The correct option among the following options is (C) Sell products to customers.
A vendor transaction is a financial exchange that occurs between a company and a supplier, also known as a vendor. Companies pay vendors for goods and services provided, while vendors supply goods and services to companies. The accounting system should record vendor transactions in accounts payable, which is a liability account.
Pay Bills: Pay bills can be defined as a vendor transaction in which you pay vendors for products or services received. This vendor transaction falls into the account payable category. It is necessary to keep track of when bills are due to ensure on-time payment and avoid late fees.Make Deposits: Deposits may be made to your account by a customer or client. It's a type of transaction that falls into the category of cash inflow. Deposits are not vendor transactions because they are not payments to suppliers.Sell Products to Customers: Selling goods to customers is a vendor transaction. It's a cash inflow that reduces inventory and generates revenue. When a customer pays for a product, a vendor transaction occurs. The transaction should be entered into the system and recorded as revenue.Receive Customer Payments: Receiving customer payments is a cash inflow that reduces the accounts receivable account. When a vendor receives payment from a customer, a vendor transaction occurs. The transaction should be recorded in the system and applied to the appropriate customer account.To know more about customers visit:
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Which is the best description of Economics?
a. the study of how people make decisions when dealing with scarcity
b. the study of money in the financial system (banking system)
c. the study of how people have purchased and sold things throughout history
d. the study of how you should invest your money in the stock market
Answer: A the study of how people make decisions when dealing with scarcity
Explanation:
SOMEONE HELP QUICK PLS!!! Examine the credit terms below:
Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% introductory APR for 10 months. After that, your APR will be 10.99%, 15.99%, or 17.99%, based on your creditworthiness. This APR will vary with the market, based on the Prime Rate. What happens to the APR after 10 months?
A) It decreases to 0%.
B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
C)The credit terms do not specify how the rate will change.
D)There is no change to the interest rate.
Since the introductory APR is 0% from the beginning of the credit period till the 10th month, the APR after the 10th month B) increases to a variable rate of 10.99%, 15.99%, or 17.99%.
APR (Annual Percentage Rate) is the annual interest rate that applies to loans and other credit facilities, and it does not use the compounding interest principle.
The APR does not decrease to 0%, and the credit terms specify how the rate changes from the prime rate based on creditworthiness.
Thus, the APR is variable from the 10th month based on the individual's creditworthiness.
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Answer:
The answer is most likely B B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
I hope this helps and sorry for the wait
Leo Co. uses the allowance method to account for bad debts. At the end of the year, Leo Co.'s accounts receivable balance is $25,000; allowance for doubtful accounts balance of $100 (credit); and sales of $500,000. Based on history, Leo estimates that bad debts will be 2% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
The bad debts expense for the year to be debited will be $600.
Adjusted balance of the Allowance for Doubtful Accounts = Accounts receivable * 2%
Adjusted balance of the Allowance for Doubtful Accounts = $25,000 x 2%
Adjusted balance of the Allowance for Doubtful Accounts = $500
Unadjusted balance of the Allowance for Doubtful Accounts = $100
Amount of bad debt expenses = Adjusted balance of the Allowance for Doubtful Accounts + Unadjusted balance of the Allowance for Doubtful Accounts
Amount of bad debt expenses = $500 + $100
Amount of bad debt expenses = $600
Therefore, the bad debts expense for the year to be debited will be $600.
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Answer:$400
Explanation:
1. Why do companies not want to buy Conflict
Minerals?
2. What about these minerals makes it difficult to ensure
their supply's origins?
1). because they contribute to human rights abuses, environmental degradation. 2). The complex mineral supply chains and the lack of transparency in the mining and trading processes make it difficult
Companies often hesitate to buy conflict minerals due to several reasons:
Companies do not want to buy conflict minerals because they contribute to human rights abuses, environmental degradation, and the funding of armed conflict in regions where they are extracted.
Conflict minerals, such as tantalum, tin, tungsten, and gold (often referred to as 3TG), are sourced from areas that are plagued by armed conflicts, such as the Democratic Republic of Congo (DRC) and surrounding countries. These conflicts are fueled by the exploitation of mineral resources, leading to human rights violations, including forced labor, child labor, and the displacement of local communities. Companies are concerned about being associated with such unethical practices and the negative publicity it can generate.
