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Travka [436]
3 years ago
13

Assess how entrepreneurship may be a viable option to counteract unemployment​

Business
1 answer:
makkiz [27]3 years ago
3 0

Answer:

As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.

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A major oil company is considering the optimal timing for the construction of new refineries. From past experience, each doublin
Doss [256]

Answer:

a, 22276.07

b. $32.9157 million

c.$29.9669million

Explanation:

Find the values of k   and  a assuming a relationship of the form   Assume that  f(y)=ky^a is in units of barrels per day.

\frac{f(2y)}{f(y)} =1.75=\frac{k(2y)^a}{k(y)^a} =2^{a} =a=\frac{Ln(1.75)}{Ln(2)} =0.8073

f(y)=ky^a=k=\frac{f(y)}{y^a} =\frac{25}{6000^0.807} =22276.07

b. Determine the optimal timing of plant additions and the optimal size and cost of each plant addition.a=0.8073, rx=0.41

optimal timing x=rx/r=2.05yrs

optimal size xD=2.05(1.5)

3.075million barrels/year

f(y)=ky^a=0.0223(\frac{3.075*10^5}{365} )^0.8073=32.9157million\\

$32.9157 million

c. Suppose that the largest single refinery that can be built with current technology is 7,500 barrels per day. Determine the optimal timing of plant additions and the optimal size and cost of each plant in this case

Optimal size xD=min\frac{307500}{365} ,7500= 7500 barrls/day =2.735million barrels /year

Optimal timing will be X^*=x*D/D=2.7375/1.5=1.825 year

optimal cost f(y)=ky^a=0.0223(7500)^0.8073=$29,9669 milion

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4 0
4 years ago
What types of information does a W-2 form contain? Check all that apply
vovangra [49]

Answer:

Normally "check all that apply" is followed by answers to check...

Explanation:

A W-2 is a Tax statement

8 0
3 years ago
In the welding operations of a bicycle manufacturer, a bike frame has a flow time of about 11.75 hours. The time in the welding
3241004551 [841]

Answer:

Exact flow time = 14.5 hours

Value added percentage of flow time = 0.0020

Explanation:

Exact Flow time is calculated as :

1 + 2+ 2+ 3+ 2+ 2+ 05+ 2 hours + [1.75 minutes / 60] hours = 14.50 hours

14.50 * 60 = 871.75 minutes

Value added percentage of flow time calculations :

1.75 minutes / 871.75 minutes = 0.0020 or 0.2%

7 0
3 years ago
Japan's remarkable recovery in the​ twenty-five years following World War II was a result of which of the following​ activities?
USPshnik [31]
After the thrashing of Japan in World War II, the United States drove the Allies in the occupation and recovery of the Japanese state. In the vicinity of 1945 and 1952, the U.S. possessing strengths, drove by General Douglas A. MacArthur, sanctioned across the board military, political, monetary, and social changes.
8 0
3 years ago
Which business letter feature is found at the top of the page?
kvv77 [185]

Answer:

Return address apex :) GoodLuck

Explanation:

8 0
4 years ago
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