There are the following factors on which the business relationship with its customers depends.
1. Treat your customers politely: Customers become happy only if all their issues are resolved correctly and early. Being a representative of your business address your customers by their name and with due respect at the very beginning of the conversation to let them know that you know their very Vell name and try to interact with them genuinely to know their problems and to fix them all.
2. Become a good listener: Always try to hear your customer what is saying and listen to their problems. Truly listening to your customers is very important it not only helps to resolve issues rather it is one of the customer relationship building processes Listening gives them satisfaction. They will get satisfaction after positively talking to you.
3. Try to build trust: It needs many positive experiences to cover up the dissatisfaction of a single negative experience of a customer. In the customer relationship-building process it is necessary to build trust among your customers. always say the truth to your customers. Let your customers know clearly about all the new positive and negative changes occurred in your products or services. Be honest as well as transparent because these are crucial factors in customer relationship building.
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What are the 5 steps to opening a savings account?
Five steps in opening a bank account includes the following;
Get familiar with your basic bank account optionsChoose a bank.Research bank account options.Gather documents & open your bank account.Start using your bank account.What is a Bank AccountA bank account is a financial account which is domiciled with a bank or other financial institution in which the financial transactions between the bank and a customer are recorded.
A bank account carries some responsibilities both on the side of the account owner and the financial institution that manages the account. The owner of the account may deposit and withdraw money and in some cases be paid interest by the financial institution.
These Financial institutions may offer other services such as loans, overdraft of financial information to their customers. Some other financial institutions may also manage pension accounts for their customers.
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What are the two markets in a closed economy?
The two markets in a closed economy are: the factor markets and the products markets.
What is a closed economy?A closed economy is an economy which does not relate in any international trade, which means that it would not import or export goods and services or take part in any financial exchanges with any other country.
When a country stays as a closed economy, it has no trading activity outside the country's borders. In the closed economy, the consumers are needed to consume domestic products without any chance of import of goods from other countries. But eventually, there are no economies which are completely closed.
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a stock market comprises 2200 shares of stock a and 3900 shares of stock b. assume the share prices for stocks a and b are $30 and $18, respectively. if you have $4500 to invest and you want to hold the market portfolio, how much of your money will you invest in stock a and stock b? group of answer choices $1,928.57; $2,571.43 $2,102.46; $2,397.54 $2,180.62; $2,319.38 $2,264.71; $2,235.29
If you want to hold the market portfolio, You will invest in stock a $2,180.62 and stock b $2,180.62
Explain the mechanism of market portfolio.A market portfolio is a hypothetical collection of investments that comprises every asset type that is accessible to investors, with each asset weighted in proportion to its overall market participation. A market portfolio's expected return is the same as the market's overall expected return.
The market worth as a whole is equal to =2200 * 30 + 3900 * 18 = 136200.
Stock A has a weight of 0.4845 in the market portfolio (2200 * 30 / 136200).
The market portfolio's weight for stock B is equal to 3900 * 18/136200, or 0.5897.
Therefore, in order to hold the market portfolio, you should invest the following amount in Stock A: = 4500 * 0.4845 = $2181.62
Therefore, in order to hold the market portfolio, you should invest the following amount in stock B: = 4500 * 0.5154 = $2319.38
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a complete cloud beginner would like to create a simple application with predictable pricing. what service should this person use?
The cloud beginner must use AWS Lightsail
Amazon Web Services (AWS) provides AWS Lightsail, a cloud-based service intended to be a quick and inexpensive solution to set up and run a virtual private server (VPS). It provides a simple and intuitive interface that allows users to quickly and easily launch and manage their VPS without needing specialized technical knowledge or expertise.
Websites, applications, and other online services are hosted on virtual private servers, which are virtual machines that run on actual servers. To establish a VPS with a certain configuration, like a specific amount of processing power, memory, and storage, AWS Lightsail provides a variety of predefined templates, known as instances. A range of instances, including those designed for web hosting, application development, and other use cases, are available to users.
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Businesses record goodwill ________.
In business, goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-term assets account.
