If a process improvement effort decreases the amount of time spent on non-value-added activities, then the value-added percentage will increase
How to illustrate the information?Identifying, assessing, and improving upon current business processes within a company for optimization and to achieve new quotas or standards of quality is the proactive activity of process improvement.
Process improvement seeks to find and fix flaws in your company's procedures in order to increase productivity and quality. Reduce bottlenecks in your business's processes and help in reducing spending.
It should be noted that when there's a reduction in time due to wastage, it will bring about an improvement.
Therefore, if a process improvement effort decreases the amount of time spent on non-value-added activities, then the value-added percentage will increase
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.
what is one disadvantage of not having a checking account?
Answer:
A disadvantage could be paying the bills in person, having to pay bills AND gas money.
This statement applies to questions 3-5. A purely competitive firm has a single variable input L (labor), and the wage rate per period is W 0
. Its fixed inputs cost the firm a total of F dollars per period, and the price of the product it sells is p 0
Which of the following represent the production function and the revenue function of this firm? Note: Q= quantity, R= revenue and f is a generic function. Q=L and R=p 0
L
Q=L+F and R=Q−F
Q=f(L) and R=p 0
f(L)−w 0
L
Q=f(L) and R=p 0
f(L)
Which of the following represent the cost function and the profit function of this firm? Note: C=cost,π= profit and f is a generic function. C=w 0
L and π=p 0
f(L)−w 0
L
C=w 0
L+F and π=p 0
f(L)−w 0
L−F
C=L+F and π=f(L)−F
C=w 0
L+F and π=p 0
f(L)−w 0
L
Question 5 What is the first order condition for profit maximization? p 0
dL
df
+w 0
=0
dL
df
=w 0
p 0
dL
df
=w 0
p 0
dL
df
=0
The production function is Q=f(L) and the revenue function is R=p0f(L). The cost function is C=w0L+F and the profit function is π=R-C.
In a purely competitive firm with a single variable input (labor) and fixed inputs, the production function represents the relationship between quantity (Q) and labor (L), given as Q=f(L). The revenue function indicates the relationship between revenue (R) and quantity, which is R=p0f(L), where p0 is the price of the product. The cost function represents the relationship between cost (C) and labor, given as C=w0L+F, where w0 is the wage rate per period and F represents fixed costs. The profit function is defined as the difference between revenue and cost, thus π=R-C.
For-profit maximization, the first-order condition states that the derivative of the profit function with respect to labor (dL) should equal zero. So, the correct first-order condition for profit maximization is dLdf=w0p0. This condition ensures that the firm maximizes its profit by equating the marginal revenue product of labor (dLdf) with the wage rate (w0).
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Which best compares and contrasts the teaching and training careers and the professional support careers?
A) Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
B) Both careers help students learn; however, teaching and training careers are involved in running the school.
C) Both careers are increasing the number of available jobs; however, professional support career earns less money.
D) Both careers have support careers; however, professional support careers assist in the classroom.
Answer:
A) Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
Explanation:
Professional support careers help people involved in education and training systems with personal and family needs, educational goals, mental health assistance, and career decision-making. They provide support and encouragement to students undergoing challenging experiences. Professional support career titles include counselors and Psychologists, among others.
Teachers and trainers offer instructions to students in the class or other conducive places. They help students complete their syllabus, learn intended materials, acquire knowledge, and pass their examinations.
Answer: ITS A
Explanation:CORRECT ON EDGE 2020
Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?
Pete is responsible and will pay the loan back on time.
Pete is responsible but will not pay the loan back on time.
Pete is irresponsible but will pay the loan back on time.
Pete is irresponsible and will not pay the loan back on time.
im mad at brainly so ima mark the best answer brainiest
Answer:
Pete is irresponsible and will not pay the loan back on time
Explanation:
Credit scores range from 300 to 850. In general, borrowers are categorized according to their credit scores as below
A score between 300- 629... bad
630-689 ... fair
680-719 ...good
720- 850... excellent
Pete has a bad credit score as per the above classification. He surely has a bad history when it comes to repaying loans. Lenders will consider him a high-risk borrower likely to default on his loan repayment.
Answer:
The correct answer is D. Pete is irresponsible and will not pay the loan back on time
Explanation:
That is the most likely way Pete's lender will view his credit score
Hopefully this helps :3 sorry if wrong :( Plz mark brainiest if correct :D Your bootiful/handsome! Have a great day luv <3 (I know Im like almost a year later but yayyyyyyy- Hopefully you passed your quiz/test :D)
-Bee~
suppose there is a 30% chance that an oil spill will occur in an area and the economic damage of the potential spill is $1 million ($1,000,000). what is the expected value of a spill?
