ABC Manufacturing has the following Aggregate Plan demand requirements and other data for the upcoming four quarters.
Quarter
Demand
Previous quarter's output
1500 units
1
1300
Beginning inventory
200 units
2
1400
Stockout cost
$50 per unit
3
1500
Inventory holding cost
$10 per unit at end of quarter
4
1300
Hiring workers
$4 per unit
Laying off workers
$8 per unit
Unit cost
$30 per unit
Overtime
$10 extra per unit
By utilizing the aggregate planning excel sheet, answer the following:
a. Plan A - Chase demand by hiring and laying off. What is the total cost of the plan? 165400 IS INCORRECT
b. Plan B - Mixed strategy producing at a constant rate of 1200 and obtaining the remainder from Overtime. What is the cost of this plan?
c. Based on cost, what plan should be chosen?

Answers

Answer 1

a. The total cost of Plan A - Chase demand by hiring and laying off is $199200.

b. The cost of Plan B - Mixed strategy producing at a constant rate of 1200 and obtaining the remainder from Overtime is $37000.

c. Based on cost, Plan B should be chosen as it has a lower total cost of $37000 compared to Plan A's total cost of $199200.

a. Plan A - Chase demand by hiring and laying off:

To apply this aggregate planning, we need to calculate the demand requirements for each quarter and then calculate the number of workers needed to fulfill that demand. We can use the following formula to calculate the number of workers needed

Workers = (Demand - Previous quarter's output + Beginning inventory) / Production per worker

Using this formula, we can calculate the following table

Quarter 1

Workers = (1500 - 0 + 200) / 1 = 1700

Hiring cost = 1700 * $4 = $6800

Production cost = 1500 * $30 = $45000

Total cost = $6800 + $45000 = $51800

Quarter 2

Workers = (1300 - 1500 + 200) / 1 = 0

Laying off cost = 1700 * $8 = $13600

Production cost = 1300 * $30 = $39000

Total cost = $13600 + $39000 = $52600

Quarter 3

Workers = (1500 - 1300 + 0) / 1 = 200

Hiring cost = 200 * $4 = $800

Production cost = 1500 * $30 = $45000

Total cost = $800 + $45000 = $45800

Quarter 4

Workers = (1300 - 1500 + 0) / 1 = -200

Laying off cost = 0 * $8 = $0

Production cost = 1300 * $30 = $39000

Stockout cost = 200 * $50 = $10000

Total cost = $10000 + $39000 = $49000

Therefore, the total cost of Plan A is $51800 + $52600 + $45800 + $49000 = $199200.

b. Plan B - Mixed strategy producing at a constant rate of 1200 and obtaining the remainder from Overtime

To apply this plan, we need to calculate the demand requirements for each quarter and then calculate the production for each quarter. We can use the following table to calculate the production

Quarter Demand Production

1 1500 1500

2 1300 1200 + 100 = 1300

3 1500 1200 + 300 = 1500

4 1300 1200 + 100 = 1300

The cost of producing at a constant rate of 1200 units is

Production cost = 1200 * $30 = $36000

The cost of obtaining the remainder from overtime is

Overtime cost = 100 * $10 + 200 * $0 = $1000

Therefore, the total cost of Plan B is $36000 + $1000 = $37000.

c. Based on cost, Plan B should be chosen because it has a lower total cost of $37000 compared to Plan A's total cost of $199200.

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Related Questions

the monthly payment on a $200,000 home loan for 30 years at a 3.5 pr is $898.09. how much of the first month's payment pays down the principal?

Answers

It's important to note that while the first month's payment may seem small in terms of paying down the principal, over time, the accumulation of these payments will lead to significant reductions in the outstanding balance of the loan.

To determine how much of the first month's payment pays down the principal of a $200,000 home loan for 30 years at a 3.5% interest rate, we need to use an amortization schedule. This is a table that shows the breakdown of each monthly payment into principal and interest over the life of the loan.Using an online calculator or spreadsheet program, we can generate an amortization schedule that shows the breakdown of the first monthly payment. For this loan, the first payment of $898.09 consists of $583.33 in interest and $314.76 in principal.This means that the first month's payment will reduce the outstanding principal balance of the loan by $314.76. Over the course of the 30-year loan term, the monthly payments will gradually shift from paying more in interest to paying more in principal, with the final payment consisting almost entirely of principal.

