1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pishuonlain [190]
3 years ago
6

Which decision-making model would you use when your goals are unclear, there is time pressure, and you have experience with the

problem.
Business
1 answer:
vaieri [72.5K]3 years ago
4 0

Answer:

Intuition Decision Making model.

Explanation:

Intuition Decision Making model can be described as the process by which knowledge acquired through associated learning and stored in long-term memory is accessed unconsciously to form the basis of a judgment or decision.

When speed is essential to a successful outcome, intuition decision making model should be used because there will not be need for analytics, facts, and a step-by-step process to come to a decision.

You might be interested in
At the beginning of the project, it may not be possible to estimate the costs for all activities with a level of confidence rega
Marina CMI [18]

Answer: Longer-term project

Explanation:

At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.

5 0
3 years ago
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Num
svlad2 [7]

Answer:

If we use the data of january then the quation of line is

y=mx+c

3500=40000m+2000

3500 is the value on Y axis, 40000 is the value on x axis, m is the slope of the line, 2000 is the Y intersect

the slope of the line will be 3/80 or 0.0375 and this tells the line is positive sloping.

5 0
3 years ago
Suppose that the money demand function is (M/P)d=1000-200r where r is the interest rate in percent. The money supply M is 1200 a
tatyana61 [14]

Answe and Explanation:

b) To find out the equilibrium interest we will equate the money demand function with the money supply:

1000 - 200(r) = 1200/2

r = 2%

c) If the price is fixed and if the supply of money of is increased from 1200 to 1400 then the supply of real balances will be 1400/2 = 700

The equilibrium interest would be:

1000 - 200(r) = 700

r = 1.5%

Thus, it shows that when the supply of money is increased and the price is fixed then the interest rate would fall from 2% to 1.5%

d) The supply of real balances would be 1600/2 = 800

Hence, the interest rate will be:

1000-200(r) = 800

r = 1%

As proved above, an increase in the money supply would decrease the interest rate keeping the price fixed.

e) If the Fed keeps the interest rate at 5% then,

1000 - 200(5) = Money supply/2

Money supply = 0

Reduce the money supply if the interest is increase from 2% to 5%

a) Picture is attached.

6 0
4 years ago
Isabel and Stuart open a money market account to begin saving for the
dangina [55]

Considering the situation described above, this is an example of a "<u>Long-Term investment strategy."</u>

<h3>What is a Long-Term Investment Strategy?</h3>

Long Term Investment Strategy is a type of investment decision in which the investor hopes to reap the rewards later, usually five years or more.

Given that Isabel and Stuart opened a money market account to begin saving for the college expenses of their newborn daughter, which may take an average of 16 years or more before they reap it, this is an example of a "<u>Long-Term Investment Strategy."</u>

Hence, in this case, it is concluded that the correct answer is "<u>Long-term investment strategy."</u>

Learn more about the Investment strategy here: brainly.com/question/25730859

5 0
3 years ago
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses ma
kakasveta [241]

Answer:

a. $558,000

Explanation:

The computation of the machine cost assigned to product X is given below:

= Machine hours  × Activity rate per machine hour

= 3,100 × $180

= $558,000

By multiplying the machine hours with the activity rate per machine hour we can get the amount of machining cost that assigned to product X

hence the correct option is a.

4 0
3 years ago
Other questions:
  • Javier, a homeowner, files a lawsuit against dean, his construction contractor. they meet with their attorneys to try to resolve
    9·1 answer
  • Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
    11·1 answer
  • When the price of a textbook falls by 4 ​percent, the quantity demanded of textbooks increases by 5 percent. What is the price e
    15·1 answer
  • Please help me What are interests?
    13·2 answers
  • Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.83 and Kr 5.98, respectively. The annual risk-free
    11·1 answer
  • Licensee Gary advises Buyer Tim that a property Tim is interested in is zoned for commercial use. In fact, Gary does not know wh
    10·1 answer
  • Pearson Motors has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity
    10·1 answer
  • Which of the following is​ (are) responsible for managing the money supply in the United​ States? A. the Federal Open Market Com
    7·1 answer
  • What is the present value of the following cash flows at a discount rate of 9 percent?
    9·1 answer
  • The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contrib
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!