Answers
Answer:
Expected value of these outcomes is $368
Explanation:
Expected value is the weighted average value of random variable. It is the sum of all the probable outcome.
Expected value can be calculated as follow
Outcomes ________ Probabilities _________ Expected values
$210 _______________ 20% ________________ $42
$340 _______________ 50% ________________ $170
$520 _______________ 30% ________________ $156
Total ____________________________________ $368
Related Questions
What enables a oligopoly to form within a market
Answers
It would be too costly to launch a competing business To establish Oligopoly in the market.
What is a market?
The entire number of buyers and sellers in the area or region under consideration is referred to as the market.
A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact.
The market share of the major companies is calculated using the concentration ratio.
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7. Explain the importance of having sufficient 'working capital for his business to survive
and grow.
Answers
so that the business does not have to borrow money or take loans from banks
N 1: BUSINESS SECTORS Complete the table by referring to the companies/ profession and classify each under the correct business sector. Khulamini farming, Makwakwa Attorneys. Cape Timber & Mo Shoprite, Anglo platinum, Eskom. Thanda Construction (Pty) L PRIMARY SECTOR SECONDARY SECTOR TERTIARY SEC Advise businesses on the purpose (importance) of the private sector
Answers
Makwakwa Attorneys SECONDARY
Cape Timber & Mo SECONDARY
Shoprite SECONDARY
Anglo platinum SECONDARY
Eskom SECONDARY
What is the purpose and importance of the private sector?The private sector plays a crucial role in the economy by driving innovation, creating jobs and contributing to economic growth. It encompasses businesses and organizations that are privately owned and operated, rather than being under government control.
The private sector includes various industries such as agriculture, manufacturing, services, finance and more. Its purpose is to generate profit and provide goods and services to meet the demands of consumers. By operating independently, the private sector promotes competition, efficiency and entrepreneurship leading to economic development and increased prosperity.
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The short-run aggregate supply curve will decrease if:
Answers
Hi there!
The short-run aggregate supply curve can shift left (decrease) as a result of:
Increases in Input or Commodity Costs:
- Ex 1: If nominal wages increase, businesses will have to pay workers greater amounts of money, meaning that employing workers is more expensive.
- Ex 2: If the price of commodities go up (such as steel, oil, etc.), businesses will have to pay more to produce goods, decreasing supply.
Increase in government regulations:
- Ex 1: If government regulations are increased for limiting fossil fuel usage, many industries will experience a decrease in productivity, shifting the supply curve left.
Increase in business taxes:
- Ex 1: If the government increases taxes on businesses, businesses will have to divert money that could have been spent on materials, labor, etc. and pay government taxes. This results in a decrease in aggregate supply.
There are many other reasons for the SRAS curve to shift, but these are some of the main ones.
ELIMINATE UNNECESSARY COSTS
Answers
You can eliminate unnecessary costs in business by some ways such as :
Identify and prioritize expensesReview vendor contractsStreamline processesHow to eliminate unnecessary costs ?Begin by scrutinizing your expenses to distinguish the essential ones for running your business from those that are not. Make sure to prioritize necessary expenditures and explore means of reducing outlays on pointless items.
Evaluate your legal agreements with merchants and providers, maximizing efforts to secure optimal deals. You could either examine more agreeable terminologies or opt for more economical suppliers.
Request ways of simplifying your company procedures in order to diminish expenditure on hours spent and resources utilized. Ponder using efficient automated systems or arranging outsourcing activities whilst cross-training team members across different positions.
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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Answers
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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A population of unknown shape has a mean of 75. You select a sample of 20. The standard deviation of the sample is 5. Compute the probability the sample mean is: a. Between 76 and 77. (0.5 Points) b. Greater than 77. (0.5 Points)
Answers
Answer: a. 0.1500 b. 0.0367
Explanation:
Let X is a random variable with a distribution that may be known or unknown:
\(\mu_x\) = the mean of X
\(\sigma_x\) = the standard deviation of X
If we draw random samples of size n, then the random samples contains sample means \(\overline{X}\), tends to be normally distributed
\(\overline{X}\sim N(\mu_x,\dfrac{\sigma_x}{\sqrt{n}})\)
Here, \(\mu_x\) = 75
\(\sigma_x\) =5
n=20
a.