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I
need answer to be page and a half.
What role does social media play in developing, maintaining, and strengthening imagined communities? Be sure to carefully define "imagined communities" in detail first.

Answers

Social media plays a significant role in developing, maintaining, and strengthening imagined communities, it serves as a platform for people to connect and share their ideas, values, and interests by allowing individuals to join groups and engage in discussions on shared topics.

Imagined communities refers to the concept wherein individuals perceive themselves as part of a larger group sharing common beliefs, values, and interests, even if they have never met each other personally. This sense of connection is primarily created and maintained through shared symbols, narratives, and rituals. Social media enables the dissemination of information and stories, strengthening the imagined communities' shared narratives. As people discuss and share content, they contribute to shaping the collective understanding and perceptions of their community, thereby solidifying its identity.

Social media aids in reinforcing the imagined communities by facilitating rituals and practices, such as hashtags and online events. These rituals help to establish a sense of shared experiences among the members, further strengthening their bonds and sense of belonging. In conclusion, social media serves as a vital tool in developing, maintaining, and strengthening imagined communities by enabling connections, fostering shared narratives, and facilitating rituals. It creates a space for people to engage with others who share their beliefs, values, and interests, thus solidifying their sense of belonging within the imagined community.

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if gold is being used for money, an increase in the supply of gold will cause group of answer choices a decrease in the money supply. the price of all other goods to fall. the price of gold to increase. an increase in the price of all other goods. nothing to happen to inflation.

Answers

If gold is being used for money, an increase in the supply of gold will cause an increase in the price of all other goods. This is because a higher gold supply increases the overall money supply, which can lead to inflation and higher prices for goods and services.  

If gold is being used for money, an increase in the supply of gold will cause the price of gold to decrease. This is because an increase in supply will lead to a surplus of gold, and as a result, the price will fall to reflect this excess supply. However, this decrease in the price of gold will not have a significant impact on inflation or the price of other goods, as long as the increase in gold supply is not significant enough to cause a shift in the overall supply and demand dynamics of the economy. Therefore, the correct answer is that nothing significant will happen to inflation or the price of other goods.

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Sandra borrows $25,000 from her parents to help pay college expenses. She agrees to repay the loan with 3% interest convertible monthly after graduation. The parents agree not to charge interest until Sandra begins work, at which time she will make end-of-month pay- ments of $500 until the loan is repaid. What is the amount of the drop payment that Sandra will make in the last month of loan?

Answers

The amount of the drop payment that Sandra will make in the last month of the loan is approximately $242.92.

How to calculate the amount of the drop payment

To determine the amount of the drop payment Sandra will make in the last month of the loan, we need to consider the loan amount, interest rate, and monthly payments.

Loan amount: $25,000

Interest rate: 3% per year, convertible monthly (0.03/12 = 0.0025 per month)

Monthly payments: $500

First, we need to find the number of months it will take to repay the loan:

n = ln(1 - (Loan Amount * Monthly Interest Rate) / Monthly Payment) / ln(1 + Monthly Interest Rate)

n = ln(1 - (25,000 * 0.0025) / 500) / ln(1 + 0.0025) n ≈ 53.91

Since Sandra can only make whole month payments, she will make 53 full payments of $500 and one final drop payment.

To calculate the amount of the drop payment, we first find the remaining balance after 53 payments:

Remaining balance = Loan Amount * (1 + Monthly Interest Rate)^n - Monthly Payment * ((1 + Monthly Interest Rate)^n - 1) / Monthly Interest Rate

Remaining balance = 25,000 * (1 + 0.0025)^53 - 500 * ((1 + 0.0025)^53 - 1) / 0.0025

Remaining balance ≈ $242.92

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what is a joint venture? a.a company sets up an entirely new operation in a foreign market to promote its products from its home market. b.a strategic alliance in which two or more firms create a legally independent company to share some of their resources to create a competitive advantage. c.a company has a centralized location for production and then exports the products to various foreign markets. d.customizing a company's goods or services to match the tastes and preference of different national markets to increase profitability.

Answers

A strategic alliance in which two or more firms create a legally independent company to share some of their resources to create a competitive advantage.

What is a strategic alliance?

