Answer: True
Explanation:
As the employed you work for the employer which means that it is best to act in a way that the employer deems appropriate.
If the employer therefore gives you constructive criticism, it is most likely to get you to act in a way that they deem appropriate. It would be best to listen carefully and take notes for reference because chances are that such advice will benefit you greatly with other employers or with your employees should you decide to set up your own shop.
What Is the Internal Revenue Service (IRS)?
The Internal Revenue Service (IRS) is the federal agency responsible for the collection of taxes in the United States. It is a bureau of the Department of Treasury and is governed by the Commissioner of Internal Revenue, who is appointed by the President of the United States.
The IRS is responsible for enforcing federal tax laws, including the assessment and collection of taxes, penalties, and interest. It also administers various tax-related programs, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit.
The IRS provides tax forms and instructions to individuals and businesses, and it also offers assistance and guidance to taxpayers through its website and toll-free helpline. It also conducts audits to ensure compliance with tax laws and regulations, and it enforces penalties for non-compliance.
The IRS is an essential agency that helps the government to fund various programs and services through the collection of taxes. It is important for individuals and businesses to comply with federal tax laws and file their taxes accurately and on time to avoid penalties and interest.
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How does a trade deficit occur?
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
to be successful, strategic planning requires a company to have a ______ orientation.
To be successful, strategic planning requires a company to have a long-term orientation.
What is strategic planning?Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.
On the hand long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.
Therefore the statement that filled the gap is long term.
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The highest yielding savings accounts are paying historically low interest rates, so Maria is only able to get a 1% annual interest rate for her savings account. Assuming interest rates do not change, use the Rule of 72 to approximate how many years it will take for her to DOUBLE her money in this account?
Using the rule of 72 it is going to take Maria a period of 72 years in order to be able to double the money that is in her account.
What is the rule of 72?This is the term that is used to refer to the rule that helps to tell us of the number of years that would be needed in order to be able to double the amount of invested money of a person.
The formula for the rule of 72 is given as
t = 72 / r
where
t = years
r = rate in percentage
Hence we can say that
72 / 1%
Hence the period that it would take to double the money would be 72 years.
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Which of the following are laws which protect workers?
Answer:
The Equal Employment Opportunity Commission (EEOC) enforces federal laws prohibiting employment discrimination. These laws protect employees and job applicants against: Discrimination, harassment, and unfair treatment in the workplace by anyone because of: Race.
Explanation:
Explain the importance of denists and physiotherapists
Explanation:
physiotherapists help people affected by injury, illness or disability through movement and exercise, manual therapy, education and advice. They maintain health for people of all ages, helping patients to manage pain and prevent disease.
dentistry is important to maintaining the health of your smile as well as your overall health. Unaddressed tooth decay or gum disease can lead to infections and other conditions that can put your entire body at risk for health issues.
if my answer helps you than mark me as brainliest
Answer:
The physiotherapist is important because they can revive the disfunctional human organs through regular therapy.
Dentist is important because they deal with diverse dental problems and diseases and human teeth are very important organ.
Explanation:
I hope my answer helped you:)
Which of the following means that a company took all reasonable steps to avoid a particular event? A. due process B. just cause C. due diligence D. reasonable accommodation E. preventive solutions Which of the following is a major cause of workplace stress related to career development? A. autonomy B. level of responsibility C. isolation D. job security E. workload
The term that means that a company took all reasonable steps to avoid a particular event is: due diligence.A company's exercise of care and caution before engaging in any activity is referred to as due diligence. It is the work that is required to be conducted before entering into a transaction or making a decision.
The process ensures that all necessary information and facts about the transaction are gathered, reviewed, and evaluated before any action is taken.It is necessary to carry out due diligence in order to lessen the risks related to the investment or decision and to prevent future problems.
In this context, this means that the company is taking all necessary precautions to prevent any possible problems.On the other hand, job security is a significant source of career-related stress. In this context, job security is a job's perceived stability or likelihood of long-term employment and income.
