Answer:
Accounting costs $145,000
Implicit costs $75,000
Opportunity costs $220,000
Explanation:
What her accounting cost will be during the first year of operation.
Based on the information given we were told that the annual overhead costs and operating expenses amounted to the amount of $145,000 which means that the amount of $145,000 will be the ACCOUNTING COSTS
Her IMPLICIT COSTS will be the amount of $75,000 which is the amount she earn in her current job per year.
Her OPPORTUNITY COSTS be the addition of both her Her accounting cost and implicit costs
Hence,
Opportunity cost=$145,000+$75,000
Opportunity cost=$220,000
The invesment that may be long term is retirement funds as it will only be used when the person that made that investment will get there money when they retire.
<span>Café espresso is a coffee shop subject to the laws of illinois. in illinois, the highest-ranking (superior) law is "</span>a provision in the Illinois constitution".
The present version of the Illinois Constitution was confirmed by exceptional or special election on December 15, 1970, and became effective on July 1, 1971. In any case, a few arrangements, for example, the adjustment in the dates for the election of constitutional officers, did not produce results for quite a long while.
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices.
Answer:
The qualifications needed for a Logistic Planning and Management career are:
a) research skills and understanding of the product's supply chain
b) critical thinking skills
c) math and reasoning skills
d) knowledge of hazard regulations to provide safety training
Explanation:
Logistic Planning and Management involves planning. Planning requires some level of research skills and understanding of the product's supply chain. Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed. To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed. This makes this skill very important. The manager will also need to measure, analyse, and improvise at any time. This requirements calls for math and reasoning skills as well.
Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.
