gulf coast shrimp packaging supplies frozen shrimp to grocery chains. it expects sales of 400 tons of shrimp in the next quarter and it plans to produce 380 tons during the same quarter. each ton requires 50 direct labor hours and employees are paid $15 per hour. manufacturing overhead is applied at 120% of direct labor costs. what is the total amount to be budgeted for manufacturing overhead for the quarter?
Answers
According to the question, For the quarter, $342,000 must be allocated to manufacturing overhead.
Overhead is what?The phrase "overhead" describes a business' ongoing operational costs; it excludes, however, the direct costs associated with creating a commodity or service. Expenses for overhead may be fixed, variable, or even a mixture of both.
Briefing-The quarter's budgeted manufacturing overhead is applied at a rate of 120% of the direct labor expense. Quantities to be created multiplied x direct labor hour per unit multiplied x direct labor cost / hour is the formula for calculating direct labor costs.
Gulf Coast Shrimp Packing may determine the total budget manufacturing overhead by utilizing the following formula:
380 tons x 50 hours x $15 per hour = $285,000 direct labor cost
$285,000 x 120% = $342,000 budgeted manufacturing overhead
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Related Questions
______ is the ability to change and be flexible as problems arise and priorities shift.
Answers
Answer:
Adaptability is the answer
NYUT Corporation has a target capital structure of 40 percent common stock and 60 percent debt. Its cost of equity is 15 percent, and the cost of debt is 10 percent. The relevant tax rate is 15 percent. What is NYUT’s WACC?
Answers
A financial indicator known as the Weighted Average Cost of Capital (WACC) shows how much it typically costs to finance a company's operations and projects. It computes the total cost of capital while accounting for the relative weights of various sources of capital, including debt and equity.
To calculate the WACC (Weighted Average Cost of Capital) for NYUT Corporation, we can follow the steps below:
Step 1: Identify the components of the capital structure - common stock and debt. The target capital structure for NYUT is 40% common stock and 60% debt.
Step 2: Determine the cost of each component. The cost of equity is 15%, and the cost of debt is 10%.
Step 3: Determine the tax rate. The relevant tax rate is 15%.
Step 4: Calculate the WACC using the formula:
WACC = (E/V x Re) + ((D/V x Rd) x (1 - T))
Where: E = market value of the firm's equity D = market value of the firm's debt V = total market value of equity and debt Re = cost of equity Rd = cost of debt T = tax rate
Given that the target capital structure for NYUT is 40% common stock and 60% debt, we can assume that the market value of equity (E) is 40% and the market value of debt (D) is 60%.
Also, since the tax rate is given, we can substitute the values in the formula as follows: WACC = (0.40 x 0.15) + (0.60 x 0.10 x (1 - 0.15))
WACC = (0.06) + (0.051)
WACC = 0.111 or 11.1%. Therefore, NYUT's WACC is 11.1%.
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How much should you invest at 2.5% simple interest in order to
earn $100 interest in 15 months?v
Answers
The amount of 3200 should be invested at 2.5% interest.
Let's assume that x is the amount that should be invested at 2.5% simple interest in order to earn $100 interest in 15 months.
Formula for Simple Interest is: I = Prt is the interest rate P is the principal or initial amount of the loan is the annual interest rate as a decimal is the time in years.
By substituting the given information into the formula:100 = x × 2.5% × 15/12Where 2.5% = 0.025 (convert percent to decimal) and 15/12 = 1.25 (convert months to years)Simplify the equation by multiplying both sides by 100/2.5%100/(0.025 × 1.25) = x100/0.03125 = x3200 = x
Thus, an amount of $3200 should be invested at 2.5% simple interest in order to earn $100 interest in 15 months.
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Nola Potter earns a salary of $1,200 a month and a commission of 7.5% on all sales over $4,000. This month her sales were $21,400. Find her total earnings for the month.
