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sergey [27]
3 years ago
5

Which of the following models is best suited to decide when given a set of destinations, what is the shortest route that allows

the salesperson to visit every destination and return to the starting place, considering that it would be too difficult and complex to get an optimal decision?a) Rational Modelb)Incremental Modelc) Satisficing Modeld) Garbage Can Model
Business
1 answer:
Vlad [161]3 years ago
5 0

Answer:

The correct answer is letter "C": Satisficing Model.

Explanation:

American economist <em>Herbet Alexander Simon's</em> Satisficing Model is an approach that focuses on making the most comfortable decision instead of the most optimal decision in order to accomplish a certain task. Besides, it aims to save the maximum amount of resources possible.

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Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours a
Andrej [43]

Answer and Explanation:

The preparation of the cost of goods sold budget is presented below:

Direct material ($12 × 20,000 chairs) $240,000

Direct labor ($16 × 1.9 × 20,000 chairs) $608,000

Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600

Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400

Cost of goods manufactured $943,000

Add: opening inventory $0

Less: ending inventory (610 chairs × ($12 + ($16 × 1.9) + ($1.20 × 1.9) + ($1.30 × 1.9) -$41,278.70

Cost of goods sold $901,721.3

5 0
3 years ago
Welcome to the last week of your course. In this discussion question you have the opportunity to be creative and to relate what
Gnesinka [82]

Explanation:

The business market is constantly changing, currently we are dealing with a technological revolution that directly affects the lives of people and companies. The market is increasingly competitive and globalized, so adapting to new processes and innovations with regard to technology, administrative practices and communication are essential when it comes to managing companies.

A good leader must understand that currently companies are increasingly responsible for their micro and macro environment, which configures them as active agents for positive change in the world. Therefore, the ideal is that managers consider adopting current practices that use modern communication and intelligence systems to make work easier and more agile, in addition to promoting continuous improvement in all organizational processes, avoiding waste and negative impacts on the environment, establishing social programs and environmental protection practices, in order to attest its value to stakeholders.

It is also necessary that the company be ethical with its employees, respect the individual values ​​of each with regard to culture, gender, etc., promoting an environment and organizational culture focused on inclusion and respect for differences.

The ideal is also to have an assertive leadership, where the leader is the personal incentive agent, adopting positive attitudes about its collaborators and helping in the personal and professional development, generating an innovative, ethical and positive environment.

4 0
3 years ago
Which expense contributes to a business’s semi-variable cost?
motikmotik

for Plato the correct answer is D. overtime (wages) paid to workers :)

6 0
3 years ago
Critical to any listing contract is the question of when the broker becomes entitled to a commission. Traditionally, the broker
LekaFEV [45]

Answer:

D

Explanation:

Based on the information provided within the question it can be said that the one exception to the broker being entitled to his/her commission would be If a contract is contingent upon the buyer obtaining financing and the buyer is unable to do so. This is because in this scenario if the buyer does not obtain the financing needed he is therefore unable to buy the property and the contract will become void.

6 0
3 years ago
A leveraged buyout refers to a(n): a. action where the management of the firm and/or an external party buys all of the assets of
grigory [225]

Answer:

a restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private.

Explanation:

A leverage means taking a loan to consummate a deal. So a leveraged buyout is when an entity takes a loan in order to buy all the assets of a firm and take it private.

Leveraged buyout is practices by parties that do not have enough funds to purchase a company, but they see a high return of Investments over time.

So they take a loan to buyout the company in the hope that returns will eventually cover the loan taken

3 0
3 years ago
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