Juan earns a gross pay of $44,500. His employee benefits are 18% of his gross pay. What is the value of his benefits?

If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver

enyata [817]

If the buyer is trying to determine which provider would offer the best value when and where it is needed but does not have a precise and unambiguous description or specification, he or she will typically issue request for proposal (RFP)

What is Request for Proposal?

When a product or service is needed but does not yet exist, a request for proposals (RFP) is used. The proposal may involve conducting research and development to produce the requested good or service.

The RFP establishes the initial requirements for the good or service and may, to varying degrees, dictate the manner and structure of the supplier's response. Effective RFPs frequently reflect business strategy and short- and long-term goals, giving vendors in-depth knowledge from which to offer a complimentary viewpoint.

To learn more about Request for Proposal

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3 0

2 years ago

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t

liubo4ka [24]

Answer:

a) - r=5%: $S=$ 5,136.10$

- r=4%: $S=$ 4,885.61$

- r=3%: $S=$ 4,647.34$

b) - r=5%: t=14 years

- r=4%: t=17 years [/tex]

- r=3%: t=23 years [/tex]

c) The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

Explanation:

The rate of accumulation of money is

$dS/dt=rS$

To calculate the amount of money accumulted in a period, we have to rearrange and integrate:

$\int dS/S=\int rdt=r \int dt\\\\ln(S)=C*r*t\\\\S=C*e^{rt}$

When t=0, S=S₀ (the initial capital).

$S=S_0=Ce^{r*0}=Ce^0=C\\\\C=S_0$

Now we have the equation for the capital in function of time:

$S=S_0e^{rt}$

a) For an initial capital of $4000 and for a period of five years, the amount of capital accumulated for this interest rates is:

- r=5%: $S=4000e^{0.05*5}=4000*e^{0.25}= 5,136.10$

- r=4%: $S=4000e^{0.04*5}=4000*e^{0.20}= 4,885.61$

- r=3%: $S=4000e^{0.03*5}=4000*e^{0.15}= 4,647.34$

b) We can express this as

$S=S_0e^{rt}\\\\2S_0=S_0e^{rt}\\\\2=e^{rt}\\\\ln(2)=rt\\\\t=ln(2)/r$

- r=5%: $t=ln(2)/0.05=14$

- r=4%: $t=ln(2)/0.04=17$

- r=3%: $t=ln(2)/0.03= 23$

c) When the interest is compuonded quarterly, the anual period is divided by 4. In 5 years, there are 4*5=20 periods of capitalization. The annual rate r=0.0525 to calculate the interest is also divided by 4:

$S = 4000 (1+(1/4)(0.0525))^{5*4}=4000(1.013125)^{20}\\\\S=4000*1.297958= 5,191.83$

If compuonded continously, we have:

$S=S_0e^{rt}=4000*e^{0.0525*5}=4000*1.3= 5,200.71$

The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

5 0

3 years ago

The SP Corporation makes 40,000 motors to be used in the production of its sewing machines. The average cost per motor at this l

Yuri [45]

Answer:

c) 108,000 dollars

Explanation:

Buy option:

Purchase: 40,000 motors at 25.15 = 1,006,000

unavoidable fixed cost: 40,000 x 4.60 = 184,000

1,190,000.00

Produce option:

Manufacturing Cost (9.9 + 8.9 + 3.65) x 40,000 = 898,000.00

Fixed cost: 184,000.00

Total Cost 1,082,000.00

Differential: 1,190,000 - 1,082,000.00 = 108,000.00

It is advantageous to continue the production as the unavoidable cost will make the buy option a worse deal

5 0

3 years ago

Jiminy's Cricket Farm issued a 30-year, 6.5 percent semiannual bond 9 years ago. The bond currently sells for 108.5 percent of i

Nutka1998 [239]

Answer:

1 151 million 2 97 million

3 22.785 million 4 20.37 million 5 76.63 million

8 0

3 years ago

Imagine you are a member of the Academy of Management (ACM) and on the steering committee to choose a location for the organizat

Lelechka [254]

Answer:

I will make of use operations management and the addition of marketing expert to the team will create synergy.

Explanation:

Operations management involves adopting best business practices so as to achieve highest level of efficiency.It emphasizes analyzing different options available in a business where each option based on its peculiarities is accorded a rating and the option with the highest is chosen.

Specifically,operations management can be applied to choosing a location for the annual by following the steps below

All possible locations are identified

Each location is rated based on its pros and cons

The rating is computed using weighted average method

The location with highest rating is chosen for the meeting

On the other hand,strategy is achieving more by combining resources much more than it would been possible to achieve individually.The new marketing expert will be able to provide general marketing guidance to the existing members while they complement the expert with business-specific information.

7 0

3 years ago