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LekaFEV [45]
3 years ago
5

The Wallace Company of Houston is a distributor of pipes, valves, and fittings to the refining, chemical, and petrochemical indu

stries The company was a recent winner of the Malcolm Baldrige National Quality Award. One of the steps the company takes to monitor the quality of its distribution process is to send out a survey twice a year to a subset of its current customers, asking the customers to rate the speed of deliv-eries, the accuracy of invoices, and the quality of the pack-aging of the products they have received from Wallace. a. Describe the process studied. b. Describe the variables of interest. c. Describe the sample. d. Describe the inferences of interest. e. What are some of the factors that are likely to affect the reliability of the inferences?
Business
1 answer:
Llana [10]3 years ago
3 0

Factors and distribution systems that are likely to affect the reliability of the inferences are as follows;

A.The Wallace Company distributes pipes, regulators, and fittings to the refinery, industrial, and petrochemical industries.

B. The timeliness of delivery, the correctness of invoicing, and the product packing quality.

C. Send a survey to a subset of existing clients twice a year, asking them to assess the timeliness of delivery, the correctness of invoicing, and the attractiveness of the packing minutes.

D. Gaining knowledge of the distribution chain for pipes, valves, and fittings.

E. Customers who were chosen to get the survey. If this sample does not reflect all of the consumers, the erroneous conclusion might be drawn.

Learn more:

brainly.com/question/15826604?referrer=searchResults

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Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production p
Vlad1618 [11]

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

5 0
3 years ago
The process of generating and choosing from a set of alternatives to solve a problem is called:________a. Intuition. b. Satisfic
MatroZZZ [7]

Answer:

c. Decision Making

Explanation:

In psychology, decision-making is considered a cognitive process that results in the selection of an idea or movement among other alternative or possible options. Each decision-making process, whether or not it results in a move, necessarily provides a final choice. To be defined, decision-making is when the decision-maker determines and selects alternatives based on their preferences and values. Decision making can be seen as a problem solving process that results in a satisfactory solution. Since this process is based on personal and / or publicly known information, the result may be rational or irrational. The performance of people, based on their decisions, has been the subject of research in several ways:

1) Psychological: evaluating people's decisions based on individual needs, preferences and values

2) Mental: decision-making is seen as a continuous process where communication with environmental factors is integrated.

3) Must be (normative): analysis of individual decisions, taking into account decision-making or communicative reasoning, and the constant, unchanging choices caused by these

Intuition - the term used in different meanings in philosophy, mysticism, esotericism and different doctrine systems.

Types of use:

1) In some philosophical trends, the search for the facts that cannot be grasped by reason is considered within the scope of intuition.

2) In spiritism, it is accepted that intuition is manifested by influences stemming from various factors rather than a person's own thought, which is usually a disembodied soul. For this reason, the spiritualists call the intuitive contact to the spiritual contacts in which the notifications containing high information are received.

3) According to gnostics and antiquity initiates, there are three kinds of information in the path of spiritual enlightenment, from which knowledge that can be learned through teaching is called mathesis, knowledge that can be acquired through feeling or suffering, and knowledge that can be learned through intuition is called gnosis. Initiations, the ones who reach the highest stage, that is, those who reach the initiation stage, are informed by transferring the intuition they receive through their surroundings. This initiation of the initiate is represented by the symbolism of the seed becoming a plant in some initiations, and the torch symbol in some initiations.

4) When the intuition called inspiration is reflected in word or writing style, it is called revelation. The word revelation is not only a term used for prophets. The term was known and used before the arrival of Islam in the Arabs.

Satisficing is a concept of decision theory that refers to the strategy that tries to meet the adequacy criteria, rather than finding an optimal solution.  The word satisficing is a neologism (more precisely, a fruit salad) coined by Herbert Simon composed of the English words "satisfy" = satisfaction and "suffice" = sufficiency.  Herbert Simon pointed out that humans lack the cognitive resources to maximize: usually they do not know how likely the various outcomes are, we can rarely evaluate all the results with sufficient precision, and our memory is weak and not very reliable.  A more realistic approach to rationality takes these limitations into account: limited rationality.

Bounded rationality is a concept that is observed in the case of incomplete or asymmetric information and suggests that people behave in a limited rational way instead of behaviors depicted as rational human behaviors in classical economic theory and that these movements do not have full knowledge about the market. Terms such as lemon problem, inverse selection problem, game theory and moral collapse are related to the concepts of limited rationality.

The Learning Orientation scale measures the tendency or habit of striving to increase your knowledge and skills; value the educational process as a means of achieving mastery of the task; be interested in complex activities; and the use of information retrieval as a personal strategy in solving problems.

5 0
3 years ago
Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that
artcher [175]

What  Jimmy should include in the description section of his text ads are:

  • State the  prices, and exclusive offers.
  • Word of Encouragement for  potential customers.
  • State why his  business is unique.

<h3>What is the importance of  text ads ?</h3>

Text ads is been used by a company to promote their business, this usually include the description about their products and services.

In this case,  Jimmy should include word of Encouragement for  potential customers in the description section of his text ads

CHECK THE COMPLETE QUESTION BELOW;

Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that Jimmy should include in the description section of his text ads? (Choose three.)

(A) A mention of prices, promotions, and exclusive offers

(B) Encouraging potential customers to take action

(C) More landing pages to visit

(D) A variety of emoji to catch the attention of potential customers

Learn more about the ads at

brainly.com/question/9655926

#SPJ1

5 0
2 years ago
A nation that has a comparative advantage in producing a good or service compared to
NNADVOKAT [17]

Answer:

Opportunity cost

Explanation:

A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.

So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.

Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.

Thus, lower opportunity cost is the best alternative.

3 0
3 years ago
StartUp Investors, LLC, is a limited liability company without a written operating agreement. Among the members, a dispute arise
ololo11 [35]

Answer:

The answer is a:

distributed according to the members' proportionate shares of ownership in the firm.

Explanation:

A limited liability company (LLC) is a corporate structure, whereby the owners are not personally liable for the company's debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.

LLCs are governed by the rules of the state in which they were formed. State rules provide for the allocation of LLC profit according to each member's percentage of ownership interest.

In this scenario, the written operating agreement does not exist. If a profit allocation arrangement is not outlined in the operating agreement, or the operating agreement is not formed, then the state's default profit allocation rules will apply, requiring profits to be distributed according to their percentage of ownership.

7 0
3 years ago
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