Answer: A
Supply chain management
Explanation:
Supply chain management is the deliberate control of the movement of goods and services in order to maximize product value, sustain competitive advantage and also reduce cost of production.
Effective supply chain systems help manufacturers reduce excessive inventory holding and this helps in reducing production cost. The main goal of a supply chain management is to better coordinate the inflow and outflow of raw materials, services or information in a firm.
Answer:
A) There is a 50% chance the game ends in a tie, 10% chance you win (and therefore a 40% chance you lose).
expected value = (50% x 20) + (10% x 50) + (40% x 0) = 10 + 5 + 0 = 15
B) There is a 50-50 chance of winning and there are no ties.
expected value = (50% x 50) + (50% x 0) + = 25 + 0 = 25
C) There is an 80% chance you lose and a 10% chance you win or tie.
expected value = (10% x 20) + (10% x 50) + (80% x 0) = 2 + 5 + 0 = 7
The expected value of an event is determined by adding up all the possible outcomes multiplied by their respective value.
Answer:
The answer is: Following the expected value criterion the investor should choose the sell strategy.
Explanation:
The formula we use to calculate the expected return value of the different strategies is:
ERV = ∑ (expected return x probability of occurrence)
The buy strategy has an expected return value of of 1%
ERV Buy = (10% x 33.3%) + (1% x 33.3%) + (-8% x 33.3%) = 1%
The sell strategy has an expected return value of of 1.67%
ERV Sell = (6% x 33.3%) + (2% x 33.3%) + (-3% x 33.3%) = 1.67%
Jake should buy a car from cargurus than truecar. The reason why is because cargurus gives you an in-depth description of what the car has to offer and let's you know what you might want in a car. With truecar, truecar only gives you the price and nothing more. If truecar was a drug dealer, it would probably say, "Hey, you want some weed? It'll cost you about a thousand dollars, but don't worry. This stuff will make you feel goooooood." just for you to figure out that it was laced with chemicals that could literally kill you.
So, Jake's best bet would be to buy a car from cargurus.
Answer:
3.52 times
Explanation:
Given that,
Sales = $348,000
Beginning net Accounts Receivable = $89,000
Ending net Accounts Receivable = $109,000
Average accounts receivable:
= (Beginning net Accounts Receivable + Ending net Accounts Receivable) ÷ 2
= ($89,000 + $109,000) ÷ 2
= $198,000 ÷ 2
= $99,000
Accounts Receivable turnover:
= Sales ÷ Average accounts receivable
= $348,000 ÷ $99,000
= 3.52 times
