Applications of scientific principles to manufacturing shift the product focus from internal to mass production.
So, the answer is D.
What is mass production?Mass production is a way of producing things in a cost-effective manner when large quantities of identical products are required. It usually necessitates a mechanized process, a high level of organization, and the use of standardization and interchangeable parts.
Henry Ford is frequently credited with being the originator of mass production when he introduced the concept of a moving production line in 1913.Mass production is the answer to the question you provided.
Hence, the answer of the question is D
Learn more about mass production at:
https://brainly.com/question/28518718
#SPJ11
hello answer my riddle what can run but not walk
A manufacturing company had been under pressure to increase profits, so it began to produce additional goods. The company was encouraged by the initial increases in revenue, even though profits per item produced were lower than average. Still, total profits increased, so the company decided to make another significant increase in production. This time, however, the profit per item had decreased so much that the company made almost no extra profit from the increase in production. This situation illustrates what concept?
A. Productivity analysis
B. Cross-training
bC. Law of diminishing returns
D. Comparative advantage
Answer:
C. Law of diminishing returns
Explanation:
Diminishing marginal returns is when a manufacturing firm experiences reduced returns as production increases. According to the theory of diminishing marginal return, a business experiences increased returns with the added inputs until it reaches its maximum production capacity. Additions inputs will not results in more output as production has already reached its peak.
Deploying additional inputs will result in reduced profitability. Inputs are a cost to a business. The additional expenses are not resulting in extra income as output is not increasing. The manufacturing firm was experiencing reduced profits per item because costs were increasing, but income was constant.
an operating agreement is required for a limited liability company to exist, and it must be in writing. true false
An operating agreement is required for a limited liability company to exist, but it need not be in writing.
A limited liability company's (LLC) operating agreement is a crucial document that outlines the company's financial and operational decisions, as well as its rules, laws, and requirements. The document's goal is to regulate the company's internal operations in a way that meets the unique requirements of the owners, referred to as "members," of the company. The limited liability company's members are legally obligated to abide by the conditions of the instrument once they have signed it. Only three states—California, Missouri, and New York—have laws requiring an operating agreement. The state's default norms, established by state court decisions and found in the applicable statute, apply to LLCs operating without an operating agreement.
Learn more about operating agreement here:
https://brainly.com/question/12958233
#SPJ4
Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500 were quoted for $250 and the 2000 Toyota Tundra was quoted for $245. To help Brent make his decision gather some more reliable information by using newspapers, or looking at their Web sites, and reviewing consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and include the notes you take from each source.
Use the PACED decision-making process to make the decision for Brent. Show your work.
The sources that one could use to gather some more reliable information regarding the insurance companies are;
P - Problem - there is a need to make a choice
A - Alternatives - The alternatives here are two insurance companies
C - Criteria - We need to establish the company that is more reliable
E - Evaluate - This is the process of comparing information obtained about both companies
D - Decision making - This is the process of making a decision to go with the best insurance company.
Learn more about Paced Decision making:
https://brainly.com/question/10041370
#SPJ1
Beef is a normal good. There is increase in income and, as a result, the total revenues earned by beef
producers increase. We can conclude:
A the demand for beef must be elastic.
B the demand for beef must be inelastic.
C the supply of beef must be elastic.
D the supply of beef must be inelastic .
E none of the above
A the demand for beef must be elastic.
Since beef is a normal good, an increase in income leads to an increase in the quantity demanded.
The total revenues earned by beef producers increase, indicating that the percentage change in quantity demanded is greater than the percentage change in price. This suggests that the demand for beef is elastic.
When a small change in price results in a relatively larger change in the quantity demanded, the good is said to have elastic demand. In the case of beef, an increase in income leads to an increase in the quantity demanded, indicating that beef is a normal good.
As a result, if the price of beef were to increase, the demand for it would decrease by a relatively larger percentage, since consumers would be more likely to switch to cheaper alternatives.
This means that the demand for beef is elastic, as a small change in price would result in a relatively larger change in the quantity demanded.
To learn more about demand, refer below:
https://brainly.com/question/29761926
#SPJ11
A company produces 10 items, charges $45 per item. When it produces 20 items, it charges $40 per item. Cost to produce 10 items is $450, cost to produce 20 items is $650. What is the price, cost, revenue, profit functions. What is the break-even points, max profit and items to produce to get max profit.
