the two components of risky return (u) in the total return equation are The
risk-free rate (RF) and the risk premium.
The risk-free interest rate is the rate of return earned by an investment that does not bear any risk. The risk-free rate is something of a theoretical concept because all assets, no matter how small, carry risk. In practice, it is considered the interest paid on short-term government debt.
The risk-free interest rate value is calculated by subtracting the current rate of inflation from the total return on government bonds over the investment period. For example, a government bond yields 2% over 10 years. In that case, the investor should consider 2% as a risk-free return.
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After World War Two ended, many people were concerned about the Russians, and communism became an issue in our country. Even though our country allows freedom of expression and beliefs, the idea of communism created a lot of fear in our country. To eliminate or weed out communists, Truman creates the Federal Employee Loyalty Program, known as the "Loyalty Order," via Executive Order 9835. This order’s purpose was to ensure loyalty against communism in the federal government. How might this help or deter American employment?
The positive impact of the Loyalty Order on american employment was weed out potential communist sympathizers from government positions.
This was important because the government had access to sensitive information, and the fear was that communists could use this information to harm the country.
On the other hand, the Loyalty Order also had a negative impact on american employment. Many people who were falsely accused of being communist sympathizers lost their jobs or were unable to find employment due to their association with communism.
Basically, all this persecution created a climate of fear and terror, and many people were afraid to speak out or express their opinions freely.
President Truman created the Federal Employee Loyalty Program, better know as the Loyalty Order, to ensure that federal employees were not associated with communist ideology. As we can see this order had both positive and negative impacts on American employment.
After World War Two, the fear of communism was widespread in the United States due to the Cold War with Russia.
This fear was not only limited to the government but also extended to the American public, creating a lot of concern. To address this fear,
In the end, the Loyalty Order was an important part of American history during the post-World War Two era. It helped to deter communist sympathizers from government positions, but at the same time, it had a negative impact on American employment and freedom of expression.
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Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in EI Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5 % of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company's annual report has been prepared and issued to stockholders.
Shortly after the beginning of the new year, Mary received a phone call from Gary that went like this:
Gary: How's it going, Mary?
Mary: Fine, Gary. How's it going with you?
Gary: Great! I just got the preliminary profit figures for the division for last year and we are within 200,000 of making the year's target profits. All we have to do is pull a few strings, and we'll be over the top!
Mary: What do you mean?
Gary: Well, one thing that would be easy to change is your estimate of the percentage completion of your ending work in process inventories. Mary: I don't know if I can do that, Gary. Those percentage completion figures are supplied by Tom Winthrop, my lead supervisor, who I have always trusted to provide us with good estimates. Besides, I have already sent the percentage completion figures to corporate headquarters.
Gary: You can always tell them there was a mistake. Think about it, Mary. All of us managers are doing as much as we can to pull this bonus out of the hat. You may not want the bonus check, but the rest of us sure could use it.
The final processing department in Mary's production facility began the year with no work in process inventories. During the year, 210,000 units were transferred in from the prior processing department and 200,000 units were completed and sold. Costs transferred in from the prior department totaled 39,375,000. No materials are added in the final processing department. A total of 20,807,500 of conversion cost was incurred in the final processing department during the year.Required:
(b) Does Gary Stevens want the estimated percentage completion to be increased or decreased? Explain why.
The percentage of completion of work in prepare stock is an appraise of the inventory's completion relative to the complete generation process. Rate of completion is one of the bookkeeping estimates that are helpless to subjective inclinations. The rate of completion incorporates a critical salary on the money related articulations
Gary Stevens wants the expected percentage completion to be escalated(increased) because he wants to get additional bonus which is paid at the rate of 5% of the basic pay. That is why he wants Mary to manipulate the figures to get the additional bonus.Gary Stevens desparately wants the margin to grow. To increase the margins, he has to lessen the cost of goods sold.In process of lessen the cost of goods sold, he has to improve the equivalent production. And if one wants to increase the production equivalent figures, then there will be more calculated percentage completion finished work in process.To know more about percentage of completion visit:
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Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists would try to get more work from people for less pay. Marxism is more durable as a critique of capitalism than as a system for governing. Marx's idea about communism influenced the Russian Revolution in 1917. Marx thought that machines would make life dull and repetitive.
The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.
Who was Karl Marx?He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.
Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.
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Which example could result in an investor losing their money?
A) A bank dramatically lowers the interest rate offered on a savings account.
B) A corporation decides not to pay dividends to its shareholders.
C) The price of a company’s stock rises.
D) A company that sold bonds declares bankruptcy.
