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Kobotan [32]
4 years ago
10

Some engineers design electronic products, such as dvd remote controls, with so many buttons that these devices are ultimately u

seful only to other engineers. as one writer noted, "people who design products are experts cursed by their knowledge, and they can't imagine what it's like to be as ignorant as the rest of us." this is known as the curse of knowledge.
Business
1 answer:
Nat2105 [25]4 years ago
5 0
That statement is true

The curse of knowledge is a bias that formed because we have deeper knowledge about a specific knowledge compared to other people.
another example would be:  the majority of wealthy Bankers have their own Physical deposits to store some part of their wealth because they understand the Risk that could be caused by failing Banks.
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__________ manages the movement of raw materials, parts, work in progress, finished goods and related information throughout the
expeople1 [14]
<span>Logistics is the set of means necessary for the organization of a company, especially in the distribution. It is focused on the supply chain, the planning of purchasing activities, production, transportation, and distribution. Its fundamental function is to place the products in the right place, under the desired conditions and standards, for the maximum satisfaction of the company.</span>
7 0
4 years ago
M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and
Molodets [167]

Answer:

The quanitity per order that minimizes the cost is 137.84 units.

Explanation:

The EOQ or economic order quantity is the quantity that should be ordered per order to minimize the cost of ordering and holding inventory. To calculate the number of units that should be ordered per order to minimize cost, we need to calculate the EOQ.

EOQ = √(2*D*O)/H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding/carrying cost per unit per annum

Thus,

EOQ = √(2 * 250 * 19)/0.5

EOQ = 137.84  

5 0
3 years ago
Which business model seeks to reduce distribution expenses?
beks73 [17]

It is "cutting out the middleman", which  seeks to reduce distribution expenses.

By avoiding the middleman, i.e. offering straightforwardly to you, the maker can list that equivalent item for, say $75 which because of a broker or retailer rises to at least 100 $, which it to appear is a lot of difference to the buyer, while in the meantime giving them significantly more benefit than they'd make selling to a store.

4 0
4 years ago
When a manufacturer advertises to wholesalers and retailers in an attempt to encourage them to carry its products, it is engagin
ICE Princess25 [194]
B. False 
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3 0
4 years ago
Martha signs a listing agreement with Broker Patrick. Which of the following would probably not be found in the agreement they s
Vlad [161]

Answer:

4. Martha's average utilities

Explanation:

As in the question, it is given that Martha has signed a listing agreement with the Broker Patrick.  

The listing agreement refers to a contract between the real estate broker and the real estate owner that allows the broker the authority to act as a property sales agent.

The terms and conditions which are mentioned the listing contract are presented below:

a. Starting and expiration date of the contract

b. Patrick's commission

c. Martha's priced. Other terms and conditions

8 0
4 years ago
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