By avoiding the purchase of conflict minerals, companies can demonstrate their commitment to ethical sourcing and contribute to the eradication of human rights abuses and conflict financing.
Several factors make it challenging to ensure the origins of minerals and establish responsible supply chains:
The complex mineral supply chains and the lack of transparency in the mining and trading processes make it difficult to ensure the origins of minerals and prevent the inclusion of conflict minerals in the supply chain.
The global mineral supply chains are often complex and involve multiple intermediaries, making it challenging to trace the origins of minerals accurately. Minerals extracted from mines may pass through numerous hands and undergo mixing and blending processes, which can obfuscate their origins. Additionally, minerals are often traded internationally, making it harder to enforce strict controls on their sourcing.
Furthermore, the lack of transparency in the mining sector, particularly in conflict-affected regions, exacerbates the difficulty in verifying the origins of minerals. Illicit mining operations, smuggling, and fraudulent documentation contribute to the opacity of the supply chains.
Ensuring the responsible sourcing of minerals requires concerted efforts from governments, industry stakeholders, and civil society to establish transparent supply chains, promote responsible mining practices, and enforce regulations that prevent the inclusion of conflict minerals. Increased transparency, traceability, and certification programs can help address the challenges and ensure a more responsible mineral supply chain.
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Costs that can be traced to objects in a cost-effective manner are called Multiple Choice allocated costs. conversion costs. direct costs. x X indirect costs.
Direct costs are costs that can be traced to objects in a cost-effective manner.
These costs are directly related to the production or provision of a specific product or service, and can be easily attributed to a particular cost object, such as a product or service. Examples of direct costs include direct materials, direct labor, and direct expenses like rent or utilities for a specific production facility.
On the other hand, indirect costs are costs that cannot be directly traced to a particular cost object, and are often allocated to cost objects using a predetermined method or cost driver. These costs are typically shared across multiple cost objects, such as a factory overhead cost or administrative expenses, and may be difficult or cost-prohibitive to trace to individual products or services. Examples of indirect costs include rent for a shared production facility, utilities for an office building, or salaries for administrative staff.
Conversion costs, on the other hand, refer specifically to the costs of converting raw materials into finished products, including both direct labor and manufacturing overhead costs. These costs are incurred during the production process and are necessary to transform raw materials into finished products ready for sale.
In summary, costs that can be traced to a cost object in a cost-effective manner are referred to as direct costs, while costs that are shared across multiple cost objects and require allocation are considered indirect costs. Conversion costs specifically refer to the costs of converting raw materials into finished products.
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Which of the following has the lowest level of "trialability"?
Organic dog food.
Low-fat ice cream.
Surgically implanted hearing aids.
A new air freshener
None of the above
Option (c), The level of "trialability" for surgically implanted hearing aids is the lowest.
What does "trialability" actually mean?Capable of being tested or proven in a court of law. Trialability is the term used to describe how easy it is for potential clients to test out your idea. Trialability is necessary for an idea to be accepted. Prospective clients want to try out your concept and evaluate its viability before making a commitment.
The degree to which a concept can be tested out in a small environment is referred to as trialability. For instance, people experiment with weight-control medications considerably more frequently than they would with stomach surgery, despite their mixed results.
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
In LMX theory, what ultimately determines whether the follower becomes a member of an in-group or an out-group?
Answer:
d. the leader's perception of the follower
Explanation:
LMX theory stands for leader-member exchange theory and is an approach to leadership that focuses on the two-way relationship that exists between the leaders and followers of a group. Therefore the whether the follower becomes a member of an in-group or an out-group depends on the leader's perception of the follower. Mainly because the leader makes this decision and bases it around what they ultimately think about the follower.
suppose you are considering an investment into HiCorp stock. This stock has a beta of 1.1. The return to a treasury bill is 3% and we expect the stock market to have an 8% rate of return in the next year. Given this information, the value of the risk premium you would need for the CAPM model is... 5% 5.5% 8% 13% None of these. Question 12 "The CAPM model requires that we know the expected overall market rate of return for a class of assets." Is this statement true or false? True False
The value of the risk premium needed for the CAPM model can be calculated by subtracting the risk-free rate of return from the expected rate of return on the stock market. In this case:
Risk premium = Expected market rate of return - Risk-free rate of return
Given:
Risk-free rate of return = 3%
Expected rate of return on the stock market = 8%
Risk premium = 8% - 3% = 5%
Therefore, the value of the risk premium needed for the CAPM model is 5%.