Answer:
D
Explanation:
The first thing it can't be C cuz the stock is rising
Secondly, I took the test
-hope This helps : >
(a)An econometrician suspects that the residuals of her model might be autocorrelated. Explain the steps involved in testing this theory using the Durbin - Watson (DW) test.
(b) The econometrician follows your guidance (!!!) in part (b) and calculates a value for the Durbin - Watson statistic of 0.95. The regression has sixty quarterly observations and three explanatory variables (plus a constant term). Perform the test. What is your conclusion?
(a)An econometrician can test the hypothesis that the residuals of her model might be autocorrelated by following the steps given below using the Durbin - Watson (DW) test.
The test is based on the first-order autocorrelation coefficient, ρ1, and the null hypothesis is that ρ1 = 0 (no serial correlation) and the alternative hypothesis is that ρ1 ≠ 0 (serial correlation exists). The steps are as follows: Step 1: Estimate the regression model and obtain the residuals. Step 2: Compute the Durbin–Watson (DW) test statistic using the formula:DW =∑_(i=2)^n e_i-e_(i-1)^2/∑_(i=1)^n e_i^2 where ei is the ith residual.Step 3: Look up the critical values of DW from the Durbin–Watson table based on the number of observations and the number of independent variables. The values of DW range between 0 and 4. Values of DW closer to 0 indicate positive serial correlation, while values closer to 4 indicate negative serial correlation. Values of DW around 2 suggest no serial correlation. Step 4: If the calculated value of DW is less than the lower critical value, then there is evidence of positive serial correlation, and if the calculated value of DW is greater than the upper critical value, then there is evidence of negative serial correlation. If the calculated value of DW falls between the two critical values, there is no evidence of serial correlation. (b)The critical values for a 5% significance level with 60 observations and 3 independent variables are: Lower critical value = 1.243 Upper critical value = 1.622DW = 0.95, which is less than the lower critical value. Therefore, there is evidence of positive serial correlation. Thus, we reject the null hypothesis that there is no serial correlation. So, we can say that there is a problem with the econometrician's model as it violates the assumption of no autocorrelation.
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True or false: Business analytics is defined as the analysis of data to better solve business problems.
It is true that business analytics is defined as the analysis of data to better solve business problems.
What is business analytics?Business Analytics is the process whereby businesses use statistical methods and technologies for analyzing data to aid decision making.
The goal of business analytics are:
To determine which datasets are useful and how they can be leveraged to solve problems.To increase efficiency, productivity and revenue.Therefore, business analytics is defined as the analysis of data to better solve business problems.
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Read the graph below.
Unemployment Rates and Median Weekly Earnings, 2006
Unemployment Rate (percent)
Median Weekly Earnings (U.S. Dollars)
1.4% Doctoral Degree $1,441
1.1% Professional Degree S1,474
1.7%
Master's Degree $1,140
2.3% Bachelor's Degree S962
3.0% Associate Degree $721
3.9%
Some College
S674
4.3% High School Grad $595
6.8% Some High School S419
Source: U.S. Bureau of Labor Statistics, Current Population Survey
Which conclusion can be supported by the information in the graph above?
O People with a professional degree earn more than twice as much as people with a bachelor's degree.
O People with a master's degree earn nearly twice as much as those with a high school education.
O People with a doctoral degree are half as likely to be unemployed as people with a bachelor's degree.
O People with some college education are half as likely to be unemployed as people with some high school education.
Answer:
C. People with a doctoral degree are half as...
Explanation:
Answer:
People with a doctoral degree are half as likely to be unemployed as people with a bachelor's degree.
Explanation:
I'm smart also there is the same graph with same question and different answers so if your looking for that the correct answer is Obtaining a doctoral degree offers the lowest risk of unemployment and greatest potential weekly earnings.
The
management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new
machinery that would double the production. In the given scenario, the management is in the process of planning the
of the company
operating budget
Ofinancial budget
Omarketing budget
Ostatic budget
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
Why would hazmat workers require OSHA training?
O Working conditions require special safety precautions.
O Workers need to have the skills to train other workers.
O Working conditions require special clothing.
O Workers can only be insured with OSHA training
Hazmat workers require OSHA training because a) Working conditions require special safety precautions.
Employers are obligated to provide a safe and healthy workplace under the Occupational Safety and Health Act of 1970. Nobody should ever have to suffer an injury, ailment, or death in exchange for a wage.
The goal of OSHA is to safeguard employees and prevent work-related accidents, illnesses, and fatalities by establishing and enforcing regulations as well as by offering assistance, outreach programs, education, and training.
Numerous OSHA regulations, which have stopped innumerable workplace fatalities, contain clear training requirements for safety and health to guarantee that employees have the abilities and understanding needed to perform their jobs securely.
