The payment system that rewards workers for each item that they produce or sell is known as piece-rate pay. In this system, the employee is paid a certain amount for every piece of work or product that they produce, rather than being paid a fixed salary or hourly wage.
Piece-rate pay is commonly used in industries that involve manual labor, such as manufacturing and agriculture, where workers are paid based on the quantity of goods they produce. This payment system can be advantageous for both the employer and the employee. For the employer, it provides a way to incentivize workers to increase their productivity, which can result in increased profits for the company. For the employee, it offers the opportunity to earn more money by working harder or more efficiently.
\However, piece-rate pay can also have some drawbacks. Workers may feel pressured to produce more items at the expense of quality, and may be more prone to work-related injuries due to the faster pace of work. Additionally, some workers may not be able to produce as much as others due to physical limitations or other factors, which can lead to feelings of unfairness or inequality.
Overall, piece-rate pay can be an effective payment system for some industries and workers, but it is important to weigh the benefits and drawbacks carefully before implementing it. Employers should also ensure that workers are fairly compensated for their work, regardless of the payment system used.
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if the temperature of 100g of water increases from 10 to 45 °C, how much heat is absorbed? ( Specific heat of water = 4.184 j?/g °C)
its science btw
Answer:
62.76 Joules
Explanation:
By using the equation:
Q=mcΔT
Q is the energy input in joules.
m is the mass in grams/ kg.
c is the specific heat capacity, which can be given Joules per kg or Joules per gram per kelvin/Celcius. One must be observant if it is given in joules per kg per kelvin/Celcius, kilojoules per kg per kelvin/Celcius etc. Anyhow, In this case we take it as joule per gram.
ΔT is the temperature change ( in Kelvin or Celcius )
Hence :
Q=mcΔT
Q=(5×4.184×3)
Q=62.76J
What things might limit the supply in this situation?
Price, the number of providers, the level of technology, government subsidies, climatic conditions, and the availability of labor to create the commodity are some of the variables that will affect supply.
What are the limitation of supply?Even though the price level is extremely low, the seller will attempt to sell more if he anticipates that the price of the commodity would decline in the near future. On the other hand, even if the price level is high, the seller will not make any more sales if he anticipates a future increase in the price of the product. It goes against supply-side economics.
Demand and supply analysis in the economy has its limitations. For instance, the study makes the assumption that other economic parameters will remain constant. Furthermore, it suggests that the demand and supply analysis cannot be applied to the economy if the variables are not constant.
Thus, Price, the number of providers, the level of technology, government subsidies are some of the variables that will impact supply.
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2) Suppose the management asked you to evaluate the prospect of introducing the internet of things (IoT) and blockchain to the existing supply chain model. Considering every pros and con in the context of a socio-economic aspect of Bangladesh, present your idea regarding whether to adopt IoT, blockchain or not.
Careful planning, investment in technology infrastructure, and comprehensive training programs will be essential to reap the benefits of IoT and blockchain in Bangladesh's socio-economic context.
Introducing the Internet of Things (IoT) and blockchain to the existing supply chain model in Bangladesh holds significant potential for socio-economic development. The adoption of IoT can enhance efficiency, transparency, and data-driven decision-making, leading to improved productivity and reduced costs. Similarly, implementing blockchain technology can enhance security, trust, and accountability in the supply chain, mitigating issues like counterfeit products and ensuring fair trade. However, the adoption of IoT and blockchain should be approached with caution, considering factors such as infrastructure limitations, skill gaps, and cost considerations. Careful planning, investment in technology infrastructure, and comprehensive training programs will be essential to reap the benefits of IoT and blockchain in Bangladesh's socio-economic context.
Introducing IoT and blockchain in Bangladesh's supply chain model can bring numerous advantages. The IoT can enable real-time tracking and monitoring of goods, optimizing logistics and reducing delays. It can also provide valuable data insights for demand forecasting and inventory management, leading to better resource allocation and minimized wastage. Furthermore, the IoT can facilitate improved quality control measures, ensuring product authenticity and compliance with standards. These enhancements can result in increased productivity, reduced costs, and improved customer satisfaction.
