Answer:
Consider the following explanation.
Explanation:
Marginal product MP is the increase in production of good because of unit increase in labor. Value of marginal product VMP is the increase in value of production of goods because of unit increase in labor.
The minimum wage is a regulation where the person who hired the labor needs to pay minimum wage and cannot pay below that. Here, the minimum wage is below the competitive market rate so it will not make any difference because the workers are already getting $7 as wage which is more than the minimum wage which is $6.
Answer:
<u>autocratic</u> environment.
Explanation:
It can be said that Peter works in an autocratic environment, characterized by the authoritarianism of the leaders and the decision-making process totally focused only on the high hierarchy.
This work environment has greater control over employees and their activities because there is an inflexible chain of command, and subordinates must obey the decisions of their superiors even if it is not convenient.
There are some unfavorable points of the autocratic environment, such as the demotivation of employees due to lack of freedom and autonomy at work.
Your answer is
<span>B. an invoice</span>
The answer is <u>"Niche differentiation".</u>
A differentiated business strategy is one of the two fundamental kinds of aggressive techniques that organizations use as a strategy. Generally, organizations can exploit one of the numerous conceivable approaches to differentiate themselves from contenders to drive business.
The littler organization should have a more tightly item center. A little meat packer, for instance, may concentrate on a niche or forte item. The bigger meat packer may exploit vertical reconciliation, taking more power over its store network. The littler meat packer may exploit vital advantage of strategic outsourcing.
Answer:
The answer is True.
Explanation:
The center of gravity method is a concept under <em>Operations Management</em> as it relates to facilities distribution such as warehouses or fulfillment centers.
Center of Gravity Strategy/Method is defined as a concept that seeks to calculate geographic coordinates for a potential single new facility that will minimize costs. Under this approach the main factors considered are:
- Cost of Shipping
- Markets
- Volume of goods shipped
Operations managers prefer to use this approach in siting the location of their facilities because:
- It minimizes cost.
- It is simple to compute
- It takes in to consideration existing facilities
How to use the Center of Gravity Method
Step 1:
- Place existing facility(ies) such warehouse, fulfillment center, and distribution center locations in a coordinate grid.
- situate the grid on an ordinary map.
- The distances between the facilities must be noted.
Step 2:
Then, using the equations below,
Fx= ∑ dix Vi/ ∑ Vi
Fy= ∑ diy Vi/ ∑ Vi
Proceed to calculate the X and Y coordinates using these equations where Fx is the X (horizontal axis) coordinate for the new facility, and
Fy is the Y (vertical axis) coordinate for the new facility, dix is the X coordinate of the current location, diy is the Y coordinate of the existing location, and Vi is the volume of goods moved to or from the <em>i</em>th location.
Step 3:
After you have obtained the X and Y coordinates place that location on the map.
This approach allows for point of departure – or, literally, a starting point of where (from the perspective of longitude and latitude) you options are for where to grow your fulfillment or logistics network.
Cheers!
