Answer:
<em><u>Julie's catering business
</u></em>
Julie should use the model of sole proprietorship
<em><u>Explanation:
</u></em>
sole proprietorship, is the most useful business entity for Julie as she won’t loss the control of her business and can grow at her own pace because she would be the most important decision maker.
A partnership involves doing an alliance with another person or business then the control will be divided with others.
Finally, a corporation. needs the collaboration of more shareholders and the span of control will be broader as more persons will be involve in the decision-making process. "Corporations are not really run by their owners." because the people involved in the corporation must take decisions that are not consulted with the owners.
<em><u></u></em>
<em><u>Terri tax-related services
</u></em>
Terry should use the model of sole proprietorship
<em><u>Explanation
</u></em>
For Terri the sole proprietorship model is the most useful as well because he can grow to obtain recognition and enjoy the benefits of bigness
Answer:
Cp= 1.33
Explanation:
Giving the following information:
Meena Chavan Corp.'s computer chip production process yields DRAM chips with an average life of 1,800 hours and sigma = 100 hours. The tolerance upper and lower specification limits are 2,400 hours and 1,600 hours, respectively.
Cp= (upper specification - lower specification)/6*sigma
Cp= (2400 - 1600)/6*100= 1.33
Answer:
this is a cost minimization problem, but it is missing some numbers, so I looked for similar questions (see attached PDF):
minimization equation = 20x₁ + 22x₂ + 18x₃ (costs per ton)
where:
x₁ = mine I
x₂ = mine II
x₃ = mine III
the constraints are:
4x₁ + 6x₂ + x₃ ≥ 54 (high grade ore)
4x₁ + 4x₂ + 6x₃ ≥ 65 (low grade ore)
x₁, x₂, x₃ ≤ 7 (only 7 days per week)
using solver, the optimal solution is
2x₁, 7x₂, and 5x₃
a. The number of days Mine I should operate = <u>2 days
</u>
b. The number of days Mine Il should operate = <u>7 days
</u>
c. The number of days Mine III should operate = <u>5 days
</u>
d. The total cost of the operation for next week = <u>$284,000</u>
Selfish employee because she doesn’t want to work for the good of the company, she just want the good for her
