1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PIT_PIT [208]
3 years ago
13

Rachel is a sales manager for a large retail chain. She is concerned that several of her product lines may not be selling as wel

l as​ she'd like in certain markets. What type of application can she use to help forecast the sales figures for the product lines she is concerned​ about?
Business
1 answer:
Alenkinab [10]3 years ago
8 0

Answer:

An Online Analysis Package.

Explanation:

Online analysis packages (OLAPs) enable very quick analysis of multiple sources of business information in order to present a clearer picture of the state of the business.

You can use a range of software packages to analyse data which ranges from Access or Excel to dedicated packages, such as SPSS, Stata and R for statistical analysis of quantitative data and a host of others.

You might be interested in
In the equation of exchange, M x V = P x Q, the P represents ___________________.
Bogdan [553]

Answer:

P in the equation represents Price level

Explanation:

The equation above is referred to as the equation of exchange.

M = money supply, V= velocity of money, P= price level and Q= real output (real GDP)

P × Q gives the nominal GDP while M×V is the effective money supply.

The total value of goods and services available in the economy (represented by the nominal GDP) is equals to the total amount of money available to purchase them (the effective money supply.

The velocity of money is the rate at which money been is used or spent for transaction purposes in the economy. It is assumed to be constant.

For example, If there exist only a $1000 note in the economy, this amount just needs to be spent once to purchase a total nominal GDP of $1000. However, if there exist just one $500 note, then it means the $500 will need to be spent 2 times to purchase the total value of goods worth $1000. The 2 is the velocity of money

This equation is also used to explain the concept of the quantity theory of money.

The theory states that if an economy is operating at the full employment level, an increase in money supply will not impact the real GDP rather it will drive up the price level up. This idea forms the basis of the position of some economists that money supply drives inflation

The assumptions of the theory are as follows:

The velocity of money is constant

The the economy is at the full employment output. This implies that the economy is using all of its productive resources efficiently

3 0
3 years ago
Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex
maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year                                      DF(9%)   Present Value

1  Cash inflow     390,000  x 0.917      $357,798

2 Cash inflow     400,000  x 0.842    $336,672

3 Cash inflow     411,000   x  0.772     $317,367

4 Cash inflow     426,000  x 0.708     $301,789

5 Cash inflow     334,100  x 0.650     $217,077       (434,100 - 100,000)

6 Cash inflow     435,000  x 0.596    $259,376

7 Cash inflow     436,000 x 0.547     $238,507

7 Salvage value 400,000 x 0.547     $218,814  

     

Present Value of cash inflow             $2,247,401

Initial investment                                $2,285,000

NPV ($2,247,401 - $2,285,000)          (37,599)    

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative      

4 0
3 years ago
An increase in the reserve requirement _____. rev: 06_20_2018 Multiple Choice increases the money supply by decreasing excess re
Jlenok [28]

Answer:

decreases the money supply by decreasing excess reserves and decreasing the monetary multiplier

Explanation:

If there is increased in the reserve requirement so there is also increase the credit cost but it would lead to a decrease in money supply through the decrease in excess reserves that result into reduction in money multiplier also there is the reduction of loan activity  

Therefore the third option is correct

4 0
3 years ago
A company that asks candidates to engage in group discussions, business game simulations, presentations, and role play exercises
lina2011 [118]

Answer:

A company that asks candidates to engage in group discussions, business game simulations, presentations, and role play exercises, so that members of management may evaluate their performance capabilities is probably using this method of selection:

  • Assessment Center

Explanation:

  • Assessment Center method is such a method of selection in which the recruiting company measure the performance of the candidates by engaging them in different activities.
  • These activities can include business scenarios, job simulations, psychological tests etc.
  • For example, if a company is recruiting and for evaluation they ask the candidates to consider themselves in a particular role. Then they ask them how will they perform their duties. This is an example of assessment center selection method.
3 0
3 years ago
Laredo manufactures Nuts and Bolts from a joint process (cost = $80,000). Five thousand pounds of Nuts can be sold at split-off
Zigmanuir [339]

Answer:

Cost for Nuts = $80,000 \times 2/5 = $32,000

Cost for bolts = $80,000 \times 3/5 = $48,000

Explanation:

Provided joint cost = $80,000

Total quantity of nuts and bolts at separation

Nuts = 5,000 pounds

Bolts = 10,000 pounds

Weights of cost will be based on value of goods.

Nuts = 5,000 \times $20 = $100,000

Bolts = 10,000 \times $15 = $150,000

Thus, weights will be 10:15 = 2:3

Cost for Nuts = $80,000 \times 2/5 = $32,000

Cost for bolts = $80,000 \times 3/5 = $48,000

4 0
3 years ago
Other questions:
  • Which property of an object describes how easily electricity travels trough it?
    13·1 answer
  • Steven, who is Wesley's guardian, convinces Wesley to buy a certain parcel of land owned by Steven's brother-in-law at a price g
    11·1 answer
  • Maggie purchased a life insurance policy. She was concerned that if she became disabled, she would no longer be able to pay the
    13·1 answer
  • A milestone is a typical measuring point used when establishing cost control. Which of the following DOES NOT accurately describ
    10·1 answer
  • Why should an employer have employees sign a copy of the company's personnel policy?
    12·2 answers
  • Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources
    11·2 answers
  • High Step Shoes had annual revenues of $202,000, expenses of $112,200, and dividends of $24,800 during the current year. The ret
    12·1 answer
  • Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans? open‑market sale fractional banking re
    6·1 answer
  • An investor wants to save money over a long period of time. This investor does not need to have easy access to the money and is
    13·1 answer
  • both the demand for and the supply of the resource declines in the same proportion. demand remaining constant, supply of the res
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!