Answer:
The correct word for the blank space is: general contractor.
Explanation:
A general contractor is in charge of the everyday supervision of the activities within a construction. The general contractor achieves this by organizing all the employees within the construction, providing them with all the necessary tools and legal permits to perform their duties. General contractors are also in charge of the communication of information to all relevant individuals involved in the construction.
Forecasting Methods
Financial analysts utilize four basic types of forecasting techniques to project future sales, costs, and investment costs for a company. Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.
Main Content
You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).
In six months, you wish to have 50 units in stock (ending inventory = EI) and have decided that you want to lower the average inventory level of various goods, including this one.
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The standard deviation should decrease because there is now a lower probability of the more extreme outcomes. The expected rate of return on the auto stock is now
<h3>How is the variance calculated?</h3>
[0.3 × (–8%)] + [.4 × 5%] + [.3 × 18\%] = 5%[.3×(–8%)]+[.4×5%]+[.3×18%] = 5%
The variance is
[.3× (–8 – 5
] + [.4× (5 – 5] + [.3×(18 – 5] = 101.4
The standard deviation is √101.4 = 10.07 percent, which is lower than the value assuming equal probabilities of each scenario.
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Answer:
Bid price = N96,000
Explanation:
<em>Mark up is profit expressed as a percentage of cost. Bid price will be equal to the manufacturing cost plus the mark up profit.</em>
Bid price is the total manufacturing cost + (20% of the manufacturing cost )
<em>Manufacturing cost = D. materials cost + D. Labour cost + Manufacturing Overheads</em>
Manufacturing cost= 40,000 + (500 × $20 ) + ( 500× $60)
= 80000
Bid price = 80,000 + (20% × 80,000)
= N96,000
