Optimization is the process that describes the choices that businesses make.
The act of finding and applying innovative strategies to increase a company's productivity and profitability is known as "business optimization."
While pursuing the principle of continuous improvement promulgated by the Kaizen Institute in Japan is the ultimate objective, a business optimization project is the first step.
The organization must specify precise objectives as well as measurable targets and goals as part of that initial phase. Any optimization modeling technique must include this critical phase.
The choice of competent staff to manage the process and executive backing are both crucial. For many reasons, employing an internal team of business experts rather than utilizing outside consultants is preferable.
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This means that the original price is 60%, which we will use to calculate it.
299 (the discounted price) : x (the original price) = 60 % : 100 %
60x = 299 * 100
60x = 29900
x = 29900 / 60
<u>x = 498.33
</u><u />The cost of the Ipod is $498.33<u>
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Answer:
So then the best answer for this case would be:
a. 13.6 minutes
Explanation:
For this case we have the following data for the response rates:
17,12,9,16,14
And we want to calculate the mean response time for 911 calls in this village.
And for this case we use we can use the definition of sample mean given by:
Where n = 5 represent the sample size for this case. If we replace we got:
So then the best answer for this case would be:
a. 13.6 minutes
The sample mean is an estimator unbiased of the population mean because:
For this reason is a good statistic if we want to see central tendency in a group of values.
Answer:
C. Interest expense 90
Explanation:
In accrual method of accounting, expenses and revenue is recognised when they are incurred or earned and not necessarily when cash has gone out or come in.
Adjusting entries are used to recognise expenses or revenue at a particular period.
If Mama's pizza borrowed $6,000 in May 2021. Principal and interest is due in October 2021 (that is in 6 months).
The interest for the 2 months May and June will be calculated.
Accrued interest will be
I = principal* rate*time
I= 6,000* 0.09* 2/12
I= $90 for the 2 month period
The answer is Bound tariff
Bound tariff refers to the maximum amount of tariff that a certain nation could impose to other nations for bringing in their products.
For developing countries that relies on high quantity of products for thir exports, this tariff system would be really favorable for them.
