Answers
If the federal reserve increases the discount rate banks will borrow more reserves, make more loans, and the money supply will grow fast. It is a false statement.
What happens when the discount rate is increased?The discount rate reduces future cash flows, hence the lower the present value of those future cash flows, the higher the discount rate. A larger present value results from a lower discount rate. This suggests that money in the future will be worth less than it is now when the discount rate is higher.
Depository institutions have less motivation to borrow when the discount rate is raised, which affects both the amount of reserves they hold and the volume of lending they do.
The appropriate response is false.
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Related Questions
*IF CORRECT ANSWER IS GIVEN I’LL AWARD BRAINLIEST!*
Ronald is interviewing at a large orthopedic clinic for a job that includes the duties of submitting claims for reimbursement, reviewing denials, settling billing matters, applying general accounting principles, and dealing with any other issues or follow-up on claims. Identify the area in which Ronald will be working.
(A) Deterministic algorithm
(B) Revenue cycle
(C) R-ADT
(D) Chargemaster
Answers
The area in which Ronald would be working in the Orthopedic clinic for the specified job is:
(D) ChargemasterWho is a Chargemaster?This refers to the person whose job in a hospital is to provide billing information to patients, and is also in charge of claims and also general accounting principles.
With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.
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WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Answers
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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Andretti Company has a single product called a Dak. The company normally produces and sells 81,000 Daks each year at a selling price of $58 per unit. The company’s unit costs at this level of activity are given below:
Direct materials $ 8.50
Direct labor 10.00
Variable manufacturing overhead 2.40
Fixed manufacturing overhead 10.00 ($810,000 total)
Variable selling expenses 4.70
Fixed selling expenses 3.00 ($243,000 total)
Total cost per unit $ 38.60
A number of questions relating to the production and sale of Daks follow. Each question is independent.
Required:
1-a. Assume that Andretti Company has sufficient capacity to produce 105,300 Daks each year without any increase in fixed manufacturing overhead costs. The company could increase its unit sales by 30% above the present 81,000 units each year if it were willing to increase the fixed selling expenses by $130,000. What is the financial advantage (disadvantage) of investing an additional $130,000 in fixed selling expenses?
1-b. Would the additional investment be justified?
2. Assume again that Andretti Company has sufficient capacity to produce 105,300 Daks each year. A customer in a foreign market wants to purchase 24,300 Daks. If Andretti accepts this order it would have to pay import duties on the Daks of $1.70 per unit and an additional $12,150 for permits and licenses. The only selling costs that would be associated with the order would be $2.00 per unit shipping cost. What is the break-even price per unit on this order?
3. The company has 700 Daks on hand that have some irregularities and are therefore considered to be "seconds." Due to the irregularities, it will be impossible to sell these units at the normal price through regular distribution channels. What is the unit cost figure that is relevant for setting a minimum selling price?
4. Due to a strike in its supplier’s plant, Andretti Company is unable to purchase more material for the production of Daks. The strike is expected to last for two months. Andretti Company has enough material on hand to operate at 25% of normal levels for the two-month period. As an alternative, Andretti could close its plant down entirely for the two months. If the plant were closed, fixed manufacturing overhead costs would continue at 35% of their normal level during the two-month period and the fixed selling expenses would be reduced by 20% during the two-month period.
a. How much total contribution margin will Andretti forgo if it closes the plant for two months?
b. How much total fixed cost will the company avoid if it closes the plant for two months?
c. What is the financial advantage (disadvantage) of closing the plant for the two-month period?
d. Should Andretti close the plant for two months?
5. An outside manufacturer has offered to produce 81,000 Daks and ship them directly to Andretti’s customers. If Andretti Company accepts this offer, the facilities that it uses to produce Daks would be idle; however, fixed manufacturing overhead costs would be reduced by 30%. Because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. What is Andretti’s avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers
If there is a 30% boost in Andretti Company's sales, an extra $188,400 in income will be produced.
On the other hand, there will be an extra $130,000 charge for fixed selling expenditures.
As a result, the organization will witness a boost of $58,400 in its overall profits.
Would this be a sound financial decision?Making an extra investment of $130,000 would be a sound decision as it would lead to an elevation of $58,400 in the net income.
Here is a more detailed explanation of the calculations:
The company's total variable expenses would increase from $3,839,000 to $4,511,100.
The company's total fixed expenses would increase from $1,053,000 to $1,183,000.
The company's net income would increase from $795,000 to $853,400.
