Job shops are characterized as small-scale and flexible; in contrast, continuous processes are large-scale and rigid. Job shops are small manufacturing entities that create specific, customized products in limited quantities, often with unique setups that complicate cost estimation. Continuous processes entail a streamlined production flow without interruption, yielding larger quantities simultaneously rather than in batches, necessitating advanced control systems.
Here are some strategies that Apple should implement to guarantee widespread use of Apple Pay -
i) Encourage more merchants to accept it by educating them and providing devices at low costs
ii) Expand support across various platforms so that users of different devices can access Apple Pay services
iii) Boost visibility by collaborating with additional e-commerce platforms and applications
Answer:
8.66%
Explanation:
The calculation for the real rate of return is displayed below:
Real rate of return = {(1 + nominal rate of return) ÷ (1 + inflation rate)} - 1
= {(1 + 11.65%) ÷ (1 + 2.75%)} - 1
= {(1.1165) ÷ (1.0275)} - 1
= 1.086 - 1
= 0.0866 or 8.66%
By applying the formula where the numerator is the nominal rate of return and the denominator is the inflation rate