The possibility of losing employment, income, and benefits causes a lot of worry, anxiety, and tension in people. Job security-related issues, such as downsizing and restructuring, can make it difficult for workers to plan for their future and have a negative impact on their career development.
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How much did beyonce get paid for dubai performance?
Answer:
A total of $24 million dollars. In just a 1 hour concert!
Explanation:
Fact: And guess what her hotel room costed? $100,000 !
She has a total of $500 million dollars
Math:
$500 million - $24 million = $486 million ( before the concert )
So maybe this helped your knowledge about the famous singer “ Beyoncé “
Today, management is becoming more progressive. Many managers are being educated not to ________ employees.
Which of the following is an example of a company using channel management?
a company extends its store hours
a company creates different ads for different types of customers
a company uses a survey to get information about its customers
a company only sells its product online
An example of a company using channel management is option D: a company only sells its product online.
Channel management refers to the process of selecting and managing various distribution channels to efficiently and effectively deliver products and services to customers. In this scenario, the company chooses to utilize the online platform as its sole distribution channel to reach its target audience.
By focusing on the online channel, the company can optimize its marketing strategies, product availability, and customer service for that specific medium. This approach allows the company to cater to the specific needs of its online customers and allocate resources effectively. Additionally, this decision may result from the company's understanding of its customer base, as well as the potential for cost savings and increased reach offered by online sales.
However, it is essential for the company to continuously monitor and adapt its channel management strategies, as customer preferences and market conditions may evolve over time. To ensure optimal performance, the company must be ready to make adjustments to its online distribution channel or explore other channels if necessary.
In summary, a company using channel management would carefully select and manage its distribution channels to efficiently reach customers. In the given example, the company has chosen to sell its products exclusively online, focusing on optimizing the online sales channel to cater to its customer's needs and preferences.
The question was incomplete, Find the full content below:
Which of the following is an example of a company using channel management?
A. a company extends its store hours
B. a company creates different ads for different types of customers
C. a company uses a survey to get information about its customers
D. a company only sells its product online
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A company using channel management is when it creates different ads for different types of customers.
Explanation:An example of a company using channel management is when a company creates different ads for different types of customers. This strategy is known as market segmentation, where the company divides its target market into distinct groups based on characteristics such as demographics, psychographics, or geographic location, and tailors its marketing efforts to each segment.
By creating different ads, the company is utilizing different channels to reach and communicate with specific customer groups effectively. For example, if a company sells both sports equipment and beauty products, it may run ads targeting athletes in sports magazines and ads targeting beauty enthusiasts in fashion magazines.
This channel management approach helps the company maximize its marketing efforts by ensuring that the right message is delivered through the right channels to the right customers.
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Complete Part 1 of the assignment by giving three examples of your workplace strengths and explaining each with one or two paragraphs for each strengths
Answer:
Some examples of strengths you might mention include:
Enthusiasm.
Trustworthiness.
Creativity.
Discipline.
Patience.
Respectfulness.
Determination.
Dedication.
Explanation:
due process of the law protects an individual's
a. liberty and property interests
b. right to prosperity
c. job
d. pursuit of happiness
Answer:
a. liberty and property interests.
Explanation:
A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.
Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior.
In circumstances where there are aberration, the law is enforced as a punishment and penalty for wrongdoings or misdeeds.
Hence, due process of the law protects an individual's liberty and property interests because it ensures the right legal procedures are followed and that all accused are given access (entitled) to a fair trial.
when must interest and principal payments on a Stafford Student Loan begin
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
People are living paycheck to paycheck why is that a problem
If your employer offers a retirement plan, it should be the first plan that you consider because your employer
will likely contribute to it.
Answer:
all I know about RSP is that the last 5 years of work go towards your pension a lot more. so work a lot more 5 years before you retire if you are in canada.
What is something that will not help you get a higher credit limit?
A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)
Maxing out the credit card and only making the minimum payment each month is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.
If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.
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You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers:
Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 3,200 baht. India Shine has submitted a bid of 3,200 rupee. Sacramento Glow has submitted a bid of $320.
You check with your local bank and find that $1 =10 baht and $1 = 8 rupee. The final destination for the disks is New Delhi, India and there is a 40% import tax.
