Interpret the meaning of "rate of exploitation = 1000" for making hamburgers at a fast-food restaurant. Would this rate of exploitation increase or decrease when greater automation is introduced to make these hamburgers? (about 60-90 words)
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- Briefly defineIt costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost. To help the publishing company sell the books, a marketing company charges 4 dollars for each book sold.If the company charges 9 dollars per book, how many books should they sell to break even?The improvement in output per worker due to adopting new technology could be shown as (Select one from the picture attached)
- The company Cojines Cromáticos, S.A. uses a standard cost system. The standard information for a finished cushion is 3.5 labor hours with a standard rate of $ 5.5 per hour. The total wages paid in the month was $ 225,000 corresponding to a total of 45,000 hours worked. In the month of November, 12,000 cushions were produced. What is the variation in the labor rate for the month of November?Total Fixed Total Variable Labor (workers) (units per day) Output Cost cost (dollars) (dollars) 20 20 25 50 1 2 3 715 13 16 20 20 100 4. 5. 18 2017) (OUP-U6-Q14) The figure depicts the isocost lines of a firm. Which of the following statements is correct? Effort per hour 0.9 0.7 0.6 0.45 0 0 Isocost A 13 10 Hourly wage, S Isocost B 20 Isocost C (A) The cost of production is constant along an isocost line. (B) Isocost A has the lowest cost per unit of effort of the three isocosts. (C) The units of effort per dollar of wage cost for isocost B are 0.45. (D) For the hourly wage of $12, the effort per hour is 0.8 on isocost A.
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- Cigarland is a Latin American country producing cigars. If the unit cost is 11 dollars and firms' mark up is 20 per cent, calculate the price of each cigar. Answer the question by providing just the appropriate number of dollars in the box below to one decimal place (eg 12.3). Do not enter a comma, space, letters, words or symbols (such as $). Failure to follow these instructions may result in your answer being marked as incorrect. Next page > < Previous pagePieces moved per day between work areas are Three departments-milling (M), drilling (D), and sawing (S)-are assigned to three work areas in Victor Berardis's machine shop in Vent, Ohio. The number of work pieces moved per day and the distances between the centers of the work areas, in feet, are shown to the right. M 22 34 20 It costs $2 to move 1 workpiece 1 foot. The total material handling cost of the layout = $ whole number). (enter your response as a %3D Distances in feet between centers of the work areas are: M MDS MDSThe amount of fish caught per week on a trawler is a function of the crew size assigned to operate the boat. Based on past data, the following production schedule was developed: CREW SIZE (NUMBEROF WORKERS) AMOUNT OF FISH CAUGHT PERWEEK (HUNDREDS OF LBS) 2 3 4 5 6 7 8 9 10 11 12 3 6 11 19 24 28 31 33 34 34 33 a. Over what ranges of workers are there (i) increasing, (ii) constant, (iii) decreasing, and (iv) negative returns?b. How large a crew should be used if the trawler owner is interested in maximizing the total amount of fish caught?c. How large a crew should be used if the trawler owner is interested in maximizing the average amount of fish caught per worker?