Answer:
The qualifications needed for a Logistic Planning and Management career are:
a) research skills and understanding of the product's supply chain
b) critical thinking skills
c) math and reasoning skills
d) knowledge of hazard regulations to provide safety training
Explanation:
Logistic Planning and Management involves planning. Planning requires some level of research skills and understanding of the product's supply chain. Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed. To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed. This makes this skill very important. The manager will also need to measure, analyse, and improvise at any time. This requirements calls for math and reasoning skills as well.
Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.
Answer:
Present value investment = $98.05
Explanation:
given data
present value = $100
time 1 = 6 months = 
= 0.5 year
time 2 = 5 years
time 3 = 10 years
interest rate = 4 % = 0.04
to find out
Present value investment in 6 month for the rate 4 percent
solution
we get here Present value investment by as
Present value investment = present value ÷ 
..............1
put here value and we get
Present value investment = 
solve it we get
Present value investment = 
Present value investment = $98.05
Answer:
Efficiency metrics.
Explanation:
Efficiency metrics is the extent to which a firm is using its resources in an optimal way, getting the most of its resources. Measure the performance of MIS itself, such as throughput, transaction speed, and system availability.
Characteristis:
-Throughput. the amount of information that can travel through a system.
-Transaction spead. the amount of time a system takes to peforme a transaction.
-System availability. the number of hours a system is available.
-Information accuracy. how often a system generates the correct results when doing the same transaction many times.
-Response time. how long it takes to respond to user interactions.
Answer:
3.612%
Explanation:
The computation of portfolio return is shown below:-
Portfolio return = (Return of Y × Weight of Y) + (Return of R × Weight of R)
+ (Return of C × Weight of C)
= (4.40% × 40%) + (4.93% × 40%) + (-0.60% × 40%)
= 1.76% + 1.972% - 0.12%
= 3.612%
Therefore for computing the portfolio return we simply applied the above formula.
Answer:
They can work to decrease their marginal cost.
They can raise prices to increase marginal revenue,
They can keep marginal costs below marginal revenues,
Explanation:
Marginal cost is the additional expense incurred by producing an extra unit. Marginal revenue is the extra profit realized by selling an additional product or service. To maximize profits, firms should stop selling and production activities when the marginal cost equal to marginal revenue. A profit-maximizing firm is profitable when marginal revenue is greater than or equal to marginal cost.
Profit is obtained by deducting expenses from revenue. To increase profits, a firm should put more effort into increasing revenues while minimizing costs. A profit-maximizing firm should, therefore, work hard to decrease marginal cost and improve its marginal revenue.
