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aleksandr82 [10.1K]
3 years ago
7

Put the following steps of the problem solving process in correct order. Question 2 options: Implement the Model Identify what i

s the problem Develop the model / Acquire the data Do the results look right
Business
1 answer:
netineya [11]3 years ago
7 0

Answer:

I. Identify what is the problem

II. Acquire the data

III. Develop the model

IV. Implement the Model.

V. Do the results look right.

Explanation:

The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.

The steps involved in the problem-solving process are;

1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation and all efforts is channeled in the right direction rather than the symptoms.

2. Gathering of information: this helps to consider the options available in solving a problem effectively.

3. Consider your options: this helps to compare the available and viable solutions to the problem.

4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.

Hence, the fundamental steps of the problem solving process in the correct order are;

I. Identify what is the problem

II. Acquire the data

III. Develop the model

IV. Implement the Model.

V. Do the results look right.

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3 years ago
Gross Domestic Product Title: Grantham Copyright - Description: Grantham Copyright 2018Use the data chart to answer the question
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Answer:

1. $ 750

2.  - $ 50

3.   $ 600

4.  $ 600

Explanation:

1. Using the data  GDP = C+I+G+ (X-M)

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4. GDP 2017= $ 750 *80%=  $ 600

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4 years ago
Convertible bondsa. have priority over other indebtedness.b. are usually secured by a first or second mortgage.c. pay interest o
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Answer:

d. may be exchanged for equity securities.

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Convertible bonds

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4 0
3 years ago
Charles Berkle is the manager of Nogain Manufacturing and is interested in doing a cost of quality analysis. The following cost
Georgia [21]

Explanation:

a. The classification is shown below:

Prevention cost: This cost incurred so that the faults, or defects could be minimized as compare to before. It includes the machine maintenance expense i.e $3,000

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Internal failure: This cost is occurred before delivery the product from the factory. It includes  Scrap and rework of $8,600 and Machine breakdown cost of $4,000  

External failure: This cost is occurred after delivery the product. It includes the warranty expense of $21,000, product return due to defects of $6,000 and Estimated lost sales due to poor quality of $5,000

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= (Internal and external failures) ÷ (Sales revenue) × 100

= ($8,600 + $4,000 + $21,000 + $6,000 + $5,000) ÷ ($250,000) × 100

= 17.84%

Below is the attachment for cost of quality report

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3 years ago
Can I get an example of a run on sentence
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