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baherus [9]
3 years ago
14

Which expressions correctly states the version of the elasticity formula to predict the change in quantity demanded?

Business
1 answer:
VashaNatasha [74]3 years ago
7 0

Answer:

a. percentage  change  in  quantity  demanded  divided  by  percentage  change  in  price  equals  price elasticity of demand

Explanation:

As we know that

The price elasticity of demand shows the relationship between the change or varied in quantity demanded with respect to change or varied in price

Here the change or varied in quantity demanded comes on the numerator side while the change or varied in price comes on the denominator side

So the first option is correct

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b) Two challenges in the team dynamics that make it difficult to support the view that teams are synergistic may be the lack of communication and a very centralized leadership.

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5 0
4 years ago
A process that is considered to be in control measures an ingredient in ounces. Below are the last ten samples (each of size n=5
nikdorinn [45]

Answer:

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Question : A process that is considered to be in control measures an ingredient in ounces. Below are the last ten samples (each of size n=5) taken. The population standard deviation is 1.36. SAMPLE 1 2 3 4 5 6 7 8 9 10 5 6 9 10 9 10 9 12 8 9 8 9 9 8 12 11 9 9 6 10 6 8 5 7 10 8 10 9 4 12 4 7 3 8 8 6 12 10 4 11 5 4 2 9 8 6 8 6 5 7 Using information from the above table: Calculate the standard deviation of the sample means, σ×. Determine the control limits for the mean chart, using A2 and σ× if z=3. Determine the control limits for the range chart. Construct mean (using A2) and range control charts by using information from (ii) and (iii). Comment on your results.

Question : A process that is considered to be in control measures an ingredient in ounces. Below are the last ten samples (each of size n=5) taken. The population standard deviation is 1.36. SAMPLE 1 2 3 4 5 6 7 8 9 10 5 6 9 10 9 10 9 12 8 9 8 9 9 8 12 11 9 9 6 10 6 8 5 7 10 8 10 9 4 12 4 7 3 8 8 6 12 10 4 11 5 4 2 9 8 6 8 6 5 7 Using information from the above table: Calculate the standard deviation of the sample means, σ×. Determine the control limits for the mean chart, using A2 and σ× if z=3. Determine the control limits for the range chart. Construct mean (using A2) and range control charts by using information from (ii) and (iii). Comment on your results.

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Question

Asked Apr 22, 2020

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Question :

A process that is considered to be in control measures an ingredient in ounces. Below are the last ten samples (each of size n=5) taken. The population standard deviation is 1.36.

SAMPLE

1

2

3

4

5

6

7

8

9

10

5

6

9

10

9

10

9

12

8

9

8

9

9

8

12

11

9

9

6

10

6

8

5

7

10

8

10

9

4

12

4

7

3

8

8

6

12

10

4

11

5

4

2

9

8

6

8

6

5

7

Using information from the above table:

Calculate the standard deviation of the sample means, σ×.

Determine the control limits for the mean chart, using A2 and σ× if z=3.

Determine the control limits for the range chart.

Construct mean (using A2) and range control charts by using information from (ii) and (iii).

Comment on your results.

check_circle

Expert Answer

Step 1

Note- We’ll answer the first three subparts of the question since the exact one wasn’t specified. Please submit a new question specifying the one you’d like answered.

Given data,

Samples

Observation

1

2

3

4

5

6

7

8

9

10

1

5

6

9

10

9

10

9

12

8

9

2

8

9

9

8

12

11

9

9

6

10

3

6

8

5

7

10

8

10

9

4

12

4

4

7

3

8

8

6

12

10

4

11

5

5

4

2

9

8

6

8

6

5

7

Step 2

The method of standard deviation is similar to the population standard deviation.

Operations Management homework question answer, step 2, image 1

The standard deviation of the sample mean can be calculated by the following formula.

Operations Management homework question answer, step 2, image 2

On substituting the given value in the formula.

Operations Management homework question answer, step 2, image 3

Hence, the standard deviation for the sample mean is 0.60

Step 3

Ans 2:

(x-bar) is calculated by calculating the average of given numbers in a column and Range is calculated by subtracting the largest value from the smallest value.

Samples

Observation

1

2

3

4

5

6

7

8

9

10

1

5

6

9

10

9

10

9

12

8

9

2

8

9

9

8

12

11

9

9

6

10

3

6

8

5

7

10

8

10

9

4

12

4

4

7

3

8

8

6

12

10

4

11

5

5

4

2

9

8

6

8

6

5

7

5.6

6.8

5.6

8.4

9.4

8.2

9.6

9.2

5.4

9.8

Range R

(8-4)

= 4

(9-4)

= 5

(9-2)

= 7

(10-7)

= 3

(12-8)

= 4

(11-6)

= 5

(12-8)

= 4

(12-6)

= 6

(8-4)

= 4

(12-7)

= 5

...

Explanation:

it is too tough PlZzzzz follow me

8 0
4 years ago
2 Points
Elza [17]

Answer:

C

Explanation:

As unsold items end up being stale and get wasted , it is good for a business to avoid such as much as  possible in order to maximize profit.

The customers buying pattern can easily reveal what they prefer to buy and what they do not buy . This can serve as a guide to the producer in what to sustain or increase producing and what to reduce or eliminate in the production line so as to maximally control the level of waste generated due to outdated or unsold stock.

7 0
3 years ago
Jimmy’s Cricket Farm issued a 30-year, 10 % semiannual bond 7 years ago. The bond currently sells for 108 percent of its face va
Alex Ar [27]

Answer:

9.16% and 5.95%

Explanation:

The attachment is shown below:

Given that,  

Present value = 108% × $1,000 = $1,080

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 10% ÷ 2 = $50

NPER = 30 years  - 7 years × 2 = 46 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 9.16%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 9.16% × ( 1 - 0.35)

= 5.95%

3 0
3 years ago
Sales promotion:
solong [7]

Answer:

e. None of these alternative is correct.

Explanation:

Sales promotion is a pull marketing technique of promoting product by persuading customer to buy the product. It is beneficial technique at maturity stage of product life cycle. Short term stimulas been offered to customer, so that sales can increase, it is also helpful in tackling competition in the market and keep existing customer with the brand. A product can be promoted for limited time with inumerable tactics.

8 0
4 years ago
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