Answer:
Profit will increase by $2.3
Explanation:
Data provided in the question:
If instead of grooming 130130 dogs, he grooms 131131 dogs
Marginal cost = $65.82
Marginal revenue = $68.12
Now,
The effect on his profits of grooming 131 dogs instead of 130 dogs will be:
Change in profit = Marginal revenue - Marginal cost
or
Change in profit = $68.12 - $65.82
or
Change in profit = $2.3
Hence,
Profit will increase by $2.3
It will result in an increase in average inventory as larger batches require more time to be completed.
<h3>What is Operations Management?</h3>
Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.
<h3>What are the 3 types of operations management?</h3>
- Product design and product.
- Planning and managing of manufacturing facilities.
- Purchasing/procurement.
- Forecasting.
- Capability planning.
- Inventory control.
- Quality control.
- Delivery to clients.
To learn more about Operations management, refer
brainly.com/question/1382997
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Answer: Please see answer in explanatory column
Explanation:Classifying each according to cash flow activity in terms of operating, investing, or financing activity gives
(a) Purchase of equipment.-----investing activity
(b) Sale of building.-----investing activity
(c) Redemption of bonds.-----financing activity
(d) Cash received from sale of goods. ------investing activity
(e) Payment of dividends.-------financing activity
(f) Issuance of capital stock. -------financing activity
Answer:
<u>Reffeal</u>
Explanation:
A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.
Its called Commensalism – symbiotic