Answer:
c.154
Explanation:
In a safety stock problem where both demand and lead time are variable, demand averages 150 units per day with a daily standard deviation of 16, and lead time averages 5 days with a standard deviation of 1 day. The standard deviation of demand during lead time is approximately: 154 units
Answer:
A) anchoring bias
Explanation:
Anchoring bias refers to a common mistake of relying heavily on the first information that we get, or in this case, the first information that we look for.
We all tend to suffer from anchoring bias, that is why it is one of the oldest sales techniques. Everyone has seen an ad that states a before price and a discount price. If the difference between the before price and the after price are significant, then we will consider that it is a bargain. Or a salesperson first shows us an expensive product, and then shows us a similar but lower priced product, we tend to believe the second product is cheap.
When most of us look for a job, of course we focus on the salary, since we want to work to earn money. But only focusing on the salary is seeing only half the picture, although the most important half. Other associated benefits or costs are usually not considered, e.g. a high paying job might also require dressing formally or spending a lot of time travelling.
Answer:
$51 million
Explanation:
The movement or difference between the opening and closing retained earnings is the net in the dividends paid and the net income for the year.
Given
net income = $41 million
Opening retained earnings = $675 million
closing retained earnings = $665 million
Dividend paid = p
$675 million + $41 million - p = $665 million
p = $675 million + $41 million - $665 million
p = $51 million
Dividend paid to shareholders is $51 million
Answer:
c. This sentence is false. Increasing transfer benefits like welfare will lower the opportunity cost of making decisions that can lead to poverty
Explanation:
Welfare programs involves<em> transfer payments</em>. These payments are made by the government in order to assist the marginalized sectors or people who are in need so they can thrive economically. In this case, the government just provides and doesn't receive anything in return.
If the government expenditures would increase, the transfer benefits would increase too. So this would most likely lead to "poverty" because<em><u> the government will just be spending money without any returns.</u></em>
