Captain Nemo, owner of Suboptimum Underwater Boat Company (SUB), is puzzled. He has a contract for 12 boats and has completed 4 of them. He has observed that his production manager, young Mr. Overick, has been reassigning more and more people to torpedo assembly after the construction of the first four boats. The first boat, for example, required 225 workers, each working a 40-hour week, while 45 fewer workers were required for the second boat. Overick has told them that "this is just the beginning" and that he will complete the last boat in the current contract with only 100 workers! Overick is banking on the learning curve, but has he gone overboard?
Solve this question on a page without a learning curve and ms excel.
Answers
In this case, analyzing the historical data and understanding the nature of the boat construction process will provide insights into whether Mr. Overick's assumption is reasonable or if he has indeed gone overboard in his expectations.
The learning curve theory states that with repetitive tasks, as workers gain experience, they become more efficient, leading to increased productivity and reduced labor requirements.
However, the learning curve effect is not universal and can vary depending on several factors such as the complexity of the task, the skill level required, and the nature of the learning curve itself.
In the given scenario, Captain Nemo and Mr. Overick should examine the historical data of boat construction to determine if a learning curve is present and if it follows the expected pattern. If the learning curve theory holds true, they should be able to observe a consistent reduction in labor requirements as more boats are produced.
However, if the reduction in labor requirements is not consistent or the learning curve effect is not significant, Mr. Overick's assumption of completing the last boat with only 100 workers may be unrealistic.
Additionally, it is important to consider other factors that can influence the labor requirements, such as changes in the boat's design, complexity, or the introduction of new processes or technologies. These factors may disrupt the learning curve effect or even result in increased labor requirements.
Therefore, to determine the validity of Mr. Overick's claim, Captain Nemo and Mr. Overick should analyze the historical data, assess the nature of the boat construction process, and consider any other relevant factors that could impact labor requirements.
By conducting a thorough evaluation, they can make an informed decision regarding the feasibility of completing the last boat with the anticipated number of workers.
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Related Questions
Suppose a mutual fund has 10 million shares outstanding, assets with a total value of $30 million,of which $500,000 is cash, and fund liabilities of $500,000. What is the current NAV per share
Answers
Answer:2.95
Explanation:
Based on the given assets, cash fund, and liabilities, the Mutual fund's NAV per share is $2.95.
What is the Mutual Fund's NAV per share?This can be found by the formula:
= (Assets + Cash - Liabilities)/Number of Shares
Solving gives:
= (30,000,000 - 500,000) / 10,000,000
= 29,500,000 / 10,000,000
= $2.95 per share
In conclusion, the NAV per share is $2.95 per share.
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Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call with the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state.
Austin would use creative imagery to: __________
a. develop dramatic visual aids.
b. encourage two-way communication.
c. cope with pre-call stress.
d. establish seller empathy.
e. create synergy with the prospect.
Answers
Austin would use creative imagery to cope with pre-call stress.
Imaginary is a term that refers to thoughts that only exist in the imagination. Imagination is the process that allows the human to manipulate information generated internally in the brain to create a representation in the mind.
Imagination is related to creativity, that is, creating new ideas on any subject. Okay so Austin is using creative images to organize his ideas and express himself well with the Diamonite CEO.
According to the above, the correct answer is C. Cope with pre-call stress.
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what is business ? please tell us
Answers
Answer:
Noun, a person's regular occupation, profession, or trade.
Explanation:
A ground-dwelling plant grows along a chain-link fence
Answers
Answer: Very instresting?
Explanation:
According to the digital disconnect and the lecture, the global digital divide is the result of _____.
Answers
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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the __________ consists of the heads (the secretaries) of the executive departments together with other top officials accorded similar rank.
Answers
The Cabinet consists of the heads (the secretaries) of the executive departments together with other top officials accorded similar ranks.