Thailand Polishing and Sacramento Glow are based outside of India and India Shine is based in India.
The price per unit (in dollars), including import tax (if any) for Thailand
Polishing=____(Enter your response rounded to the nearest penny.)
The price per unit (in dollars), including import tax (if any) for India
Shine=____Enter your response rounded to the nearest penny.)
The price per unit (in dollars), including import tax (if any) for Sacramento
Glow= ____(Enter your response rounded to the nearest penny.)
To calculate the price per unit (in dollars), including import tax (if any) for each supplier, we need to convert their bids into dollars and then apply the import tax for the suppliers outside of India.
First, let's convert the bids into dollars:
- Thailand Polishing bid: 3,200 baht * ($1 / 10 baht) = $320
- India Shine bid: 3,200 rupee * ($1 / 8 rupee) = $400
- Sacramento Glow bid: $320
Next, let's calculate the import tax for the suppliers outside of India (Thailand Polishing and Sacramento Glow):
- Thailand Polishing bid with tax: $320 + (40% * $320) = $320 + $128 = $448
- Sacramento Glow bid does not have an import tax since it is already in dollars.
Now, we can calculate the price per unit (in dollars), including import tax (if any) for each supplier:
- Thailand Polishing: $448 / 200 disks = $2.24 per disk
- India Shine: $400 / 200 disks = $2 per disk
- Sacramento Glow: $320 / 200 disks = $1.60 per disk
The price per unit (in dollars), including import tax, for Thailand Polishing is $2.24.
The price per unit (in dollars), including import tax, for India Shine is $2.
The price per unit (in dollars), including import tax, for Sacramento Glow is $1.60.
After converting the bids into dollars and applying the import tax, we find that Thailand Polishing has the highest price per unit, followed by India Shine, and then Sacramento Glow.
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The price per unit (in dollars), including import tax (if any), for each supplier is:
Thailand Polishing = $448
India Shine = $400
Sacramento Glow = $320
To determine the price per unit (in dollars), including import tax, for each supplier, we need to convert the bids from their respective currencies to dollars and apply the import tax.
First, let's convert the bids to dollars using the exchange rates given. We know that $1 = 10 baht and $1 = 8 rupees.
Thailand Polishing's bid of 3,200 baht is equivalent to 320 dollars \((3,200 baht ÷ 10 baht/$1).\)
India Shine's bid of 3,200 rupees is equivalent to 400 dollars (3,200 rupees ÷ 8 rupees/$1).
Sacramento Glow's bid of $320 remains the same since it is already in dollars.
Next, let's calculate the import tax for each supplier.
The import tax is 40% of the bid amount.
For Thailand Polishing, the import tax is 40% of 320 dollars, which is 128 dollars \((320 dollars × 0.40).\)
For India Shine, since they are based in India, there is no import tax.
For Sacramento Glow, there is no import tax since they are based outside of India.
Now, let's calculate the final price per unit (in dollars) for each supplier by adding the bid amount and the import tax (if applicable).
For Thailand Polishing, the final price per unit is 448 dollars (320 dollars + 128 dollars).
For India Shine, the final price per unit remains 400 dollars since there is no import tax.
For Sacramento Glow, the final price per unit is 320 dollars since there is no import tax.
In summary, the price per unit (in dollars), including import tax (if any), for each supplier is:
Thailand Polishing = $448
India Shine = $400
Sacramento Glow = $320
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the demand schedule for chicken feet, a dim sum delicacy served at some chinese restaurants, is shown in the table. although some people find the texture strange, others have developed a taste for it. price of chicken feet (per pound) quantity of chicken feet demanded (millions of pounds) in 2008 quantity of chicken feet demanded (millions of pounds) in 2018 $ 3.00 3.0 9.2 $ 2.50 3.2 9.9 $ 1.25 3.6 10.3 $ 1.00 4.1 12.2 $ 0.50 5.7 15.0 how many more chicken feet were demanded in 2018 , at a price of $3.00 a pound, than in 2008 ?
