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- Question 7. Air conditioning. automatic gearboxes and power steering in cars are just some of the technological advances that originated with individual inventors and small companiesand later incorporated into the big business of automobile manufacturing. These stand as testimony to small businesses and their... A quality B Competition C Technical Innovations D AutonomyQuestion 8A food manufacturer has to decide how many batches of a product to produce next week. If one batch is produced, the profit will be $15,000. If two batches are produced, but the demand is only sufficient for one batch, then a loss of $5,000 will occur. If two batches are produced and the demand is equal to two batches, then a profit of $20,000 will occur. The food manufacturer estimates the probabilities of these two outcomes as being 0.4 and 0.6 respectively. A separate forecasting tool, estimates demand will equal two batches. In the past, this tool has correctly predicted demand in 60% of weeks, irrespective of what the level of demand turned out to be. To maximise his expected profit, the manufacturer should: Select one: a. produce 1 batch b. produce 2 batches c. be indifferent between producing 1 or 2 batches d. seek more information, as it is not possible to compute the expected profits from this information -- Correct Answer…Question 2 needed This is just for knowledge purposes
- Question 3 The three (3) scenarios are related to the control function. Explain the type of controlthat is applied in each of the scenario.Scenario 1The chief engineer schedules repair and service of all machinery needed in theproduction line every two months. Scenario 2Patients in the ICU wards in hospitals are monitored round the clock by nurses. Scenario 3 Following reports of malfunctioning airbags in certain Toyota cars, Toyota re-calledspecific Toyota models to have the airbags replaced.Question 2: Sunblessed Juice Company sells bags of oranges and cartons of orange juice. Sunblessed grades oranges on a scale of 1 (poor) to 10 (excellent). At present, Sunblessed has 220,000 pounds of grade 6 oranges and 150,000 pounds of grade 9 oranges on hand. The average quality of oranges sold in bags must be at least 7, and the average quality of oranges used to produce orange juice must be at least 8. Each pound of oranges that is used for juice yields a revenue of $2.25 and incurs a variable cost (consisting of labor costs, variable overhead costs, inventory costs and so on) of $1.35. Each pound of oranges sold in bags yields a revenue of $2.00 and incurs a variable cost of $1.20. Determine how Sunblessed can maximize its profit. Please include your answer report with the model, and a description of your recommendation. Use SolverTable to determine how a change in the cost per bag of oranges changes the optimal solution. Specifically, vary the cost from $1.00 to $1.50 in…Question Which activities involve putting the resources of the business into action to generate a profit? Question : Resources owned by a business are referred to as .Question : Jamie Company recorded the following cash transactions for the year:Paid $70,000 for salaries.Paid $20,000 to purchase office equipment.Paid $6,000 for utilities.Paid $7,000 in dividends.Collected $130,000 from customers.What was Jamies net cash provided by operating activities? Question On a classified balance sheet, prepaid insurance is classified as: .Question Which of the following should not be classified as a current asset? Question These are selected account balances on December 31, 2007.-Land (location of the corporations office building) $200,000-Land (held for future use) 300,000-Corporate Office Building 1,200,000-Inventory 400,000-Equipment 900,000-Office Furniture 200,000-Accumulated Depreciation 600,000What is the total NET amount of property, plant, and equipment that will appear on the balance…
- QUESTION 1Takyiwaa, Salamatu and Adade are Undergraduate Students from the University of Professional Studies who studied Management of Small and Medium Enterprise. After their National Service they decided to start a Restaurant Business. The overarching purpose for opening a Restaurant, was to be the second to none producers of Quality service in the Restaurant Business in Accra and respect for the customer. Starting a business of like nature is time consuming and full of uncertainty in view of the risk involved. Takyiwaa, Salamatu and Adade have been in the same class since Level 100 and they have the belief that, the future of the business they are about to start, its success and failure is within their control and that external influence has a very little control.They had a meeting and agreed that it is important to systematically gather information and analyze these information concerning other Restaurants Business trends and activities within Accra, in order to further their…Question 5: For a coffee shop, the cost associated with cups, coffee beans and lids are examples of ____costs. These ______ considered when building a MCS. Group of answer choices a Fixed costs; should be b Fixed costs; should not be c Variable costs; should not be d Variable costs; should be e None of these, these are programmed costsQuestion 13 gulab Customer relationship management (CRM) software has been a huge driving force for ecommerce businesses for a number of years now. Discuss any FIVE (5) benefits of CRM for e-commerce businesses such as SmartMove. Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
- Question 3&4 This is just for knowledge purposesWhich of the following is TRUE regarding computer-aided design? Question 16Answer A. It is an obsolete technology. B. It is the use of information technology to control machinery. C. It is the use of computers to interactively design products and prepare engineering documentation. D. It is too expensive to use in most manufacturing and design settings. E. It results in longer development cycles for virtually all productsQuestion No 3: Rectify the error if any in the following in-text citation based on APA guidelines. Perceived risk, which is defined as an individual’s degree of expected uncertainty associated with the result of using a certain technology (Tan and Lau, 2016). It includes five main groupings: service performance, monetary, time, societal and security risks (Jacoby and Kaplan, 1972; Mha, 2015). Perceived risks in turn increase consumer hesitation and generate negative attitudes toward a service (Kalaiarasi and Srividya, 2012). This breeds a sense of anxiety and unease that in turn decreases the perceived value and usefulness of a technology, thereby diminishing adoption intentions (Kumar, Arcand, Tai, 2012). Indeed, as stated by (Kazi and Mannan, 2013), electronic banking applications are associated with high perceived risks because consumers fear the exchange of personal financial information and services through online applications Moreover, studies have indicated that a high…