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2 years ago

As a purchasing manager, you have to purchase widgets every week to replenish your inventory. this is a(n) ________ decision.

1 answer:

4 0

As a purchasing manager, you have to purchase widgets every week to replenish your inventory. This is a(n) structured decision.

<h3>What is structured decision?</h3>

SDM is a child protective services approach that uses clearly defined and consistently implemented decision-making criteria for screening for inquiry, deciding response priority, recognizing immediate threatening damage, and evaluating the risk of future abuse and neglect.

A company's employment procedure is an example of a structured decision. It is critical to structure repetitive situations so that time is not wasted on insignificant decisions.

Decisions that are unstructured require the decision maker to contribute judgment, appraisal, and insights into the problem definition. Structured decisions, on the other hand, are recurring and routine, and decision makers can handle them efficiently by following a specific protocol.

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Raul has 4 Cal Ripken and 2 Nolan Ryanbaseball cards. The prices of these baseball cards are $24 for Cal and $12 for Nolan. Raul

Softa [21]

Answer: a) 1

b) yes marginal rate of substitution is less than the relative price

c) 2.00

Explanation:

a) Raul’s marginal rate of substitution is 1 because he is only willing to trade 1 cal card for 1 additional Nolan card

b) Raul’s marginal rate of substitution is Mc/Mn = 1 However, the relative price of a Cal Ripken card is Pc/Pn = $24/$12 = 2.00. Since the marginal rate of substitution is less than the relative price, Raul can make himself better off by selling 1 Cal card and buying Nolan cards.

c) His marginal rate of substitution must be equal to the relative price; the relative price rule holds that says that Mc/Mn = Pc/Pn. From b above we know that the relative price is 2.00, Raul's marginal rate of substitution must also be 2.00.

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4 years ago

g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable

expeople1 [14]

Answer:

$63,260

Explanation:

Break-even point is the level of Activity where a firm neither makes a profit nor a loss.

Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio

Contribution Margin Ratio

Is calculated as := Contribution / Sales

= (Sales less Variable Costs) / Sales

= ($43,000+$56,000-$11,980-$14,750) / $99,000

= $72,270/$99,000

= 0.73

Break even point (Dollars) = $46,180 / 0.73

= $63,260

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3 years ago

According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these produc

laila [671]

According to the growth-share matrix, <u>STARS</u> are high-share, high-growth products. when the market growth slows these products become <u>CASH</u> <u>COWS.</u>

<h3><u>What does marketing's growth share matrix mean?</u></h3>

The reasoning behind the growth share matrix is that market leadership yields greater profits that are sustainable. In the end, the market leader achieves a cost advantage that is tough for rivals to match. The markets with the most development potential are then indicated by these high growth rates.

<u>Building a Growth-Share Matrix</u>

Build a matrix. Make a grid of two by two boxes.
Establish categories. Put a dog in the lower right box, a question mark in the upper right box, a cow in the lower left box, and a star in the upper right box.
Include labels.
Determine your finances.
Make judgments.

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2 years ago

You can assume that all fluids you will reason about in this course are incompressible. what does incompressible mean?

elena-s [515]

An <span>incompressible fluid is a fluid that retains the same density and volume regardless of any amount of pressure placed on it; it is not compressible at all. </span>

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4 years ago

Which group does the Fed serve?

Masja [62]

Im pretty sure its:

A. financial institutions

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3 years ago

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