Operations management in the service sector has grown more rapidly than the manufacturing sector. Operations management is the implementation aspect of management.
Answer:
the Days sales outstanding is 49 days
Explanation:
The computation of the days sales outstanding is shown below:
Days sales outstanding is
= Average accounts receivable ÷ Credit sales × 365 days
= (($520.2 million + $486.6 million) ÷ 2) ÷ $3,749.9 million × 365 days
= 49 Days
hence, the Days sales outstanding is 49 days
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The term being referred in the item above is called as "Accounts Payable". By the words being used in the term itself, it may be easily determined that this is a liability being owed to the supplier and should be payed in any terms, such as notes, check, or cash.
Answer: 49,010.5263
Explanation: Add 45'000, 4,000, 10,divided by 95%
Answer:
Explanation:
f(x) = (1/(15,000-10,000))/0 (elsewhere) = 1/5000
a. What is the probability that a $12,000 bid will be accepted?
P(10,000 < x < 12,000) = 2000(1/5000) = 0.40
b. What is the probability that a $14,000 bid will be accepted?
P(10,000 < x < 14,000) = 4000(1/5000) = 0.80
c. What amount should you bid to maximize the probability that you get the property?
$14,000 is my answer.
$14000 bid has a higher probability, hence a greater chance of being accepted