The combined effect (both income and substitution) of a wage increase is that

Answers

Answer 1

The substitution effect of a higher wage causes the consumer to substitute labor for leisure.

What is income and types of income?

Three of the main types of income are earned, passive and portfolio. Earned income includes wages, salary, tips and commissions. Passive or unearned income could come from rental properties, royalties and limited partnerships. Portfolio or investment income includes interest, dividends and capital gains on investments.

What is income with example?

Income is money that an individual or business receives in exchange for providing labor, producing a good or service or investing capital. Individuals typically earn income through wages or salary, while businesses earn income from selling goods or services above their cost of production.

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Related Questions

What’s the answer?????

Whats the answer?????

Answers

Answer:

Imma say A. Danielle pushes a heavy box while walking to her car.

Explanation:

this is the most any scenario shows action.

Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 16,000 units. Direct materials and direct labor costs are $64 and $52 per unit, respectively. Ware expects to incur the following manufacturing overhead costs during the 2018 accounting period:
Production supplies $ 20,000
Supervisor salary 160,000
Depreciation on equipment 75,000
Utilities 20,000
Rental fee on manufacturing facilities 45,000
Required
a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units
b. Determine the cost of the 2,000 units of product made in January Complete this question by entering your answers in the tabs below.
Required A Required B
Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units Predetermined overhead rate per unit < Required A Required B >

Answers

Answer:

Total production cost= $266,380

Explanation:

First, we need to calculate the total estimated overhead costs:

total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000

total estimated overhead costs= $275,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000 / 16,000

Predetermined manufacturing overhead rate= $17.19 per unit

Finally, we can calculate the total production cost of the 2,000 units made in January:

Total production cost= total unitary cost*number of units

Total production cost= (64 + 52 + 17.19) * 2,000

Total production cost= $266,380

Question 7 of 10
Fred obtained a balloon mortgage and made regular payments for the period
of the loan. Which of the following is an unlikely option for him once the
balloon payment becomes due?
A. Foreclosure
B. Pay balloon payment in full
C. Sell the home
D. Refinance the balloon payment

Answers

Answer:

foreclosure

Explanation:

What are the two types of Insider Trading? ​

Answers

Explanation:

One is legal while the other is illegal.

Legal insider trading is when insiders trade the company's securities and report the trades to the authorities.

A firm operates in perfectly competitive market. The market price of its product is 6 birr and the cost function is given by 1/3Q3-5Q2+20Q+50, where TC is total cost and Q is the level of output. A. What level of output firm should the firm produce to maximize its profit? B. Determine the level of profit at equilibrium C. What a minimum price is required by the firm to stay in the market?​

Answers

To maximize profit in a perfectly competitive market, the firm should produce at the output level where marginal cost (MC) equals the market price (P).

The total cost (TC) function is given as:

TC = 1/3Q^3 - 5Q^2 + 20Q + 50

To find the marginal cost, we need to take the derivative of the total cost function with respect to Q:

MC = dTC/dQ = Q^2 - 10Q + 20

A. To maximize profit, set MC equal to the market price (P) and solve for Q:

Q^2 - 10Q + 20 = 6

Q^2 - 10Q + 14 = 0

Solving this quadratic equation will give us the level of output (Q) that maximizes profit. Using the quadratic formula, we find:

Q ≈ 2.34 or Q ≈ 7.66

Since Q represents the level of output, it cannot be a fraction or negative value in this context. Therefore, the firm should produce approximately 7 units of output to maximize profit.

B. To determine the level of profit at equilibrium, we need to calculate total revenue (TR) and subtract total cost (TC) at the output level where MC = P.

TR = P * Q

TR = 6 * 7 = 42

Profit (π) = TR - TC

Profit (π) = 42 - TC

To calculate the specific level of profit, we need the total cost equation. Substituting the value of Q into the TC equation, we can find the total cost at equilibrium.

C. To determine the minimum price required by the firm to stay in the market, we need to consider the level of average variable cost (AVC). If the price falls below AVC, the firm would be better off shutting down in the short run.

AVC = TVC / Q

AVC = (TC - TFC) / Q

However, the total fixed cost (TFC) is not provided in the given information. Without the TFC value, we cannot determine the minimum price required to stay in the market.

Therefore, we can answer parts A and B, but we cannot determine the minimum price required to stay in the market without the total fixed cost (TFC) information.

