Answer:
$6,400,000
Explanation:
Reduction in mailing time = 1.5 day
Reduction in clearing time = 1.5 day
Reduction in firm processing time = 1.0 day
Total = 4.0 days
Daily interest on Treasury bills = 0.025%
Average number of daily payments to lockboxes = 4,000
Average size of payment = $400
The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:
= 4000 × $400 × 4
= $6,400,000
Answer:
partial measure
Explanation:
Based on the information provided it can be said that the kind of productivity measure that can be used would be a partial measure. Partial Productivity measure relates output to a single input unit. For example, capital productivity deals with output per unit of capital while energy productivity relates output per joule of energy used. In this scenario, we would need labor productivity which is output per hour worked.
Answer:
The correct answer is <em>d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.</em>
Explanation:
A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.
The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.
The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.
Answer:
to maximize profit it will produce:
400 units of luxury
none of standard.
Explanation:
luxury:
20 lb of pastic and 9 min of labor and 40 dollars profit
standard:
30lb plastic 6 of labor and $15
We calculate the contribution per constrain resourse:
<u>labor hours</u>
40 / 9 = 4.44
15 / 6 = 2.5
<u>materials</u>
40/20 = 2
15 / 30 = 0.5
As luxury provides better contribution in both categories we will maximize his production.
60 hours x 60 min per hours = 3,600 min
3,600 / 9 min = 400 units of luxury steppers
12,600/20 = 630 units of luxury
Once we use the labor hours we cannot keep producing, so we maximize the profit at 400 units of luxury at the given scenario.
As there is no amounft left for standard we don't produce any
<span>Study online flashcards and notes for Marketing including According to the 5 step model of the marketing process, the first step in ... Lilly's, a furniture retailer, sells low-end furniture and accent pieces that are targeted toward lower-income consumer groups. Lilly's most likely segments the consumer market based on.demographic
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