Similarly, blockchain technology can address the issue of trust and transparency in the supply chain. By creating an immutable and decentralized ledger, blockchain can enable secure and tamper-proof record-keeping of transactions and product information. This can help combat counterfeiting and ensure fair trade, which is particularly relevant for sectors like textiles and garments where Bangladesh has a significant presence. Moreover, blockchain-based smart contracts can automate processes, streamline transactions, and eliminate intermediaries, reducing costs and enhancing efficiency.
However, several factors need to be considered before adopting IoT and blockchain in Bangladesh. Infrastructure limitations, such as inadequate internet connectivity and power supply, can pose challenges for widespread implementation. Additionally, there may be skill gaps and a need for comprehensive training programs to ensure the effective utilization of IoT and blockchain technologies. Cost considerations, including initial investments and ongoing maintenance, must be carefully evaluated to assess the feasibility of implementation.
To successfully adopt IoT and blockchain in the supply chain model, Bangladesh should prioritize investing in technology infrastructure, improving internet connectivity, and addressing power supply issues. Collaboration between the government, industry players, and educational institutions can help develop the necessary skills and expertise. Additionally, pilot projects can be initiated in specific sectors or regions to assess the potential impact and address any challenges before scaling up.
In conclusion, the adoption of IoT and blockchain in Bangladesh's supply chain model holds great promise for socio-economic development. While the benefits in terms of efficiency, transparency, and security are significant, careful planning, investment, and capacity-building efforts are essential to overcome infrastructure limitations, skill gaps, and cost considerations. By addressing these challenges, Bangladesh can harness the potential of IoT and blockchain technologies to drive growth, competitiveness, and inclusivity in its supply chain ecosystem.
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Lena is a salesperson. As part of negotiation with her prospect during the sales process, Lena finds out what other competitors' products or services the prospect is considering. Thus, she gains insight into what the prospect is looking for and willing to pay. In this scenario, Lena is most likely in the _____ phase of negotiation.
Lena is most likely in the Investigative phase of negotiation.
In business, negotiation refers to the strategic discussion that takes place between the potential buyer and sellers who are trying to reach an agreement which favors both party.
The phase of Negotiation includes;
The investigation phase is the phase whereby both party are deciding the best price for themselves.The phase of determining the Best Alternative to a Negotiated Agreement (BANA)The presentation phaseThe bargaining phase is the phase of stating price from both partyThe closure phase.is the phase where conclusion have been reached.Therefore, in this case, Lena is most likely in the Investigative phase of negotiation.
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f a participating provider submits a claim in excess of the maximum allowed in the fee schedule, the provider a. Can bill MCO for the balance b. Can bill the member c. Agrees not to collect the difference from either the MCO or member C d. Agrees not to collect until the member pays the deductible QUESTION 10 Marketing is the same as sales. True O False QUESTION 11 Unused funds in an HRA or HSA may over for use in future years, though certain rules and limitations apply a. Deplete Oc. Roll d. Tax QUESTION 12 The claims function routinely determine whether the member actually had benefits at the time the claim was incurred, the extent of and under what circumstance a benefit does or does not apply , Deductions O c. Deductible O d. Capitation
10: Marketing is the same as sales. False.
11: Unused funds in an HRA or HSA may roll over for use in future years, though certain rules and limitations apply. Roll.
12: The claims function routinely determines whether the member actually had benefits at the time the claim was incurred, the extent of and under what circumstance a benefit does or does not apply. Deductible.
10: Marketing is the same as sales. False.
Marketing and sales are related but distinct activities. Marketing involves various strategies and actions to promote a product or service, including market research, advertising, branding, and creating awareness. Sales, on the other hand, focuses on the actual process of selling the product or service to customers and closing deals. While marketing activities often support sales efforts, they are not synonymous.
11: Unused funds in an HRA or HSA may roll over for use in future years, though certain rules and limitations apply. Roll.
