With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.
a. Mean = 1000
sd = 600
p(1000x 1-25%) - p(1000x 1+25%)
using the z test
d-μ/σ
[tex]p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)[/tex]
find values using excel sheet formula
NORMSDIST(0.4167) - NORMSDIST(-0.4167)
=m0.6615 - 0.3385
= 0.3230
b. The probability that the forecast would be more than 40 percent1000x 1+40%
= p(D>1400)
= 1- NormDist(0.667)
= 0.225
c. Cu = 121-72 = 49
Co = 72.50 = 22
The critical ratio calculation
49/22 +49 = 0.6901
Normsinv(0.6901) = 0.496
1000+0.496x600
= 1297
The units that Flextrola has to order is 1297.
d. The expected sales of Flextrola1200-1000/600
= 0.3333
loss function from z = 0.333 is 0.254
600x0.254 = 152. 4
1000-152.4 = 847.6
the expected sales are 847.6
e 1200- 847.6
= 352. 4
The units of inventory that can be sold is 352.4
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References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents please select the best answer from the choices provided a b c d
Counselors are one of the references that employers trust for the most accurate reports. As a result, option (c) is the proper response.
Which are considered the most-trusted references by the employer?Counselors are one of the references that employers trust for the most accurate reports.
Employers do not trust the friends, relatives, and parents of prospective employees or employees to provide an accurate report because they believe they are not professional enough and that because of their proximity to the employee, they may provide false information in order to benefit the employee.
Employers view counselors as more professional and more likely to provide accurate information.
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What system is based on the supply and demand of goods to make a profit?.
Answer:
B : market economy
Explanation:
When costs to purchase inventory are rising, using LIFO leads to reporting ______ cost of goods sold and ______ net income than FIFO.
When costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
LIFO and FIFOLIFO means last in last out while FIFO represent first in first out. In a situation were price of goods and service are falling using LIFO tend to assume that the newer and less expensive inventory is sold out first.
This tend to lead to lower cost of goods sold and higher net income.
Inconclusion when costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
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Knowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would require you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.
In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.
Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.
Explanation:
Use your knowledge of the leadership grid to select the correct management style for each description.
The most appropriate management style for description A would be Country Club Management because they are related in different ways.
What is leadership grind?Leadership grind is a text published in 1964 by Robert Blake and Jane Mouton. In this text, forms of management are classified as a tool for company managers to develop a management style.
One of the management styles proposed in this book is the country club manager, who is characterized by focusing his concern on the people who make up his work group, not worrying about production. This produces a comfortable work environment with poor performance.
Based on the foregoing, the most appropriate style for description A. would be Country Club Management, since it would foster a good work environment without looking at the team's results.
Note: This question is incomplete because there is some information missing. Here is the complete information:
A. Thoughtful, attention to people's needs for satisfying relationships leads to a comfortable and friendly organizational atmosphere and work pace.
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What is systematic risk? Multiple choice question. It is a risk that is caused by failure of the internal control system of a corporation. It is a risk that increases in a systematic, gradual fashion. It is a risk that affects only one or a few assets. It is a risk that pertains to a large number of assets.
Systematic risk is D. It is a risk that pertains to a large number of assets.
What is systematic risk?It should be noted that systematic risk simply refers to the risk that's inherent to the entire market.
In this case, systematic risk is the risk that pertains to a large number of assets. It is also known as volatility.
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Differentiate between the scheduling techniques known as CPM and PERT
Employee ________ are perks that are provided in addition to salaries and wages, such as all or part of medical, dental, life and disability insurance.
The perks that are provided in addition to salaries and wages, such as all or part of medical, dental, life, and disability insurance are known as Employee Benefits.
What are Employee Benefits?Employee benefits are benefits that include all types of nonwage compensation that are given to employees in addition to their normal wages and salaries.
These benefits cover a lot of things including transportation, group life insurance, medical benefits, and even disability insurance. These are perks that are added to the normal wage of an employee.
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Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?
Answer:
20
Explanation:
start doing math
In 20 days Darren and Fergie owe the same amounts.
What is simple interest?simple interest is primarily based on the primary quantity of a or the primary deposit in a savings account. simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.calculation:-
10% is on $100 is = $10
5% SI on $150 = $7.5
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You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by 28%. your current annual premium is $975. what will your adjusted premium be?.
Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.
What is the annual premium?The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.
The annual premium helps to guarantee payment of indemnity when the covered events occur.
This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.
Data and Calculations:Current annual premium = $975
Increase in annual premium = 28%
Adjusted premium = $1,248 ($975 x 1.28)
Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.
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What is the purpose of establishing economic sanctions? to enter into an alliance with a country to honor the terms of a trade agreement to pressure a nation to change its policies to provide financial aid to a nation in need
The purpose of establishing economic sanctions is to pressure a nation to change its policies.
What is economic sanction?Economic sanction refers to the states use economic pressure (trade and financial restrictions) against other states to create policy or behavioral change.
Various international bodies like UN, NATO uses economic sanctions against nations whose policy is against international agreeable standards.
Hence, the purpose of establishing economic sanctions is to pressure a nation to change its policies.
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Answer:
c
Explanation:
After 7 years of working for a company that installed underground sprinkler systems for homeowners, terrance was ready to venture into his own business. As he prepared his swot analysis, he evaluated where he stood at this time. He was fortunate to have $120,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as.
In reviewing his SWOT analysis, Terrance, who was ready to venture into his own business after working for 7 years as an underground sprinkler installer, has two strengths and one threat.
What is a SWOT analysis?A SWOT analysis is a framework for analyzing a company's competitive position to enable the development of competitive strategies.
A SWOT analysis includes Strengths, Weaknesses, Opportunities, and Threats.
Thus, for Terrance, he has two strengths ($120,000 financing and three skilled installers who were willing and interested in working for him) and one threat (low construction activities) with increasing foreclosures.
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what are the two factors that go into which item is thought of as bought first, etc., when choosing between several possible purchases.
Answer:
Fifo
Explanation:
Because the stock that is bought first should be the one to be purchased first
_______________ is the degree to which decision-making authority is retained at higher managerial levels a. Formalization b. Unification c. Centralization d. Specialization
There are various organizations structure. one of it is centralization. Centralization is the degree to which decision-making authority is retained at higher managerial levels.
Features of CentralizationIn a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.
Advantages of centralizationSome employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.
Therefore, the answer is centralization option C.
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Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.
a. Grants
b. Entitlements
c. Welfare programs
d. Subsidies
Answer:
It os D, subsidies. this is correct.
Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration b. Data warehouses c. Expediting d. All of these choices are correct.
Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration.
External process integration can be defined as the process in which suppliers build and maintain a long lasting relationship with their customers.
External process integration is important as it enables suppliers to improve the quality of services rendered to their customers and it as well help them to save cost and time.
Inconclusion Building, maintaining and strengthening beneficial relationships is accomplished through the use of: a. External process integration.
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Describe two places where you have seen dimensioned drawings. explain why the dimensions were needed for both situations.
Answer:
house plans and building a car
Explanation:
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:
August 23,000 units
September 21,700 units
October 23,100 units
November 24,300 units
December 24,000 units
The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,200 kilograms of Jurislon were on hand. The cost of Jurislon is $22 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months.
The total cost of Jurislon to be purchased in August is:_______.
Assuming the company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:$3,663,220.
Total costUsing this formula
Total cost=(Desired ending inventory+ Required for production-Ending inventory)×Rate per kilogram
Total cost=[(21,700×6.5×20%)+(23,000×6.5)-11,200]×$22 per kilogram
Total cost=(28,210+149,500-11,200)×$22 per kilogram
Total cost=166,510×$22 per kilogram
Total cost=$3,663,220
Inconclusion the total cost of Jurislon to be purchased in August is:$3,663,220.
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PLS HELP FAST!! WILL GIVE THE BRAINLIEST!!! 25 POINTS!!! You have just read several theories about the causes of crime, and seen examples of how those theories might be used to prevent crime.
Which of these theories makes the most sense to you? Why?
Which of these theories made the least sense to you? Why?
The three major sociological theories which are the interactionist perspective, the conflict perspective, and the functionalist perspective. And each has its own distinct way of explaining various aspects of society and the human behavior within it.
Sociological theories on crimeThere are many different sociological theories about crime, however, there are four primary perspectives about deviance: Structural Functionalism, Social Strain Typology, Conflict Theory, and Labeling Theory.
