Which involves the greatest degree of uncertainty, an event or an incident?
Q: A life cycle model specifies the criteria for entering and exiting each phase. When may a phase…
A: Life cycle shows the working from the start to the end of the procedures
Q: a strategy that is expected to increase a person's credit score.
A: The credit score of the person is the credibility which is defined by the institution and it is…
Q: How priority to each risk can be computed? Write the mathematical expression for the same. Name the…
A: The risk that a person who is a party to a contract will default on their obligations under that…
Q: A company currently has 200 units of a product on hand that it orders every two weeks when the…
A: Given data: Review time (T) =2 weeks = 14 days Inventory (I) = 180 units Standard deviation () = 5…
Q: If cumulative PV-100, cumulative EV-98 and cumulati- Item PV AC EV 1 10,000 11,000 10,000 2 9,000…
A: Given: Item PV AC EV 1 10000 11000 10000 2 9000 8000 7000 3 8000 8000 8000 4 7000 7000…
Q: a) Assuming that Ritz must have the semiconductor (stopping or doing without is not a viable…
A: A firm or a producer is always a profit maximizer. Therefore they tend to reduce their spending on…
Q: Austin owns the Fruit Bowl food truck. Which of the following would be short-run decisions for…
A: Short-run decisions are those which pertain to a short period of time. In this time period, at…
Q: Ms. Suzanne Morphy is a full time architect. She is also sells vegetables on the side from a small…
A: Loss carryover refers to the net amount of losses an individual is eligible to carry forward into…
Q: A bagel store orders cream cheese from three suppliers, Cheesy Cream Corp. (CCC), Super Smooth &…
A: Given - Total order = 100 tons Total Cost = $5,495 Supplier's cost - Cheesy Cream Corp. (CCC) cost =…
Q: s economic life of five years, its salvage value is Php 500,000. Using Sum of the Years Digit Method…
A: Solution
Q: Cisco, Inc., has a proposal from the Engineering Planning Division to invest Cisco retained earnings…
A: Given - Initial investment projection is $5,700,000 in year 0, $1,900.000 in year 7, $137.480 in…
Q: Define Event Times?
A: Marketing can be described as a function of management which includes creation of needs, identifying…
Q: Article: Planning for Holiday Shipping at FedEx FedEx started as Federal Express in 1971 and made…
A: Company Introduction- FedEx began as Federal Express in 1971 and made its first conveyance in 1973…
Q: DLSU 40,000 (COB 5,000; CCS 15%; CLA 20%; COL 5% and others) Average price per computer device…
A: Since you have posted multiple questions we will solve the first question for you as per our…
Q: Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her…
A: Given that, Profit = [(Selling price) (Demand)] – [(Cost price) (No of dozens ordered)] Selling…
Q: .Identify some of the advantages of running a virtual team such as this. What are some of the keys…
A: Advantages of running a virtual team :1- Get to know the perspective of different people.2-Sometime…
Q: Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and…
A: The given scenario is related to unforeseen uncertainty. Unforeseen uncertainty often called as the…
Q: Las Vegas, Nevada, manufacturer has the option to make or buy one of its component parts. The annual…
A: THE ANSWER IS AS BELOW:
Q: during an Iteration while moving from one solution to the next , degenaracy may occur when ?
A: During an iteration, while moving from one solution to the next, degeneracy may occur when two or…
Q: Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa…
A: This question is related to the topic Production and Supply Chain Management and This topic falls…
Q: Because ARC and PLC programs are classified as Amber Box programs, the U.S. must be mindful of…
A: Answer:- True
Q: Select one:
A: 1) ANSWER : D)
Q: What types of organizations are likely to face the largest challenges in achievingalignment between…
A: Operational KPI is a quantifiable value that would express the performance of the business in a…
Q: Acme Steel Fabricators experienced booming business for the past five years. The company fabricates…
A: In the case of the decision tree, to understand the expected value at every chance node, a weighted…
Q: Pizza Pie runs the pizza concessions at the University bas- ketball games. Personal size pizzas are…
A:
Q: What are the most critical assets of an airline?
A: Note- here the first part of the question and the second part of the question are not related.…
Q: As the MTTR approaches zero, what happens to availability? Is this a feasible scenario?
