Question Completion:
Figures in thousands (000):
Product Segment Capacity Next Round
Dug Core 1200
Dune Core 1450
Beetle Core 1040
Bat Core 1050
New Core 100
Adam Core 1200
Answer:
Chester Company
Competitive Intelligence Report:
Based on the increased 10% capacity, the industry can produce 6,644 units.
Explanation:
a) Data and Calculations:
Product Segment Capacity Next Round Increased Capacity (1.1)
Dug Core 1,200 1,320
Dune Core 1,450 1,595
Beetle Core 1,040 1,144
Bat Core 1,050 1,155
New Core 100 110
Adam Core 1,200 1,320
Total 6,040 6,644
b) Each of the core segment products can be increased by the increased capacity factor of 1.10 (1 + i), where "i" is the rate of capacity increase. Alternatively, the total capacity in the current period can be increased by the increased capacity factor. Either way, produces the same result of an increased capacity of 6,644 units that the industry can produce. The result also shows that the options provided in the question are not correct. They must have been based on other assumptions.
5x5x5= 5^3
That's 5 to the third power.
Hope this helps! :)
Answer:
The answer is;
Deviation is the difference between the observed value of a quantity and the true value, residual is the difference between the observed value of a quantity and the mean of the observed values
Explanation:
The error of an observed value is the deviation of the observed value from the true value of a quantity of interest (for example, a population mean).
The residual of an observed value is the difference between the observed value and the estimated value of the quantity of interest (for example, a sample mean)