Answer:
a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
b. Break-even point = Total Revenue = Total Cost
= $450 = $450
break-even point in units = 10 items
c. Maximum profit = $150
Items to produce to get max profit = 20 items
Explanation:
a) Data and Calculations:
Sales Revenue for 10 items = $450 ($45 * 10)
Cost of sales for 10 items = $450
Sales Revenue for 20 items = $800 ($40 * 20)
Cost of sales for 20 items = $650
The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
For 10 items, function yields = {($45 * 10) - $450} = 0
For 20 items, function yields = {($40 * 20) - $650} = $150
Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):
Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):
Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):
The choice are:
Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser
Answer:
1) Food scientist
2) Farm management advisor
3) Farm labor contractor
Explanation:
What are interpersonal skills?
A.
the skills required to develop your personality
B.
the skills required to grow in your job role
C.
the overall way of portraying yourself when communicating with others
D.
the overall way you deal with conflicts
Answer:
The answer is 2
Explanation:
Answer is the letter D the overall way you deal ith conflicts
Answer:
C.
the overall way of portraying yourself when communicating with others
Explanation:
The yield curve spread between the 10-year t-bond yield and the federal funds rate is a _______ economic indicator.
The yield curve spread between the 10-year t-bond yield and the federal funds rate is a leading economic indicator.
What is an economic indicator?This is the term that is sued to refer to the macroeconomic indicator that helps the economic analysts to be able to understand and carry out the future economic activities that would be done in the area. It helps to also recognize opportunities.
Hence we can say that the yield curve spread between the 10-year t-bond yield and the federal funds rate is a leading economic indicator.
Read more on economic indicator here: https://brainly.com/question/8648300
#SPJ1
how did simon cowell get famous
Answer:
After some success in the 1980s and 1990s as a record producer, talent scout and consultant in the UK music industry, Cowell came to public prominence in 2001 as a judge on Pop Idol, a show which he and its creator Simon Fuller successfully pitched to ITV Controller of Entertainment Claudia Rosencrantz.
Explanation:
Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider
Answer:
Policy holder
Explanation:
There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.
Answer:
Policy Holder
because of automation, which component of product cost is declining?
Bernice's preferences can be represented by the utility function, U(x, y) = min{x,y}. She faces prices ($4, $1), and her income is $40. If prices change to ($5, $3),< ( 1) What is the compensating variation in income for this price change?< 2) What is the equivalent variation in income for this price change?
1. The compensating variation in income for this price change The utility function that represents Bernice's preferences is given as U(x, y) = min {x, y}.
Bernice's income is $40 and she faces the prices ($4, $1).
This implies that she can purchase either x or y, or both x and y with her given income.
Let the amounts of x and y that Bernice purchases be denoted as x1 and y1 respectively.
Let P1 = ($4, $1) and P2 = ($5, $3).
When prices change to P2, Bernice's real income with respect to P1 can be given as:
I1 = P1x1 + P1y1 = ($4x1 + $1y1)
I2 = P2x2 + P2y2 = ($5x2 + $3y2)
We know that Bernice's income is $40, therefore I1 = I2 = $40
Also, x2 = x1 / (5/4) {as the price of x has increased from $4 to $5} and y2 = y1 / (3/1) {as the price of y has increased from $1 to $3}.
Substituting these values in the equation I2 = P2x2 + P2y2, we get:
$40 = $5(x1 / (5/4)) + $3(y1 / (3/1))
On simplifying, we get:
$40 = (4/5) ($5x1) + (1/3) ($3y1)
The compensating variation (CV) in income is defined as the amount of income that needs to be given to Bernice so that her utility level remains the same when prices change from P1 to P2.
Mathematically, we can represent CV as:
CV = I2 - I1 - (P1 - P2).Ux1, y1) / MUX1, y1)CV = $40 - $40 - [(($4 + $1) - ($5 + $3)) . min{x1/5, y1/3}] / min{x1, y1}On simplifying, we get:CV = - ($2/15) min{x1, y1}
Thus, the compensating variation in income is -$2/15 times the minimum of the amounts of x and y that Bernice purchases.
2. The equivalent variation in income for this price changeThe equivalent variation (EV) in income is defined as the amount of income that needs to be given to Bernice when prices change from P1 to P2, such that Bernice is indifferent between the two price levels. Mathematically, we can represent EV as:
EV = I1 - I2 + (P1 - P2).U(x2, y2) / MU(x2, y2)EV = $40 - $40 + [(($4 + $1) - ($5 + $3)) . min{x2/5, y2/3}] / min{x2, y2}On simplifying, we get:EV = ($3/5) min{x2, y2}
Thus, the equivalent variation in income is $3/5 times the minimum of the amounts of x and y that Bernice purchases.
To know more about utility function visit:
https://brainly.com/question/30652436
#SPJ11
How do you use the Selection Bar to select an entire document?
single-click in the Selection Bar
double-click in the Selection Bar
triple-click in the Selection Bar
quadruple-click in the Selection Bar
The answer is triple-click in the Selection Bar.