\(P(76<\overline{X}<77)=P(\dfrac{76-75}{\dfrac{5}{\sqrt{20}}}<\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}<\dfrac{77-75}{\dfrac{5}{\sqrt{20}}})\\\\=P(0.89<Z<1.79) \ \ [z=\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}]\\\\=P(z<1.79)-P(z<0.89)\\\\=0.963273-0.813267=0.150006\approx0.1500\)
b.
\(P(\overline{X}>77)=P(\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}>\dfrac{77-75}{\dfrac{5}{\sqrt{20}}})\\\\=P(Z>1.79) \ \ [z=\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}]\\\\=1-P(z<1.79)\\\\=1-0.963273=0.036727\approx0.0367\)
What is a family brand?
O A. A brand used during the maturity stage of the product life cycle
O B. A brand for children's producto
O C. A brand for the products in one or more product lines
O D. Goods purchased for use by a family
SUBMIT
Answers
Answer:
The correct answer is c
The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit? Check all that apply.
an increase in the cost of farm equipment
a rise in demand for organic produce
an increase in customers at the market
a change in the market price for non-organic fruit
a sale on organic meats at the market
(answer is abc)
Answers
Answer:
an increase in the cost of farm equipment
Explanation:
With the Davis family continuously growing and selling vegetables they would need to repair or get new equipment
Answer:
a b c
Explanation:
SunRay Foundation, a corporation owned and managed by volunteers, supplies medicines and vaccines to impoverished people in Asia and Africa. Its focus is not on earning a surplus but on serving the community. SunRay Foundation is an example of
Answers
Answer:
" Nonprofit corporation" is the right solution.
Explanation:
A non-profit corporation would be an organization constructed again for benefit of the community better, for compassionate or some other kind of government service primary motivations, instead of just merely to generate a financial gain on its own, as when the customer requested to be doing. The strongest reason for utilizing the whole degree of formal entity is that everything is responsible for claim federal and state taxes on just about any earnings the corporate entity receives, with exception of for corporate entities.Which secondary effect of advertising refers to a change in the customer’s opinion of the product over a period of time?
Answers
In which type of bailment does the bailee have the highest
standard of care?
A. Bailment for benefit of consideration
B. Bailments for the benefit of bailor and bailee
O C. Bailment for the sole benefit of the bailor
O D. Bailments for the sole benefit of the bailee
Answers
Answer:
D. Bailments for the sole benefit of the bailee.
Explanation:
i got it right:)
At the end of the year, a company has a balance in Allowance for Uncollectible Accounts of $2,500 (debit) before any year-end adjustment. The balance of Accounts Receivable is $179,000. The company estimates that 6% of accounts receivable will not be collected over the next year.
Record the adjustment for uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Answers
Answer:
go on mathaway and scan the question it will solve it for you really easy
What are the advantages of electronic communication
Answers
Answer:
IT HEPLS TO SOLVE ECONOMIC PROBLEMS ABOUT TRADITIONAL SUPERSTATION
Answer:
1. It is cheap
2. Ease of access and long term storage
3. Mobility in information transfer
4. Speedy communication
Explanation:
1. Communication over electronic media is very cheap and economical. Messaging via mobile devices can be done at little or no cost. Very important and urgent information can be disseminated through text or phone calls. This eliminates the cost of transportation.
2. You can save any information you receive or send easily for retrieval in future. The user can choose to store the messages temporarily or permanently. He can decide to print or store in files or hard disks.
3.Electronics communication involves the use of mobile devices such as phones, laptops and tablets for communication. You can carry these devices around easily, hence the portability in information and messaging.It makes it possible for people to stay in touch with their colleagues, friends and family anywhere and anytime.This channel of communication is a very big booster in the productivity of people who work online. They can do their jobs anywhere even when they are on vacation, inside the train, on a bus and anywhere you can think of.
4.Electronic communication is very fast. It offers users the opportunity to message and share information, multimedia messages and other information files within a blink.Instant messaging is very beneficial as people can now get information on the go.The quickness of important information can save lives and properties. Electronic Communication is very useful in security. You can use it as a means to create awareness about danger and people will be on the know within a matter of seconds.
What are three possible problems that could be causing the Internet connection issue?
Answers
The three possible problems that could be causing the Internet connection issue is
Network Hardware IssuesService DisruptionConfiguration IssuesThe internet connection may be interrupted by hardware issues on the network. This can involve broken network cables, modems, or routers. Intermittent or poor connectivity may be caused by malfunctioning or obsolete equipment.