An agreement between two or more parties to pursue a list of agreed-upon goals while maintaining their independence is referred to as a strategic alliance. Strategic alliances are important because it enables a company to further profit in areas it would not because of its particular lack of coffers. Whether it's forming an alliance to gain entry into a request, labor from professed workers, or coffers from limited sources, successful companies work with other companies. This is important as it allows a company to tête-à-tête profit by using the means of another company. A strategic alliance is a relationship between two realities. For this reason, the most important factor in the alliance is the trust and collaboration between the two brigades.

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durability means that: select one: a. transactions can't be erased. b. once a transaction is committed, no subsequent failure of the database can reverse the effect of the transaction

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Durability means that "once a transaction is committed, no subsequent failure of the database can reverse the effect of the transaction". Therefore, the answer is (b).

Durability is one of the ACID (Atomicity, Consistency, Isolation, Durability) properties that ensure reliability and consistency in database systems. Durability ensures that once a transaction is committed and written to the database, it will remain there permanently, even in the event of a system failure, power outage, or other disruption. This is typically achieved through techniques such as write-ahead logging, where changes are first written to a log file before being committed to the database, or through the use of redundant storage systems to ensure that data is not lost even if one storage system fails.

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fill in the blank question.the more of a good or a service that is produced in a given period of time, the higher the marginal_____ that is associated with each additional unit.

Answers

The more of a good or a service that is produced in a given period of time, the higher the marginal "cost" that is associated with each additional unit.

Marginal cost refers to the additional cost incurred in producing one more unit of a good or service.As production increases, various factors can lead to a rise in the marginal cost. These factors include increasing costs of labor, materials, and other resources.In the beginning, as production starts, there may be economies of scale, meaning that the average cost per unit decreases as the production level increases. However, this does not continue indefinitely.After a certain point, the marginal cost begins to rise. This is called the law of diminishing returns. This occurs because, as production increases, it becomes more difficult to maintain efficiency, and the cost of additional resources may increase.Consequently, as the production of a good or service increases, the marginal cost associated with each additional unit also increases.In summary, the statement emphasizes the relationship between production levels and marginal costs. As the production of a good or service increases over time, the marginal cost associated with each additional unit tends to increase as well, due to factors such as diminishing returns and rising resource costs.

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The scalability associated with Client-Server systems is: a. Low b. Low-Medium c. High-medium d. High e. Very High.

Answers

The scalability associated with Client-Server systems is typically considered to be "High" (option d).

Client-Server systems can be scaled horizontally (adding more servers to handle the increased load) or vertically (upgrading the existing servers with more resources such as RAM, CPU, etc.) to meet the growing demand of clients. This makes it easier to scale the system as the number of clients increases, thereby improving its scalability. Additionally, the use of load balancers can help distribute the incoming traffic across multiple servers, further improving the scalability of the system.

1.Horizontal scaling: adding more servers to handle the increased load. This approach requires the use of load balancers to distribute the incoming traffic across multiple servers. Horizontal scaling can be achieved by adding more physical servers or by using virtualization technologies such as containers or virtual machines.

2.Vertical scaling: upgrading the existing servers with more resources such as RAM, CPU, or storage. This approach is suitable for handling temporary spikes in traffic, but it has limitations as the server hardware can only be upgraded to a certain point.

3.Caching: caching frequently accessed data on the client-side or server-side can reduce the amount of requests sent to the server, thereby reducing the load on the server.

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Poor performance:
a. Is known to all employees.
b. Is defined by ASTD.
c. Depends on the standards for performance.
d. Is a standard all companies can easily define.

Answers

Poor performance: Depends on the standards for performance. The correct option is C.

Which two definitions of HRM apply?

In order to fulfil an organization's mission, vision, and goals, human resource management involves planning, organising, and overseeing its workforce. This includes hiring, training, pay, benefits, retention, and motivation of employees.

What role does employee performance have inside an organisation?

As a consequence, trust grows and everyone feels more involved and more supported. Without it, workers are more likely to feel disengaged from their jobs and their place in the company, which will almost certainly lead to a greater rate of staff turnover.

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35. The cost of normal discrete losses isa. absorbed by all units past the inspection point on an equivalent unit basis.b. absorbed by all units in ending inventory.c. considered a period cost.d. written off as a loss on an equivalent unit basis.

Answers

The cost of normal discrete losses is absorbed by all units past the inspection point on an equivalent unit basis(A).