Which of the following plans generally identifies the basic
purpose of an organization?
(A) Competitive strategy
(B) Corporate policy
(C) Mission statement
(D) Long-range plan

Answers

Answer:

Explanation:

A mission statement is a concise statement that describes the fundamental purpose of an organization, including its key stakeholders, the products or services it provides, and the values that guide its operations. It is an essential component of an organization's strategic planning process and serves as a guiding principle for decision-making and goal-setting.

Competitive strategy refers to the methods and techniques that a company uses to gain a competitive advantage in the marketplace, while corporate policy refers to the rules and guidelines that govern an organization's operations. Long-range plans are strategic plans that extend several years into the future and outline an organization's goals and objectives over that time period.

Therefore, the answer is (C)- Mission statement

what would be the most important factors to consider for the network channel design

Answers

The most important factors to consider for the network channel design would be network resilience and redundancy; software and hardware standards; and integrated security mechanisms.

There are four crucial factors in network design that you must take into account if you want a network that is dependable, secure, and efficient. Solid network architecture will be more durable and provide overall higher performance. The ideal platform for all the apps you want to utilize is provided by effective networks, which operate swiftly and effectively.

Network design is the process of organizing and putting into place a computer network architecture. The majority of the time, network designers, engineers, IT administrators, and other relevant staff members do network design. It is carried out prior to the installation of a network infrastructure.

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If the price of a good remains the same for all possible quantities demanded for the product, demand is

O elastic
O perfectly inelastic
O inelastic
O perfectly elastic

Answers

Answer:

Perfectly inelastic

Explanation:

If a good's price elasticity is 0 (no amount of price change produces a change in demand), it is perfectly inelastic. If price elasticity is exactly 1 (price change leads to an equal percentage change in demand), it is known as unitary elasticity. Ty for points

In Exhibit above, suppose this labor market is unionized by a powerful union which forces a wage of $35 upon the industry. The firm would respond by hiring ____ workers and paying a wage of ____.
38A. 40; $35

Answers

In Exhibit above, suppose this labor market is unionized by a powerful union which forces a wage of $35 upon the industry. The firm would respond by hiring $35 workers and paying a wage of 40.

In such a competitive market, supply as well as demand decide wages. A rise in supply or a fall in demand would raise the equilibrium wage. The equilibrium wage would decline if supply as well as demand fluctuates.

In a labor market that is competitive, the equilibrium wage as well as employment level is established when the supply but also demand of labor are equal. The interplay of supply as well as demand in the labor market determines the market pay rate, just like it does for all equilibrium prices.

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just when to McDonalds. Got miss-cut pikachu 25th anniversary(non-foil). Should I trade it for normal 25th anniversary foil pikachu or keep it?

Answers

Answer:

i think you should keep it

Explanation:

what is miss-cut?

How does a low credit score affect a person who applies for a loan?
A. It makes banks more likely to give the person a large, long-term
loan.
B. It causes banks to charge the person higher interest rates on the
loan.
OC. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
D. It allows banks to give the person a loan without checking his or
her tax records,

Answers

A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.

Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.

Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.

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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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How will I apply my management skills in my future career

Answers

Management skills in your future career Effective communication, Leadership skills, Planning and prioritizing, and Problem-solving skills.

Management skills are critical in any profession. These abilities assist you in maintaining control of the operation and ensure that all personnel are performing at their best. Having efficient management skills is essential for a successful career.

Here are some ways that you can use management skills in your future career:

Effective communication: Effective communication is one of the most important abilities in management. This entails not only conveying your point of view to others but also actively listening to other's viewpoints. In your future job, you will need to interact with a variety of individuals from different backgrounds and cultures, and your communication skills will assist you in effectively conveying the message.

Leadership skills: Leadership is an essential element of management. You must possess the necessary abilities to lead your team and effectively manage them. When you lead by example, your team will be motivated to perform at their best and follow your lead.

Planning and prioritizing: Tasks and workloads are critical components of any profession. You must organize, prioritize, and manage your work effectively to be successful in your future career. Planning your work will ensure that you meet deadlines and deliver high-quality work. These skills will help you manage your time effectively and handle any challenges that may arise.

Problem-solving skills: Management skills can be effectively employed to solve problems that arise in your profession. These abilities can assist you in resolving any conflicts and making difficult decisions. You must have the ability to assess the situation and find a solution that works for everyone involved. These abilities will assist you in being successful in your future career.