A Cabinet is a group of high-ranking government officials, usually composed of the heads of government departments or ministries. They are sometimes referred to as ministers, secretaries, or (in some cases) state counselors. Cabinets are usually established by the executive branch of the government and are responsible for implementing and enforcing government policies and laws. In the United States, the Cabinet is an advisory body composed of the heads of the executive departments and other high-ranking officials chosen by the President. The Cabinet serves as the President's chief advisor and is responsible for managing and executing various government programs and policies.
In conclusion, the Cabinet is a critical component of many governments worldwide, and its members play an essential role in shaping government policies and laws. It's a group of high-ranking officials chosen by the President to help manage and execute government programs and policies.
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____ is the measure of how long a product last
Answers
Answer:
This can be a varied answer, what are the options?
Explanation:
Answer: Consumability
Explanation:
For bi to be successful, the _____ in the organization must be strongly committed to data-driven decision making.
Answers
For bi to be successful, the management in the organization must be strongly committed to data-driven decision-making.
An organization e is a collection of folks who paintings collectively, like a community affiliation, a charity, a union, or an enterprise. you can use the phrase organization to refer to group or business, or to the act of forming or setting up some thing.
An organization is an official group of people, for instance a political party, a enterprise, a charity, or a club. maximum of those specialized faculties are supplied by using voluntary agencies. ... a document by using the global Labour business enterprise. Synonyms: organization, organization, birthday party, frame extra Synonyms of company.
An organization is a group of or extra individuals and the coordinated allocation of resources around a not unusual goal or objective.
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What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Answers
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
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Answer:
Goods produced and resources invested
Explanation:
Innovative Media issues 1,000 shares of 8%, $50 par value preferred stock for $60 per share. Which of the following will be recorded at the time of the issue? a. A credit to additional paid-in capital for $10,000. b. A debit to cash for $50,000. c. A credit to preferred stock for $10,000. d. A creaser to preferred stock for $60,000.
Answers
Recorded at the time of the issue of 1,000 shares of 8%, $50 par value preferred stock for $60 per share by Innovative Media is (b) A debit to cash for $50,000. This is because the amount that will be recorded at the time of the issue is the amount of cash that is received from the sale of the preferred stock.
When a company issues new stock to the public, the proceeds are recorded as cash in the balance sheet.
To record the issuance of preferred stock, the following entry will be made:
Debit Cash $50,000
Credit Preferred stock (8% * 1000 * $50) $40,000
Credit Additional paid-in capital $10,000
When Innovative Media issues 1,000 shares of 8%, $50 par value preferred stock for $60 per share, the amount that will be recorded at the time of the issue is the amount of cash that is received from the sale of the preferred stock. The amount recorded as preferred stock is the product of the par value of the stock and the number of shares issued. In this case, the par value is $50 and the number of shares is 1,000, so the amount recorded as preferred stock will be $50,000. The additional amount received over the par value of the stock is recorded as additional paid-in capital, which in this case will be $10,000.The entry that will be made to record the issuance of preferred stock will therefore be:
Debit Cash $50,000
Credit Preferred stock (8% * 1000 * $50) $40,00
0Credit Additional paid-in capital $10,000
Thus, option (b) A debit to cash for $50,000 is the correct answer.
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Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?
Answers
Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
how can person identify whether a company is private company or public company
Answers
Answer:
The overview of that same problem is defined throughout the explanation segment below.
Explanation:
My understanding would be that privately owned businesses will happily inform anyone who queries. Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Manuel wants to better manage his money and has started to seriously focus on financial planning. He has looked at his accounts and his other resources. What is the NEXT step Manuel should take in the financial planning process?
Identify his short-term and long-term financial goals.
Identify his potential goals.
Periodically review and revise his financial plan.
Answers
Answer: A. Identify his short-term and long-term financial goals.
Explanation:
You're welcome :)
After going over his accounts and resources, Manuel should reflect on his short-term and long-term financing.
What is short and long-term finance?Short period financing methods cast off a mortgage to make a purchase, commonly with a time period of much less than 365 days. Trade credit, commercial bank loans,commercial paper and secured loans.
Long period finance may be described as any economic device with an exceeding one year, consisting of financial institution loans, bonds, leasing, and different sorts of debt finance, public finance instruments.