Business refers to the activity of creating, buying, and reselling goods to support oneself financially. The business owner is responsible for all obligations incurred by the business because the business entity is not legally distinguished from the owner by the use of the business name.
In the event that a business accumulates debt, creditors can seize the owner's personal assets. Corporate tax rates are not allowed in a corporate structure. All business income is subject to the owner's personal tax.
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A seller wants to net $350,000 from the sale of her home. The listing broker will receive a 5% commission. The closing costs are estimated at $7,500. At what price must this home sell to achieve this goal? Select one: a. $380,319. b. $376,316. c. $375,921. d. $379,840
The price that the seller must sell the house to be able to achieve the various sales goals is b. $376,316.
How to find the price ?To find the price that the seller needs to sell her home, the closing costs, the commission, and the amount to be neted from the home sale, need to be included in the price of the house.
The price of the house would therefore be:
= Amount that seller wants to net from the house + Commission to the broker + Closing costs
Assuming this amount is x, we have :
x = 350, 000 + .0. 05x + 7, 500
x - 0. 05 x = 350, 000 + 7, 500
0. 95x = 357, 500
x = 357, 500 / 0. 95
x = $376,316
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value added by labor to the production process. value of all inputs used by the final producer. difference in profits at various stages of production. difference between the price and the value of inputs purchased.
Value-added is the difference between the price of a product or service and the cost of producing it.
What Is a Value-Added Product?A marketable good that has been improved with extra features to increase its value above the cost of the raw materials required to produce it is referred to as a value-added product.
It could be made to be more practical, appealing, tasty, or simple to use than its original components. Why companies can charge more for their products or services than it costs to manufacture them is due to adding value.
The added value in marketing is a brief explanation to the customer of the qualities that elevate a product above the value of its constituent parts and, more crucially, the reasons why it is superior to products of the same kind from rival companies. Examples of these can be additional or unique features that a manufacturer or firm has included to boost the value.
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________ is a major issue faced by companies when implementing enterprise systems.
A) The lack of a centralized database where important data such as metadata can be stored
B) The failure to incorporate accounting and human resource applications
C) The failure of applications to communicate and share data with each other
D) The gap between the requirements of an organization and the capabilities of an application
The gap which is between the requirements of an organization and the capabilities of an application is considered as a major issue faced by companies when implementing enterprise systems.
The enterprise systems are considered to be the large-scale software packages which are able in order to track and also control all of the complex operations of a business. So, these systems are used as a central command hub.
However, the enterprise systems tend to help in order to automate the business and also to make the reporting and decision making easier. Thus, there are certain issues which are faced by the organization during this process.
Hence, option D is correct.
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What is the major focus of sustainability?
It is the study of how natural systems function, remain diverse and produce everything it needs for the ecology to remain in balance.
What is sustainability?Sustainability is a broad discipline that provides students and graduates with insights into virtually every aspect of the human world, from business to technology to the environment and social sciences.
The core skills that a graduate leaves college or university with are in high demand, especially in a modern world looking to drastically reduce carbon emissions and discover and develop future technologies. Sustainability combines politics, economics, philosophy, and other social sciences with hard sciences.
As businesses strive to comply with new legislation, many corporate jobs at the graduate level and above prioritise sustainability skills and environmental awareness. As a result, sustainability graduates will work in a variety of fields, the most common of which are civic planning, environmental consulting (both built and natural environments), agriculture, and not-for-profit organisations.
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b.a customer has just requested a major order of 100 units of product k for delivery in week 5. what would you tell the customer about having such an order? why? what, if anything, would such an order do to the operation?
It would be important to confirm the availability of product K before promising a delivery to the customer. This can be done by checking the inventory levels and production schedule to ensure that there is sufficient stock on hand or capacity to produce the requested quantity in week 5.
What will happen if the order is fulfilled and what if its not fulfilled?If the order can be fulfilled, it is important to inform the customer of the delivery date and any relevant details such as lead times, shipping costs, and payment terms. It is also a good idea to confirm the order in writing to avoid misunderstandings.