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A firm’s accounting profit is equal to
Answers
The total revenue less all explicit costs, including depreciation, is the accounting profit. Economic profit is calculated by deducting entire costs from the total revenue or return of a business or investment.
What is accounting?
Accounting is the organized, consistent recording, reporting, and comprehension of a business's financial activity.
Subtracting explicit costs from total revenues yields accounting profit. Total revenues minus both explicit and implicit costs equals economic profit.
Explicit costs are expenses incurred directly by a company, such as payments for goods, rent, or labor and salaries. Accounting profit exceeds economic profit, assuming that implicit costs are positive.
As a result, a firm’s accounting profit is equal to total revenue minus explicit costs.
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In a task assignment situation, in how many different ways can five jobs be assigned to five machines if each job must be assigned to each machine and each machine must be assigned one job?
A. 5
B. 1
C. 3,125
D. 120
E. 25
Answers
Answer: D. 120
Explanation:
The first machine being assigned a job can be assigned one from 5 jobs.
Once that happens, the next machine can only be assigned from any one of 4 jobs.
The next machine, any one of 3 jobs.
The next machine, any one of 2 jobs.
The Last machine gets the last job remaining.
The different ways a job can be assigned therefore are;
= 5 * 4 * 3 * 2 * 1
= 120
Bella is 23 years old and wants to invest money for her retirement. She wants to have $2,000,000 saved up when she retires at age 65. a) If she can earn 10% per year in an equity mutual fund, calculate the amount of money she would have to invest in equal annual amounts to achieve her retirement goal. b) Alternatively, how much would she have to invest in equal monthly amounts starting at the end of the current year or month respectively. c) Looking at these numbers, most people would think this is affordable. Why do you think most Americans are not saving for their retirement? Discuss what you believe to be the real reason most 23 year olds (like Bella) are not saving for retirement. What do you think we can do to change this trend?
Answers
Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
The profit function for sales of two models of television sets at a chain discount store is given by where x is the number of sales per week of model A, and y is the number of sales per week of model B. Find and interpret the result.
Answers
Answer:
The correct option is B) Px(10, 15) = 80
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by one unit and holding sales of model B at 15 units will increase profit by approximately $80.
Explanation:
Note: This question is note complete. The complete question is therefore provided before answering the question as follows:
The profit function for sales of two models of television sets at a chain discount store is given by P(x, y) = 140x + 160y - 6x^2 + 4xy - 8y^2 - 500, where x is the number of sales per week of model A, and y is the number of sales per week of model B. Find Px(10, 15) and interpret the result.
A) Px(10, 15) = 120
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by
one unit and holding sales of model B at 15 units will increase profit by approximately $120
B) Px(10, 15) = 80
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by one unit and holding sales of model B at 15 units will increase profit by approximately $80.
C) Px(10, 15) = 140
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by one unit and holding sales of model B at 15 units will increase profit by approximately $140
D) Px(10, 15) = 60
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by one unit and holding sales of model B at 15 units will increase profit by approximately $60
The explanation to the answer is now given as follows:
Given;
P(x, y) = 140x + 160y - 6x^2 + 4xy - 8y^2 - 500 ........................ (1)
Taking partial differentiation of equation (1) with respect to x, we have:
Px(x, y) = 140 - 12x + 4y ...................... (2)
Since we are given Px(10, 15), it implies we substitutes for x = 10 and y = 15 into equation (2) and estimate as follows:
Px(10, 15) = 140 - (12 * 10) + (4 * 15)
Px(10, 15) = 140 - 120 + 60
Px(10, 15) = 80
Therefore, the correct option is B) Px(10, 15) = 80
At a sales level of 10 units of model A and 15 units of model B, increasing sales of model A by one unit and holding sales of model B at 15 units will increase profit by approximately $80.
Explain the percentage distribution in statistics
Answers
Answer:
The percentage distribution is a statistical distribution of relative frequency, in which the relative frenquencies are percentages over the total number of data, that in this case is equal to 100%.
In order to create a percentage distribution chart, we group the data into classes, and then, we count the number of times the elements of the class appear in the sample, finally, we convert this number into a percentage.
why is it so important that the mouth and stomach are near the start of the digestive system
Answers
The process is important to finish the digestion and absorption once the foodstuff has been swallowed.
What is the digestive system?The organs aid in the body's foodstuff digestion and absorption helps compensate the digestive tracts. It is a lengthy, twisted tube with a mouth beginning and the withdrawal is with the help of the anus.
