In this scenario, the statements which is true under workers’ compensation laws is Betty’s workers’ compensation coverage ends the moment she leaves the premises.
What is Coverage for Workers' Compensation?Workers' compensation coverage is available to employees and their survivors who are hurt, incapacitated, or lose their lives while performing work-related duties. A advantages. With this kind of insurance, the employer covers some benefits like medical expenses, missed income, and rehab expenses.
Numerous workers' compensation cases offer partial remuneration for lost pay as well as survivor benefits in the event that a worker is murdered while doing work-related duties.
State insurance requirements are satisfied through Workers' Compensation Part A.
When a covered workers' compensation loss occurs, it provides money for the employees' medical costs, associated costs, and lost wages. In the event of specified injuries, payments are typically paid in accordance with predetermined schedules. In accordance with the adjuster's calculations, expenses are paid.
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A market research firm is studying the effects of price and type of packaging on sales of a particular product. Twenty-seven stores with shoppers of similar characteristics will be used in the study. The nine combinations of three price levels and three packaging types are the treatments of interest. Total sales of the product over a seven-week period will be recorded. Which of the following describes the best design to use for the study?
a. А completely randomized design Randomly assign the nine combinations of price level and packaging type that three stores use each combination
b. A completely randomized design. Randomly assign the three price levels so that nine stores use each price level
c. A completely randomized design. Randomly assign the three packaging types so that nine stores use each type of packaging
d. A randomized block design Use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types so that three stores use each combination
e. A randomized block design. Use packaging as a block Randomly assign nine stores to each packaging type, then randomly assign price level to three stores within each block.
d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination
By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:
In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.
In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.
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a person has 100$ to spend on two goods x and y whose respective price are 3$ and 5$. what happen to the original budget line if the budget falls by 25%?
Answer:
If the budget falls by 25%, then the new budget line would be:
x: 3*0.75 = 2.25
y: 5*0.75 = 3.75
Explanation:
WHich of the following is not a type of skill needed by effective leaders?
Answer:
WHich of the following is not a type of skill needed by effective leaders?
Answer. power hankering skil
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
What is a scientist who studies patterns of diseases called?
A.
A doctor
B.
An epidemiologist
C.
An informatics specialist
D.
A pharmacist
Answer:
An epidemiologist
Explanation:
An epidemiologist studies patterns of disease
hope this helps...
A company is selling used office equipment for $12,000. They purchased it 2 years ago for $50,000. It was expected to have a useful life of 5 years. They use straight line depreciation. What is the gain or loss on the sale
Answer:
$18,000 loss on sale
Explanation:
It is important to notice that the company uses the straight line depreciation method on the equipment.
Annual Depreciation charge = (Cost - Salvage Value) ÷ Number years of useful life
Therefore
Annual Depreciation charge = ( $50,000 - $ 0) ÷ 5
= $10,000
Depreciation for the period in use will be :
Year 1 = $10,000
Year 2 = $10,000
Accumulated depreciation = $20,000
Now given the cost and proceeds as follows :
Cost = $50,000
Proceeds = $12,000
Profit on Sale = Proceeds - ( Cost - Accumulated Depreciation)
= $12,000 - ( $50,000 - $20,000)
= ($18,000)
The Company will realize a loss on sale of $18,000
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Which of the following is a valid reason for instituting a dress code?
O A. To avoid complying with regulations
B. To promote certain religious beliefs
O c. To make sure certain employees stand out
O D. To create the appearance of professionalism
Answer:
It is D, to look professional.
If your main focus is to be able to buy or sell an investment quickly without substantially affecting the investment's value, you are most concerned with a. Income b. Growth c. Liquidity d. Business failure risk e. Market risk
Answer:
C. Liquidity
Explanation:
what factor influencing the choice of firm
Explanation:
There are many factors that can influence the choice of a firm, including:
Reputation: The reputation of the firm can be an important factor in influencing a person's decision. If a firm has a good reputation for quality and customer service, it may be more attractive to potential customers.
Price: The price of a firm's products or services can also be a factor. If the price is too high, customers may choose to go with a cheaper alternative.
Product quality: The quality of a firm's products or services can also influence the decision of potential customers. If the products or services are of high quality, customers may be more likely to choose the firm.
Location: The location of the firm can also be a factor. If the firm is located in a convenient location, it may be more attractive to potential customers.
