For any two bundles of goods and/or services, a and b, if A is preferred to B, or B is preferred to A, or the consumer is indifferent between A and B, then it is a condition of an indifference curve for the consumer.
What is the significance of an indifference curve?An indifference curve can be referred to or considered as the curve represented on a graph with the purpose of showing a behavior of a consumer in which he or she views the available products in an economy equally.
Therefore, the significance regarding an indifference curve has been aforementioned.
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Staples offers quality customer service and its own brand of products to establish a:________
Staples offers quality customer service and its own brand of products to establish a competitive advantage.
What are the pillars of excellent customer service?The top suppliers base their companies on the following five pillars:
a) Putting people ahead of systems.
b) Paying attention to customers.
c) Caring and going above and above.
d) Employees who feel empowered.
Essentially, the three key components of good customer service "P"s are professionalism, patience, and a people-first mindset. Although every consumer has different expectations, as long as you abide by these rules.
You must welcome consumers and speak to them in a way that is natural and appropriate for the given circumstance if you want to develop strong customer connections. Demonstrate to them that you are aware of their demands.
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Within the 4e framework for social media, the ultimate goal of a firm is to ______ the customer. multiple choice question. excite
Within the 4E framework for social media, the ultimate goal of a firm is to engage the customer.
What are elements of the 4E framework?
A 4E framework of social media marketing consist of : educate, empower, entertain and engage. Each one lets to sell consumers on your product or service by a different means.
What is the purpose of social media?
Billions of people around the world connect social media to share information and make connections. On a personal view , social media advantages to communicate with friends and family, learn innovative things, enhance your interests, and to be entertained.
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Both china and india have achieved high growth rates despite relatively weak property rights regimes and high levels of corruption, because of?
Because of the two-way relationship between growth and inequality, both China and India have seen rapid economic growth despite having weak property rights laws and significant levels of corruption.
What does this mean?
It is impossible to establish whether such proportional development was conceivable because of the intricate, two-way interaction between inequality and growth. Even then, it might have come at the expense of faster growth. The reduction in poverty may have been less than the high but relatively uneven growth experiences of each country if the growth rate had sufficiently slowed.
Income inequality does not appear to affect the growth opportunities after controlling for starting asset inequality, including that of land and education.
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An enterprise resource planning system integrates all functions of the enterprise. true false
It is a true statement that the enterprise Resource Planning system integrates all business processes and functions into a single software system, using a single database.
What is an enterprise resource planning system?
This system involves the processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management etc. At its most basic level, the enterprise resource planning system software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The ERP system components are:
FinancialsHuman resourcesProcurement and logisticsProduct development and manufacturingSales and servicesAnalyticsRead more about ERP system
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Answer: True
Explanation:
The slope value is always the same at every point on a budget line but can be different at various points on a production possibilities frontier.
a. true
b. false
The slope value can vary at different places along a production possibilities frontier, but it is always the same at every point along a budget line.is True.
meaning
In mathematics, slope, also known as gradient, is a term used to describe the steepness and direction of a line or a segment of a line that connects two points. It is typically represented by the symbol m. The absolute value of a line's slope, m, is typically used to determine how steep it is. The line becomes steeper as the value increases. Based on the sign and value of m, one can deduce the direction of the line that m describes:
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If the contribution margin ratio is 50%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?
If the target operating income is $30,000, the contribution margin ratio is 50%, and $300,000 in sales revenue is required to reach the target operating income.
S- VC= CM - FC = P
.52(300,000) - FC = $30,000
150,000 - FC = $30,000
120,000 FC (150 000 - 30,000) represents the total fixed costs.
Defined Fixed Expenses
Making accurate financial budgets with the aid of cost and expense calculations.
Any expense that is constant throughout time, such as rent or mortgage payments, utility bills, and loan payments, is referred to as a fixed expense. Although the amounts may vary slightly—as with utilities—you are aware that they are regularly due.
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Differential cost is blank______. multiple choice question. the same as opportunity cost
Differential cost is also called the incremental cost. The overall expense incurred as a result of producing an extra unit of a product is known as an incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the production process, such as raw materials.
