Make-to-order is a manufacturing process where products are customized to meet customer requirements, with longer lead times. Examples include custom-made wedding dresses with specific design and fabric chosen by the bride.
Make-to-stock process is a manufacturing process where the products are manufactured based on the demand forecast. The products are then placed in stock for sale to customers. This process involves shorter lead times, as the products are completed before the demand arises.
Example: Bottled drinks that are manufactured in bulk and stored in warehouses until they are distributed to retailers.
Assemble-to-order process is a manufacturing process where the products are partially assembled beforehand, but the final assembly is done based on the specific requirements of the customer. This process involves shorter lead times compared to make-to-order and longer lead times than make-to-stock.
Example: Personal computers in which the main components are pre-manufactured, but the final configuration is selected by the customer based on their needs.
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Question 13 of 20
Which of the following most accurately describes the meaning of "human
resources"?
A. People who add value to a business and get tasks done
B. People who are skilled at using business tools
O c. People who succeed in business after initial failure
D. People who start businesses and then sell them
Answer:
The answer is (A)
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(30%) Use the following information to answer questions a-d You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X and Y. The weights of X and Y in P are 0.60 and 0.40, respectively. X has an expected rate of return of 0.14 and variance of 0.01, and Y has an expected rate of return of 0.10 and a variance of 0.0081. The coefficient of correlation, rho, between X and Y is 0.45. a. If you desire to form a portfolio with an expected rate of return of 0.11, what percentage of your money must you invest in the T-bill and P, respectively? b. What would be the dollar values of your positions in X and Y, respectively, if you decide to hold 40% of your money in the risky portfolio and 60% in T-bills? c. If you desire to form a portfolio with a standard deviation of 5.59%, what percentages of your money must you invest in the T-bill, X, and Y respectively d. What would be the dollar value of your positions in X, Y, and the T-bills, respectively, if you decide to old a portfolio that has an expected outcome of $1,200?
Based on the data provided, (a) If you desire to form a portfolio with an expected rate of return of 0.11, the percentage of your money you must invest in the T-bill is 35% and P is 65% ; (b) the dollar values of your positions in X is $240 and Y is $160, if you decide to hold 40% of your money in the risky portfolio and 60% in T-bills ; (c) If you desire to form a portfolio with a standard deviation of 5.59%, the percentages of your money you must invest in the T-bill is 20%, X is 48% and Y is 32% respectively ; (d) the dollar value of your positions in X is $96, Y is $64, and the T-bills is $840, if you decide to old a portfolio that has an expected outcome of $1,200.
a. The portfolio is the combination of T-bill and risky securities X and Y.
The expected rate of return of the portfolio (ERp) and weights of X and Y are given below :
Expected rate of return of T-bill, Rf = 0.05
Expected rate of return of portfolio, ERp = 0.11
Weight of X, wx = 0.60 ; Weight of Y, wy = 0.40
To calculate the percentage of money to invest in the T-bill and portfolio, we use the following formula :
wx + wy + wt = 1 where wt is the weight of T-bill.
Now , ERp = wx × Ex + wy × Ey + wt × Rf
0.11 = 0.60 × 0.14 + 0.40 × 0.10 + wt × 0.05
wt = 0.35
Hence,The percentage of money to invest in T-bill = wt × 100= 0.35 × 100= 35%
The percentage of money to invest in the portfolio = (1 - wt) × 100= (1 - 0.35) × 100= 65%
b. The dollar values of the positions in X and Y are calculated as follows :
Total money to invest = $1,000
Money invested in the risky portfolio = 40% of $1,000= $400
Money invested in T-bill = 60% of $1,000= $600
Now, Weight of X, wx = 0.60 ; Weight of Y, wy = 0.40
The dollar value of the position in X = wx × Total money invested in the risky portfolio = 0.60 × $400= $240
The dollar value of the position in Y = wy × Total money invested in the risky portfolio = 0.40 × $400= $160
c. Standard deviation of the portfolio (σp) and weights of X, Y, and T-bill are given below :
σp = 5.59% ; Weight of X, wx = ? ; Weight of Y, wy = ? ; Weight of T-bill, wt = ?
Using the formula :
σp2 = wx2 × σx2 + wy2 × σy2 + 2 × wx × wy × ρxy × σx × σy
where ρxy is the correlation coefficient between X and Y.
