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3 years ago

This test that albert chong and his colleagues carried out was most relevant for evaluating the

1 answer:

vladimir2022 [97]3 years ago

8 0

This test that Albert Chong and his colleagues carried out was most relevant for evaluating the allocative efficiency of these postal services because the test was designed to measure how often and how quickly the letters sent were returned to sender.

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What is the economic order quantity if annual demand is 100 units, the order placement cost is $25, and the holding cost per uni

ra1l [238]

The economic order quantity if annual demand is 100 units is: 10 units.

<h3>Economic order quantity</h3>

Using this formula

Economic order quantity =√2×Annual demand× Order placement cost/ Holding cost

Let plug in the formula

Economic order quantity=√2×100×$25/$50

Economic order quantity=√5,000/50

Economic order quantity=√100

Economic order quantity=10 units

Inconclusion the economic order quantity if annual demand is 100 units is: 10 units.

Learn more about economic order quantity here:brainly.com/question/14625177

5 0

2 years ago

1) The defect rate for your product has historically been about 2.00%. For a sample size of 300, the upper and lower 3-sigma con

Sphinxa [80]

Answer:

UCL= <u>0.044</u>

LCL=<u>-0.004</u>

Explanation:

Use following formula to calculate the UCL and LCL

UCL = p + z $\sqrt{\frac{p(1-p)}{n}}$

Where

P = defect rate = 2% = 0.02

z = sigma control chart limit = 3

n = samploe size = 300

PLacing values in the formula

UCL = 0.02+3 $\sqrt{\frac{0.02(1-0.02)}{300}}$

UCL = 0.02 + 3 x 0.008082904

UCL = 0.02 + 0.024248711

UCL = 0.044248711

UCL = 0.044

Now calculate LCL using folllowing formula

LCL = p - z $\sqrt{\frac{p(1-p)}{n}}$

Where

P = defect rate = 2% = 0.02

z = sigma control chart limit = 3

n = samploe size = 300

PLacing values in the formula

LCL = 0.02 - 3 $\sqrt{\frac{0.02(1-0.02)}{300}}$

LCL = 0.02 - 3 x 0.008082904

LCL = 0.02 - 0.024248711

LCL = -0.004248711

LCL = -0.004

4 0

3 years ago

Parker owned all of Odom Inc. Although the Investment in Odom Inc. account had a balance of $834,000, the subsidiary's 12,000 sh

Lorico [155]

Answer:

$128,400

Explanation:

Account balance $ 834,000,

Subsidiary's 12,000 at $56 per share. Odom Issued 3,000 at $70 per share

$ 56 X 12,000 = $672,000

$ 672,000+ $70 X 3,000 = $ 882,000

$ 882,000 X .80 = $ 705,600

$ 705,600 – $ 834,000 Investment Account Balance = $128,400

Therefore Reduction in Investment Account is $128,400

The Transaction affect the Investment in Odom inc account because their is reduction in the investment Account from $834,000 to $128,400

3 0

3 years ago

By means of the internet search for an employment test that may be used in companies for selection purposes give the name of at

uysha [10]

Answer:

The two companies are:

1. Mercer

2. Aen

Explanation:

1. The name of the tests. The tests are administered online https://www.practiceaptitudetests.com/top-employer-profiles/mercer-assessments/. There are four categories:

The various categories of tests are:

Numerical
Verbal
Logical
Situational
Publisher

2. Adaptive Employee Personality Test (ADEPT-15®)

This is also administered online at https://www.asia.aonhumancapital.com/home/for-employers/people-and-performance/employee-assessment-and-selection/adaptive-employee-personality-test

This one is more personality inclined. It is for determining employees who are culture fit.

Cheers

3 0

3 years ago

Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu

xenn [34]

Answer:

41 percent

Explanation:

Given : Budgeted Sales $112,900,000

Fixed Costs $25,000,000

Variable Costs $66,611,000

Contribution margin = Net Sales - Variable costs

= $112,900,000 - $66,611,000

= $ 46,289,000

Contribution Margin Ratio = $\frac{Contribution\ Margin}{Net\ Sales}$ = $\frac{46289000}{112900000}$ = 41%

Contribution margin ratio indicates the percentage of sales remaining so as to cover a firm's fixed expenses. It also represents how much percentage of sales is required to cover the variable costs.

It is also expressed as , 100 - Variable cost ratio (in percentage)

6 0

3 years ago