6.2 million more chicken feet were demanded in 2018 compared to 2008 at a price of $3.00 per pound.
To determine how many more chicken feet were demanded in 2018 than in 2008, specifically at a price of $3.00 per pound, we need to compare the quantities demanded for that specific price in both years.
In 2008, the quantity demanded at a price of $3.00 per pound was 3.0 million pounds.
In 2018, the quantity demanded at a price of $3.00 per pound was 9.2 million pounds.
To find the difference, we subtract the quantity demanded in 2008 from the quantity demanded in 2018:
Difference = Quantity demanded in 2018 - Quantity demanded in 2008
Difference = 9.2 million pounds - 3.0 million pounds
Difference = 6.2 million pounds
Therefore, 6.2 million more chicken feet were demanded in 2018 compared to 2008 at a price of $3.00 per pound.
This indicates an increase in demand for chicken feet over the years, as more people developed a taste for it despite the texture being considered strange by some. The higher quantity demanded suggests that the popularity of chicken feet as a dim sum delicacy has grown over time.
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If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
How is being comfortable with risk and flexibility important to having an entrepreneurial mindset?
An entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings. This means that being too stubborn and unyielding in your approach can be a recipe for stress and potential business disaster. Being flexible as an entrepreneur can provide you with an important competitive edge. It helps you to exploit opportunities as and when they arise. Successful entrepreneurs stick to the basic principles of risk management: They look for opportunities where if they fall short they lose only a certain value, but if they win they could stand to gain 10 times as much. And the best entrepreneurs never bet more than they can afford to lose. They always consider Plan B (as well as Plan C, D and E) in case the current program doesn’t work out as expected.
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Question 7 (1 point) Writing for business often involves choosing the appropriate level of formality for the company and industry, the particular document and situation, and the audience. True False
The given statement "Writing for business often involves choosing the appropriate level of formality for the company and industry, the particular document and situation, and the audience." is True. Writing for business requires careful consideration of the appropriate level of formality for the company and industry, the particular document and situation, and the audience.
In some industries, such as law and finance, formal language is expected and necessary to convey professionalism and expertise. In other industries, such as advertising and marketing, a more informal tone may be appropriate to appeal to a specific target audience. Additionally, the specific document and situation must also be taken into account. For example, a formal business proposal will require a different level of formality than an informal email between colleagues.
The audience for the document must also be considered, as the level of formality will differ depending on whether the audience is internal or external to the company, and their level of familiarity with the subject matter. Choosing the appropriate level of formality in business writing is important in conveying the intended message and maintaining a professional image for the company. It can impact how the writer is perceived and how the message is received, making it an essential consideration in any business communication.
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which of africa's largest economies have yet to sign the african continental free trade area?
As of September 2021, three African countries had yet to sign the African Continental Free Trade Area (AfCFTA) agreement: Eritrea, Nigeria, and Benin.
Nigeria is the largest economy in Africa by gross domestic product (GDP) and has been a significant player in regional trade, but has yet to sign the AfCFTA agreement. The Nigerian government has cited concerns about the potential for local industries to be overrun by cheaper imports from other African countries as a reason for not signing the agreement. However, negotiations between Nigeria and other African countries are ongoing and the government has expressed interest in eventually joining the AfCFTA.
Benin, a smaller economy in West Africa, has also not signed the agreement. The country has cited concerns about the potential for loss of tariff revenue as a reason for not signing, but negotiations are ongoing.
Eritrea, a small country in the Horn of Africa, has not signed the agreement and has not indicated any plans to do so. The country has a small economy and has been isolated from the international community due to political and human rights issues
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Market Street Grocery carries a complete line of products that appeal to Hispanic customers. Market Street buys cleaning products such as Fabuloso, food products such as tortillas and tacos, and birthcards written in Spanish from its suppliers. This is an example of segmentation based on _______.
Due to the fact that the segmentation is based on products that appeal to Hispanics, this is a segmentation based on Psychographic factors.
What is psychographic segmentation?
This is the type of segmentation that is made due to the lifestyle of a group of people. This is one where the customers are broken into segments.
