What cost concept was ford taking advantage of to produce

Assignment Help Econometrics
Reference no: EM13210335

In the early 2000s car makers began to design vehicles' chassis, engine, and transmissions so that different models could be produced on the same assembly line. Within the first year of implementing the plan, Ford cut production costs by $240 per car.

1. What cost concept was Ford taking advantage of to produce its savings?

Reference no: EM13210335

Questions Cloud

Explain what is the equilibrium concentration of fluorine : What is the equilibrium concentration of fluorine if the initial concentrations of bromine and fluorine were 0.111 moles/liter in a sealed container and no product was present initially?
Find the gauge pressure at a second point in the line : At one point in a pipeline, the water's speed is 3.00 m/s and the gauge pressure is 4.00×10^4 Pa. Find the gauge pressure at a second point in the line 11.0 m lower than the first if the pipe diameter at the second point is twice that at the first..
Determine the torsional buckling stress : determine the torsional buckling stress for the compression member if the length is 4m and cross section is the form shown. the ends are restrained such that there are not free to warp.given A:5646mm2 Ix:42.63Mmm4 Iy:14067Mmm4 E:210kN/mm2 G:80kN/m..
Explain treatment of x with ag : Treatment of X with Ag(NH3)2 (silver diamine complex), yields a solid Z. When X is treated with H2O/H2SO4, an optically active product W, C7H14O, is formed. Draw the structures of X, Y, Z, and W.
What cost concept was ford taking advantage of to produce : In the early 2000s car makers began to design vehicles' chassis, engine, and transmissions so that different models could be produced on the same assembly line. Within the first year of implementing the plan, Ford cut production costs by $240 per ..
Calculate the minimum flow rate : Calculate the minimum flow rate (m^3/hr) of river water needed to acheive pre cooling hot, pasteurized liquid prodcut assuming that 10% heat is lost to the surroundings during exchange and that the water temp after cooling should not exceed 25 deg..
Calculate the height above the waterline : A fully loaded, ocean going container ship is just stable about its longitudinal axis (roll). The ship has a total weight of 155,000 tons, length = 1,600 feet and a beam = 150 feet (assume that it is the shape of a rectangular box). Calculate the ..
Calculate expected value and standard deviation of variable : On hot, sunny, summer days, Jane rents inner tubes by the river that runs through her town. Based on her past experience, she has assigned the following probability distribution to the number of tubes she will rent on a randomly selected day.
What are the surface overflow rate : a rectangular clarifier with a length:width ratio of 3:1 receives a flow of 850m3/day. the clarifiers depth is 4.0m and the detention time of the water inthe clarifier is 2.4 hrs, what are the surface overflow rate and the horizontal flow through ..

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd