Yes, that is correct. The experience curve, also known as the learning curve or the cost-volume relationship, describes the inverse relationship between the costs of a product and the cumulative experience gained by a company in manufacturing and marketing it.
As experience increases, costs tend to decrease. The concept behind the experience curve is based on the idea that as a company gains more experience in producing a particular product, it becomes more efficient and effective in various aspects of its operations. This increased efficiency leads to cost reductions over time.
There are several reasons why costs decrease as experience increases. These include: Learning and skill improvement: With experience, employees become more proficient and efficient in their tasks, leading to higher productivity and reduced labor costs.
Process optimization: Over time, companies can refine and streamline their production processes, eliminating inefficiencies and waste, which leads to cost savings.
Economies of scale: As production volumes increase, companies can benefit from economies of scale, such as lower per-unit costs for raw materials, better bargaining power with suppliers, and more efficient utilization of resources.
Overall, the experience curve demonstrates the cost advantages that companies can gain through accumulated experience, enabling them to offer products at lower costs as they continue to grow and learn.
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What are the issues and challenges with Circuit City 2018 latest
e-commerce initiative?
As of my knowledge cutoff in September 2021, Circuit City, a once-prominent electronics retailer, experienced financial difficulties and declared bankruptcy in 2008.
There have been no recent developments or initiatives in 2018 or afterward regarding Circuit City's e-commerce initiatives. It's worth noting that my information may not be up to date, and I recommend referring to recent news sources or the official Circuit City website for the latest updates on their e-commerce initiatives and any associated issues or challenges. E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It has revolutionized the way businesses operate and how consumers shop. E-commerce offers numerous benefits, including convenience, a wide selection of products, competitive pricing, and the ability to reach a global customer base.
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You own a roofing company the roofers are replacing shingles on a house it takes 7/8 of 50 pound box of nailes to install shingles on 1/4 of the roof how many boxes of nails will the company need to install shingles on the entire roof
Answer:
3.5 boxes
Explanation:
If that is what it takes to install shingles on 1/4 of the roof then we would need to multiply this amount by 4 to find out how many boxes it would take to complete the entire roof, since 4 times 1/4 would equal 4/4 which represents the entire roof.
7/8 * 4 = 3.5 boxes of nails
Finally, after completing this calculation we can see that it would take the company 3.5 of 50 pound box of nails to complete the entire roof, that would mean a total of
3.5 * 50 = 175 pounds of nails
you learn about different tools and techniques companies use to provide consumers with information about their products and services. use what you learned to explain how technology and media affect the families make about purchasing products and services. Provide at least three examples.
Explanation:
The internet has revolutionized the relationship between companies and consumers. Currently, the majority of the population has a cell phone that impacted communication and accessibility. Therefore, companies had to adapt and build new strategies for prospecting and retaining customers through insertion in social media, using active relationship marketing that seeks to engage and generate value for their potential audience through social media, in addition to selling online. to make the experience easier for the consumer.
The online presence of companies is able to offer significant advantages to the consumer, such as a greater discount on products offered online, since companies pass on the reduction of fixed costs with a physical store to the prices offered in an online environment.
If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of interest?
Answer:
2.43 %
Explanation :
Real Interest rate = (1 + nominal rate) / (1 + inflation rate) - 1
therefore,
Real Interest rate = 1.052 / 1.027 - 1
= 2.43 %
the approximate real rate of interest is 2.43 %
What is the sampling procedure in Dianne wants to know if the new learning?
the method of sampling used in Dianne is curious about stratified sampling.
Dianne's sample strategy was stratified sampling. This technique involves breaking up vast volumes of data into smaller groups, then selecting samples from those groups to study.
Dianne has selected a sample without considering probability. When they are observed, the samples are picked at random. Dianne wants to look into the connection between new learning methods and student academic achievement.
In a stratified random sampling technique, all of the population is divided into uniform groups called strata (plural for stratum). A random sample from each stratum is collected in proportion to the size of the stratum and compared to the population. Then, these stratum subsets are combined to create a random sample.
Because it enables them to obtain a sample population that most accurately represents the total population being studied and ensures that each subgroup of interest is represented, researchers frequently utilise stratified random sampling.
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Conlon Chemicals manufactures paint thinner. Information on the work in process follows:
• Beginning inventory, 36,000 partially complete gallons.
• Transferred out, 213,000 gallons.
• Ending inventory (materials are 22 percent complete; conversion costs are 11 percent complete).
• Started this month, 236,000 gallons.
Assume that beginning inventory is 50 percent complete with respect to materials and 29 percent complete with respect to conversion costs
Required:
a. Compute the equivalent units for materials using FIFO.
equivalent units(gallons) ?
b. Compute the equivalent units for conversion costs using FIFO.
equivalent units(gallons) ?
The equivalent units(gallons) for materials using FIFO is 377,920 and equivalent units(gallons) for conversion costs using FIFO is 331,800.
How are the costs calculated?As given, Conlon Chemicals manufactures paint thinner.
The following information is given on the work in process:
• Beginning inventory, 36,000 partially complete gallons.
• Transferred out, 213,000 gallons.
• Ending inventory (materials are 22 percent complete; conversion costs are 11 percent complete).
• Started this month, 236,000 gallons. Assume that beginning inventory is 50 percent complete with respect to materials and 29 percent complete with respect to conversion costs.
The equivalent units for materials and conversion costs using FIFO are:
A) Compute the equivalent units for materials using FIFO
The equivalent units for materials using FIFO are:
Total equivalent units (materials) = Total Units completed + Ending work in process (material)
Total units completed = 36,000 (50% materials) + 213,000 + 236,000 = 326,000
Ending inventory = 22% of 236,000 = 51,920
Total equivalent units (materials) = 326,000 + 51,920 = 377,920
Therefore, equivalent units(gallons) for materials using FIFO is 377,920.
B) Compute the equivalent units for conversion costs using FIFO.
The equivalent units for conversion costs using FIFO are:
Total equivalent units (conversion costs) = Total Units completed + Ending work in process (conversion costs)
Total units completed = 36,000 (29% conversion costs) + 213,000 + 236,000 = 305,840
Ending inventory = 11% of 236,000 = 25,960
Total equivalent units (conversion costs) = 305,840 + 25,960 = 331,800
Therefore, equivalent units(gallons) for conversion costs using FIFO is 331,800.
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Which phrase best completes the diagram?
Benefits of Trade Barriers
Ensure self-reliance
Keep workers employed
?
A. Prevent retaliatory trade barriers
B. Promote domestic industries
O C. Increase economic efficiency
O D. Increase consumer choice
Answer: B
Explanation: just got it right on the quiz!!!
An appraiser estimates that a property will produce NOI of $25,000 in perpetuity, yo is 11 percent, and the constant annual growth rate in NOI is 2. 0 percent. What is the estimated property value
Answer: An appraiser estimates that a property will produce NOI of $25,000 in perpetuity, yo is 11 percent, and the constant annual growth rate in NOI is 2.0 percent. What is the estimated property value? $277,778.
Explanation:
What are the resource/capability sources of Walmart’s competitive advantage? (hint - low price is a result, not a resource nor capability)
The resource/capability sources of Walmart’s competitive advantage are "low price get attract new customers and it come achieve by the B2B organization. It combines the small businesses and retailers".
The B2B organization is the type of business to business organization of electronic commerce or we known as e-commerce. The B2B is the exchange of the products, services or the detail between the businesses rather than the business to directly consumer.
The B2B or business to business organizaton is very profitable as the businesses can make high value purchases and products for the transactions and expend more time and resources researching their value which will add on their business.
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The reason that interest rate risk is greater for ____ term bonds than for ____ term bonds is that the change in rates has a greater effect on the present value of the ____ than on the present value of the ___
The reason that interest rate risk is greater for long-term bonds than for short-term bonds is that the change in rates has a greater effect on the present value of the Par Value than on the present value of the Coupon.
What is a Long-term Bond?Long-term bonds are investments that span a maturity term of at least 10 years and up to 30 years.
They usually pay a higher interest rate than the short-term bonds which span between a year and three years.
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1.2.
State which environment unions are found in.
Recently, Darlene has found that they have begun to reach market saturation. She is having trouble finding new customers. One solution would be to increase the company's reach, perhaps by opening up locations in other areas. However, she knows this will be expensive. After noticing that many of their customers are planning on expanding and purchasing bigger facilities, Darlene feels that the best option is to increase the company's
Answer: a. share of customer
Explanation:
Share of Customer refers to the proportion of the total amount that a company gets out of money that a customer will spend in a certain category.
In other words, a company that has a greater share of customer from a particular customer will see that customer spend more of their money on them.
Share of Customer is improved by excellent working relationships with customers such that they will be loyal to you. Darlene should therefore strive for this so that their customers who are planning on more expansion will keep coming back to Darlene's company and spending more and more on them.
Assume that you are the sales manager of a soap-manufacturing company. Your supervisor has asked you to present the sales data of the various products for last quarter. You have to communicate information about the sales turnover in different zones. Which business documents will you prepare for this task and what guidelines will you follow?
Answer:
Sales data mostly contains monthly figures and will be best represented in a tabular form. I will use a word processor to create a table and enter the data corresponding to each month. To show the sales figures in different zones, I will use a bar graph. The bars in the graph will allow the audience to visualize the difference in sales figures in the different zones.