Saliva production happens inside the mouth. This salivary amylase molecule, which is found in charge of breaking down carbohydrates, is present in saliva. This is done with the help of the digestion the absorption of the various materials.
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Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.
For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.
Sleep
Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
Travel (to work, to school, or for appointments)
Work hours (total hours at the workplace, excluding lunch or breaks)
School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
Fitness (formal or informal, attending the gym or walking home from work)
Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)
Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm
Answers
Here is an example of a three-day activity log:
The Activity LogDay 1:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Day 2:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Day 3:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.
It's important to be honest and accurate while filling out the log to get the most benefit from it.
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which of the following is true of simulations?
a. Simulations provide learning situations with a high degree of human contact.
b. Trainees do not have to acquire any prior knowledge while playing a game.
c Simulations can safely put employees in situations that would be dangerous in the real world.
d. Compared to most other training methods, development costs are low.
Answers
A true statement on simulations is that c Simulations can safely put employees in situations that would be dangerous in the real world.
Why do companies use simulations?Simulations allow for companies to be able to test for how different situations and scenarios would affect the company. One way they do this is by putting their empooyees into simulations.
In these simulations, the company isfree to test anything it wants to test. This includes situations that might be dangerous to the employees in the real world, but would be fine to test in a simulation as it is not real.
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What is the discount rate of a stream of cash flows of 50,000 that have a present value of 450,000?
Answers
Answer:
11
Explanation:
After choosing a shape to create, what instructions should you follow next?
left mouse click, hold down, and drag
double-click at the end of the document
right mouse click and select the area to fill
triple-click at the beginning of the document
Answers
After choosing a shape to create, The instructions that you should follow next is: A. left mouse click, hold down, and drag.
How to create a shape?Your can create a shape of your choice using photoshop in which you have to follow the necessary step to successful create the shape you intend to create.
After choosing the shape you want to create the next step of action is for you to left click on you mouse and the hold it down and drag, this process will enable you to create the shape successful.
Therefore the correct option is A.
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XYZ Corporation is a traditional reputation retail commercial corporation. Under the pressure of the online
trading wave, the Board of XYZ Corporation had to reform to survive. They decided to set up an e-commerce
startup, named as "e-XYZ" in order to collaborate and support XYZ Corporation' traditional commercial
operations. The Board has assigned Mr. Lê Hoàng Minh, the CIO of XYZ Corporation, in charge of the Chairman
of e-XYZ. Mr.Minh now needs to clarify the vision, mission and/or the strategic development plan of this own eXYZ.
e-XYZ should mobilize the Human Resources from former XYZ' employees in combination with the new
candidates from outside. Minh would like to establish a plan (named as “Gen X – plan”) to extensively change the
culture and structure of e-XYZ FinTech toward an open, innovative, creative organization.
Based on the theories learned in the "Leadership" course, give your own ideas to address the following issues:
Issue 1 (2.0 marks):
What model of cross-cultural organization should Mr Minh LÊ propose to the Board? Explain your
argument using theory/ies and examples for support.
Issue 2 (2.0 marks):
What're the steps of this “Gen X – plan”? Describe the detailed plan together with Minh' specific action
plan for that?
Answers
The cross-cultural organization model that Mr Minh Lê should propose to the board is the Hofstede model, which increases organizational awareness of cultural diversity in global companies.
Hofstede's model
Used in intercultural management with the aim of helping a company and its people to create learning about the impact of cultural diversity in the workplace, creating greater value at work, strengthening the organizational culture and increasing performance.
The basis of Hofstede's model is the differences between individual beliefs and values according to the goals and objectives of the work. The model therefore seeks to increase satisfaction by instituting practices that promote diversity through the creation of a sense of belonging.
The steps os this "Gen X- plan" that the manager should follow would then be the environmental analysis, identification of leadership, control of information, financial management, organizational processes, creating a new portfolio of services, restructuring the culture and instituting the strategic plan.
Therefore, it is necessary that the planning for the cultural and structural change of e-XYZ FinTech towards an open, innovative and creative organization, is focused on environmental and cultural restructuring, with the creation of value for the stakeholders.
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Swarovski is associated with what product?
Answers
Answer:
Swarovski is associated with Crystal Jewelry.
Answer:
lol 69 but its Crystal Jewelry
Explanation:
High levels of GDP per capita indicate...
Answers
High levels of GDP per capita indicate an excellent standard of living. An increase in GDP per capita is frequently linked to favorable outcomes across a variety of domains.