So from the above declaration, it's clear that short and long-time period financing, is the ideal answer.
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When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high
O when there is no difference
O when the benefits outweigh the
cost
Answers
Answer:
when the difference outweighs the cost
Will mark Brainliest
Type the correct answer in the box. Spell all words correctly.
Which activity involved in the distribution function of a business concerns the supply of products from the manufacturer to the retailer?
(________________) is a crucial part of distribution since it is concerned with ensuring that the product(s) reaches the retailer or distributor.
Answers
Answer:
Product distribution! Plz mark brainliest! Have a great day! :)
Explanation:
There are no viruses that specifically target mobile phones or tablets?
Answers
Answer:
no not really in my opinion
Answer:
Yes, there ARE viruses that target mobile and tablet devices.
Explanation:
There's a virus that spams apps on your phone, crashing it.
This is basically a virus, since it harms the device.
In the book, Journey to the Emerald City, Roger Connors and Tom Smith identified the first step to creating a culture for
accountability as:
a) Take action on beliefs
b) Identify beliefs to produce desired action
c) Identify desired results
Answers
Answer:
Explanation:
C Identify desired results
what should you consider regarding auto insurance before buying a vehicle
Answers
Answer:both a and c
Explanation:
i did the quiz
"A competitive market achieves economic efficiency by maximizing the sum of consumer surplus and producer surplus." This statement
Answers
This statement is only true if there are no externalities present in the market. Externalities are the unintended consequences of economic activities that affect third parties.
What are externalities?
Externalities are the unintended consequences of economic activities that affect third parties. These can be either positive externalities, which are the benefits of an economic activity that spill over to third parties, or negative externalities, which are the costs of an economic activity that are passed on to third parties.
How can externalities be addressed?There are several ways that externalities can be addressed, including:
Market-based solutions: Market-based solutions, such as taxes or subsidies, can be used to internalize externalities and align the costs and benefits of economic activities more closely with those who incur them.
Regulation: Governments can regulate economic activities to reduce the negative impacts of externalities on third parties.
Education and awareness: Raising awareness about the negative impacts of externalities can encourage individuals and businesses to adopt more sustainable practices that reduce negative externalities.
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This statement is only true if there are no externalities present in the market. Externalities are the unintended consequences of economic activities that affect third parties.
What are externalities?Externalities are the unintended consequences of economic activities that affect third parties. These can be either positive externalities, which are the benefits of an economic activity that spill over to third parties, or negative externalities, which are the costs of an economic activity that are passed on to third parties.
How can externalities be addressed?There are several ways that externalities can be addressed, including:
Market-based solutions: Market-based solutions, such as taxes or subsidies, can be used to internalize externalities and align the costs and benefits of economic activities more closely with those who incur them.
Regulation: Governments can regulate economic activities to reduce the negative impacts of externalities on third parties.
Education and awareness: Raising awareness about the negative impacts of externalities can encourage individuals and businesses to adopt more sustainable practices that reduce negative externalities.
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Walmart probably has the most ____ in its supply chain relationships because of its size, negotiating strength, and its commitment to improvement in its supply chain performance.
solidarity
power
weakness
franchises
justice
Answers
Walmart probably has the most power in its supply chain relationships because of its size, negotiating strength, and its commitment to improvement in its supply chain performance. Option b is answer.
Walmart is one of the largest retailers in the world, and its size and negotiating strength give it a significant advantage in its supply chain relationships. Walmart's suppliers are often dependent on the company for a large portion of their business, which gives Walmart significant bargaining power. Additionally, Walmart has made a commitment to improving its supply chain performance, which has led to increased efficiency and cost savings for the company.
This commitment to improvement has likely further strengthened Walmart's negotiating position in its supply chain relationships. While solidarity, justice, and franchise relationships can also be important factors in supply chain relationships, in the case of Walmart, its size and negotiating strength are likely the most significant factors contributing to its power in its supply chain relationships.
Option b is answer.
