Answer: Signature liability
Explanation:
The signature liability is basically associate with the negotiable instruction as the people are not contractually liable only the signature person has the liability for the payment based on the specific amount.
The signature liability is basically refers to the signature on the negotiable instrument that is used for identifying the main person who ar obligated for paying. Therefore, Signature liability is the correct answer.
Answer:
a. What are the maximum and minimum cycle times?
The maximum cycle time is 60 minutes and the minimum cycle time is 2.4 minutes.
b. How much daily output will be achieved by each of those cycle times?
Daily output = CT = A/R
For max CT = 480/60 = 8 units per day
For min CT = 480/2.4 = 200 units per day.
2. In problem 1, suppose the line is balanced using 14 workstations and a finished product can be produced every 4.5 minutes.
a. What is the production rate in units per day?
CT = A/R or 4.5 = 480/R or R = 106.66 units/day
b. What is the assembly-line efficiency?
Efficiency = 60/[4.5(14)] =0.95 or 95.2% percent efficiency.
Answer:
It factors GDP in relation to the country's population
Explanation:
The second option "It cannot be used to identify the country's economic expansion or contraction" is incorrect because GDP can be used to tell if the economy of a nation is healthy or if it is heading into recession. Also, GDP cannot tell you the profit of corporate oversea operations, neither can it tell you the profit earned by foreign companies operating within the country, it can only tell the value of all products and services that were produced in a country within a period. However, GDP per capita is a measure of the gross domestic product against the population of the country, and hence the correct option is that It factors GDP in relation to the country's population.