A part is produced in lots of units. It is assembled from 2 components worth ​$ total. The value added in production​ (for labor and variable​ overhead) is ​$ per​ unit, bringing total costs per completed unit to ​$. The average lead time for the part is weeks and annual demand is ​units, based on 50 business weeks per year. a. How many units of the part are​ held, on​ average, in cycle​ inventory? nothing units. ​(Enter your response as an​ integer.)

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

Which factor determines who a society will produce goods and services for?