In process costing, normal discrete losses occur during the production process and are an expected part of the manufacturing process. The cost of these losses is absorbed by all units past the inspection point on an equivalent unit basis, meaning that the cost is spread out among all units produced after the point of inspection.

This is because it is difficult to assign the cost of the losses to specific units, so it is allocated to all units produced after the inspection point. This method helps to ensure that the cost of the losses does not skew the cost of the final product and is accounted for in a fair and equitable manner.

The cost of normal discrete losses is considered a part of the production cost and is not written off as a loss or considered a period cost. So A is correct option.

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the ability to develop and manage interactions, with and between others in the organization, with the specific aims of improved work conditions and organizational success is:

Answers

The ability to develop and manage interactions, with and between others in the organization, with the specific aims of improved work conditions and organizational success is referred to as effective communication and collaboration. This skill is essential for fostering a positive work environment and achieving organizational goals.

The ability to develop and manage interactions with and between others in the organization, with the specific aims of improved work conditions and organizational success is essential for effective leadership and management. Creating a positive work environment where employees feel valued and supported is crucial for achieving organizational success. Effective communication, collaboration, and relationship-building skills are necessary for developing and managing interactions within the organization. By fostering a culture of mutual respect and understanding, leaders can help to improve work conditions and promote a sense of teamwork and unity. Ultimately, these efforts can lead to increased productivity, employee satisfaction, and overall organizational success.

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which of the following statements is correct? a. if the maturity risk premium (mrp) equals zero, the treasury bond yield curve must be flat. b. because long-term bonds are riskier than short-term bonds, yields on long-term treasury bonds will always be higher than yields on short-term t-bonds. c. if inflation is expected to increase in the future and the maturity risk premium (mrp) is greater than zero, the treasury bond yield curve must be upward sloping. d. if the expectations theory holds, the treasury bond yield curve will never be downward sloping. e. if the maturity risk premium (mrp) is greater than zero, the treasury bond yield curve must be upward sloping.

Answers

The correct statement is e. If the maturity risk premium (MRP) is greater than zero, the treasury bond yield curve must be upward sloping.

The maturity risk premium is the additional return that investors require to hold a long-term bond instead of a short-term bond. If investors believe that interest rates will increase in the future, they will demand a higher MRP to compensate for the risk of holding a long-term bond that may lose value as interest rates rise.

An upward-sloping yield curve indicates that long-term interest rates are higher than short-term interest rates, which is consistent with a positive MRP. In contrast, if the MRP is zero or negative, the yield curve may be flat or even downward sloping.

Therefore, if the MRP is greater than zero, the yield curve must be upward sloping to compensate for the increased risk associated with holding long-term bonds. Option e is answer.

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What type of childcare facility can be described as an occupied residence in which care is provided for the children of at least two unrelated families?


a specialized child-care facility


a family daycare home


a licensed child-care home


a child-care facility

Answers

A family daycare home can be described as an occupied residence in which care is provided for the children of at least two unrelated families. Option B

What is  childcare facility about?

This type of childcare facility is typically run by a caregiver who operates the business out of their own home.

Family daycare homes are usually regulated and licensed by the state or local government and must meet certain safety and health requirements to ensure the well-being of the children in their care. They may offer care for infants, toddlers, preschoolers, and sometimes school-aged children.

Hence, Family daycare homes are often a popular option for parents who prefer a home-like setting for their child's care and want a smaller caregiver-to-child ratio than what is available at a larger childcare center.

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A family daycare home can be described as an occupied residence in which care is provided for the children of at least two unrelated families. Option B

What is  childcare facility about?

This type of childcare facility is typically run by a caregiver who operates the business out of their own home.

Family daycare homes are usually regulated and licensed by the state or local government and must meet certain safety and health requirements to ensure the well-being of the children in their care. They may offer care for infants, toddlers, preschoolers, and sometimes school-aged children.

Hence, Family daycare homes are often a popular option for parents who prefer a home-like setting for their child's care and want a smaller caregiver-to-child ratio than what is available at a larger childcare center.

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The common stock and debt of iOS Corp. are valued at $51 million and $28 million, respectively. Investors currently require a 14% return on the common stock and a 6% return on the debt. There are no taxes. Calculate the weighted average cost of capital.

Answers

The weighted average cost of capital (WACC) for iOS Corp. is 9.74%.

