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iren2701 [21]
3 years ago
8

Yield management systems are used to: Group of answer choices determine whether it is financially more feasible to buy a new pro

duct or repair a broken one. profitably fill unused capacity by using complex mathematical systems. predict necessary service levels required to achieve revenue goals. determine the availability of product substitutes in industries that are experiencing rapid change.
Business
1 answer:
Sveta_85 [38]3 years ago
6 0

Answer: Profitably fill unused capacity by using complex mathematical systems.

Explanation:

Yield Management refers to an revenue management style that aims to draw out as much profit for the company from a fixed resource or inventory. It aims to sell the right product at the best price to the a customer at the rightful time it is required.

By employing complex mathematical systems that enable it to fill up unused capacity such as by selling goods early at a discount and then limiting those early sales so that the later sales may be sold at normal price, Yield Management Systems make unused capacities profitable.

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Why is investing in individual stocks a risky idea? Explain in your own words.
trapecia [35]

Answer:

investing in individual stocks can be risky if you do not invest in a relatively large number of different stocks, because you need diversification in order to help limit your risk.

Explanation:

In general "putting all your eggs into one basket" can be a risky proposition. If you only have enough money to invest in one stock then if that stock goes down in value, your entire investment goes down by the same amount. However, if you are able to invest in multiple, diversified stocks - that is, stocks for companies that operate in varying fields or businesses - when one stock goes down in value it's possible/likely other(s) will not and may go up in value. Since mutual funds exist, and mutual funds that invest in stocks do so by investing in multiple stocks, you are able to reduce your risk by purchasing a mutual fund. Each and every share in a mutual fund spreads your investment across multiple stocks for you. Many investors just don't have enough money to invest in enough individual stocks to diversify their portfolio.

5 0
3 years ago
Monica, a new student at Valley High School, becomes friends with a group of teenagers who use marijuana and remain seated durin
Fynjy0 [20]

Answer:

B. conformity

Explanation:

Conformity is a term in psychology that describes the tendency of a person(s) to adopt the behaviour of the people around them or of the people in a group they belong to.

Monica adopted the behaviour of her group of friends.

Labelling theory postulates that individuals may adopt the characteristics of the labels people use to describe them and this may shape their identity.

Differential association theory states that people learn how to become criminals by interacting with people.

6 0
4 years ago
The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent
notsponge [240]

For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:

3995 + 225.50x = 6500 + 100.25x

solve for x:, and get x=20

so 20 tons of sugar will give the companies the same cost.

For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:

y= 3995 + 225.50(20)

y=$8,505 for the total cost

7 0
4 years ago
Opportunity costs are an important consideration for managers when deciding whether to accept special orders.
IceJOKER [234]

Answer:

True

Explanation:

When deciding whether to accept special orders, it is important that opportunity costs is considered by managers.

It helps managers to make a good choice and not regret later.

When deciding whether to accept special orders, it is important to compare and calculate what extra revenues that will be made against the extra costs that will be incurred.

Opportunity costs is actually a hypothetical cost which is incurred due to going for an alternative over the other available.

5 0
3 years ago
On August 2, Jun Co. receives a $8,000, 90-day, 11.0% note from customer Ryan Albany as payment on his $8,000 account receivable
GarryVolchara [31]

Answer:

August 2    Notes Receivable                   8000 Dr

                           Accounts Receivable- Ryan         8000 Cr

October 30  Interest receivable                  220 Dr

                          Interest Revenue                          220 Cr

October 31   Cash                                        8220 Dr

                            Notes Receivable                    8000 Cr

                            Interest Receivable                   220 Cr

Explanation:

When we receive the Note against the Accounts Receivable, we will credit the Accounts Receivable to close the account of Ryan and create a new current asset account of Notes Receivable on August 2.

On October 30, 90 days period of Note is complete so we will record the interest that is receivable for us on this note.

  • Interest Receivable = 8000 * 11% * 90/360  = $220

We record this as Interest Receivable as we have not received this and credit Interest revenue as it is our income.

On 31 October, when we receive cash it will be total of Notes payable and Interest so we will debit cash by 8220 and credit the Notes payable and interest receivable.

8 0
4 years ago
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