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a_sh-v [17]
3 years ago
10

Calls arrive at Lynn Ann​ Fish's hotel switchboard at a rate of 2.5 per minute. The average time to handle each is 20 seconds. T

here is only one switchboard operator at the current time. The Poisson and negative exponential distributions appear to be relevant in this situation. ​a) The probability that the operator is busy​
Business
1 answer:
defon3 years ago
8 0

Answer:

50

Explanation:

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Target markets can be selected by appealing to the entire market with one marketing mix
mixas84 [53]

Answer:

The correct answer is b. True.

Explanation:

The objective of applying the marketing mix is to know the situation of the company and to develop a specific strategy for subsequent positioning. One way to start is by conducting a market study.

As changing as the consumer, the marketing mix currently has an approach that rethinks questions about the market and the consumer such as:

- What needs do my clients have?

- What is the cost of satisfaction of our customers and what return will this satisfaction give me?

- Which distribution channels are more convenient?

- How and by what means do I communicate it?

5 0
3 years ago
As the manager of a golf resort, you want to increase the number of tee times sold by 10 percent. Your staff economist (and juni
Luden [163]

Answer:

The price of tee times needs to be decreased by 6.67%.

Explanation:

The manager wants to increase the number of tee times sold by 10 percent.

The price elasticity of demand for tee times is –1.5.

Percentage change in price of tee times to increase the demand by 10%

Price elasticity of demand = \frac{\% \Delta Q}{\% \Delta P}

-1.5 = \frac{10 \%}{\% \Delta P}

\% \Delta P = \frac{10}{-1.5}\% \Delta P = -6.67 \%

7 0
4 years ago
Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate
bulgar [2K]

Answer:

The proportion of the investment is 100%.

Explanation:

This can be calculated using the following formula:

Rportfolio = (y * Rrisky) + ((1 - y) * Ttbill) ..................... (1)

Where;

Rportfolio = Overall portfolio expected rate of return = 15%. or 0.15

Rrisky = risky portfolio expected rate of return = 15%, or 0.15

Ttbill = T-bill rate = 10%, or 0.10

Substituting the values into equation (1) and solve for y, we have:

0.15 = (y * 0.15) + ((1 - y) * 0.10)

0.15 = 0.15y + 0.10(1 - y)

0.15 = 0.15y + 0.10 - 0.10y

0.15 - 0.10 = 0.15y - 0.10y

0.05 = 0.05y

y = 0.05 / 0.05

y = 1.00, or 100%

Therefore, the proportion of the investment is 100%.

6 0
3 years ago
Manufacturing costs from a scraped poor-quality product are $6000 per year. AN investment in an employee training program can re
romanna [79]

Answer:

We see that Prog A will give an annual CF of 75%*$6000 = $4500

Prog B will give annual CF of 95%*$6000 = $5700

Disc Rate Kd = 20%

So PV of Annuity of $1 for 5 yrs with Kd = 20% is 2.9906

So NPV of Prog A = CF0+CF1+ ....+Cf5 = -12000+2.9906*4500 = $1,458

So NPV of Prog B= CF0+CF1+ ....+Cf5 = -20000+2.9906*5700 = $(2,954)

So Prog A is more effective as it gives a Positive NPV

8 0
4 years ago
If there's some evidence to support each side's position, which side does m boigues say the arbitrator will rule for?
BigorU [14]
<span>
When you excersise, your target heart rate should be between 25% to 70% of your maximum heart rate. Your target heart rate r at 70% can be determined by the formula r=0.7(220-a) where a represents your age in years. Solve the formula for a.</span>
8 0
3 years ago
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