These specifications are consistent with OSHA's view that training is a crucial component of any employer's safety and health program for safeguarding employees from accidents and illnesses.
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Before you begin investing, what do experts recommend you do?
Answer: D
Explanation:
Set aside an emergency fund to cover any surprise expenses
Before you begin an investment, what experts alter is figuring out your goals and risk permissiveness – either on your own or with the help of a financial professional.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
As an investment, what experts alter is figuring out your goals and risk permissiveness – either on your own or with the help of a financial professional. There is no warranty that you'll make money from your investment funds. Before you begin an investment fund.
Therefore, experts alter figuring out your goals and risk permissiveness investments.
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expedia used apis to increase the distribution of travel products that it sells, relying on partners to plug into its technology and inventory.
a. true
b. false
Expedia used APIs to increase the distribution of travel products that it sells, relying on partners to plug into its technology and inventory. TRUE
Business technology is any electronic object or system that helps employees accomplish tasks. The technology that employees use includes computers, internet systems, printers, mobile devices, and software applications that help them organize and prioritize work.
Business Technology as a concept describes all technology that helps an organization run its business and operational processes. That technology can be customer-facing applications and solutions, business-critical production and logistics solutions, or back-office financial systems, among others.
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You live in Atlanta, GA and work for a company that has multiple locations
nationwide. The owner of the company tells you on a Friday that you need to
compile and present some information to the San Francisco, CA office on Monday.What would be the most economical and responsible thing for you to do?
(A)Hop on a plane Friday night and fly to San Francisco so you can have time to
explore the city and share the information with their office on Monday morning.
(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.
(C)Collaborate with your peers in the Atlanta office all weekend, and then take the
red eye
flight to San Francisco on Sunday night in order to be there to present your
findings on Mondayimorning.
(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him
to make the presentation for you
Answer:
(B)Create an online presentation that can be shared with the members of the San Francisco office and present your finding to them remotely.
Explanation:
Preparing an online presentation for the meeting is the sensible thing to do in this situation due to the following reasons.
It is cost-effective: Traveling from Atlanta to San Francisco will involve the use of funds for air tickets, meals, and accommodation. This is costly, especially if not budgeted. An online presentation will not require such expenditure. It saves time: An online presentation does not require physical traveling, which is time-consuming. Instead of spending time traveling, it is wise to use it in researching and preparing a quality presentation.Advancement in technology is making it possible for people to hold online meetings. It possible to have interactive sessions where participants can ask questions and get instant answers via online meetings. The use of technology eliminates the need to travel for this presentation.Question #2
Inflation is created when businesses decide to spend billions on new capital goods.
O Demand-pull
O Supply-Shocks
O Cost-push
O Wage-price spiral
Cost push inflation is created when businesses decide to spend billions on new capital goods.
What is inflation?This is the term that is used to refer to the fact that there is an increase in the general price level in a given economy. The period of inflation is usually characterized by a rise in the prices of goods and services with a lot of these being too high for the consumers to purchase.
The cost push is caused when the cost of raw materials have become too much for the businesses to obtain. Hence the Cost push inflation is created when businesses decide to spend billions on new capital goods.
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what is profit and loss account
La cuenta de pérdidas y ganancias (P&G) es un estado financiero que resume los ingresos, los costos y los gastos incurridos durante un período específico, generalmente un trimestre o año fiscal. La cuenta de pérdidas y ganancias es sinónimo de la cuenta de resultados. Estos registros proporcionan información sobre la capacidad o incapacidad de una empresa para generar beneficios mediante el aumento de los ingresos, la reducción de los costos o ambos. Algunos se refieren al estado de ganancias y pérdidas como un estado de ganancias y pérdidas, estado de resultados, estado de operaciones, estado de resultados financieros o ingresos, estado de ganancias o estado de gastos
Answer:
Explanation:
Profit and loss is not an account. It is calculated by taking the difference between the revenues minus the expenses of a business. If there are more revenues than expenses, the difference is positive or a Profit. If there are more expenses than revenues, the difference is a negative or a Loss.
Disadvantages of canteen
The quality of the food is another drawback of an office canteen.
The required details for canteen in given paragraph
Having a cooked lunch is a luxury for many employees, but as it becomes more commonplace, many may choose the tastier options instead of giving their food much care. Unhealthy selections start to dominate and, if routinely consumed, will result in future issues. For kids who may feel overwhelmed by their newfound freedom to choose what they eat for lunch, having too many food options can result in making bad eating decisions.
Despite the fact that parents frequently have little knowledge of the foods their children choose, they are the ones who load money onto their pupils' lunch cards.