Regarding the statement "The CAPM model requires that we know the expected overall market rate of return for a class of assets," the statement is TRUE. The CAPM model utilizes the expected market rate of return as a key component in calculating the expected return of an individual asset. The model assumes that the market as a whole represents the systematic risk that cannot be diversified away, and the expected market rate of return serves as a benchmark for evaluating the risk and return of the asset being considered.
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A company's data analysis team needs to perform real-time complex queries against a database. As the team grows the complex queries are slowing down production transactions. The current environment has an Amazon RDS database with the largest instance typing and is still experiencing performance issues. Which solution will reduce cost and resolve the performance issue?
Answer: Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.
Explanation:
The options include:
a. Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.
b. Implement Amazon ElastiCache and run the query against ElastiCache directly.
c. Implement Amazon EC2 instances to run a cluster of the production database and remove the RDS database instance.
d. Implement a larger Amazon RDS database instance type and apply Reserved Instances by submitting a limit increase request.
The solution that will reduce cost and resolve the performance issue is option A"Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size".
We should note that the Amazon Relational Database Service (Amazon RDS) is quite easy to set up, and it also gives a cost efficient capacity while there is automation of the database setup, backups, provisioning of hardware.
What kind of skill is persuasion?
soft skill
hard skill
neutral skill
high skill
Answer:
Persuasion is convincing others to change their point of view, agree to a commitment, purchase a product or service, or take a course of action. Oral and written persuasive skills are valued in the workplace. Sales is the most obvious form of persuasion, but this skill is used in many other positions as well.
Explanation:
The personal needs, the culture, and the family of an individual influence his or her ethical choices.
Answer:
True
Explanation:
Ethical choices of an individua are an outcome of the social, cultural and regional exposure of the individual. Some part of the behavior and thoughts of an individual are sharped according of the ethnicity and culture. The values are enhanced and they are formed as a result of the choices made by the individual and the community. The result of the behavior, attitudes, choices and preferences of the individua are the outcome of the values formed by the person. Ethical choices are made upon the level of ethnic intensity.
An experimenter had groups of one to four people look up at the sky on a street corner and measured what proportion of people who walked by also looked up. this is an example of
Answer:
an experiment.
Explanation:
An experiment refers to a scientific process that could be made to discover the things, hypothesis test and exhibit a fact i.e. known
Here in the given situation, it is mentioned that the experimenter contains a group in which one to four people are looking up to the sky on the corner of the street and also the proportion is measured
So this is an example of an experiment
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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6 major jobs of the federal reserve
clearing checks
acting as government fiscal agent
supervising members bankers
regulate money supply
supply paper currency
setting reserve requirements
if the inverse demand curve for a good is given byp= 100–4q, give an example oftwo points: one in which the demand is elastic with respect to price, and one in whichit is inelastic.
The point at which demand is elastic would be a price of $50 and a quantity of 12.5 (p=100-4q, q=25). At this point, a small change in price will have a large effect on quantity demanded. For example, if the price were to increase to $51, the quantity demanded would decrease to 12 (p=100-4q, q=25).
The point at which demand is inelastic would be price $90 and quantity 22.5 (p=100-4q, q=7.5). At this point, a small change in price will have little effect on quantity demanded. For example, if the price were to increase to $91, the quantity demanded would decrease to 22 (p=100-4q, q=7.5).
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The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
Concord Corporation has beginning and ending raw materials inventories of $54000 and $70000, respectively. If direct materials used were $410000, what was the cost of raw materials purchased?
$427500.
$426000.
$410000.
$394000.
The cost of raw materials purchased is $394000 if Concord Corporation has beginning and ending raw materials inventories of $54000 and $70000, respectively and direct materials used were $410000. Therefore, the correct option is 4.
A raw material is an essential substance that is used by an industry to make a finished product. For instance, a steel manufacturer buys iron ore, which is a raw material, and processes it to create steel that will be used for various applications.
