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2 years ago

15

What is the time of the slowest workstation in a production system?

1 answer:

GalinKa [24]2 years ago

3 0

Correct/Complete Question:

What is the time of the slowest workstation in a production system?

A. utilization

B. bottleneck time

C. effective capacity

D. throughput time

Answer:

B, bottleneck time

Explanation:

A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.

In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.

Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.

Cheers.

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The Commerce Ministry of a country conducts regular surveys on goods and services sold within the country. Researchers at the Mi

denpristay [2]

Answer:

The correct option is C.

Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.

Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.

Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.

Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.

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2 years ago

The courts and equal employment opportunity guidelines have mandated that performance measurements be based on

iVinArrow [24]

A check list should be base on past problems.

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2 years ago

Lachlan Stuart is employed by International Paper, a company that values his vision and creativity. To stay ahead in a very comp

Sveta_85 [38]

Answer: c) intrapreneur

Explanation:

Intrapreneur is the person who who belongs to a large firm and acts in the manner of entrepreneur to make innovative development ideas for any project .They help in promotion of production and innovation along with taking measures for functioning in organization.

According to the question,Lachlan Stuart is an intrapreneur who is an employee in a company .He is responsible for methods and ideas development to be ahead of other competing firms.

Other options are incorrect because in-sourced entrepreneur, corporate entrepreneur and multipreneur are not the way in which a person acts like an entrepreneur even through he/she is working for a firm.Thus, the correct option is option(c).

8 0

1 year ago

Presented below is information related to equipment owned by Novak Company at December 31, 2020.

Rama09 [41]

Answer:

Debit : Impairment loss $1,250,000

Credit : Accumulated impairment loss $1,250,000

Explanation:

Impairment of an asset happens when, the Carrying Amount of an Asset is greater than the Net Realizable Value of an asset.

Carrying Amount is Cost of asset less Accumulated depreciation. Carrying Amount for the equipment is $10,000,000 ($11,250,000 - $1,250,000).

The Net Realizable Value of an asset is the higher of Fair Value of Asset and Future Value. For the equipment the Net Realizable Value is $8,750,000

Then, since Carrying Amount ($10,000,000) > Net Realizable Value ($8,750,000), the equipment is impaired.

Impairment loss will be $1,250,000 ($10,000,000 - $8,750,000).

The journal entry to record the impairment loss would be :

Debit : Impairment loss $1,250,000

Credit : Accumulated impairment loss $1,250,000

4 0

1 year ago

Birch Manufacturers has provided the following information regarding the two products that it sells: Jet Boats Ski Boats Sales

dezoksy [38]

Answer:

A. 58 jet boats and 23 ski boats

Explanation:

Break even point is the level of activity at which a firm neither makes a profit nor a loss.

First determine the sales mix :

Note : Birch sells five jet boats for every two ski boats sold

thus the mix is 5:2

Then calculate the contribution per batch

Jet Boats = $8,000 - $6,000 =$2,000

Ski Boats = $24,000 - $ 16,000 = $8,000

Total Contribution per batch = ((5×$2,000) + (2 ×$8,000))

= $ 26,000

Calculate the batch contribution

Break - even Point = Fixed Cost / Contribution per batch

= $300,000 / ((5×$2,000) + (2 ×$8,000))

= $300,000 / $ 26,000

= 11.54

Use the sales mix to determine the units to break even in the batch

Jet Boats = 11.54 × 5

= 57,7

= 58

Ski Boats = 11.54 × 2

= 23,08

= 23

Thus the units sold to break even would be : 58 jet boats and 23 ski boats

6 0

2 years ago