The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is
.
The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is
.
The z-score that yields a p-value of 0.3375 is -0.4193.
Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.
Therefore, super discount airlines should overbook the flight by 25 seats.
The correct answer is D. Socializing can actually increase productivity.
Although socializing outside of work can be productive for the work
itself later on, socializing in the workplace can deter you from working
and can ultimately be bad for the company. If you're always running
around form office to office having fun and not working you're not doing
your company a favor.
Answer:
It allows them to let companies know that they do not want them to share certain information with third parties.
Explanation:
Answer:
The correct answer is option C.
Explanation:
It is assumed that initially the workers in both shoe as well as computer industry are earning the same wage rate. Now, with the reduction in trade barriers there is an increase in the import demand for shoes.
This further causes domestic prices of shoes to fall. We know that supply and price are directly related, so the domestic supply of shoes will decline as well. As firms produce less shoes, they will need less workers. This causes demand for labor to decline.
At the same time demand for computers by foreign consumers increases contributing to an increase in its price. This will cause an increase in the supply of computers. The firms will need more workers to produce more. As a result demand for labor in computer industry will increase.
Answer:
direct labor hour 25.72
Explanation:
16.79 + 15% taxes + vacation and HI 6,41
16.79 + 16.79 x 15% + 6.41
16.79 + 2.5185 + 6.41 = 25.7185 = 25.72
<u>Notes:</u>
The assignment state the payroll taxes only apply to the basic direct labor rate, so we should assume the fringe benefit are tax-exempt