Now , σp2 = (0.60)2 × 0.01 + (0.40)2 × 0.0081 + 2 × 0.60 × 0.40 × 0.45 × 0.01σp = 5.59%
wt = [ERp - wx × Ex - wy × Ey] / Rf = [0.11 - 0.60 × 0.14 - 0.40 × 0.10] / 0.05
= 0.20wx + wy = 1 - wt = 1 - 0.20
= 0.80wx / (wx + wy) = 0.60wx = 0.48wy = 0.32
Hence,The percentage of money to invest in T-bill = wt × 100= 20%
The percentage of money to invest in X = wx × 100= 48%
The percentage of money to invest in Y = wy × 100= 32%
d. Let the dollar value of X be $x, the dollar value of Y be $y, and the dollar value of T-bill be $z.
Now, Expected outcome of the portfolio = $1,200
ERp = wx × Ex + wy × Ey + wt × Rf1
200 = 0.60 × 0.14 + 0.40 × 0.10 + 0.05 × T-bill
Therefore, T-bill = ($1,200 - 0.60 × 0.14 - 0.40 × 0.10) / 0.05= $840
The total money invested in the portfolio = $1,000 - $840= $160
Let the dollar value of the position in X be $x, and the dollar value of the position in Y be $y.
Weight of X, wx = 0.60 ; Weight of Y, wy = 0.40
The dollar value of the position in X = wx × Total money invested in the risky portfolio = 0.60 × $160= $96
The dollar value of the position in Y = wy × Total money invested in the risky portfolio = 0.40 × $160= $64
Thus, Based on the data provided, (a) If you desire to form a portfolio with an expected rate of return of 0.11, the percentage of your money you must invest in the T-bill is 35% and P is 65% ; (b) the dollar values of your positions in X is $240 and Y is $160, if you decide to hold 40% of your money in the risky portfolio and 60% in T-bills ; (c) If you desire to form a portfolio with a standard deviation of 5.59%, the percentages of your money you must invest in the T-bill is 20%, X is 48% and Y is 32% respectively ; (d) the dollar value of your positions in X is $96, Y is $64, and the T-bills is $840, if you decide to old a portfolio that has an expected outcome of $1,200.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
andre is completing a questionnaire containing over 400 items covering five major categories: tools and equipment, perceptual and physical requirements, mathematical requirements, communication requirements, and decision making and responsibility. andre is using the:
André is completing a questionnaire containing over 400 items covering five major categories: tools and equipment, perceptual and physical requirements, mathematical requirements, communication requirements, and decision-making and responsibility. André is using the survey method.
What is a questionnaire? A questionnaire is a data-gathering method that includes a series of questions, statements, or other items that elicit responses from a sample of participants. Researchers employ questionnaires to learn about attitudes, beliefs, values, behaviors, personality qualities, and other attributes, among other things. Questionnaires may be used to gather data on a wide range of subjects, including personal and sensitive subjects. They may be used in a variety of settings, such as academic research, professional research, medical research, and market research.
The types of questionnaires are as follows: Structured Questionnaires, Unstructured Questionnaires, Open-ended Questionnaires, Closed-ended Questionnaires, Likert Scale Questionnaires, Semantic Differential Scale Questionnaires Symptom Checklist Questionnaires, Attitude Scale Questionnaires.
Likewise, André is using the survey method, which is one of the types of questionnaires. The survey is a popular research method that allows for the collection and analysis of data from a large sample of people. Surveys may be done in-person, online, over the phone, or by mail.
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denny's boss asks him to pick up her dry cleaning. denny believes that this task is not part of the conditions of his employment, and as a result, feels very dissatisfied. his boss has:
Denny' boss has violated her psychological contract with Denny.
What is a psychological contract and why is it important?
The psychological contract is a concept that originated in the 1960s and was later developed by American academic Denise Rousseau
Unlike a formal, codified employee contract, a psychological contract is an unwritten set of expectations between the employee and the employer. It includes informal arrangements, mutual beliefs, common ground and perceptions between the two parties.
It can be seen as:
1. How people are treated within the organization .
2. Friendly firms include giving respect. Addressing everyone with proper and gently.
Therefore , Psychological Contract explains the whole process.
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an example of an indirect action message would be which of the following?
