The batch size should be 1,778 units. In the production system, batch production is the manufacture of a product in batches.
When a batch of one product is finished, another is begun, and the identical setup process is repeated. Batch production is mostly utilized when the manufacturing process is expensive or when the product is very important and a minimum waste quantity is required. Manufacturers use batch production when a specific product is in high demand, which is generally for a limited period of time, or when producing in smaller quantities with diverse specifications. It is important to calculate the batch size in order to minimize cost. Here, the manufacturer makes its own wind-up motors subassembly, which are then put into its toys. The facility works 250 days per year. The annual demand is 30,726 units. The daily subassembly production rate is 1000 units and the daily subassembly usage rate is 200 units. The setup cost is $63 and the carrying cost is $0.2.Calculating Batch Size: First, we need to calculate the time between successive production runs.
Production time = Annual demand/production rate
=30,726/1000
=30.726 days
Then, we calculate the number of units produced in the time between successive runs:
Units produced in time between runs = Production time*Usage rate
=30.726*200
=6,145.2 units
Now, we can calculate the economic batch quantity (EBQ) using the given data.
The formula for EBQ is: EBQ = sqrt((2SD)/C),
where: S = Annual Demand = 30,726D = Daily Demand = 30,726/250 = 122.904, C = Carrying Cost = $0.2 per unit SD = Standard Deviation = sqrt[(D² x S)/n]
= sqrt[(122.904² x 250)/250] = 122.904EBQ
= sqrt((2 x 122.904 x 30,726) / 0.2)
= 1,778.44 units
Therefore, the batch size should be 1,778 units.
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Write one paragraph about why a person, who up until now has worked an hourly job, might decide to look for a salaried job with benefits. Line
Answer:
See below
Explanation:
A salary is a fixed amount that an employee receives after the lapses of a specified time, say weekly, bi-weekly, or monthly. An employee is assured of their full salary regardless of their input. Salaried employees are advantaged in that salaries don't fluctuate with the volume of work. Should a salaried worker fail to report for work due to valid reasons such as illness, they still receive their full pay. A fixed salary makes planning and budgeting easy.
When you receive a loan, the money the lender gives you is called the
Answer:
The Principle
Explanation:
There are two main parts of a loan: The principal -- the money that you borrow. The interest -- this is like paying rent on the money you borrow.
The United States enjoys a free market economy in which _____.
(A)most economic decisions are made by the central government
(B)the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines
(C)most economic decisions are allowed to occur naturally as a result of market changes made by government intervention
(D)none of the above
(E)all of the above
the laissez faire model is inspired by the work of which economic philosopher?
Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
I hope this helped! :)
The model of laissez-faire was inspired by the work of John Stuart Mill, who was an economic philosopher.
What is a laissez-faire model?Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.
John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.
Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.
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PLEASE HELP AHH- KS Perez pays 12% average tax rate on gross pay in federal taxes. KS also pays $100 into a 401(k) retirement fund each pay period and pays a $200 per-pay-period contribution to an employer-subsidized health insurance policy. complete KS’s earnings statement below. Round your answer to the nearest dollar.
Completing KS Perez's earnings statement are as follows:
Gross pay this period = $2,000
Gross pay YTD = $52,000
Federal Income Tax = $9,724
Virgin Income Tax = $2,284
FICA Social Security = $2,740
FICA Medicare = $641
Adjusted Gross Income = $44,200
Other Deductions:
Health Insurance = $5,200
401 Contributions = $2,600
Total other deductions = $7,800
Data and Calculations:
Hourly rate = $25
Hours worked per pay period = 80 hours
Bi-weekly earnings =$2,000 ($25 x 80)
Year to date total gross income = $52,000 ($2,000 x 52/2)
Federal Income Tax Rate = 22% = $9,724 ($44,200 x 22%)
Virginia Income Tax Rate = $720 + 5.75% over $17,000
= $720 + ($27,200 x 5.75%)
= $2,284 ($720 + $1,564)
FICA Social Security = 6.2% = $2,740 ($44,200 x 6.2%)
FICA Medicare = 1.45% = $641 ($44,200 x 1.45%)
Other Deductions:
Health Insurance = $5,200 ($200 x 26)
401 Contributions = $2,600 ($100 x 26)
Total other deductions = $7,800 ($5,200 + $2,600)
Adjusted Gross Income = $44,200 ($52,000 - $7,800)Thus, the adjusted gross income of KS Perez for the year is $44,200.
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what do you mean by Business Risk ??
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
Solve applications in business and economics using integrals. If the marginal cost of producing x units is is given by C'(x) = 8x, find the total cost of producing the first 20 units
The total cost of producing the first 20 units is $1600. we need to integrate the marginal cost function C'(x) = 8x with respect to x.
