Answer:
40 customers
Explanation:
Expected Demand Rate*current service rate/current utilization=capacity requirement/required utilization
.75*(50/90)=x/.95
x=39.58
x=40 customers
Answer:
Decentralized.
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
In the vertical dimension of an organizational structure, decentralization can be defined as a practice which typically involves giving decision-making authority to the lowest chain of command.
This ultimately implies that, in a decentralized organization, decision-making authority and power isn't concentrated at the top level (echelon) of the organization.
Hence, the type of organization that Caleb is managing is a decentralized organization.
Answer: Make immediate payment of $2,458,000
Explanation:
The recommended payment option will be the one with a lower present value.
It can make a payment of $2,458,000 now which would be the PV of the first option.
Second option is a constant amount for 15 years to be paid on the first day of every year making it an annuity due.
Present Value of annuity due;
= Annuity * Present value factor of Annuity due, 15 periods, 11%
= 336,800 * 7.9819
= $2,688,303.92
<em>Lower and recommended option is to make immediate payment of $2,458,000. </em>
$936.41 is the new price of the bond.
<u>Explanation:</u>
<u>New price of the bond after using the duration is calculated as follows:</u>
Purchase date = 01 june 2016, Maturity date = 01 june 2024, frequency = 1
Face value = $10000, Annual coupon rate = 5.20 percent, Yield to maturity = 6.40 percent,
NPER = 6.688257877
PMT = $52.00
New price of the bond = $936.41 ( rounded to two decimal places)
Note: I have used an excel formula so as to calculate the new price of the bond.