KM
Kristina Matos
Answers (6)
KM
Answered
In long-run equilibrium,a firm in monopolistic competition is similar to a monopoly because it:
A) earns no economic profit.
B) charges a price equal to marginal cost.
C) charges a price greater than marginal cost.
D) charges a price equal to average total cost.
A) earns no economic profit.
B) charges a price equal to marginal cost.
C) charges a price greater than marginal cost.
D) charges a price equal to average total cost.
On Jul 14, 2024
C
KM
Answered
What type of probability is associated with an individual's movement behaviours in a specific job,given the Markov model?
A) stochastic probability
B) movement probability
C) transitional probability
D) promotion probability
A) stochastic probability
B) movement probability
C) transitional probability
D) promotion probability
On Jul 13, 2024
C
KM
Answered
The demand for ________ in a competitive industry depends on its productivity and upon how its product is valued in the marketplace.
A) only skilled labor
B) only unskilled labor
C) only labor in general
D) any factor of production
A) only skilled labor
B) only unskilled labor
C) only labor in general
D) any factor of production
On Jun 14, 2024
D
KM
Answered
Schurz Corporation's management reports that its average delivery cycle time is 26.7 days, its average throughput time is 10.0 days, its manufacturing cycle efficiency (MCE)is 0.22, its average move time is 0.6 day, and its average queue time is 6.7 days.
Required:
a.What is the wait time?
b.What is the process time?
c.What is the inspection time?
Required:
a.What is the wait time?
b.What is the process time?
c.What is the inspection time?
On Jun 12, 2024
a.Delivery cycle time = Wait time + Throughput time
26.7 days = Wait time + 10.0 days
Wait time = 26.7 days - 10.0 days = 16.7 days
b.MCE = Process time ÷ Throughput time
0.22 = Process time ÷ 10.0 days
Process time = 0.22 × 10.0 days = 2.2 days
c.Throughput time
= Process time + Inspection time + Move time + Queue time
10.0 days = 2.2 days + Inspection time + 0.6 days + 6.7 days
Inspection time = 10.0 days - 2.2 days - 0.6 days - 6.7 days
= 0.5 days
26.7 days = Wait time + 10.0 days
Wait time = 26.7 days - 10.0 days = 16.7 days
b.MCE = Process time ÷ Throughput time
0.22 = Process time ÷ 10.0 days
Process time = 0.22 × 10.0 days = 2.2 days
c.Throughput time
= Process time + Inspection time + Move time + Queue time
10.0 days = 2.2 days + Inspection time + 0.6 days + 6.7 days
Inspection time = 10.0 days - 2.2 days - 0.6 days - 6.7 days
= 0.5 days
KM
Answered
In the department's cost reconciliation report for June, the total cost accounted for would be:
A) $876,000
B) $46,000
C) $842,000
D) $438,000
A) $876,000
B) $46,000
C) $842,000
D) $438,000
On May 14, 2024
D
KM
Answered
Per-unit cost of direct materials
A)Graph 1
B)Graph 2
C)Graph 3
D)Graph 4
E)Graph 5
A)Graph 1
B)Graph 2
C)Graph 3
D)Graph 4
E)Graph 5
On May 13, 2024
c