According to W. D. Ross's theory, we have various moral duties that can't be reduced to a single, overarching obligation. The correct option is D) we have various moral duties that can't be reduced to a single, overarching obligation.
Ross introduced the concept of prima facie obligations, which are duties that are not absolute and can sometimes be overridden by other duties in specific circumstances. This idea contradicts option A, which states that a prima facie obligation is absolute and can never be overridden.
Ross's theory emphasizes that what we should do in any specific set of circumstances will not always be self-evident, opposing option B. Instead, we must carefully consider and weigh the different prima facie duties that apply in a given situation to determine the right course of action.
Finally, Ross's theory does not universally support or reject the notion that it would be wrong to lie to a murderer even to save the life of a friend, as stated in option C. Instead, Ross would argue that we must weigh the relevant prima facie duties, such as the duty to be honest and the duty to protect others, to determine the most appropriate action in that particular situation. The correct option is D) we have various moral duties that can't be reduced to a single, overarching obligation.
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Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency
The reasons why producers choose to specialize are:
to gain a comparative advantageto increase efficiency.What is specialization?Specialization is when a producer concentrates on the production of some particular goods and services.
Advantages of specialisation
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Answer:
B and E
to gain a comparative advantage
to increase efficiency
Explanation:
EDGE
1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
carter company purchases store supplies for $2,700, paying 20% of the amount due in cash and agreeing to pay the balance at a later date.
Carter Company makes a cash payment of $540 and has a remaining balance of $2,160 to be paid at a later date is the answer.
Based on the data given, Carter Company buys store supplies for $2,700. They make a cash instalment of 20% of the sum due and concur to pay the remaining adjust at a later date.
Let's break down the transaction:
Total Purchase Amount: $2,700
Cash Payment: 20% of $2,700
Cash Payment = $2,700 × 0.20
Cash Payment = $540
Remaining Balance: Total Purchase Amount - Cash Payment
Remaining Balance = $2,700 - $540
Remaining Balance = $2,160
Therefore, Carter Company makes a cash payment of $540 and has a remaining balance of $2,160 to be paid at a later date.
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When a hotel does not fill a room and therefore the sale of that room on that day is lost forever, that refers to...
a.) product services-mix length
b.) seasonability
c.) perishability
d.) productservices-mix width
e.) tangible
Answer:
c.) perishability
Explanation:
The term perishability is used in marketing to describe the inability to keep or store services for sale in the future. Services are intangible and by nature. Once a service has been performed, it is deemed to have been consumed and cannot be returned or resold.
Once a service is offered, and the customer does take up the offer, it cannot be stored or kept for sale at a later date. If a hotel room is not booked for a particular night, the room does not generate any revenues for that night. The hotel cannot store the room services for that night and offer them to customers any other time. The inability to preserve a service for sale at a later date is what marketers refer to as perishability.
19. You buy lunch every day of the week at a local café. What is MOST LIKELY true about this purchase?
There is no other alternative option to making this purchase each day.
This is a small purchase, so it makes no effect on your financial situation.
This purchase is a necessity because you have to eat lunch every day to survive.
↓
This is a small purchase, but it adds up over time to affect your financial situation.
This is a small purchase, but it adds up over time to affect your financial situation.
Help need ASAP!
Anita wants to start an online business and not use her real name. What type of form will Anita need to complete when opening a business?
A. Franchise
B. DBA (doing business as)
C. Trademark
D. Corporation
Answer:
C. Trademark
Explanation:
.
The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
The two components of aggregate expenditures in a private closed economy are ______,
Multiple choice question.
consumption and gross investment
international trade and government spending
gross investment and international trade
consumption and net investment
consumption and international trade
The two components of aggregate expenditures in a private closed economy are consumption spending and planned investment spending .
What is an open private economy?
Model for total expenditures. An open economy that is privately owned but not publicly traded is known as a private open economy. government outlays. The sum of money that businesses want to invest.
invested as planned. Brazil is the most closed economy in the world and imports the least quantity of goods globally when compared to its GDP.
What distinguishes a closed private economy from an open one?
One that has no exchanges with other economies on the planet is said to have a closed economy. None of these exist, including money flows, imports, or exports. An economy that openly communicates with other economies throughout the world is said to be open.
