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Vinvika [58]
3 years ago
10

Distinguish between the two in operations management volume, variety and variation dimensions of canned fruit factory and hair s

alon
Business
1 answer:
postnew [5]3 years ago
8 0

Answer:

Operation processes transform input into output in different ways, among them volume, variety and variation dimensions.

A canned fruit factory follows a volume dimension in the operation process. There is a high demand for canned fruits making it a high demand process whose high volume can be automated or standardized. This systemization leads to a lower cost base.

A hair salon uses a variety dimension in operation processes. Variety relates to a variety of goods or services being sold to customers. This increases sales and profit potential as opposed to offering one or two products. Hair salons have a lot of beauty and hair style offers.

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You have just made your first $4,500 contribution to your individual retirement account. Assume you earn an annual return of 11.
shusha [124]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Investment= $4,500

Interest rate= 11.45%

For both options, we will use the following formula:

FV= PV*(1+i)^n

a. Number of years= 43

FV= 4,500*(1.1145^43)

FV= $476,053.37

b. Number of years= 33

FV= 4,500*(1.1145^33)

FV= $161,010.77

5 0
4 years ago
On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originall
Dovator [93]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Treasury Stock                $2,400  (100 Shares × $24)

            To Cash   $2,400

(Being treasury stock is recorded)

2. Cash  Dr, $825  (25 shares × $33)

     To Treasury Stock $600 (25 shares × Cost $24)

      To Additional Paid in Capital-Treasury Stock $225

(Being the sale of acquired share is recorded)

3. Cash Dr, $550 (25 shares × $22)

Additional Paid in Capital-Treasury Stock Dr, $50

      To Treasury Stock $600 (25 shares × Cost $24)

(Being the sale of acquired share is recorded)

4. Common Stock Dr, $250  (50 Shares × $5 par value)

Additional Paid in Capital-Treasury Stock Dr, $175 (225 - $50)

Retained Earnings Dr, $775

       To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

6 0
4 years ago
The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.
lyudmila [28]
<span>The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business </span>decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 
6 0
4 years ago
If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?
mamaluj [8]

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

5 0
3 years ago
On January 1, Year 1, Brown Co. issued bonds with a face value of $200,000, a stated rate of interest of 10%, and a 20-year term
Iteru [2.4K]

Answer:

the after tax borrowing cost is $12,000

Explanation:

The computation of the after tax borrowing cost is shown below;

= Annual interest - tax savings

= ($200,000 ×0.10)  - ($200,000 × 0.40)

= $20,000 - $8,000

= $12,000

hence, the after tax borrowing cost is $12,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
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