An oil leak has a 30% chance of happening in a certain area, and the potential economic damage is $1 million ($1,000,000). A spill's projected financial impact is $300,000.
The expected value of a spill can be calculated as the product of the probability of occurrence and the economic damage in case of a spill:
Expected value = Probability of occurrence x Economic damage
In this case, the probability of an oil spill occurring is 30%, or 0.3 as a decimal. The economic damage in case of a spill is $1 million. Therefore, the expected value of a spill can be calculated as:
Expected value = 0.3 x $1,000,000
Expected value = $300,000
So, the expected value of a spill is $300,000.
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
ETM Co is considering investing in machinery costing K150,000
payable at the start of first
year. The new machine will have a three-year life with K60,000
salvage value at the end of
3 ye"
ETM Co is evaluating an investment in machinery with a cost of K150,000 and a three-year lifespan. The machinery is expected to have a salvage value of K60,000 at the end of the third year.
The investment in machinery involves an initial cash outflow of K150,000, which is payable at the start of the first year. This initial cost represents the purchase price of the machinery.
Over the three-year life of the machinery, it is expected to generate cash inflows from its operations. However, the exact amount of these cash inflows is not specified in the given information.
At the end of the third year, when the machinery reaches the end of its useful life, it is expected to have a salvage value of K60,000. The salvage value represents the estimated residual value or the amount that ETM Co could potentially recover from selling the machinery at the end of its useful life.
To fully evaluate the investment, the cash inflows generated by the machinery during its three-year lifespan should be compared to the initial cash outflow and the salvage value. This will help determine the profitability and viability of the investment and whether it is financially beneficial for ETM Co to proceed with the machinery purchase.
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Business owners and entrepreneurs have to make major decisions every single day that impact the well-being of their company and life—what decisions do you make on a daily basis that may have a huge impact on your life? Explain and discuss.
Business owners and entrepreneurs enterprise proprietors and entrepreneurs need to make important choices every single day that impact the well-being of their corporation and lifestyles.
The organization owner needs to approve the standards and strategies for hiring the ablest personnel. He should additionally make alternatives approximately job descriptions, employee roles, and responsibilities. additionally the agency owner has the very last say on topics that include compensation and advantages structures for his employees.
As a manager, many of your commercial enterprise decisions might also have an effect on personnel and customers. Your selections can affect a worker's getting to know and schooling, paintings-life-style stability, productiveness, fitness, and interplay with clients.
Reason-putting is the primary and essential step in making plans manner. goals are described at the organizational, branch, and man or woman level and are intended to be finished in the future in a specific term. An aim may be a quick-time period, mid-time period, or lengthy-time period.
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In the upstream portion of the global supply chain, the multinational company should allocate ______ of its efforts to the vendor category.
In the upstream portion of the global supply chain, the multinational company should allocate a significant portion of its efforts to the vendor category.
The vendor category plays a crucial role in the upstream portion of the global supply chain for multinational companies. Vendors are the suppliers or manufacturers that provide the raw materials, components, or finished goods to the company. Allocating a substantial portion of efforts to the vendor category is essential for several reasons.
Firstly, vendors directly impact the quality and reliability of the products or services offered by the multinational company. By focusing on vendor selection, evaluation, and management, the company can ensure that it partners with reliable and high-quality suppliers. This helps in maintaining consistent product standards and meeting customer expectations.
Secondly, effective vendor management can contribute to cost savings and operational efficiencies. By developing strong relationships with vendors, negotiating favorable terms, and implementing effective supply chain processes, the multinational company can optimize costs, reduce lead times, and minimize inventory levels.
Furthermore, allocating efforts to the vendor category allows the company to mitigate risks associated with supply chain disruptions. By closely monitoring vendor performance, establishing backup or alternative suppliers, and implementing robust contingency plans, the company can better navigate unforeseen events such as natural disasters, political instability, or logistical challenges.
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Below are the cash flows associated with two equipment. Which system would you recommend to an owner who has a MARR of 12%? Use the present worth approach. Alt A Alt B Initial Cost $ 120,000 155,000 Annual operating costs $ 950 250 Salvage value $ 1,500 0 Life expectancy 8 years 6 years
Recommend Alternative A based on the higher present worth compared to Alternative B for an owner with a MARR of 12%. .
To determine which equipment system to recommend using the present worth approach, we need to calculate the present worth of the cash flows for each alternative.
For Alternative A:
The initial cost is -$120,000.
The annual operating costs are -$950 per year for 8 years.
The salvage value is +$1,500 at the end of 8 years.
