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Nutka1998 [239]
2 years ago
11

Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc

heduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contractor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of:
Business
1 answer:
ICE Princess25 [194]2 years ago
3 0

Answer:

Free slack.

Explanation:

In project management, free slack refers to the amount of time that a certain task can be delayed and not affect the completion time of the general project. Slack time can be considered "just in case" time, because even though delays should be minimized, rarely you can eliminate them completely, and slack time gives you a little extra room for managing projects.

In this case, the free slack time is 10 days, and this delay will consume 9 of them.

You might be interested in
For which buyer would a lender most likely approve a $200,000 mortgage?
jolli1 [7]
I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years. 

5 0
1 year ago
Read 2 more answers
The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows:
Hitman42 [59]

Answer:

a) Cardinal Company, department 6

Budget performance report

For the month ended march 31, 202x

                                 Budget            Actual               Over           Under

                                                                                   budget        budget

Materials                $208,000         $204,000                              $4,000

Factory wages       $265,000         $285,000       ($20,000)

Supervisory salaries $67,800           $63,600                              $4,200

Depreciation P&E     $35,000           $35,000               -                    -

Power and light        $22,500            $21,360                                $1,140

Insurance and           $15,500             $14,400                               $1,100

property taxes

Maintenance               $9,700            $9,456                                 $244

Total                        $623,500         $632,816          ($9,316)

b) Factory wages were higher than budgeted by $20,000 or 7.55%, supervisory salaries were lower than budget by $4,200 or 6.19%, power and light were lower than budgeted by $1,140 or 5.07%, and insurance and property taxes were lower than budgeted by $1,100 or 7.1%

7 0
2 years ago
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
Andreas93 [3]

Answer:

Option B. Chester Company

Explanation:

The company wants to pursue Niche Cost Leader Strategy. In a Niche cost leader strategy the product is highly differentiated and the cost the company charges to its customer is low as apposed to other competitors. The companies that has highly differentiated product and are new entrants usually use this strategy to win a good share of market size.

The strongest competitor would have lowest price, very stable market share price, high investment in plant and equipment, higher production capacity, lowest return on investment, lowest earnings per dollar sales. etc.

Now we will asses different reports and conclude which competitor will be the strongest competitor for the Niche Cost Leader Strategy company. The analysis is given as under:

  • <u>Lowest Price:</u> If we look at the Production information, Price Column and take the average price of the products of each company then we can conclude that Chester's price of average product is $20, Baldwin has $24.17 and the rest of the competitors are charging high. This means Chester is charging lowest price.
  • <u>Stable Market Share Price:</u> The vulnerability of share price of Chester is the lowest which stands at $0.45. This means that the stock exchange values the company's share as a stable stock with least vulnerability. (See Stock Market Summary)
  • <u>Lower Return on Asset and Return on Sales:</u> If we analyze the Selected Financial Statistics then we will acknowledge that Chester also has 2nd lowest Return on Assets and Return on sales which shows that the company is charging lower prices to its customers. Baldwin is not appropriate to consider here because the company is incurring losses hence its Return on Assets and Return on Sales can not be considered as good indication.
  • <u>Higher Investment in Plant and equipment:</u> The company has 2nd highest investment in plant and equipment with highest Net Book Value of $148k and Baldwin stands at $178k. Now again the higher investment of Baldwin is financed by debt which costs the company more than Chester. This means Chester would be strongest competitor because the company will have to only bear the depreciation cost which is non cash flow in nature and not the interest cost which Baldwin is bearing. (See Income statement for Interest Cost and Balance sheet for Carrying value of the asset).
  • <u>Production Capacity:</u> Chester has the highest production capacity which means that the company despite its 2nd largest investment in plant and equipment. This means that the plant and machinery of Chester is more innovative which is the reason that the production capacity is higher than other competitors.

From the above analysis it seems that Chester is pursuing Niche Cost Leader Market and is the strongest competitor that the company will face. Hence B is the correct option here.

6 0
2 years ago
Devin is a landscaper who needs to prepare different types of grass seed for his customers' yards. Bluegrass seed costs \$2.00$2
KiRa [710]

Answer:

7 pounds

Explanation:

Let us assume the x for the 1 pound of bluegrass seed  and y for the pound of drought resistant seed

Now the first equation would be

x + y = 25    ............................ (i)

we can write

y = 25 - x

Now the second equation would be

2x + 3y = 68  .............................. (ii)

Now put  y value in the equation 2

So

2x + 3(25 - x) = 68

2x + 75 - 3x = 68

x= 7

Therefore the bluegrass seed is 7

Now for drought-resistant it would be

7 + y = 25

y = 18

8 0
1 year ago
A Japanese company has a bond outstanding that sells for 105.43 percent of its ¥100,000 par value. The bond has a coupon rate of
krok68 [10]

Answer:

The correct answer is 2.98% (approx.).

Explanation:

According to the scenario, the computation for the given data are as follows:

First we calculate the current value:

Current value (CV) = 100,000 × 105.43%

= 105,430

Now, Annual coupon (AC) = 100,000 × 3.4%

= 3,400

So, we can calculate the yield to maturity by using following formula:

Yield to maturity = [AC + (Face value - CV) ÷ maturity time] ÷ (Face value + CV) ÷ 2

By putting the value we get,

= [ 3,400 + (100,000 - 105,430) ÷ 16] ÷ (100,000 + 105,430) ÷ 2

= [ 3,060.625] ÷ (102,715)

= 2.98%(Approx)

3 0
2 years ago
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