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Natali [406]
2 years ago
9

Which term describes a situation where the quantity of output rises, but the average cost of production falls?.

Business
1 answer:
elixir [45]2 years ago
5 0
Answer: Economies of scale
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The Burger Doodle restaurant chain purchases ingredients from four different food suppliers. The company wants to construct a ne
Fittoniya [83]

Given Information:

Site 1: x1 = 360 , y1 = 180

Site 2: x2 = 420 , y2 = 450

Site 3: x3 = 250 , y3 = 400

Solution:

Xa = 200, Ya = 200, Wa = 75

Xb = 100, Yb = 500, Wb = 105

Xc = 250, Yc = 600, Wc = 135

Xd = 500, Yd = 300, Wd = 60

If centre of gravity is (x,y)

then x = (200*75+100*105+250*135+500*60)/(75+105+135+60)

         x = 238

then y = (200*75+500*105+600*135+300*60)/(75+105+135+60)

         y = 444

Using centre-of-gravity method, location of distribution centre = (238,444)

Using rectilinear distance,

Load distance score of Site 1: 75*(abs(360-200)+abs(180-200))+105*(abs(360-100)+abs(180-500))+135*(abs(360-250)+abs(180-600))+60*(abs(360-500)+abs(180-300)) = 161550

Load distance score of Site 2: 75*(abs(420-200)+abs(450-200))+105*(abs(420-100)+abs(450-500))+135*(abs(420-250)+abs(450-600))+60*(abs(420-500)+abs(450-300)) = 131100

Load distance score of Site 3: 75*(abs(250-200)+abs(400-200))+105*(abs(250-100)+abs(400-500))+135*(abs(250-250)+abs(400-600))+60*(abs(250-500)+abs(400-300)) = 93000

Site 3 tends to be optimal as it offers a lower distance ranking.

8 0
4 years ago
What are some ways that technology could be used to benefit learners of a culture?
777dan777 [17]

Answer:

Removes cultural and language barriers.

For students who may struggle to fit in, technology tools provide a way to engage and equalize—web tools, cameras, word processors, software, can help create opportunities for independence and inclusion.

Explanation:

hope it will help you have a great day bye:)

8 0
2 years ago
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Ainat [17]

Answer:

1. Margin = 8%

2. Turnover = $7,500,000

3. Return on Investment = 12%

Explanation:

Sales for the year = $7,500,000

Net Operating Income = $600,000

Average Operating Assets = $5,000,000

1. Therefore, Margin = ( Net operating Income/Total Sales ) \times 100 = 8%

2. Turnover = Sales for the period = $7,500,000

3. Return on Investment = Net Income/Average Operating assets

= $600,000/$5,000,000 = 12%

5 0
3 years ago
The following units of an inventory item were available for sale during the year:Beginning inventory 10 units at $55First purcha
Leto [7]

Answer:

$1150.

Explanation:

Given: Beginning inventory 10 units at $55

          First purchase 25 units at $60

          Second purchase 30 units at $65

          Third purchase 15 units at $70.

First, lets calculate total units of inventory available.

Total inventory available for sales during the year= (10+25+30+15)= 80\ units

∴ Total inventory available for sales during the year= 80 units

As given 60 units were sold out of total 80 units.

80-60= 20\ units

∴ 20 units of inventory is still remaining.

To determine the cost of unit sold, under LIFO accounting, you start with assumption that you have sold the most recent inventory and work backward.

As 20 units is still available after selling 60 units.

∴ The value of ending inventory= (10\ units \times \$60 + 10\ units \times \$55)

The value of ending inventory= \$600+\$550= \$ 1150

∴ The value of ending inventory using LIFO is $1150.

6 0
3 years ago
Your friend says to you, "America is one of the fairest countries in the world because we have a democracy, and we are able to v
professor190 [17]

Answer and explanation:

Democracy is the state in which individuals of a community make decisions collectively being the interest of most people prioritized. A pure form of democracy is difficult to find even in countries that highly promote equal rights such as the United States.

The Democracy Index is a composite that measures democracies in 167 countries scoring them from 1 to 10 (10 is the highest grade). In 2019, The U.S. was positioned in the 25th place in the list of most democratic countries. <em>Norway </em>is placed in the first place followed by <em>Iceland</em>.

In such a case, <em>we should recommend our friend to take a look at the Democracy Index where he or she will find out that the U.S. is not one of the fairest nations in the world. Its government functioning and political participation are aspects where the U.S. needs improvement.</em>

6 0
3 years ago
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