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jasenka [17]
2 years ago
10

Two workers have the job of placing plastic labels on packages before the packages are shipped out. The first worker can place 1

000 labels in 30 minutes. The second worker can place 850 labels in 20 minutes. Which worker is more productive?
Business
1 answer:
monitta2 years ago
3 0

Answer:

The correct answer is: The second worker.

Explanation:

Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.

In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:

  • Worker 1: <em>1000 per 1/2 hour (30 minutes) </em>
  • Worker 1: <em>2000 per 1 hour  </em>

  • Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
  • Worker 2: <em>2550 per 1 hour </em>

Then, the second worker is more productive.

You might be interested in
Dobson Contractors is considering buying equipment at a cost of $75,000. The equipment is expected to generate cash flows of $15
Alex787 [66]

Answer: d. $1,534 positive net present value of the cash flows. Based on present value considerations, Dobson Construction should buy the machine.

Explanation:

To calculate the Net Present Value, we take the present values of all the future cashflows and subtract the initial cost from this amount.

Now, the cashflows are stable and this means that we can use the Present Value of an Annuity factor to find out the present value of the cashflows. We can then use a simple present value formula to find out the PV of the sale price.

I have attached a table that shows the PVIFA factors to make our calculations easier.

With interest rates at 12% and the year being 8 years, the PVIFA factors is 4.9676

Calculating therefore we have,

= 15,000 * 4.9676

= $74,514

This is the present value of 8 years of $15,000 cash flows.

In the same year, the machine can be sold for $5,000 so the present value of that is,

= 5000 / ( 1 + 12%)^8

= $2,020

Adding those together we get,

= 74,514 + 2,020

= 76,534

= $76,534

Subtracting the original cost we have,

= 76,534 - 75,000

= $1,534 in positive cashflow.

Net Present Value = $1,534

This means that Based on present value considerations, Dobson Construction should buy the machine due to a $1,534 positive net present value.

7 0
2 years ago
To be competitive, ____________ recommended that American firms adopt a new management style that was a hybrid of the approaches
kakasveta [241]

Answer:

The correct answer is letter "C": William Ouchi, Theory Z.

Explanation:

American professor William Ouchi (born in 1943) proposed the "Theory Z", first described in his book "<em>Theory Z: How American Management Can Meet the Japanese Challenge</em>" which is an approach that explains how firms should develop a strong company philosophy and culture and consensus in decisions.  

Theory Z aims to employee development, as well, by concerning about their well-being, making them generalists instead of specialists, promoting individual responsibility, and monitoring them informally but with formal measures.

6 0
2 years ago
A Super Happy Fun Ball is dropped from a height of 10 feet and rebounds 13/14 of the distance from which it fell. How many times
Phantasy [73]

Answer:

32

Explanation:

First bounce = 13 / 14 × 10 = 130 /14

using geometric progression where the common ratio = 13/14, the first bound = 130/14

ar^n-1 < 1

substitute the values into the equation

130 /14 × 13/14^(n-1) < 1

(13/14)^n-1 < 1÷ (130/14)

(13/14)^n-1 < 14 / 130

take log of both side

log (13 /14)^n-1 < log ( 14/130)

n-1 log (13 /14) < log  ( 14/130)

since log (13/14) negative

n-1 > (log( 14/130)) ÷ ( log (13/14)

n - 1 > 30.07

n > 30.07 + 1 > 31.07

The 32 bounce will the first less than 1 foot

3 0
2 years ago
only a monopolistically competitive firm operates at its efficient scale. both a perfectly competitive firm and a monopolistical
irinina [24]

Answer:

Correct Answer:

only a monopolistically competitive firm operates at its efficient scale.

Explanation:

In a given market, a given organization or firm could operate either in a monpolistically competitive or perfectively competitive at its efficient scale. However, in the long run, only a monopolistically competitive firm operates at its efficient scale.

3 0
2 years ago
PLEASE HELP ASAP!!!!
dimaraw [331]

Answer:

its A

Explanation:

Debt Financing

5 0
2 years ago
Read 2 more answers
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