The cost of raw materials purchased can be calculated by using the following formula:
Cost of Raw Materials Purchased = Direct Materials Used + Beginning Raw Materials Inventory - Ending Raw Materials Inventory
Direct Materials Used are given to us as $410000
Beginning Raw Materials Inventory is given to us as $54000
Ending Raw Materials Inventory is given to us as $70000
Thus, the cost of raw materials purchased can be calculated as follows:
Cost of Raw Materials Purchased = $410000 + $54000 - $70000 = $394000
Therefore, the cost of raw materials purchased is $394000. Hence, option 4 is the correct answer.
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Who is known as the father of economics give the name of his famous book?
Adam Smith was an 18th- century Scottish champion. He's considered the father of ultramodern economics. Smith is most notorious for his 1776 book," The Wealth of Nations."
The book is generally considered to be the morning of ultramodern economics. It begins with a discussion of the Industrial Revolution. Adam Smith, who's known as father of economics, named his notorious book on economics as An Enquiry into the Nature and Causes of the Wealth of Nations.
R.C. Dutt is the Author of the Book" Economic History of India." While there have been numerous notorious economists, some of the most well- known names include Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, Friedrich Hayek, and Milton Friedman.
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Which of the following statements about the Equal Employment Opportunity Commission (EEOC) is false?
Multiple Choice
The EEOC is composed of five members.
The EEOC was created by the Sarbanes-Oxley Act of 2002 to ensure fair employment opportunities to applicants of any race, religion, color, or sex.
The EEOC can have a maximum of three members belonging to the same political party.
Members of the EEOC serve a five-year term.
Members of the EEOC are appointed by the president, with the advice and consent of the Senate.
The false statement about the Equal Employment Opportunity Commission (EEOC) is "The EEOC was created by the Sarbanes-Oxley Act of 2002 to ensure fair employment opportunities to applicants of any race, religion, color, or sex.
"Explanation:The EEOC was established by the Civil Rights Act of 1964 to prohibit employment discrimination based on race, color, religion, sex, or national origin. The EEOC is a federal agency that is responsible for enforcing federal laws that make it illegal to discriminate against an employee or a job applicant based on race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability, or genetic information.
The EEOC is composed of five members, with no more than three members belonging to the same political party. Members of the EEOC serve a five-year term and are appointed by the president, with the advice and consent of the Senate.
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Chubb Limited (ticker: CG) reports the following share repurchase activity for the last quarter of 2019:
Month Total Number of Shares Purchased Average Price Paid per Share
October 703,200 $153.65
November 677,600 $ 151.41
December 654,400 $ 153.84
Required:
Determine the financial statement effects of all share repurchases for the full quarter.
Assume Chubb resells 100,000 shares of treasury stock on December 31 for $150 per share. These shares relate to the shares repurchased in October. Determine the financial statement effects of this transaction.
The share capital balance is reduced by $15 million as 100,000 shares were sold at a price lower than their cost. Consequently, the balance sheet shows a reduction in Shareholders' Equity of $15 million, along with a corresponding reduction in Treasury Stock of $15 million.
Share repurchases refer to the process of companies buying back their own shares in the stock market. Chubb Limited, with the ticker CG, repurchased shares during October, November, and December of a specific year.
Here are the financial statement effects of these share repurchases for the full quarter:
Balance Sheet: The repurchase of shares has reduced shareholders' equity. On the balance sheet, Treasury Stock is now reported at its cost of $152.24, which is the average price paid per share during the quarter.
Income Statement: The net income remains unaffected since no expense is charged in the income statement for the shares bought back. However, earnings per share (EPS) is expected to increase as there are now fewer shares outstanding.
Cash Flow Statement: The cash used for the repurchase of shares is reported as a use of cash in the financing section of the cash flow statement.
Now, assuming Chubb resells 100,000 shares of treasury stock on December 31 for $150 per share (relating to the shares repurchased in October), the financial statement effects of this transaction are as follows:
Cash Flow Statement: The cash inflow of $15 million from the sale of treasury stock is reported as a source of cash in the financing section of the cash flow statement.
