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Eduardwww [97]
4 years ago
7

mike operates a hair cutting salon that specialize in providing quick walk in service just about any type of hair. He deals with

customers as they walk in the door. This includes writing down the customers name and what they desire in terms of hair cut
Business
1 answer:
Viefleur [7K]4 years ago
8 0

<u>Complete Question:</u>

Mike operates a hair-cutting salon that specializes in providing quick walk-in service for just about any type of haircut. He deals with customers as they walk in the door. This includes writing down the customer's name and what they desire in terms of haircut, wash, dry, and so on. This process usually takes two minutes. If no hair stylist is available, the customer then goes to the waiting area, where he/she is processed on a first-come, first-serve basis. The salon has five hair stylists who work eight hours each day. It takes, on average, 25 minutes for a stylist to greet the customer, wash and/or cut his hair, and wish him a fond farewell. Then Mike completes the process by taking the customer's money and telling him about the satisfaction guarantee offered by the shop. This final set of steps takes two minutes on average.

Requirement 1. Assuming that the waiting area always has at least one customer in it, how many customers on average can Mike's salon process in a day (assuming no problems in utilization, quality, or efficiency)?

Answer:

96 Customers

Explanation:

The time taken to process one customer includes:

Time taken by each Hair stylist to tailor the hairs of customer is 25 Minutes

Now

Time taken to process total customer in a day = Total hours available / Total time consumed by each customer

Here

Number of stylists are 5 and working hours are 8 Hrs per stylist which means total number of hours are 40 Hours per day.

By putting values, we have:

Time taken to process total customer in a day = 40 Hours / (29/60)

= 96 customers per day

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Intermediaries in indirect channels of distribution: a. Often perform functions that producers cannot perform efficiently by the
alukav5142 [94]

Answer:

A. Often perform functions that producers cannot perform efficiently by themselves.

Explanation

indirect distribution channel of distribution can be regarded as one that depends on intermediaries in order to carry out most or all of their functions of distribution , they are regarded as wholesaler. indirect distribution can also be explained as selling of wholesale producys to the agents/retailers in order for them to distribute the product so it can get to consumers. It should be that Intermediaries in indirect channels of distribution Often perform functions that producers cannot perform efficiently by themselves.

3 0
3 years ago
In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $24,000 and ending
Ksenya-84 [330]

Answer:

a. $265,000

Explanation:

Process costing is one of method to assign cost to manufactured unit. This method is most commonly used for identical units produced.

Terada Corporation also uses process costing system. In April $241,000 units were transferred out of the department. To identify the total cost under weighted average method we can add up beginning work in process and units transferred out. We get $265,000 if we add up beginning work in process inventory and  cost of units transferred out from the department.

= $24,000 + $241,000

= $265,000.

3 0
4 years ago
why do consumers make a choice by looking at both the marginal utility (mu) and the price for a product (mu/p) rather than just
vladimir2022 [97]

Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.

<h3>What is marginal utility and why consumers make a choice by looking at both mu and price?</h3>
  1. So economically a utility is a kind of benefit that a consumer gets by buying a product  of choice.
  2. Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.
  3. Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.
  4. Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.

To know more about marginal utility visit:

brainly.com/question/15561406

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3 0
2 years ago
Lawson Manufacturing Company has the following account balances at year end:
soldi70 [24.7K]

Answer:

C) $195,000.

Explanation:

Calculation for the amount that Lawson should report as inventories in its balance sheet

Raw materials 27,000

Add Work-in-process 59,000

Add Finished goods 109,000

Inventories $195,000

Therefore the amount that Lawson should report as inventories in its balance sheet will be 195,000

7 0
3 years ago
Will give brainliest
erica [24]

Explanation:

To describe about the types of discount, let us understand the purpose of discount.

Discount can occur in any "distribution channel". This can,

  • To attract, retain and get customers
  • short term sales
  • to move-out-of-stock etc.

Types of discounts:

You can call in simple,

1. Trade discount   2. Quantity discount   3. Cash discount

I am giving you detail discounts down.

  • Dealing with trade
  • Discount card
  • Coupons
  • Dealing with quantity
  • Trade-in credit
  • Rebate
5 0
3 years ago
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