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- Pls explain in details ,and no plagiarism. modern ideologies that rely on short term economic profits and scientific traditions based on reductionistic cause affect relationships are failing to explain and address the complex dynamic into relations among economic, environmental, and social aspects and the time perspective. Is this true or falseDecide the best choice. a. The inndividual waiting times experienced by customers in a busy breakfast cafe would be an example of a deterministic process because several customers are waiting to be seated. b. Informmation Systems and Informmation Technology are identical and synonyms that mean the exact same thing. c. In 2019, both manuffacturing and service sectors employed roughly the same percentage of the labor force in USA. d. Today, services constitute a large percentage (e.g., more than 60%) of the U.S. economy. e. Both choices ‘a’ and ‘b’ are correct.The owner of Barb’s Burgers has suggested the firm should invest in more moderntechnology and created a list of potential changes she thinks may be helpful as aninvestment. She has asked you to analyze the four potential choices and comment onwhat this would change in terms of cost: Hire a firm to create an online system to allow customers to order even when theyare not physically at Barb’s Burgers. This would allow for people to ensure theirorders were input correctly for those who are pickier eaters. The online systemwould need to be integrated into the point of sales system to track orders for thekitchen Question: Argue how each of these is likely to change the cost of the firm once implemented (i.e. are any of these a fixed cost or a variable cost). How this adjust theamount of labour and/or capital currently necessary for the firm? Would the technology be a general technology, labour-saving, or capital-saving?
- Asap plz 15) International firms will invest in less developed countries at the beginning of their production life cycle, but as production is standardized and sold mainly on prices, they shift production to developed countries.Select one:O TrueO FalseA town is endowed with an oil reserve. The total stock of oil from the reserve is 110 barrels. The townmust sell all 110 barrels within two time periods, so the quantity extracted will be q1 + q2 = 110, whereq1, for example, is the quantity extracted in period 1. The price per barrel that the town can sell theoil for is pt= 150 −10/11 qt in each period. There is a constant cost of extraction c = 50, such that theresource rent earned by each barrel in each period is πt= pt−c. If the interest rate is 20%, how muchoil will the town extract in period 1 and in period 2 (what should q1 and q2 be) if it wanted to extractefficiently (i.e. maximize profits)?Firms do not add to their stock of capital when Tobin's q ratio is 0 . 9 . If q is less than 1 , then the stock market values installed capital at more than its replacement cost. True or False
- solve this question step by step but not on excelGiven that the marginal cost of a ‘backstop’ (e.g. solar energy) is MCb per unit of an exhaustible resource, prove that the cost of the ‘backstop’ sets an upper limit on oil price and also determines the initial price of oil. (Hint:Utilize the expression pt = MC + (p0 − MC)(1 + r)t and consider T as theswitch date.)Answer the following question with (True) if the statement is correct and with(False) if the statement is wrong 1. Project is a temporary endeavor undertaken to create a unique product only ( __ )Justify:2. Time, budget, resources and customer specifications are the project limitations( __ )Justify:3. Adding working shifts to a late project will help crashing the project towards thedeadline( __ )Justify:4. Finish-to-start (FS) is a logical relationship in which a predecessor activity cannot startuntil a successor activity has finished. ( __ )Justify:5. The project customer/user not considered as a project stakeholder. ( __ )Justify:
- The owners of a small manufacturing concern have hired a manager to run the company with the expectation that he will buy the company after five years. Compensation of the new vice president is a flat salary plus 75% of first $150,000 of profit, and then 10% of profit over $150,000. The purchase price for the company is set as 4½ times earnings (profit), computed as average annual profitability over the next five years. Does this contract align the incentives of the new vice president with the goals of the owners?All Smiles Dental Clinic would like to develop a hygienistmaster schedule for the treatment of patients. Five full timehygienists are scheduled six days a week, and each hygien-ist can treat 10 patients per day. If the number of patientsexpected is greater than the hygienist capacity scheduled, additional hygienists may be hired on a daily basis from atemporary worker employment agency. The agency requiresone day notice. Based on your knowledge of MPS, completethe following prototype schedule shown in Figure 11.48The HR department is trying to fill a vacantposition for a job with a small talent pool. Validapplications arrive every week or so, and theapplicants all seem to bring different levels ofexpertise. For each applicant, the HR managergathers information by trying to verify variousclaims on resumes, but some doubt about fitalways lingers when a decision to hire or not isto be made. What are the Type I and II decision error costs? Which decision error is more likely tobe discovered by the CEO? How does this affectthe HR manager’s hiring decisions?