Marketing: The marketing strategy of a firm can also be important in influencing the decision of potential customers. If the firm has a strong marketing campaign, it may be more attractive to potential customers.
Brand image: The brand image of a firm can also influence the decision of potential customers. If the brand is well-known and trusted, customers may be more likely to choose the firm.
Customer service: The level of customer service provided by the firm can also be a factor. If the firm provides good customer service, customers may be more likely to choose the firm
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.
Rate: Maturity Month/Year: Bid: Asked: Change: Ask Yield:
?? May 36 103.4599 103.5327 +.3287 5.979
6.202 May 39 104.4939 104.6396 +.428 ?? ??
6.158 May 45 ?? ?? +.5392 4.01
In the above table, find the Treasury bond that matures in May 2039. What is your yield to maturity if you buy this bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
After calculations, we can conclude that the coupon rate in the given situation is 6.248.
What is the coupon rate?The annual income an investor might anticipate while owning a specific bond is known as the coupon rate.
The calculation is done by dividing the total of the annual coupon payments by the par value, and it is established at the time the bond is issued.
A bond's yield to maturity and coupon rate are equal at the time of purchase.
So, here in the given situation:
= PMT (rate, nper, pv, [fv], [type])
Tenure of bond = 2019 -2039
Tenure of bond = 20 years
Current price of bond = $2,000x96.865%
Current price of bond = 1937.3
Par value of bond = $2,000
Current price of bond = $1937.3
Yield of Maturity = 6.53%
Tenure of bond = 20 Years
=PMT({6.53%/4} ,{20*4} ,-1937.3, 2000)
PMT= 31.24
Coupon rate = 31.24 x (4/2000) x 100
Coupon rate = 6.248
Therefore, after calculations, we can conclude that the coupon rate in the given situation is 6.248.
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Correct question:
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons.
Company Coupon Maturity LP LY EST
Xenon, Inc. (XIC)6.700 Jan 15, 2036 94.313 ?? 57,375
Kenny Corp. (KCC)7.250 Jan 15, 2033 ?? 6.28 48,954
Williams Co. (WICO)?? Jan 15, 2039 96.865 6.53 43,815
What is the coupon rate for the Williams Co. bond?
James has earned his doctorate in kinesiology and gone on several job interviews. He has been offered positions at different universities. James is planning to move out of state next year, so his primary factor for consideration is that he not be tied down to a long-term commitment. Which option would work the best for him?
a tenure-track position as an assistant professor at a liberal-arts college
a position as an adjunct professor at a technical college
The director of a community athletic center
a postdoctoral fellow at a university
Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does Robert pay in unemployment taxes for the entire year?
A. $840
B. $0
C. $420
D. $210
The amount that Robert will pay in unemployment taxes for the entire year will be B. $0.
Determination of Unemployment Taxes PayableEmployers are subject to an unemployment tax which is known as Federal Unemployment Tax Act (FUTA) depending on the wages and salaries they pay their workers.
Employers must pay FUTA if their employees earn $1500 or more per calendar quarter.
Employers are not obligated to withhold FUTA from employees if we compare it to other payroll-based taxes.
As a result, no unemployment taxes should be deducted from Robert's pay.
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What is a sign of a healthy economy
Answer:
When there are more jobs, better wages and lower interest rates, spending power rise it can have a strong effect on stock prices.
The sign of the healthy economy is that there is an employment opportunity, lower level of poverty, high rate of literary and strong effect on stock prices.
What is Economy?Economy refers to the financial condition of the person or any particular country for the given period of time. It is the method or system through which commodities and services are manufactured, sold, and purchased in a country or area.
The Consumer Confidence Index (CCI) is widely regarded as one of the most precise indicators of consumer sentiment toward the economic system and their individual circumstances. Confidence and spending power rise when there are more jobs, higher wages, and lower interest rates.
Therefore, it can be concluded that When there are more employment, higher incomes, and lower interest rates, spending power increases, which can have a significant impact on stock values.
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Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. Currently Luther is an all equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.The market value of Luther's non-cash assets is closest to:
The non-cash assets of Luther is closest to a market value of $20 billion.
Based on the accounting equation that Assets = Liabilities + Equity, the non-cash assets can also be determined as follows:Non-cash Assets + Cash = Liabilities + Equity (market value)Non-cash assets = 0 + $25 billion - $5 billionNon-cash assets = $20 billion.