While creating the word document, I will keep the following in mind:
The report should precisely communicate only sales information.
The report should be short and brief, but also contain all the necessary information.
The report should be directed at a particular set of team members.
The report should contain visual aids to help explain the statistics.
Explanation:
plato/edmentum's sample answer
suppose that households become pessimistic and begin to cut back on their spending to build up their cash reserves. as a result, the growth rate of the falls and the shifts to the left. please choose the correct answer from the following choices, and then select the submit answer button. answer choices a.money supply; solow growth
b.curve velocity of money; solow growth c.curve velocity of money; aggregate demand curve
d.money supply; aggregate demand curve
d. money supply; aggregate demand curve
The demand for products and services declines as households become gloomy and cut back on spending, which lowers the rate of economic growth. The aggregate demand curve has shifted to the left to reflect this. The aggregate demand curve can be impacted by the money supply, which is a measure of the quantity of money in circulation throughout the economy. The right response, however, pertains to the aggregate demand curve, not the money supply or velocity of money, because in this situation the reduction in spending is the primary cause of the move to the left in the aggregate demand curve.
What is rate of economic growth?
The economic growth rate of a nation is the percentage difference in value between all commodities and services produced during a given time period and those produced earlier in the same time period. An economy's comparative health over time is calculated using its growth rate.
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why would a business ower lower the price of a product
Answer:
he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1
Explanation:
Answer: A business owner may lower the price of a product if there isn't enough demand or as a promotion. A business owner's price for their products/services should only be what consumers would pay for. If they aren't willing to pay the expensive price, they should lower it. The owner may also lower the price as part of a sale to attract customers or to get rid of the product.
I hope this helped!
Good luck <3
Food companies truly seem to be listening to customers who want healthy fast-food that is preservative, chemical, and antibiotic free. They are adjusting the
Food companies are making significant changes to meet the increasing demand for healthier fast food options. This trend is likely to continue as customers continue to prioritize their health and wellness.
Food companies are adapting to the increasing demand for healthy fast food by providing options that are free from preservatives, chemicals, and antibiotics. Customers are more health-conscious than ever before, and this has forced companies to change their product offerings to meet the demand for healthier food. Companies that have been successful in adapting to these changes have seen an increase in sales and customer loyalty. One way that food companies are adapting to this trend is by offering more plant-based options. This includes plant-based burgers, chicken substitutes, and even plant-based cheese. In addition to being healthier, these options are also better for the environment, which is another concern of many customers. Food companies are also making changes to the way they source their ingredients. They are focusing on using more locally-sourced, organic, and non-GMO ingredients. This helps to ensure that the food is of high quality and is healthier for consumers.
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HELP NOW PLEASE
how productivity is important to an economy
Answer:
Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.
Why is it important to use standard English when applying for a job?
Answer:
You use standard English when applying for a job because in the U.s, the largest spoken language is English, making the language your go-to language for applying for jobs, starting a company, etc. If you use any other language, there is a high chance that the employer will not understand and you may get rejected.
Job is termed as the situation or the circumstances when the individual works under the boss or the employer. It is the best chance for the individual to show its best performance and get appraised by the employer.
English is a widely spoken language in many parts of the world, and it is one of the most frequently spoken languages on the planet. It is an official language in 53 countries throughout the world. It is the world's most widely spoken language. As a result, a command is required for this language.
When applying for a job, you use standard English because English has been the most frequently spoken native tongue, making it your go-to language for seeking employment, owning a business, and so on.
If you speak any of the other languages, there's a good chance the employer won't understand your language and you'll be turned down.
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What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?
What is time?????????
Answer:
Time is define as the progression of events from the past to the present into the future.
explain the negative effects that will arise as a result of the management's actions that often practice favoritism in the process of hiring new employees
Answer:
When management practices favoritism in the process of hiring new employees, it can lead to negative effects on both the organization and its employees, including:
1. Decreased morale: Employees who are passed over for promotions or job opportunities due to favoritism may become demotivated and feel undervalued. This can result in decreased productivity, higher absenteeism, and even employee turnover.
2. Decreased trust: When management practices favoritism, it erodes trust among employees and between employees and management. Employees may feel that the organization is not transparent or fair in its practices, which can lead to a lack of commitment and loyalty.
3. Decreased diversity: Favoritism can lead to a lack of diversity in the workplace, as managers may favor candidates who share their same background, experiences, or opinions. This can limit the perspectives and ideas brought to the table and may negatively impact the organization's performance and growth.
4. Legal repercussions: Favoritism in the hiring process can result in legal issues for the organization, including discrimination lawsuits or complaints filed with government agencies. This can damage the organization's reputation and result in financial penalties or other legal consequences.