If the order cannot be fulfilled, it is important to inform the customer as soon as possible and provide a reason for the inability to fulfill the order. It may be possible to offer alternative products or suggest a different delivery date if the requested quantity becomes available at a later time.
What impact will these 100 order will bring?A major order of 100 units of product K could have a significant impact on the operation, depending on the existing demand for the product and the current production capacity. It may be necessary to adjust the production schedule to accommodate the additional units, potentially affecting the delivery dates for other orders. It may also be necessary to increase inventory levels or raw materials to support the increased production.
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___ utility adds value to goods by having them available where people want them?
i. spatial
ii. location specific
iii. place
iv. geographic
Place utility adds value to goods by having them available where people want them .
Option A is correct .
Time utility, By making things accessible when customers need them, intermediaries like retailers give them more time utility. By doing whatever action required to transfer ownership from one party to another, including offering credit, intermediaries increase the utility of possession.
Consumers place value on the location of stores where they buy goods. Instead of having to drive to a factory or warehouse where the goods are made or stored, stores make it simpler for customers to make purchases. Customers find what they require in a location that is conveniently situated close to their place of residence or employment.
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if the final sales price of a property is $550,000, how much does the seller have to pay for the state transfer tax...?
If the final sales price of a property is $550,000, how much does the seller have to pay for the state transfer tax is $5500.
A sales tax can be defined as the consumption tax that local or state governments usually apply on the purchase price of products or services from consumers. When a company has some sort of link , it can be used job to collect sales tax and send payments to the government.TDS is placed on behalf of the seller by the buyer, who receives payment from the seller. According to Section 194 IA of the Income Tax Act of 1961, TDS is applicable at 1% of the entire sale price of the property.To know more about Sales Tax here
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How does intelligent automation work?
Intelligent automation (IA), also known as robotic process automation (RPA), combines robotic process automation (RPA) with cutting-edge technologies like artificial intelligence (AI), analytics, optical character recognition (OCR), intelligent character recognition (ICR), and process mining to create end-to-end business processes that think, learn, and adapt on their own. Hyper-automation and intelligent process automation (IPA) are two terms that may also be used to describe intelligent automation.
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With what skills do you struggle the most? List two. For each one, explain a situation in which there was a negative outcome because you lacked these skills.
:) I will give the branliest!
How long do you have to reject goods?
The exact period for rejecting the goods depends on the type of goods and the laws of the country in which the goods were purchased. Generally, the period for rejecting goods is a period of days, weeks or even months, depending on the country.
For example, in the state of California, buyers have the right to return goods if they are defective or not as described. The buyer usually has 30 days from the date of purchase to notify the seller of the defect and return the item for a refund.
In most states, buyers have a "reasonable time" to reject goods. This means that the buyer must act quickly to reject the goods, but the exact time frame may vary depending on the circumstances. In any case, it is important to check the laws in your state to determine the exact time frame for rejecting goods.
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24. Ahm Corp. owns 90% of Bee Corp.'s common stock and 80% of Cee Corp.'s common stock. The remaining common shares of Bee and Cee are owned by their respective employees. Bee sells exclusively to Cee, Cee buys exclusively from Bee, and Cee sells exclusively to unrelated companies. Selected year 1 information for Bee and Cee follows: Cee Corp. $91,000 65,000 None Bee Corp. $130,000 100,000 Sales Cost of sales Beginning inventory Ending inventory None None 65,000 What amount should be reported as gross profit in Bee and Cee's combined income statement for the year ended December 31, year 1? a. $26,000 b. $41,000 c. $47,800 d. $56,000
The amount that should be listed as gross profit on Bee and Cee's combined income statement for the year that ended on December 31, year 1, is $56,000. Hence, the correct answer is D.
To determine the gross profit for Bee and Cee in year 1, we need to calculate their combined sales and cost of sales.
Bee's sales for the year were $130,000, and Cee's sales for the year were $91,000. Therefore, the combined sales for Bee and Cee in year 1 were $221,000.