Data and Calculations:
Available cash = $5 billion
Number of equity shares = 1.25 billion
Current market price per share = $20
Market value of Equity = $25 (1.25 billion x $20)
Non-cash assets = $20 ($25 - $5) billion
Thus, Luther's non-cash assets has a market value of $20 billion.
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pls help with business (extra points)
Answer:
The easiest business to start is a service business, especially for a beginner. A service business is any kind of business where you sell services. In other words, you sell your skill, labor or expertise — instead of products or goods
Explanation:The easiest business to start is a service business, especially for a beginner. A service business is any kind of business where you sell services. In other words, you sell your skill, labor or expertise — instead of products or goods
The amount of goods and services consumers want is called?
Answer:
C. Demand
Explanation:
Have a nice day
The amount of goods and services that consumers want is called demand.
What is demand?Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as their willingness to pay a certain price for them. When the price of a good or service rises, the quantity demanded falls. Similarly, lowering the price of a good or service raises the quantity demanded.
Demand is a concept that both consumers and businesses are familiar with because it makes sense and occurs naturally throughout almost any day. For example, shoppers who have their eye on a product will buy more if the price is low. When prices rise, such as when the seasons change, shoppers buy fewer items, or none at all.
Therefore, demand is the amount of goods and services consumers want.
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On March 1, Bates Board Shop sells 300 surfboards to a local lifeguard station at a sales price of $400 per board. The cost to Bates is $140 per board. The terms of the sale are 3/15, n/30, with an invoice date of March 1. Create the journal entries for Bates to recognize the following transactions.
the initial sale
the subsequent customer payment on March 10
The Initial sale is = $42,000.
The calculation is as Follows ?Sales=Number of Units ×Sales Price
=300 surfboards×$400
=$120,000
The amount of sales is $120,000.
Cost of Goods Sold=Number of Units×Cost
=300 surfboards×$140
=$42,000
The amount of cost of goods sold is $42,000.
Accounts receivable, often known as AR or A/R, are legally enforceable claims for payment held by a firm for products supplied or services provided that consumers have requested but have not paid for.
Customer onboarding, invoicing, collections, deductions, exception management, and eventually cash posting following payment collection are all steps in the accounts receivable process.
These often take the form of invoices generated by a business and provided to the client for payment within a predetermined time limit. In a balance sheet, accounts receivable are displayed as an asset.
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1. As a Cost and Management Consultant in the banking industry in Ghana, one of your highly
esteemed clients, a top tier banking institution in Ghana has required of you to advise them as to
whether target costing can be applied to the banking industry in Ghana. They further require you
to advise them on what products or services can target costing be applied.
2. 1
What forces have caused cost and management accounting systems designed decades ago to
become less relevant and less valuable for organizational employees in today’s globally
competitive environment?
Answer and Explanation:
The explanation is shown below:-
1. Goal costing is a form of administration with the main emphasis on reducing costs to a set value. Upon targeting the administration front pick the desired value of trading and benefit perimeter, then evaluate the price to achieve this desired cost of trading and benefit perimeter. This then handles all the tasks needed to meet these planned costs. The key aim of goal costing is the company match, the selling price is the consumer price always, and the profit is reduced by the way out.
Target costing for all units can be applied. And to the banking sector in Ghana as a whole, it can be applied. Target costing may be used in the banking division to reduce the expense of service delivery. The full use of bank sources such as deposits, ATMs, money tellers, etc. can be made here.
To most important services such as credit cards, savings, ATM facilities, Internet banking, etc, goal costing can be enforced. The bank must be able to sell the aforementioned services at the same price in the sector and should discover methods to reduce the value to a target price using normal costs. Internet banking gateways, for example, can be outsourced on a central level to minimize costs, ATMs can be further established via ties between previously operated banks.
2. 1 Established decades earlier, the cost and management accounting systems are known as conventional cost control.
Modern cost control has many drawbacks as a result of which companies have to switch to the new cost and accounting control system known as strategic cost management
Some of the factors that make the management of conventional costs less important and less efficient in today's globally competitive environment are as follows:
a. Concentrate on short term targets.
b. Cost management & quality containment is the primary goal.
c. A reactive approach to commodity cost analysis.
d. Although reducing costs, the results could eventually result in fewer goods being delivered.
e. The nature of today's market is too easy to manage.
f. This will not adequately distribute indirect costs which are the main costs in the scene today.
Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:
What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?
The purpose of this research is to examine the service proficiency of OEI and suggest suitable staffing levels for accommodating a growing clientele of 20 and 30.
1. Arrival Rate for Each Customer: 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.
What is the managerial report1. Arrival Rate for Each Customer: 1.25 customers per hour.
Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:10 customers / 8 hours
= 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:1 customer / 3 hours
= 1/3 customers per hour.
3. Travel Time and Waiting Time:
OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.Learn more about managerial report from
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A regulatory agency that protects workers is
A. OSHA
B. EPA
C. FDA
D. SEC
Answer- A. OSHA
Answer:Its A
Explanation:
Just took the quiz
Answer: A. OSHA
Explanation: This is the correct answer on Edge 2020 (just took the quiz and made a 100% ^-^).
Question - 4 (4-2003) An industrial product may be manufactured by two methods of production Using Method X, fixed costs are £5,500,000 per period and variable costs are £535 per unit of product. Using Method Y, fixed costs are £8,260,000 per period and variable costs are £420 per unit of product. (a) Calculate the level of output per period for which the total costs are the same for the two methods of production. Produced by Method X the product has unit costs during a period as follows: Components £275 Labour £180 Production overheads £85 Distribution expenses £120 The figures include variable costs and apportioned fixed costs. (b)Calculate the number of units produced in the period. (c) Compare the total costs of Methods X and Y at the level of output in (b) above.
How long will it take an investment of $2000 to double if the investment earns interest at the rate of 9%/year compounded monthly
Answer:
5 months
Explanation:
when it comes to compound interest rate. The investment rises quickly because it doubles
Write an essay on the industry on which you want to focus. Research and discuss the kinds of
jobs that are available in that industry, the average wage, the economy's effect on the industry,
and so on.
Answer:
Film industry
The film industry is the cinema business under which several different movies are made throughout the year. In India, particularly more than 10 established movie industries work on different regional areas with the Hindi movie industry in Mumbai leading its way to the top.
The movie industry of India is not only the backbone of economy in their regional areas but also provide a lot of revenue to the Country in form f taxes. They are also a good source of employment for a number of individuals.
The wages in the industry are variant based upon the work done withe actors getting the biggest part and the crew workers getting the lowest. The crew members usually get daily wages for their work.
The additional components of the marketing mix for marketing a service does not include which of the following?
people
process
popularity
physical environment
The marketing mix comprises four primary elements: product, price, promotion, and place. However, when marketing services, some additional components are added to the mix. These components are known as the 7Ps of marketing and include people, process, and physical evidence (or physical environment).
Popularity, on the other hand, is not a component of the marketing mix for services. Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
People: This component of the marketing mix is concerned with the people involved in the delivery of the service. These people include the employees, staff, and other personnel involved in providing the service to the customers. These people are critical to the success of the service and need to be trained, managed, and motivated to provide excellent service.
Process: This component of the marketing mix is concerned with the procedures and processes involved in the delivery of the service. The process should be designed to ensure that the service is delivered consistently and efficiently, meeting the needs and expectations of the customers. A well-designed process can enhance the customer experience and help in creating a positive perception of the service.
Physical Environment: This component of the marketing mix is concerned with the physical environment in which the service is delivered. This environment can include the ambiance, decor, lighting, and other factors that contribute to the customer experience.
A well-designed physical environment can enhance the customer experience and contribute to the success of the service.
Popularity: Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
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Which of the following is not a way to accomplish an activity cost reduction? a.improve operations so that the activity-base usage per unit is reduced b.use lower-cost materials c.change the classification of employees doing an activity so as to decrease the activity rate d.none of the above
Answer:
b. use lower-cost materials
Explanation:
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Production costs can be categorized as;
1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.
2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.
Some of the ways to accomplish activity cost reduction are;
I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.
II. The classification of employees doing an activity should be changed so as to decrease the activity rate.
Write down three key takeaways from the home-buying process in the space below.