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What might be an advantage of using credit
If my dad goes to get milk and doesn't come back for more than two months later after I get my d1 offer what do I do. Be serious lol
Answe
I cant really help because my dad got cigars and hasnt come back for 6 months
Explanation:
Answer:
I DONT KNOW
Explanation:
I TGHINK HE LEFT YOU BC U LIKE STEALING POINTS IM CONTACTING BRAINLY
Thomas earns $ per year. What retirement plan Thomas should consider under the following circumstances? a. He works for a large private firm. b. He works at a university. c. He owns a small firm with employees. a. He works for a large private firm. Which is the best selection? (Select the best answer below.) A. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). B. Thomas should consider the 401(k) plan. C. Thomas should consider the 403(b) plan. b. He works at a university. Which is the best selection? (Select the best answer below.) A. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). B. Thomas should consider the 401(k) plan. C. Thomas should consider the 403(b) plan. c. He owns a small firm with employees. Which is the best selection? (Select the best answer below.) A. Thomas should consider the 403(b) plan. B. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). C. Thomas should consider the 401(k) plan.
Answer: See explanation
Explanation:
a. He works for a large private firm.
In this case, he should consider 401(k) plan since he works for a large private firm.
b. He works at a university.
In this case, he should considered the 403(b) plans. The 403(b) plan, is the retirement plan for staffs of public schools and this will be suitable for him in thus scenario.
c. He owns a small firm with employees.
In thus case, the SEP and SIMPLE plans should be considered as they're both are offered by small firms that has few employees.
value proposition is a collection of product and service feature that is both attractive to customers and different than competitor's offerings. is the statement true or false?
The statement "Value proposition is a collection of product and service feature that is both attractive to customers and different than competitor's offerings" is true.
What is a Value Proposition?
A value proposition is a statement that explains what your product or service has to offer to customers, how it benefits them, and how it is unique or superior to competing solutions. The purpose of a value proposition is to persuade potential customers that they should buy from you rather than from a competitor.
The value proposition provides a summary of the company's overall purpose and target audience, as well as the specific goods or services that are being provided.
Customers must be persuaded to choose your product over the competition's, and the value proposition must describe why your product or service is a superior choice.
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what would happen is the us and uk have fixed echange rates but the us has 10% more inflation than the uk
If the US has 10% more inflation than the UK and the US and UK have fixed exchange rates, then the US goods and services will become relatively more expensive compared to those of the UK. This will result in a decline in US exports to the UK, and an increase in imports from the UK to the US. As a result, there will be an increase in demand for the UK currency, and a decrease in demand for the US currency.
To maintain the fixed exchange rate, the US central bank will have to sell its reserves of UK currency in exchange for US currency. This will lead to a decrease in the supply of the UK currency, and an increase in the supply of the US currency, which will put downward pressure on the value of the US currency relative to the UK currency. This will continue until the exchange rate reaches the predetermined fixed rate.
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he annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. Round your answers to the nearest cent. If an amount is zero, enter "0".
If an employee's salary is up to $128 000, the FICA tax is 7.65%; if it is more than $128 000, it is 1.45%.
$ 9792 plus $ 823.60, or $ 10,615.6, is the total FICA tax. If an employee's salary is up to $128 000, the FICA tax is 7.65%; if it is more than $128 000, it is 1.45%. Suppose her monthly pay is $7,700 and the FICA tax rate is 7.65%. This is $15,400. Her annual pay is $15,400 times 12 to equal $184,800, which is more than $ 128,000. Therefore, the Fica Tax would be equal to: $ 9792 = 128,000 * 7.65% And 1.45 % 0f (184,800- 128,00) (184,800- 128,00). $ 56,800= $ 823.60. $ 9792 plus $ 823.60, or $ 10,615.6, is the total FICA tax. based on FICA. the following taxes must be withheld in the following manner from the employee: Social Security Tax, 6.2%. Medicare Tax of 1.45%. 6.2% + 1.45% = 7.65% is the total percentage to be withheld. So, $5800 multiplied by 7.65% equals $443.70, which must be held back from Matti.
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Which situations offer examples of Banking and Related Services workers? Check all that apply.
Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.
Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.
What are Banking and Related Services workers?The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.
An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.
They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.
Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.
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Answer:here the answer for this question
Explanation:edge2023
What do i start my first body paragraph on how roller coasters apply to newtons first law?
Answer:
Have you ever rode a rollercoaster before? Newton’s first law, The Law of Inertia, applies to these rollercoasters without you even knowing! The Law of Inertia states that whatever stays at rest remains at rest. When you first board a rollercoaster, it remains at rest and does not move unless a force is applied like when the rollercoaster is moving up a high slope called lift hills.
Explanation:
Which of the following is a characteristic of economic services:
A) tangible
B) freely available to everyone
C) useful
D) non-transferable
Answer:
useful
Explanation:
i got it from USA test prep
Trinity Ltd. wants to obtain debt financing to fund its expansion. What are the different sources from which it can raise this fund?
