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Amanda [17]
1 year ago
13

Optimization using total value calculates ________.

Business
1 answer:
Jlenok [28]1 year ago
7 0

Answer:

A

Explanation:

Optimization using total value calculates the total value of each feasible option and then picks the option with the highest total value.

Optimization using marginal analysis calculates the change in total value when a person switches from one feasible option to another, and the uses these marginal comparisons to choose the option with the highest total value.

Both gives identical answers.

Optimization can be implemented using many different techniques.

One of it, is Total value total benefit - total cost (net benefit).

It translate all cost and benefits into common units, like dollar per month.

Calculate the total net benefit of each alternative.

Pick the alternative with the highest net benefit.

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Martha Beyerlein Company incurred $150,000 of research and development costs in its laboratory to develop a patent granted on Ja
Serggg [28]

Answer:

The amount which is to be debited to the account of Patents is $35,000

Explanation:

Patent is the right which is given to an investor to stop other people or an individual using or making their invention.

So, company incurred $150,000 for the research and development costs in order to develop the patent and $35,000 is paid for legal fees.

Therefore, the amount of $35,000, is the aggregate amount of patent as it is paid in obtaining the patent.

8 0
1 year ago
The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amount of the three ingredients
Sloan [31]

Answer:

Objective function (maximize)

Profit=0.40L+0.50V

Constraints

- Availabitily of salt: 2L+3V\leq4800

- Availability of herbs: 1C+2V\leq 2000

- Availability of flour: 6C+8V\leq9600

Explanation:

This a linear programming problem. We have an objective function (in this case it is the profit) that we want to optimize, but complying with constraints (in this case, the availability of ingredients).

The objective function can be defined taking into account the profits of the two kind of chips:

Profit=0.40L+0.50V

The constraints can be expressed taking into account the amount of ingredients every unit of chip needs and stating that it has to be less or equal to the availability of this ingredient:

- Availabitily of salt:

2L+3V\leq4800

- Availability of herbs

1C+2V\leq 2000

- Availability of flour

6C+8V\leq9600

With these expressions the linear programming problem can be solved.

3 0
2 years ago
Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Gi
Nataly [62]

Answer: Cross-training

Explanation:

 According to the given question, Mary's  company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.

The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.

The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.

 Therefore, Cross training is the correct answer.      

3 0
2 years ago
Fun Foods Inc. is a snack manufacturer that wants to expand globally. Few people abroad are familiar with Fun Foods snacks. The
vodka [1.7K]

Answer: Create a new domestic product for their new market.

Explanation:

In order for Fun Food Inc to break into the new country market they need to form a new product that would seem domestic to the consumers in the new country they intend to sell to. This new product would attract the consumers attention in that country as it would act as alternative to the other snacks that they are used to consuming.

8 0
2 years ago
Read 2 more answers
Imagine that you are a manager at Applebee’s, a restaurant chain. Turnover is always a challenge with restaurant employees, and
Daniel [21]

Answer:

D. Your interventions to the core job characteristics are likely to be effective.

C. Growth need strength

8 0
2 years ago
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