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sveticcg [70]
3 years ago
14

At which level will a manager use analytics to make decisions? operational level managerial level strategic level all of the abo

ve
Business
2 answers:
ziro4ka [17]3 years ago
8 0

Regardless of what type of manager you are in any business setting and industry, analytics would only help you in making the best decisions or evaluations. Since analytics are data-driven, you can be more certain in your measurements of success and in determining the right action to take to reach the milestone you wish to attain.

Thus, the best answer for the question is (D) all of the above.

miss Akunina [59]3 years ago
6 0

At which level will a manager use analytics to make decisions? All of the above. A manager will use analytics to make deisions at the operational, managerial and strategic level of management. Managers need to make sure they make their decisions based off of analytics and facts not just what they think is the right decision. By using analytics, they are able to back up their decisions and explain why those are the decisions that are being made.

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The repair shop owner feels that he is losing many customers needing routine repair because of the long wait. He dedicates one h
a_sh-v [17]

Answer:

This question highlight regarding finding out the Flow time which were given as - Inventory / Time.

The repair shop is now dedicates that one elevator for routine and one for key. Now compute the Flow time for both cases.

Case 1: - For Routine Repairs: -

Inventory = 5

Time = 3 per hour.

Therefore, the Flow Time = Inventory / Time = 5/3 = 1.67 hours

Thus, the cars wait time at an average of 1.67 hrs. before being served at routine repairs.

Case 2: - For Major Repairs: -

Inventory = 3

Time = 1 per hour.

Therefore, Flow Time = Inventory / Time = 3/1 = 3 hours

Thus, the cars wait time at an average of 3 hrs. before being served at major repairs.

6 0
2 years ago
Volbeat Corp. shows the following information on its 2015 income statement: sales = $275,000; costs = $188,000; other expenses =
Verdich [7]

Answer: (1) $61,495

(2) $17,200

(3) $5,400

Explanation:

Given that,

sales = $275,000

costs = $188,000

other expenses = $7,900

depreciation expense = $15,200

interest expense = $13,600

taxes = $17,605

dividends = $10,500

new equity issued = $5,100

Net new long-term debt = $3,600

EBIT = sales - depreciation expense - costs - other expenses

        = $275,000 - $15,200 - $188,000 - $7,900

        = $63,900

EBT =  EBIT - Interest

       = $63,900 - $13,600

       = $50,300

EAT = EBT - Taxes

       = $50,300 - $17,605

       = $32,695

Retained earnings = EAT - Dividends

                               = $32,695 - $10,500

                               = $22,195

(1) operating cash flow = EBIT - Taxes + depreciation expense

                                      = $63,900 - $17,605 + $15,200

                                      = $61,495

(2) cash flow to creditors = Interest - Net new long-term debt

                                          = $13,600 - (-$3,600)

                                          = $17,200

(3) cash flow to stock holders = Dividend - net new equity

                                                 = $10,500 - $5,100

                                                 = $5,400

3 0
3 years ago
During the last half of 2008, the Fed seemed to take "baby steps" in reducing the federal-funds rate target, before finally lowe
emmasim [6.3K]

Answer:

Why can't the Fed push the rate any lower than zero?

Real interest rates can be lower than zero, or negative (because inflation rate is higher than interest rate), but nominal interest rates are generally only limited to zero. But during this same time, the European Central Bank actually started paying negative interest rates on money deposits and many European private banks followed. That means that they charged people for having their money on the bank.

Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?

The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.

4 0
3 years ago
What happens when a single seller market develops into a competitive market?
Luden [163]

Answer:

Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

6 0
2 years ago
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
ratelena [41]

Answer:

B) Sales discounts.

Explanation:

Sales Discount is a contra revenue account which is adjusted in the sales to calculate the net sales value.

As the following transaction is already been recorded at the time of sale

Dr. Account receivable  xxxx

Cr. Sales                         xxxx

Sales account will not be debited to adjust the transaction. we will record this transaction in sales discount account which will ultimately adjusted.

4 0
3 years ago
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