Answer:
Initiation
Explanation:
The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced. You'll also hire your project team, setup the Project Office and review the project, to gain approval to begin the next phase
Answer: 0.125
Explanation:
The information given in the question can be depicted below as:
z(50%) = (50% - 26%) / 12% = 2
z (50/100) = (50/100 - 26/100)/12/100 = 2
z(0.5) = (0.5 - 0.26) / 0.12 = 2
z(0.5) = (0.24)/0.12 = 2
P(p > 0.5) = P(z > 2)
Based on the analysis done, we can note that 75% of the data will be found in 2 std of mean and this will bring about (25%/2) = 12.5% in each tail and we will then use Chebyshev's emperical rule which will give:
= (1.00 - 0.75)/2
= 0.25 / 2
= 0.125
Answer:
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service.
IN SIMPLE WORDS:
A utility is an important service such as water, electricity, or gas that is provided for everyone, and that everyone pays for. ... public utilities such as gas, electricity and phones.
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Answer:
Consists of goods being manufactured that are incomplete.
Consists of materials to be used in the production process.
Answer:
d. work with technical personnel.
Explanation:
In the given scenario a manufacturer is making a new buy from a seller. This is a risky investment for the buyer because of uncertainty on how the product will perform and lack of technical know-how in operating the product.
The buyer therefore will require the seller to act as a consultant in case of issues arising from the use of the product, buying decision will take a long time because the buyer will want a good fit for their operations, and more work will be done with technical personnel to train them on how to use the product