that ends on December 31. During the current year a depreciable asset that cost $46,

nexus9112 [7]

Answer:

$3,433.33

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,

Depreciation = (Cost - Salvage value)/Estimated useful life

Annual depreciation

= ($46000 - $4800)/4

= $10,300

In the current year, the asset would only be depreciated for 4 months

= 4/12 * $10,300

= $3,433.33

6 0

3 years ago

What are the means, or factors, of production? Selected Answer: A. the ways a society organizes production Answers: A. the ways

Hatshy [7]

Answer:

D. a society's major productive resources, such as land and other natural resources, labor, technology, and capital

Explanation:

The factors of production include all the inputs from which a good/service can be made or created. Land and natural resources are the tangible resources from which we create goods and where we execute operations regarding production. Technology and capital are essential resources to gain the needed machinery and expertise for production after the Industrial Revolution.

6 0

4 years ago

Greater indirect costs are associated with:

kari74 [83]

Answer:

d. All of these answers are correct.

Explanation:

Indirect cost are cost that are not directly associated to the cost of a particular project. It could be overhead cost or subsidiary cost.example of indirect cost are; personel cost, rent, utilities cost and so on.

It should be noted that Greater indirect costs are associated with Quality specifications and testing,Inventoried materials and material control systems as well as Specialized engineering drawings.

6 0

3 years ago

For Oriole Company, actual sales are $1,450,000, and break-even sales are $971,500.

Ksivusya [100]

Answer:

a. Margin of safety in dollars = $478,500

b. Margin of safety ratio = 33%

Explanation:

a. Margin of safety in dollars is calculated as;

= Actual sales - Break even sales

Given that;

Actual sales = $1,450,000

Break even sales = $971,500

Margin of safety in dollars

= $1,450,000 - $971,500

= $478,500

b. Margin of safety ratio is computed as;

= [(Actual sales - Break even sales) / Actual sales] × 100

= [($1,450,000 - $971,500) / $1,450,000] × 100

= [$478,500 / $1,450,000] × 100

= 0.33 × 100

= 33%

3 0

3 years ago

Assume that Jane’s marginal propensity to consume equals 0.8, and that in 2004 Jane spent $36,000 from her disposable income of

Hoochie [10]

Answer:

First we need to find the increase in her disposable income by subtracting the old disposable income from the new disposable income.

Old Disposable income= 40,000

New disposable income = 50,000

Change in disposable income = 50,000-40,000= 10,000

Although her mpc is 0.8 we need to find out what proportion of her disposable income does she spend on consumption.

So her disposable income was 40,000 and consumption was 36,000

36,000/40,000= 0.9

This means that Jane spends 90% of her dispoasble income on consumption, so if her disposable income increase by 10,000 her increase in consumption was

0.9*10,000= 9,000

Increase in consumption = $9,000

Explanation:

3 0

3 years ago