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Can someone pls help me with this? I'll give Brainliest :]
![Can someone pls help me with this? I'll give Brainliest :]](https://i5t5.c14.e2-1.dev/h-images-qa/contents/attachments/VyA6ajb0KLkUS5BGF9LTlq59Dj0VWKTF.png)
Answers
Answer:
sure but how can i help
Explanation:
On January 2, 2015, Banno Corporation issued $1,500,000 of 10% bonds at 97 due December 31, 2024. Interest on the bonds is payable annually each December 31. The discount on the bonds is also being amortized on a straight-line basis over the 10 years. (Straight-line is not materially different in effect from the preferable "interest method.")The bonds are callable at 101 (i.e., at 101% of face amount), and on January 2, 2020, Banno called $900,000 face amount of the bonds and redeemed them.Ignoring income taxes, compute the amount of loss, if any, to be recognized by Banno as a result of retiring the $900,000 of bonds in 2020. (Round answer to 0 decimal places, e.g. 38,548.)Loss on redemption
Answers
Answer:
$22,500
Explanation:
Computation of the amount of loss
Loss on redemption of bonds=[($900,000*101%)+(100%-97%*$900,000/10 years*5years)]-$900,000
Loss on redemption of bonds=[($909,000)+(3%*$900,000/10 years*5 years)]-$900,000
Loss on redemption of bonds=($909,000+$13,500)-$900,000
Loss on redemption of bonds=$922,500-$900,000
Loss on redemption of bonds=$22,500
Note that 1/2/2016 - 1/2/2020 will give us 5 years which means that there are 5 years left making the balance in the discount Account to be $13,500.
Therefore the amount of loss will be $22,500
Fill in the blank:
Setting (blank) objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
(blank) on the firm.
Answers
Social objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
liabilities on the firm.
The term "social aims" refers to goals that are intended to be realized for the betterment of society. Company makes use of society's limited resources. As a result, people expect something in exchange for its well-being. The fulfillment of social duties is referred to as a social objective.
So, Social objective and Liabilities area correct answers.
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I NEED HELPPPP! I need a 5 paragraph essay thats due on nov 17 2022 about finance. Word limit is 900
Answers
The study of money, investments, and other financial instruments is referred to as finance. Public finance, corporate finance, and personal finance are three main divisions that can be made. Social finance and behavioral finance are more recent subcategories of finance. Economics does not study finance; rather, finance is a study of theory and practice. The Babylonian Code of Hammurabi codified the early Sumerian people's financial dealings. The first trade, which took place in Antwerp in 1531, is credited to Belgium.
In 1773, the London Stock Exchange was founded. The earliest known bond was created in 2400 B.C. The Bible contains examples of option contracts. By the end of the 17th century, both forward and options contracts had been included in Amsterdam's clearing system. But mathematicians did not start to examine how invested sums could accumulate until the medieval era. The earliest tables of compound interest in English were found in a book on accounting and mathematics written by William Colson.
There are many ways for businesses to get funding, from stock investments to credit agreements. A business might arrange for a line of credit or borrow money from a bank. User fees from ports, airport services, and other facilities are some other sources of public funding. Analysis of an individual's current financial situation, forecasting of short-and long-term needs, and implementation of a plan to meet those needs within the individual's financial limits are all parts of financial planning. Personal finance issues include, but are not limited to, buying financial items for private use.
Social impact bonds are a special kind of financial instrument that functions as a contract with the public sector or local government. They are sometimes referred to as Pay for Success Bonds or Social Benefit Bonds. A few microfinance subsets, notably loans to start-ups and small business owners, are also included in contemporary forms of social finance. Behavioral finance puts forth psychologically based ideas in order to explain financial anomalies like increases or decreases in stock prices. The goal is to pinpoint and comprehend the motivations behind people's financial decisions. Mental accounting, herd behavior, anchoring, and high self-rating and overconfidence are four essential principles.