These segments are affected by the values, the beliefs and the social status of these people.
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You want to buy a new ski boat 2 years from now, and you plan to save $6,400 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. How much will you have just after you make the 2nd deposit, 2 years from now?
Answer:
Total Amount after 2 years = $13196.8
Explanation:
Data Given:
Amount of savings per year = $6400
Interest rate = 6.2%
Find Total Amount in account after 2 year:
Solution:
Lets consider it step by step.
Amount of money deposited in account after 1 year = $6400
After 2 years, we earn 6.2% interest on $6400,which is:
\(\frac{6.2}{100}\cdot6400= 396.8\)
So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.
AFTER 2nd deposit of $6400, total amount we have in account is:
Total Amount = $6796.8 + $6400 = $13196.8
Read the first four paragraphs (1-4) of the above comprehension passage and write a summary.
Your summary should be one-third (1/3) of the original text.
Our current educational system focuses on preparing today’s youth to get good jobs by developing scholastic skills. Their lives will revolve around their wages. Many will study further to become engineers, scientists, cooks, police officers, artists, writers, and so on. These professional skills allow them to enter the workforce and work for money. But there is a big difference between your profession and your business. Often, I ask people, "What is your business?" And they will say, "Oh, I’m a banker." Then I ask them if they own the bank. And they usually respond, "No, I work there." In that instance, they have confused their profession with their business. Their profession may be a banker, but they still need their own business.
2. A problem with school is that you often become what you study. So, if you study cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanics makes you a mechanic. a. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich. To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, not your income column. The number-one rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns, while everyone else focuses on their income statements.
3. That is why we hear so often: "I need a raise." "If only I had a promotion." "I am going back to school to get more training so I can get a better job." "I am going to work overtime." "Maybe I can get a second job." The primary reason the majority of the poor and middle class are fiscally conservative—which means, "I can’t afford to take risks"— is that they have no financial foundation. b. They have to cling to their jobs and play it safe. When downsizing became the "in" thing to do, millions of workers found out their largest so-called asset, their home, was eating them alive. Their "asset" was costing them money every month. Their car, another "asset," was eating them alive. The golf clubs in the garage that cost $1,000 were not worth $1,000 anymore. Without job security, they had nothing to fall back on. What they thought were assets could not help them survive in a time of financial crisis.
4. I assume most of us have filled out a credit application to buy a house or a car. It’s always interesting to look at the "net-worth" section because of what accepted banking and accounting practices allow a person to count as assets. One day when I wanted a loan, my financial position did not look too good. So, I added my new golf clubs, my art collection, books, electronics, Armani suits, wristwatches, shoes, and other personal belongings to boost the number in the asset column. But I was turned down from getting the loan because I had too much investment in renting houses. The loan committee didn’t like that I made so much money from rent. They wanted to know why I did not have a normal job with a salary. They did not question the Armani suits, golf clubs, or art collection. Life is sometimes tough when you do not fit the standard profile.
The current educational system focuses on preparing youth for jobs, but it's important to differentiate between a profession and a business .
people become what they study and spend their lives working for someone else, neglecting their own business.
Financial security lies in building assets, not just relying on income. The poor and middle class struggle due to lack of financial foundation, often clinging to jobs for security. Possessions like homes and cars can become liabilities rather than assets. Traditional net-worth calculations may not account for unconventional sources of wealth, leading to difficulties in obtaining loans.
The first four paragraphs highlight the distinction between a profession and a business. While the educational system aims to equip individuals with scholastic skills for good jobs, it's crucial to understand that a profession alone might not guarantee financial independence. Many people mistakenly confuse their profession, such as being a banker, with owning a business. Financial security comes from minding one's own business and focusing on building assets rather than solely relying on income.
The second paragraph emphasizes that becoming what one studies can lead to a narrow focus on someone else's business, which often enriches others rather than oneself. To achieve financial stability, individuals need to pay attention to their own asset column. Differentiating between assets and liabilities becomes crucial. The wealthy prioritize growing their asset columns, while those who concentrate solely on their income statements struggle to achieve financial success.