Answers
Answer:
$ 2,805
Explanation:
Nora has a salary of $1200
The commission is paid on all sales above $4000 at 7.5%
Current month sales are $21,400.
Commissions to be paid will be 75% of $21,400
=7.5/100 x $21,400
=0.075 x 21,400
=$1,605
Nora's total earnings will be salary plus commissions
=$1,200 +$1,605
=$ 2,805
Which statement is true?
A. a savings savings plan and a budget don’t really have anything to do with each other.
B.it doesn’t do much good to have a savings plan if you don’t know how to budget your money.
Answers
Answer:
B. I'm pretty sure pls tell me if I'm wrong
in the third step of the strategic management process, managers should:
Answers
In the third step of the strategic management process, managers should: Establish the organization's objectives .
Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.
When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.
When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.
Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.
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Which of the following do you not need to take into account when you retire?
Responses:
-Your monthly expenses
-The cost of living in your city and state
-How much money you have saved in your retirement fund
-Whether your money comes from active or passive income
Answers
The thing that does not need to take into account when you retire is Whether your money comes from active or passive income. Thus the correct6 option is D.
What is Retirement?Retirement refers to the duration of an individual's life when he stops working with the purpose of earning money. This retirement is considered a voluntary choice due to health issues or crossing the official age of working which varies from industry to industry.
The major goal of retirement planning is to become financially independent after retirement, which enables a person to live stress-free without worrying about necessities.
Their major objective is to make sure that clients have enough cash to live happily in retirement by taking into account monthly costs and the amount of money you have saved up in a retirement account.
Therefore, option D is appropriate.
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if you are speaking to a culturally diverse business audience, it is recommended that you
Answers
If you are speaking to a culturally diverse business audience, it is recommended that you avoid using handouts, use nouns instead of pronouns when speaking about others, and speak in a less formal style than you would typically use for a U.S. business presentation. Thus, option a, b, and c is correct.
It's important to understand your own biases and how your experiences and values shape the lens through which you view the world. To engage a diverse audience, you should be intentional in preparing for and delivering your communications.
You can seek out colleagues who may understand the perspective of your audience members and use methods of communication with which your audience is comfortable.
Some may consume information via e-newsletter, while others may be more inclined to consider your idea if it is published in a peer-reviewed journal article. Others like to learn information through short videos or tweets. Engaging a diverse audience is not easy, but there are steps you can take to make your communications more effective and compelling.
By knowing your audience and expressing your point through a communication method they use, you can increase your chances of engaging them with what you have to offer. Thus, option a, b, and c is correct.
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Complete Question:
If you are speaking to a culturally diverse business audience, it is recommended that you:
a) avoid using handouts
b) use nouns instead of pronouns when speaking about others
c) speak in a less formal style than you would if speaking for a U.S. -based business presentation
d) use an unstructured organizational plan
HE-39435 company's break-even sales revenue is$900,000, and its variable expenses are 75 of sales. If the HE-39435 company lost $40,000 last year, its sales revenue must have amounted to: Multiple Choicea. $820.000b. $860,000c. $740,000d. $635.000
Answers
If the HE-39435 company lost $40,000 last year, its sales revenue must have amounted to c. $740,000.
The break-even point is when total revenues equal total expenses. In this case, the break-even sales revenue is $900,000, and the variable expenses are 75% of sales. Since the company lost $40,000 last year, we can say that its total expenses must have been greater than its total revenue.
Thus, to find the sales revenue, we can set up the equation: $900,000 = (sales revenue) - (75% of sales revenue) - $40,000. Solving for sales revenue gives us $740,000. This means that the sales revenue must have been at least $740,000 in order for the company to have lost $40,000.
