Learning curves are useful for measuring work improvement for repetitive, simple jobs requiring short times to complete.a) true
b) false

Answers

Answer 1
Answer:

Final answer:

Learning curves are indeed useful for measuring work improvement in repetitive, simple tasks. They represent worker improvement in efficiency and reduction in mistakes over time, as these tasks are completed on a repetitive basis.

Explanation:

The statement, 'Learning curves are useful for measuring work improvement for repetitive, simple jobs requiring short times to complete', is true. A learning curve is a concept that represents improvement in efficiency of production as workers increase in skill through repetition of tasks. This concept is often used in business and economics to measure work improvement, particularly for jobs that are simple and repetitive in nature. For instance, when an assembly line worker repeats the same task over and over, they typically become faster and make fewer mistakes over time, thus increasing productivity.

Learn more about Learning Curve here:

brainly.com/question/39727618

#SPJ12

Answer 2
Answer: False. Learning curves have limited application for assembly-lines with short, repetitive jobs.

Related Questions

Jack Pickle decided to start a small business as a corporation. His initial investment was $4,000 cash in exchange for common stock. Demonstrate how to record this transaction in the accounting equation?
Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following: Common stock, $6 par value, 120,000 shares authorized Preferred stock, 11 percent, par value $13 per share, 5,000 shares authorized During the year, the following transactions took place in the order presented: a. Sold and issued 21,900 shares of common stock at $26 cash per share. b. Sold and issued 2,800 shares of preferred stock at $30 cash per share. c. At the end of the year, the accounts showed net income of $41,600. No dividends were declared.Required:Prepare the stockholders’ equity section of the balance sheet at the end of the year.
14. Colin is making a braise for a catered lunch. How should Colin prepare the vegetables for the braise? A. Cut into large piecesB. PuréedC. Cooked separately beforehand
Gelb Company currently manufactures 51,500 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $65,000 per year, and allocated fixed costs are $78,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit. Calculate the total incremental cost of making 51,500 units and buying 51,500 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier?
Keystone Computer Timeshare Company entered into the following transactions during May 2017. Describe the effect of each transaction on assets, liabilities, and stockholders' equity. 1. Purchased computers for $20,000 from Data Equipment on account. 2. Paid $3,000 cash for May rent on storage space. 3. Received $15,000 cash from customers for contracts billed in April. 4. Performed computer services for Ryan Construction Company for $2,700 cash. 5. Paid Midland Power Co. $11,000 cash for energy usage in May. 6. Stockholders invested an additional $32,000 in the business. 7. Paid Data Equipment for the computers purchased in (1) above. 8. Incurred advertising expense for May of $840 on account.

Your company sponsors a 401(k) plan into which you deposit 10 percent of your $123,000 annual income. Your company matches 75 percent of the first 10 percent of your earnings. You expect the fund to yield 12 percent next year. Assume you are currently in the 31 percent tax bracket. a. What is your annual investment in the 401(k) plan? (Round your answer to the nearest whole number. (e.g., 32))b. What is your one-year return?

Answers

Answer:

A) Your own Contribution in 401(K) is $12,000.

B) Total Value of fund after one year = $21,000 × (1 + 12%)

= $23,520.

Explanation:

A) Total Annual Income = $120,000

Contribution in 401(K) = 10% of income  

= $120,000 × 10%

= $12,000

your own Contribution in 401(K) is $12,000.

Employee contribution after tax = $12,000 × (1 31%)

= $8,280

Contribution of employer = $12,000 × 75%

= $9,000

Total Contribution = $12,000 + $9,000

= $21,000

Total Contribution in one year is $12,000.

Yield on fund = 12%

Total Value of fund after one year = $21,000 × (1 + 12%)

= $23,520.

after tax return = ($23,520 -$8,280) / $8,280

= 184%

After tax return is 184%.

You don't have to pay that income tax until you withdraw the money

Final answer:

The annual investment in the 401(k) plan is $21,525, comprising $12,300 from your contribution and $9,225 from your company's match. The one-year return, counting an expected yield of 12%, would be $24,108.

Explanation:

The annual investment in the 401(k) plan is calculated by finding 10% of the annual income of $123,000 which amounts to $12,300. The company then matches 75% of this investment. So, the company contribution is 0.75 * $12,300 = $9,225. Therefore, the total annual investment into the 401(k) plan is $12,300 (your contribution) + $9,225 (company’s contribution) = $21,525.

Your one-year return would be the total investment in the fund, including the expected 12% yield next year. So that's $21,525 * 1.12 = $24,108.

