Answer:
b. location clustering near high traffic flows
Explanation:
Proximity to customers is a major consideration when deciding on a business location. A business situated in areas with many potential customers has a high probability of succeeding. Restaurants are usually strategically situated in places with heavy customer flow.
Restaurants may be established near offices, in market places, near public transport terminus, or other location convenient to customers. With time, customers tend to associate that particular building, area, or street with restaurants. As the area becomes synonymous with restaurants, more customers will visit it, leading to more restaurants to open in that locality.
Answer:
The correct answer is C. high-volume, low-variety
Explanation:
Frito-Lays plants produce under the low-variety, high-volume process model common in commercial baked goods and the beer industry. Preventive equipment maintenance is critical to avoid downtime costs.
This model ensures a high flow of products, anticipating the high demand that the company has.
Have a nice day!
Answer:
Ending inventory at average cost= $2400
Explanation:
Sunland Company
Date Particulars Units Unit Cost Total Cost
July 1 Beginning inventory 72 $19 $1368
7 July Purchases 252 $20 5040
<u>22 July Purchases 36 $22 792 </u>
<u> Total </u><u> 360 $7200 </u>
30 June Ending Inventory 120 units
Average Cost= $7200/360= $20
Ending inventory at average cost= 120 units at $20= $2400
We divide the total cost with the total number of units to get the average cost. We multiply the average cost with the ending inventory units to get the vale of ending inventory at average cost.
Answer:
Annual payment = $4,143.66 (Approx)
Explanation:
Given:
P = $1,000,000
r = 12% = 0.12
n = 30
Find:
Annual payment
Computation:
![Annual\ payment=P[\frac{(1+r)^n-1}{r} ] \\\\Annual\ payment=1,000,000[\frac{(1+0.12)^{30}-1}{0.12} ] \\\\ Annual\ payment=4143.66](https://tex.z-dn.net/?f=Annual%5C%20payment%3DP%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CAnnual%5C%20payment%3D1%2C000%2C000%5B%5Cfrac%7B%281%2B0.12%29%5E%7B30%7D-1%7D%7B0.12%7D%20%5D%20%5C%5C%5C%5C%20Annual%5C%20payment%3D4143.66)
Annual payment = $4,143.66 (Approx)