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I
5. In a few sentences, explain the difference between a fixed exchange rate and a
flexible exchange rate. What are the basic advantages and disadvantages of each?
(4 points)

Answers

A fixed exchange rate is a type of exchange rate regime in which the government or central bank ties the official exchange rate to another country's currency or the price of gold.

The official exchange rate is fixed by the government or central bank, and it is kept constant. The government or central bank must be prepared to buy or sell its currency at the official exchange rate in order to keep it fixed. A flexible exchange rate, on the other hand, is a type of exchange rate regime in which the value of a currency is determined by supply and demand on the foreign exchange market.

Advantages of Fixed Exchange Rate:

Stable exchange rates are beneficial for businesses that require currency predictability. The central bank may employ monetary policy tools more effectively, resulting in lower inflation rates. It is less likely that a currency crisis would occur.

Disadvantages of Fixed Exchange Rate:

It limits a country's monetary policy independence because it must have sufficient foreign currency reserves to maintain the fixed rate. The country's economy may be hurt if the fixed exchange rate is too high.

Advantages of Flexible Exchange Rate:

A flexible exchange rate enables a country to adjust to changes in economic circumstances such as inflation, international competitiveness, and other economic conditions. It allows a nation to conduct an independent monetary policy.

Disadvantages of Flexible Exchange Rate:

Price stability may be difficult to achieve because the exchange rate is more volatile. Businesses may find it more challenging to plan for the future because of the unpredictability of exchange rates.

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Résumés should include the following:

your contact information
education history
family history
work history

Answers

Answer:

Education history

Explanation:

When you are looking for a job more than liky the job wants to know what school you went to and what level of education you have. Most job said you can take it right after high school some other job tell you you have to go through college other what a whole different school or training you have to go through.

Could This firm produce an output of 200 at an average total cost of $20?

Could This firm produce an output of 200 at an average total cost of $20?

Answers

Answer:

yes

Explanation:

Answer: No, This combination is unobtainable be production would be inefficient.

Explanation: Hope you get it right

what is the first phase of the money laundering process called?

Answers

Money laundering involves three steps: The first involves introducing cash into the financial system by some means ("placement")

Part of implementing Quality Windows Limited new enterprise resource planning (ERP) software is ensuring all workstations and servers run secure applications. Since the ERP software is new, Quality Windows Limited needs a new policy to set security requirements for the software. This policy will guide administrators in developing procedures to ensure all client and server software is as secure as possible. The goal is to minimize exposure to threats to any part of the new ERP software or resources related to it.

Describe the goals that define a secure application. Specifically, you will write two policies to ensure Web browsers and Web servers are secure. All procedures and guidelines will be designed to fulfill the policies you create.

Answer the following questions for Web browser and Web server software:

a. What functions should this software application provide?
b. What functions should this software application prohibit?
c. What controls are necessary to ensure this applications software operates as intended?
d. What steps are necessary to validate that the software operates as intended?

Answers

Answer:

A)i) web browser software :

  ii) web server software :

B) i) Web browser software: Auto-download updates  and Tracking functionality

ii)  web server software : unauthorized access and unsecure connection from web browse

C) i) Legal and regulatory controls

  ii) Access controls

D) i)  Validation process -

ii) Define Requirements-

iii) Develop:

iv)Testing: Test what has been developed

v) Review/Management :

Explanation:

A ) Functions that the software application should provide

i) web browser software : This functions requires the software to make requests from the relevant web pages and sending them to the web server software application and serve it up to customers

ii) web server software : This function means that the software should be  able to store, process and deliver web pages to web browser applications’.

B) Functions that this software application should prohibit

i) Web browser software: Auto-download updates  and Tracking functionality

ii)  web server software : unauthorized access and unsecure connection from web browser

C) Controls that are necessary to ensure application software operates as intended

i) Legal and regulatory controls such as privacy laws, and copyright policies  will help the software operate smoothly

ii) Access controls such as  user authentication when a user is trying to login is very vital for the security of the user

D Steps necessary to validate that the software operates as intended

i)  Validation process - The validation process is the first step which is intended to  implement plans that identifies who has access to the software, what is been done on the software, and where the software is going to be accessed from.

ii) Define Requirements- defining the functions of the software and what the system can't do as well

iii) Develop: after Defining the requirements the next step is to develop the software in line with the defined requirements

iv)Testing: Test what has been developed

v) Review/Management : After successful testing of the product/software a review of the whole process before commercializing it is required as well

Define assessed income

Answers

Assessed income is the portion of income that is used to calculate an individual's tax liability.