What is GDP per capita?Gross Domestic Product (GDP) per capita measures a nation's GDP as a percentage of its entire population. A common indicator of a nation's affluence, level of life, and all-around well-being is its GDP per capita. A low number signifies that a nation struggles to meet the needs of its citizens. The GDP per capita provides a substantially more realistic picture of living standards when compared to GDP alone. Since a country's national revenue is inversely correlated with its population, a growth in GDP makes perfect sense as the population grows.Learn more about GDP per capita here:
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Claremore Industries uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,000 units during the period and had 15,000 units in progress at year-end, the latter at the 40% stage of completion. Total material costs amounted to $220,000; conversion costs were $414,000. The cost of the ending work in process is: Multiple Choice $54,000. $78,000. $114,000. $195,000. None of the answers is correct.
Answers
Answer:
$78,000
Explanation:
Calculation for The cost of the ending work in process
First step is to calculate the Material cost per unit.
Material cost per unit = $220,000 / (40,000+15,000)
Material cost per unit= $220,000 / 55,000
Material cost per unit= $4
Second step is to calculate the Conversion cost per unit
Conversion cost per unit= $414,000 / (40,000 + (15,000*40%)
Conversion cost per unit= $414000 / 46000
Conversion cost per unit= $9
Third step is to calculate total cost per equivalent unit
Total cost per equivalent unit= $4 + $9
Total cost per equivalent unit= $13
Fourth step is to calculate the equivalent unit of the ending work in process
Equivalent unit of the ending work in process= 15,000 × 40%
Equivalent unit of the ending work in process= 6,000
Now let calculate cost of the ending work in process
Cost of the ending work in process = 6,000 × $13
Cost of the ending work in process = $78,000
Therefore The cost of the ending work in process is $78,000
Select the education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers. Check all that apply.
high school degree
stamina
leadership
patience
concentration skills
associate degree
creativity
Answers
Answer:
High school degree
Stamina
Patience
Concentration skills
Explanation:
Just did it on edg.
The education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers are:
High school degreeStaminaPatienceConcentration skillsWhat is Warehousing and Distribution Center Operation?Distribution centers offer value-added services such product mixing, order fulfilment, cross-docking, kitting, and packing in addition to the primary function of storing items in warehouses. Distribution centers, in contrast to warehouses, also only keep the necessary quantity of goods for a shorter amount of time.
Because they primarily support B2B enterprises as a conduit between suppliers and customers, distribution centers are more customer-centric. Distribution centers are in charge of effectively meeting customer demands and expectations; warehouses are in charge of safely keeping products.
Operations at distribution centers are therefore more complicated than those at warehouses. Distribution centers use state-of-the-art technology for order processing, inventory management, warehouse management, and transportation management.
Define concentration."The ability to direct your thinking in any direction you choose and to hold it for as long as you choose" is the definition of concentration.
Concentration is the capacity to narrow the field of awareness to one particular idea or subject while rejecting all other distractions.
One of the most crucial skills anybody should have is the capacity to concentrate. However, the majority of people find it difficult to focus. They frequently can't focus on one thing for a reasonable amount of time since their attention tends to wander.
This is a problem that can be solved. The capacity for concentration can be improved, just like any other talent. A person who practices mental discipline may concentrate without being interrupted by thoughts, sounds, or anything else.
While you might occasionally appear to be reading or concentrating on your work, if your attention is diverted you probably won't be able to retain the information for long enough to use it properly to produce something intelligible.
If you find the subject matter to be "boring," you're too sleepy or hungry, you have too much on your plate, you lack motivation for a long-term or short-term goal, or you're very concerned or worried and easily distracted, your ability to focus may be affected.
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Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
Answers
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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if the inventory turnover ratio cast co is 5x and its gross profits and sales are $270 million and $1,200 million respectivelly then the inventory account for cast is
a.$180 million
b.$182 million
c.$186 million
d.$196 million
Answers
Answer:
c.$186 million
Explanation:
Calculation to determine what the inventory account for cast is
Using this formula
Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast
Where,
Sales=$1,200 million
Gross profit=$270 million
Inventory turnover ratio cast =5x
Let x be the inventory account for cast
Let plug in the formula
5x=$1,200 million-$270 million
5x=$930 million
x=$930 million/5
x=$186 million
Therefore the inventory account for cast is $186 million
contents of the workmen's compensation act
Answers
Answer:
The Workmen's Compensation Act, 1923 provides for payment of compensation to workmen (or their dependants) in case of personal injury caused by accident or certain occupational diseases arising out of and in the course of employment and resulting in disablement or death. The Act was last amended in 1976.
