Range is the measure of variation that is very sensitive to extreme values. It is the difference between high and low values, while standard deviation is the standard measure of variation.The range rule of thumb roughly estimates the standard deviation of a data set as s=range/4 , where s stands for standard deviation and
<span>range = Maximum - Minimum</span>
Answer:
a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
- Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $
75.60
- Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $
87.20
- Cost for Plan C = $80 + $20 = $100
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
- If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.
c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?
- Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.
That statement is true.
Bringing a difference maker shows that you're a leader who is not afraid to take necessary risk to achieve your goals, which make you seem really dependable and increase your team's loyalty. On top of that, bringing an appropriate difference maker also show your advance problem solving ability
Answer:
a. leverage skills and products associated with a firm's core competencies from one country to another.
Explanation:
Company A can still meet the demands of the local markets and the competitive pressures it is facing by utilizing its core competences and deploring its products internationally. A hybrid of localization and international strategies would be more appropriate. This hybrid approach will enable the company "to realize the full benefits from economies of scale and learning effects, without losing on location economies," as desired in the case study.
Answer:
$309
Explanation:
The computation of the gross earning for the week is as follows:
Given that
Payment of $7.15 × 8 = $57.2 or payment of each unit produced whichever is greater
On monday
= 90 units × $0.60
= $54
But the greater is $57.2
On tuesday
= 114 units × $0.60
= $68.4
On Wednesday
= 82 units × $0.60
= $49.20
But the greater is $57.2
On thursday
= 112 units × $0.60
= $67.20
On friday
= 98 units × $0.60
= $58.80
Now the earnings for the last week is
= $57.20 + $68.4 + $57.20 + $67.20 + $58.80
= $308.80
= $309