An example of an indirect action message would be, "Would you like to attend the conference next week"
An indirect action message is when the writer does not explicitly state what he or she wants the receiver to do. The writer is either unsure of what the reader's reaction will be or does not want to come across as bossy. A question is an excellent indirect action message because the writer is soliciting input from the receiver.
Example: "Would you like to attend the conference next week?" is an indirect action message. The writer is inquiring about the receiver's availability without pressuring them to attend. This is an excellent way to avoid coming across as domineering.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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According to the acquired needs theory, the desire to influence others is part of the need for:.
Based on the acquired needs theory, the desire to influence others is part of the need for power self-actualization achievement.
What is acquired need theory?Acquired needs theory is said to be a theory that is also called McClelland's Needs Theory or Three-Needs theory.
Conclusively, this is known to be a theory that is as a result of the view that individual's needs are gotten as they live their lives or via life experiences and that the desire to influence others is part of the need for power self-actualization achievement.
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Louisa works in marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?
A. Conducting meetings at a satellite office
B. Working on new marketing campaigns at home
C. Participating in teleconferences in her home office
D. Training other employees to use a computer
Answer:D
Explanation: so other employees have more experience and will be able to help around the office more
Answer:
The correct answer to your question is B. Working on new marketing campaigns at home.
Explanation:
Edge 2021:)
Why are entrepreneurs essential to the success of a free enterprise economy?
Answer:
they help the market respond to changing prices and consumer preferences.
Explanation:
Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.
What are ways to access your money in your checking account?
You can make payments using check cards, automated teller machines (ATMs), or paper checks. Apply an ATM. You can visit an ATM to withdraw money if you have an ATM (Automated Teller Machine) card or debit card linked to your bank account.
Atmosphere (unit) or atm, a unit of atmospheric pressure, automated teller machine, a cash dispenser, or cash machine are all terms that are frequently used interchangeably. Automated Teller Machines, sometimes known as ATMs, are self-service banking locations. You can send dollars, check your balance, and withdraw money. By placing ATMs in various locations across the nation, different banks offer their ATM services. Automated teller machines (ATMs) are online banking locations that let customers do transactions without visiting a bank branch. Various operations, including check deposits, balance transfers, and bill payments, are possible with certain ATMs, while others are just straightforward cash dispensers.
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He "broken window fallacy" a. explains why inflation is so high. b. is illustrated when a government program is justified not on its merits but on the number of jobs it will create. c. has nothing to do with public policy. d. is a justification for the government to print more money.
Answer: b. is illustrated when a government program is justified not on its merits but on the number of jobs it will create.
Explanation:
The broken window fallacy is simply a parable that is used to denote that when a country guess to war, it may be good for the country as it is good for the country's economy. It is a message which denotes that a beneficial event that can result in economic consequences that are negative for many others.
The broken window fallacy is illustrated when a government program is justified not on its merits but on the number of jobs it will create.
example of business operations training.
Answer:
Key operating activities for a company include manufacturing, sales, advertising and marketing activities. The operating income shown on a company's financial statements is the operating profit remaining after deducting operating expenses from operating revenues
Explanation:
When a spelling error is indicated, what is a quick way to see a list of possible corrections?
Left click on the spelling error
Cut the spelling error
Highlight the spelling error
Right click on the spelling error
The number of separate businesses a firm operates and the degree of ___________ of those businesses increase a firm's level of diversification.
A) diversity
B) economy of scale
C) relatedness
D) management
Answer: C) relatedness
The number of separate businesses a firm operates and the degree of relatedness of those businesses increase a firm's level of diversification.
What is Diversification?
By introducing or acquiring new items, businesses can increase their market share or access new markets (perhaps through licensing, merger, or acquisition). It enables a business to develop by raising its market share in an already-existing market or by establishing a presence in that market. Innovation and market disruption are fundamental components of diversification.
In an effort to lower portfolio risk, the concept of diversification combines a wide range of investments. Investing in several asset classes, such as stocks, bonds, real estate, or cryptocurrencies, is the most common way to diversify one's portfolio.
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What are the major provisions of the Equal Credit Opportunity Act? Respond in 3-4 sentences.
Also research what creditors look for? Explain in detail
Answer:
Explanation:
The major provisions of the Equal Credit Opportunity Act are that it is against the established law for any creditor to differentiate against any applicant, based on certain characteristics such as race, color, religion, national origin, sex, marital status, or age
It is also considered illegal for any creditors to ask questions such as "their marital status or if they have the intention to have children.
