Answer:
d. Design utilization is 66%.
Explanation:
If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:
Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.
Answer:
C. General public
Explanation:
General public refers to people who are not part of any particular group but usually have an effect in an organization's ability to meet its objective. It refers to people of the society. With the New York city Marathon attracting a viewership of 300 million people worldwide and over 1 million fans in attendance, Cape Sky by sponsoring the events intends to gain advertisement to this general public.
Answer:
a. Sansa: 5 daggers per week
Arya: 10 daggers per week
b. Sansa's opportunity cost of making a dagger: 2 shields
Arya's opportunity cost of making a dagger: 3 shields
c. Sansa
d. Arya
Explanation:
a. The maximum number of products made in a week is determined by dividing their weekly time capacity with the time demanded for each piece. So, to determine Sansa's maximum number, just divide 30 hrs / 6 hrs = 5. The same applies for Arya and shields too.
b. The opportunity cost is determined as the missed benefit when Sansa/Arya opts for one product. So, when Sansa chooses to dedicate 6 hours of her working time to make a dagger, she misses the benefits of having 2 shields, as she was able to make 2 shields for the same time frame (6 hours). The same applies for Arya.
c. Comparative advantage is determined by comparing the opportunity costs associated with each product and competitor. Since Sansa's opportunity cost in making daggers is lower than Arya's (2 shields compared to 3 shields), Sansa has a comparative advantage over Arya in making daggers.
d. Absolute advantage is determined as the ability of an individual to produce the same (or greater) number of output than the competitor, given the same time frame. It is evident that Arya has an absolute advantage over Sansa, as she can create more shields and daggers than her in the same time frame (30 hrs).
Answer:
The net present value for each option is given below.
(1) $70,000 cash immediately
NPV = 70,000 * 1 = $ 70,000
(2) $24,000 cash immediately and a six-period annuity of $8,100 beginning one year from today, or
NPV = (24,000*1) + (8,100 *(1-((1+7%)^-6)/7%)) = $ 62,609
(3) a six-period annuity of $14,500 beginning one year from today
NPV = (14,500 *(1-((1+7%)^-6)/7%)) = $ 69,115