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almond37 [142]
3 years ago
11

Hoping to increase the chances of reaching a performance goal, the director of a research project has assigned three separate re

search teams the same task. the director estimates that the team probabilities are .9, .8, and .7 for successfully completing the task in the allotted time. assuming that the teams work independently, what is the probability that the task will not be completed in time?
Business
1 answer:
Vlad [161]3 years ago
7 0

Here, the probabilities for success for the three teams are 0.9, 0.8 and 0.7, so the probability of failure for the three teams will be 0.1, 0.2 and 0.3.

We need to find the probability that all the teams fail, which can be calculated as: 0.1 * 0.2 * 0.3 = 0.0060 or 0.60%.

I hope my solution solves your query.

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Piedmont Company segments its business into two regions - North and South.
Anna35 [415]

Answer:

1. Company-wide break-even point in dollar sales:

Break even point in dollar sales = (Traceable fixed expenses + Common fixed expenses) / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 240,000 / 800,000 * 100%

= 30%

Break even point in dollar sales :

=  (122,000 + 52,000) / 30%

= $580,000

2. Break-even point in dollar sales for the North region.

Break even point in dollar sales = Traceable fixed costs / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 120,000 / 600,000 * 100%

= 20%

Break even point in dollar sales :

= 61,000 / 20%

= $305,000

3. Break-even point in dollar sales for the South region.

Break even point in dollar sales = Traceable fixed costs / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 120,000 / 200,000 * 100%

= 60%

Break even point in dollar sales :

= 61,000 / 60%

= $101,666.67

5 0
3 years ago
Adler Company is considering developing a new product. The company has gathered the following information on this product. Expec
MrRissso [65]

Answer:

markup 200% over cost

selling price 75 dollars

Explanation:

investment 500,000

return on investment : 10%

500,000 x 10% = 50,000

units producted: 1,000

markup per unit: 50,000 / 1,000 = 50 dollar

the markup will be: 25 * X = 50

X = 2 = 200%

selling price: 25  + 50 = 75

75

6 0
3 years ago
Kansas Enterprises purchased equipment for $73,500 on January 1, 2018. The equipment is expected to have a five-year life, with
arsen [322]

Answer:

Using the straight-line method, the book value at December 31, 2018 would be $53.760

Explanation:

                2018 2019 2020 2021 2022

Cost      67200 53.760 40.320 26.880 13.440

Dep-Acu      13.440 13.440 13.440 13.440 13.440

Book Value53.760 40.320 26.880 13.440 0

3 0
3 years ago
_____ is observing a professional as they work to learn more about what they do
makkiz [27]
It is an internship because they aren’t paid and they foreshadow someone with the job that they want so A
6 0
3 years ago
Read 2 more answers
If the supply curve and the demand curve for lettuce both shift to the left by an equal amount, what can we say about the result
Anna [14]

Answer:

d. The price will stay the same, but the quantity will increase.

Explanation:

When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.

6 0
3 years ago
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