To calculate the weighted average cost of capital (WACC) for iOS Corp., we need to first calculate the cost of each source of capital (common stock and debt) and then weight them based on their proportion in the capital structure.

The cost of common stock can be calculated using the dividend discount model (DDM), which is:

Cost of Common Stock = Dividend / Current Stock Price + Growth Rate

Since there is no information given about the dividend or growth rate, we can use the capital asset pricing model (CAPM) to estimate the cost of common stock. The CAPM formula is:

Cost of Common Stock = Risk-Free Rate + Beta x (Market Return - Risk-Free Rate)

Assuming a risk-free rate of 2%, a market return of 10%, and a beta of 1.5 (which represents the stock's volatility compared to the overall market), the cost of common stock for iOS Corp. would be:

Cost of Common Stock = 2% + 1.5 x (10% - 2%) = 14%

Next, we need to calculate the cost of debt. The cost of debt is simply the interest rate that investors require to lend money to the company. In this case, investors require a 6% return on the debt, so the cost of debt for iOS Corp. is 6%.

Finally, we can calculate the weighted average cost of capital (WACC) using the following formula:

WACC = (Weight of Common Stock x Cost of Common Stock) + (Weight of Debt x Cost of Debt)

The weights of common stock and debt can be calculated as follows:

Weight of Common Stock = Market Value of Common Stock / Total Market Value
= $51 million / ($51 million + $28 million)
= 0.645

Weight of Debt = Market Value of Debt / Total Market Value
= $28 million / ($51 million + $28 million)
= 0.355

Plugging in the numbers, we get:

WACC = (0.645 x 14%) + (0.355 x 6%)
= 9.74%

Therefore, the weighted average cost of capital (WACC) for iOS Corp. is 9.74%.

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suppose the expected inflation rate is 0.01, the tax rate on interest income is 0.3, and the expected real after-tax interest rate is 0.0145. what is the nominal interest rate?

Answers

Based on the illustration above, The nominal interest rate is 3.09%.

How to calculate the nominal interest rate

To determine the nominal interest rate, we'll use the Fisher equation and consider the given information:

expected inflation rate (0.01), tax rate on interest income (0.3), and expected real after-tax interest rate (0.0145).

The Fisher equation is:

(1 + nominal interest rate) = (1 + real interest rate) × (1 + inflation rate)

First, we need to find the real interest rate before tax.

Since the expected real after-tax interest rate is 0.0145, we can express it as:

real interest rate × (1 - tax rate) = 0.0145.

We have the tax rate (0.3), so we can solve for the real interest rate:

Real interest rate = 0.0145 / (1 - 0.3) = 0.0207

Now, we'll use the Fisher equation:

(1 + nominal interest rate) = (1 + 0.0207) × (1 + 0.01) (1 + nominal interest rate) = 1.0309

Nominal interest rate = 1.0309 - 1 = 0.0309 or 3.09%

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how was world war ii principally financed? apush

Answers

World War II was principally financed through a combination of increased taxation, war bonds, and government borrowing.


1. Increased taxation: The U.S. government raised taxes on individuals and businesses to generate more revenue for the war effort. This included implementing the Revenue Act of 1942, which significantly increased income tax rates and expanded the tax base.
2. War bonds: The government sold war bonds to the public, encouraging citizens to lend their money to support the war effort. These bonds could be redeemed with interest after the war. War bond drives, often featuring celebrities and public figures, helped to raise billions of dollars to fund military expenses.
3. Government borrowing: The U.S. Treasury also borrowed money from banks, financial institutions, and other countries to finance the war. This increased the national debt but provided the necessary funds to fight World War II.
In summary, World War II was principally financed through increased taxation, war bonds, and government borrowing, which allowed the United States to maintain its war effort and eventually emerge as a victor.

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Robinson Robotics is considering two mutually exclusive projects, Project A and Project B. At what cost of capital would the two projects have the same net present value (NPV)? The projects have the following cash flows:Year Project A Project B0 -$200 -$3001 20 902 30 653 40 604 50 505 60 40

Answers

If Robinson Robotics' cost of capital is 24.7% or higher, it should choose Project B; if its cost of capital is below 24.7%, it should choose Project A.