Knowledge of Incremental CostSince incremental costs are the expenses spent while producing an additional unit, they wouldn't exist if production stayed the same. Typically, incremental costs are less expensive to manufacture than unit average costs. Variable costs, or costs that vary with production levels, are always a part of incremental costs. Incremental expenses could consist of the following:
Raw materials, including stockUtilities, such the extra electricity required to power the apparatusWages or production-only direct labor, not including indirect laborPacking and shippingTo know more about " Incremental Cost" , visit : https://brainly.com/question/25811981
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Days is the only time unit a firm can use to measure inventory in terms of supply. True or false
Days are the only time unit a company can use to measure inventory in terms of supply. false
Which process metric is equal to days of supply?The Inventory Days of Supply metric is an efficiency ratio that's usually understood as Days in Inventory, the Inventory Period, or Days Inventory Outstanding. It is used to measure the intermediate time – in days – it takes for a business to sell its entire inventory.
Inventory days of collection refer to an efficiency ratio measuring the average amount of time in days that a firm or warehouse keeps inventory before selling or shipping it.
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One of the widely acknowledged problems with using the consumer price index as a measure of the cost of living is that the cpi.
One of the widely-acknowledged problems with the consumer price index (CPI) as a measure of the cost of living is that the CPI: that it fails to account for the introduction of new goods.
Households are very different and a few may spend plenty more on certain items than others. The CPI overstates the burden of inflation on households because households can substitute cheaper goods for costlier goods when prices increase. The CPI understates the particular burden of inflation because the worth changes are thanks to quality improvements.
The most important problems with CPI include substitution bias, new items added to the basket of products, and quality changes in goods. Economists often recognize these issues and try to explain or remove these problems from the computation.
For example, the CPI-U is intended to raise inflation for the U.S. urban population and thus might not accurately reflect the experience of individuals living in rural areas. The CPI doesn't produce official estimates for the speed of inflation experienced by subgroups of the population, like the elderly or the poor.
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What is mydeco's market capitalization at the end of each year? b. what is mydeco's market-to-book ratio at the end of each year? c. what is mydeco's enterprise value at the end of each year?
(a) At the conclusion of each year, the market capitalization of Mydeco is calculated using the formula below:
in the year 2012 2013 2014 2015 2016
Shares Outstanding (millions) 55 55 55 55 55
Mydeco Stock price 7.92 3.3 5.25 8.71 10.89
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
b. The following formula is used to determine the Mydeco's market-to-book ratio at the conclusion of each year:
Market-to-book ratio = Market capitalization/Stockholders equity
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
Stockholders equity 252.7 250.3 251.2 258.5 273.7
Market-to-book 1.72 0.73 1.15 1.85 2.19
c. The following formula is used to determine the enterprise value of Mydeco at the end of each year:
Enterprise value = Market capitalization - Cash + Long term debt
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
Cash 48.8 68.9 86.3 77.5 5
Long term debt 500 500 575 600 600
Enterprise value 886.80 612.60 777.45 1001.55 1193.95
What is market capitalization?Market capitalization is a measure of the market value of a company's outstanding shares. It refers to the total amount of money that is invested in a company by investors throughout the world. This figure is used to determine an entity's rank among all other companies on the stock market.
Market capitalization can be measured in two ways: as well as total price or float (the number of shares available for sale), and as compared to book value . Market capitalization reflects how much ownership investors have in a given company.
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governments and nonprofit entities are similar in many ways. which of the following statements is not true?
The statement is true. Governments and nonprofit entities are similar in some ways.
Government organization surpass government and have a service motive. Where as Non-profit organization even have service motive to produce best servicers to each people. These both organization have a transparent no profit motive. Similarities in both the organizations are
Neither governments nor nonprofit entities have a profit motive. Both governments and nonprofit entities provide services. Both governments and nonprofit entities assess taxes. Both governments and nonprofit entities often report restricted resources.Therefor the statement is true that government and Non-profit organizations are similar in some ways.
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Suppose the value of income elasticity of demand for a private college education is equal to 1.5. this means that?
Answer:
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suppose the value of income elasticity of demand for a private collage education is equal to 1.5 this means that a. every 1$ increase in income provides an incentive for a $1.50 increase in expenditures on private college education. b. every $1.50 increase in income provides an incentive for a $1 increase in expenditures on private college education. c. a 10% increase in income causes a 15% increase in the quantity of private college education purchased d. a 15% increase in income causes a 10% increase in the quantity of private college education purchased e. a 10% decrease in private college tuition will have a large enough income effect to increase spending on private college education by 15%
What discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders?
