Answer:
$1,132,145
Explanation:
n = 34 years
PMT = $-5,300 (Annual savings)
i/r = 9.37% (Annual interest rate)
PV = 0 (no savings at year 0)
FV = ? (How much will you have when you retire)
Using financial calculator, FV = $1,132,145
Answer:
That statement is true
Explanation:
Pre-determined overhead is the method of overhead calculation that being done at the beginning of each accounting period. They use the number based on estimation from the performance on the previous period.
Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.
Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.
Answer:
have a higher labor-to-land ratio than its imports from Honduras
Explanation:
The factor proportions theory (or Heckscher-Ohlin model) of trade states that countries will export the goods which they can produce using their abundant factors of production. For example, countries like Japan that have abundance of labor force and capital, but very little land, will produce and export industrial goods that require a lot of labor and capital. On the other hand, countries like Argentina which have abundant labor and land, will export agricultural products.
in this case, El Salvador compared to Honduras has abundant labor, so the products that El Salvador exports to Honduras will have a higher labor-to-land due to the abundance of labor.
Correct/Complete Question:
What is the time of the slowest workstation in a production system?
A. utilization
B. bottleneck time
C. effective capacity
D. throughput time
Answer:
B, bottleneck time
Explanation:
A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.
In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.
Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.
Cheers.
