customer satisfaction; earn long-term profits; increased shareholder value
Answer:
1.6 Q1 + 0.875 Q2 = $56
Explanation:
Budget constraint equation represents the total budget allocation to different activities under consideration.
old Budget Constraint
Q1 + Q2 = $56
New Budget Constraint
(Q1)*8/5 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*0.875 = $56
1.6 Q1 + 0.875 Q2 = $56
So best answer made based on data available.
Answer:
7 workers will be required
Explanation:
We will define actual time required to do a job
= Standard time required for producing each unit x Worker efficiency (%)/100
= 11.65 x 115/100
= 13.3975 minutes
Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes
Therefore ,
Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975
Number of units to be produced = 1000 units
Therefore,
Number of workers required
= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days
= 1000 x ( 13.3975 /1920)
= 6.977 ( 7 rounded to nearest whole number )
Answer:
normative control
Explanation:
Normative control refers to using the values that the employees share as standards instead of using policies to influence the desired behaviors. According to this, the answer is that this is an example of normative control because Gary employs people that share certain values and behaviors and these become the standard to perform their jobs.
Answer:
option B
Explanation:
In other to know how return fluctuation can be predicted with for instance, x%, predictability, one has to look at the normal distribution curve of return (average returns) to standard deviation of those returns. (check the attached file for additional details).
Hence, to be 95% sure that investment losses are less than 8% one needs to look at 95% of all returns which infact Mean return plos or minus 20. If the lower bound of this interval is less than 8% then the investment needs to be selected
check attached file for additional details