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Eddi Din [679]
3 years ago
8

What is the connection with the company Unocal and the Country of Burma?

Business
1 answer:
balu736 [363]3 years ago
5 0

Answer:

Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.

Explanation:

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Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins
Degger [83]

Answer:

12.55 days

Explanation:

<em><u>Provided information </u></em>

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

<u>Inter-arrival coefficient of variation </u>

C_{vi}=\frac {\sigma}{T} where \sigma is standard deviation of inter-arrival time, T is inter-arrival time and C_v is coefficient of variation of inter-arrival time

C_{vi}=\frac {1 day}{1 day}=1

<u>Production time coefficient of variation </u>

C_{vp}=\frac {2.7}{1.8}=1.5

<u><em>Total utilization time </em></u>

U=\frac {T}{n*T_i} where T is the time of production, n is number of employees, U is utilization, T_i is inter-arrival time

U=\frac {1.8}{2*1}=0.9

Therefore, utilization time by 2 employees is 0.9

<u>Expected average waiting time </u>

T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})

Where T_e is expected average waiting time and the other symbols as already defined

Substituting 1.5 for C_{vp}, 1 for C_{vi}, 0.9 for U, 2 for n, 1 for T_iand 1.8 for T

T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})

T_e=0.9*1.625*8.583709=12.55367 days  and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

7 0
3 years ago
You start a new business selling a product thats the best of its kind on the market. In addition to this product, what must you
aleksandrvk [35]

Answer:

A. Good marketing

Explanation:

Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.

A company that sells a product that is the best of its kind on the market, must invest in an effective strategy so that the product is known to consumers, is competitive and correctly distributed. The five p's of marketing can be a good strategy to correctly position the product on the market, as it involves strategic development for the product, price, promotion, place and people.

7 0
3 years ago
Last year Ann Arbor Corp had $250,000 of assets (which equals total invested capital), $305,000 of sales, $20,000 of net income,
Firdavs [7]

Answer:

8.32%

Explanation:

The computation of  cost reduction improve the ROE is shown below:-

For computing the increase in ROE first we need to follow some steps which is here below:-

Debt = capital × Debt

= $250,000 × 37.5%

= $93,750

Equity = Assets - Debt

= $250,000 - $93,750

= $156,250

New ROE = New Net income ÷ Equity

= $33,000 ÷ $156,250

= 21.12%

Old ROE = Old Net income ÷ Equity

= $20,000 ÷ $156,250

= 12.8%

Increase in ROE = New ROE- Old ROE

= 21.12% - 12.8%

= 8.32%

8 0
3 years ago
Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medica
marysya [2.9K]

<span>The answer is D. Major medical insurance.</span>

This usually covers all healthcare including prescription medicine and out-patient costs and even other services like physical therapy and mental health. Unlike basic health care, this kind of insurance sets a limit on your medical expenses, even if you have very costly treatment.

6 0
3 years ago
Read 2 more answers
A(n) ________ industry is one that is characterized by a large number of firms of approximately equal size.
Elina [12.6K]
<span>An fragmented industry is one that is characterized by a large number of firms of approximately equal size. fragmented industry is the large of the share and market to be able to influence the industry direction. fragmented industry in individual owner and individual business are used.</span>
8 0
3 years ago
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