A: MTTR (Mean Time to Repair) is referred to as the average time required to repair a failed component.…
Q: Situation: The Palangdao Supply company is currently faced with an inventory rotation problem. This…
A: Inventory management can be stated as the approach of placing orders, storing, bringing in use, and…
Q: Samsung implements a Continuous Inventory System for an electronic component. The inventory manager…
A:
Q: Management and forecasting of capacity is of greatest importance during which Product Life Cycle…
A: The item life-cycle is a significant device for advertisers, the executives and planners the same.…
Q: Thunderbird Manufacturing purchases a new stamping machine for $40,000. Its useful life is estimated…
A: Cost of the machine=$40,000 Expected useful life of production=2,50,000 units Residual value of…
Q: A is an exceptional surgeon working in Hospital K. He decides to decline an offer from a newly set…
A: The organization's primary objective will be to have a proper flow of business process, and to…
Q: A manager must decide how many machines of a certain type to buy. The machines will be used to…
A: Find the Given details below: Given details: Decision Buy 1 Machine Buy 2 Machines Demand Low…
Q: Find the following expression, which is given in the prefix notation. – / * 6 + * 4 ? 7 3 ? and…
A:
Q: Gongjin Hotel is a budget hotel in the province of Gyeongsan. Due to the COVID-19 pandemic, the…
A: In a recent correspondence, the authors stated that as part of their corporate social…
Q: Division A has costs of $30 per unit, and transfers goods to Division B which has additional costs…
A: The transfer price range that promotes the target group: Minimum transfer price (determined by…
Q: cenario One: An 86-year widow comes in monthly to have her blood drawn and monitored ever since her…
A: Operations management at front desk involves customer satisfaction but upholding the business…
Q: Which is profitable, to buy the new generator set or retain the present set? Support your answer by…
A: As per the given data: The cost of a new set is P135,000 with 5 years life and the variable cost is…
Q: [EXCEL] Computing terminal-year FCF: Healthy Potions, Inc., a pharmaceutical company, bought a…
A: Cash flow is the total amount of cash or its equivalents being in and out of a business.
Q: On August, a light business bought $3600 worth of lamps. At the beginning of September, the store…
A: The cost of goods sold is calculated with the help of following formula Cost of Goods Sold =…
Q: If economic order quantity is 2,500 units and consumption in units for one year are 15,000 units,…
A: Please find the solution below:
Q: A total of 5000 mechanical subassemblies are needed annually on a final assembly line. The…
A: We will be computing the expected value, and based on the lowest expected value will be choosing the…
Q: What is the 3-month simple moving average for February 2017, given that demand was 100 during…
A: The 3-month simple moving average for February 2017 = (Demand…
Q: Calculate expected values for large and small expansions. What should Dairy May Farms do? EV small…
A: Decision tree is a diagramatical representation of various alternative for a project corresponding…
Q: Tied in Knots rents the space for its bakery. When the lease comes up for renewal, the owner raises…
A: Here, I would determine the new break-even point, To determine this value, I would divide the…
snip
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Determine the course of action that has the highest EMV for the accompanying tree diagram.When creating an Event, which field reflects the current stage of the negotiating process and controls whether the rooms, space, and items will deduct from inventory?
