Answer:
11414.87205 units.
Explanation:
We have Underage cost cs to be $500
We have Overage cost Co to be $200
To get Critical fractile, we do this computation:
Cs/(Cs+Co)
500/(500+200)
500/700
0.714285714
Now the z score for this value,
normsinv(0.714285714)
= 0.565948821
To get what the question requires: mean+z-score*standard deviation
= 10000+(0.565948821*2500)
= 11414.87205 units
<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>
<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>
Answer: Licensing
Explanation:
A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.
The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.
According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.
Therefore, Licensing is the correct answer.
Answer: Liability of foreignness
Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.
In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.
Thus, from the above we can conclude that Malt hanks faced liability of foreignness.
The first step of the marketing process is analyzing and comprehending the current marketplace.
The answer would be setting goals.