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
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Perry Holder did not keep a full set of accounting records for his business. However, th information has been obtained to help prepare his financial statements for the year en Non-current assets at net book value Inventory Trade receivables Rent prepayment Trade payables Telephone expense accrued Dr Balance b/d on 1 May 20-7 Receipts from trade receivables Balance c/d at 30 April 20-8 Sales revenue Cost of sales: Opening inventory. Purchases Closing inventory Cost of sales Gross profit Less expenses: Telephone Rent and rates Other expenses Depreciation Profit/loss for the year At 30 April 20-7 £ Bank account Perry Holder Income statement for the year ended 30 April 20-8 £ 90880 68600 8260 8240 650 5160 430 £ 2310 Payments to trade payables. 79 200 Rent and rates 9370 Telephone expenses General expenses Drawings 8260 53 190 ? 3690 13800 4740 ? £ 94300 ? Additional information . There were no cash sales or cash purchases during the year. Depreciation of non-current assets was provided at 20 per cent using the reducing • There were no additions or disposals of non-current assets during the year. All sales achieved a 40 per cent gross profit margin. 2 Prepare a statement of financial position for Perry Holder's business at 30 April 20-8. [28 marks, includes 2 marks for quality of presentation]
We can use the above data to prepare the Statement of Financial Position of Perry Holder as on 30th April 20-8. However there are some values that have to be calculated or estimated. From the given information we can make the following inferences:
Assets:
The non-current asset at net book value is equal to £90,880.Inventory: £6,860£8,260 in trade receivablesPrepayment of rent: £8,240Liabilities:
Trade Payable: £6,190Total phone cost: £650Assets and Debts:
Account Number: £2,310To calculate the missing values we must take into account or estimate the new data. Retained earnings and capital, as well as profit or loss for the year ended 30 April 20-7 have not been disclosed. Additionally, we do not have the exact amount due for general expenses.
With the help of the equation:
Gross Profit = Sales Revenue - Cost of Sales
We are able to determine the gross profit:
£23,100 (Gross Profit) = £57,500 (Sales Revenue) - (£34,400 (Opening Inventory) + Purchases - Closing Inventory)
Assuming that there is no profit or loss for the year up to 30 April 2007:
Profit/Loss for the Year at 30 April 20-8 = Gross Profit - Telephone Expenses - Rent and Rates - Other Expenses - Depreciation
Total equity can be calculated by adding the year's profit or loss to the previous year's earned income or capital.
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Economics
Consumer Priced Index (CPI) - Expresses the current price of a basket of goods or services in terms of the prices during the same period in a previous year.
Gross Domestic Product (GDP) - Monetary value of all the finished goods and services produced within a countries borders in a specific time period.
Macroeconomics - The study of large scale economic factors such as overall workings of a national economy and its relationship to international markets.
Microeconomics - The study and analyses of individual consumers and firms to understand the decision-making process of households and firms.
Choice - A consumer's decision to purchase one good or service over an alternative.
Scarcity - When demand is higher than availability.
Answer the following questions based on the above economic definitions:
What does CPI compare?
A) Money to People
C) Dollars to Euros
B) Purchasing power at different times
D) Wal-Mart to Target
What is the basic relationship between scarcity and choice?
A) Planned Economy
B) Free Enterprise
C) Strategic Industry
D) Absolute Advantage
What would help you decide if the price of a soda has increased or decreased?
A) Choice
B) GDP
C) Scarcity
D) CPI
What your family buys and sells is considered
A) Macroeconomics
B) Microeconomics
Pls help I can’t answer this last 4 questions.
Answer:
Here are the answers to the remaining questions:
What does CPI compare?
Answer: B) Purchasing power at different times
What is the basic relationship between scarcity and choice?
Answer: D) Absolute Advantage
What would help you decide if the price of a soda has increased or decreased?
Answer: D) CPI
What your family buys and sells is considered
Answer: B) Microeconomics
I hope this helps! If you have any more questions, feel free to ask.
орг. Explain the stages in career development plan.
Explanation:
About modern career development, there are six stages of modern career development : Assessment , investment , preparation, commitment , retention, and transition .
assessment: in the assessment you are getting ready for life's works. you started to feel like you want to know more about yourself and make a conscious effort to get in touch with you who you really you are.
key task:
Taking assessment instruments. Working with the career counselor or career cough.Investment: In the investment sage you are researching that work exits in the world. But if you approach this stage with the positive frame of mind,you will you find that you will learn that possibility you may have considered.
key tasks:
researching the world of tasks.