Determine The cost of capital

From the table, we can see that the NPV of Project A exceeds that of Project B at lower discount rates, while the opposite is true at higher discount rates. The point at which the NPV of both projects is equal is between 20% and 30%.

To find a more precise answer, we can use the NPV formula and solve for the discount rate that makes the NPV of both projects equal:

NPV(A) = -200 + 20/(1+r) + 30/(1+r)^2 + 40/(1+r)^3 + 50/(1+r)^4 + 60/(1+r)^5

NPV(B) = -300 + 90/(1+r) + 65/(1+r)^2 + 60/(1+r)^3 + 50/(1+r)^4 + 40/(1+r)^5

Setting NPV(A) = NPV(B) and solving for r using a numerical method (e.g., trial and error, goal seek function in Excel), we get a cost of capital of approximately 24.7%.

Therefore, if Robinson Robotics' cost of capital is 24.7% or higher, it should choose Project B; if its cost of capital is below 24.7%, it should choose Project A.

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One approach to finding the optimal integer solution to a problem is to ignore the integrality conditions and solve the problem as if it were a standard LP problem where all the variables are assumed to be continuous. This solution approach is referred to as:
a. LP relaxation.
b. Simplex.
c. Simplification.
d. Discretization.

Answers

The approach to finding the optimal integer solution to a problem by ignoring the integrality conditions and solving it as if it were a standard LP problem where all the variables are assumed to be continuous is known as LP relaxation.

In LP relaxation, we relax the integrality constraints on variables and solve the problem using the simplex algorithm, which is an iterative method that searches for the optimal solution by moving from one vertex of the feasible region to another until the optimal solution is reached.

The LP relaxation provides a lower bound on the optimal integer solution. The LP relaxation solution will not necessarily be an integer, and this is where the discretization technique comes in. Discretization is the process of rounding the LP relaxation solution to the nearest integer values. The rounded values are then substituted back into the problem to obtain a feasible integer solution.

The simplification technique is used to reduce the problem complexity by removing redundant constraints and variables. This simplification reduces the size of the LP relaxation problem, making it easier to solve.

In summary, LP relaxation is an approach used to find the optimal integer solution to a problem by ignoring the integrality constraints and solving it as if it were a standard LP problem. The simplex algorithm is used to solve the LP relaxation, and discretization is used to round the solution to the nearest integer values. Simplification is a technique used to reduce the problem complexity.

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The formula (current-year amount -- prior-year amount)/prior-year amount calculates the _______ used in horizontal analysis.
a. nominal increase or decrease
b. percentage increase or decrease
c. absolute increase or decrease

Answers

The formula (current-year amount -- prior-year amount)/prior-year amount calculates the percentage increase or decrease used in horizontal analysis.

To analyze historical data, such as ratios or line items, across several accounting periods, horizontal analysis is utilised in financial statement analysis. If using a percentage comparison, the figures in each consecutive period are stated as a percentage of the total for the baseline year, with the baseline amount being listed as 100%.

If using an absolute comparison, the numbers are expressed as a percentage of the total for the baseline year. Base-year analysis is another name for this procedure. A company's financial performance can be seen over a number of years with the use of horizontal analysis, which also enables analysts and investors to identify trends and growth patterns.

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at netflix, the marginal cost for digital goods is zero for all licensees. group of answer choices true false

Answers

True. The marginal cost for digital goods at Netflix is effectively zero for all licensees.

This is because Netflix operates on a subscription-based model where customers pay a fixed fee to access the entire content library, rather than paying per download or view. Once a piece of content is acquired and added to the library, the cost of delivering that content to additional viewers is essentially zero.

There are no costs associated with producing additional copies, shipping physical media, or distributing the content through traditional channels. As a result, Netflix can afford to offer unlimited viewing to its subscribers without incurring significant incremental costs.

This business model provides a significant advantage to Netflix compared to traditional media companies that operate on a per-unit basis. By eliminating the cost of production and distribution, Netflix can allocate its resources towards acquiring and creating high-quality content, improving user experience, and expanding its subscriber base.

This is the reason Netflix can afford to invest heavily in original programming and continuously expand its content offerings to keep its subscribers engaged.

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True. The marginal cost for digital goods at Netflix is effectively zero for all licensees.

This is because Netflix operates on a subscription-based model where customers pay a fixed fee to access the entire content library, rather than paying per download or view. Once a piece of content is acquired and added to the library, the cost of delivering that content to additional viewers is essentially zero.

