Answer:
b. a brand-expectancy model
Explanation:
the brand-expectancy model is used to assess or measure customers buying decisions based on the evaluation of the characteristics of different brands of an item. This customer assessment are usually based on beliefs and perception of the attributes of different brands and for the individual brand this is multiplied by the respective weights to produce a preference ranking of the alternatives
Answer:
(a)The implied cost of shortage per quart is = $4.75
(b) This could be viewed as reasonable figure, because is (approximately) equal to the loss per quart of strawberry.
Explanation:
Solution
Given that:
Mean =μ = 40
Standard deviation =σ = 6
Excess cost= Ce =$0.35
The amount ordered =S₀= 49
Thus
Z =(49 -40)/6
=1.5
Now
From the Table Z, we have the service level which is,
P(X <49 ) = P(Z < 1.5)
= 0.9332
Since we know that,
Service level (SL) =Cs/Cs+Ce
So,
0,9332 =Cs/Cs+0.35
Thus
0.9332Cs + 0.35* 0.9332 =Cs
0.0668Cs =0.32662
Hence
Cs = $4.75
(a) The implied cost of shortage per quart is = $4.75
(b) Therefore,this could be regarded as reasonable figure, because is (approximately) equal to the loss per quart of strawberry.
Answer:
MPLF/MPLC; becomes steeper
Explanation:
The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.
Where
- MPLC is Marginal Product of Labor for Cloth.
- MPLF is Marginal Product of Labor for Food.
Answer:
The right solution is "70375.08".
Explanation:
Given that,
Present value,
= 4360
Interest rate,
= 5%
Time period,
= 30
Now,
The present value of inflows will be:
= ![(1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}](https://tex.z-dn.net/?f=%281%2Brate%29%5Ctimes%20%5Cfrac%7BPresent%20%5C%20value%5B1-%281%2BInterest%20%5C%20rate%29%5E%7B-time%20%5C%20period%7D%5D%7D%7Brate%7D)
= ![1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}](https://tex.z-dn.net/?f=1.05%5Ctimes%204360%5Ctimes%20%5Cfrac%7B%5B1-%281.05%29%5E%7B-30%7D%5D%7D%7B0.05%7D)
= 
= 
Answer:
False
Explanation:
False because the income, expenses accounts are closed to profit and loss account or income summary.
they are closed by transferring the credit balances in revenue a/c and debit balnace in expenses a/c to clearing account income summary.
The assets and liabilities , common stock, equity account are not closed.