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What is the return rate for brick-and-mortar stores?
A. 10%
B. 20%
C. 3%
D. 15%
The return rate for brick-and-mortar stores that one will receive is 3%. Hence, Option C is correct.
What is the return rate?A return rate is something that an individual receives in exchange or returns for something else. One can receive this return in various cases, like when someone has lent money to someone for a particular period of time.
In other words, the return rate, or rate of return, is the amount received after making any type of investment. The amount that they will receive in addition to that particular amount is the amount that gets after the calculation of the percentage of the return rate, and that percentage is fixed.
Therefore, it is the return that one has to make after the completion of the time period for which the investment has been made. Option C is correct.
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If the expense closing entry was just made, then the __________ closing entry was made in the previous step. the next step will be to complete the __________ closing entry.
If the expense closing entry was just made, then the income summary closing entry was made in the previous step. The next step will be to complete the retained earnings closing entry.
If income summary has a credit balance after revenues and expenses have been closed into it, the closing entry for income summary will include a credit to the retained earnings account.
Closing entries are designed in order to transfer the end of period balance in the revenue accounts, the expense accounts and the withdraw account to owners capital.
Hence, closing entries take place at the end of an accounting cycle as a set of journal entries.
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MAULI 23 0421 Aiden is in charge of the supplies inventory at his manufacturing company and has been asked to generate a list of maintenance, repair, and operations (MRO) items. Which of the following supplies should he place on his list of operations items? a. Receipt paper b. Toner for the printer c. Garbage bags d. USB devices e Lubricant for the conveyor belt
Aiden is in charge of the supplies inventory at his manufacturing company and has been asked to generate a list of maintenance, repair, and operations (MRO) items. Which of the following supplies should he place on his list of operations items?MRO, standing for maintenance, repair, and operations, is a class of goods and tools used by businesses to keep their equipment operational.
Aiden's task is to develop a list of maintenance, repair, and operations (MRO) items for his manufacturing company.The following are items that Aiden should place on his list of operations items:Lubricant for the conveyor belt: Lubricant for the conveyor belt should be included in the MRO items list.
The lubricant helps to reduce friction, making the conveyor belt last longer and operate more efficiently.Receipt paper: Receipt paper does not require MRO operations.Toner for the printer: Toner is not a part of MRO. It's a standard office supply item that should be purchased on an as-needed basis.
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If Ryan purchases a sandwich, he is using money as:
A. a medium of exchange
B. A unit of measure
C. A store of value
Answer:
a. a medium of exchange
Explanation:
i took the test
If Ryan purchases a sandwich, he is using money as a medium of exchange. Thus, the correct answer is option A.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socioeconomic context as payment for goods and services and repayment of debts, such as taxes. It is the medium in which prices and values are expressed.
The primary functions of money are- as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.
Ryan is purchasing the sandwich with the help of money. Money is exchanged for the sandwich, acting as a medium of exchange.
Therefore, Ryan is using money as a medium of exchange.
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^^ The relative risk of having an unfavorable opinion when comparing employees with high job stress to those with low job stress is
The relative risk of having an unfavorable opinion is the ratio of the probability of having an unfavorable opinion in the high job stress group to the probability of having an unfavorable opinion in the low job stress group. In other words, it measures the extent to which job stress affects employees' opinions.
To calculate the relative risk, we need to know the number of employees in each group and the proportion of employees in each group with an unfavorable opinion. We can then divide the proportion of employees with an unfavorable opinion in the high job stress group by the proportion in the low job stress group.
For example, if there are 100 employees in each group and 20% of employees in the high job stress group have an unfavorable opinion compared to 10% in the low job stress group, the relative risk would be 2. This means that employees with high job stress are twice as likely to have an unfavorable opinion compared to those with low job stress.
However, it is important to note that relative risk alone does not provide information on the overall prevalence of unfavorable opinions in the population or the strength of the association between job stress and opinions. Other measures, such as absolute risk and odds ratio, should also be considered in conjunction with relative risk to provide a more comprehensive understanding of the relationship between job stress and opinions.
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Which of the following is FALSE regarding the postconventional level of moral development?
a) It is not necessarily attained by all adults.
b) It includes the good boy-nice girl orientation.
c) It requires cognitive ability at the formal operational level.
d) It includes weighing moral alternatives and involves making ethical decisions.
The person transcends their own society's perspective when they reach the post-conventional level. Morality is described in terms of universally applicable abstract ideals and concepts.
The claim that the post-conventional degree of moral growth is wrong is, It includes the good boy-nice girl orientation. Thus, Option (b) is a false statement.