To calculate the present worth, we need to discount each cash flow to its present value using the owner's minimum attractive rate of return (MARR) of 12%.
For Alternative B:
The initial cost is -$155,000.
The annual operating costs are -$250 per year for 6 years.
There is no salvage value.
Similarly, we need to discount each cash flow to its present value using the MARR of 12%.
By summing up the present values of all cash flows for each alternative, we can compare the present worth of Alternative A and Alternative B. The alternative with the higher present worth should be recommended.
After calculating the present worth for both alternatives, let's say we find that Alternative A has a higher present worth than Alternative B. In this case, we would recommend Alternative A to the owner with a MARR of 12%.
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a local bank will pay you $230 a year for your lifetime if you deposit $4,000 in the bank today. if you plan to live forever, what interest rate is the bank paying?
The interest rate is 5.75%.
The interest rate is the quantity a lender costs a borrower and is a percentage of the important quantity loaned. The interest price on a loan is normally cited on an annual basis known as the yearly percent charge.
Interest rate has been defined as the amount return to the bank at with respect to the principal amount. The interest rate has been given onto the principal at varying percent.
Given,
The principal value of investment (initial deposit) = $4,000
The amount paid by bank per year (annual payment), = $230
The interest rate (r) to the base amount has been given by:
Interest rate = (Annual payment / initial deposit)*100
= ($230/$4,000)*100
= 5.75 %
The interest rate the bank is paying for lifetime has been 5.75%.
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When can a mixed economy develop?
A mixed economy can develop when a country experiences a combination of market-based mechanisms and government intervention in its economic activities.
It occurs when the government regulates certain aspects of the economy, such as taxation, trade, and labor laws, while leaving other aspects, such as consumer choice and private investment, to be determined by the market.
This type of economy balances the benefits of capitalism, such as competition and innovation, with the stability and social welfare provided by government intervention. It aims to create a more stable and equitable economy by ensuring that resources are distributed fairly, while still allowing for growth and prosperity.
In short, a mixed economy can develop when a country seeks to balance the benefits of a market-based system with the stability and social welfare provided by government intervention.
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The current value of the S&P 500 stock index is 2,947 and its expected dividend yield is 1.6%. The risk-free rate is 3.4% for all maturities (both continuously compounded). A futures contract on the index expires in 0.4 years.
a.what should be the futures price?
b.60 days later, the index level has changed to $3,044. What is the value of the futures contract to the party in the long position?
A. The futures price can be determined using the cost-of-carry model, which considers the current spot price. b. To calculate the value of the futures contract 60 days later, we need to consider the change.
In this case, with a spot index value of 2,947, a dividend yield of 1.6%, a risk-free rate of 3.4%, and an expiration of 0.4 years, the futures price would be approximately 2,972.23.
The futures price is calculated as follows:
Futures Price = Spot Price * e^((Risk-free rate - Dividend yield) * Time to expiration)
Futures Price = 2,947 * e^((0.034 - 0.016) * 0.4)
Futures Price ≈ 2,972.23
Keywords: futures price, spot price, risk-free rate, dividend yield, time to expiration.
b. To calculate the value of the futures contract 60 days later, we need to consider the change in the index level. With the index level now at $3,044 and assuming no change in the risk-free rate or dividend yield, we can calculate the value of the futures contract as the difference between the new index level and the initial futures price.
Value of the futures contract = (New index level - Futures price) * Contract multiplier
Value of the futures contract = (3,044 - 2,972.23) * Contract multiplier
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calculate the average of each of the following. speed per hour during a three-hour trip: 65 MPH, 55 MPH, 45 MPH
Answer:
ffffgfggggggggggggg
The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
When thinking about hospitality, it's important to remember that there is both an arrival and a departure.
True
False
which statements describes the way lateral relationships impact organizations? multiple select question. activities crucial to the team are those that entail dealing with people outside of the group. managing relationships means interaction between groups or group members and other people in other groups. performance improves when coordination is limited to team members and management with minimal interface with the outside. interdependencies throughout an organization provide opportunities for groupthink among groups and teams.
A and B are the correct answers. Lateral relationships in an organisation are those between teams or individuals in different departments.
Given that several departments must coordinate and work together to achieve projects or tasks, these relationships are crucial to the smooth operation of the company.
When lateral interactions are done well, they build a network of trust and cooperation that can be used to share resources, give feedback, and solve problems.
The ability of teams and individuals to collaborate allows the company to accomplish its objectives more quickly, effectively, and efficiently.
Also, lateral ties foster a sense of community and teamwork among employees, increasing their sense of engagement and connection.
Complete Question:
Which of the following statements describes the way lateral relationships impact organisations?