The integral of C'(x) gives us the total cost function C(x). Integrating 8x with respect to x gives us:
C(x) = ∫8x dx = \(4x^2\) + C
Where C is the constant of integration.
To determine the value of C, we can use the information that the total cost of producing 0 units is $0 (assuming no fixed costs). Substituting x = 0 and C = 0 into the total cost function:
C(0) = \(4(0)^2\) + C
0 = 0 + C
C = 0
Now we have the total cost function:
C(x) = \(4x^2\)
To find the total cost of producing the first 20 units, we substitute x = 20 into the total cost function:
C(20) = \(4(20)^2\) = 1600
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Which of Electrolux's foreign investments would be horizontal and which would be vertical? What are the advantages of each?
Answer:
The integration or growth of a company can occur horizontally or vertically, depending on whether it acquires competing companies that develop their business in parallel (horizontal integration), or it acquires companies or businesses that are in a different stage of the production process (companies that generate raw materials, transport, marketing, etc.).
Thus, if Electrolux expands its business by acquiring a competitor such as Whirlpool, it will be a case of horizontal integration. In contrast, if Electrolux acquires a company dedicated to the marketing of products, such as Best Buy, it will be a case of vertical integration.
My sister has been given a loan for $10,000, and she deposited the full loan amount into her checking account. How would this be reflected on her bank’s balance sheet?
Answer:
Loans and deposits would increase by the same amount as the deposit
the essential concept of the a-b-c method of self-management is to prioritize what needs to be done each day. this means that you should:
You may make sure that you are focusing your time and effort on the things that are most crucial and likely to have a big influence on your goals by prioritising your tasks in self-management way.
This may make you more effective, laser-focused, and successful in reaching your goals. The A-B-C technique of self-central management's idea is to prioritise chores according to their priority so that you may concentrate on what has to be done each day. This suggests that you ought to:
A) List all of the things you have to finish.
B) Sort these assignments into groups A, B, and C.
D) Sort your tasks according to their urgency and priority.
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an annuitant dies during the distribution period. what kind of annuity will return to a a beneficiary the difference between the annuity value and the
If an annuitant dies during the distribution period, the type of annuity that will return to a beneficiary the difference between the annuity value and the total amount of payments already made is a refund annuity.
With a refund annuity, the annuitant chooses a designated beneficiary who will receive any remaining payments in the event of their death. The beneficiary will receive either a lump sum or the remaining payments until the total value of the annuity has been paid out.
This type of annuity provides a guarantee that the annuitant's beneficiary will receive a return on their investment, even if the annuitant passes away before the full value of the annuity has been paid out.
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A refund life annuity is the type of annuity that guarantees the return of the difference between the annuity value and what the annuitant had received to a designated beneficiary if the annuitant dies during the distribution period.
Explanation:The type of annuity that will return to a beneficiary the difference between the annuity value and what the annuitant had received prior to their death is referred to as a refund life annuity. This type of annuity ensures that the funds invested do not die with the annuitant. If the annuitant dies during the distribution period, the refund life annuity guarantees that any leftover funds will be returned to a designated beneficiary. The beneficiary will receive the difference between the total amount initially invested in the annuity and what the annuitant received before death.
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Income received by households through the lending of their money to corporations and business firms is an example of
income.
Answer:
Interest / Dividend Income
Explanation:
Answer:
Answer for EDGE is C or Interest
Explanation:
T/F economics is the study of how society manages its unlimited
The answer is true, economics is the study of how society manages its unlimited resources is true.
What is the best way to define economics?Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
What, in plain terms, does economics mean?There are numerous definitions for economics. It is either the study of scarcity, the study of resource consumption and incentive response, or the study of decision-making. It frequently touches on matters of wealth and finance, but it's not only about money.
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a tax on buyers causes which of the following? (i) a leftward shift of the demand curve (ii) a decrease in quantity sold (iii) an increase in the price buyers pay (ii) and (iii) only (i) (i), (ii), and (iii) (i) and (iii)
A Tax on buyers causes all of the following listed in the option. So the correct option is a. (i), (ii), and (iii). A tax on buyers causes a leftward shift in the demand curve, a decrease in the quantity of goods sold, and an increase in the price buyers pay.
Taxation refers to a certain sum of money collected by the government from either the sellers or buyers on purchasing or producing goods and services. Taxation decreases the incentives of the entities. A tax on buyers signifies that a sum of money is collected from the consumers while purchasing certain goods through increased price.
In addition, a tax reduces the quantity traded, thereby reducing some of the gains from trade. A tax increases the price a buyer pays by less than the tax.
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You can block anyone on Twitter.