- what the answer or solution based on the question?A real estate investor has the opportunity to purchase land currently zoned residential. If the county board approves a request to rezone the property as commercial within the next year, the investor will be able to lease the land to a large discount firm that wants to open a new store on the property. However, if the zoning change is not approved, the investor will have to sell the property at a loss. Profits (in thousands of dollars) are shown in the following payoff table: State of Nature Rezoning Approved Rezoning Not Approved Decision Alternative S1 S2 Purchase, d1 590 -160 Do not purchase, d2 0 0 If the probability that the rezoning will be approved is 0.5, what decision is recommended?Recommended decision: What is the expected profit?Expected profit: $ fill in the blank 2 The investor can purchase an option to buy the land. Under the option, the investor maintains the rights to purchase the land anytime during the next three months while learning more…Demand has grown at Dairy May Farms, and it is considering expanding. One option is to expand by purchasing a very large farm that will be able to meet expected future demand. Another option is to expand the current facility by a small amount now and take a wait-and-see attitude, with the possibility of a larger expansion in two years.Management has estimated the following chances for demand: The likelihood of demand being high is 0.80. The likelihood of demand being low is 0.20. Profits for each alternative have been estimated as follows: Large expansion has an estimated profitability of either $51,600 or $23,600, depending on whether demand turns out to be high or low. Small expansion has a profitability of $13,800, assuming that demand is low. Small expansion with an occurrence of high demand would require considering whether to expand further. If the company expands at that point, the profitability is expected to be $41,900. If it does not expand further, the profitability is…
- 1. A builder has located a piece of property that she would like to buy and eventually build on. The land is currently zoned for four homes per acre, but she is planning to request new zoning. What she builds depends on approval of zoning requests and your analysis of this problem to advise her. With her input and your help, the decision process has been reduced to the following costs, alternatives, and probabilities: Cost of land: $2 million. Probability of rezoning: 0.60. If the land is rezoned, there will be additional costs for new roads, lighting, and so on of $1 million. If the land is rezoned, the contractor must decide whether to build a shopping center or 1,500 apartments that the tentative plan shows would be possible. If she builds a shopping center, there is a 70 percent chance that she can sell the shopping center to a large department store chain for $4 million over her construction cost, which excludes the land; and there is a 30 percent chance that she can sell it to an…Mars Incorporated is interested in going to market with a new fuel savings device that attaches to electrically powered industrial vehicles. The device, code named "Python," promises to save up to 15% of the electrical power required to operate the average electric forklift. Mars expects that modest demand expected during the introductory year will be followed by a steady increase in demand in subsequent years. The extent of this increase in demand will be based on customer's expectations regarding the future cost of electricity, which is shown in Table 1. Mars expects to sell the device for $300 each, and does not expect to be able to raise its price over the foreseeable future. Mars is faced with two alternatives: ≻Alternative 1: Make the device themselves, which requires an initial outlay of $450,000 in plant and equipment and a variable cost of $175 per unit. ≻Alternative 2: Outsource the production, which requires no initial investment, but incurs a per unit cost…The vessel, nicknamed Lovers Deep, is a specially adapted leisure submarine designed and furnished for couples to spend their time together in complete isolation and harmony underwater. Staffed by an onboard crew of three, consisting of a captain, chef, and personal butler, Lovers Deep has a unique capability of being moored at various locations chosen by customers, whether that be a stunning coral reef off the coast of St. Lucia or a sunken battleship in the Red Sea, In which industry would you place the leisure submarine? Select one: a. Travel & tourism b. Hospitality & travel C Tourism & hospitality d: Travel, tourism & hospitality
- CASE:Reducing New Product Stockouts at ColesYou have been employed in the supply chain management organization of Coles for the past two years.You are very excited when you are asked to join a team being formed to address serious inventory management problems often associated with the introduction of new products. Too often, customers who make a trip to Coles to purchase a highly advertised new product are disappointed to find the store is out of stock of that particular item. Such stockouts result in lost sales for both Coles and the product supplier and the potential loss of customers as shoppers look elsewhere to find the new product. The resulting loss of customer goodwill can have a long-term effect on sales. Solving this problem will require a balancing act; the company needs to carry sufficient inventory of new products to meet customer demand while avoiding excessive inventory levels that increase costs. The team you have joined consists of nine people representing the finance,…Explain the factors to be considered to come up with probability of super event or unique event ?Company Background Pro-Tec Solution, is a company that was founded in January 2000 by Shackeria Bailey, Sidonnia Smith, Jacqueline Green. Pro-Tec Solution is an establishment that offers guard and patrol services, including bodyguard, guard dog, parking security, and security guard services. Pro-Tec Solution is located in a bustling safeguard area, specifically Freeport, in the city Montego Bay. In order to provide Surveillance and Armored Response Operations to urgent alarm signals from our client locations, we maintain our own 24 hour central monitoring center and make use of our own professionally equipped Armed Response Teams. In order to assure continuous operation in the case of emergencies, power outages, or equipment failure, our cutting-edge Monitoring Centre is staffed around-the-clock by at least three trained Central Station Operators. In the industry, Pro-Tec Solution has constantly maintained the finest response team-to-client ratio, assuring the fastest possible…