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A company has set up an unfunded deferred compensation plan for its executives. It accrues an expense on its income statement of $5 million per year, but the income tax deduction for these expenses is not taken until deferred compensation is paid out in the future. If the company has a 40% marginal tax rate and a 32% effective tax rate, each year in which the company funds the plan it will recognize a
Answers
Answer:
Deferred tax assets = $2 million
Explanation:
Given:
Total expenses on income statement = $5 million
Marginal tax rate = 40%
Effective tax rate = 32%
Find:
Deferred tax assets
Computation:
Deferred tax assets = Total expenses on income statement x Marginal tax rate
Deferred tax assets = 5 million x 40%
Deferred tax assets = $2 million
is it ethical or unethical to cheat on your taxes? Explain why or why not
Answers
Answer:
it would be unethical to do that because you are breaking the law
Answer:
It would be unethical.
Explanation:
coconutoil2217 is correct, it would be unethical to cheat on your taxes.
Analyze the competitive environment of the supermarket industry in Hong Kong and the competitive response of the two leading supermarket chains. Does the competition of the two leading chains’ parent companies in multiple market segments have an impact on the competitive environment?
Answers
The competitive environment of the supermarket industry in Hong Kong is shaped by intense competition between Chain A and Chain B. The parent companies' involvement in multiple market segments can impact the competitive environment through resource leverage and the influence of external competition.
The competitive environment of the supermarket industry in Hong Kong is characterized by intense competition between the two leading supermarket chains, as well as the impact of their parent companies' competition in multiple market segments. The two leading chains, let's call them Chain A and Chain B, are constantly striving to gain a larger market share and attract customers through various strategies. Both Chain A and Chain B engage in price competition, promotional activities, and customer loyalty programs to differentiate themselves and attract customers.
The parent companies of Chain A and Chain B are involved in multiple market segments beyond supermarkets. This diversification can have an impact on the competitive environment of the supermarket industry in Hong Kong. Firstly, the parent companies may leverage their resources and expertise from other segments to gain a competitive advantage in the supermarket industry.
Secondly, the parent companies' competition in multiple market segments can influence the competitive response of Chain A and Chain B. If the parent companies have a strong rivalry in another industry, it may spill over into their supermarket operations. This could result in more aggressive pricing strategies, increased marketing efforts, or the introduction of innovative services to outperform their parent company's competitor.
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Personal finance skills have the most significant impact on an individual’s
Answers
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
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Why would commercial business be interested in geospatial
analytics?
Answers
Commercial businesses are interested in geospatial analytics because it helps them gain valuable insights, optimize operations, identify market trends, target customers, and make data-driven decisions based on spatial patterns.
Geospatial analytics refers to the collection, analysis, and interpretation of data with a spatial component, such as location, distance, or proximity. Commercial businesses find geospatial analytics valuable for several reasons. Firstly, it enables them to gain insights into their operations and supply chains by analyzing spatial patterns, optimizing routes, and identifying bottlenecks or inefficiencies. Secondly, geospatial analytics helps businesses understand market trends, customer behavior, and preferences based on location data. This information enables targeted marketing and customer segmentation strategies. Thirdly, businesses can leverage geospatial analytics to identify potential new market opportunities and expansion possibilities based on spatial analysis of demographic, economic, and environmental factors. Additionally, it assists in risk assessment and mitigation by evaluating location-specific risks, such as natural disasters or security threats. Overall, geospatial analytics empowers commercial businesses to make informed, data-driven decisions by incorporating spatial intelligence into their operations and strategic planning.
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which documents for clearing customers or transaction between customer and vendor are issues by a bank upon a custom'ers request
Answers
The documents issued by a bank upon a customer's request to clear transactions between the customer and vendor are typically banker's drafts or cashier's checks.
A banker's draft, also known as a bank draft or demand draft, is a payment instrument issued by a bank on behalf of a customer. It is a guaranteed form of payment as the funds are drawn directly from the customer's bank account. The customer requests the bank to issue a banker's draft payable to the vendor or recipient, and the draft can be used to clear the transaction between the customer and the vendor.