Hope this answer is right!
Which of these was the first government of the United States?
Group of answer choices
Constitution
Declaration of Independence
Articles of Confederation
Mayflower Compact
Answers
Answer:
Declaration of independence
Explanation:
I did that test yesterday lol
Answer:
3. Articles of Confederation
Explanation:
Hope this helps!
illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
Answers
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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One instance of a political or legal trend is the maturing of the "Millennials" cohort in
the United States.
True
False
Answers
True. The maturing of the "Millennials" cohort in the United States is an instance of a demographic trend, which can have political and legal implications as this generation becomes a larger portion of the population and gains more influence in society.
What are MillennialsMillennials are a generation of people born between the early 1980s and the mid-1990s or early 2000s, depending on the source. They are also sometimes referred to as Generation Y. Millennials are known for growing up during a time of rapid technological advancement, globalization, and social change.
They are the first generation to have grown up with easy access to the internet, social media, and smartphones, which has shaped their attitudes, behaviors, and worldview.
The values, beliefs, and priorities of the Millennial generation are likely to shape the political and legal landscape in the years to come.
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Revise the following sentences to avoid confusing jargon, slang, and wordings.
1. If you refer back to our five year plan, you will see that there are provisions for preventing blowing the budget.
Answers
The revised sentence is "If you review our five-year plan, you will notice that there are measures in place to prevent exceeding the budget.
Why is revision of sentences important?Sentence revision is important because it ensures clarity and effective communication.
By avoiding confusing jargon, slang, and wordings, revised sentences are easier to understand by a wider audience.
Clear and concise language helps convey ideas accurately and reduces the risk of misinterpretation or confusion.
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Small Business Management (1)
Please refer attached
Answers
Small business management refers to the process of overseeing and operating a small business. It involves various activities such as planning, organizing, leading, and controlling business operations to achieve the goals of the organization.
Small business management includes various functional areas such as marketing, finance, human resources, and operations. In order to effectively manage a small business, it is important to have a clear understanding of the business environment, competition, customer needs, and available resources. This requires conducting market research, identifying target markets, developing a marketing strategy, managing finances, and developing a team of skilled employees.
Effective small business management also involves establishing clear communication channels, delegating responsibilities, and establishing performance metrics to measure success. The key to successful small business management is to stay focused, prioritize tasks, and be flexible in adapting to changing business conditions. Overall, small business management is critical for the success of any small business. It requires a combination of skills, knowledge, and experience to effectively manage a small business and achieve its goals.
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Select the correct text in the passage.
Read the following paragraph and determine which components highlight the purpose of personal protective equipment.
The food service manager of the restaurant San Lucas requests permission from the owner to buy personal protective equipment for some of the
kitchen staff. The owner comments that it is a good idea. She thinks that personal protective equipment would help the kitchen staff feel happier at
work. The staff would also look more professional when working in the open kitchen. The food service manager added that the personal protective
equipment would keep the employees safer, especially when working with extreme temperature items. He also informed the owner that the equipment
would allow the restaurant to comply with the latest government regulations on food service operations.
Reset
Next
Answers
The purpose of personal protective equipmentis that the personal protective equipment would keep the employees safer, especially when working with extreme temperature items.
What is personal protective equipment?Personal protective equipment can be described as the meausres that can help to prevent the employee from danger in broader sense oit can be described as the items such as gloves, safety glasses and shoes, earplugs or muffs, hard hats, as well as full body suits that can be used to ensure proper safety with theuse of personal protective equipment.
In conclusion, from the paragraph it can be seen that purpose of personal protective equipment is one that would keep the employees safer, especially when working with extreme temperature items which is the components that highlight the purpose of personal protective equipment.
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Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)
Answers
The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.
How do these events impact the equilibrium price and quantity?The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.
But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.
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During a job interview, Pam Thompson is offered a salary of 49,000. The company gives annual raises if 6 percent. What will be Pam"s salary during her 5th year on the Job?
Answers
A garment manufacturing company invested $3 million on its new product line. It wants to earn an ROI of 10 percent. Which pricing
strategy should the company use?
A.
target-return pricing
B.
markup pricing
С.
perceived-value pricing
D.
value pricing
Answers
Answer:
Target-return pricing
Explanation:
Got 100%