The least theory of crimeSocial strain typology, developed by Robert K. Merton, is based upon two criteria: (1) a person's motivations or adherence to cultural goals; (2) a person's belief in how to attain her goals.
Therefore, it (social strain typology) is not within the confines of Criminal theories.
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How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market.
One way in which trade agreements by international organizations affect trade is by encouraging countries to provide open access to trade.
How do International Organizations affect trade?International organizations agree to treaties with nations that encourage those nations to allow free access to trade.
This ensures that more trade happens because people and nations would be free to import and export which would increase trade volumes as people take advantage.
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Answer: C. by encouraging countries to provide open access to trade
Explanation:
right on edge 2022
Which ics functional area arranges for resources and needed services.
The ICS functional area that arrange for resources and needed services is known as logistics.
What is ICS?ICS is an acronym for Incident Command System. It is a management system designed to enable effective and efficient domestic incident management.
The five major ICS functional areas are:
CommandOperationsPlanningLogisticsFinance/administration.Hence, Logistics as an ICS functional area is responsible for arranging for resources and needed services to support achievement of the incident objectives.
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_____ adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.
Answer:
Target Rating Points adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.
Explanation:
Target Rating Points (TRPs) are a refinement of gross rating points, or GRPs. GRPs relate to the "total audience" exposure to advertising messages, whereas TRPs relate to the "target audience" exposure.
-Justin :)
Which statement describes what this graph indicates about government spending? the government spends less than it receives year over year. the government should produce more money to cover spending. the government on average spends more than it collects. the government needs to lower taxes to cover spending.
The government spending graph indicated that
the government on average spends more than it
collects.
What is Government Spending?Government Spending serves as the public expenditure on goods as well as services which can be seen as a major component of the GDP.
Therefore, it can be concluded that the government spending graph let us know that the government spend more.
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Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved?
Programming and Software Development, and Network Systems
Network Systems and Interactive Media
Information Support and Services, and Programming and Software Development
Interactive Media, and Information Support and Services
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
I got it right on edge. trust me.
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
Edge
Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented to you, this is an example of
Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
What is aided recall?Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
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All companies operate in a broad ______-environment that is made up of six components, including political factors and technological factors. Multiple choice question. micro meso para macro
Answer:
The word that is underlined, that's the answer; Macro
Explanation:
hope this helps.
Answer:
the answer is macro .
Explanation:
MARK ME AS A BRIANLIESTEconomic stability is a benefit of technological advances. please select the best answer from the choices provided t f
Economic stability depends on financial health i.e Inflation & Output Growth where technology plays its part but it is not the sole factor.
The above statement is false.
What is Economic stability?Minor fluctuations in output growth with consistent low Inflation,stable banking system constitutes Economic stability.
Technological advances has palyed an important role in changing the Economy of any country but it is not the sole factor. Hence, The statement is False
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Answer:
false
Explanation:on edge
Undue influence cases often involve a relationship of trust and confidence between the contracting parties.
a. True
b. False
Dane is a single father with one qualifying dependent child. He has AGI of $154,000 and paid $9,100 to a qualified day care center for the two children. What amount of child and dependent care credit can Dane receive in 2021? Multiple Choice $0. $2,800. Incorrect $8,000. $9,600
Because Dane is a single father with one qualifying dependent child, the child and dependent care credit will be $8,000.
What is the child and dependent care credit?This is a tax benefit that is made for qualifying persons that provide care for someone else.
The child and dependent care credit is for up to of $8,000 in qualified expenses for a qualifying child, and up to $16,000 for two or more children.
Hence, because Dane is a single father with one qualifying dependent child, the credit will be $8,000.
Therefore, the Option D is correct.
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What would be the best reason for the United States to provide military aid to another country? to protect an established alliance to improve the other nation’s reputation to help the other country gain greater power to result in a new trade agreement or alliance.
Answer: A protect an established alliance
Explanation:
that’s the answer on Ed2022
The best reason for the United States to provide military aid to another country is to protect an established alliance.
What is the reason the US providing military aid to other nations?The US wants to give security to other nations and establish its supremacy among the nations. It shows its power to big nations by collaborating with small nations.
Therefore, the US form an alliance with these nations and get their support by involving in trading and other economic agreements with them.
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