The determination of the productivity of the inputs utilised in the manufacturing process is a critical component of management decision making. As we will see, these metrics are advantageous for assessing the performance of a manufacturing process and making profit- maximizing input selections. Total product, average product, and marginal product are the three most significant metrics of productivity. Explain with appropriate example.
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The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.
How do these metrics show productivity?Taking the labor component in production as an example, one can see the impact of these metrics.
The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.
The average product then shows how efficient labor is because it gives an idea of the products produced per labor.
Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.
These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.
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Related Questions
Do you think that MTV’s future lies mostly in its international operations?
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Answer:
[tex]6 \times y { \sqrt{ > 2fube} }^{2} [/tex]
Pre-split price per share question
Question 2 Attached
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The pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.
What is a reverse split?A reverse split is the reduction of the number of shares of a corporation's stock.
When a corporation institutes a reverse split, the number of outstanding shares reduces to form a smaller number in proportion to the reverse split.
The fewer shares consolidate the stock at a higher price. A reverse split is the opposite of a stock split that increases the number of outstanding shares while reducing the share price.
Thus, the pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.
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A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.
In which of the following economic markets is the cable company operating?
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Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.
What is a monopolistic market?
This is a type of market that has only one company that is in charge of offering products or services to the public.
The market here is a cable tv and internet company that provides services to the community.
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Cert 4 real estate if an agent (A)_ that (B)_ or creates an (C)_ when there is (D) _ , they expose themselves to (E) _
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The cert 4 is an illustration of real estate practices
The statements that complete the blanks are: A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
What is the cert 4?The cert IV or cert 4 is a certificate that given an individual the licence to apply for the class 2 real estate agent practice, and it also helps the individual to perform real estate practices successfully.
How to complete the blanks?Under the business management law of real estate practices, we have the following estate practice law:
"If an agent provides information or creates an impression when there is no reasonable foundation, then they expose themselves to misrepresentation."
Using the above as a guide, the statements that complete the blanks are:
A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
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Your company just started offering a profit-sharing plan, which could increase your total compensation by as much as 25%—if the company does well. This form of compensation is classified as:
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If your company just started offering a profit-sharing plan if the company does well. This form of compensation is classified as: Incentive.
What is incentive?Incentive can be defined as the way of compensating a person by giving the extra money so as to encourage the person.
Since the proft sharing plan will tend to lead to increase in compensation by 25% in a situation where the company have increase in productivity. This is called incentive.
Therefore this form of compensation is classified as: Incentive.
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Sophie's dorm room was hot since she did not have air conditioning. She decided to buy a new fan.
What type of consumer behavior influence below does this scenario describe?
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Answer:
The type of consumer behavior this scenario describes is psychological consumer behavior.
Select the correct answer from each drop-down menu.
Complete the following sentences related to IT policy in a workplace.
You can instill a sense of trust in your
You can also install an Internet
by allowing them to use the Internet for
system to protect the data in your systems.
use for a limited time.
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Answer:
You can instill a sense of trust in your employees by allowing them to use the Internet for personal use for a limited time.You can also install an Internet security system to protect the data in your systems.
Explanation:
Answer:
Clean your screen
Explanation:
ts dirty
What do intentional torts, negligence, and strict liability have in common?
A. They involve injury to a person or property.
B. They demonstrate a breach of duty.
C. They show that a product is flawed.
D. They show that the defendant was at fault.
Answers
The common factor between intentional torts, negligence, and strict liability is that D. They show that the defendant was at fault.
What do the above have in common?Intentional torts refer to when a person commits a wrongful action on purpose while negligence refers to a failure to uphold one's duty.
Strict liability is when a person is liable for committing what they are accused of.
In all these cases, the defendant is at fault which means that the best option is therefore option D.
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A service fee charged by the bank would fall under which account?
O A. cash
O B. expense
C. revenue
D. receivable
SUOME
Answers
Answer:
B. expense
Explanation:
This is an administrative expense which reports the fees incurred by a company for the expenses associated with its checking account transactions.
How does SEO impact the way that marketers write their ads?
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Answer:
It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users
Search Engine Optimization is technically used as a marketing tool rather than marketing itself. It enhances the marketing scopes and magnifies the reach for a particular brand by attracting an increasing number of potential users. SEO basically optimizes a web page and makes it more engaging for the end-users.