Health Reimbursement Arrangements (HRA) and Health Savings Accounts (HSA) are both types of accounts used to set aside pre-tax funds for qualified medical expenses. In some cases, if funds are not fully utilized in a particular year, they may be allowed to roll over or carry forward for use in future years. However, specific rules and limitations, such as contribution limits and eligibility criteria, apply to ensure compliance with tax regulations and the terms of the account.
12: The claims function routinely determines whether the member actually had benefits at the time the claim was incurred, the extent of and under what circumstance a benefit does or does not apply. Deductible.
The claims function in healthcare insurance involves evaluating and processing claims submitted by providers for reimbursement of medical services provided to members. As part of this process, the claims function verifies whether the member had active benefits coverage at the time the claim was incurred. It also assesses the extent of the benefit coverage and determines under what circumstances a benefit does or does not apply. The term "deductible" refers to the amount that the member must pay out of pocket before the insurance coverage kicks in.
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Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years after taking out the loan. If the loan has an interest rate of 6. 8%, compounded monthly, and Gertrude makes monthly payments, how much interest will she pay by the time the loan is repaid? Round all dollar values to the nearest cent. A. $4,462. 40 b. $1,213. 28 c. $1,713. 69 d. $2,094. 80.
The interest is the amount of payment that is given by the borrower to the lender of money, it is the excess amount that is paid for the use of money.
The amount of interest that Gertrude would pay is $2,908 to repay the total amount of the loan.
What is interest?Interest is the monetary charge for acquiring money, and it is mostly shown as a percentage, such as an annual percentage rate (APR).
Interest is the excess amount that is paid by the lender to use his money on a certain percentage, and it is repaid with the amount of principal.
Computation of Interest:
Given that,
Principal(P) = $5,550,
Interest Rate(i) = 6.8%,
\(\text{i} = \dfrac{6.8}{12\times100}\\\\\text{i} =0.005667\)
Number of monthly Installments(n)= 10×12 = 120.
Here, we apply the formula of E.M.I (Equated Monthly Installment):
\(\text{E.M.I.}= \dfrac{P\times i\times (1+i)^n}{(1+i)^n-1}\\\\\\\text{E.M.I.}=\dfrac{\$5,500\times 0.005667\times (1+0.005667)^1^2^0}{(1+0.005667)^1^2^0-1}\\\\\\\text{E.M.I.}=\$63.29\)
Here, the total installments of the loan are 120,
then the amount of total payment would be:
\(120\times\$63.29= \$7,594\)
Then, the amount of interest that is paid on the loan would be:
\(\text{Amount -Principal}= \text{Interest}\\\\\$7,594.28-\$5,500= \$2,094.28\\\\\\\text{Interest}= \$2,094.28\)
Therefore, the total amount of interest that Gertrude has to pay is $2,097.28.
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what document explains your rights and responsibilities as a federal loan borrower?
A lending document that describes the rights and responsibilities of a federal loan borrower is called a Master Promissory Note (MPN).
Who is a borrower?A borrower is a person who takes a loan for a certain period of time from the lender.
Master Promissory Note is one of a kind of note which allows a student of the US country to take an education loan. This note is used to take a loan for an academic period but only up to 10 years. It states the terms and conditions regarding the loan repayments and specifies the rights and responsibilities of a loan borrower.
Therefore, MPN, that is, Master Promissory Note is the note that details the rights and responsibilities of a federal borrower of a loan.
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70 of 500 respondents say they would visit a trampoline park. What percentage of respondents is this?.
Answer:
Should be 14%
Explanation:
70 divided by 500 is 0.14 then move the decimal.
A company transferred 150 units to finished goods and has 215 units in ending work in process inventory that are 60% complete. Using weighted-average costing, the number of equivalent units is ______.
The number of equivalent units using the weighted-average costing method is 279 units.
To calculate the number of equivalent units using the weighted-average costing method, we need to consider the units transferred to finished goods as well as the units in the ending work in process inventory. The equivalent units are calculated by multiplying the number of units by the percentage of completion for each category and then summing them up.
