Answer and Explanation:
The Preparation of horizontal analysis for 2022 using 2021 as the base year is prepared with the help of a spreadsheet.
Horizontal analysis is a method for the analysis of financial statements that indicates fluctuations in the amount of the related products over a period of time. It is a valuable instrument for determining trend situations.
So, with the help of the spreadsheet, we will be able to find the net income by using the formulas.
Answer:
Average hourly output is 13.14 pieces.
Explanation:
Number of machines at the bank N = 5
Average service time T = 26 min
Machine runs for an Average R = 74 min
Number of servers M = 1
Service Factor, X = T / (T+R)
= 26 / (26+74)
= 0.26
Efficiency Factor, F = 0.683
Average Number of machine running A = N * F * (1 - X)
= 5 * 0.683 * (1 - 0.26)
= 2.52
Output rate = 26 * (A / N)
= 26 * ( 2.52 / 5)
= 13.14 per hour.
Prior to the studies of Hawthorne, it has been studied that
the managers had pay little attention of the role in human behavior when it
comes to making decisions because they are likely focus more about their line
of work and the progress rather than having to use their own behavior as a
human and whether which are acceptable and not.
Answer: redesign its products to eliminate those features that might have market appeal, but would excessively increase production costs.
Explanation:
The main aim of every organization are typically cost minimization and profit maximization. If I wanted to advise a company on the kind of actions to take to perform value chain activities more cost effectively, I'll tell them to improve their supply chain efficiency as well as use economies of scale and effective utilization of its resources.
Therefore, redesigning its products to eliminate those features that might have market appeal, but would excessively increase production costs is wrong as this will only lead to increase in cost.
