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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.
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The primary purpose of _________ behaviors is to enhance employees’ skills and to create positive work relationships among cowor
LiRa [457]

Answer:

relationship-oriented

Explanation:

The relationship oriented refers to building a good relation with the employees so that they gets the motivation that results the improvement in their work by giving their best effort to complete a task

Here, to enhance the employees skills and building a positive relation among coworkers represents the relationship-oriented and the same is to be considered

5 0
3 years ago
Assume the Expectations Hypothesis regarding the term structure of interest rates is correct.
S_A_V [24]

Answer:

2.5% is the current two years interest rate

Explanation:

If the first year interest rate is 2% and expected coming year interest rate is 3% based on the hypothetical projection which is believed to be correct, then the interests rate for the two years will be the average of the interest of the two years in focus which gives us:

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6 0
3 years ago
Which of the following statements is true of strategic alliances as disadvantages? a.The fixed costs and associated risks of dev
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They are most beneficial when they join together resources and knowledge in a combination that complies with the VRIO framework.

5 0
3 years ago
What is the best explanation for the slope of the keynesian zone of the aggregate supply curve?
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An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.

The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.

The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.

The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.

Learn more about Keynesian at

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8 0
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Here’s why it should be allowed. some people feel more comfortable wearing one and I feel like that’s really the only reasonable reason for someone to wear one.
5 0
2 years ago
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