Answer:
c. increases
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
The production possibility frontier is graph that shows the two combinations of goods that an economy can produce given its resocurces.
As the production of donuts increases, the amount of beers that would be forgone in order to increase production of donuts rises.
I hope my answer helps you
Answer:
The answer is: $6,900
Explanation:
To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:
- total loss $200,000 x 0.002 = $400
- 50% loss $100,000 x 0.01 = $1,000
- 25% loss $50,000 x 0.1 = $5,000
Total $6,400
If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.
Answer:
2018: $78 million
2019: $468 million
2020: $234 million
Explanation:
Given that State Construction incurred costs as follows:
Year Cost
2018 $60 million
2019 $360 million
2020 $180 million
Total cost = $60 million + $360 million + $180 million = $600 million
Percentage to total cost ratio is:
For 2018 = $60 million / $600 million = 0.1,
For 2019 = $360 million / $600 million = 0.6,
For 2020 = $180 million / $600 million = 0.3.
Revenue = Percentage to total cost ratio × Contract price.
Contract price = $780 million
For 2018, Revenue = 0.1 × $780 million = $78 million
For 2019, Revenue = 0.6 × $780 million = $468 million
For 2020, Revenue = 0.3 × $780 million = $234 million
Answer:
Corporate policy
Explanation:
Corporate policy is a set of procedures recommendations that is based on the analysis of internal and external factors that will benefit the organization to cope up with problems and avoid an adverse outcomes.
The reason is that the company wants to increase the productivity of its labor which will help them to control cost by encouraging its employee to exercise daily. This act was not oriented towards to benefit employee, it was purely for the increase in productivity. So this serious position on fitness is its part od corporate policy.
Answer:
360
Explanation:
Kanban is a method that is used to mange workflow in order to assist in visualizing the work and maximize the efficiency of a workers as well as making the workers agile.
The formula for calculating the number of Kanban is given as follows:
Number of Kanban = (Dd × LT × (1 + SS)) ÷ QC .................. (1)
DD = Daily required production level = 250
LT = Lead Time (in minutes) = 30
SS = Safety Stock = 20% = 0.2
QC = Number of squidgets in a container = 25
Substituting the values above into equation (1), we have:
Number of Kanban = (250 × 30 × (1 + 0.2)) ÷ 25
= (250 × 30 × 1.2) ÷ 25
= 9,000 ÷ 25
= 360
Therefore, the number of kanbans to be circulated between Sandy's process and the previous operations is 360.