Answer:
<em>Flexible manufacturing</em>
Explanation:
One major thing that robots and machine add to any production process, is flexibility. Flexible manufacturing systems are real-time production systems, they act according to the need of the production process. The Flexible manufacturing system is configured to run automatically with sets of interconnected machines that perform end to end function.
The machinery and robots that are manufactured by MachineX, Inc are likely sold to the companies that require flexible manufacturing, that is essentially what robots and machines offer to the production process
Answer:
0.63; rises
Explanation:
The computation of the price elasticity of demand using the mid point formula which is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded would be
= Q2 - Q1
= 650 units - 590 units
= 60 units
And, average of quantity demanded is
= (650 units + 590 units) ÷ 2
= 620 units
Change in price would be
= P2 - P1
= $1.75 - $1.50
= $0.25
And, average of price is
= ($1.75 + $1.50) ÷ 2
= 1.625
So, after solving this, the price elasticity is 0.63
Since the price of good X rises from $1.50 to $1.75, so the total revenue rises
Answer:
$729
Explanation:
We can calculate the actual cost value by first multiplying the purchase value by the depreciation rate and after that deducting that amount from the replacement cost.
DATA
Replacement value = $1,200
Purchase value = $942
Depreciation rate = 3 years/6 years = 0.5
Solution
Acutal cost value = Replacement value - ( Purchase value x Depreciation rate)
Acutal cost value = $1200 - ($942 x 0.5)
Acutal cost value = $729
Answer:
B. Depreciation Expense
Explanation:
<u>Depreciation Expense</u> appears in a post-closing trial balance. As we know that "Depreciation expense" is just the outlay of depreciation that is inscribed on the income declaration. In different words, it is the value of an asset's expense that has been earmarked as well as described as an expense for the time (month, year, etc.) presented in the earnings statement's head.