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2 years ago

6

Corning, Inc. transforms a blend of materials to create optical fiber capable of carrying much of the telephone traffic in the U

nited States on a single strand. It is an example of an organizational buyer in which market?
A. Consumer
B. Industrial
C. Resller
D. Government

1 answer:

astra-53 [7]2 years ago

6 0

Answer:

B. Industrial

Explanation:

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Which of the following is an assumption of the decision-making process followed by consumers to maximize utility? rev: 04_09_201

kari74 [83]

Answer:

The correct answer is: The consumer considers the prices of the products.

Explanation:

When taking the decision regarding how to maximize utility the consumers will consider the prices of the products. The consumer will be able to maximize utility at the point where the marginal utility of money spent on each commodity is equal.

We can represent it as,

$\frac{MU\ of\ good\ A}{Price\ of\ good\ A} = \frac{MU\ of\ good\ B}{Price\ of\ good\ B}$

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2 years ago

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at th

stellarik [79]

Answer: Please see answer below

Explanation:

a)No of batches of heating elements produced annually =315 per day x 248 days

Batch size = 2300

No of batches produced annually = 315 x 248 / 2300 = 33.96 = 33.97 batches

b)

Number of inventory daily during production

= Daily production rate – Daily usage rate

= 830 – 315

= 515

so number of inventory on hand 4 days later = 515 per day x 4 days = 2060

c) Inventory for the heating elements = Batch size x ( 1 – daily requirement/ Daily production ) = 2300 x ( 1 – 315/830 ) = 2300 x ( 1 – 0.38) = 1,426

our minimum inventory per day =0

Average inventory = ( Max. inventory + Min inventory )/ 2 = 1426/2 = 713

d)we already have that 33.97batches of production of heating elements are required .

set up time of heating element per batch to use = 1/2 day

then Total set up time required in a year = 0.5 x 33.97days = 16.985 days

Number of heating elements required in a year = 315 per day x 248 days = 78,120

At production rate of 830 per day ,with no set up time required for heating element = 78120 /830 = 94.12 days

the total time required in a year for heating elements will now be

= Actual production time + Set up time

= 94.12 + 16.985

= 111.105 days

which means the spare time available annually to produce other components = 248 days – 111.105 = 136.895= 136.9 days

i )YES, since the time required to complete the other job is 6 days , there would be enough time because 6 days is less than 136.9 days of spare time

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2 years ago

Corporate parenting generates corporate strategy by focusing on:_____.

fgiga [73]

Answer: c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.

Explanation:

7 0

2 years ago

Cryo-vac expects sales to increase 20% next year from the current level of $5,000,000. The firm has current assets of $1,000,000

MAVERICK [17]

Answer:

Consider the following calculations

Explanation:

Current Sales Level = $ 5000000 and Expected Sales Growth Rate = 20 %

Next Year Sales = 5000000 x 1.2 = $ 6000000

Expected Profit Margin = 8% and Expected Profit = 0.08 x 6000000 = $ 480000

Expected Dividend Payout = $ 200000

Increase in Retained Earnings = Expected Profit - Expected Dividend Payout = 480000 - 200000 = $ 280000

An increase in retained earnings such as the aforementioned unbalances the asset, liability, equity equation and hence, some of the asset-liability items need to change so as to rebalance the equation. The items that usually change are the current assets, fixed assets, and current liabilities except for the current portion of the firm's long-term debt as the same is a function of the firm's financing activities, whereas increment in the sale and consequent increment in other balance sheet items are operating activities.

Further, it is assumed that the current assets and current liabilities less notes payable (it is a short-term financing instrument and hence remains unchanged) all increase at the same rate as sales increment. Fixed Assets although increase to support higher sales level, but are part of the firm's investing activities and hence do not bear a direct proportional relationship with the increase in sales.

Change in Current Asset = (1.08 x 1000000) - 1000000 = $ 80000

Change in Fixed Assets = 300000 (already mentioned)

Change in Current Liabilities less Notes Payable = (750000 - 300000) x 1.08 - (750000 - 300000) = $ 36000

Therefore, Additional Financing Required = Change in Current Assets + Change in Fixed Assets - Change in Current Liabilities less Notes Payable - Increment in Retained Earnings = 80000 + 300000 - 36000 - 280000 = $ 64000

5 0

2 years ago

Feldpausch Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Tot

rodikova [14]

Answer:

$16,125.15

Explanation:

DATA:

Activity Cost Pool Total Cost Total Activity

Assembly $1,398,250 65,800 machine hours

Processing orders $ 69,451 2,520 orders

Inspection $ 184,800 2,400 inspection-hours

Units produced = 920

Machine hours required = 1290

Processing orders required= 61

Inspection hours required = 40

Direct material cost = 57.55

Direct labor cost = 13.56 per unit

Selling price = 123.50

Solution

Sales Revenue (920 ×$123.5) $113,620

LESS: Costs

Direct Materials (920 × $57.55) $52,946

Direct labor (920 ×$13.56) $12,375.2

Assembly (1,398,250/65,800) = 21.25 × 1290= $27412.5

Processing (69,451/2,520) = 27.55 × 61 = $1681.15

Inspection (184,800/2,400) = 77 x 40 = $3080

Total Cost ($97494.65)

Product margin $16,125.15

4 0

2 years ago