The third paragraph delves into the reasons why the poor and middle class tend to be fiscally conservative and risk-averse. Lacking a strong financial foundation, they become dependent on their jobs for stability and are reluctant to take risks. Economic downturns expose the vulnerability of their so-called assets, such as homes and cars, which turn out to be burdens rather than sources of financial security.
The fourth paragraph illustrates a personal experience related to net-worth calculations and loan applications. It highlights the disparity between accepted accounting practices and unconventional wealth sources. While personal belongings like art collections, golf clubs, and expensive suits were not questioned, the committee focused on the applicant's rental property investments instead of a traditional job with a salary. This experience serves as an example of the challenges faced when deviating from the standard profile.
Overall, the passage emphasizes the importance of minding one's own business, building assets, and understanding the difference between assets and liabilities. It sheds light on the struggles faced by those without a solid financial foundation and challenges traditional notions of wealth evaluation.
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Item 8 In a movie's opening weekend, 879,575 tickets are sold in 755 theaters. The average cost of a ticket is $9.50. What is the average amount of money earned by each theater?
Answer:
the average amount of money is 1,165
Explanation:
The computation of the average amount of money i.e. earned by each theater is shown below:
= Total number of tickets sold ÷ number of theaters
where,
The Total number of tickets sold is 879,575
And, the number of theaters is 755
Now place these values to the above formula
So, the average amount of money is
= $879,575 ÷ 755
= 1,165
hence, the average amount of money is 1,165
Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?
Answer:
sales person and delivery person
Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.
What is the significance of a job title?A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.
The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.
Therefore, the option C holds true and states regarding the significance of a job title.
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How do I quit my job as cashier already wrote resignation letter
which statement best explains the relationship between points A and B?
Using the calculation for damage and defects discussed in lecture, calculate the number of standardized sets that must be planned for in order to have 7,500 sets available to the customer each month.
Using the calculation for damage and defects discussed in lecture, the number of standardized tests that must be planned for in order to have 7,500 sets available to the customer each month is 7761.
Assume that there will be 100 standardized sets to be planned.
The net number goes for manufacturing when 0.4% of the material given by the suppliers is taken into account.
The percentage of kitchen sets that are transported after manufacture, with 0.7% of all produced kitchen sets being damaged
= 99.6.N X (100% - 0.7%) = 0.993 X 99.6.N = 98.9024.N
the percentage of things arriving at the retail store after being lost, stolen, or damaged in transit (1.1% of all items delivered).
= 98.9024.N X (100% - 1.1%) =0.989 X 98.9024.N = 97.8144.N
Number of products available for sale = 97.8144.N x (100% - 1.2%) = 0.988 x 97.8144.N = 96.6406.N because 1.2% of the items accepted by retail stores are either stolen or broken and consequently unavailable for sale.
Due to the availability of 7500 sets to clients,
96.6406.N = 7500
Or, 100.N = ( 7500 X 100)/96.6406 = 7760.71 ( 7761 ROUNDED TO NEAREST WHOLE NUMBER) ( 7761 ROUNDED TO NEAREST WHOLE NUMBER)
Consequently, the monthly number of standardized sets that must be scheduled for is 7761.
A test that is given and graded in a uniform, or "standard," fashion is referred to as standardized. A predetermined, regular procedure is followed while administering and scoring standardized tests, which are created with uniform questions and interpretations.Learn more about Standardized test, here
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The complete question is:
Below is an overview of how materials move through the supply chain. For each set of parties listed you’ll also see a loss or defect rate associated with that portion of the supply chain.
A. Suppliers – 0.4% of all materials delivered are unacceptable for use
B. Manufacturing – 0.7% of all kitchen sets produced defective and are thus not shipped
C. Distribution – 1.1% of all items shipped are either lost, stolen, or damaged in transit
D. Retail Store – 1.2 % of all the items that are accepted by the retail store are either stolen or damaged in the store, and are thus unavailable for sale.
Using the calculation for damage and defects discussed in lecture, calculate the number of standardized sets that must be planned for in order to have 7,500 sets available to the customer each month.