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3 years ago

people on here are tr0lling so I'm giving fr33 points to people who have been tr0lled, have a nice day. :)

Business

2 answers:

eimsori [14]3 years ago

4 0

Answer:

thx

Explanation:

Vanyuwa [196]3 years ago

3 0

Answer:

Thanks!

Explanation:

(and love the pfp!)

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Consider this problem: Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil an

astraxan [27]

Answer:

The maximum time guaranteed = 19.04 minutes.

Explanation:

From the given problem data, we have:

Let Y be the random variable which follows the normal distribution.

So,

Y ~ N(u = 15, SD = 2.4

Where, u = mean and SD = Standard Deviation

Let the maximum time guaranteed is = M

So,

P (Y > M) = 0.05 equation 1

Convert this equation 1 into standard normal variable, that is,

P(Y> M) = 0.05

1 - P(Y $\leq$ M) = 0.05

P(Y $\leq$ M) = 1 - 0.05

P(Y $\leq$ M) = 0.95

P $(\frac{Y-u}{SD} \leq \frac{M-u}{SD} )$ = 0.95

P ( Z $\leq \frac{M - 15}{2.4}$ ) = 0.95 Equation 2

From the equation 2, we have,

$\frac{M-15}{2.4}$ = 1.644853627

1.644853627 value is from using the function of Excel

( =NORSINV(0.95)) = 1.644853627

So,

M = 1.644853627 + 2.4 + 15

M = 19.04

Hence, the maximum time guaranteed = 19.04 minutes.

6 0

3 years ago

Levi owns a store that sells cooking products to end consumers. He has worked with the same supplier for many years and trusts h

zavuch27 [327]

Answer:

modified rebuy

Explanation:

A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.

4 0

4 years ago

Differences between management and leadership include leaders are emotionally involved, whereas managers have low emotional invo

stich3 [128]

Thanks for adding to my knowledge :)

4 0

3 years ago

Read 2 more answers

Faced with constantly changing conditions, why would a firm ever keep any factors fixed? What criteria determine whether a fac

Marrrta [24]

Answer:

On the short run, most factors of production are fixed since both wages and prices are sticky, but on the long run, all the factors of production are variable. So firms cannot decide which factors to keep fixed or not, they simply are fixed or not.

A variable factor of production is one whose input level can change in the short run, e.g. a company can extend working hours from the regular 8 hours a day to 10 hours per day.

A fixed factor is one whose input level cannot be changed in the short run, e.g. it takes several months or even years to build a new production facility, lease contracts usually last 3-5 years.

4 0

3 years ago

What changes can the company/brand expect in the future? how can the company/brand better serve its customers? include informati

Flura [38]

Big corporations usually make plans for the future for as much as 10 years in advance. Threats usually come in the form of changing economy, failing banks, rising tides of political influence, or anything similar. What can be expected can often be seen by analyzing not only the sales data and conducting surveys, but by keeping in mind what is happening on a global level.

4 0

3 years ago

people on here are tr0lling so I'm giving fr33 points to people who have been tr0lled, have a nice day. :)​

people on here are tr0lling so I'm giving fr33 points to people who have been tr0lled, have a nice day. :)