This income is usually calculated by taking a person's total income and then subtracting any deductions or exemptions that they are entitled to. The resulting figure is known as the person's taxable income, which is then used to determine how much they owe in taxes. Assessed income can include a variety of different types of income, such as wages, salaries, bonuses, tips, rental income, investment income, and more.

It is important to note that not all income is considered taxable income, and there are many deductions and exemptions available that can reduce a person's assessed income and therefore their tax liability. These deductions and exemptions can include things like charitable donations, business expenses, medical expenses, and more. There are several different methods that can be used to calculate assessed income, depending on the type of income that is being considered.

For example, income from employment is usually calculated using a person's gross income, while income from investments may be calculated based on capital gains or losses. Ultimately, the goal of calculating assessed income is to ensure that each individual is paying their fair share of taxes based on their income level.

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The employees at your job have been asked to attend a mandatory training meeting. Your co-worker, Mike, doesn't want to go and has asked that you sign his name to the attendance sheet for him. Mike's request shows he does not demonstrate which workplace attitude?


honesty

dependability

punctuality

self-confidence

Answers

Answer:

dependability

Explanation:

I know it has to be one of those two. Dependability means honesty, reliability, and trustworthiness which we can see that Mike doesn't have. So actually, it'd be B  

Answer:

Dependability

Explanation:

...

Gomez runs a small pottery firm. He hires one helper at $10,500 per year, pays annual rent of $4,500 for his shop, and spends $19,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $5,000 per year if alternatively invested. He has been offered $21,000 per year to work as a potter for a competitor. He estimates he could use his talents to earn an additional $3,000 per year in consulting fees if he were working full time as a potter. Total annual revenue from pottery sales is $71,000.Calculate the accounting profit and the economic profit for Gomez’s pottery firm.1. Accounting Profit = $______2. Economic Profit = $______

Answers

Answer:

Economic profit= $8,000

Accounting profit= $37,000

Explanation:

Giving the following information:

Costs:

Helper= $10,500 per year

Rent= $4,500

Materials= $19,000

Total= 34,000

Pottery Revenue= $71,000

Alternative= 5,000 + 21,000 + 3,000= $29,000

The difference between the economic profit and accounting profit is that the first one includes the opportunity cost of an alternative income.

Economic profit= 71,000 - 34,000 - 29,000= $8,000

Accounting profit= 71,000 - 34,000= $37,000

Why should you notify the credit bureaus if you are a victim of identity theft?
A. they can post an identity theft alert on your credit report.
B. they can freeze your accounts to stop the identity theft.
C. they can conduct a criminal investigation into the issue.
D. They can make sure your financial losses are repaid in full.

Answers

Answer: A and or B

Explanation: A and or B because they could do both but the first thing they would do is B but depending on the place they could also do D but most likely A and or B.

Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.

STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24

STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18

Answers

Answer:

[Your Name]

[Your Position]

[Date]

Subject: Insights from our Survey - A Window into the Lives of our Valued Customers

Dear [CEO's Name],

I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.

Chart 1: Income Categories - Reflecting the Lives of our Customers

This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.

By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.

Chart 2: Gender Distribution - Celebrating Diversity and Inclusion

This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.

Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.

Chart 3: Question Responses - Unveiling Our Customers' Voices

Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.

Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.

In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.

Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.

Warm regards,

[Your Name]

[Your Position]

Explanation:

Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.

Answers

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

What is the selling price per pound for onions?

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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can someone plz help me with this idk what to do for it

can someone plz help me with this idk what to do for it

Answers

Answer: its a baby. 2 hours

Explanation:

love u

destion
Which of the following accurately describes the requirements banks must
meet under a fractional reserve banking system?
A. Banks must keep a specific percentage of deposits on hand.
B. Banks must get government approval for all loans.
C. Banks reserve the right to raise interest rates at any time.
D. Banks must pay a specific fraction of their assets in taxes.

Answers

The correct answer is A. Banks must keep a specific percentage of deposits on hand.

Option A accurately describes the requirements banks must meet under a fractional reserve banking system. In such a system, banks are required to maintain a fraction or percentage of their customers' deposits as reserves. The reserve requirement is typically set by the central bank or regulatory authorities. The purpose of this requirement is to ensure that banks have enough liquidity to meet the demands of depositors who may wish to withdraw their funds. By keeping a fraction of deposits as reserves, banks can lend out the remaining portion to borrowers and earn interest on those loans, effectively creating new money in the economy through the process of credit creation. Option A correctly reflects the requirement for banks to maintain a specific percentage of deposits on hand in a fractional reserve banking system.

