Question1 Rania Question2 Cost of robotic arm=RMG 800‚000 (depreciated over 5 years) Worker’s salary in one month= 1000+500=1500per month Worker’s salary in 5 years= 1500*12*5=90‚000 per 5 years 800‚000/90‚000=8.88 workers. A robotic arm needs to be replaced by 8.88 workers. Notes: • Robots are highly reliable. • In BYD‚ defects during assembly for similar processes are lower than 1% of those that are using robots. • Using of manpower instead of robotic arms concurs with the low cost strategy
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All income (also called revenue) is recorded as a credit. All expenses and debt are recorded as debits. Asset accounts: Cash‚ bank‚ accounts receivable‚ inventory‚ land‚ buildings/plant‚ machinery‚ furniture‚ equipment‚ vehicles‚ trademarks and patents‚ goodwill‚ prepaid expenses‚ debtors (people who owe us money)‚ etc. Liability accounts: Accounts payable‚ salaries and wages payable‚ income taxes‚ bank overdrafts‚ trust accounts‚ accrued expenses‚ sales taxes‚ advance payments (unearned
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1. List the four sub-disciplines of anthropology and describe the contribution of each discipline to the study of human relations. The four sub-disciplines of anthropology are: Cultural Anthropology‚ Archaeology‚ Biological Anthropology and Linguistics. For each of the following concepts please provide a definition‚ a brief history‚ and provide examples and comments relating the concept to your own life and experiences Cultural Pluralism is a condition in which many cultures coexist within a
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1. Consider the equation F = DP/R. It describes the flow (F) of fluid in a tube in which there is a pressure difference (DP) between the two ends and a resistance (R) to flow. The equation indicates that(2.0 Score ) A.the flow of fluid from point A to point B in a tube depends upon the difference in pressure between A and B. B.the flow of fluid in a tube depends upon the absolute pressure at the beginning of the tube. C.the greater the resistance to flow in a tube‚ the greater the flow for any
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PSCAD simulation model is shown below figure‚ Definition of Transmission line AB Definition of Transmission line BC Definition of transmission line BD Comparison of voltages in each substation with the results got from Bewley Lattice Diagram and simulation results are shown in below‚ Substation A Substation B Substation C Substation D When we compare simulation results with the graphs we got using Bewley lattice
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QUESTION 1 What are the THREE (3) basic economic questions that all economies must answer? Describe the differences in the way capitalism and socialism answer these questions. Scarcity‚ Choices‚ Opportunity Costs We live in a finite world. No matter how seemingly bountiful the quantity of our natural resources may be or how carefully human try to conserve them‚ if we keep using them‚ they eventually are going to run out. Our tastes for goods and services are virtually limitless and this creates
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Economic Justice Between Classes We live in a country today misrepresented by its own peoples ’ perception. The consensus that we live in the greatest nation in the world is not so much a feeling of nationalism as it is a forgone conclusion in the minds of millions of Americans. What a great many of these millions do not realize is that they are the victims of a government set up by our founding fathers to uphold a class system based on a very unproportional distribution of wealth. As
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What Are Social Problems? Answer A social problem is a condition that at least some people in a community view as being undesirable. Social problems directly or indirectly affect a person or many members of a society and are considered to be problems‚ controversies related to moral values or both. A few examples of social problems include murder‚ drug abuse etc. A social issue (also called a social problem or a social situation) is an issue that relates to society’s perception of a person’s
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for Continuing Education (NGA-SCE) Internal Assignment for December 2014 Examination Course : Business Economics SEM : I Program : DSM / DBM / PGDBM /DHRM /PGDHRM /DMM/ PGDMM /DFM /PGDFM /DITM /PGDITM /DBFM / PGDBFM /DSCM /PGDSCM //DFPWM /DRM /PGDRM Assignment Marks: 30 Instructions: All Questions carry equal marks. All Questions are compulsory. Answer to each assignment question should not exceed 1500 words. Use relevant examples‚ illustrations as far as possible
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A. Introduction 1. What is economics? Economics is the study of how societies choose to use scarce productive resources that have alternative uses‚ to produce commodities of various kinds‚ and to distribute them among different groups. We study economics to understand not only the world we live in but also the many potential worlds that reformers are constantly proposing to us. 2. Goods are scarce because people desire much more than the economy can produce. Economic goods are scarce‚ not free‚
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