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3 years ago

The administration of one test at one time to one group and intercorrelation of odd with even items is called:

1 answer:

5 0

Split-half testing is known for the administration of one test at one time to a group and intercorrelation of odd with even items. Split-half testing helps maintain reliable information and consistency throughout tests and questionnaires.

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A firm just completed a new plant that will produce more than 500 different products, using more than 50 different production li

Sauron [17]

You will do 500 divide by 50 that will get you 10. that means quantive production scheduling means they will have less.

5 0

3 years ago

Master Hatter's demand for hats is 25,000 per year. The order cost is $425 and the carrying cost is $4.50 per unit. The cost pai

laiz [17]

Answer with its Explanation:

Part A. Economic order quantity Computation

Economic order quantity can be calculated by using the following formula:

EOQ = Squaroot of (2* D * S / H)

Here

Ordering cost per order is $425 which is S

Annual Holding cost per unit per year is $4.5 which is H

Annual Demand is 25000 Units

By putting values, we have:

EOQ = (2 * 25000 * $425 / $4.5) ^(1 / 2) = 2173 Hats

Part B.

Total Cost at EOQ = Purchasing Cost + Total Ordering cost + Holding Cost

By putting values, we have:

Total Cost = 25,000 Units * $25 per unit + ($25,000 / 2173 Hats) * $425 + (2173 Hats / 2) * $4.5 = $634,778 Annual Cost

Part C.

For ordering at-least 2000 units per order, the total cost would be:

Total Cost under 2000 order quantity = 25,000 * $25 per unit + (25000/2000) * $425 + (2000/2) * $4.5

Total Cost under 2000 order quantity = $634,813

By ordering at least 2000 hats will bring a loss of $35 ($634,778 - $634,813), hence Master Hatter must only order in EOQ.

6 0

3 years ago

Which section of a business plan contains special information that you only share with those who really need to know about it an

mylen [45]

The financial plan is a section of a business plan that is only shared with those who really need to know such as loan officials, lawyers & accountants.

4 0

4 years ago

Read 2 more answers

Sunny corporation reported the following results for december: Description AmountNumber of units sold 800 unitsSelling price per

Llana [10]

Answer:

The gross margin for December is: 0.5%.

The Gross margin of an organisation or business measure the extent by which its income exceeds the costs it incurs in producing its goods and or services.

The gross margin is measured in percentages. The higher the percentage of this margin, the higher the effectiveness of the company's management in deriving value from every dollar invested.

Explanation:

To arrive at Gross Margin, one is required to subtract the total cost of goods sold from total revenue for the period and dividing that number by revenue. That is:

Gross Margin (GM) = $\frac{Revenue-Cost of Goods Sold}{Revenue}$

Step I - Calculate Revenue

This is given as the total amount of goods sold which is:

800 x $500 = $400,000

Step II - Calculate Cost of Goods Sold

Cost of goods sold per unit is given as

$250 per unit.

Total Cost of Goods sold therefore is

800 x $250 = $200,000

Step III - Calculate Gross Margin

= $\frac{400,000-200,000}{400,000}$

= $\frac{200,000}{400,000}$

= $\frac{1}{2}$ or 0.5%

Cheers!

7 0

4 years ago

27. You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund t

Serjik [45]

Answer:A and C

Explanation:

Interest is compounded in savings accounts and me to reduce the amount that I must deposit today and still have my desired $1 million on the day I retire then I should either, invest in a different account paying a higher rate of interest meaning the invested amount will be compounded at a higher rate thus my initial investment amount requirement reduced. Or, since compounded interest is a function of time, if I retire later, that would mean a longer time for my initial investment to compound to $1 million, thus reducing my initial investment amount requirement.

5 0

3 years ago