The system helps managers analyze the environment in which the organization operates, identifying long-term trends and planning appropriate courses of action.
<h3 /><h3>What is an executive information system?</h3>
It corresponds to a tool to support managerial decision-making by providing optimized access to large volumes of information from the micro and macro organizational environment.
Therefore, the executive information system assists managers in making decisions in line with organizational objectives.
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Answer:
$62.00
Explanation:
Given data (Twersky Wedding):
Size-related: $1.15/guest
Complexity-related: $28.24/ tier
Order-related: $74.74/order
Guests: 120
Tiers 5
Order 1
Calculations:
Size related ($1.15 per guest × 120 guests): $138.00
Complexity-related ($28.24 per tier × 5 tiers): $141.20
Order-related ($74.74 per order × 1 order): $74.74
Cost of purchased decorations for cake: $54.66
______________________________________________
Total cost $408.60
Charges $470.60
Overall margin = Charges - Total cost = $470.60 - $408.60 = $62.00
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Answer:
a. borrowers gain at the expense of lenders
Explanation:
Inflation refers to the sustained increase of the price of a commodity over a period of time.
It can be caused due to increase in production cost or increased demand of a good or service.
The losers during inflation are the creditors because the money loaned out had more value or purchasing power compared to what is repaid. This is due to the fact the borrower will still owe the lender the same amount .
Answer:
It is more profitable to sell the units as-is.
Explanation:
Giving the following information:
Number of units= 12,600
Varto has two alternatives for these items:
(1) they can be sold to a wholesaler for $13 each
(2) they can be processed further for $272,300 and then sold for $34 each.
The first cost of $31 is a sunk cost, it will remain no matter which option is chosen. We will not take it into account for the decision making process.
Option 1:
Effect on income= 12,600*13= $163,800
Option 2:
Effect on income= 12,600*34 - 272,300= $156,100
It is more profitable to sell the units as-is.
Answer:
Consumer surplus = (60000 - 40000)+ (90000 - 40000)+(40000 - 40000) = $70000
Producer surplus = (40000 - 20000)+(40000 - 30000)+ (40000 - 40000) = $30000
Social surplus = Consumer surplus +Producer Surplus= 70000 + 30000 = $100000
Consumer surplus = (Willingness to pay – Price)
Producer surplus = ( Price –Cost)
