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jok3333 [9.3K]
3 years ago
9

Dairy Products, Inc., and Eden Farms Corporation form a joint venture to make and test-market Frosty Ice Cream. If this joint ve

nture is like most joint ventures, it will continue a. for an express duration of not more than one year. b. for a single project only. c. in perpetuity. d. for an implied duration of not more than six months.
Business
1 answer:
IrinaVladis [17]3 years ago
7 0

Answer:

The answer to this question is b. for a single project only.

Explanation:

A joint venture  is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.

The joint venture business usually last for the duration of the project it has come together to undertake. After which the individual businesses can go back to its usual operation.

Hence, the answer is b. for a single project only.

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A process produces two types of products A and B. Product A is done in batches of 1000 units. It involves a setup time of 2 hour
aleksley [76]

Answer:

Explanation:

1. Only product A is produced

40 hours= 40*60*60 = 144,000 seconds

Run time 75 seconds

Setup time 2 hours

Batches= 1000 units

Run time to produce one batch of A = 1000*75sec = 75,000 seconds

Setup time = 2 hours = 7200 seconds

Remaining seconds = 144,000 - (75,000+7200) = 61,800 seconds

Product A manufactured in 61,800 sec = 61,800/75 = 824

Total Product A manufactured are = 1824 units

2. Only product B is produced

40 hours= 40*60*60 = 144,000 seconds

Run time 45 seconds  

Setup time= 1 hour

Batches= 500 units

To produce one batch of A = 500*45sec = 22,500 seconds

Setup time = 6 hours = 6*7200 seconds= 43,200sec

Remaining seconds = 144,000-(22,500+43,200) = 78,300 seconds

Product A manufactured in 78300 sec = 1740

Total Product A manufactured are = 500+1740= 2240 units

3. A and B are produced in a mix of 25% A and 75% B?

Considering loss of 3 hours setup time, 37 hours is left to produce

A is manufactured for = 25% of 37 hours = 9.25 hours = 33300 hours

B is manufactured for = 75% of 37 hours = 27.75 hours = 99900 hours

Production of A = 33300/75 sec= 444 units

Production of B = 99900/45 sec= 2220 units

6 0
2 years ago
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According to O*NET, what is the projected growth for this career between 2019–2029? faster than avera slower than average averag
xxTIMURxx [149]

Answer:

Average

Explanation:

7 0
3 years ago
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Annette drove through an intersection without looking and hit Vincent's car that he had driven into the intersection without obe
Papessa [141]

Answer:

$70,000

Explanation:

Under a Comparative negligence theory,

When an accident occurs, the blame or fault is determined by the contributions of each party towards the accident.

In a pure comparative negligence theory, the victim or plaintiff who files a case, sue the other party and received some part of the damages and hence each party receives the amount related to their damages minus the part of their fault.

In our case, Annette fault contributes 30% to the collision and determined that her total loss was $100,000.

So, Annette will recover:

= Total loss - 30% of fault

= $100,000 - 0.3 × $100,000

= $100,000 - $30,000

= $70,000

4 0
2 years ago
The most common method used by burglars to gain forceful entry into safes is
german

trying to pull the safe open seems like a viable answer

7 0
2 years ago
Sam, the CEO of a product development company, is planning to implement an ERP system in his company. However, most of his colle
julia-pushkina [17]

Answer:

once in place,  the ERP can dramatically enhance operational efficiencies and reduce costs.

Explanation:

Based on the scenario being described within the question it can be said that Sam should still go ahead with the implementation because once in place,  the ERP can dramatically enhance operational efficiencies and reduce costs. Therefore seeing as the main goal of every product development company is to output as much product as efficiently as possible and at very low costs then it is worth implementing this system.

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3 years ago
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