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lidiya [134]
3 years ago
5

Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000

for the property. Using a simulation of 1000 trials, what is the estimate of the probability Strassel will be able to obtain the property using a bid of $120000? Round your answer to 1 decimal place. Enter your answer as a percent.
Business
1 answer:
Klio2033 [76]3 years ago
8 0

Answer:

20%

Explanation:

Simulation is imitation of a situation that represents its operations overtime. Simulation is used for performance tuning. The use of simulation in business is gaining significance. Simulation is used to analyze current situation and predict future. Strassel is using 1000 trials for a bid of $120,000. The estimated probability that Strassel will get the property at a bid of $120,000 is 20%.

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Answer:

The acquisition of businesses that gives the company control of supply chains is vertical integration.

Explanation:

Vertically incorporated corporations acquires either its customer's business or its supplier's business to have a control of supply chains and distribution channels.

The customer's business acquisition is often referred to as forward integration and the movement of a company to acquire its supplier's business is often referred to as backward integration.

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Tobiaz, inc., a private firm, wants to create a survey program similar to the Uniform Crime Reporting Program/National incident-
olchik [2.2K]

Answer:

C, they analyze police reports about crimes reported by victims

Explanation:

Option A is wrong because is disregard hard crimes that conducted by blue-collar people (such as theft, store robbery, or even gang attacks).

Option B and D are wrong because 'Potential' victims do not always translate to actual victims, This will make the data that collected by the firm become misleading. They wouldn't find out the type of crimes that often happen in real life and wouldn't be able to design a proper solution for them.

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3 years ago
Presented below is information related to Windsor Company.
zysi [14]

Answer:

Date    Account Titles            Debit         Credit

Oct 1    Cash                          $16,800

                 Common Stock                      $16,800

Oct 2    No journal entry             -                  -

Oct 3    Office Furniture         $2,500

                  Accounts Payable                  $2,500

Oct 6.   Accounts Receivable  $3, 400

                   Service Revenue                   $3,400

Oct 27   Accounts Payable       $1,100

                    Cash                                      $1,100

Oct 30   Salaries Expense       $2,650

                    Cash                                      $2,650

7 0
3 years ago
Kristy visited a car showroom as she wanted to buy a new car. While she was looking at a new range of compact luxury sport sedan
adell [148]

Answer:

Option C.

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The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.

This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.

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