The Selection Bar is the gray bar on the left side of the document, next to the line numbers, in most text editing software. To select an entire document, you need to triple-click in the Selection Bar. This will highlight all the text in the document, making it ready for any editing or manipulation.
A single-click in the Selection Bar will select a line of text.
A double-click in the Selection Bar will select a word.
A quadruple-click in the Selection Bar is not a common method to select an entire document and it may not work in all the text editing software.
It's worth noting that there are also other ways to select an entire document, such as using keyboard shortcuts (Ctrl+A or Command+A) or by going to the Edit menu and selecting "Select All."
Keep in mind that the method of selection may vary depending on the text editor you are using, but the triple-clicking the Selection bar is a common method.
Hope This Helps You!
one of the unpleasant secrets of using your credit card for a cash advance is that the apr on the cash advance is typically lower than the apr for normal purchases.
One of the unpleasant secrets of using your credit card for a cash advance is that the APR (Annual Percentage Rate) on the cash advance is typically higher than the APR for normal purchases, not lower.
When you use your credit card for cash advances, such as withdrawing cash from an ATM or writing convenience checks, credit card companies usually impose higher interest rates on these transactions compared to regular purchases. The APR for cash advances tends to be significantly higher, often accompanied by additional fees or finance charges.
This higher APR is due to several factors, including the increased risk associated with cash advances, the immediate availability of funds, and the potential lack of a grace period for interest charges. It is important to carefully review your credit card terms and conditions to understand the specific APR and fees associated with cash advances, as they can quickly accumulate and lead to substantial interest costs.
To learn more about APR click here
https://brainly.com/question/31355139
#SPJ11
Define the mergers and acquisitions of Tesla and define what has the company gained?
A shopper sees two brands of spaghetti sauce. One is store brand, and the other is a well-known national brand. Even though the two sauces taste extremely similar, the shopper believes the national brand is more valuable. Based on money’s function as a measure of value, which brand would the shopper be willing to pay more for? Why?
Answer:
The shopper would being willing to pay more for the brand name sauces particularly because of the brand name. If the shopper knows that the brand is trustworthy and well known the chances of them buying it, despite the price, rises.
Explanation:
Hi there! I hope this helps! Good luck! :)
the successful implementation for change only happens when people accept the need for change and believe that it will improve factors such as productivity and/or customer satisfaction. a) true b) false
The statement is true. Successful implementation of change in an organization relies on the acceptance of change by people within the organization.
For change to be effective, individuals need to recognize the need for change and believe that it will lead to improvements, such as increased productivity or enhanced customer satisfaction. When people embrace the need for change and perceive its potential benefits, they are more likely to support and actively participate in the change process. This acceptance creates a positive mindset and a willingness to adapt to new ways of doing things, which is crucial for the successful implementation of change initiatives. On the other hand, if individuals resist or do not see the value in the proposed changes, it can hinder the implementation process and impede the desired outcomes. Therefore, gaining acceptance and belief in the need for change is a fundamental factor in achieving successful organizational change.
learn more about implementation here :
https://brainly.com/question/32181414
#SPJ11
If the charitable contributions of a firm are tied directly to the customer revenues produced through the promotion of one of its products, it is practicing ______.
Distinguish between the sources of information about foreign employment and the ways of getting it.
Working for a company in another country is referred to as foreign employment, and you usually only work in one country. This wouldn't be your native country .
While the terms "foreign employment" and "international workforce" (people of a different nationality) are sometimes used interchangeably, the term really refers to a multinational corporation expanding outside of its home country and recruiting there.
Employers prefer foreign employment because they cannot find qualified local employees, necessitating the hiring of foreigners to do the job.
The following are some methods for obtaining information about foreign employment:
Newspapers, notice boards, electronic media (radio, FM, television, etc.), websites, and public programs
Learn more on foreign employment-
https://brainly.in/question/15969075
#SPJ9
Question 1 of 15.
Your Total Labor Cost was $27,750. Management Labor was $4,575 and Tax & Benefits were $8,150. Your average Direct Labor Hourly Wage was $10.25. How many Direct Labor Hours did you use?
Direct Labor Hours pay =3,948.78.
Direct Labor work cost is a part of wage-bill or payroll that may be mainly and constantly assigned to or related to the manufacture of a product, a particular work order, or provision of a provider.
Direct labor value is easy to recognize. It refers to the fees, which include wages and other advantages, that you incur for employees that at once paint at the tasks including the laborer, rigger, foreman, and pipefitter. oblique hard work refers to employees who aren't involved in planning or construction initiatives.
The total Labor Cost was $27,750.
Management Labor was $4,575 '
Tax & Benefits were $8,150.
