Author Question: Which of the following would be a likely mathematical expression for Total Revenue? a. Total ... (Read 121 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
Which of the following would be a likely mathematical expression for Total Revenue?
 a. Total Revenue = Production Volume + Revenue per Unit
  b. Total Revenue = Profit  Production Volume  Revenue per Unit
  c. Total Revenue = Production Volume  Revenue per Unit
  d. Total Revenue = Total Variable Cost + Production Volume + Revenue per Unit

Question 2

In what ways can large production runs and high inventory levels adversely affect product quality?



wshriver

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

C

Answer to Question 2

By the time defects or errors are discovered, there may be an extremely large number of them. Also, due to the relatively long time that passes between the occurrence of defects/errors and their discovery, the process problem(s) that led to them may be difficult or impossible to identify and correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

For a complete list of videos, visit our video library