Similarly, a cashier's check is another document issued by a bank. It is a check drawn on the bank's own funds rather than the customer's account. The customer provides the bank with the necessary details, and the bank issues a cashier's check payable to the vendor or recipient. The cashier's check serves as a secure form of payment for the transaction.
Both banker's drafts and cashier's checks provide a level of assurance to the recipient, as they are backed by the issuing bank and ensure that the payment will be honored. These documents facilitate the clearing of transactions between customers and vendors, providing a reliable and trusted means of payment.
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Explique la teoría del valor y de un ejemplo con algún bien o servicio de su uso cotidiano. (colombia)
Answers
Answer:
En economía, se habla de teorías del valor para indicar el conjunto de concepciones sobre la génesis y determinación del valor, como propiedad de las mercancías distinta del costo y lógicamente antecedente al precio, que constituye su manifestación fenomenal en esta perspectiva.
La economía política siempre ha tratado de responder a la pregunta: ¿de dónde viene el valor? Las respuestas fueron muy divergentes. Van desde la escasez de bienes disponibles, a su utilidad, a la necesidad de remunerar los factores productivos, incluido el capital y considerando su remuneración; - el beneficio - como recompensa por la abstinencia del capitalista, que puede permitirse renunciar al consumo para utilizar la propia riqueza de forma productiva, etc.
SOS
A country has a trade deficit of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country decreases its exports bus 10 billion.
B. The country increases its exports by $30 billion.
C. The country decreases its imports by $10 billion.
D. The country increases its imports by $30 billion.
Answers
B) the country increases its exports by $30 billion
Explanation:
I took a quiz
Answer:
increases its export 30 million
Explanation:
list the importance of physiotherapist and dentist
Answers
Answer:
Importance of physiotherapist:
1. They help people affected by injury,illness or disability through movement and exercise,manual therapy, education and advice.
2. They maintain health for people of all ages, helping patients to manage pain and prevent diseases.
3. Manage heart and lungs problem.
4. Recover from or prevent a sports injuries.
Importance of dentists:
1. Dentists helps to keep your teeth and mouth healthy.
2. It helps to prevent from tooth decay.
3. Protects against gum diseases, which can lead to tooth decay.
Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, and the dentist help to maintain the health of your teeth and mouth.
What is the physiotherapist?Physiotherapists treat people of all ages, assisting them in regaining their range of motion after an injury or illness. They also use exercise and manual therapy to help disabled people improve their health and quality of life.
Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, physiotherapist keep people of all ages healthy by assisting patients with pain management and disease prevention.
They are differing from the Dentists, as the dentists help to maintain the health of your teeth and mouth, It aids in the prevention of tooth decay, and helps to prevent gum disease, which can lead to tooth decay.
Therefore, physiotherapist and Dentists both play the important role for the patients.
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Need help
what did police find in Bidens home?
Answers
Answer:
Explanation:
The FBI spent more than 12 hours searching President Biden's Wilmington, Del., residence Friday, and found more classified documents.
Some of the items date back to Biden's time as a a senator, while others were from his time as vice president, said Biden's personal attorney, Bob Bauer, announced the extraordinary development in a Saturday night statement. The Justice Department also took some handwritten notes for further review, he said.
A spokesman for the U.S. attorney in Chicago, who is overseeing the investigation of the documents until special counsel Robert Hur is in place, confirmed the search, saying that the FBI had "executed a planned, consensual search" of Biden's home.
It's the latest in a series of disclosures that has raised questions about Biden's handling of classified material, and comes after the White House had said that searches of Biden's residence had been complete.
Biden says he has 'no regrets' on how he's handled classified documents discovery
POLITICS
Biden says he has 'no regrets' on how he's handled classified documents discovery
Biden has been defiant about the issue, telling reporters on Thursday that he has "no regrets" about how he and his team have handled the discovery and disclosure of the documents.