Also, the usual practice is to inform any applicants of the status of their credit application, whether it is granted or otherwise within 30 days of application.
Generally, creditors look for information that may suggest that the applicants can easily repay their loan or credit facilities. Such as your income level, and age.
The cost-benefit principle states that _____ are the incentives that shape decisions.
The cost-benefit principle states that costs and benefits are the incentives that shape decisions.
How is the cost-benefit principle used?According to the fundamental of economics, the cost-benefit principle states that every rational being is likely to take into consideration the cost and the benefit of one or a set of decisions before a final choice is taken.
In order words, a line of decision for example an investment should only be undertaken only if the benefits associated with the cost of such investment are at least as large or way larger than the cost.
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Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?
1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.
1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.
2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.
3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.
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Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
as digital communication technologies have advanced, it is possible for marketers to
As digital communication technologies have advanced, As digital communication technologies have advanced, marketers have gained the ability to leverage the interconnectedness of various platforms and networks to target specific groups of consumers with personalized messages and advertisements.
Explanation: Digital communication technologies have allowed marketers to access more information about their target audience than ever before. This information can be used to create personalized messages and advertisements that are tailored to specific groups of consumers. By using data analytics and machine learning algorithms, marketers can analyze consumer behavior and create targeted campaigns that are more likely to resonate with their target audience. This has the potential to increase engagement and drive more sales.
As digital communication technologies have advanced, marketers can leverage data analytics to better understand consumer behavior and create targeted campaigns that are more likely to resonate with their target audience. By creating personalized messages and advertisements, marketers can increase engagement and drive more sales. With machine learning algorithms, marketers can analyze large data sets and identify patterns and trends in consumer behavior. This allows them to create more effective campaigns that are tailored to specific groups of consumers. The ability to target specific groups of consumers with personalized messages and advertisements has revolutionized the marketing industry and has the potential to significantly increase sales and brand awareness.
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Sarah wants to separate the employee id numbers from its middle letters. help her use the mid function to set up her formula. employee id numbers are in the format 123ab6789 and begin in cell a2. select the cell where you want the information to be placed. type to begin the formula, and use the function . within parentheses, add the argument . press enter to complete the formula.
1) = is used to start the formula, followed by the function MID in parentheses, the argument, and finally A2,4,2 to finish it.
What are examples and argument?What that really means to present an argument is to offer a collection of premises as justifications for accepting the conclusion. It's not always necessary to attack or denigrate the opposing party in an argument. Discussions can also be employed to back up the beliefs of others.
What makes it an argument, exactly?Astronomy, which historically utilized tables to establish the spatial coordinates of planets given their positions in the sky, is where the name "argument" in this sense originated. These tables were grouped according to measured angles called arguments, or, literally, "the one that explicates something else."
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Answer:
=, MID, A2,4,2
Explanation:
A requirement of two-resource sequencing rule is that:a. all jobs must begin at the same timeb. each job must be processed first on the first resource and the on the second.c. a maximum of two jobs can be processed at a time on each resourced. total processing time must be minimized
A requirement of two-resource sequencing rule is that each job must be processed first on the first resource and the on the second. Hence, option (b) will be regarded as the relevant option choice.
Give a brief account on Johnson's rule.Johnson's rule is a technique used in operations research to schedule tasks between two work centers. Its main goal is to determine the best order of tasks to shorten the makespan (the total amount of time it takes to complete all jobs). Additionally, it cuts down on the amount of downtime between the two work centers. With two work centers, the strategy reduces the makespan. In the case of three work centers, the approach also determines the shortest makespan if further conditions are satisfied.
Johnson's rule goes like this:
Describe the tasks and times for each work center.Choose the position with the quickest turnover time. Schedule the job first if that activity time is for the first work center. Schedule the job last if that activity time is for the second work center. Break off ties at random.The shortest job should not be given any further thought.Up until all jobs have been scheduled, repeat stages 2 and 3, moving toward the center of the job schedule.To know more about, Johnson's rule, visit :
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edward has a job that does not pay well but is personally meaningful. lisa, on the other hand, has a job that pays well but that bores her. what would the research on motivation predict?
Edward will be more joyful and perform better since he has high characteristic inspiration would the examination on inspiration foresee.