Income Statement: There is no gain or loss recognized on the sale of treasury stock since the shares are resold at their cost.
Balance Sheet: The Treasury Stock on the balance sheet is reduced by 100,000 shares to 1,235,200 shares. The treasury stock balance is also reduced by $15 million (100,000 shares × $150 cost per share).
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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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In recent years, what has happened to per capita energy use in the united states and other developed countries?
The per capita energy use in the united states was decreasing from 2000 till 2020 and it has increased by 4.6% in 2021. Developed countries are using less energy than developing countries.
The annual per capita energy consumption was average before the 1980s and flat from the late-1980s through 2000 and it is decreased every year since 2000. U.S. per capita energy consumption dropped to the lowest level since 1965 in 2020 mainly because of economic responses to the COVID-19 pandemic.
In 2021, U.S. per capita energy consumption increased to 4.6% more than in 2020. Developing countries consume more energy or have high per capita energy use than developed countries. The developed countries implement upgrades to reduce energy consumption.
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All of the following are ways that households can increase their net worth except
A. Increase their savings.
B. Reduce spending.
C. Increase value of investments.
D. Reduce amounts owed.
E. Increase their debt ratio.
All of the following are ways that households can increase their net worth except Increase their debt ratio. The correct answer is option E.
Increasing the debt ratio would not directly contribute to increasing net worth. The debt ratio represents the proportion of debt to assets or income and is a measure of leverage.
While debt can be used strategically to finance investments or assets that appreciate in value, simply increasing the debt ratio without corresponding increases in assets or income would not result in a net increase in net worth.
On the other hand, the other options listed can contribute to increasing net worth:
A. Increasing savings: Saving money and accumulating financial assets over time can increase net worth.
B. Reducing spending: By reducing unnecessary expenses, individuals can free up more money to save or invest, leading to a potential increase in net worth.
C. Increasing value of investments: If the value of investments, such as stocks, real estate, or other assets, appreciates over time, it can contribute to an increase in net worth.
D. Reducing amounts owed: Paying down debts and reducing liabilities can improve net worth by decreasing overall obligations.
It's important to note that increasing net worth is a result of a combination of factors, including saving, investing, reducing debt, and managing expenses effectively.
The correct answer is option E.
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Please show all the steps. Thank you. Edit the TopTwoTicket CountByFactor query in Design view. In the Top Values property of the query, enter 2 to limit the query results to only the two factors that
To edit the TopTwoTicket CountByFactor query in Design view and limit the query results to only the two factors, follow these steps.
>First, open the query in Design view by double-clicking on the query object in the database window.
>Then, locate the "Top Values" property in the query design window. This property determines the number of records that will be returned by the query.
>Click on the "Top Values" property box and enter the value "2" to limit the query results to the top two factors.
>Finally, save the changes to the query and close the query design window.
In more detail, when you open the TopTwoTicket CountByFactor query in Design view, you gain access to the query's design elements. The "Top Values" property is a setting that allows you to specify how many records you want the query to return. By setting this property to 2, you ensure that the query will only retrieve the top two factors. This is useful when you want to focus on the most significant factors or when you want to limit the result set to a specific number for analysis or reporting purposes.
By limiting the query results to the top two factors, you can easily identify the most influential or frequently occurring factors in the dataset. This can provide valuable insights and help you make informed decisions based on the data. It is important to note that the "Top Values" property may vary depending on the database management system you are using, but the concept of limiting query results remains the same.
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The reorder point in Littlefield was set at 4200 kits initially. The lead time for replenishment was 4 days. Assuming that the daily number of orders (for 60 receivers) placed on the factory is normally distributed with a mean of 12.22 and a standard deviation of 3.41, then the initial reorder point provided a service level less than 99%
The Chick-fil-A fast food restaurant is interested in examining the capacity of a new, mini-restaurant that they have created. The restaurant offers the following menu:
Chicken Sandwich $5.00
Chicken Nuggets $4.50
Large Fry $2.00
Small Fry $1.25
Drink $1.50
Through market research, Chick-fil-A has discovered that 40% of their arriving customers will purchase a sandwich and 40% will purchase nuggets (20% of arriving customers do not purchase any chicken). All customers buy a drink and all customers buy fries, with 1/3 choosing a large fry and 2/3 choosing a small fry.