In this case, we have:
Units transferred to finished goods = 150 units
Units in ending work in process inventory = 215 units
Percentage of completion for ending work in process inventory = 60%
To calculate the equivalent units:
Equivalent units from units transferred to finished goods = 150 units
Equivalent units from ending work in process inventory = 215 units * 60% = 129 units
Total equivalent units = Equivalent units from units transferred + Equivalent units from ending work in process
Total equivalent units = 150 units + 129 units = 279 units
Therefore, the number of equivalent units using the weighted-average costing method is 279 units.
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what should you check if the balance of the gr/ir account is not zero at the purchase order item level on the balance sheet key date? choose the 2 correct answers
If the products were not yet delivered but were billed by key date, that should be the first thing to look for. The second phase is the Invoice Verification screen; select Maintain GR/IR account for further processing.
What is balance sheet?An organization's assets, liabilities, and shareholders ’ equity are listed on a balance sheet, which is a financial statement. It provides a snapshot of a corporation's assets and liabilities since the publication date. A balance sheet is an overview of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietor, a business partnership, a corporate entity, a private limited company, or another type of organization like the government or a not-for-profit entity.
What are the main things found on a balance sheet and write its formula?A corporation's balance sheet contains a lot of knowledge as to its operations & solvency. A balance sheet consists of three main components: assets, liabilities, and equity. A balance sheet provides you with a quick overview of the company's financial situation at any given time. A balance sheet, together with a net income as well as a cash-flow statement, can aid business leaders in assessing the financial health of their organization.
The balance sheet formula is:
The fundamental formula Assets = Liabilities + Equity serves as the foundation for the balance sheet.
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126. Strategic human resource development can be defined as the identification of essential job skills and the management of employee learning for long-range in relation to corporate strategy. True False
True.Strategic human resource development involves aligning the organization's human resource development activities with its long-term goals and objectives,
Strategic human resource development involves aligning the organization's human resource development activities with its long-term goals and objectives, and identifying and managing the essential job skills required for achieving those goals. It involves a proactive approach to employee learning and development, rather than simply responding to immediate needs. Therefore, the statement "Strategic human resource development can be defined as the identification of essential job skills and the management of employee learning for long-range in relation to corporate strategy" is true.
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Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week
Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.
How can we reduce spending?The best way to reduce spending is by spending less on things that we don't need or that we can do without.
In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.
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You are the director of corporate partnerships from an athletics department or local professional team determine what inventory is part of sponsorship agreements and how they price their sponsorship packages.
When it comes to sponsorship agreements in the field of athletics, the inventory typically includes various assets that can be utilized by the sponsor to promote their brand or products.
Some common examples of inventory in sponsorship agreements are:
1. Logo Placement: Sponsors often have their logos displayed prominently on team uniforms, stadium signage, or even on equipment used during games.
2. Digital Assets: This includes the sponsor's logo appearing on the team's website, social media channels, or in promotional emails.
3. In-Game Promotions: Sponsors may have opportunities for on-field promotions, such as halftime shows, giveaways, or naming rights for specific areas of the stadium.
4. Hospitality: Sponsors may receive VIP access to games, pre-game events, or exclusive meet-and-greet opportunities with players or coaches.
5. Advertising: Sponsors may have commercial spots during televised games or radio broadcasts.
When pricing sponsorship packages, several factors are considered, such as the level of exposure, the reach of the team or event, the demographics of the audience, and the overall marketing value. Pricing can vary widely depending on the popularity of the team, the size of the audience, and the specific assets included in the package. In conclusion, sponsorship agreements in athletics include various inventory options such as logo placement, digital assets, in-game promotions, hospitality, and advertising. Pricing is determined based on factors like exposure, reach, audience demographics, and overall marketing value.
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PLZ HELP ASAP I HAVE 5 min before it due !!! this is for Econ
Answer:
increased
Explanation:
The graph shows the equilibrium price, which is an intersection of the demand and supply curves.
Letter A depicts the supply curve, while C is the supply curve. The arrow points to the equilibrium price or the prevailing market price.
Letter B shows the demand curve has shifted to the right(outwards). The shift in the demand curve has brought about a new intersection point between the old supply curve and the new demand curve. The new intersection represents the new price. As per the graph, the new price is at a higher point than the old price, meaning a price increase.
help
Heidi is attending an interview for the position of a childcare teacher. Which considerations should she keep in mind when she dresses for the interview?