Multiple select question
A. Activities crucial to the team are those that entail dealing with people outside of the group.
B. Managing relationships means interaction between groups or group members and other people in other groups.
C. Performance improves when coordination is limited to team members and management with minimal interface with the outside.
D. Interdependencies throughout an organisation provide opportunities for groupthink among groups and teams.
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Lately, Marcus has noticed a lot of customer complaints that items purchased from his web store don't meet expectations. What improvement to the website will best help to solve this problem so customers know better what to expect when they buy items from his website
The improvement to this website that would best help to solve the problem so that customers would know what best to expect are High-quality product photos.
The issue is that there is disconnection between what the customers see and what they get.
In order to meet with customer complaints, Marcus has to listen to the problems that they seem to be having.
Then he has to effect the required changes by creating a connection between what his customers see and what they get.
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How do performance standards best promote ethical behavior?
Answer:
reviews and if manage hold themselves to a high standard of ethical behavior how do managers deal with overstaffing problems teaching employees better time management/.
Explanation:
PLS HELP take a look at the picture and lmk which one the answer is
Which economic system best defines: Lowest amount of economic freedom?
Answer:
command economy
Explanation:
In a command economy, the government is the only determinant of what is to be produced, its quantity, and price. All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.
The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.
how long does algorithm take to run how muh memory space does it require?
Answer:
The running time of an algorithm for a specific input depends on the number of operations executed. The greater the number of operations, the longer the running time of an algorithm.Space complexity is the total amount of memory space used by an algorithm/program including the space of input values for execution. So to find space-complexity, it is enough to calculate the space occupied by the variables used in an algorithm/program.
Explanation:
According to the video, which factors often affect Government and Public Administration? Check all that apply. O world events O product sales O political changes O new employees
Answer: world events, political changes
world events and political changes. i answered it and got it right.
Explanation:
Answer:
world events and political changes
Explanation: he literally said it
A materials price variance is equivalent to a labo______ variance and a materials quantity variance is equivalent to a labor_____ variance
A materials price variance is equivalent to a labor rate variance, and a materials quantity variance is equivalent to a labor efficiency variance.
Variance analysis is a technique used to analyze and understand the differences between actual and standard costs in a manufacturing process. It helps identify the reasons for cost variations and assists in controlling costs.
In variance analysis, materials and labor are two key cost elements. A materials price variance measures the difference between the actual cost of materials used and the standard cost based on the expected price. Similarly, a labor rate variance compares the actual labor rate paid with the standard labor rate per hour. Therefore, the materials price variance is equivalent to the labor rate variance because they both assess the cost differences based on the pricing aspect.
On the other hand, a materials quantity variance measures the difference between the actual quantity of materials used and the standard quantity expected for the output achieved. Likewise, a labor efficiency variance compares the actual labor hours worked with the standard labor hours allowed for the output produced.
Hence, the materials quantity variance is equivalent to the labor efficiency variance as they both evaluate the cost differences related to the quantity or efficiency aspect of production.
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Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.
Answer:
B
Explanation:
just did the test and got it right
checking the purchase order upon delivery of products to a warehouse ensures that
a. the order was actually made in the quality is correct
b. The items were purchased at the lowest possible price
c. The items work as advertised
d. there will be enough storage space to house the items
Answer:
i believe it is a.
Explanation:
im not sure but this sounds the most reasonable
3.) A special cereal mixture contains rice, wheat and corn in the ratio of
2:3:5. If a bag of the mixture contains 3 pounds of rice, how much corn
does it contain?
Answer:
7.5
Explanation:
Let R = rice.
Let W = wheat.
Let C = corn.
Let X = special cereal mixture
Given the following data;
Ratio of rice, wheat and corn = 2:3:5
Total quantity of rice = 3 pounds.
Ratio = 2 + 3 + 5 = 10
For rice;
2/10 * X = 3
Cross multiplying, we have;
2X = 30
X = 30/2 = 15
Therefore, the total quantity of the special cereal mixture is 15 pounds.
To find the total amount of corn;
C = 5/10 * 15
C = 75/10
C = 7.5 pounds.
Hence, the special cereal mixture contains 7.5 pounds of corn.
To find the total amount of wheat;
W = 3/10 * 15
W = 45/10
W = 4.5 pounds.
Check;
Special cereal mixture = rice + wheat + corn.
Special cereal mixture = 3 + 4.5 + 7.5
Special cereal mixture = 15 pounds.
Answer:
7.5 pounds of corn.
Explanation:
Rice=2x -> 3 pounds
Wheat=3x
Corn=5x
2x=3
x=1.5
5*1.5
=7.5
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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