As more and more firms around the world tighten their corporate governance mechanisms by setting up boards of directors made up of insiders, outsiders, and related outsiders, what will be the most likely effect on these firms' ethical standards and behavior
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The most likely effect is that it will most likely deter unethical behavior among top-level managers.
What is Ethics?This refers to the moral principles that guide an individual's behavior and conduct of activity.
Hence, we can see that based on the creation of a board of directions that tightens up corporate governance mechanisms, there would be stronger boundaries that will deter unethical behavior among top-level managers.
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Assume there are six companies in a certain industry. Four companies have $10 sales apiece, while two companies have $5 sales each. What is the industry's four-firm concentration ratio?
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Answer:
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. a. What is the industry's four firm concentration ratio? b. What is the industry's Herfindahl-Hirschman index? c. Is this industry highly concentrated? Explain.
Explanation:
The Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. What is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
Assuming the Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. Its sustainable growth rate is:8.84%.
First step
b=1-payout ratio
b = 1 - .44
b = .56
Second step
Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]
Sustainable growth rate = [.145(.56)] / [1 - .145(.56)]
Sustainable growth rate=0.0812/(1-0.0812)
Sustainable growth rate=0.0812/0.9188
Sustainable growth rate=0.0884×100
Sustainable growth rate=8.84%
Inconclusion Its sustainable growth rate is:8.84%.
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Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $165,300 a year. The project will require new equipment costing $583,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of$171,000 at the end of the project. The project requires an initial investment of $39,500 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the project's IRR?
Answers
Based on the cashflow from the investment per year, the initial investment, and the working capital, the project's IRR will be 18.48%.
What is the project IRR?First find the After-tax salvage value:
= 171,000 x ( 1 - 40%)
= $102,600
Year 1 cashflow:
= -583,000 - 39,500 working capital
= -$622,500
Year 6 cashflow:
= Working capital + Project cashflow + After-tax salvage value
= 39,500 + 165,300 + 102,600
= $307,400
Using a Spreadsheet, the IRR is:
= 18.48%.
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Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds currently sell for 94 percent of par value, what is the annual YTM
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The annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
Given data
Coupon rate (CR) = 5.4%
Current price (B0) = 94%
Assuming maturity value (MV) = 100%
Years to maturity (n) = 15.
What is the Annual YTM?YTM = CR + ((MV − B0)/n) / ((MV + B0)/2)
YTM = 5.4% + (100% - 94%)/15) / (100% + 94%)/2)
YTM = 0.054 + (-0.03866666666) / 0.97
YTM = 0.01533333334 / 0.97
YTM = 0.015333 * 2
YTM = 0.030666
YTM = 3.07%
In conclusion, the annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
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Answer the following question using this order book: Order Book Example Buy Orders (Bids) Sell Orders (Asks) Amount Price Amount Price 63 $42.15 3 $42.16 36 $42.12 68 $42.22 112 $41.99 113 $42.25 3 $41.88 9 $42.44 What is the spread for this security after an investor submits a sell order for 185 shares at $41.87
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The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) $0.38.
What is the spread?The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.
Data and Calculations:Buy Orders (Bids) Sell Orders (Asks)
Amount Price Amount Price
63 $42.15 3 $42.16
36 $42.12 68 $42.22
112 $41.99 113 $42.25
3 $41.88 9 $42.44
Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)
Answer Options:a.) 0.01
b.) 0.29
c.) 0.38
d.) 0.17
Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) $0.38.
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Monique owns a building that she leases to an individual who operates a grocery store. Rent income is $10,000, and rental expenses are $6,000. On what Form 1040 schedule or schedules are the income and expenses reported
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If the building is lease to a person who owns a grocery store. The Form 1040 schedule that the income and expenses are reported is: Schedule E.
What is Schedule E?
Schedule E can be defined as the type of form that is used to record or report income and expenses that has to do with rental.
Based on the informatioin given both the rent income and rent expenses will be reported under schedule E.
Inconclusion the income and expenses are reported in Schedule E.
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The purchase of which of the following gives the buyer part ownership of a company?
