The expected value for the number of cars with defects can
be obtained by multiplying the probability of success (i.e. the percentage of
products with defects - 40%) by the number of cases (i.e. the number of cars
purchased – 5).
40 / 100 X 5 = 2
Therefore, the expected value for the number of cars with
defects will be the percentage of products with defects is 2
Under the condition that country X can manufacture cars more cheaply. An absolute advantage devours in a country if it makes good over alternative country and uses a smaller amount of wealth to yield that good. The result of a country’s natural legacy is the absolute advantage. Another example is extracting oil in Saudi Arabia is pretty much just a matter of drilling a hole. Generating oil in other countries can is essential substantial exploration and costly technologies for drilling and extraction if certainly they have any oil at all. The United States devours about the richest farmland in the world which manufacture it at ease to grow corn and wheat than in many other countries. Guatemala and Colombia partake environment particularly suitable for growing coffee. Chile and Zambia have about of the world’s richest copper mines. As some have claimed that geography is destiny. Chile will bargain copper and Guatemala will harvest coffee and they will trade. When each country has a product others necessity and it can be manufactured with fewer resources in one country over another then it is easy to visualize all parties do good from trade. Thinking about trade just in relations of geography and absolute advantage is incomplete. Trade actually happens because of comparative advantage.
Explanation:
Autonomy -
It is refers to the degree to which the workers have the freedom , discretion , independence , so as to decide when and how to accomplish their jobs .
Hence , from the options given in the question ,
- The most autonomous are the self designing teams and the self - managing teams .
- The least autonomous are the employee involvement groups and the traditional work groups .
- The moderate autonomous is the semi autonomous work groups .
Answer:
warehousing
Explanation:Warehouse financing as a type of financing is the process whereby manufacturers or producers take loan and the collateral for the loan taken are their goods/ items. The collateral which is the goods or commodities are held in high regards or trust by a third party who serves as a trustee holds the goods on the lender's behalf. s. an approved agent can also be used.
Warehouse financing is importantly necessary as it provides manufacturers with better and favorable loan terms , cost effective and an adequate repayment plan also as a merit to its use.
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