Explanation:
In conclusion, the negative effects of management's actions of favoritism in the process of hiring new employees can be significant, and can impact the organization's overall performance and success. It is important for management to establish fair and transparent hiring practices, which can help to ensure that all employees are valued and given equal opportunities for career advancement.
Brooks Development Corporation (BDC) faces the following capital budgeting decision. Six real estate projects are available for investment. The net present value and expenditures required for each project (in millions of dollars) are as follows:
Project 1 2 3 4 5 6
Net Present value ($Millions) $15 $5 $13 $14 $20 $9
Expedature required ($Millions) $90 $34 $81 $70 $114 $50
There are conditions that limit the investment alternatives:
• At least two of projects 1, 3, 5, and 6 must be undertaken.
• If either project 3 or 5 is undertaken, they must both be undertaken.
• Project 4 cannot be undertaken unless both projects 1 and 3 also are undertaken.
The budget for this investment period is $220 million.
a. Formulate a binary integer program that will enable BDC to find the projects to invest in to maximize net present value, while satisfying all project restrictions and not exceeding the budget
Making a capital budgeting choice! In order for me to better assist you, kindly give me with the net present value and necessary expenses for each of the six real estate projects.project (in millions of dollars) are as
Making a financial plan for a specific time period for a company or a person is the process of budgeting. It entails anticipating and allocating resources for upcoming costs while accounting for anticipated revenue, costs, and other financial commitments. Budgeting is crucial because it makes it possible to monitor an organization's financial development and guarantees that its financial resources are used wisely. It offers a framework for making decisions and aids in finding possible areas for cost-saving strategies and savings. There are many different sorts of budgets, including operational, capital, cash, and master budgets. Accurate financial information, reasonable assumptions, ongoing monitoring, and review are necessary for effective budgeting.
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Assume the initial PPC has intercepts at points F and E. What might cause the economy to produce at point G?
A. it is not possible for the economy to be at point G
B. unemployment of labor
C. an earthquake that destroys many factories
D. a fall in demand for consumer goods
The answer to the given question is option C, that is, an earthquake that destroys many factories might cause the economy to produce at point G. The Production Possibility Curve or PPC illustrates the various combinations of output that an economy can produce.
It shows the maximum quantity of goods that can be produced with the available resources and technology. It demonstrates the concept of opportunity cost, which states that producing more of one good involves sacrificing the production of another good.
Point F is the production of consumer goods (C) and no capital goods (K) and point E is the production of capital goods (K) and no consumer goods (C). Here, point G lies between F and E, which means the economy is producing a combination of both consumer and capital goods.
Thus, it is not true that it is not possible for the economy to be at point G.
Option A is incorrect.
A fall in demand for consumer goods would not cause the economy to produce at point G because point G represents the production of both consumer goods and capital goods.
Therefore, option D is incorrect.
Unemployment of labor is not directly related to the production of goods, so this is an incorrect option. Therefore, option B is incorrect.
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When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False
Answer:
True
Explanation:
what is the law of demand and supply
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
what is franco invoice?
An invoice number is a unique number in chronological order without any breaks. There can be separate series for different invoices. The invoice must have the date on which service is provided to the client.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUNathan calculated his company’s economic order quantity and categorized all production costs. One cost was related to the cost of storing milk in the freezers, and another cost was related to the insurance expenses that covered the company’s inventory. To which cost category would Nathan assign these costs?
The cost category which Nathan would put the insurance expenses is in the fixed cost per order.
What is Production Cost?This refers to the sum total of all the costs which a company has when producing a good or service.
Hence, in this case, because Nathan is making calculations of the company’s economic order quantity and he has to make a category of the production costs, he would have to put the insurance expenses is in the fixed cost per order.
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next, state the topic you selected, why you selected it, and how you narrowed the topic to a specific issue after conducting research
Hey guys, there were too many words to fit in here but I provided a link to the answers :).
Hello!!
I recently completed this activity and was asking the same question!
I got help from the another brainly user ( rcurrin2005 )that answered this question (thank you so much, btw!!) and created a PDF with his answers and I thought I would too!
Now remember, do not plagiarise! I hope it helps! Have a great day and good luck!
we can calculate the issue price of a bond as the face amount plus the total periodic interest payments.
true
false
True - We can calculate the issue price of a bond as the face amount plus the total periodic interest payments.
The periodic desk, also known as the periodic desk of the (chemical) factors, is a rows and columns association of the chemical elements. it's miles broadly used in chemistry, physics, and other sciences, and is typically seen as an icon of chemistry. it's miles a photo method of the periodic regulation, which states that the homes of the chemical elements show off an approximate periodic dependence on their atomic numbers. The desk is split into four kind of rectangular regions known as blocks. The rows of the desk are called intervals, and the columns are known as corporations. elements from the equal group of the periodic table show comparable chemical traits.
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