Do you believe the statements of politicians are more likely to be true than those of business entrepreneurs? Why or why not?

A product-focused process is commonly used to produce:

iogann1982 [59]

Answer:

c. high-volume, low-variety products.

Explanation:

Product focused prodction is one that focuses on improving the product by arranging sets of people into production lines to increase efficiency of production.

Equipment and people are grouped based on products being produced. For example in a manufacturing plant assembly lines are formed that focuses on one product.

This tends to be used for products that have low differentiation and are to be produced on high volume.

Example automobile plants, clothing factories, and food factories.

7 0

3 years ago

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Indirect channels for consumer goods

Komok [63]

Answer:

The most indirect channel you can use (Producer/manufacturer –> agent –> wholesaler –> retailer –> consumer) is used when there are many small manufacturers and many small retailers and an agent is used to help coordinate a large supply of the product.

8 0

3 years ago

Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply

Alex Ar [27]

Answer:

The answer is 150 gallons

Explanation:

First we will write out the relevant information in the question that will help us with our calculation:

Safety stock = 50 gallons

50 gallons = 9% stockout risk

??? gallons = 3% stockout risk

Next, you have to understand that the relationship between the safety stock and stockout risk is an inverse proportion. This means that the bigger the safetystock amount, the smaller the stockout risk, and vice versa. Therefore, there will be a lesser risk of running out of stock, as the safety stock amount increases.

Let g be the safety stock

Let r be the stockout risk

This relationship is represented as:

$g = \frac{k}{r}$

where k = a constant relating the safety stock and stockout risk.

Therefore :

$g*r=k$

$g_1r_1=g_2r_2$

where:

g₁ = 50 gallons

r₁ = 9%

r₂ = 3%

g₂ = ????

Therefore, making g₂ the subject of the formula:

$g_2=\frac{g_1*r_1}{r_2}$

$g_2 = \frac{50*9}{3} = \frac{450}{3} = 150$

Therefore, the saftey stock that would provide a stockout risk of 3% = 150 gallons.

3 0

3 years ago

Bob and Serena are married and file a joint income tax return. For 2018, their modified AGI is $70,000. Their daughter, Dawn, is

Bogdan [553]

Answer:

The American Opportunity Tax Credit (AOTC) that can be claimed is $2,500.

Explanation:

As of 2018, no changes have been made to the AOTC. By law, with a modified adjusted gross income (MAGI) of $80,000 or less for single individuals and $160,000 or less for married filing jointly, the individuals can claim the full credit amount. It is a credit paid for an eligible student to cover education expenses, if in the first four years of postsecondary education. A maximum annual amount of $2,500 is given and an additional 40% of remaining amount (up to $1,000) if the tax owed falls to zero.

8 0

3 years ago

A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,

laila [671]

Answer:

a. The depreciable cost is $72000.

b. The depreciation rate is $0.36 per mile.

c. The depreciation expense for the year is $6480.

Explanation:

a.

The depreciable cost is the cost that is eligible for depreciation. It is calculated by deducting the residual value from the cost of the asset.

Depreciable cost = Cost - residual value

Depreciable cost = 80000 - 8000 = $72000

b.

The depreciation rate can be calculated by dividing the depreciable cost by the total estimated useful life of the asset.

The depreciable rate = 72000 / 200000 = $0.36 per mile driven

c.

The units of activity depreciation for the year is,

Depreciation expense = 0.36 * 18000 = $6480

6 0

3 years ago