Bee's cost of sales for the year was $100,000, and Cee's cost of sales for the year was $65,000. Therefore, the combined cost of sales for Bee and Cee in year 1 was $165,000.
To calculate the gross profit for Bee and Cee in year 1, we subtract the combined cost of sales from the combined sales:
Gross profit = Combined sales - Combined cost of sales Gross profit = $221,000 - $165,000 Gross profit = $56,000Therefore, the gross profit for Bee and Cee in year 1 was $56,000. This should be reported in the combined income statement for the year ended December 31, year 1.
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latonya owned a house for which she paid $300,000. she added a backyard patio deck at a cost of $5,000, making her adjusted basis $305,000. she later sold the house for $330,000 and paid a $20,000 sales commission. what is latonya's gain or loss?
Latonya's gain or loss, given the basis in the house, and the sales commission paid, is $ 5, 000
How to find the gain or loss ?The gain or loss to Latonya can be found by the formula :
= Selling price - Commission - Basis in house
Selling price = $ 330, 000
Commission = $ 20, 000
Basis in house = $ 305, 000
The gain or loss is:
= 330, 000 - 20, 000 - 305, 000
= $ 5, 000
In conclusion, there is a gain of $ 5, 000.
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an auditor performs a test to determine whether all merchandise was received for which the entity was billed. the population for this test consists of all:
An auditor performs a test to determine whether all merchandise was received for which the entity was billed, the population for this test consists of all : Vendor's invoices.
Vendor invoices are source documents generated when products or services are received from the vendor in accordance with the buyer's purchase order. As a result, utilizing it as the test population is a suitable place to start in the audit.
Knowing the population to be audited is important in audit sampling. The population is a collection of data from which the auditor picks a sample and then draws conclusions.
When items or services are received in accordance with a buy order established with a vendor, a vendor invoice from a purchase requisition is generated. A vendor invoice has a header as well as one or more lines for products or services. The cycle from purchase order to goods receipt to vendor invoice is completed by a vendor invoice.
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The opportunity to have another person take over rent payments and live in the rental unit is called (a) O Subletting. O Rental agreement. O Lessee. O Lessor O Lease.
The opportunity to have another person take over rent payments and live in the rental unit is called subletting.
What is subletting?A sublet is when an existing tenant have his or her portion of current lease agreement renewed with a new third party. Here, a tenant decides to rent out either a room or whole property to a third party.
In other words, it is when an existing tenant lets all or part of their home to someone else who is known as a subtenant. However, tenants need permission before they can sublet an already rented apartment.
A sublet may also be used to refer to the sublease arrangement hence it is adding someone new to an existing apartment lease.
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What are 4 motivations of entrepreneurs?
People land in the entrepreneurial world for many reasons. In inspecting what ends up driving these entrepreneurs, researchers and observers locate four specifically sturdy motives: control, freedom, have an impact on and wealth (in alphabetical order.)
What are the 5 motivations?Through research with heaps of employees and leaders, we've discovered that there are five most important motivations that force people's actions at work; Achievement, Power, Affiliation, Security and Adventure.
What is the 4 gate mannequin of entrepreneurship?The unique e book about entrepreneurship and innovation, has the 4-Gate Model of Prosperity: the need for Preparation, Marketing, Execution and Self-Leadership.
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The 5 characteristics of a group is :
Size( A group is formed with at least two members), Goals, Norms, Structure & Roles.
Why a group is important?When several individuals or objects are present at the same time in one location, they are said to be in a group. Working in groups, the students tackle challenging issues. People who arrange themselves to work or act in concert because they have similar goals or interests are referred to as members of a group.You may share ideas and approach issues from many angles when you collaborate with others. By combining a range of abilities and knowledge to take on more complicated and substantial challenges in a group setting, you may undertake projects that you could not complete on your alone.Learn more about group refer to ;
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what is the ftc recommendation regarding choice as it relates to personally identifiable information (pii)? group of answer choices require robust notice only before pii is collected. require firms to allow consumers to opt-out before pii is collected. make collection of pii illegal. require firms to have consumers affirmatively opt-in before pii is collected.