Answer: he fbi found classified documents
Explanation:
Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting
Answers
Answer:
4,750
Explanation:
Calculation for How many additional votes are required to guarantee a seat on the board
First step is to Calculate for STRAIGHT VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/2)+1)
Let plug in the formula
Additional Votes=((28,500/2)+1)
Additional Votes=14,251
Second step is to calculate for CUMULATIVE VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)
Let plug in the formula
Additional Votes=((28,500/(2 +1))+1)
Additional Votes=9,501
Last step is to calculate How many additional votes are required
Using this formula
Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes
Let plug in the formula
Additional votes = 14,251-9,501
Additional votes = 4,750
Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750
Suppose a ten-year bond with semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bond's coupon rate is closest to: Question 1 options: A) 3.5% B) 6.0% C) 7.0% D) 8.0%
Answers
A ten-year bond with semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bond's coupon rate is closest to 6%.(B)
For bonds, the future cash flows are the coupon payments and the principal payment at maturity. Thus, we can use this formula to find the price of the bond:PV = (C/2) * [1 - (1 + r/2)^-n] / (r/2) + FV / (1 + r/2)^nHere, PV is the price of the bond, C is the coupon payment, r is the yield to maturity, n is the total number of coupon payments, and FV is the face value of the bond.The bond has a face value of $1000 and a ten-year maturity, which means there are 20 semiannual coupon payments. We are given the price of the bond, which is $1,071.06, and the yield to maturity, which is 7%.
However, since the bond makes semiannual coupon payments, we need to double the coupon rate to get the annual coupon rate, which is 10%. Since the question asks for the closest answer, we can round 10% to the nearest whole number, which is 6%. Thus, the closest answer is (B) 6.0%.
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As mentioned in the text, McDonald's success in various countries can be attributed to its managers
A)utilizing their schema knowledge for each market.
B)implementing a ban on quid pro quo behavior.
C)having biases toward the country they worked in.
D)having relatively accurate perceptions about what customers want.
E)using stereotypes in their hiring practices.
Answers
McDonald's success in various countries can be attributed to its managers having relatively accurate perceptions about what customers want.
McDonald's success in different countries can be primarily attributed to its managers' ability to accurately perceive and understand the preferences and demands of the local customers. By carefully observing the local market and analyzing consumer behavior, McDonald's managers are able to adapt their menu offerings and marketing strategies to cater to the specific tastes and preferences of each country. This adaptability allows McDonald's to effectively meet the needs of diverse customer bases around the world.
One key factor that contributes to the managers' accurate perceptions is their continuous efforts to gather feedback and conduct market research. McDonald's invests in understanding local cultures, customs, and culinary traditions, enabling their managers to make informed decisions about menu localization and product innovation. For example, in some Asian countries where rice is a staple food, McDonald's introduced rice-based dishes to cater to the local preferences. By leveraging their knowledge and understanding of the market, McDonald's managers can ensure that the menu options are appealing and relevant to the local customer base.
Another important aspect is the emphasis on localized marketing campaigns. McDonald's managers understand that effective marketing requires a deep understanding of the target audience. They consider cultural nuances, language preferences, and social trends to create campaigns that resonate with local consumers. This localized approach helps in building strong connections with customers and fosters brand loyalty in different markets.
McDonald's success can also be attributed to its focus on training and developing managers who possess strong leadership skills and a customer-centric mindset. These managers are trained to constantly seek feedback from customers, analyze market trends, and adapt their strategies accordingly. By staying attuned to the evolving needs and preferences of their customers, McDonald's managers can effectively tailor the company's offerings and services to each specific market.
The success of McDonald's in various countries is not simply a result of relying on stereotypes or biases. Instead, it is a testament to the company's commitment to understanding and meeting the unique needs of each market. McDonald's managers play a vital role in this process by leveraging their knowledge, gathering insights, and making informed decisions that contribute to the overall success of the brand worldwide.