There could be a service Disruption or outage for your local internet service provider (ISP). This can be because of upkeep, technological difficulties, or infrastructural challenges.
Internet access can be affected by problems with program settings, network arrangements, or incompatible applications. This may entail obsolete network drivers, incorrectly configured network settings, or issues with a firewall or antivirus software.
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Jane wrote a check for $10, but was so careless and negligent that it was easy to alter. She gave this check to Ben, who changed the check to read $1,000. The alteration was pretty obvious to anyone who saw the check, but when he cashed the check at Jane’s bank, they deducted $1,000 from Jane’s account. If Jane sued the bank for the loss, would she be able to recover? If so, how much could she recover, and how would that be determined?
Answers
Answer: Yes, she will be able to recover her full loss.
Explanation:
The following expenditures relating to plant assets were made by Glenn Company during the first 2 months of 2022. (b) Indicate the account title to which each expenditure should be debited. 1. Paid $7,000 of accrued taxes at the time the plant site was acquired. 2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on a new delivery truck. 4. Paid $21,000 for parking lots and driveways on the new plant site. 5. Paid $250 to have the company name and slogan painted on the new delivery truck. 6. Paid $8,000 for installation of new factory machinery. 7. Paid $900 for a 1-year accident insurance policy on the new delivery truck. 8. Paid $75 motor vehicle license fee on the new truck.
Answers
Paid $7,000 of accrued taxes at the time the plant site was acquired is Land.
What is Accrued Taxes?
Accrued taxes, whether they are taxes on the company's earned revenue or taxes on the value of any property the company owns, are simply taxes that have been assessed against a company but have not yet been paid.
1 Paid $7,000 of accrued taxes at the time the plant site was acquired. Land
2 Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit Equipment
3 Paid $850 sales taxes on a new delivery truck Equipment
4 Paid $21,000 for parking lots and driveways on the new plant site Land Improvement
5 Paid $250 to have the company name and slogan painted on the new delivery truck Equipment
6 Paid $8,000 for installation of new factory machinery Equipment
7 Paid $900 for a 2-year accident insurance policy on the new delivery truck Prepaid Insurance
8 Paid $75 motor vehicle license fee on the new truck License Expense
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Zisk Co. purchases raw materials on account Budgeted purchase amounts are April, $80,000, May, $110,000, and June, $120,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $22,000. Prepare a schedule of budgeted cash payments for April, May, and June. (I need ending accounts payable)
Answers
Answer:
A schedule of cash payments for April, May, and June is prepared.
Explanation:
The following image shows the calculation and explanation of the cash payment schedule.
Which of the following are pre-award considerations that impact post-award subcontracting compliance management?
Answers
The options that are pre-award considerations that impact post-award subcontracting compliance management are:
1)Will advance notification and consent to subcontract be required?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
Why is subcontract management important?Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.
The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.
Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.
Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.
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See full question below
Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)
1)Will advance notification and consent to subcontract be required?
2) Will the prime contractor be required to attend the post-award orientation conference?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Top hedge fund manager Sally Buffit believes that a stock with the same market risk as the S&P 500 will sell at year-end at a price of $49. The stock will pay a dividend at year-end of $3.00. Assume that risk-free Treasury securities currently offer an interest rate of 2.1%. Average rates of return on Treasury bills, government bonds, and common stocks, 1900–2017 (figures in percent per year) are as follows. Portfolio Average Annual Rate of Return (%) Average Premium (Extra return versus Treasury bills) (%) Treasury bills 3.8 Treasury bonds 5.3 1.5 Common stocks 11.5 7.7
Answers
Answer:
a. 9.80%
b. $47.36
Explanation:
a. Discount rate
Discount rate on stock = Risk free rate + Average risk premium on stock
= 2.1% + 7.7%
= 9.80%
b. The price today will be the present value of the stock given the future price and the expected dividends.
= (Future price + dividends) / ( 1 + rate) ^ No. of periods
= (49 + 3) / (1 + 9.8%)
= 52 / 1.098
= $47.36
... is a systematic and planned introduction of employees to their jobs, their co-workers and the
organisation.
a. Job evaluation
b. Investiture orientation
c. Orientation
d. Placement
Answers
Answer:
c. orientation
Explanation:
The word orientation means finding out where something is supposed to be, and job orientation tells an employee everything important about their job,
Which of the following is a sign that you have a budget deficit?
