Given:
Blue Ace Autos Inc: cost of goods sold / revenue = 63.4%
Ferdova Autos Inc.: cost of goods sold / revenue = 54.2%
The percentage rate represents the part of the revenue that the cost of goods sold is a part of. This means that the revenue is 100%. The difference of the revenue and cost of good sold is the profit. The higher the percentage of the profit, the better.
Blue Ace Autos Inc: 100% - 63.4% = 36.6%
Ferdova Autos Inc: 100% - 54.2% = 45.8%
Ferdova Autos Inc. earn a higher profit (45.8% of revenue) than Blue Ace Autos Inc (36.6% of revenue).
Answer:
He is likely to conduct a Multicultural
Explanation:
Answer:
The delivery cycle time was 25.2 hours
Explanation:
Working notes:
Consider the following formula to solve the exercise
delivery cycle time=Wait time+Process time+Inspection time+Move time+Queue time
=(12.7+1.8+0.2+4.4+6.1)
which is equal to = 25.2 hours.
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