Answer:
Thee jounal entry for January 1 of Messing Company is done below.
Explanation:
3.5% * 4000 = 140
Date Account Titles Dr Cr
Jan 1 Cash $3,860
Credit Card Expense 140
Sales Revenue 4,000
Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.
Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.
Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.
Choosing the right projects
How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.
Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.
Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.
Answer:
Total cost= $60,800
Explanation:
Giving the following information:
For 4,000 units:
Unitary variable cost= $8
Unitary fixed cost= $5
<u>First, we need to calculate the total fixed cost:</u>
Total fixed cost= 5*4,000= $20,000
<u>Now, we can determine the total cost for 5,100 units:</u>
Total cost= 5,100*8 + 20,000
Total cost= $60,800
<span>n/2 = average number of items to search.
Or more precisely (n+1)/2
I could just assert that the answer is n/2, but instead I'll prove it. Since each item has the same probability of being searched for, I'll simulate performing n searches on a list of n items and then calculate the average length of the searches. So I'll have 1 search with a length of 1, another search looks at 2, next search is 3, and so forth and so on until I have the nth search looking at n items. The total number of items looked at for those n searches will be:
1 + 2 + 3 + 4 + ... + n
Now if you want to find the sum of numbers from 1 to n, the formula turns out to be n(n+1)/2
And of course, the average will be that sum divided by n. So we have (n(n+1)/2)/n = (n+1)/2 = n/2 + 1/2
Most people will ignore that constant figure of 1/2 and simply say that if you're doing a linear search of an unsorted list, on average, you'll have to look at half of the list.</span>
Answer:
The correct answer is letter "C": lumber mill.
Explanation:
Job orders are forms that are given to workers that typically represent a third party to a company so they can perform a specific work. Besides, the job order includes the time expected for the worker to finish the job, the estimated wage charged, the materials needed to perform the job, and the number of employees necessary.
<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.