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What distinguishes pure and mixed strategies in production planning?
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The production of light when two substances are mixed might indicate that?
This is a chemical change.
This mineral is used in the production of steel. It may also be mixed with other minerals and used to color paint.?
Iron (Except Iron isn't a mineral. Iron is an element. The MINERAL and principal ore from which Iron is taken is GALENA.)
This mineral is used in the production of steel. It may also be mixed with other minerals and used to color paint?
Iron (Except Iron isn't a mineral. Iron is an element. The MINERAL and principal ore from which Iron is taken is GALENA.)
How are metal atoms in an alloy mixed?
they are not mixed
How is ochre and liquid are mixed?
how is ochre and liquid are mixed
Distinguish between pure and mixed strategies in production planninG?
Pure strategies use only one variable to absorb demand fluctuations. Mixed strategies involve two or more pure strategies.
What are the advantages and disadvantages of three pure strategies of aggregate planning?
The main advantage of aggregate planning is to keep costs (overhead) low or in-sync with stages of production. There are essentially three types of aggregate planning strategies, level, chase and mixed. Mixed is the method used most often as it is the easiest and involves the lowest costs. Chase is based on hiring and firing workers to match production and output, which is a major disadvantage as it tends to lower employee morale. The advantages are lower inventories and higher levels of employee utilization. Level is keeping a stable workforce and output, which are both advantages. The disadvantages are greater inventory costs, times of low employee utilization (idle time) and resources that vary over time.
An economy that exhibits elements of both capitalism and socialism?
None, as capitalism (classes, production for profit) and Socialism (no classes, production for use) are incompatible.
What is the difference a free market economy and a mixed economy?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
Is maintenance on production equipment a fixed variable or mixed cost?
fixed and variable
Why do socialist systems have mixed economies?
Socialism is not considered a mixed economy. Socialism is defined as a system based on public ownership of the means of production, self-management in enterprises, and production for use instead of production for private profit. There are two types of socialism: planned economies and market socialism. A mixed economy usually refers to a type of capitalism where the government intervenes in markets to affect economic outcomes, or engages in some minor indirect economic planning. Mixed economies are heavily capitalist: profit-driven enterprise is the dominant form of organization, most firms are privately-owned, and markets are still the primary way of coordinating the economy.
Economic problems for a mixed economy?
A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.
What does characterized by more government ownership and central planning mean?
mixed economy
What is the economy of the US called?
Mixed Economy
Describe the allocation of resources in market and mixed economic systems?
In a free market where the demand and supply of resources as return to factors are determined by market forces to determine the resource allocation usually owned by private Enterprise through price mechanism, although government control to some extent also determines the allocation of resources for auxiliary or subordinate production of goods and services in a mixed economic system by planning in the production possibilities by the scarce resource allocation .
Is the economy of Mexico agricultural or industrial?
It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.
What type of economy do the US have?
Capitalist: wages system, production for sale, class ownership of the means of production.