Chick-fil-A has two people working at the counter who take and fill orders from customers. On average, it takes 20 seconds for one of these counter people to take the customer’s order, get their drink, and get the rest of their meal. There are two people who work in the back room, one cooking fries and the other preparing chicken. The fry cook spends 3 minutes preparing each 2 pound batch of fries. A large fry consists of 1/4 pound of fries, and a small fry consists of 1/8 pound. The chicken preparer spends 10 seconds on each sandwich and 5 seconds on each order of chicken nuggets.
(a) (30 points) What is the capacity of each resource (Counter Help, Fry Cook, and Chicken Preparer), measured in customers per hour?
(b) (20 points) Chick-fil-A is considering the addition of a hand-scooped milk shake onto their menu. The milk shake would sell for $4.00, and would take 30 seconds to prepare for each customer. Chick-fil-A has a corporate policy that customers should be served within 1.5 minutes. In order to adhere to this policy, they are planning to hire a dedicated milk shake maker to work at the facility. Analysis has revealed that both the time between arriving customers and the time to make a milk shake are distributed exponentially. Given the variability, Chick-fil-A has determined that the average throughput time for a milk shake must be no more than 50 seconds in order to consistently meet the 1.5 minute service standard. What is the maximum number of customers/hour who can order a milkshake and still have the average throughput time within the 50 second limit?
(a) Capacity of Counter Help = 180 customers/hour, Capacity of Fry Cook = 89 customers/hour, Capacity of Chicken Preparer = 200 customers/hour (b) Maximum number of customers per hour for milkshake = 0.00714 or 0.714%
(a) Resource capacity refers to the maximum amount of output that a particular set of resources can produce, whether that be machines, employees, or other inputs. Chick-fil-A restaurant's capacity of each resource is as follows: Capacity of Counter Help (hours):The cycle time for a customer to complete the transaction is calculated as 20 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. The total number of customers that can be served per hour is calculated as: 3600/20 = 180 customers per hour. Capacity of Fry Cook (pounds): The cycle time per batch of fries for the fry cook is calculated as 3 minutes per 2 pounds batch.
The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders 1.33 pounds of fries on average. The number of customers that can be served per hour is calculated as: 3600/(3*60/2*1.33) = 89 customers per hour. Capacity of Chicken Preparer (pieces): The cycle time for a chicken sandwich is calculated as 10 seconds per sandwich. The cycle time for an order of chicken nuggets is calculated as 5 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders one sandwich or one order of chicken nuggets on average. The number of customers that can be served per hour is calculated as: (3600/(10+5)) = 200 customers per hour.
(b) Maximum number of customers per hour who can order a milkshake and still have the average throughput time within the 50 second limit can be calculated using the below formula; Maximum number of customers per hour= 1/(average time per customer) As we know, that average throughput time for a milkshake must be no more than 50 seconds to meet the 1.5 minute service standard. Thus the average time per customer is 50 + 90 (1.5-0.5).Thus the maximum number of customers per hour that can order a milkshake and still have the average throughput time within the 50 second limit is given as: Maximum number of customers per hour = 1/140Maximum number of customers per hour = 0.00714 or 0.714%.
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4. People in the organisations carry out diverse tasks with the aim to achieve
(a) Different objectives
(b) Common objectives
(c) Both of the above
(d) None of the above
Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent
A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.
What debt-to-income ratio is too high?Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.
What is the easiest debt-to-income ratio for a mortgage?Ideal debt-to-income ratio for a mortgage
In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.
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https://brainly.com/question/26258146#SPJ4An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
server virtualization offers significant cost savings because _____.
It enables the running of several virtual servers on a single physical server, lowering hardware costs and enhancing server utilization. Virtual servers may also be quickly added, relocated.
or scaled, allowing for greater flexibility and more effective server administration. Furthermore, virtual servers may be separated from one another, decreasing downtime caused by software or hardware issues and increasing security. All of these advantages contribute to the cost reductions realized by server virtualization. The market-clearing price and quantity. At this price and quantity, the quantity delivered equals the quantity sought. virtual servers may be separated from one another, decreasing downtime caused by software or hardware issues and increasing security.
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