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Shtirlitz [24]
3 years ago
8

Your insurance firm processes claims through its two facilities: facility A and facility B. Each month, facility A handles 6,000

claims and incurs in $50,000 fixed costs and $54,000 in variable costs. Each month, facility B handles 5,000 and incurs $174,000 in fixed costs and $60,000 in variable costs. IF you anticipate a decrease in the number of claims, where will you lay off workers?
Business
1 answer:
Leokris [45]3 years ago
7 0

Answer:

The Facility B will lay off the workers.

Explanation:

For taking any decision, first we have to compute the variable cost per claim and fixed cost per claim

The variable cost per claim is equals to

= Total variable cost ÷ number of claims

For Facility A, the variable cost is equals to

= $54,000 ÷ 6,000 = $9 per claim

For Facility B, the variable cost is equals to

= $60,000 ÷ 5000 = $12 per claim

As fixed cost is remain same, so we don't have to compute the fixed cost because it is given in the question.

Since, in Facility B, the variable cost is $12 per claim and in Facility A, the variable cost is $9 per claim. So, the  Facility B has greater variable cost per claim than Facility A, so the Facility B will lay off the workers if decrease in the number of claims happen.

Hence, Facility B will lay off the workers.

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In anonymous surveys, on average people rate themselves as "above average" with regard to characteristics such as intelligence,
BabaBlast [244]

Answer:

A. Overconfidence effect

Explanation:

Overconfidence effect is a kind of bias whereby individual's subjective confidence in their own abilities is greater than the objective or actual performance accuracy of those abilities. During surveys, respondents usually have this kind of bias. An example is the one stated in the question whereby average people tend to fill that they are "above average" on certain features like intelligence and perceptiveness. It is a common bias as individuals usually assume that they are better than their real ability by overestimating those abilities inherently.

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3 years ago
The primary purpose of ________ is to encourage the expenditure of funds on research and development to create new products.
Firdavs [7]

I guess the correct option is D.

The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.

8 0
3 years ago
The shareholders of Flannery Company have voted in favor of a buyout offer from Stultz Corporation. Information about each firm
Nonamiya [84]

Answer:

The answer is "$4.311".

Explanation:

Calculating the EPS after the merger:

\text{Stultz Corp Post Merger Earnings} = 220,000 + 1,000,000 \\\\

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\to \text{Number of Shares Post Merger:} \\\\=\frac{99,000}{3} + 250,000\\\\ = 283,000\\\\\text{EPS Post Merger} =\frac{\text{Stultz Corp Post Merger Earnings}}{\text{Number of Shares Post Merger}} \\\\

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7 0
2 years ago
The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The
Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

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  • $3 per unit

<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul  be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0
2 years ago
Which of the following is not a form of retaliation commonly experienced by whistle-blowers?
Allisa [31]

Answer:

E.)Praise by supervisors for their honesty

Explanation:

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