The innovator's dilemma discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders.
What is innovator's dilemma?Clayton Christensen, a Harvard professor and entrepreneur, is best known for his 1997 book The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. It develops the idea of disruptive technologies, which he first used in the article Disruptive Technologies: Catching the Wave from 1995.
It describes how large incumbent companies lose market share by paying attention to their customers and offering products that seem to be of the highest value, whereas new companies that serve low-value customers with underdeveloped technology can improve that technology gradually until it is good enough to quickly take market share from established businesses.
To avoid being surprised and surpassed by upstart competitors, Christensen advises established organizations to create lean, agile departments that try to duplicate this phenomenon within.
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A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by _____.
A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by $100,000
This is further explained below.
What is a balance sheet?Generally, A balance sheet is a snapshot of an individual's personal or organization's financial balances.
It does not matter if the person or company is a sole proprietor, the main contract, a corporate entity, a limited liability company, or another type of organization such as an authority or otherwise entity; a balance sheet will contain this information.
In conclusion, According to a pro forma balance statement, the total assets will grow by $300,000. If there is to be no change in the debt-equity ratio of 0.5, then the debt level must rise by $100,000.
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Jessica's bank contains 18 quarters and dimes, of which q is quarters. find the total value of the coins in dollars
The total value of the coins in dollar is 0.15q+1.8 dollars, Therefore, the correct answer is 0.15q+1.8 dollars.
What is algebra?
The area of mathematics known as algebra is used to portray situations or problems using mathematical expressions. In algebra, we utilize integers with fixed or definite values, such as 2, 7, 0.068, etc. In algebra, we combine integers with variables like x, y, and z.
Main Content
Jessica's bank contains 18 quarters and dimes, of which q are quarters.
Then (18-q) = no. of dimes
Find the total value of the coins in dollar
0.25 q + 1.8 − 0.1 q
= 0.15 q + 1.8 0.25q+1.8-0.1q
= 0.15q+1.8 0.25q+1.8−0.1q
= 0.15q+1.8 dollars
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What are the steps needed to reformulate a traditional balance sheet to calculate invested capital?
According to the Question,
The invested capital is not provided by a typical balance sheet, thus it must be reformed in the manner shown below.
Add up every asset, including current and fixed assets as well as intangibles.Subtract operational obligationsThe invested capital is the net balance. The formula Assets = Liabilities + Equity serves as the foundation for the conventional income statement model. Long-term and short-term liabilities make up the liabilities.Alternatively,
To obtain net working capital, add current assets and subtract operational liabilities.Include intangibles and other fixed assets.The entire amount is invested capital.To Learn more about Invested Capital, Click the links.
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Supply is defined as the _____ over a particular time period at various prices, holding all other relevant factors constant.
Supply is defined as the maximum amount of a product that sellers are willing and able to provide sale over some time period at various prices, holding all other relevant factors constant.
What is supply?Supply is the total amount of goods or services that a seller or producer is willing and able to sell at various prices. In line with the law of supply, it is expected that there would be a positive relationship between price and supply.
This means that as price increases, the supply increases. When price declines, the supply decreases. This is the reason why the supply curve slopes upward.
Here is the complete question:
Supply is defined as: al the minimum amount of a product that sellers are willing and able to provide a) for sale over some time period at various prices, holding all other relevant factors constant. the minimum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that sellers are willing and able to provide d) for sale over some time period at various prices, holding all other relevant factors constant.
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The potential for gains from the rearrangement of production among countries is due to.
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
What is Diffrering opportunity Costs?
The cash flow in price formation is the value or benefit forfeited by choosing one work over another. It simply implies that by choosing one profession, you are discontinuing the opportunity to pursue another.
Therefore,
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
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In the context of a database marketing campaign, _______ tells a business how much it should spend to maintain a relationship.
The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in a database marketing campaign.
What is a Customer lifetime value?
A customer lifetime value guides to a ratio that tells about the total revenue that a business can politely expect from a single client.
Hence, the customer lifetime value enables the firm to know valuable customers which allow to know who to minister most importantly.
