Answer:
The probability that exactly 178 passengers will show up and causing a shortage of three seats is 0.004364
Explanation:
X = number of passengers show up
X follow binomial distribution with n = 180 ,
p = 1 - 0.05
= 0.95
P(X = 178) = binom.dist(178,180,0.95,0)
= 0.004364
Therefore, The probability that exactly 178 passengers will show up and causing a shortage of three seats is 0.004364
<u>Answer:</u>
<u>Assertion </u>area of individual competence is lacking in the given scenario
<u>Explanation:</u>
Building up a group or team is a helpful way to deal with achieving success. When created and run successfully, a group can be implemented to pool the thoughts and encounters of its individuals looking for an aggregate result. Organizations of different kinds can profit by crafted by groups. A successful group must have the option to share challenges and furnish individuals with input.
Here, in the given scenario, the group leader exerts the feedbacks in a vague and an indirect manner. This creates a sense of confusion among the team and they lack a clear picture of what is happening. This hinders them from asserting their mistakes. By sharing problems and by giving clear feedbacks, one can increase their productivity and they become powerful issue solvers through a worked together exertion.
Answer:
c)consumer’s desired price is too low, producers may limit the amount produced
Explanation:
In a free market economy, price and quantity produced is determined by the forces of demand and supply. If there's a disequilibrium in the market, market forces bring about equilibrium.
In this question, there's a disequilibrium; there seems to be excess supply. To restore equilibrium, supply has to fall so equilibrium can be restored.
I hope my answer helps you.
Answer:
Job M-47 cost assinged $710
Explanation:
the cost is the sum of the three main component
materials
direct labor
manufacturing overhead (MO)
we will calculate each of this for the Job M-47 add them together to get total cost
Job M-47
material 260
15 labor hours
Direct Labor 15 labour hours x 12 labor rate = 180
MO 15 labour hours x 18 overhead rate = 270
Total Cost materials + labor + manufacturing overhead = 710
Answer:
D. investing in production improvement option B at those production facility locations producing 500 models.