Total cost invluding = $27,750. + 4,575 + $8,150.
= $40475
Direct Labor Hourly Wage = $10.25.
Direct Labor Hours pay =3,948.78
Learn more about Direct Labor here:-https://brainly.com/question/26245657
#SPJ9
Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B. To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Answer:
its B
Explanation:
TRUST
Which of the following is best for targeted marketing tactics? Select one.
a. LinkedIn
b. Billboards
c. Radio commercials
d. Banners
Answer:
C
Explanation:
I think it is C because radio commercials seem WAY more convincing.
Let me know if it helps! :)
MAKE ME A KRABBY PATTY SO I CAN GIVE IT TO PLANKTON!!!
It has often been said that the greatest impediment to the success of a small business is the
A. entrepreneur.
B. government.
C. competition.
D. business environment.
E. lack of funding.
The answer to your question is E. Lack of funding. Lack of funding is often considered the greatest impediment to the success of a small business because it limits the resources available to the business.
Without sufficient funding, a small business may struggle to hire the necessary staff, purchase the needed equipment and inventory, or invest in marketing efforts. This lack of resources can hinder the growth and development of the business, leading to a decline in sales and profits.
Additionally, a lack of funding can make it difficult for a small business to weather unexpected setbacks, such as economic downturns or changes in consumer behavior.
Overall, having access to adequate funding is critical to the success of a small business, as it allows the business to invest in its growth and compete with larger, more established companies.
Learn more about sufficient funding here:
brainly.com/question/28215251
#SPJ11
solve this problem urgently and perfectly
In which type of processing system best describes the construction of Little Caesar's Arena. A. job shop B. batch C. assembly D. continuous E. project
The type of processing system that best describes the construction of Little Caesar's Arena is the project system. A project system is a collection of organizational resources and workflows that are put together to facilitate the successful completion of a project or program.
It is a systematic approach to project design and management that is tailored to the needs of the project at hand. Projects are characterized by their unique and temporary nature, with a defined beginning and end, and are designed to produce a unique product, service, or result.
In the case of Little Caesar's Arena, it was built as a unique project to produce a sports and entertainment venue. Therefore, the type of processing system that best describes the construction of Little Caesar's Arena is the project system.
To know more about Project System visit:
https://brainly.com/question/32349592
#SPJ11
how do hunting licenses protect extinction of those animals? licenses provide clear property rights to the owner to hunt. licenses provide a way to eliminate opportunity costs of hunting. hunters have less incentive to hunt all together. hunters buy more licenses which increases costs.
Hunting licenses can help protect animals from extinction by providing a legal framework that regulates hunting and ensures that it is sustainable.
How does the hunting licenses work ?By requiring hunters to purchase licenses, governments can control the number of animals that are hunted and set limits on the number of licenses that are issued each year. This can prevent overhunting and help protect animal populations from being depleted to the point of extinction.
Additionally, hunting licenses can generate revenue that can be used for conservation efforts. The fees that hunters pay for licenses can be used to fund habitat restoration, anti-poaching efforts, and other conservation programs that help protect animal populations.
Moreover, hunting licenses can provide clear property rights to the owner to hunt. This can help prevent illegal hunting and poaching, which can threaten animal populations. By regulating hunting through licensing, governments can also ensure that hunting is done in a sustainable and responsible way, reducing the risk of overhunting and helping to protect animal populations for future generations.
to know more about the Hunting licenses , visit :
https://brainly.com/question/15231352
#SPJ1
What is 3 + 3 and 2 +2 What is 1 + 1
Answer:
3 +3 = 6
2 + 2 = 4
1 + 1 = 2
6, 4, and 2 are 3 + 3 and 2 +2, 1 + 1 respectively.
What is basic addition?Adding at least two integers together is considered basic addition. Once they have mastered counting, students can begin learning basic addition. Students can utilize an addition chart as a learning aid by starting at the row with the first addend and working their way down to it.
The addition is a mathematical operation that combines two or more numbers to give a total or sum. The symbol for addition is "+" and the numbers being added are called addends. For example, in the equation 3 + 3 = 6, 3 and 3 are the addends and 6 is the sum. The addition is one of the four basic arithmetic operations, along with subtraction, multiplication, and division. It is used extensively in many areas of mathematics, science, engineering, and everyday life.
Learn more about Addition here:
https://brainly.com/question/29560851
#SPJ1
The Department of Labor’s Occupational Outlook Handbook is relatively expensive and not available for use by the general public.
True
False
Answer: false
Explanation: just got it right
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
Why are personal care aides expected to be paid so little in spite of being in such great demand?
Answer: Because they were the least educated, (something to do with that).
Explanation: