Answer:
Beta distribution
Explanation:
Beta distribution In probability theory
is regarded as a part of continuous probability distributions with a defined interval which could be 0 and 1, and it is characterized with two positive parameters (α and β) which is seen as
as exponents of the random variable .
It should be noted that Beta distribution probability is commonly used to model the inherent variability of activity time estimates in project management
Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.
<h3>What is Working Capital Management?</h3>
Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.
A company who make use of working capital management as a strategy will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.
Therefore this refers to as working capital management.
Learn more about working capital management here:brainly.com/question/14736085
Alexi spends more time in the production of tacos and Tony spends more time in the production of Cuban sandwiches. So they enjoy comparative advantage in the production of these goods respectively.
Answer: Alexi earns $4200 and Tony earns $6300. Collectively they earn $10500 per week.
<u>Explanation:</u>
The opportunity cost of Alexi for producing one Taco is <u>0.67</u> cuban sandwiches.
The opportunity cost of Tony for producing one cuban sandwich is <u>1.29</u> tacos.
<u>Tony</u> has a comparative advantage in the production of cuban sandwiches.
<u>Alexi</u> has a comparative advantage in the production of street tacos.
Combined together they will produce a total of <u>1410</u> tacos and <u>1530</u> cuban sandwiches.
Alexi will spend <u>20 hours</u> in the production of tacos and Tony will spend<u> 20 hours</u> in the production of cuban sandwiches.
Tony will specialize in cuban sandwiches and will earn<u> </u><u>$ 6300 </u>and Alexi will specialise in producing tacos and will earn<u> $ 4200</u>.
Their joint revenue will be<u> $10500</u> per week.
Answer:
Absolutely Not, recommend that the office manager invest more time monitoring the productivity of her clerical staff.
Explanation:
As clerical staff know the timings of monitoring. So, at that time they just show her that they are doing their work with dedication. But just after her monitoring, they known that she will not come before 2 hours. So, basically this is the actual problem in this case. Despite the four times monitoring each day, it does not result in higher productivity, instead productivity has declined 30 percent since she assumed the helm one year ago.
The best way to overcome this problem, office manager should not fix their time of monitoring. So that, clerical staff does not know the time when she come for monitoring. This will lead to improvement in the productivity level.