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AlexFokin [52]
3 years ago
8

Both normal and special cause variation add to project cost and need to be considered by project managers

Business
1 answer:
Paha777 [63]3 years ago
4 0

Answer:

True

Explanation:

Variations in both common and special circumstances contribute to project costs and need to be weighed by project managers when they want to work more often.

  • Variability, is the degree to which data deviate differ from the estimated value in a probability distribution or data set, and the extent to which those data points differ from one another.
  • This is most commonly attributed in financial terms to the volatility of the returns on investment.

therefore the answer is true for the following.

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Determine your targetarket​
mart [117]

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

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7 0
3 years ago
Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $ 5 comma 687 com
leonid [27]

Answer:

Instructions are listed below

Explanation:

To calculate the number of shows to achieve a certain amount of profit you need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= (fixed costs + profit)/contribution margin ratio

contribution margin ratio= (price - unitary variable costs)/price

For the number of shows, divide the Break-even point (dollars) by the selling price

4 0
3 years ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 395 units.
Sergeu [11.5K]

Answer:

77.48 units

Explanation:

Data provided in the questions

Annual demand = 395 units

Ordering cost = $38

Holding cost per unit per year = $5

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{395}\times \text{\$38}}{\text{\$5}}}

= 77.48 units

hence, the economic order quantity is 77.48 units

We simply applied the above formula so that approximate units could come. And it always expressed in units

8 0
3 years ago
________ have over 85% of the l,669 federally designated mental health professional shortage areas.
Vedmedyk [2.9K]

Answer:

rural places have over 85% of the l,669 federally designated mental health professional shortage areas.

Explanation:

5 0
2 years ago
During March, the production department of a process operations system completed and transferred to finished goods 27,000 units
klasskru [66]

Answer:

Cost per equivalent unit of material =$1.51

                                 

Explanation:

<em>Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.</em>

Equivalent units = Degree of completion × units

<em>Items                                                   Equivalent units</em>

Opening inventory    27,000×100%   =    27,000

Fully worked              180,000× 100% =  180,000

Closing inventory      24,000× 100%  =   <u>24,000</u>

Total equivalent units                              <u> 231,000</u>

Cost per equivalent unit of material = 93,800+254,000/231,000 units

                                                             

6 0
3 years ago
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