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kykrilka [37]
3 years ago
14

Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she wil

l have to go to a motel. Given the costs and probabilities of bad weather given below, which destination should she choose? Camping Cost Model Cost Probability of bad weatherNevada $20 $80 0.2Oregon $15 $85 0.4California $30 $95 0.1a. All 3 of themb. Californiac. None of themd. Nevadae. Oregon
Business
1 answer:
Vera_Pavlovna [14]3 years ago
5 0

Answer:

net total value of expense = cost of camping + prob. of bad weather x motel cost

NV for different areas

Nevada = 20+0.2x8 = 36

Oregon =15+0.4x85 = 49

California = 30+0.1x95 = 39.5

The children should choose Nevada as it has lowest value of potential cost.

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Lash World Pool Supplies wants its salespeople to call on pool wholesalers five times per year and to spend two hours on each sa
ivann1987 [24]

Answer:

a) 10

Explanation:

Calculation to determine Approximately how many salespeople does Splash World need to service 1000 accounts

First step is to determine the selling time

Using this formula

Selling time=Number of customers *Sales calls per year*Hours per sales call

Let plug in the formula

Selling time=1000 * 5 *2 hours

Selling time= 10,000 hours

Second step is to determine the number of hours they used to sell

Hours to sell= (40 hours per wweek* 50 weeks)*1/2

Hours to sell = 2000 hours per year*1/2

Hours to sell= 1000 hours per year.

Now let determine how many salespeople does Splash World need to service 1000 accounts

Number of salespeople=10,000 hours /1000 hours per year

Number of salespeople=10

Therefore Approximately how many salespeople does Splash World need to service 1000 accounts will be 10 salespeople

6 0
3 years ago
The Government and Public Administration Career Cluster includes careers involving which of the following? Travel and tourism Co
Artyom0805 [142]

Answer:

Human Resources Management

Explanation:

3 0
3 years ago
Ventaz corp manufactures small windows for back yard sheds.​ historically, its demand has ranged from 30 to 50 windows per day w
Tcecarenko [31]

Answer:

308 minutes

Explanation:

The average waiting time = \frac{42*5^2+4(540)^2}{2*(480-(42*5)-540*4))}

= \frac{42*25+1166400}{2*(480-(210)-2160))}

= \frac{1167450}{-3780}

= - 308.85 minutes

Thus; alex average waiting​ time, in​ minutes,  308 minutes  if he still wants to  continues to be the only​ worker.

8 0
3 years ago
Bill and Nancy, managers at Sanzen Inc., want to the check the consistency of results for a performance measure that uses rating
DochEvi [55]

Answer:

Inter-rater reliability.

Explanation:

Based on the scenario being described within the question it can be said that in this situation Bill and Nancy are interested in the measure's Inter-rater reliability. This term focuses on measuring the level extent in which two or more raters/observers/researchers agree on the on the something. Such as Bill and Nancy are doing by checking the consistency of the results to see if many raters agree with one another.

3 0
3 years ago
Joe was tired of working for other people. He had an idea to start his own ice cream business and wanted to set it up where he a
d1i1m1o1n [39]

Answer:

Authority - Responsibility Balance & Incentive Development.

Explanation:

Authority refers to the power to command, give orders to somebody. And enjoying the position of having right to get it obeyed.

Responsibility refers to being in a position of accountability, answerability for an allocated task or job & its performance.

For Eg : A manager  given responsibility to complete a task of production targets achievement, is also given authority to command the entire staff at the production site.

Joe had problem while working for someone else that :- he had responsibility to complete employers allocated task, but may be not given enough authority to do so, thats why he felt he is being 'commanded by, working for' someone else. Also, he doesn't owe the rewards of his acts, so lacks incentive.

Being an entrepreneur will entitle him with managerial responsibilities, but at the same time will also give him higher authority to take his own independent decisions. And, he is himself responsible for his acts, will bear losses or enjoy profits for himself. So, it also incentivises him to work for himself.

8 0
3 years ago
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