According to mental accounting, people are likely to give each asset group or account a different role. Anchoring is the practice of associating expenditure with a specific level or point of reference despite the fact that it may not be logically related to the current decision. High self-rating is the propensity for a person to rate themselves higher than the average person or better than others. For instance, an investor's ability to choose stocks can suffer from overconfidence. Investors are interested in economic data since it has a significant impact on the markets. Investors should steer clear of "either/or" discussions between economics and finance. While finance focuses more on the person, business, or industry, economics might concentrate on public policy. Finance has traditionally been more applied than economics, while economics has been more theoretical.
The study and system of money, investments, and other financial tools are together referred to as "finance. Public finance, corporate finance, and personal finance are three main divisions that can be made. The Babylonian Code of Hammurabi codified early Sumerian financial operations. The earliest known bond was created in 2400 B.C. Analysis of an individual's current financial situation, forecasting of short-and long-term needs, and implementation of a plan to meet those needs within the individual's financial limits are all parts of financial planning. Mental accounting, herd behavior, anchoring, and high self-rating and overconfidence are four essential principles. While finance focuses more on the person, business, or industry, economics might concentrate on public policy.
How do the effects of voluntary restraint agreements differ from the effects of a tariff? Tariffs reduce trade by more than voluntary restraint agreements. Voluntary restraint agreements result in higher prices, which increase revenue for foreign firms, while the revenue raised from tariffs goes to the domestic government. Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not. Voluntary restraint agreements are informal agreements that can be easily changed, while tariffs are not.
Answers
Answer:
Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not.
Explanation:
A tarrif is defined as a tax that is imposed by government on goods and services that are imported from another country. Tarrifs are used to discourage imports by increasing their prices compared to locally produced goods and services.
Voluntary restraint agreements is is also called voluntary export restraint. It is a restriction on the amount of goods and services that exporters are allowed to export to other countries. It is also referred to as export visa.
Tarrifs results in increase in price of goods and services while voluntary restraint agreement does not.
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
Answers
Explanation:
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
At December 31, 2022, Familla Corporation estimates that goods with a selling price of $1,150 and a cost of $500 that were sold on account during the current period will be returned during the next accounting period. Record the entries required to adjust for this information. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answers
The required appropriate journal entries assuming Familla Corporation estimate that goods with a selling price of $1,150 and a cost of $500 that were sold on account are:
Dr Sales return $1,150
Cr Account Receiveble $1,150
Dr Cost of sales return $500
Cr Cash $500
Based on the given information the required journal entries are:
Familla Corporation Journal entries
December 31, 2022
Dr Sales return $1,150
Cr Account Receiveble $1,150
(To record sales return on account)
December 31, 2022
Dr Cost of sales return $500
Cr Cash $500
(To record cost of sales return)
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what do you mean by office personal
Answers
Answer:
an office personal is a private office space.so having a private office you have more privacy and this can result in higher productivity if your work requires full concentration.
Explanation:
hope that help
you have a $50,000 portfolio consisting of intel, ge and con edison. you put $20,000 in intel, $12,000 in ge and the rest in con edison. intel, ge and con edison have betas of 1.3, 1.0 and 0.8 respectively. what is your portfolio beta?
Answers
Portfolio Beta = (20/50)(1.3)+(12/50)(1.0)+(18/50)(0.8)=1.048
Why should I be concerned with my portfolio's beta?A portfolio's beta reveals how much more volatility it has relative to the market. The danger of your existing investments is represented by volatility. The more volatile your portfolio is (greater beta), the more dramatically it will fluctuate and record a loss in the event of a panic sale.
How do you define a high portfolio beta?A stock with a beta above 1.0 fluctuates more than the market over time. A stock's beta is a little less than 1.0 if it fluctuates less than the market. Low-beta stocks carry less risk but have lower potential returns whereas high-beta stocks are considered to carry greater risk but have larger potential returns.
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If you were an elected official who wanted to increase tax revenues, which of the following would you prefer to use: individual income, sales, property, corporate income, user fees, VAT or flat? Provide reasons for your decision.
Answers
Answer:
sales tax
Explanation:
It does not choose discriminatory the more you spend the more you pay, from a moral perspective people would rather pay for what they get rather than what they make and then possibly invest or save. They would not want to pay taxes at least 3 times if it is an investment.