The answer is information as the receptionist are the ones responsible for directing people and having to give out informations in regards of what they don't know and what they should do in the hospital. And it represents as a service operation system.
I would say that all of the following are steps to help you be a good problem solver except B and C. You need to define the problem and then set about creating solutions. For example, if it is becoming too expensive to haul ore out of an open pit because it its too deep so the haulage costs are prohibitive, then a potential solution involves decreasing haulage costs by shortening the haul which can be resolved by extending in pit conveyors and crusher down close to the ore deep within the pit.
Answer:
Annual payment = $4,143.66 (Approx)
Explanation:
Given:
P = $1,000,000
r = 12% = 0.12
n = 30
Find:
Annual payment
Computation:
![Annual\ payment=P[\frac{(1+r)^n-1}{r} ] \\\\Annual\ payment=1,000,000[\frac{(1+0.12)^{30}-1}{0.12} ] \\\\ Annual\ payment=4143.66](https://tex.z-dn.net/?f=Annual%5C%20payment%3DP%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CAnnual%5C%20payment%3D1%2C000%2C000%5B%5Cfrac%7B%281%2B0.12%29%5E%7B30%7D-1%7D%7B0.12%7D%20%5D%20%5C%5C%5C%5C%20Annual%5C%20payment%3D4143.66)
Annual payment = $4,143.66 (Approx)
Answer:
Option C There is upward pressure on prices
Explanation:
The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.
