base quantity 2. What are the causes of excess capacity at ANAGENE? How is this situation different from the causes of excess capacity at BRIDGETON INDUSTRIES? • Initial output was for R&D purposes; production volumes varied more than 100% from month to month • The anticipated cartridge production volumes keep fluctuating • Addressing new markets • At Bridgeton, the death spiral resulted from the continuous outsourcing of their products; this is evident in the changes of their overhead rates
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right now is: about how to manage, doctors do get paid? JCAHC- Joint Commission Accreditation Health care. What they do is: Nurses – stuffing ratio –means: If you have too less nurses, then this Joint Commission will fine you hospital, and all top management will be fired. 2. Please provide a detailed discussion of “non-financial benefit issues” involving the community. (pp. 272-276) Answer for 2: Non-financial Benefits. These are different issues, what health care providers have to do whether
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1 Who is responsible for the HS Holding crisis? The problem of HS holding’s is the miscommunication and deliver message to the wrong direction of peoples at the not perfect time. I think the Devilal has to take most party of the responsibility of the crisis, because Devilal use the wrong protocol (weekday instead of weekend one), just because he ignored the difference time between India time and US time. on the other hand, Devilal didn’t contact Nick at his home just because of avoiding personal
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experience diminishing returns in the short-run and economies of scale in the long run. (15 marks) Economies of scale is a long-run concept experienced by firms whereby lower average costs is achieved as a result of an increase in the scale of production. It can occur both internally and externally. Examples of internal economies of scale include: technical, marketing, managerial, financial, network and specialisation of the workforce. The law of diminishing return states that as additional units
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demand for a factor of production or intermediate good that occurs as a result of the demand for another intermediate or final good.[1] In essence, the demand for one is dependent on that whose demand its demand is derived from. For example, if the demand for a good such as wheat increases, then this leads to an increase in the demand for labour. For another example, demand for steel leads to derived demand for steel workers, as steel workers are necessary for the production of steel. As the demand
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real Iran Hostage Crisis. The movie Argo displays a precise story line in which the CIA establishes a fake movie production in order to rescue six American ambassadors out of Iran. CIA took advantage of the political crisis happening in Iran. “The Iranian government, incredibly, was trying to encourage international business in the country. They needed the hard currency and a film production could mean millions of dollars.” (Bearman, 2007). Therefore, CIA came up with the plan of producing a fake sci-fi
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localized unit to a global unit. Society on a global scale was mostly Agrarian in structure whilst some nomadic style hunter gathers or pastorals groups (Blainey (2001, p.410) still existed in the early 1500’s-1800’s. Life revolved around food, the production of food was what made up day to day life, the average house hold didn’t have enough land to produce what was needed and many people worked at neighbouring farms and meals themselves were used as partial payment. Food was almost the be all and end
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GM Powertrain Ogbeide Aizehi (Tijay) Problem: The plant could not meet its budget due to poor performance as a result of it’s over engineered and inefficient processes, and what process changes were required in the plant of Fredericksburg to improve the efficiency? Contributing factors: Labor issues (strike actions), QS 9000 certification process, and equipment break down such as the 1500-ton press, affected all the processes. Alternatives: 1. Repair the broken press and install a
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Economics Presentation Topic – The value of Time Production requires labour, land and capital but also time. To account for the role of time in production and costs, we differentiate between the 2 types of time; Short run and Long run. Short run: A time period in which at least one factor of production is fixed. We assume that the quantity of machinery is fixed however; production can be altered, by changing variable factors such as, labour and raw materials. In the short run, demand
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PROBLEM 9A Perfect Competition A firm has fixed costs of $60 and variable costs as given in the following table: Q | TFC | TVC | TC | AFC | AVC | ATC | MC | 0 | 60 | 0 | 60 | - | - | - | - | 1 | 60 | 45 | 105 | 60 | 45 | 105 | 45 | 2 | 60 | 85 | 145 | 30 | 42.5 | 72.5 | 40 | 3 | 60 | 120 | 180 | 20 | 40 | 60 | 35 | 4 | 60 | 150 | 210 | 15 | 37.5 | 52.5 | 30 | 5 | 60 | 185 | 245 | 12 | 37 | 49 | 35 | 6 | 60 | 225 | 285 | 10 | 37.5 | 47.5 | 40 | 7 | 60 | 270 | 330
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