A
stock
B
bond
C
futures contract
D
treasury bill
Answers
Answer:
A -- Stock
Explanation:
Say an investor buys stock they are buying a percentage of ownership in that company.
Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!
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The Correct choice is A. Stock
In business, many companies divides its net worth into stocks, and people who owns the stocks get part ownership of that company
A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
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Answer:
40%
Explanation: 720,000/1,800,000 = .4 x 100 = 40%
health insurance is designed to cover
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Explanation:
What is brainly and who started the company ?
Answers
Answer:
good luck to your modules
Which of the following is not a barrier to entry in a monopolized market
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The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.
What is a monopolized market?A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.
On this note, the choice which is not a barrier to entry in such market is; A large single firm.
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Which of the following is an example of versatility?
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Answer:
changing the sleeves to use less fabric after finding the order is short
Other revenues and gains $171,410 Other expenses and losses $126,060 Income from operations 186,073 Income before income tax?
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Answer:
if you multiply it you can get ans
who is me are you ok.
Answers
Answer:
I am ok, and you are a human being. Or are you...?
What differences would you expect to see between the kinds of influence currencies that a project manager in a functional matrix would use and the influence a project manager of a dedicated project team would use
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Project manager in a functional matrix had more lesser influence over one in a dedicated project team because:
the dedicated team allows a formal authority over the participantsthe dedicated team offers a greater access to influence currencies than the project manager in a functional matrix.Who is a Project manager?A Project manager is a manager with the responsibiltiy of planning, organizing and directing the completion of specific projects for such organization.
In conclusion, in a functional matrix, the manager sdoes compensate for their lack of formal authority by exercising informal influence through the use of relationships and personal currencies.
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Basecamp is based in Chicago, Illinois. According to the laws of the state of Illinois, employers and employees have the right to end an employment relationship at any time and for any reason, with or without advance notice to the other. In other words, Basecamp is headquartered in: a
Answers
If the laws that are existent in the state of Chicago gives the right to end an employment relationship at any time, then Basecamp is headquartered at an employment at will state.
What is an employment at will state?This is a term that is used to refer to the states where people can terminate contracts at any time that they want.
The employer can decide to terminate that of the worker when he wants to. The worker on the other hand may decide to call it quits whenever they want to. The only reason that this cannot stand is illegality.
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XYZ is evaluating a project that would require the purchase of a piece of equipment for $580,000 today. During year 1, the project is expected to have relevant revenue of $756,000, relevant costs of $199,000, and relevant depreciation of $136,000. XYZ would need to borrow $580,000 today to pay for the equipment and would need to make an interest payment of $30,000 to the bank in 1 year. Relevant net income for the project in year 1 is expected to be $322,000. What is the tax rate expected to be in year 1
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The expected tax rate in Year 1 for XYZ Corporation for its project under evaluation, requiring the purchase of equipment for $580,000, is B) A rate equal to or greater than 5.00% but less than 14.00%.
What is the corporate tax rate?The corporate tax rate in the United States is 21%. This is the proportion of the corporate taxable income that determines the tax liability.
However, based on the allowable expenses, including qualified interests that XYZ would pay for the purchase of the equipment, its effective tax rate may be reduced to between 5% and 14% because of tax-allowed deductions.
Answer Options:A) A rate less than 5.00% or a rate equal to or greater than 41.00%.
B) A rate equal to or greater than 5.00% but less than 14.00%.
C) A rate equal to or greater than 14.00% but less than 23.00%.
D) A rate equal to or greater than 23.00% but less than 32.00%.
E) A rate equal to or greater than 32.00% but less than 41.00%.
Thus, the expected tax rate in year 1 is B) A rate equal to or greater than 5.00% but less than 14.00%.
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A role in public relations for a company might deal with which of the following?
A: Advertising creation
B: Financial support
C: Building maintenance
D: Political agendas
Answers
Answer:
heres the answer
Explanation:
Public relations professionals present the face of an organization usually to articulate its objectives and official views on issues of relevance, primarily to the media. Public relations activity contributes to the way an organization is perceived by influencing the media and maintaining relationships with stakeholders.
2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
Answers
When a tactics is harmful causing various harms to human health or posing threat it should not be supported.
What are Harmful tactics?They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.
This actions are harmful and the results are usually detrimental.
Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.
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