Answer:
Economic Dimension
Explanation:
Economic dimension implies that the effect of economic factors on a particular circumstance which a company faces are taking into consideration while making a decision.
In the question, the three economic factors mentioned to be considered by the company as part of the economic dimension are Consumer Price Index, manufacturing and retail inventory levels, and consumer confidence measures.
The Consumer Price Index (CPI) measures the weighted average of prices of a basket of commodities like cloth, food, transportation, etc. This is calculated as average of the changes in prices of the chosen basket of goods and services.
Manufacturing inventory are raw material or work-in-progress items kept in stock to produce goods, while retail inventory are the finished goods kept in stock to be sold.
Consumer confidence measure can also be referred to as the Consumer Confidence Index (CCI) and it is the level of assurance which consumers display about general economic condition in a country through the way they spend or save.
How a company monitor and prepare for each of the three factors will determine its success or failure.
Answer:
308 minutes
Explanation:
The average waiting time =
=
=
= - 308.85 minutes
Thus; alex average waiting time, in minutes, 308 minutes if he still wants to continues to be the only worker.
A. its a tailpor made for each job
Answer:
production schedule for July = 815 10-inch skillets
Explanation:
price of 10-inch skillet $28
projected sales 625 units
costs:
- direct materials $6
- direct labor $3
- manufacturing overhead $5
- sales and administrative expenses $1,000
beginning inventory 60 units
ending inventory 40% of August sales
production during July = (projected sales - beginning inventory) + (40% x projected sales August) = (625 units - 60 units) + (40% x 625 units) = 565 units + 250 units = 815 10-inch skillets
Failure<span>________ transparency ensures that the system will continue to operate in the event of a node failure.</span>