Learn more about contribution here:

brainly.com/question/24244412

#SPJ12

Your family runs a specialty ice cream parlor, Scoops. It manufactures its own ice cream in small batches and sells it only in pint-sized containers. After someone not affiliated with the company sent six pints of your ice cream to a popular talk-show host, she proclaimed on her national TV show that it was the best ice cream she had ever eaten. Immediately after the broadcast, orders came flooding in, overwhelming your small-batch production schedule and your limited distribution system. The company’s shipping manager thinks she can handle it, but you disagree. List the reasons why you need to restructure your channel of distribution.

Answers

Answer:

Demand And Supply

Explanation:

Demand and supply are the biggest factors of buisness when demand becomes higher than supply it results in angry customers and unhappy reviews

An investment of 1 will double in 27.72 years at a force of interest, δ. An investment of 1 will increase to 7.04 in n years at a nominal rate of interest numerically equal to δ and convertible once every two years. Calculate n.

Answers

Answer:

80

Explanation:

According to the given situation, the computation of n is shown below:-

EXP[27.72δ]=2

δ =0.025

m = 1 ÷ 2

(1 + 0.025 ÷ (1 ÷ 2))^n ÷ 2 = 7.04

n ÷ 2 × ln(1.05)=ln(7.04)

n ÷ 2=40

n = 80

Therefore for computing the n we simply applied the above formula i.e. by considering all the information given in the question

Hence,the n is 80

To find the number of years it takes for an investment of $1 to increase to $7.04 at a nominal rate of interest numerically equal to δ and convertible once every two years, we can use the formula A = P(1 + r/m)^mt. Using this formula, we can solve for t by substituting the given values into the equation and solving for t using logarithms.

To find n, the number of years it takes for an investment of $1 to increase to $7.04 at a nominal rate of interest numerically equal to δ and convertible once every two years, we can use the formula:



A = P(1 + r/m)mt



Where A is the final amount, P is the initial investment, r is the nominal rate of interest, m is the number of times interest is compounded per year, and t is the number of years.



In this case, A = $7.04, P = $1, r = δ, and m = 2 (since it is convertible once every two years). Using this information, we can solve for t:



$7.04 = $1(1 + δ/2)2t



Divide both sides by $1:



7.04 = (1 + δ/2)2t



Take the logarithm of both sides:



log(7.04) = log((1 + δ/2)2t)



Apply the power rule of logarithms:



log(7.04) = 2t * log(1 + δ/2)



Divide both sides by 2 * log(1 + δ/2):



t = log(7.04) / (2 * log(1 + δ/2))



Plug in the value of δ to find the value of t.

Learn more investment here:

brainly.com/question/29547577

#SPJ3

Daniel LLC incurred cost of $43,000 for material, $26,000 for labor, and $23,000 for factory overhead. There was no beginning or ending work in process. 5,000 units were completed and transferred out. The cost per unit is

Answers

Answer:

Unitary cost= $18.4

Explanation:

Giving the following information:

Daniel LLC incurred cost of $43,000 for material, $26,000 for labor, and $23,000 for factory overhead.

First, we need to calculate the total cost:

Total cost= 43,000 + 26,000 + 23,000

Total cost= $92,000

Now, the unitary cost:

Unitary cost= total cost / number of units

Unitary cost= 92,000 / 5,000

Unitary cost= $18.4

Which is an example of a businessman making an investment?he receives financing from an angel investor
he contributes money to a partnership
he applies for a small business loan
he reports investor fraud to the SEC

Answers

The one that can be stated as an example of a businessman who is making an investment is by making a contribution in the form of money to a partnership. Hence, Option B is  correct.

What is a businessman?

An individual who owns or has shares in a private sector and engages in commercial or industrial activities to generate cash flow, sales, and income by combining human, financial, intellectual, and physical capital with the goal of sustaining is referred to as a businessman or businesswoman.

Although it is a difficult career path, those who choose business reap the rewards of their labour and have access to employment options in almost every industry.

One may find them in almost any company, managing operations, hiring and firing staff, keeping the books balanced, and managing funds. The one that can be used as an illustration of a businessman investing is by giving a financial contribution to a partnership.

Therefore, Option B is  correct.

Learn more about businessman from here:

brainly.com/question/887012

#SPJ2

Answer:

he contributes money to a partnership

Stonehall Inc. recently borrowed $685,000 from its bank at a simple interest rate of 10 percent. The loan is for eight months and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount will be repaid in monthly installments. The loan's annual percentage rate (APR) is:________a. 20.00%
b.18.25%
c. 15.05%
d. 13.33%

Answers

Answer:

a. 20.00%  

Explanation:

Monthly loan payment

= (685000*10%*8/12 + 685000)/8

= $91,333.33

PV = -685000

Nper = 8

Using RATE function

= RATE(8,91333.33,-685000,0)*12

= 20%

Therefore, The loan's annual percentage rate (APR) is 20%.

Other Questions