Answer:
a. estimate the amount to mitigate high impact and probable issues.
Explanation:
In project management, a contractor can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service.
A contingency is an amount of money which is added to the initial or standard cost estimate so as to cover risk exposure and any uncertainty.
When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.
As a result of uncertainties that are peculiar to everything in life, most especially projects undertaken, it is very important and necessary that the contractor should set aside an amount of money to mitigate or lessen any high impact such as dwindling prices, miscellaneous, faults, repairs and other probable issues that may arise in the process of execution.
Answer:
yes
Explanation:
companies will not yell the truth
Answer:
ROQ will be 32863 gallons
So option (a) will be the correct answer
Explanation:
We have given that company uses 150000 gallons of hydrochloric acid per month
Ordering cost = $150
And the holding cost = $0.5
We know that 1 year = 12 month
So annual demand = 12 ×150000 = 1800000
We have to fond the economic order quantity EOQ
We know that EOQ is give by
So option (a) will be correct answer
Answer:
With reference to the above scenario, "big ideas":
could become the bases of creative and successful advertising campaigns.
Explanation:
- The 1st option is not correct as the statement "big ideas are impossible to develop as they are not applicable to retail chains" is not correct because ideas are required by every company.
- The statement which states that big ideas are only needed in advertising for consumer services is not correct as every industry needs advertising.
- The statement which states that big ideas are typically not the bases for effective advertising campaigns is also incorrect as big ideas are necessary fro effective advertising campaigns.
- Big ideas are not limited to the advertisement of business to business scenario yet they are applicable to every kind of advertisement.
- So the statement which states that big ideas can become the bases of creative and successful advertising campaigns is correct.
Negotiation process is the process by which two or more parties meet to try to reach an agreement regarding conflicting interests.The goal of this process is to <span>reach a settlement that benefits all parties.</span>
A negotiation support system provides support to the negotiation process by increasing the likelihood that an agreement is reached when a zone of agreement exists.