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Two characteristics of an autocratic and democratic leadership style
Answers
Answer:
• You have a highly structured working environment.
• You dictate all the working methods and processes.
Explanation:
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How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
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Explain how credit card companies make money on their cards. What is a credit card issuer?
Answers
Explanation:
1st question) they make money thru interest, processing fees (which is like a little tax on businesses for accepting credit) and fees charges to cardholders (some charge at ATMS for withdrawal etc).
a credit card issuer is a bank or credit union that supplies the credit card to the consumer. ex: capital one, citi, bank of america.
The Recovery Continuum ______________
A. is a Shared Situational Picture (SitPic) of the recovery operations.
B. is the model that is used to determine when recovery efforts should end.
C. is the model that is used to determine when the EOC should be activated.
D. shows the interconnectedness of recovery activities from pre-incident recovery preparation through the long term recovery.
Answers
Answer: D. shows the interconnectedness of recovery activities from pre-incident recovery preparation through the long term recovery.
Explanation: The Recovery Continuum shows the interconnectedness of recovery activities from pre-incident (pre-disaster) recovery preparation through the long term (post-disaster) recovery and the whole process is best described as a series of interdependent and sometimes concurrent activities that progressively advance a community toward its planned recovery outcomes.
The Recovery Continuum includes four phases of activities which are as follows:
1. Pre-Disaster Preparedness
2. Post-Disaster Short-Term (lasting from days to weeks)
3. Post-Disaster Intermediate-Term (lasts for a few weeks to several months) and,
4. Post-Disaster Long-Term (months to years)
Which term describes a country that has relatively high ratings for per capita income, GDP, and standard of living?
Answers
An advance economies is what describes the country that has relatively high ratings for per capita income, GDP and standard of living
What is called an advance economies?This refers to the economies that have a high level of per capita income, a varied export base, and a financial sector that's integrated into the global financial system.
In other word, the advance economies is also called a developed economies and it is related to countries with relatively high levels of economic growth and security are considered to have developed economies. The common criteria for evaluation include income per capita or per capita gross domestic product.
Therefore, the Option A is correct.
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Click this link to view O*NET’s Work Styles section for Biomedical Engineers. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are some common work styles needed by Biomedical Engineers? Check all that apply.
analytical thinking
negotiation
dependability
integrity
dominance
attention to detail
Answers
Answer: analytical thinking
dependability
integrity
attention to detail
Explanation:
Biomedical engineering is also referred to as medical engineering and it has to do with how the principles of engineering are applied to medicine.
According According to O*NET, the common work styles that are needed by the Biomedical Engineers are analytical thinking, dependability, integrity and attention to detail.
Answer:
analytical thinking
dependability
integrity
attention to detail
Explanation:
which function relates to maintaining inventory?
Answers
Answer:
The production department is the unit tasked with ensuring that the business has a continuous flow of merchandise inventory. As selling activities are continuous, the production unit must keep up the pace by ensuring there is sufficient inventory for the sales team to sell.
since $6,100 is within the prediction interval, managers should ---select--- concerned about incurring such a high total cost for one month.
Answers
Since $6,100 falls within the prediction interval, managers should not be overly concerned about incurring such a high total cost for one month. A prediction interval is a range of values that an observed value is likely to fall within based on a statistical model. In this case.
If the actual cost falls within the prediction interval, it means that the estimated cost was accurate and the variation in the actual cost falls within what was expected. Therefore, the cost of $6,100 should not be seen as a cause for concern as it is within the expected range.
However, it is important to note that if the actual cost consistently falls towards the upper end of the prediction interval, then managers may want to investigate why this is occurring and take steps to address any potential issues. It is also important to continually monitor and adjust the statistical model used to calculate the prediction interval to ensure its accuracy over time.
In summary, while $6,100 may seem like a high total cost for one month, if it falls within the prediction interval, managers should not be overly concerned and should continue to monitor the cost to ensure it remains within expected ranges.
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