Heidi should ensure that she wears business casual clothing because she may be asked to interact with the children. She should also ensure she is wearing a lot of jewelry to attract children. Heidi should ensure that her nails are short, because she might have to play with children. She should also ensure that her shoes are not clean, because she might get them dirty while playing with the children.
She needs to get her nails cut before the interview and should dress in business casual.
What qualifications do childcare teachers need?They use daily activities and lessons to educate toddlers and young children. Students in small groups will also receive additional support from a daycare teacher. A daycare teacher will also assist students who require more one-on-one time to learn lessons. In a daycare or preschool, a child care teacher works with younger kids. They have to watch over children and get them ready for kindergarten with a set schedule of play, rest, and activities. Taking care of their fundamental needs is one of these duties. Patience, sensitivity, and organisation are necessary traits. Usually, the work is done full-time.
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shortage definition economics
In economics, a shortage occurs when the demand for a product or service exceeds its supply in the market.
In other words, a shortage occurs when there is not enough of a particular good or service available to meet the quantity demanded at a given price.
A shortage can occur for various reasons, such as natural disasters, production disruptions, or sudden changes in consumer demand. When a shortage occurs, the price of the product or service may rise as buyers compete for the limited supply. The higher price may then act as an incentive for suppliers to produce more of the product, which can eventually help to resolve the shortage.
Shortages can have significant impacts on both consumers and producers. For consumers, shortages may lead to higher prices, reduced access to goods and services, and lower levels of satisfaction. For producers, shortages may create increased demand for their products, but they may also face higher costs of production, supply chain disruptions, and other challenges.
Overall, shortages are a natural consequence of market forces and can provide valuable information about the relative scarcity of certain goods and services, as well as the dynamics of supply and demand in the economy.
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Kitts Co. buys and sells a product that has a variable cost per unit of $18. Kitts' fixed costs amount to $40,000 and a desired profit of $8,000. The product sells for $22 each. If Kitts is able to reduce fixed costs by $12,000, the number of units that must be sold to earn the desired profit will decrease by what?
If Kitts Co. is able to reduce fixed costs by $12,000, the number of units that must be sold to earn the desired profit will decrease by 3,000 units.
To calculate the number of units that must be sold to earn the desired profit before the reduction in fixed costs, we can use the following formula:
(units sold) x ($22 selling price) - (units sold) x ($18 variable cost per unit) - $40,000 fixed costs = $8,000 desired profit
Simplifying this formula, we get:
(units sold) x ($4) = $48,000
So, the number of units that must be sold to earn the desired profit before the reduction in fixed costs is 12,000 units ($48,000 ÷ $4).
If Kitts is able to reduce fixed costs by $12,000, the new fixed costs would be $28,000 ($40,000 - $12,000).
Using the same formula as before, we can calculate the new number of units that must be sold to earn the desired profit:
(Units sold) x ($22) - (units sold) x ($18) - $28,000 = $8,000
(units sold) x ($4) = $36,000
So, the new number of units that must be sold to earn the desired profit is 9,000 units ($36,000 ÷ $4).
Therefore, the number of units that must be sold to earn the desired profit will decrease by 3,000 units (12,000 units - 9,000 units) if Kitts is able to reduce fixed costs by $12,000.
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For most people, almost two-thirds of each work day is taken up by work and sleep. Please select the best answer from the choices provided T F
Answer:
True
Explanation:
For most people, almost two-thirds of each workday is taken up by work, and sleep is a true statement.
What is the statement?Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.
The term working day refers to the days in the working week, the span of (often five) days that are not the weekend, and when many people work. The word workday means the same thing as a working day
Therefore, By the above statement, for the t two-thirds of each work day is taken up by work and sleep is correct.
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4. Imagine that you use character data to program the information about the colors
and shapes that will appear in a nature scene of the app. Write an example of
character data. (3 points)
Answer: A collection of colors and forms that are frequently seen in nature may be utilized as character data to program the colors and shapes that would display in a nature scene in the app. This might be used to program the app such that it displays a list of shapes that are commonly seen in the color a user picks after selecting a color.
