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3 years ago

Outsourcing (Make-or-Buy) Decision

Business

1 answer:

ivann1987 [24]3 years ago

7 0

Answer:

If the company makes the units, it will save $7,000 per period.

Explanation:

Giving the following information:

Make in-house:

Number of units= 16,000

Variable cost per unit= $22

<u>Avoidable fixed cost per unit= $3</u>

Buy:

Number of units= 16,000

Buying price= $27

Rent= $25,000

<u>First, we will determine the total cost of each option:</u>

Make:

Total cost= 16,000*(22 + 3)= $400,000

Buy:

Total cost= 16,000*27 - 25,000= $407,000

If the company makes the units, it will save $7,000 per period.

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West Virginia has one of the highest divorce rates in the nation, with an annual rate of approximately 5 divorces per 1000 peopl

liubo4ka [24]

Answer:

Kindly check explanation

Explanation:

Given the data:

x___ f(x)

10__ 0.05

20__0.10

30__0.10

40__0.20

50__0.35

60__0.20

a. Is this probability distribution valid?

Yes

Σf(x) = (0.05 + 0.10 + 0.10 + 0.20 + 0.35 + 0.20) = 1

0≤f(x)≤1

b. What is the probability MCC will obtain more than 30 new clients

X = 40 + x = 50 + x = 60

0.20 + 0.35 + 0.20 = 0.75

c. What is the probability MCC will obtain fewer than 20 new clients

x = 10

f(x) = f(10) = 0.05

d)Compute the expected value and variance of x.

Expected value (E(x)) :

Σ(x * f(x))

= (10*0.05) + (20*0.1) + (30*0.1) + (40*0.2) + (50*0.35) + (60*0.2)

= 43

Σ(x * E(x))² * f(x)

= (10 - 43)^2 * 0.05 + (20 - 43)^2 * 0.1 + (30 - 43)^2 * 0.1 + (40 - 43)^2 * 0.2+ (50 - 43)^2 * 0.35 + (60 - 43)^2 * 0.2

= 201

3 0

4 years ago

Arktec manufacturing must choose between the following two capacity options:

Svetlanka [38]

Answer:

See below

Explanation:

A. The cost for each for each option;

•If demand level is 25,000 units per year

Option 1 = $500,000 + ($2 × 25,000 unit

= $500,000 + $50,000

= $550,000

Option 2 = $100,000 + ($10 × 25,000 units)

= $100,000 + $250,000

= $350,000

• If the demand level is 75,000 units per year

Option 1 = $500,000 + ($2 × 75,000 units)

= $500,000 + $150,000

= $650,000

Option 2 = $100,000 + ($10 × 75,000 units)

= $100,000 + $750,000

= $850,000

B. As the volume level increases, option 1 will be better since the variable cost is lower. As the volume decreases, option 2 will be better as the fixed cost is lower.

C. The indifference point

= Differential fixed cost/Differential variable cost per unit

= [$500,000 - $100,000]/[$10 -$2]

= $400,000/$8

= 50,000 units

5 0

3 years ago

If money is paid when a change of ownership in a life insurance policy takes place, this is generally known as a ____________.a.

valina [46]

Answer:

The correct answer is A

Explanation:

Transfer of value is the term which is defined or described as the rule that stipulate when any interest in the policy or the life insurance policy is transferred for something of value such as property and money. A portion of the death advantage is subject to be taxed on the ordinary income.

So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.

6 0

3 years ago

Present an example where data mining is crucial to the success of a business. What data mining functions does this business need

Kitty [74]

Answer:

Data mining refers to the ability of an organization to extract relevant information for a large reservoir of data that belong to its users for the purpose of increasing service/product efficiency.

One example of a company that requires data mining for the success of its business is Amazon. Amazon is categorized by many as an online retail giant. Their Customer-Centric approach to doing business is enhanced by their ability to leverage off historical data to reduce the time spent on resolving customer queries and/or complaints.

Generally, there are four basic data mining functions. They are:

Prediction Function: This function allows for the owner to spot patterns in behavior and use this as a yardstick to predict for forecast other variables that will enable the increment in the quality of value offered/delivered.
Function Description: This functionality highlights attributes of a set of data in the database
Classification Function: This is very close to Function Description only that in this case, it helps in the creation of a model that describes the class or concept of data.
Association Function: This functionality highlights the relationship between data

The above functions cannot be carried out by data query processing or simple statistical analysis because data mining involves the identification of patterns and relationships using algorithms whilst data query refers to the issuance of instructions in search of specific results.

Cheers

7 0

3 years ago

Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 y

Andru [333]

In 8 years, Dania Corporation's sales would be $936.33 million.

Solution:

Since last year sales = $525 million,

Let last year be Year 0

So, in year 0 = $525 million.

Sales grow = 7.5% per year,

Year 1,

525 x 1.075 = $564.375 million.

Year 2,

564.375 x 1.075 = $606.7 million

Year 3,

606.7 x 1.075 = $652.2 million

Year 4

652.2 x 1.075 = $701.12 million

Year 5

701.12 x 1.075 = $753.7 million

Year 6

753.7 x 1.075 = $810.23 million

Year 7

810.23 x 1.075 = $871 million

Finally in year 8

871 x 1.075 = $936.33 million

To learn more about sales visit:

brainly.com/question/14253274

#SPJ4

3 0

2 years ago