Quiz 3: SP23: LEGAL ENVIRONMENT OF BUSINESS: 1518

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Q1. Explain the benefits and challenges of CRM. Customer relationship management?

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QUESTION 30 The following tabulations are actual sales and forecasts for 6 months. What is ME (Mean Error) at the end of June? (carry to 2 decimal places) Month January February March April May June Demand 408 395 405 420 430 388 Forecast 400.00 403.20 399.92 401.95 409.17 417.50

Question 30 Which of the following icons is used to create a Form? 国 Query Cegn DForm Wizsrd Table Beport Nea

29 00:24 1 令.l 50 B/s Question no. 02: A Leading manufacturer of Action Figures is about to introduce four new Action Figures. The accompanying table summarizes price and cost data, combined fixed costs equal $650,000. A marketing research study predicts that for each unit sold of Noyan, 2 units of Dogan, 3 units of Bamsi and 4 units of Turgut will be sold. Action Figures Turgut Bamsi Dogan Novan Selling Price (in dollars) 35 26 24 16 Variable Cost/unit (in dollars) 17 12 12 11 Table 1 a) How many product mix units must be sold to break even? b) How does it translate into sales of individual games?

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ca/d21/le/content/775993/viewContent/6496162/View YouTube W Maps 4. Retaining Walls R Us has received numerous complaints from its major customer Humungous Warehouse about the accuracy and reliability of its shipments. You decide to collect data on the defective shipments REASON FOR DEFECTIVE SHIPMENT No. OF INCORRECT No. OF SHIPMENTS BILL OF INCORRECT DAMAGED TRUCKS WEEK SHIPMENTS WITH DEFECTS LADING TRUCKLOAD PRODUCT LATE 1 23 31 8. 1 4. 1 3 28 6 3 1 4 37 11 4. 4 35 10 4 1. 6. 40 14 6. 3. 7. 41 12 3 1 8. 44 15 Heizer and Render, 2006 You have consistently exceeded your regular output of 30 shipments per week and wonder if that may have something to do with the number of defects. Develop a scatter diagram using total number of shipments and number of defective shipments. Does there appear to be a relationship? Civon thatunurwnrlıforco isc onal unu choclvour omnloumont rocorde for the last O vinolke 2. 13 View as

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Give typed explanation of both question   top question both drop downs are the same. thank u

Question 2: Discuss the eight demand states with respect to bifocal lenses for glasses.

Enabled: Test II Saved Help Save & Exit 39 A company that handles hazardous waste wants to minimize the shipping cost for shipments to a disposal center from five receiving stations it operates. Given the locations of the receiving stations and the volumes to be shipped daily, determine the location of the disposal center. (Round X and Y to 2 decimal places.) Location of Processing Station, (x, y) 9,5 4,10 7,7 2,8 ces 4,7 Volume, Tons per Day 28 9 20 25 30 Click here for the Excel Data File ere to search 6 75°F Partly cloudy 8 9 R T Y G H K CVBNM O alt P ctri pause

QUESTION 5 According to COBIT5, stakeholders' needs influence stakeholders' drivers. True O False

Question 3 Knowing that the demand for wheat is inelastic, if all farmers voluntarily did not plant wheat on 10 percent of their land, then O a. consumers of wheat would buy more wheat. O b. wheat farmers would suffer a reduction in their total revenue. O c. wheat farmers would experience an increase in their total revenue. Od. the demand for wheat would decrease.

P FRag question The public policy represents government intervention to correct public problems Select one: O True O False

Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been running out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. I Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. II. Show how Mr. Ferdinand can test the accuracy of his forecast. II. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef.

Required information Camp Rainbow offers overnight summer camp programs for children ages 10–14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on- site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run Campers 172 Week Camp $13,810 9,350 11,360 14,380 14,000 12,440 10,180 8,440 112 3 148 4 184 5 174 152…

Question 4 The below data represent the advertising expenditure and sales of Little Liu Ltd from year 2008 to 2017.   Table: Advertising Expenditure vs. Sales from 2008 to 2017   Year Advert. Expenditure Sales   (x, £000) (y, £000) 2008 8 30 2009 12 40 2010 11 29 2011 5 29 2012 14 43 2013 3 17 2014 6 20 2015 8 30 2016 4 22 2017 9 40 Total 80 300 Work out the values of parameters of the relationship shown in the Figure (i.e. work out the equation of the relationship).

Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been rumning out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. I. II. Show how Mr. Ferdinand can test the accuracy of his forecast. III. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef. 日正

advanatges of lag strategy.

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Q4) Define the following concepts with example. Market Potential Sales Potential Market Share

Question 3 In model M/M/ s =4 / FCFS / 0 / 00, with A = 3, and u = 10 the P(j 2s) is? O a. PU 2s) = 0.03 O b. PU 25) = 0.00 O C. P( 2s) = 0.5 O d. Pj 25) = 4

Qno1.                          Transcript of Respondent One’s Interview  I: Describe your overall experience of being a member of Club at University? R.1:  My overall experience is not that too long, because it has just launched before 2, 3 months. My experience so far is amazing as I can notice some good changes in my body and I have become more attentive now.  I: What are the general advantages of being a member of Club? R.1: The general advantages of Club are that are that I used to lead a sedentary lifestyle but now I consider myself both physically and psychologically fit. My diet has been improved because the Instructor has helped me a lot in designing a diet chart. I have made new friends and this is improving my interpersonal skills as well. I would say I am gaining my self-confidence that makes me feel good about myself. On a lighter note, my teachers are also noticing such changes in my personality and they appreciate this transformation.      I: What are the disadvantages of…

please answer ASAP . Q2 Subject : production and operation management

QUESTION 2 In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of $60. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past, what is the test statistic? (please round your answer to 2 decimal places)

Question 10 Which of these represent non-scheduled report needed at the moment by management? Scheduled report Key-indicator report Exception report Demand report

QUESTION 4 In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of $60. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past, what is your conclusion concerning the null hypothesis?     Reject the null hypothesis     Fail to reject the null hypothesis

Answer question 79