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3 years ago

1 poi

Business

1 answer:

STALIN [3.7K]3 years ago

3 0

Answer:

a. It is not preferable for business standards.

Explanation:

A "colloquial pronunciation" refers to an "informal" way of pronouncing words. Such type of pronunciation is used in daily conversations and should not be used in formal settings (such as business setting).

One example of colloquial pronunciation is stating "yeah," instead of "yes." Another example is by stating "wanna," instead of "want to."

So, this explains the answer.

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Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.3 cus

S_A_V [24]

It is recommended to use one consultant with an average service time of 8 minutes/customer.

The total cost for the first scenario where there is one consultant with an average service time of 8 minutes per customer is $ 29.05

The total cost for the second scenario where there are two consultants with an average service time of 10 minutes per customer is $ 49.16

Explanation:

Given,

Average customer arrival = λ =2.3 customers/hour

Average consultant time1 = μ = 8 minutes/customer

Average consultant time2 = μ = 10 minutes/customer

Cost of consultants service = $18

Cost of customer waiting time = $25

Convert the average consultant time to hours/customer

Average consultant time1 = μ = 60/8 = 7.5 hours/customer

Average consultant time2 = μ = 60/10 = 6 hours/customer

Single consultant queuing model:

Calculations for one consultant

Average no. of customers waiting for service = Lq = λ²/μ(μ-λ)

Average no. of customers waiting for service = Lq = (2.3)²/7.5(7.5 - 2.5)

Average no. of customers waiting for service = Lq = 0.1356

Average no. of customers in the system = L = Lq + λ/μ

Average no. of customers in the system = L = 0.1356 + 2.3/7.5

Average no. of customers in the system = L = 0.442

Total cost = (customer waiting time cost)*L + consultant service cost

Total cost = $ 25 $\times$ 0.442 + $ 18

Total cost = $ 29.05

Multi consultant queuing model:

Calculations for two consultants

Average no. of customers waiting for service,

Lq = ((λ/μ)^k(λμ)/(k -1)(kμ - λ)) $\times$ P₀

Where k = 2 is the number of consultants and P₀ is the probability that all of the k consultants are idle. The value of P₀ can be found in the tables with λ/μ = 2.3/6 = 0.38 and k = 2, P₀ ≅ 0.685

Average no. of customers waiting for service,

Lq = (2.3/6)²(2.3 $\times$ 6) / (2-1)(2 $\times$ 6 - 2.3) $\times$ 0.685

Average no. of customers waiting for service = Lq = 0.1431

Average no. of customers in the system = L = Lq + λ/μ

Average no. of customers in the system = L = 0.1431 + 2.3/6

Average no. of customers in the system = L = 0.5264

Total cost = (customer waiting time cost)*L + consultant service cost

Total cost = $25 $\times$ 0.5264 + ($18) $\times$ 2 (since there are 2 consultants now)

Total cost = $ 49.16

3 0

3 years ago

Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages. Michael Mirer worked for Dawson Company for six months t

lisov135 [29]

Answer:

$83.4

Explanation:

Under FUTA, only the first $7000 earning per year will be taxed. Any amounts above $7000 will be tax-exempt.

For Michael, the tax will be calculated as follows.

for the$11200 earned in Dawson company

=0.6% x $7000

=0.06/100 x 7000

=0.006 x 7000

=$42

Amount earned working at McBribe

=0.06% x 6900

=0.006 x $6900

=$41.4

Total to be paid by the two companies

=$42 + $ 41.4

=$83.4

5 0

4 years ago

How should each instrument be changed if the fed wished to decrease the money supply?

densk [106]

The way each instrument be changed if the fed wished to decrease the money supply is the Fed should conduct :
- Open market sales
- Raise discount rates
- Raise interest paid on reserves.
This will attract more saving from the people.

3 0

3 years ago

Firms using the __________ approach during the decline stage of the product life cycle will gradually reduce marketing expenditu

In-s [12.5K]

Firms using the Harvesting approach during the decline stage of the product life cycle will gradually reduce marketing expenditures and use a less resource-intensive marketing mix.
In business, harvesting approach is a practice to exploit as much profit as possible from a certain company's product before it pulled out from the market. Usually being done because the firms want to replace the product with a newer one.

6 0

3 years ago

Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 per

DENIUS [597]

Answer:

Because the current money multiplier is 2, the Fed would BUY $500,000 worth of bonds, INCREASING the monetary base and so increasing the money supply by $1 million.

Explanation:

if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:

increase in money supply = additional funds x money multiplier

money multiplier = 1 / reserve ratio = 1 / 50% = 2
desired increase in money supply = $1 million

$1,000,000 = additional funds x 2

additional funds = $1,000,000 / 2 = $500,000

6 0

3 years ago