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PLEASE HELP
Discussion of how business intelligence is used or could be used to support SpaceX's 3D printing process

Answers

Business intelligence (BI) can be employed to provide assistance to SpaceX's 3D printing procedure in several ways:

How business intelligence is used or could be used to support SpaceX's 3D printing process

Quality regulation: BI tools could facilitate the monitoring of the quality of 3D-printed parts, recognize errors anddefects, plus detect areas for advancement. By exploring data from the 3D printing step, SpaceX may discover structures and trends that hint towards potential troubles with both the design as well as fabrication process, allowing them to take corresponding adjustments.

Cost enhancement: BI tools might be implemented to investigatethe cost of 3D printing and pinpoint sections where price savings can be accomplished. For example, by examining information concerning material usage, labor costs, and equipment efficacy, SpaceX will be able to minimize expenditures while retaining greatness.

Process streamlining: BI tools may be exploited to optimize the 3D printing method by discovering hurdles, problems, or opportunities for betterment. For example, by studying data on utilization of machines and printing rate, SpaceX will recognize openings to escalate proficiency and reduce printing time.

Predictive maintenance: BI instruments could promote surveillance of health of 3D printers and anticipate when upkeep or renovations are needed. By evaluating data regarding functioning of devices and maintenance history, SpaceX would be capable of foreseeing repair needs  and arrange mending or substitution ahead of time, curtailing downtimes and heightening machine operability.

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In a furniture store, a window display shows how colorful lamps and pillows
can brighten a room. How could an online retailer best provide this kind of
information on its website?
A. Set up displays with mannequins holding colorful lamps and
pillows.
B. Organize pillows and lamps by color on racks or shelves.
C. Provide a link to a video showing how to brighten a room with
lamps and pillows.
D. Let shoppers zoom in on images of pillows and view them from
different angles.

Answers

Answer:C

Explanation: Provide a link to show how brighten a room is

Q3. Obtain an initial basic feasible solution to the following transportation problem
using Vogel’s approximation method.
D1 D2 D3 D4
A 5 1 3 3 34
B 3 3 5 4 15
C 6 4 4 3 12
D 4 -1 4 2 19
21 25 17 17 80

Answers

To use Vogel's approximation method to find a simple, workable solution to the transportation issue mentioned above.

How to calculate feasible solution?

Determine the cost of the penalty for each cell:

D1 D2 D3 D4

A 5 1 3 3 34 (0) (50-4-2) = 44

B 3 3 5 4 15 (0) (30-9-3) = 18

C 6 4 4 3 12 (0) (20-11-5) = 4

D 4 -1 4 2 19 (0) (25-10-6) = 9

21 25 17 17 80

Find the column and row for each that has the highest penalty cost:

Column 1: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1

Column 2: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1

Column 3: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1

Column 4: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1

Row 1: C1 = 44, C2 = 44, C3 = 44, C4 = 44, maximum penalty in C1 and C2

As the initial cell, choose the one with the highest penalty cost:

(R1, C1) = 44

Give the chosen cell the supply and demand information:

Allocate 5 units to (R1, C1)'

D1 D2 D3 D4

A 0 1 3 3 34 5 (50-4-2) = 44

B 3 3 5 4 15 0 (30-9-3) = 18

C 6 4 4 3 12 0 (20-11-5) = 4

D 4 -1 4 2 19 0 (25-10-6) = 9

21 25 17 17 80

Repeat steps 2 through 4 until all supply and demand are met:

Column 2: R2 = 18, R3 = 4, R4 = 9, maximum penalty in R2

Row 2: C2 = 44, C3 = 18, C4 = 15, maximum penalty in C2

(R2, C2) = 18

Allocate 3 units to (R2, C2)

D1 D2 D3 D4

A 0 0 3 3 34 5 0

B 3 0 5 4 15 3 (30-9-3) = 18

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Rest of the question is,

Fat units Cost per unit

A 20 50 4 2

B 30 30 9 3

C 40 20 11 5

D 40 25 10 6

E 45 50 9 8

F 30 20 10 8

Describe the nature of a manufacturing businesses

Answers

Answer:

manufacturing business is any business that uses components, parts or raw materials to make a finished good. These finished goods can be sold directly to consumers or to other manufacturing businesses that use them for making a different product.

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