Therefore, the Option C is correct
Database marketing is a methodical approach to the community, consolidation, and processing of client data.
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If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company (mark all that apply):
If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company Imitate the winning tactics of competitors.
What is sustainable competitive advantage?A group of resources, traits, or skills that enable an organization to outperform its rivals in satisfying the needs of its customers are known as sustainable competitive advantages. Competitive advantages that last over time are challenging to imitate or replicate.
What do we excel at in our market? is answered by sustainable competitive advantages.
The solution generates a collection of 1-2 long-lasting, distinctive strengths that a customer values.
What you, your business, or your department do better than anyone else constitutes your competitive advantage. The term "sustainable" refers to your capacity to carry out those actions over an extended period of time. And yes, you can acquire advantages as well as have multiple advantages. You don't have to own them all right away, though.
Thus, following the winning strategies of competitors can surely be beneficial.
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An advantage that bureaucrats in federal government have over the president in the policymaking process is that bureaucrats.
The correct answer is option 3. They usually have a continuity of service in the executive branch that the President lacks.
The federal bureaucracy is the creation of Congress and the president. However, agencies autonomously set policy and exercise power. They legislate through rulemaking, carry out their missions through implementation, and resolve conflicts by listening to grievances, pursuing cases, and making decisions.
When formulating policies, bureaucrats have one major advantage over the president: They typically have a continuity of service in the Executive branch that the President does not.
The modern bureaucracy has several benefits, including:
It is relatively shielded from the whims of the President, and many of its bureaucrats are not appointed by politicians.The majority of bureaucrats are experts in their fields.There are fewer bureaucrats per person in the United States than in other industrialized countries.Red tape is unbiased and might possibly assist maintain fairness.Read more about Bureaucracy:
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An advantage that bureaucrats in the federal government have over the President in the policymaking process is that bureaucrats
1. control the budgetary process
2. have an independence from the President that is guaranteed by the Constitution
3. usually have a continuity of service in the executive branch that the President lacks
5. have better access to the media than the President
The flow rate for a process should be greater than the demand rate. True or false
The statement is False because, the flow rate must not be higher than the demand rate. 26. The process is confined if the capacity is 100 units per hour and the consumers' demand is 80 units per hour.
What is Flow Unit?
The flow rate or throughput, inventory, and flow time are the three most crucial performance indicators of a business process. The phrase "flow unit" will be utilized frequently in the definitions that follow. The fundamental analytical unit in any given situation is a flow unit (customer, sandwich, phone call etc.).
Flow time, also known as total processing time, is the amount of time a flow unit invests in a business process from start to finish. The flow time is equal to the length of the longest path if there are many paths through the process.
The number of flow units—such as clients, cash, or goods or services produced—that pass through the business process in a given amount of time, such as the number of clients serviced per hour or the number of components manufactured per minute. The flow rate is typically average.
Inventory is the total number of flow units that a business operation is currently handling, such as the total number of customers in a store or students enrolled in a university.
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Suppose that 0.8 million currently unemployed workers decide to no longer actively look for work. what is the unemployment rate in this economy now?
Let's say that 0.8 million people who are currently unemployed decide to stop seeking jobs. The unemployment rate in this economy is 5.62%.
How much is unemployment?The proportion of the working population without a job is known as the unemployment rate. It is a lagging indicator, thus rather than predicting changes in economic conditions, it typically rises or decreases as a result of them.
The unemployment rate is likely to increase if the economy is weak and there are few available jobs. It is normal to expect it to decrease when the economy is expanding healthily and there are plenty of available jobs.
What Is a Sufficient Rate of Unemployment?
Because lower rates might be viewed as inflationary due to pressure on wages from price increases, low unemployment is not regarded as beneficial. High unemployment rates are not thought to be good, though, as they may put financial pressure on consumer spending.
Although there is no universal agreement on what defines healthy unemployment, most experts believe that unemployment rates between 3% and 5% are optimum.
Calculation:
(Unemployed-0.8)/(labor force-0.8) x 100 = 8.50/151.20*100 = 5.62%.
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Abc company reported net income of $50,000 and was required to pay preferred stock dividends of $10,000. net income available to common shareholders is:__________
Net income available to common shareholders is:$40,000
What is net income available to common shareholders ?