Subject: Accounting
PLEASEE DO ANSWER
13 On 1 April Mary had a bank overdraft of $1450. On 2 April she paid $250 cash into the bank and paid rent, $390, by cheque.
What is Mary's bank overdraft after the transactions on 2 April? Explain your answer.
A $810 B $1310 C $ 1590 D $2090
Answer:
C
Explanation:
Mary's account was negative $1450. she paid $250 in cash making her account negative $1200. when her cheque clears the bank she will be overdrawn $1590
-1450+250= (1200) -1200-390=($1590) over drawn
suppose that actual inflation is 2.5 percent, the fed's inflation target is 2 percentage points, and unemployment is 0.5 percent below the fed's unemployment target. according to the taylor rule, what value will the fed want to set for its targeted interest rate?
Based on the information given in the question and using the Taylor rule formula, the Fed's target federal funds rate would be higher than the current inflation rate of 2.5%. The exact target rate would depend on the size of the output gap, which is positive, but cannot be determined with the information given.
The Taylor rule is an equation that central banks can use to set their target interest rate based on their inflation and employment goals. The formula for the Taylor rule is:
Target federal funds rate = current inflation rate + equilibrium real federal funds rate + (0.5 x inflation gap) + (0.5 x output gap)
Where:
Equilibrium real federal funds rate is the interest rate that would prevail when the economy is at full employment and inflation is at its target rate.
Inflation gap is the difference between actual inflation and the central bank's inflation target.
Output gap is the difference between actual output (real GDP) and potential output (the level of output that would prevail if the economy were at full employment).
Using the information given in the question:
Actual inflation rate = 2.5%
Fed's inflation target = 2%
Inflation gap = 0.5%
Unemployment rate = 0.5% below the Fed's target, which suggests a positive output gap.
Assuming that the equilibrium real federal funds rate is around 0 (a common assumption), we can calculate the Fed's target federal funds rate using the Taylor rule formula:
Target federal funds rate = 2.5% + 0 + (0.5 x 0.5%) + (0.5 x positive output gap)
As there is a positive output gap of 0.5% below the Fed's target, the Fed would want to set a higher interest rate to cool down the economy and prevent inflation from rising further above its target. Therefore, the Fed's target federal funds rate would be above the current inflation rate of 2.5%, but by how much exactly would depend on the size of the output gap.
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Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
which type of business organization has the advantage of having being your own boss, but the disadvantage of unlimited personal liability?
Answer:
Entrepreneurship
Explanation:
Entrepreneurship is being your own boss
TVGuru Inc. manufactures Smart and UHD TV sets in its Kentucky plant. The company makes a profit of $400 on each Smart TV and $300 on each UHD TV set. The production process has a capacity of 30,000 machine-hours. It takes 3 machine-hours to produce a unit of Smart TV and 1 machine-hour to produce a unit of UHD TV. After a market research survey by a well-known research firm, it is concluded that no more than 8,000 Smart and 12,000 UHD TVs could be sold. a. Formulate the LP model. b. Solve this problem graphically. Do not use Excel Solver. What is the optimal product mix
Formulation of LP model: Let x1 be the number of Smart TVs produced, and x2 be the number of UHD TVs produced. Then, the objective function for the profit can be formulated as follows: Maximize profit = $400x1 + $300x2Where x1 and x2 are the number of Smart TVs and UHD TVs, respectively, produced by TV Guru Inc.
The production process has a capacity of 30,000 machine-hours, and it takes 3 machine-hours to produce a Smart TV and 1 machine-hour to produce a UHD TV. Hence, the constraint equations can be formulated as follows:3x1 + x2 ≤ 30,000The total machine-hours required to produce the Smart and UHD TVs must not exceed the total machine-hour capacity of the production process.
The demand constraints can be formulated as follows:x1 ≤ 8,000x2 ≤ 12,000The number of Smart and UHD TVs produced must not exceed the demand for these products. The non-negativity constraints can be formulated as follows:x1 ≥ 0x2 ≥ 0b.