A.) True
B.) False
Answer:
A true
Explanation: ive done it before
Answer:
yes
Explanation:
In the united states, total government purchases of goods and services make up about ____________________ percent of all the goods and services the country produces.
In the United States, total government purchases of goods and services make up about 18 to 20 percent of all the goods and services the country produces, depending on the specific year and the calculation method used.
The expenditure approach to calculating gross domestic product (GDP) takes into account the sum of all final goods and services purchased in an economy over a set period of time. That includes all consumer spending, government spending, business investment spending, and net exports. Quantitatively, the resulting GDP is the same as aggregate demand because they use the same formula.
The Formula for Expenditure GDP
GDP=C+I+G+(X−M)
where:
C=Consumer spending on goods and services
I=Investor spending on business capital goods
G=Government spending on public goods and services
X=exports
M=imports
GDP is calculated as follows: Government consumption and investment plus net exports.
Almost two-thirds of GDP is made up of the consumption of goods and services, with the remaining portion split roughly equally between private investment and government spending. Household spending on services like dining out, leisure activities, and medical care fell significantly in 2020, which contributed significantly to the GDP fall. From 2019 to 2020, consumer spending decreased by more than $570 billion.
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What is the share of ownership in a corporation called?
The share of ownership in a corporation is called a "stock" or a "share." A stock represents a portion of ownership in a company and is typically represented by a physical or digital certificate.
When a person buys a stock in a corporation, they become a shareholder and are entitled to a portion of the company's profits, as well as voting rights on important company decisions. The value of a stock can fluctuate based on various factors, including the performance of the company and market conditions.
Shareholders can also buy and sell their shares in the stock market, allowing them to potentially profit from changes in the stock's value. Overall, owning stocks is a way for individuals to invest in companies and participate in their growth and success.
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Do you need 4 cups of milk for a pudding?
the planning effort by top management in large companies is more _____.
The planning effort by top management in large companies is more strategic.
What is planning effort by top management?Planning effort by top management refers to the process of developing and implementing strategic plans and initiatives within an organization. Top management, which includes executives and senior leaders, is responsible for setting the overall direction and priorities of the organization, and planning efforts play a critical role in achieving these objectives.
The planning effort by top management typically involves a number of key activities, including:
Defining the organization's vision, mission, and values: Top management must establish a clear and compelling vision for the organization's future, articulate its mission, and define the core values that will guide decision-making and behavior.
Setting strategic goals and objectives: Based on the organization's vision and mission, top management must develop a set of strategic goals and objectives that will guide the organization's activities and investments over the coming years.
Conducting a situational analysis: Top management must assess the organization's internal and external environment to identify strengths, weaknesses, opportunities, and threats that may impact the achievement of its goals.
Developing strategies and action plans: Top management must develop strategies and action plans to address the issues and opportunities identified in the situational analysis, and allocate resources accordingly.
Monitoring and evaluating performance: Top management must establish mechanisms to monitor and evaluate the organization's progress against its strategic goals and objectives, and make adjustments as needed.
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You will need to revise your budget to account for a car payment.
Which expense category would be the most difficult to change or reduce?
Answer:
rent
Explanation:
Answer:
Option B: Rent
Explanation:
I just took the test on edgenuty
A U.S. dollar-denominated bond sold in the United States by a Japanese-firm is called a(n): A. Yankee bond. B. Homeland bond. C. International bond.D. Euroyen bond
E. Foreign bond.
The correct answer to the question is A. Yankee bond. A Yankee bond is a U.S. dollar-denominated bond sold in the United States by a foreign entity, usually a non-U.S. corporation or government. It is also known as a foreign bond or a dollar bond.
The term "Yankee bond" originated in the 1920s when U.S. companies began issuing bonds in the European market. In response, foreign companies started issuing bonds in the U.S. market, and the term "Yankee bond" was coined to refer to these bonds.
Yankee bonds offer several benefits to foreign issuers. They allow foreign entities to raise capital in the U.S. market and to take advantage of the deep and liquid U.S. bond market. Yankee bonds also provide issuers with access to a diverse group of U.S. investors, which can help to diversify their funding sources.
In addition, Yankee bonds can provide a hedge against currency risk, as the bond is denominated in U.S. dollars. This can be particularly attractive to foreign issuers who have revenues and expenses denominated in different currencies.
In summary, a U.S. dollar-denominated bond sold in the United States by a Japanese-firm is called a Yankee bond. Yankee bonds are a popular way for foreign entities to raise capital in the U.S. market and to diversify their funding sources.
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When benefits are concentrated and costs are diffused: A) resources get wasted on projects with low benefits and high costs B) fewer projects with low benefits and high costs get developed C) resources get devoted to projects with high benefits and low costs. D) more projects with high benefits and low costs get developed
The correct answer is B) fewer projects with low benefits and high costs get developed.