The net income available to common shareholders means the amount of earnings which of the company from the net income, which exclusively belong to the common shareholders from which common dividends and also retained earnings, since not all earnings belonging to common shareholders are paid as dividends, there is need to retain some and reinvest in the company.
The net income available to common shareholders is the net income of the company minus the preferred stock dividends
net income available to common shareholders=net income-preferred stock dividends
net income=$50,000
preferred stock dividends=$10,000
net income available to common shareholders=$50,000-$10,000
net income available to common shareholders=$40,000
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When calculating the balance of the sales revenue account, you find that the balance is lower than expected. However, according to your balance sheet and your analysis of the accounting equation, all of your debits and credits are equal across accounts. What is the most likely explanation for this?.
A sales transaction was never added to the ledger or financial records because you neglected to enter it in the diary.
The assets made by a company's operations and business activities are its revenues. To put it another way, revenues comprise the money or receivables a business receives from the sale of its products or services. The income account has a credit balance and is an equity account. Therefore, a credit to the revenue T-account results in a rise in the account balance. The enlarged accounting equation demonstrates how revenues raise equity. Because revenues or income are often only created, unlike other accounts, revenue accounts are rarely debited. A business seldom has its income taken away. Only when items are returned and purchases are reimbursed does the revenue account be deducted. The initial transaction is voided in this situation, thus the recorded sale must be reversed.
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The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called?
The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called dumping
This is further explained below.
What is the product?Generally, The thing that is being put up for sale is referred to as the product.
A product could refer to either an item or a service. It may take the shape of anything tangible, virtual, or cyber.
Every item has a price tag attached to it since it must be paid for during production.
The price that may be asked for anything is contingent on a number of factors, including the market, the quality, the marketing, and the demographic that is being targeted.
In conclusion, The act of selling a product in other nations at a price that is lower than the price at which the item is offered in the country that produces the good is referred to as dumping.
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Occasionally, _________________ may lead to pure monopoly; in other market conditions, they may limit competition _________________ . group of answer choices
Occasionally, barriers to entry may lead to pure monopoly; in other market conditions, they may limit competition to a few oligopoly firms
Do barriers to entry exist in a pure monopoly?Due to entrance restrictions that deter prospective rivals, firms acquire monopolistic power. Barriers to entry, or conditions that make it difficult or impossible for potential competitors to participate in the market, give monopolies their market strength.
The four main elements of monopoly are: (1) a single business controlling the entire output of a market; (2) a distinctive product; (3) barriers to admission and departure from the industry; and, frequently (4) specialised knowledge about production methods that are not available to other potential producers.
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The value that real estate appraisers generally estimate is market value which is synonymous to?
The value that real estate appraisers generally estimate is a market value which is synonymous with the most probable selling price.
The selling price of a good or service is the final cost to the seller or what the buyer actually pays. A commodity or service in a specific amount, weight, or measurement can be exchanged.
The selling price is one of the most crucial things for a business to decide. It is significant since it determines whether or not it will survive. Its price directly impacts sales of a product. That price might be set at a minimum, maximum, or average of the two.
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Highly suspect corporation has current liabilities of $424,000, a quick ratio of 1.30, inventory turnover of 4.40, and a current ratio of 3.20. what is the cost of goods sold for the company?
$3,115,770 is the cost of goods sold for the company.
What are goods ?In economics, "goods" are things that fulfill human needs and provide utility, such as to a customer buying a fulfilling product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished.
When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.
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In a dbr system, the mechanism that controls the rate at which the bottleneck dictates the throughput of the entire plant is called the.
In a DBR system, the mechanism that controls the speed at which the bottleneck dictates the throughput of the entire plant is called the rope.
the DBR system also referred to as the Drum- Buffer -Rope is the theory of constraints organizing process mainly focused on increasing flow by leveraging and identifying the system constraints.It was used in Dr. Goldratt's The Goal to narrate a story of a plant manager. Here the drum is that the constraint, and therefore the capacity constrained resource, which limits the output, whereas the buffer out here is that the measure in time, is that the measure for the amount of work done in time, where the quantity of work is controlled by the rope. The Rope is that the way we control the release of the work , if the constraints set the pace, the drum beat for the full operation, after whihc the work is released at the speed so the constraints can consume it, which in simple words are often said the Rope buffers drum.
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