What type of production system makes components where the cost of producing each is lowest?
Question:
What type of production system makes components where the cost of producing each is lowest?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Economies of Scale Economies of scale refer to the cost advantages that a business can achieve ...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
International Business The Challenges Of Globalization
ISBN: 9781292450315
10th Global Edition
Authors: Kenneth Wild
Question Posted:
Students also viewed these Business questions
-
Image transcription text Module 5 Discussion A' Instructions: This discussion will be completed in two parts, and will give you an opportunity to reect upon this week's content and to interact with...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
VisAudioTech Corporation commenced operations thirty years ago in the competitive entertainment technology industry, producing custom made remote controls for videos. A few years ago, VisAudioTech...
-
What were the worst mistakes made by Globestelle during the production development process ? CASE 15 Case date 2001 The Reltex Project Nigel Slack Globestelle is the world's largest precision...
-
The Earth's rate of rotation is constantly decreasing, causing the day to increase in duration. In the year 2006 the Earth took about 0.840 s longer to complete 365 revolutions than it did in the...
-
ABC analysis divides on-hand inventory into three classes, based on: a) Unit price. b) The number of units on hand. c) Annual demand. d) Annual dollar values.
-
1. What was the first thing that PM Solutions did when it was hired by VELCO? 2. Why was the VELCO project compared to a political campaign? 3. Why do you think VELCO was so successful in cutting the...
-
1. MiniCase 20 details three ethics scandals at UBS in recent years. What does that tell you about UBS? 2. Given the UBS ethics failings, who is to blame? The CEO? The board of directors? 3. What...
-
Jackson Company adopted Dollar Value LIFO (DVL) on January 1, 2012 for its one inventory pool. The inventory's value on this date was $500,000. The 2012, 2013 and 2014 ending inventory valued at...
-
Why would a company engage in FDI because the firms it supplies invested abroad?
-
Why might 100 percent ownership of a subsidiary not give a company complete control?
-
Suppose S(0) = $100, r = 0.06, S = 0.4, and = 0. Use equation (20.32) to compute prices for claims that pay the following: a. S2 b.S c. S2 Compare your answers to the answers you obtained to Problem...
-
Can you explain recent brokerage reports and analyst recommendations for Amazon.com?
-
Suppose that unexpectedly the Bank of Norway increases the interest rate by 50bp. The FED keeps the target interest rate stable. What will happen to the spot and forward exchange rates? Discuss.
-
I will invest $500,000 in a property and anticipate the following cash flows (assume they occur at the end of each period to make things simple): Cash Flow year 1: $90,000 Cash Flow year 2: $95,000...
-
Builtrite has a capital structure of 60% common stock and 40% debt. Bonds being sold will have a $1000 par, 7% coupon rate, a 15 year maturity with a selling price of $1040 and flotation costs of $15...
-
DynCorp's FCFF is expected to be $600 million. The firm's interest expense is $80 million. The net debt of the firm decreases by $40 million. The tax rate is 35%. What are the FCFE, the market value...
-
Analyzing the Kroger Company and Whole Foods Market The following information relates to The Kroger Company and Whole Foods Market, Inc. for their 2009 and 2008 fiscal years. Required a. Compute the...
-
Cleaning Service Company's Trial Balance on December 31, 2020 is as follows: Account name Debit Credit Cash 700 Supplies Pre-paid insurance Pre-paid office rent Equipment Accumulated depreciation -...
-
Information technologies are developing at a faster rate than ever before. How have these technologies influenced globalization? Give specific examples. Do you think globalization will continue until...
-
Some say globalization is homogenizing the attitudes and spending habits of young consumers worldwide. As one journalist puts it, It may still be conventional wisdom to think globally and act...
-
Do you think Ludia fits the definition of a born global firm? Explain your answer based on the case.
-
The C-Corporation had accumulated E&P of $50,000 as of January 1, Year 2, and current E&P of $450,000 for Year 2. The Corporation made a total of $600,000 in distributions to its shareholders on...
-
Trevor Mills produces agricultural feed at its only plant. Materials are added at the beginning of the process. Information on work-in- process in December follows: Beginning inventory. 16.000...
-
Additional information Franklin Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing...
Study smarter with the SolutionInn App