This is known as the problem of "concentrated benefits and diffused costs" in economics. When benefits are concentrated among a small group of people, and the costs of a project are spread out among a larger group, it can lead to a situation where the project is not pursued, even though it may be socially beneficial.
This is because the small group of people who will benefit from the project may not have enough incentive to advocate for it and push for it to be implemented.
On the other hand, the larger group of people who will bear the costs may be more motivated to oppose it. This can lead to an underinvestment in socially beneficial projects.
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question content area part 1 scarcity part 2 a. can be overcome by discovering new resources. b. stems from the incompatibility between limited resources and unlimited wants. c. is a bigger problem in market economies than in socialist economies. d. can be eliminated by rationing products.
Scarcity stems from the incompatibility between limited resources and unlimited wants
Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.
Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.
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The process of making decisions about goals and activities that an organization will pursue in the future is referred to as.
The process whereby a organization makes decisions about what they will do in the future is known as planning.
What is planning?Planning simply means the process of thinking in order to achieve a desirable goal.
Planning is the process of making decisions about goals and activities that an organization will pursue in the future.
Organizations make plans in order to increase sales, revenue, etc.
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If the price elasticity of demand for aluminum foil is 1.45, then a 2.4 ecrease in the price of aluminum foil will increase the quantity demanded of aluminum foil by:_________
A 2.4% decrease in the price of aluminum foil will increase the quantity demanded of aluminum foil by approximately 3.48%.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price. A price elasticity of demand of 1.45 indicates that a 1% change in price will result in a 1.45% change in quantity demanded.
To calculate the change in quantity demanded, we multiply the percentage change in price by the price elasticity of demand:
2.4% (price decrease) * 1.45 (price elasticity of demand) = 3.48%
Therefore, a 2.4% decrease in the price of aluminum foil will increase the quantity demanded by approximately 3.48%.
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If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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sinto investments is in the process of developing a 300-mile toll road that will run through federal land. sinto will likely need:
It's likely that Sinto will require an environmental impact report.
environmental impact
When an action that will have an impact on the human environment is about to be carried out, an environmental impact statement is necessary. This claim outlines the benefits and drawbacks of the proposed activity for the surrounding area. A 300-mile toll road that would cross federal land, as in the question, will undoubtedly have an effect on the environment, which is why an environmental impact statement is necessary.
what is federal land?The federal government owns certain areas in the United States. Congress has the authority to preserve, purchase, and regulate federal lands, such as by limiting cattle grazing on them, in accordance with the Property Clause of the United States Constitution (Article 4, section 3, clause 2). Numerous rulings by the United States Supreme Court have acknowledged these capabilities.
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What would you expect to have happened to the spread between yields on commercial paper and Treasury notes immediately after September 11 2001?A) No change, the spread does not usually react to a crisis
B) Increase, the spread usually increases in response to a crisis
C) Decrease, the spread usually decreases in response to a crisis
D) The spread has no "usual" reaction to a crisis
The reaction of the spread between yields on commercial paper and Treasury notes immediately after September 11, 2001 is D)not necessarily "usual".
The spread can react differently in different crises, depending on the underlying economic conditions at the time. Some possible reactions to September 11 could be a decrease in the spread due to a flight to safety in the Treasury market, or an increase in the spread due to a decrease in demand for commercial paper.
It is important to note that the reaction of the spread is not predetermined, and can vary depending on the specific circumstances of each particular crisis.
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Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets
Answer:
Assets minus the total value of liabilities
Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.
What is the wealth effect?According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.
The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.
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At the end of the meeting with Vladimir Butin, Raymond concluded a sale of one million bottles of
Russian Vodka to be stored on his premises. Raymond cannot recall reading the terms and conditions or
signing the contract. Discuss whether the contract is enforceable in South African law, use case law to
support your view. -15
The contract may not be enforceable. Each country is with their peculiarity. The law of contract in South Africa is dynamic.
Definition of ContractGenerally, a contract is an agreement between two or more parties with the intent of creating a legal obligation. Contract law provides a legal frame work within which persons can transact business and exchange resources, secure in the knowledge that the law will uphold their agreements and, if necessary, realise them.
Contract MistakeA concurrence of wills between the parties is usually regarded as the primary basis of contractual liability. However, mistake (error) in contract refers to a situation in which a member of the parties involved acts under a mis know, causing dis agreement between the parties. The courts tend to categorise a mistake as one of unilateral, mutual or common:
Unilateral mistake occurs where only one of the parties is mistaken, while the other party is aware of the mistake.
Therefore, the contract may not be binding on him if considered as a Unilateral mistake.
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