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PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
When comparing financial institutions, price is an important factor. What is TRUE about prices in financial institutions?
A. Interest rates on CD accounts are lower than on other types of accounts.
B. Higher interest rates will give you a higher return on your money.
C. It is illegal for financial institutions to have fees attached to checking accounts.
Higher interest rates will give you a higher return on your money.
Is there an error in the following statement? If yes, explain.
“If your premium is too high, you could most likely lower it by talking to your insurance company and either raising your deductible or lowering your co-payment.”
A. No, there is not an error.
B. Yes, there is an error because raising the deductible on an insurance policy would raise the premium instead of lowering it.
C. Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it.
D. Yes, there is an error because deductibles are fixed values for each type of insurance and do not change between policies.
Answer:
Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it.
Or
No, there is not an error.
Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it, is the statement that has the error. Hence, option C is correct.
What is insurance policy?An insurance policy is a contract between the insurance establishment and the individual, business, or other entity being covered. You may ensure that your policy meets your statuses and that you and the insurance company are both aware of your trustworthinesses in the case of a loss by cautiously reviewing your policy.
Every insurance policy is divided into five sections: declarations, insuring agreements, definitions, situations, and conditions. A popular sixth section of policy is indorsements. Refer to these slices as you review the policies.
But most financial experts suggest that everyone purchase life, health, auto, and long-term disability insurance.
Thus, option C is correct.
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Which of the following is a firm effect that has an impact on the competitive advantage of a firm?
A. The exit barriers within the industry in which the firm operates
B. The number of companies operating in the industry in which the firm operates
C. The intensity of rivalry among existing companies in the firm's chosen industry
D. The value and the cost position of the firm relative to its competitors
Answer:
B The number of companies operating in the industry in which the firm operates.
recognizing marketing’s greater purpose is one of the overriding principles of___
recognizing marketing’s greater purpose is one of the overriding principles of integrated marketing communications (IMC).
What is integrated marketing communication?A comprehensive marketing strategy called integrated marketing communications (IMC) aims to connect all advertising efforts in order to communicate a unified message to customers. To achieve maximum effect and alignment with the goals of the brand, it entails integrating a number of marketing mix components, such as direct marketing, personal selling, public relations, and sales promotion.
IMC makes sure that messaging, tone, and presentation are consistent across all platforms in order to assist companies in connecting with their target audience. IMC aims to give consumers a seamless experience where all touchpoints reinforce one another, eventually fostering trust and brand loyalty.
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All of the following securities are exempt from state registration EXCEPT
A/ securities issued by a registered investment company
B. bonds issued by the Republic of Argentina
C. municipal bonds
D unsolicited orders
In regards to the terms you provided, it seems unrelated to your question. However, I can answer your question separately.
All of the following securities are exempt from state registration EXCEPT for unsolicited orders. This means that securities that are sold through unsolicited orders are required to be registered with the state, while other securities may be exempt from registration. It's important to note that this applies to state registration, as federal registration may still be required for certain securities.
As for the terms you provided, "investment" refers to the act of putting money into something with the expectation of making a profit, while "Argentina" refers to a country in South America. "Registration" may refer to the process of officially registering or documenting something, such as a security with a regulatory agency.
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All of the following securities are exempt from state registration except unsolicited orders. Option D is correct.
What are unsolicited orders?
A trade that the client started is referred to as a "unsolicited" order. It is a trade that the client made independently, without advice, prodding, or suggestions from the broker. Unlike an order placed on the agent's recommendation, this order is one that the customer places after telling the agent what he or she wishes to buy or sell.
An order that you place but that the company or your broker did not advise. That indicates that you independently developed the concept. Whatever the security, all unsolicited orders are exempt transactions.
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Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and the coupon interest rate is 10%. The Yield to Maturtty for Annual Payments bonds sell at a price of S850. What is their yield to maturity?
Answer:
approximate YTM = 12.16%.
Explanation:
the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%
An investor that purchases this bond at $850 can expect to earn a 12.16% return.