The FTC's recommendation regarding consumer choice in relation to personally identifiable information is to make it mandatory for businesses to obtain customers' affirmative consent before collecting (pii).
How are personally identifiable (PII) data protected?Store delicate personal data safely when not in use in a closed desk drawer, filing cabinet, or other secure container. When using sensitive PII, make sure to keep it in a secure location that is only accessible to those with a need to know. At all costs, sensitive PII must never be faxed.
Personal identity numbers include things like Social Security Numbers (SSN), Passport Numbers, Driver's License Numbers, Taxpayer Identity Numbers, Patient Identification Numbers, Financial Account Numbers, or Credit Card Numbers. For a personal address, provide a street address or email address. personal interaction
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What is the most effective type of lobbying?
The best ways to lobby are through letters or in-person meetings, although phone conversations can also be successful. Calls on the phone can be particularly crucial for lobbying operations that must be completed quickly.
What are the three primary forms of lobbying?Forms for lobbying Depending on the subjects that organized interests support and the people they aim to sway, lobbying can take on a broad range of shapes. Direct campaigning, popular lobbying, plus electoral lobbying are Berry's three broad categories for diverse types of lobbying.
Which are a few instances of lobbying?discussion of a particular piece of legislation with lawmakers or their staff. creating or negotiating a bill's terms. chatting with lawmakers or staff about possible legislation's content.
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69. Advantages of ETFs over mutual funds include all but which one of the following?
A. ETFs trade continuously, so investors can trade throughout the day.
B. ETFs can be sold short or purchased on margin, unlike fund shares.
C. ETF providers do not have to sell holdings to fund redemptions.
D. ETF values can diverge from NAV.
ETFs have a benefit over mutual funds in that you can purchase and sell them whenever you want, as opposed to adhering to a fixed contribution schedule.
Join the Liberty Through Wealth e-letter below to get more information on the best ETFs A sort of vehicle called an ETF follows the performance of other assets. Depending on the fund's emphasis, ETFs might follow broad indices, a portfolio of stocks, commodities, and more. ETFs are widely available to buy and sell since they trade on exchanges under a ticker symbol. Higher expense ratios associated with actively managed ETFs can reduce return on investment. Due to volatility, leveraged ETFs have the potential to lose more money than they make. A mutual fund is what?
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Which of the four types of data analytics seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the optimal results possible?
The term "prescriptive analytics" refers to the type of analytics that aims to recognize what is happening and the expected forecast in order to make decisions that will result in the greatest performance possible.
What does prescriptive analytics entail?Prescriptive analytics is a sort of analytics where an organization or company examines diverse data to identify problems with decisions on any time horizon, from the present to the long term.
Prescriptive analytics examines both the present and the future to decide what will work best for the business and the production line.
As a result, it is determined that "Prescriptive analytics" is the appropriate choice in this instance.
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EX 6-13 Determining the amounts to be paid on invoices? Determining the amount paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight paid by seller Customer returns and allowances A.$27,000 ------- FOB destination, n/30 $4,500 B. 18,600 $475 FOB shipping point, 2/10, n/30 3,000 C. 8,400 ------ FOB shipping point, 1/10, n/30 700 D. 48,300 $900 FOB shipping point, 2/10, n/30 6,500 E. 33,00 ------ FOB destination, 1/10, n/30 -----
Based on the merchandising operation, we know that the total amount to be paid for each invoices are:
A: $22,500B: $15,763C: $8,098D $41,864E: $32,670On the merchandising operation, if the buyer choose the FOB destination, hence the product ownership will remain with the seller until the product reach the buyer location. Hence, the freight cost will be burdened by the seller.
However, if the merchandising occurs in FOB shipping point, then the product ownership will be owned by the seller right after the product being picked up by the delivery until it reach its destination. The buyer will be responsible for the freight cost in FOB shipping point.
The settlement calculation for each invoice are stated below.
Remember that the discounted amount should be calculated using the difference between merchandise and returns & allowances amounts.
