Answer:
A) cost of direct labor =1.10+0.55+0.92 = $2.57
b. Labor content = 6 min+ 3 min+5 min= 14 min
c. idle time at resource 3 = (6+3)-5 = 4 mins
d.Average labor utilization = labor content / (labor content plus idle time)
= 14/ (14+7) =14/21 =0.66666667*100= 67%
e. takt time = available time / demand
= 60 min / 20 = 3 min
f. Target man power = total labor content / Takt time
= 14 /3
= 4.67 = 5 manpower
Explanation:
direct labor per unit
Resource 1 = 6/60 =0.1 hrs*11= $1.10
Resource 2 = 3/60 = 0.05 *11 = $0.55
Resource 3 = 5/60 = 0.08*11 = $0.92
total idle time ; resource 1 = 3 + 4= 7
Answer:
The correct option is (B)
Explanation:
A strategic equity alliance is made when one organization buys a specific value level of the other organization. When Candy bought 30% of the value in Dreamcatcher Inc., an equity alliance was formed. In this type of alliance, one company buys ownership of another company, but that other company does not pool in the resources and cannot claim ownership. This type of alliance is commonly done to improve the business cycle and slow growth.
Answer: Financial Forecast
Explanation:
Forecast is a prediction of events that would happen in the future based on evidence of what's seen now or an assumption on projections.
While financial forecast is predicting how well a business will perform in the future through estimating future financial outcomes.
I would advise Mustafa to seek experts ideas on financial forecast for a new business and that would help him project his expectations
Answer:
Sorry, but I cant tell you, you need to know
Explanation:
Answer:
All of the above are true.
Explanation:
The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.
Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.