A. common stock and commercial banks
B. common stock and insurance companies
C. stock brokerage firms and insurance companies
D. preferred stock and stock brokerage firms
Answer:
The correct answer is C.) Stock Brokerage Firms and Insurance Companies
Explanation:
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of the following types of work would a company be most likely to preform through outsourcing?
A) Long- term work that requires close supervision
B) A consistent, predictable amount of work
C) Important tasks that the company wants control over
D) Specialized work that doesn’t require much supervision
Answer:
The answer is D.
Explanation:
Got it right on edg
The following types of work would a company be most likely to preform through outsourcing: Specialized work that doesn’t require much supervision. Thus option (D) is correct.
What is a company?A company is a legal entity formed by a group of people, known as shareholders, to conduct business. It is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own property in its own name.
The primary goal of a company is to generate profits for its owners, but it can also have other objectives such as providing goods and services to customers, creating jobs, and contributing to the community.
The specialized work that doesn’t require much supervision would a company be most likely to preform through outsourcing. Therefore, option (D) is correct.
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What is true about single parent families? They face less stigma than nuclear families. They typically experience a higher income than nuclear families. They can have less conflict after a divorce than before one. All of the above
Answer:
They can have less conflict after a divorce than before one.
Explanation:
They can have less conflict after a divorce than before one" is the best option from the list since most of the conflict of divorce happens with couples, but this is not always true.
Which type of savings account offers the best intrest rates
Here are the best online savings account interest rates
Ally Bank – APY: 1.15%, min. ...
American Express National Bank – APY: 1.15%, min. ...
Popular Direct – APY: 1.15%, min. ...
Citibank – APY: 1.01%, min. ...
CIT Bank – APY: up to 0.70%, min. ...
Vio Bank – APY: 0.60%, min. ...
PurePoint Financial – APY: 0.40%, min.
Which person's unemployment is an example of frictional unemployment?
А
a rocont collogo graduato who is sooking to enter the workforce for the first timo
B
a factory worker who was laid off during a recession in order to cut operating costs
a retail salesperson who is looking for work after a period of seasonal employment at a departmen
D
an inexperienced computer programmer who lacks the human capital sought after by employers in
Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
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What accounts are affected. issued check $644 to pay for an advertisement
Answer:
Bank and Advertisement accounts
Explanation:
Journal entries
Advertisement A/c Dr $644
To Bank A/c $644
(Being advertisement expenses made by cheque)
Bank and Advertisement accounts are affected
John is trying to decide on how many copies of a book to order at the start of the upcoming selling season for a bookstore. The book retails at $28.00, and the unsold copies will be disposed at 75% off the retail price at the end of the season. John estimates that demand for this book during the season is normal with a mean of 100 and a standard deviation of 42.
(a) Suppose the unit production-plus-shipping cost of the book is $8.00. If the bookstore is owned by the publisher (i.e., the bookstore and the publisher are centralized) and John is the manager of the bookstore, then how many books should John order to maximize the expected profit of the publisher? [10 pts]
(b) If the bookstore is owned by John and he purchases the book from the publisher at $20.00, then how many books should John order to maximize his own expected profit? [10 pts]
Suppose John owns the bookstore. The publisher is thinking of offering the following deal to John. At the end of the season, the publisher will buy back unsold copies at a predetermined price of $15.00. John would have to bear, however, the cost of shipping unsold copies back to the publisher at $1.00 per copy.