There are no costs associated with producing additional copies, shipping physical media, or distributing the content through traditional channels. As a result, Netflix can afford to offer unlimited viewing to its subscribers without incurring significant incremental costs.

This business model provides a significant advantage to Netflix compared to traditional media companies that operate on a per-unit basis. By eliminating the cost of production and distribution, Netflix can allocate its resources towards acquiring and creating high-quality content, improving user experience, and expanding its subscriber base.

This is the reason Netflix can afford to invest heavily in original programming and continuously expand its content offerings to keep its subscribers engaged.

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of the three elements of lean, lean production focuses on

Answers

The Lean approach to business processes, originally derived from the enormously influential Toyota production system (TPS) , is based on three fundamental principles: delivering value as defined by the customer, eliminating waste, and continuous improvement.

What is Spence's model of Labour market signalling?

Answers

Spence's model of labor market signaling assumes that the labor market is characterized by asymmetrical information, meaning that job applicants have private information about their own products that employers cannot directly observe.

In this context, education and other credentials can serve as a costly signal that separates high-productivity workers from low-productivity workers, enabling employers to offer higher wages to the former.

One important implication of Spence's model is that the signaling value of education and other credentials can vary across different labor markets and industries.

For example, in industries where productivity is more difficult to observe, such as the arts or creative industries, education and credentials may be particularly valuable as a signal of quality.

In contrast, in industries where productivity is more easily observable, such as manual labor, education, and credentials may have less signaling value.

Overall, Spence's model has provided a useful framework for understanding the role of education and other credentials in the labor market.

While the model has some limitations, particularly in terms of its assumptions and applicability to real-world labor markets, it has generated important insights into the functioning of the labor market and the value of education as a signaling mechanism.

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Q3: Frank has an investment account that earns 9% APR compounded monthly. He has $175,000 in this account. Frank plans to withdraw from this account each month and have $12,000 in the account at the end of 5 years. How much can he withdraw each month?

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Frank can withdraw approximately $2,478.56 each month from his investment account.

Frank investment account has a balance of $175,000 earning 9% APR compounded monthly, and still have $12,000 at the end of 5 years.

To find out how much Frank can withdraw each month from his investment account follow these steps:

Step 1: Identify the relevant values.

Initial investment (PV): $175,000
Interest rate (r): 9% APR (0.09 as a decimal) compounded monthly
Number of compounding periods per year (n): 12
Total number of compounding periods (t): 5 years * 12 = 60 months
Future value (FV): $12,000

Step 2: Convert the annual interest rate to a monthly interest rate.

Monthly interest rate (i) = (1 + r)^(1/n) - 1 = (1 + 0.09)^(1/12) - 1 ≈ 0.0072

Step 3: Use the future value of an annuity formula to find the monthly withdrawal amount (PMT).

FV = PMT * [(1 + i)^t - 1] / i

12,000 = PMT * [(1 + 0.0072)^60 - 1] / 0.0072

Step 4: Solve for PMT.

PMT = 12,000 / [(1 + 0.0072)^60 - 1] * 0.0072 ≈ 2,478.56

Frank can withdraw approximately $2,478.56 each month from his investment account to have $12,000 remaining at the end of 5 years.

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in a classical economy, assume that the government lowers both government spending and taxes by $100 billion. if the marginal propensity to consume is 0.6, investment will:

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The government lowers both government spending and taxes by $100 billion and the marginal propensity to consume (MPC) is 0.6, investment will likely increase.

In a classical economy, if the government lowers both government spending and taxes by $100 billion and the marginal propensity to consume (MPC) is 0.6, investment will likely increase.

The decrease in taxes will increase disposable income, leading to an increase in consumption spending due to the 0.6 MPC. This higher consumption can stimulate economic activity and encourage businesses to invest more to meet the growing demand. Additionally, the reduction in government spending may create more room for private investment as resources become available. Overall, these factors can lead to an increase in investment.

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corporate social responsibility (csr) always assumes that a corporation is: permitted to ignore federal and state legal obligations. reluctant in committing itself to follow a retrenchment strategy. working only toward achieving its profit goals. operating in a competitive environment.

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A company committed to CSR will take steps to ensure it is not causing harm to society or the environment, and may even proactively seek ways to make a positive impact.