A kind of market research called motivational research tries to find out what really drives, wants, and needs people. Observation, in-depth interviews, and focus groups are all common methods for studying motivation.
Observation, focus groups, and depth interviews are the three most common methods of motivational research. Hypotheses about human motivations can be derived from observation in a productive manner. This method was first developed by anthropologists.
Motivation is a psychological phenomenon that comes from within an individual. A person experiences a lack of certain needs, which he perceives as necessitating more work. A person is motivated to perform better than he normally does by the need-satisfying ego.
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You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel the second employee has done outstanding work, and you want to give her a $3,000/year raise. The company has limited you to a total increase in payroll of 5% for next year. How much of a raise can you afford to give to the first employee if you give the second employee a $3,000/year raise?
Answer:
Zero,( no raise at all)
Explanation:
The total labor cost for the two employees is
=$36,000 + $24,000
=$60,000
If only 5% of increases in payroll is approved, the actual increase
=5/100 x $60,000
=0.05 x $60,000
=$3,000
If the second employee is to get a raise of $3,000 per year, then the first employee will not get any raise.
Which of the following should show a profit in order for a financial institution to give a the company a loan
a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable
Answer:
A I think not really sure hope this helps you
if the federal reserve is trying to implement expansionary monetary policy, it is most likely to in the hopes of .
The federal reserve's expansionary monetary policy is likely designed to either prevent or moderate economic downturns and recessions.
What is an Expansionary Monetary Policy?A type of macroeconomic monetary policy known as an expansionary monetary policy aims to accelerate monetary expansion to encourage domestic economic expansion.The expansion of the money supply must help the economy grow.Consumer spending rises as a result of the money injection, as do business capital investments.What Are the Effects of an Expansionary Monetary Policy?The economy may undergo significant transformations as a result of an expansionary monetary policy.The most typical outcomes are as follows:
Stimulation of economic growth. Increased inflation. Currency devaluation. Decreased unemployment.The federal reserve's expansionary monetary policy is likely designed to either prevent or moderate economic downturns and recessions.
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a speech evaluating something's work, significance, or quality is a
A speech evaluating something's work, significance, or quality is a critique. In a critique, the speaker provides an analysis and assessment of a particular subject, such as a piece of artwork, a performance, a book, or an idea.
The purpose of the speech is to evaluate the merits, strengths, weaknesses, and overall value of the subject based on specific criteria. The speaker may discuss the subject's effectiveness, impact, originality, relevance, or any other relevant aspects to form an informed judgment. A critique typically involves providing a balanced and well-reasoned assessment, highlighting both positive and negative aspects, and offering constructive feedback or recommendations for improvement. It aims to provide an objective evaluation while offering insights and opinions to inform the audience's understanding and perspective on the subject being discussed.
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How believable and authoritative someone is refers to:
OA. credibility and character.
B. the audience and their expectations.
OC. appeals and arguments.
OD. emotions and logic.
According to the question, believable and authoritative someone is refers to credibility and character.
What is authoritative?Authoritative is a type of leadership style where a leader has the final say in decisions and is respected by the team. It involves a leader setting clear goals and expectations and providing instructions on how to complete tasks. The leader is also firm and consistent in enforcing the rules and expectations, and provides guidance and support when needed. This type of leadership is often suited to situations where a leader needs to take a decisive action or make a quick decision. It also works well when a team is working on a specific task that requires discipline and focus. Authoritative leaders are often seen as strong and respected, and their teams are typically well-organized and productive.
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Business marketing fundamentally differs from consumer marketing in which way?.
The primary difference between the two is that c.Business marketing involves buyers who intend to resell the product or use it in the creation of other products.
What is business marketing?It involves selling goods and services to other businesses. Goods sold are often in large volume as they will be used in further production.The marketing here will therefore be more personalized than consumer marketing as marketers go to individual companies and try to convince them to buy from them or sell to them.
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Give me 3 websites that sell legit sneakers (Jordans, Nike), for a cheap price.
Places other than Footlocker, Champs, Nike, FinishLine, Mercari, Goat, Stockx, Eastbay, and eBay!
Answer:
Explanation:
The 3 Best Places Online to Find Authentic Jordans on Salehttps://www.bradsdeals.com › cheap-jordans-for-sale
Jul 16, 2020 — Ever since Michael Jordan began slam-dunking from the free throw line in the 80s, his shoes have succeeded wildly as one of the most coveted ...