Answer:
Business analysis
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.
This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.
Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Answer:
P=24.92 per quarter
Explanation:
this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:
where 
is the future value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:
we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:
solving P
P=24.92
The government can require licenses in order to start the small business. This keeps the small business accountable and the government and keep track of this.
Answer:
A) Single-server single-phase model (M/M/1).
B) The goal is not met, as the average time waiting for service is 5.56 minutes.
C) The new mean service rate is 7.5 customers/hour.
In this case, the average time waiting for service is 4 minutes, so the goal is met.
Explanation:
A) This situation can be modeled as a single-server single-phase model (M/M/1).
The mean arrival rate is 2.5 customers per hour.
The mean service rate is 6 customers per hour, calculated as:
B) The average waiting time for a customer can be expressed as:
The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.
C) If the average time spent per customer to 8 minutes, the mean service rate becomes
An the average waiting time for the service now becomes:
The average time is now 4 minutes, so the goal is achieved.
Answer:
Reversionary interest
Explanation:
If Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a reversionary interest.
A reversionary interest can be defined as a property law (deed) which states that when a property such as a land transfer is used on a clause; “for so long as” or “on condition that."
Hence, once the interest of the benefactor comes to an end, the property reverts back to its original owner (grantor). It also gives the grantor's next of kin, successor or heir the power or right to take the property back in the future if promises are broken or the agreement comes to an end.
This ultimately implies that, if a property stated in the deed is not used or used, for certain purposes.
<em>In this scenario, Larry owns a reversionary interest because he gifts a land to the school district, but in the deed he stated "for so long as the land is used for a school." </em>