(c) How many books should John order to maximize his expected profits given the buyback offer? [10 pts]
(d) Suppose the publisher continues to charge $20 per book and John still incurs a $1 cost to ship each book back to the publisher. What price should the publisher pay John for returned books to maximize the supply chain’s profit? [10 pts]
(a) Suppose the unit production-plus-shipping cost of the book is $8.00. If the bookstore is owned by the publisher (i.e., the bookstore and the publisher are centralized) and John is the manager of the bookstore, then the number of books John should order to maximize the expected profit of the publisher is given by the following formula
\[\overline{x} = \mu+\frac{z_{\alpha/2}\sigma}{\sqrt{n}}\]Here,\[\mu=100\]and\[\sigma =42\]So, the optimal order size, x, is: \[x = \overline{x} = 100+\frac{z_{\alpha/2}\times 42}{\sqrt{n}}\]where\[\alpha =1-0.9 = 0.1\]and\[{z_{\alpha/2}} = z_{0.05} = 1.645\]Again,\[C = 28-8 = 20\]Therefore, the expected profit for the publisher is given by:\[\pi (x) = \left[ {20 - \left( {100 + \frac{{1.645 \times 42}}{\sqrt n }} \right)} \right]x\]To maximize the publisher's profit, we need to determine the order size x that maximizes the expected profit function. Therefore, taking the derivative of the profit function and equating it to zero gives:\[\frac{d\pi (x)}{dx} = 20 - \left( {100 + \frac{{1.645 \times 42}}{\sqrt n }} \right) - \frac{{1.645 \times 42}}{\sqrt n } = 0\]Solving the above equation gives\[n = \frac{{\left( {1.645 \times 42} \right)^2 }}{{(20 - 100)^2 }} \approx 177\]So, John should order 177 books to maximize the expected profit of the publisher.(b) If the bookstore is owned by John and he purchases the book from the publisher at $20.00, then how many books should John order to maximize his own expected profit?The expected demand is normal with \[\mu=100\]and \[\sigma=42\]The bookstore would purchase each book at a cost of $20. Therefore, the gross profit per book would be: \[G = 28 - 20 = 8\]The expected gross profit of John is:\[\pi (x) = G\left( {\min \left( {D,x} \right)} \right) - \left( {20\left( {\min \left( {D,x} \right)} \right)} \right)\]where D is the demand for the book. We can calculate the value of x that maximizes π (x) as follows:\[\pi (x) = G\left( {\min \left( {D,x} \right)} \right) - \left( {20\left( {\min \left( {D,x} \right)} \right)} \right)\]Take derivative with respect to x, set to zero and solve for x. \[\frac{d\pi (x)}{dx} = \left\{ {\begin{array}{*{20}{c}}G&{0 \le x \le D}\\0&{D \le x}\end{array}} \right.\]So, we should order x = D books if 0 ≤ D ≤ x, i.e., when D ≤ x; otherwise we should order x = 0 books. Hence, to maximize his expected profit, John should order x books if x ≤ D and order D books otherwise. This is equivalent to ordering\[\min (x,D)\]books.(c) Suppose John owns the bookstore. The publisher is thinking of offering the following deal to John. At the end of the season, the publisher will buy back unsold copies at a predetermined price of $15.00. John would have to bear, however, the cost of shipping unsold copies back to the publisher at $1.00 per copy.If we denote the expected demand by D, then the net profit for each book sold is given by\[G = 28 - 20 = 8\]The expected net profit for each unsold book that is returned to the publisher is\[P = 15 - 1 - 20 = - 6\]Therefore, the expected profit per book is\[\pi (x) = G\left( {\min \left( {D,x} \right)} \right) + P\max \left( {0,x - D} \right) - 20x\]where x is the order size. Taking the derivative of π (x) and setting it equal to zero, we have:\[\frac{d\pi (x)}{dx} = \left\{ {\begin{array}{*{20}{c}}G&{0 \le x \le D}\\P&{x > D}\end{array}} \right. - 20 = 0\]If x ≤ D, then the optimal order size is\[\min (D,\frac{G + 20}{G - P})\]If x > D, then the optimal order size is\[D\]If G ≤ P, then the optimal order size is 0(d) Suppose the publisher continues to charge $20 per book and John still incurs a $1 cost to ship each book back to the publisher. The supply chain's profit is given by\[S = (p - c)q - f\left( {x - q} \right)\]where p is the price charged by John for each book that is returned to the publisher, c is John's cost per book, q is the number of books that are returned, x is the total number of books ordered, and f is the shipping cost per book. We can calculate the value of p that maximizes S by taking the derivative of S with respect to p and setting it equal to zero:\[\frac{{dS}}{{dp}} = q - \frac{{dq}}{{dp}}f = 0\]Solving for p yields\[\frac{{dp}}{{dq}} = \frac{f}{1 + \frac{1}{\eta }} = \frac{1}{0.75} = 1.\overline{3}\]Therefore,\[p = c + \frac{{f\left( {x - q} \right)}}{q + \frac{1}{\eta }} = 20 + \frac{{1\left( {200 - q} \right)}}{q + \frac{1}{0.75}}\]Taking the derivative of p with respect to q and setting it equal to zero gives:\[\frac{{dp}}{{dq}} = 0\]Solving for q yields\[q = \frac{5}{4} \times 50 = 62.5\]Rounding up, we have q = 63. Therefore, the publisher should pay John $11.11 for each book that is returned to the publisher in order to maximize the supply chain's profit.
