When you convert 0.63 to a fraction which of the following could be the first step of the process

Answer:

equipment

Explanation:

Equipment refers to tools or machinery used in the production of other goods and services for sale. They are not consumables, nor are they meant for sale. Equipment is treated as assets of the business.

Payments for assets is not an expense.  Since the equipment will be used in many financial periods, its cost cannot be assigned to the purchase year alone. Payment for the equipment is treated as a capital or asset acquisition.

Answer:

The first graph represents the housing market with rent control fully in place.  In such a housing market, rent does not get out of hand before government intervention.

Explanation:

With the first graph, t the market could not reach the equilibrium point without the rent control stopping the market forces of supply and demand from exceeding a controlled price (rent).  It shows the effect of price control on the market dynamics.  With a control on the price (house rent by government), a certain price is imposed on the suppliers and consumers so that they do not go above the prescribed limit.  This is what obtains in a controlled economy.  On the other hand, in a free market, government does not intervene with control mechanisms, instead it allows the market forces to interact, enabling aggregate production and consumption of goods and services.

We need 5 Kanban card sets to meet the demand of 10 gauges per hour, with a lead time 2 hours and container size 5, and 20% safety stock requirements

To calculate the number of Kanban card sets needed, we will use the following formula: Number of Kanban card sets = (Demand × Lead Time × (1 + Safety Stock %)) / Container Size

Given the details in your question:
- Average demand: 10 gauges per hour
- Lead time: 2 hours
- Container size: 5 gauges
- Safety stock: 20%

Now let's plug these values into the formula:
Number of Kanban card sets = (10 gauges/hour × 2 hours × (1 + 20%)) / 5 gauges

First, calculate the safety stock factor: 1 + 20% = 1 + 0.2 = 1.2

Next, multiply demand, lead time, and safety stock factor:
10 gauges/hour × 2 hours × 1.2 = 24 gauges

Finally, divide the result by the container size:
24 gauges / 5 gauges = 4.8

Since we can't have a fraction of a Kanban card set, we round up to the nearest whole number. Thus, we need 5 Kanban card sets to meet the demand, lead time, and safety stock requirements.

To know more about demand refer here:

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