1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
3 years ago
12

An appliance manufacturer wants to contract with a repair shop to handle authorized repairs in Indianapolis. The company has set

an acceptable range of repair time of 50 minutes to 90 minutes. Two firms have submitted bids for the work. In test trials, one firm had a mean repair time of 74 minutes with a standard deviation of 4.0 minutes and the other firm had a mean repair time of 72 minutes with a standard deviation of 5.1 minutes. Which firm would you choose? Why?
Business
1 answer:
luda_lava [24]3 years ago
3 0
Although one would repair at the most time of 76 minutes, the other is at most 77.1 minutes. I would pick the second one because they may take longer by 1.1 minutes at most, they also included seconds, which seems more like an honest bid time.
You might be interested in
the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable a
melisa1 [442]

It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.

<h3>What do you mean by information age?</h3>

The concept of the "Information Age" holds that having access to and control over information characterizes the current phase of human civilization. This is the Information Age. The world as we know it today is a product of all the eras from the Stone Age to the Industrial Revolution.

Hence, It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.

learn more about information age:

brainly.com/question/13455564

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

TRUE OR FALSE: the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.

4 0
1 year ago
What does the term primary, secondary and tertiary mean in business?
seropon [69]

Tertiary means commercial services.

Primary business purpose is a phrase denoting that the main intent of traveling out of town was to transact business.

A secondary industry makes products that are more likely to be consumed by individuals.

Hope this helps, have a good day. c;

7 0
3 years ago
Read 2 more answers
"Melinda!" bellowed Torn to the company’s HR specialist, "I’ve got a problem, and you’ve got to solve it. I can’t get people in
Morgarella [4.7K]

Answer: Yes training is the solution, training is the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. b.To improve productivity, to solve operational problems, to reduce wastage of materials, to boost employees morale. C. Identify training need, define programme objective, design training programme, implement training programme, monitor feedback during couse

Explanation:

a.

Training can be defined as the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. The main objective of training is to achieve a change in behaviour of those workers trained. Training help the workers to acquire technical knowledge and the problems solving skills in which they can utilized on the job in order to achieve the organizational goals and objectives.

b. The need for training includes the following

1. To improve productivity on the part of both the employees and the organization

2.Training helps in solving operational problems such as reduction in the accident in the workplace, Labour turnover, absenteeism, and grievances rate in the workplace.

3. Training help the organization in reducing the wastage of materials used in the production of goods as well as to ensure better utilization of machines used in production of goods.

4. Training helps in boosting the morale of the workers in the organization, in the sense that as the workers acquired new skills it will make them a better workers which increase their market value and enhanced their earnings power which in the long run lead to job security and self actualization for the workers.

5. Training helps in filling the vacancy for specific manpower need which is crucial to the organization survival but which is very difficult to fill through the external recruitment process

6.Training helps in formation of new altitudes for the workers which will help the workers to contribute their quota towards the achievements of the organizational goals and objectives.

c. The summary of the need assessment include the following

1 . Identify the training needs

2. Define the programme objective

3. Design training programme

4.implement training programme

5. Monitor feedback during the course of training

6. Place training participants back on their jobs

7. Conduct post course evaluation to determined the benefits of the training programme.

7 0
3 years ago
Managerial accounting information for a company
Bad White [126]

Answer:

Correct answer is b. relates to subunits ot the entity and may be very detailed.

Explanation

Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.

So in order to run the business smoothly this information/accounting is required  to be very detail and covering each and every aspect of the entity.

5 0
3 years ago
For a recent year, Best Buy reported sales of $42,410 million. Its gross profit was $9,690 million. What was the amount of Best
LiRa [457]

Answer:

The amount of Best Buy's cost of goods sold was $32,720 million

Explanation:

cost of goods sold = sales - gross profit

                               = $42,410 million - $9,690 million

                               = $32,720 million

Therefore, The amount of Best Buy's cost of goods sold was $32,720 million

6 0
3 years ago
Other questions:
  • AV City stocks and sells a particular brand of laptop. It costs the firm $625 each time it places an order with the manufacturer
    8·1 answer
  • A government bond with a coupon rate of 5% makes semiannual coupon payments on January 7 and July 7 of each year. The Wall Stree
    11·1 answer
  • Devonshire Ventures is a large snack-food conglomerate that operates in more than 50 countries and employs more than 80,000 peop
    7·1 answer
  • Which of the following are characteristics of public goods? Choose one or more: A. Individuals have an incentive not to pay for
    12·1 answer
  • If you want more blank white space around the text in a document, you should increase the ____.
    9·1 answer
  • Christopher's Cranks uses a machine that can produce 100 cranks per hour. The firm operates 12 hours per day, five days per week
    9·1 answer
  • The cost of to a retailer of a ski patrol backpack used in emergency situations is $84.96. The retailer uses a markup of 40% bas
    9·1 answer
  • Two costs at Bradshaw Company appear below for specific months of operation. Month Amount Units Produced Delivery costs Septembe
    11·1 answer
  • The cost of plant in use with Hand Sanitizer Ltd (Hand Sanitizer), a manufacturing firm on 1 st April 2018 was GH₵375,000 agains
    5·1 answer
  • The Sharps were granted a decree of divorce effective January 1, 2018. In accordance with the decree, Susan Sharp is to pay her
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!