The focus of moral development is on how morality emerges, changes, and is understood from childhood through maturity.
According to the idea, morality changes throughout a person's life in a number of ways and is impacted by their experiences and actions when confronted with moral dilemmas throughout various stages of their physical and mental development. Since morality is concerned with a person's evolving understanding of what is good and wrong, moral judgment and character change between young children and adults. Morality itself is frequently used to mean "rightness" or "goodness."It also refers to a particular set of moral principles that one follows to direct their acts, behaviors, and ideas.These principles may be drawn from their culture, religion, or personal philosophy.
Therefore, The claim that the post-conventional degree of moral growth is wrong is, It includes the good boy-nice girl orientation. Thus, Option (b) is a false statement.
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Which of the following is true of high value-to-weight ratio products? They tend to be inexpensive. Their transportation costs account for a very small percentage of total costs. They tend to have greater weight than other products in the segment. There is great pressure to produce these products in multiple locations close to major markets
Answer:
None of the statements are true of high value-to-weight ratio products except for the second statement: their transportation costs account for a very small percentage of total costs.
High value-to-weight ratio products are generally expensive relative to their weight and volume. As a result, the transportation costs for these products are a relatively small portion of the overall cost.
For example, the transportation cost for a piece of jewelry is a small percentage of its retail price compared to the transportation cost of a similar weight of bricks.
High value-to-weight ratio products also tend to have smaller weight relative to their value, which is why their transportation costs are less significant.
In addition, because they are expensive, there may be pressure to produce these products in limited locations with skilled labor and specialized equipment, rather than multiple locations close to major markets.
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Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in the account if she makes annual payments of $4,291 into an account paying 2. 23% interest compounded annually for 30 years. A. $132,259. 66 b. $132,505. 45 c. $184,513. 76 d. $180,488. 86.
The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.
Given the following data:
Principal = $4,291Interest rate = 2.23%Time = 30 yearsTo determine the future amount in the account:
Mathematically, the compound interest for this Roth IRA is given by the formula:
\(A = \frac{P(1\;+\;r)^t -1}{r}\)
Where:
P is the principal.r is the interest rate.t is the number of years.A is the future amount.Substituting the given parameters into the formula, we have;
\(A = \frac{4291(1\;+\;0.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.93798684094 -1}{0.0223}\\\\A = \frac{4291(0.93798684094)}{0.0223}\\\\A = \frac{4024.901534474}{0.0223}\)
A = $180,488.86
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What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
Which of the following summarizes the changes in demand in the resource market as a result of an increase or decrease in product demand? Check all that apply. O An increase in the demand for a product will increase the demand for a resource used in its production. O A decrease in the demand for a product will decrease the demand for a resource used in its production O A decrease in the demand for a product will increase the demand for a resource used in its production.
O An increase in the demand for a product will decrease the demand for a resource used in its production.
The following sentence summarizes how changes in product demand affect the resource market's changes in demand:
"A decrease in the demand for a product will decrease the demand for a resource used in its production". Option 2"An increase in the demand for a product will increase the demand for a resource used in its production". Option 3Changes in product demand can affect the resource market. An increase in the demand for a product will increase the demand for the resources used in its production, as firms will need to acquire more resources to meet the higher demand for their product.
Conversely, a decrease in product demand will decrease the demand for resources as firms will need fewer resources to produce their products.
It is important to note that this relationship assumes that the production process remains unchanged and that the prices of the resources used do not change. Overall, changes in product demand can have significant impacts on the resource market, which in turn can affect the prices of goods and services.
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what is a land as a factor of production
Answer:
see below
Explanation:
Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.
Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.
Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs
the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.
WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours
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coffee to
growing more
16)
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2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of $50,000, $25,000, and− $10,000 under these states of nature, respectively, what is the EMV of the factory?
The EMV of the factory is $13,334
Expected Monetary Value (EMV) is a statistical technique used in decision analysis to calculate the average value of the outcomes of a decision in terms of monetary value, by weighting each possible outcome by its probability of occurrence.
The EMV (Expected Monetary Value) of the factory is calculated by multiplying the probability of each state of nature by the corresponding profit and summing the results
Since there are three equally likely states of nature, the probability of each state is 1/3.
Therefore, the EMV of the factory is
(1/3) x $50,000 + (1/3) x $25,000 + (1/3) x (-$10,000)
= $16,667 - $3,333
= $13,334
Learn more about Expected Monetary Value here
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If Xavier works 30 hours last week and is paid $10 per hour the amount of money he makes before taxes and other expenses are taken out is called:
A . gross profit
B . gross pay
C . net profit
D . net pay
Answer:
D is the correct answer to the question
Explanation: