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3 years ago

An income level below that which is needed to support families or households

1 answer:

7 0

It is called Poverty threshold. The poverty thresholds are the first form of the government neediness measure. They are refreshed every year by the Census Bureau. The limits are utilized fundamentally for measurable purposes — for example, getting ready evaluations of the quantity of Americans in destitution every year.

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Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced fr

DENIUS [597]

With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.

a. Mean = 1000

sd = 600

p(1000x 1-25%) - p(1000x 1+25%)

using the z test

d-μ/σ

$p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)$

find values using excel sheet formula

NORMSDIST(0.4167) - NORMSDIST(-0.4167)

=m0.6615 - 0.3385

= 0.3230

<h3>b. The probability that the forecast would be more than 40 percent</h3>

1000x 1+40%

= p(D>1400)

= 1- NormDist(0.667)

= 0.225

c. Cu = 121-72 = 49

Co = 72.50 = 22

The critical ratio calculation

49/22 +49 = 0.6901

Normsinv(0.6901) = 0.496

1000+0.496x600

= 1297

The units that Flextrola has to order is 1297.

<h3>d. The expected sales of Flextrola</h3>

1200-1000/600

= 0.3333

loss function from z = 0.333 is 0.254

600x0.254 = 152. 4

1000-152.4 = 847.6

the expected sales are 847.6

e 1200- 847.6

= 352. 4

The units of inventory that can be sold is 352.4

Read more on inventory here: brainly.com/question/24868116

7 0

1 year ago

Hubert lives in San Diego and runs a business that sells guitars. In an average year, he receives $701,000 from selling guitars.

erica [24]

Answer:

Explicit costs are the monetary costs that a business incurs when it makes a payment, either in the form of wages, or taxes, or to manufacturers, etc.

Implicit costs are the opportunity costs that arise when businesses give up on other options when making a choice. They are not represented by any actual payments.

In this case, we have the following explicit costs:

$420,000 paid to the manufacturer

$247,000 paid in wages and utility bills

And we have the following implicit costs:

$9,000 in rent per year if Hubert rented out the local

$32,000 per year if Hubert worked as a financial advisor

5 0

3 years ago

Match the following:

alexira [117]

Answer:

The match is as follow

1. Posting ⇒ E. Copying data from the journal to the ledger

2. Expense ⇒ A. The cost of operating a business; a decrease in stockholders' equity

3. Debit ⇒ K. Left side of an account

4. Trial Balance ⇒ L. The book of accounts and their balances

5. Equity ⇒ F. Assets - Liabilities

6. Net Income ⇒ G. Revenues - Expenses

7. Receivable ⇒ B. Always an asset

8. Chart of Accounts ⇒ H. Lists all accounts with their balances

9. Payable ⇒ I. Always a liability

10. Journal ⇒ D. Lists a company's accounts and account numbers (no account balances in this item)

11. Normal Balance ⇒ C. Side of an account where increases are recorded

12. Ledger ⇒ J. Record of transactions

4 0

3 years ago

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage

Shtirlitz [24]

Answer:

a. Year 6 Forecast = 3,775

b. Mean Absolute Deviation (MAD) = 108.3

c. Year 6 Forecast = 3,780

Explanation:

Given

The miles driven during the past 5 years are as follows

Year 1 -- 3,100

Year 2 --- 4,050

Year 3 --- 3,450

Year 4 ---- 3,750

Year 5 --- 3,800

a. The forecast for year 6 is calculated as follows;

Using a 2 year moving average

Forecast = ½(Year 4 + Year 5)

Forecast = ½(3750 + 3800)

Forecast = ½ * 7550

Forecast = 3,775

b. Calculating the Mean Absolute Deviation (MAD), if two years moving average is used.

------------------------------2 year difference ----- Difference

Year 1 -- 3,100 ------------------------------------------

Year 2 --- 4,050 -----------------------------------------

Year 3 --- 3,450 ---- 3,575 -------- 125

Year 4 ---- 3,750 ---- 3,750 ------ 0

Year 5 --- 3,800 ----- 3,600 ------ 200

The 2-year difference column is calculated using.

Summation of previous 2 years forecast * ½

Year 1 and 2 are empty because they don't have previous 2 years.

For year 3;

2 year difference = ½ (year 1 + year 2)

= ½(3,100 + 4,050)

= ½ (7,150)

= 3,575

For year 4

2 year difference = ½ (year 2 + year 3)

= ½(4,050 + 3,750)

= ½ (7,500)

= 3,750

For year 5:

2 year difference = ½ (year 3 + year 4)

= ½(3,750 + 3,450)

= ½ (7,200)

= 3,600

Mean Absolute Deviation (MAD) = (Summation of Difference)/3

Mean Absolute Deviation (MAD) = (125 + 0 + 200)

Mean Absolute Deviation (MAD) = 325/3

Mean Absolute Deviation (MAD) = 108.3

c. for year 6 using a weighted 2-year moving average with weights of 0.40 and 0.60

For year 5:

Forecast = 0.4 * year 4 + 0.6 * year 5

= 0.4(3,750) + 0.6(3,800)

= 3,780

5 0

3 years ago

Reuse of large amounts of copyrighted film in a documentary would not constitute a copyright infringement.

KATRIN_1 [288]

Answer:

B. False

Explanation:

I majored in Business

3 0

2 years ago