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mart [117]
3 years ago
14

Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?

Business
1 answer:
Marina86 [1]3 years ago
5 0

Answer:

A decision under uncertainty is a decisional problem.

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Dan​ Jacobs, production manager for​ GreenLife, invested in​ computer-controlled production machinery last year. He purchased th
gayaneshka [121]

Answer:

The pertinent focuses for Dan​ Jacobs choice are referenced beneath.  

  • The new hardware would cost GreenLife $4,500,000  
  • The new hardware would twofold the creation yield of the old apparatus  

The expense of new hardware and the expansion in the creation yield by 100% are the future expenses and incomes and thus they are significant for dynamic.  

The old apparatus is bought previously. Consequently, the price tag of the old apparatus is immaterial for dynamic procedure. Tho director ought to consider the resale estimation of old apparatus in the dynamic. Tho resale estimation of old apparatus ought to be deducted from the expense of new hardware so as to ascertain the net money surge to buy the new apparatus.  

The director ought to set up an expense and advantage examination or ascertain NPV (net present estimation) of the venture (capital planning investigation) to introduce it before the leader of the organization. The extra costs identified with extra creation ought to likewise be thought of. This investigation would support the supervisor and the president in dissecting that whether they should buy the new machine or not.

4 0
3 years ago
Which of the following activities is an example of gathering data by observation?
s344n2d4d5 [400]
From the given options, the activity which exemplifies gathering data by observation is option D: Measuring how many parts workers assemble in an hour. This is the best answer as it uses senses to observe people in naturally occurring situation — according to the definition of observation as a data collection method.
5 0
3 years ago
Read 2 more answers
About 35 percent of online consumers are interested in customizing product features or in purchasing build-to-order products tha
yaroslaw [1]

Answer: (D) Form Utility

Explanation:

  The form utility is one of the type of concept that helps in increasing the actual value of the products in the market and in the form utility following example are the type of finished product that the customers are willing to purchase are as follows:

  • Electronics products
  • Furniture type goods
  • Parts of vehicle

According to the given question, the given situation is helps in demonstrating that the electronic commerce plays an important contribution to the consumers value by the creating of the form utility.

 Therefore, Option (D) is correct answer.        

5 0
3 years ago
LO 7.3Which is not a section of the cash budget?
Bad White [126]

Answer:

allowance for uncollectible accounts

Explanation:

The cash budget represents the cash inflow and cash outflow position with respect of cash receipts and cash payments i.e cash disbursement plus it also involves financing needs i.e how much amount is to be borrowed

But it does not involve the allowance for uncollectible accounts  as it is not shown in the cash budget because it is shown under the debtors side with the negative amount of the balance sheet

Like

Assets

Current Assets

Account receivable                                             XXXXX

Less: Allowance for uncollectible accounts       XXXXX  

Net account receivable                                      XXXXX

8 0
3 years ago
A grocery store manager must decide whether to buy four rug cleaners to rent to customers. The manager estimates that the first
aksik [14]

Answer:

It will purchase three.

Explanation:

the return will be:

income / investment

1ST  rug cleaners:    200/500 = 40% return

2 rug cleaners:   150/500 =  30% return

3 rug cleaners:   75/500 = 15% return

4 rug cleaners:  20/500 =  4% return

As the current market rate is 12% if the forth rug cleaner is pruchased it will not turn out profitable.

7 0
3 years ago
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