Answers
When liabilities outweigh assets, imports outweigh exports, or expenses over revenues, a deficit results. The national debt is increased by federal budget deficits. Government spending and tax policies are used by fiscal policy to affect macroeconomic factors such as inflation, employment, and total demand.
What are liabilities?The term "liability" can refer to both being held accountable for something as well as owing someone money or services. A homeowner's tax liability, for instance, may be determined by how much in property taxes he must pay to the city or in income taxes to the federal government. Financial accounting defines liabilities as the obligations a company has to its customers. Money owing to suppliers, or accounts payable, is a typical liability for small firms. On a company's balance sheet, a typical financial statement produced by financial accounting software, you can see liabilities.
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Research suggests that the nominal group technique typically produces better decisions than the devil's advocacy and dialectical inquiry approaches.
a. True
b. False
Answers
Research suggests that the nominal group technique typically produces better decisions than the devil's advocacy and dialectical inquiry approaches: False
It is the responsibility of that person or group to scrutinize the arguments put out in order to identify underlying premises, to press speakers to elaborate, and to make explicit any obscure issues.
The devil's advocacy decision-making strategy allows a group member to take the position of the decision's critic. This strategy for making decisions lowers the likelihood of groupthink and raises the likelihood of a wise choice. Additionally, it assists businesses in avoiding costly, dangerous choices.
The dialectical inquiry approach employs creative conflict to aid in identifying and challenging presumptions in order to change decision-makers' perceptions. Typically, the dialectical process concentrates on differences that are resolved by agreement, or the debate really changes in that direction.
The devil's advocacy decision-making strategy allows a group member to take the position of the decision's critic. This strategy for making decisions lowers the likelihood of groupthink and raises the likelihood of a wise choice. Additionally, it assists businesses in avoiding costly, dangerous choices.
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4. During a slow business period, an associate sees a new hire having trouble answering a customer's questions. The customer is ready to leave. What should the
associate do?
O A. Step in and say, "Here, let me help," then ring the sale
OB. Approach them and ask, "Can I help answer any questions?
OC. Alert the manager that the new hire needs help
D. Watch without interrupting and advise the new hire after the customer leaves
Answers
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.
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Seaside County collects property taxes levied within its boundaries and receives a 1% fee for administering these collections on behalf of the municipalitieslocated in the county. In the year, Seaside collected $1,000,000 for its municipalities and remitted $990,000 to them after deducting fees of $10,000. In theinitial recording of the 1% fee, Seaside's custodial fund should credit
A Fund balance-agency fund, $10,000.
B Fees earned-agency fund, $10,000.
C Due to Seaside County general fund, $10,000.
D Revenues control, $10,000.
Answers
The correct answer is (B), Seaside's custodial fund should record the 1% charge initially with a credit. $10,000 in agency fund fees earned.
What does funds mean in business?A fund is a collection of funds put aside for a certain objective. To produce returns for its investors, funds frequently invest and use expert management. Retirement funds, insurance funds, foundations, & endowments are a few examples of prevalent sorts of funds.
Is fund a cash?While funds are a liability that may or may not be current, cash is indeed a current asset. Cash simply refers to money in its physical form, whereas funds include cash, credit, checks, kind, etc. The fund uses a more extensive strategy than cash.
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Universal Corp. sold a used piece.. Universal Corp. sold a used piece of machinery for S11,000 that it hed purchased for $15,000. At the time of the sale, sccumulated depreciation relating to the machinery wes $6,000 As a result of this sale O assets increase by Stt.ooo O revenues increase by $2.000 O net income increases by $2.000 O assets decrease by $4000 al Corp sold a used piece 6 7 9
Answers
As a result of the sale of used piece by Universal Corp., their total Net income increases by an amount of $2,000. Therefore, the option C holds true.
The net income can be referred to or considered as the total amount of income disposable in the hands of an organization. This net income represents the difference between the gross income and the organizational expenses being incurred out of the gross income. The net income increases when an asset is being sold by the firm.
Increase in Net Income = Machinery + Depreciation – Sales Value
Increase in Net Income = 11000+ 6000 – 15000
Increase in Net Income = 2000
Therefore, the net income increases by $2,000.
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can I have free account please
Answers
Answer:
what kind of account?
i will give you don't worry
What’s the best way to find the load capacity of a crane?
Answers
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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