Answer:
Lumpy demand is not used in project management.
The correct answer is D
Explanation:
Dummy is a zero activity, which helps in network analysis.
Activity refers to a task in network analysis.
Latest finish time is the latest completion time of a project in network analysis.
Lumpy demand refers to low demand as a result of higher cost. It is not used in network analysis (project management)
Answer:
Self-fulfilling prophecy
Explanation:
Self-fulfilling prophecy is the term which is defined as the phenomenon of socio- psychological of expecting something or predicting and this prediction comes true as one believes it will and the consequences behaviors align for fulfilling those beliefs.
In short, it states that the people belief could influence their actions.
So, in this case, the concept which state the team poor performance is the self- fulfilling prophecy.
Answer:
We have to find the value of Larry's investement before and after the issue of new shares, to see if Larry's worries are justified.
The current value of Larry's investment is:
2,000 x $41.00 = $82,000
To find the value of Larry's investment if the new shares are issued, we use the following formula:
Investment = ¨[[(Oustanding shares x price per share) + (New issue of shares x price per share)]/ Outsanding shares + new issue] x No. of shares held
Investment = [[(20,000 x 41.00) + (5,000 x 32.80)] / 20,000 + 50,000] x 2,000
Investment = 39.36 x 2,000
Investment = $78,720
Thus, if the new shares were issued, Larry's investment value in the company would fall from $82,000 to $78,720, confirming his reasons to be worried.
Answer:
the total cost of ending work in process is $39,420
Explanation:
The computation of the total cost of ending work in process is shown below:
Equivalent cost per unit
Material = $301,600 ÷ 5,200 units = $58 per unit
Conversion = $405,500 ÷ 5,000 units = $81.10 per unit
Now ending work in process is
= 400 units × $58 + 200 units × $81.10
= $23,200 + $16,220
= $39,420
Hence, the total cost of ending work in process is $39,420
Answer:
summing horizontally the segments of the MC curves lying above the AVC curve for all firms.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Generally, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
The short-run supply curve for a purely competitive industry can be found by summing horizontally the segments of the marginal cost (MC) curves lying above the average variable cost (AVC) curve for all firms.
