Answer:
The answer is: C) Low efficiency and high effectiveness.
Explanation:
The company Kiddy Toys made a great product (High effectivness) but they couldn´t produce it a reasonable cost, so it was very expensive to sell (Low efficiency). As a result they had a great toy that very few customers could afford to buy.
Sometimes a company is able to manufacture a great product, they had a terrific idea that lots of people will like and want. The problem is that if they can not manufacture that product at a low cost then they will never have high sales volumes. This is the very exact reason why most toys nowadays are created in the US but mass produced in China.
Answer:
Project Alpha 81
Project Beta 81
Project Gamma 83
Project Delta 81
Among the four projects the most likely candidates to be implemented will
be Project Gamma .
Explanation:
Screening Model
1.Calculation for Project Alpha
Important Weight×Weight Score = Weighted Score
Quality 5 × 1 =5
Cost 3 ×7 =21
Speed 7 ×5 =35
Visibility 5 ×3= 15
Reliability 1× 5 =5
Total Score =81
2.Important Weight ×Weight Score = Weighted Score
Calculation for Project Beta
Quality 5 × 3 =15
Cost 3 ×7 =21
Speed 7× 5 =35
Visibility 5×1 =5
Reliability 1 ×5 =5
Total Score =81
3.Important Weight ×Weight Score = Weighted Score
Calculation for Project Gamma
Quality 5 ×3 =15
Cost 3 ×5 =15
Speed 7× 3= 21
Visibility 5×5 =25
Reliability 1×7 =7
Total Score=83
4.Important Weight ×Weight Score = Weighted Score
Calculation for project Delta
Quality 5 ×5 =25
Cost 3 ×3 =9
Speed 7× 5 =35
Visibility 5×1 =5
Reliability 1 ×7 =7
Total Score =81
Therefore among the four projects the most likely candidates to be implemented will
be Project Gamma because it has the highest
score with a score of 83.
Answer:
I used an Excel spreadsheet to calculate R² which gives us the least squares trend. See attached image.
y = 360x + 1600
R² = 0,9529
next year's enrollment should be = (360 x 5) + 1600 = 3400