Answer:
The soft drink costs more when purchased in a can.
The can is $0.044 more per ounce than the bottle.
Explanation:
From the information in the question:
Price for a 12-oz can = 75 cents = $0.75
Price for a 2-liter bottle = $1.25
To find the cost per ounce for the can = $0.75 divided by 12
= $0.0625 per ounce
For the bottle:
Total ounces contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]
= 67.648 oz
Thus,
Cost per ounce for the bottle = $1.25 divided by 67.648 oz
= $0.0185 per ounce
Consequently,
The soft drink costs more in a can.
Price difference = $0.0625 per ounce - $0.0185 per ounce
= $0.044 per ounce
Therefore,
The can is $0.044 more expensive than the bottle.
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.
Answer:
This indicates a narrower competitive focus.
Explanation:
In a narrow competitive focus, a company might adopt a strategy centered around either cost leadership or differentiation. By employing a focus strategy, the business opts to produce goods or offer services aimed specifically at a particular customer segment. In a cost leadership approach, the firm could engage in activities that highlight its ability to provide the lowest price for its targeted audience. Conversely, in a differentiation approach, the firm finds its competitive edge in providing a broad array of products.