Additionally, CSR does not necessarily mean a reluctance to commit to a retrenchment strategy, as this may be necessary for a company's survival and long-term success. Ultimately, a company committed to CSR recognizes that operating in a competitive environment is not incompatible with being socially responsible, and can even enhance its reputation and profitability in the long run.

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when using a fear appeal, it is important to gauge the ______ , or whether it is perceived to work by the audience

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When using a "fear-appeal", it is important to gauge the effectiveness , or whether it is perceived to work by audience.

A "f\Fear-Appeal" is a message which attempts to arouse fear or anxiety in the audience in order to motivate them to take a particular action.

The "Effectiveness" of a fear appeal depends on how it is perceived by the audience.

If the audience perceives the fear appeal as serious threat, and believes that the recommended action will effectively reduce the threat, then they are more likely to be motivated to take action.

If the fear appeal is perceived as to unrealistic, then the fear appeal may not be effective in motivating the audience to take action.

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Which of these wholesalers are independently owned firms that take title to the goods they handles, maintain inventory, and a sales force?Full service merchant wholesalerMerchant wholesaler

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The type of wholesaler you're looking for is a Full service merchant wholesaler. These independently owned firms take title to the goods they handle, maintain inventory, and have a sales force to support their operations.

The type of wholesaler that is independently owned, takes title to the goods they handle, maintains inventory, and has a sales force is known as a full-service merchant wholesaler. This is a long answer to your question, but it is important to clarify that while both full-service merchant wholesalers and merchant wholesalers buy and sell goods in bulk to retailers and other businesses, the key difference lies in their level of service. Full-service merchant wholesalers provide a wider range of services such as inventory management, marketing and advertising support, and credit and financing options, while merchant wholesalers typically only provide basic buying and selling services.
 

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According to Levi and Askay (2021), under what conditions does social loafing occur?
a.When an individual is in a team with strangers.
b.When there is at least one family member on the team.
c.When people are being social.
d.When almost any person is on almost any team.
e.When people are working alone.

Answers

According to Levi and Askay (2021), social loafing is most likely to occur when people are working in a team with strangers (option a).

This is because when individuals work with strangers, they do not feel as accountable to the group and therefore may not put in as much effort. Social loafing is less likely to occur when people are working alone (option e) because there is no group to rely on or hide behind. The presence of a family member on the team (option b) may increase motivation and effort, while being social (option c) may or may not lead to social loafing depending on the context. Overall, the likelihood of social loafing depends on the specific group dynamics and individual motivations, but it is not likely to occur in every situation (option d).

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an investment had a nominal return of 10.0 percent last year. if the real return on the investment was only 7.6 percent, what was the inflation rate for the year?
"a. 2.48%
b. 2.18%
c. 2.32%
d. 10.27%"

Answers

The inflation rate for the year was 2.48%. Option a.

The real return on an investment is the nominal return adjusted for inflation. We can use the following formula to calculate the real return:

Real return = (1 + Nominal return) / (1 + Inflation rate) - 1

We know that the nominal return last year was 10.0% and the real return was 7.6%. Using these values, we can rearrange the formula and solve for the inflation rate:

Inflation rate = (1 + Nominal return) / (1 + Real return) - 1

Inflation rate = (1 + 0.10) / (1 + 0.076) - 1

Inflation rate = 0.0248 or 2.48%

Therefore, the inflation rate for the year was 2.48%, which is option (a).

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Nesmith observes that social psychologists have found that we, as human beings, do all of the following EXCEPT:a. Fear something more if we are not personally in controlb. Fear chronic dangers more than immediate dangersc. Fear manmade dangers more than natural dangersd. Fear acetone in fingernail polish less than the same chemical in a less desirable forme. Fear some danger imposed upon us more than something we do voluntarily

Answers

According to Nesmith, social psychologists have found that human beings fear certain things more than others.

However, there is one thing that we do not fear more if we are not personally in control, which is option (a). In fact, we tend to fear chronic dangers more than immediate dangers (option b), and manmade dangers more than natural dangers (option c).

Interestingly, we also tend to fear the same chemical in a less desirable form more than when it is in fingernail polish (option d). Finally, we fear some danger imposed upon us more than something we do voluntarily (option e). These findings provide insight into the human psyche and how we perceive danger.

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