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a. John should order 90 copies of the book to maximize the expected profit of the publisher.
b. John should order 116 copies of the book to maximize his expected profit.
c. John should order 94 copies of the book to maximize his expected profit.
d. The publisher should pay John $80.00 for each returned book to maximize the expected profit of the supply chain.
(a) The expected demand of the book is 100 copies, and the standard deviation of demand is 42. The retail price of the book is $28.00, and the unit production-plus-shipping cost of the book is $8.00. The bookstore's profit P can be calculated by the formula below:P = (28 − 8)x − 0.75(max {0, x − 100})(28 × 0.75 − 8)where x is the order quantity of the book. The second term of the equation, 0.75(max {0, x − 100})(28 × 0.75 − 8), represents the loss of the bookstore due to unsold copies. Here, John is the manager of the bookstore, but the bookstore is owned by the publisher. Therefore, the expected profit of the publisher can be calculated by the formula below:E(P) = (28 − 8)x − 0.75(max {0, x − 100})(28 × 0.75 − 8) − 20xwhere 20x represents the cost of goods sold (COGS) to the bookstore by the publisher. We can maximize the expected profit of the publisher by differentiating E(P) with respect to x and setting it to zero. d[E(P)]/dx = 28 − 8 − 0.75(0 + x − 100) (0.75 × 28 − 8) − 20 = 0x = 90. Therefore, John should order 90 copies of the book to maximize the expected profit of the publisher.
(b) In this scenario, John owns the bookstore, and the publisher sells the book to John for $20.00. Therefore, the expected profit of John can be calculated by the formula below: E(P) = (28 − 20)x − 0.75(max {0, x − 100})(28 × 0.75 − 20) where 20x represents the cost of goods sold (COGS) to John by the publisher. We can maximize the expected profit of John by differentiating E(P) with respect to x and setting it to zero. d[E(P)]/dx = 28 − 20 − 0.75(0 + x − 100) (0.75 × 28 − 20) = 0x = 116. Therefore, John should order 116 copies of the book to maximize his expected profit.
(c) In this scenario, the publisher will buy back unsold copies at a predetermined price of $15.00, and John would have to bear the cost of shipping unsold copies back to the publisher at $1.00 per copy. Therefore, the expected profit of John can be calculated by the formula below: E(P) = (28 − 20)x − (0.75(max {0, x − 100})(28 × 0.75 − 15) + (1 + 20 − 15)max {0, 100 − x})where the first term of the equation represents the revenue from selling the book, the second term represents the loss due to unsold copies, and the third term represents the cost of shipping unsold copies back to the publisher. We can maximize the expected profit of John by differentiating E(P) with respect to x and setting it to zero.d[E(P)]/dx = 28 − 20 − 0.75(0 + x − 100)(0.75 × 28 − 15) + (1 + 20 − 15)(−1) = 0x = 94. Therefore, John should order 94 copies of the book to maximize his expected profit.
(d) In this scenario, the publisher continues to charge $20 per book, and John still incurs a $1 cost to ship each book back to the publisher. Let P be the price that the publisher pays John for the returned books. Therefore, the expected profit of the supply chain can be calculated by the formula below: E(P) = (20 − P)(max {0, 100 − x}) − (20 − 8 + 1)x, where the first term of the equation represents the revenue from returned books, and the second term represents the COGS. We can maximize the expected profit of the supply chain by differentiating E(P) with respect to P and setting it to zero. d[E(P)]/dP = −max {0, 100 − x} + (20 − P)(−d[max {0, 100 − x}]/dP) = 0max {0, 100 − x} = 20 − P. Therefore, the publisher should pay John $80.00 for each returned book to maximize the expected profit of the supply chain.
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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
what are some economic concerns that may need to be addressed in the future?
Which is a source of passive income? (1 point)
O working as a consultant
O owning luxury cars
teaching about personal finance
O owning dividend stocks
Answer:
owning dividend stock is answer
The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The present investment base for the division is $9,300,000. Required Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment?
Calculate the current residual income and the residual income with the new investment opportunity being included.
Based on your answers to requirement a, should Monarch Division make the investment?
Answer and Explanation:
The computation is shown below:
Current residual Income is
= current investment base × (Current ROI - Target ROI)
= $9,300,000 × (13% - 9%)
= $9,300,000 × 4%
= $372,000
Now
New residual income is
= (New investment base) × (New ROI - target ROI)
= ($9,300,000 + $5,700,000) × (12.24% - 9%)
= $15,000,000 × 3.24%
= $486,000
Yes, Monarch division should make the investment because the new residual income is more than the present residual income