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3 years ago

_____ oversee the activities of first-line managers.

1 answer:

6 0

<span>Mid-level managers oversee the activities of first-line managers. Mid-level managers are responsible for their department and report to top management. Mid-level managers must make sure that resources are allocated correctly and must invest money in training and development, materials, supplies and technology. They communicate the goals and strategies to first-line managers.</span>

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The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage

Shtirlitz [24]

Answer:

a. Year 6 Forecast = 3,775

b. Mean Absolute Deviation (MAD) = 108.3

c. Year 6 Forecast = 3,780

Explanation:

Given

The miles driven during the past 5 years are as follows

Year 1 -- 3,100

Year 2 --- 4,050

Year 3 --- 3,450

Year 4 ---- 3,750

Year 5 --- 3,800

a. The forecast for year 6 is calculated as follows;

Using a 2 year moving average

Forecast = ½(Year 4 + Year 5)

Forecast = ½(3750 + 3800)

Forecast = ½ * 7550

Forecast = 3,775

b. Calculating the Mean Absolute Deviation (MAD), if two years moving average is used.

------------------------------2 year difference ----- Difference

Year 1 -- 3,100 ------------------------------------------

Year 2 --- 4,050 -----------------------------------------

Year 3 --- 3,450 ---- 3,575 -------- 125

Year 4 ---- 3,750 ---- 3,750 ------ 0

Year 5 --- 3,800 ----- 3,600 ------ 200

The 2-year difference column is calculated using.

Summation of previous 2 years forecast * ½

Year 1 and 2 are empty because they don't have previous 2 years.

For year 3;

2 year difference = ½ (year 1 + year 2)

= ½(3,100 + 4,050)

= ½ (7,150)

= 3,575

For year 4

2 year difference = ½ (year 2 + year 3)

= ½(4,050 + 3,750)

= ½ (7,500)

= 3,750

For year 5:

2 year difference = ½ (year 3 + year 4)

= ½(3,750 + 3,450)

= ½ (7,200)

= 3,600

Mean Absolute Deviation (MAD) = (Summation of Difference)/3

Mean Absolute Deviation (MAD) = (125 + 0 + 200)

Mean Absolute Deviation (MAD) = 325/3

Mean Absolute Deviation (MAD) = 108.3

c. for year 6 using a weighted 2-year moving average with weights of 0.40 and 0.60

For year 5:

Forecast = 0.4 * year 4 + 0.6 * year 5

= 0.4(3,750) + 0.6(3,800)

= 3,780

5 0

3 years ago

Regarding organizational buying, the people who have the power to select or approve the supplier- especially for larger purchase

nadezda [96]

In general, the people who have the power to select or approve the supplier are referred to as the "buyers". Most of the time, buyers want to go with a supplier who can offer the best product at the cheapest price.

8 0

3 years ago

brussels enterprises issues bonds at par dated january 1, 2021, that have a $2,700,000 par value, mature in four years, and pay

Nadusha1986 [10]

The journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

<h3>Journal entry</h3>

1. January 1

Debit Cash $2,700,000

Credit Bonds payable $2,700,000

(To record issuance of bonds for cash)

2. June 30

Debit bond Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record first semiannual interest payment)

December 31

Debit bond Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record second semiannual interest payment)

3. December 31, 2021

Debit Bonds payable $2,700,000

Credit Cash $2,700,000

(To record payment of bonds payable)

Therefore the journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

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6 0

1 year ago

You plan to invest some money in a bank account. Which of the following banks provides you with the highest effective rate of in

Lubov Fominskaja [6]

Answer:

Option (d) , Bank 4 offers the highest amount after a year

Explanation:

The total amount from each of the interest rates can be expressed as;

A=P(1+r/n)^nt

where;

A=Future value of investment

P=Initial value of investment

r=Annual interest rate

n=Number of times the interest is compounded annually

t=number of years of the investment

a). Bank 1

P=x

r=6.1%=6.1/100=0.061

n=1

t=assume number of years=1

replacing;

A=x(1+0.061/1)^(1×1)

A=x(1.061)

A=1.061 x

b). Bank 2

P=x

r=6%=6/100=0.06

n=12

t=1

Replacing;

A=x(1+0.06/12)^(12×1)

A=x(1.005)^12

A=1.0617 x

c). Bank 3

P=x

r=6%=6/100=0.06

n=1

t=1

Replacing;

A=x(1+0.06/1)^(1)

A=1.0600 x

d). Bank 4

P=x

r=6%=6/100=0.06

n=4

t=1

A=x(1+0.06/4)^(4×1)

A=x(1+0.015)^4

A=x(1.061)

A=1.0614 x

e). Bank 5

P=x

r=6%=6/100=0.06

n=365

t=1

A=x(1+0.06/365)^(365×1)

A=1.0618

Option (d) , Bank 4 offers the highest amount after a year

7 0

3 years ago

granted the president and other officials increased power over banks arrowRight established a safety net to assist poverty-stric

Rama09 [41]

Emergency Banking Act granted the president and other officials increased power over banks.

Social Security Administration: it established a safety net to assist poverty-stricken Americans.

National Recovery Administration (NRA): it wrote regulations for fairer labor practices and a fairer market

Civilian Conservation Corps: it employed young men to develop and protect natural resources.

Bank Holidays: it temporarily closed banking operations to prevent further economic damage.

What gave the president the authority to regulate banks?

The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.

What was the Emergency Banking Act of 1933?

The Emergency Banking Act was a federal law passed in 1933. Signed into law by President Franklin D. Roosevelt (D) on March 9, 1933, the act granted the president, the comptroller of the currency, and the secretary of the treasury broader regulatory authority over the nation's banking system.

What does the Civilian Conservation Corps do?

The Emergency Conservation Work Act of 1933 mandated that the Civilian Conservation Corps (CCC) recruit unemployed young men from urban areas to perform conservation work throughout the nation's forests, parks, and fields.

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5 0

2 years ago