A Joint Venture is the type of network that the private oil company and the government should set-up to manage the project. In other business terms, joint venture between a private and a public entity is also known as a Public-Private Partnership. It holds both parties responsible for the tasks to be delivered at hand. There are contracts and agreements between the two parties to be made in order for the project to work and become successful.
Answer:
C. 2.253
Explanation:
The time between orders in WEEKS in a 52 week year can be calculated as follows
DATA
Annual Demand (D) = 1800 rolls
Cost per roll = $900
Annual holding cost (Ch) = 15% of $900 = $135
Ordering cost (Co) =$225
Solution
EOQ =
EOQ =
EOQ = 78 rolls
Number of orders = 1800/78
Number of orders = 23.077
The time between orders = 52/23.077
The time between orders = 2.253
<h2>Answer : Option A) 1 foot/second</h2><h3>Explanation :</h3>
If we consider that the plates are placed 2 ft apart and there has to be 1800 meals that needs to be delivered in an hour.
so if we multiply 2 ft and 1800 meals that is delivered in 1 hour,we get 2 X 1800 = 3600 meals in an hour.
If we try to accommodate the plates at each ft then there will be 3600 meals delivered in 1 hour.
we know that 1 hour has 3600 seconds in it.
So, here the distance is 1 ft, and speed has to be determined time is 1 hour = 3600 seconds
3600 meals / 3600 seconds = 1 foot per second.
OR 1800 meals set at 2 ft apart in 3600 seconds will give the speed of the belt as 1 foot per second.
(1 ft = speed X 1 hour)
<h2>so, the speed also will be 1 foot per second. </h2>
Answer:
$8,000
Explanation:
The entrepreneur needs $20,000. She can raise 60% from savings. It means she needs to generate 40% from other sources.
40% of $20,000 is
=40/100 x $20,000
=0.4 x $20,000
=$8,000