Invoice AMerchandise = $27,000
Add: Freight = $0
Less: Return & Allowances = $4,500
Less: Discount = $0
Amount to be paid = $22,500
Invoice BMerchandise = $18,600
Add: Freight = $475
Less: Returns & Allowances = $3,000
Less: Discount = ($18,600 - $3,000) x 2% = $312
Amount to be paid = $15,763
Invoice CMerchandise = $8,400
Add: Freight = $475
Less: Returns & Allowances = $700
Less: Discount = ($8,400 - $700) x 1% = 77
Amount to be paid = $8,098
Invoice DMerchandise = $48,300
Add: Freight = $900
Less: Returns & Allowances = $6,500
Less: Disc = ($48,300 - $6,500) x 2% = $836
Amount to be paid = $41,864
Invoice EMerchandise = $33,000
Add: Freight = $0
Less: Returns & Allowances = $0
Less: Discount = ($33,000 - $0) x 1% = $330
Amount to be paid = $32,670
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carlos was in charge of running a one month campaign at his organization. if he's trying to determine which assets were the most valuable at generating leads and customers during that time, which attribution model should he use?
Carlos was in charge of running a one month campaign at his organization. if he's trying to determine which assets were the most valuable at generating leads and customers during that time, the attribution model he should use is time decay
What is time decay?
The rate at which the value of an options contract decreases over time is calculated as time decay. With less time to earn a profit from the deal, time decay quickens as an option's time to expiration approaches.
Therefore if Carlos was in charge of overseeing a one-month campaign. The attribution model he should employ is time decay if he wants to identify which assets were more effective at generating leads and customers at that time.
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What are the three 3 objectives of financial planning?
objectives of financial planning are identifying the investment, resource, and financial needs of the future. choosing the financial sources. efficient administration or use of these monies. locating plan's dangers and problems.
What does the phrase "financial planning" mean?In order for a company to fulfill its strategic goals and objectives, financial planning must be done. The Financial Plan is often developed by a corporation as soon as the vision and goals have been established. According to common usage, a financial plan is a thorough assessment of a person's present earnings and future financial condition that uses currently available information to forecast future earnings, asset values, and withdrawal schedules.
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when brite fabrics first began operations, it took six hours to make a coat in the workroom. today, that task takes three hours as more efficient sewing and patterning techniques have been introduced. this improvement in efficiency is an example of
According to the research, the correct answer is learning effects. When brite fabrics first began operations, it took six hours to make a coat in the workroom. Today, that task takes three hours as more efficient sewing and patterning techniques have been introduced. This improvement in efficiency is an example of learning effects.
What is learning effects?It is the relatively permanent modification of an individual's ability to perform a task, which is produced by the acquisition of knowledge as an effect of experience.
In this sense, it allows productivity to be increased and the time to carry out an activity decreases as more units of a product are produced.
Therefore, we can conclude that according to the research, Learning effects in the field of production due to the adoption of new knowledge strategies work times and costs are reduced.
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Aaliyah owns a small textile company that produces shirts. On a particular day, aaliyah has one worker come into the shop to make shirts. She must pay the worker $28 per hour and also pay $2 per shirt for material costs. The worker created an average of 4 shirts per hour and aaliyah's total expenses for labor and materials were $144. Write a system of equations that could be used to determine the number of hours the worker worked and the number of shirts the worker made. Define the variables that you use to write the system.
A system of equations that could be used to determine the number of hours the worker worked and the number of shirts the worker made is 28x + 2(4x) = 144
Let x be the number of working hours
She must pay the worker $28 per hour
So, Cost of labor for x hour = 28x
The worker created an average of 4 shirts per hour.
So, number of shirts produced in x hours = 4x
Cost of 1 shirt = 2
Cost of 4x shirts = 2 (4x)
Total expenses for labor and materials = 28x + 2(4x)
We are given that Aaliyah total expenses for labor and materials were $144
So, 28x + 2(4x) = 144
28x + 8x = 144
x = 4
Therefore a system of equations that could be used to determine the number of hours the worker worked and the number of shirts the worker made is 28x + 2(4x) = 144
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