• One-pound baby carrots, $0.99
Two pounds baby carrots, $1.89
One-pound full-sized carrots, $0.68
What is the price per pound for each

Answers

Answer 1

Answer:

The price for the one-pound baby carrots will be the same, because it's one pound: $0.99

The price for the two pounds of baby carrots will be $0.945 (rounded to $0.95)

And for the one-pound full-sized carrots, still $0.68, because it is one pound.

Answer 2

Answer:

$0.99

Explanation:


Related Questions

mwakilembe Co.ltd is a micro business which buys and sell toys on 1 January 2020 the company predicted its annual sales to be 1000000 units. Each order would cost the company TZS 80 . The company pays TZS 160 per unit of a product. Estimated inventory carrying costs are 25 percent of inventory value. Establish the EOQ units.

Answers

Answer:

2000

Explanation:

Given:

Annual DEMAND, D = 1,000,000

Holding cost, H = (I * C)

Cost per order, S = 80

Unit cost, C = 160

Holding cost (%) = 25% = 0.25

The Economic order quantity :

EOQ = √[(2 * D * S) / (I * C)]

EOQ = √[(2 * 1000000 * 80) / (0.25 * 160)]

EOQ = √[(160000000) / 40]

EOQ = √4000000

EOQ = 2000

Which country listed has the highest human development ranking?

Which 2 countries listed have very high GDP rankings, but much lower rankings in human development?

Which country has a lower GDP ranking and a lower HDI ranking?

Which country listed has the highest human development ranking? Which 2 countries listed have very high

Answers

Answer:

The answers to all 3 questions are:

1. Norway

2. China and India

3. Afghanistan

Explanation:

Just completed the 2020 Edge Assignment

The country that has the highest Human development Ranking is Norway and the nations that have very high GDP are china and India. The nation having low HDI is Afghanistan.

Waht is Huamn developnet Index ?

The HDI is a measure of human development that involves the human condition and capacity. The United Nations uses this measure to compare the nations of the world on the basis of standards of living, education, and focus on economic growth along with social justice. The top-ranking counties on the scale include Norway.

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Monroe McIntyre has estimated the expected return for Bruehl Industries to be 10.50%. He notes the risk-free rate is 2.10% and the return of the market is 11.40%. Based on this information, he estimates Bruehl's beta to be:_________

Answers

Answer:Based on this information, he estimates Bruehl's beta to be:____0.88___

Explanation:

Following  the  CAPM,Capital Asset Pricing Model formula,  The expected

return on stock  for Bruehl Industries is given as

Expected Return = Risk free Return + Market Risk Premium  X Beta  

or

Expected = Risk free rate + Beta x (Market rate - Risk free rate)

Where

Expected Return =10.50%

Risk free Rate= 2.10%,

Beta=??

market rate=11.40%

Expected = Risk free rate + Beta x (Market rate - Risk free rate)  

10.25 = 2.10 +  Beta ( 11.40- 2.10)

10.25-2.10= Beta (9.30)

8.15%/9.30%= Beta

Beta=0.876 rounded to 0.88

Based on this information, he estimates Bruehl's beta to be:____0.88_____

Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that Schell has conducted further research into its overhead and potential cost drivers. As a result, the company has compiled the following detailed information, breaking total overhead into three cost pools:
Activity Cost Pools Cost Driver Cost Assigned to Pool Quantity/Amount Consumed by Standard Floor Mat Line Quantity/Amount Consumed by
Deluxe Floor Mat Line
Material handling
Number of moves
$
2,300.00
50 moves
50 moves
Quality control
Number of inspections
$
8,763.00
570 inspections
700 inspections
Machine maintenance
Number of machine hours
$
14,360.00
3,090 machine hours
4,090 machine hours
Required :
1. Calculate the activity rates for each cost pool assuming Schell uses an ABC system. (Round your answers to 2 decimal places.)
Activity Rate
Material Handing
Per Material Move
Quality Control
Per Inspection
Maintenance
Per Machine Hourm
2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. (Round your intermediate calculations to 2 decimal places.
Total Overhead Assigned
3. Determine the amount of overhead Schell will assign to the Deluxe product line. (Round your intermediate calculations to 2 decimal places.)
Total Overhead Assigned

Answers

Answer and Explanation:

The computation is shown below:

1. The activity rate for each cost pool is

Material handling ($2,300) ÷ (50 + 50) = $23.00

Quality Control ($8,763) ÷ ($570  + 700) = $6.90

Machine Maintenance ($14,360)  ÷ (3,090 + 4,090) = $2.00

2    

Total overhead assigned to the standard floor mat line is

= $23 × 40 + $6.9 × 570 + $2 × 3,090

= $1,150 + $3,933 + $6,180

= $11,263.00

3    

Total overhead assigned to deluxe product line

= $23 × 50 +  $6.9 × 700 + $2 × 4,090

= $1,150 + $4,830 + $8,180

= $14,160.00

Which employees should be aware of how to turn off power to a shop in an emergency?
Managers
Owners
Contractors
All workers should know how to turn the power off in an emergency.

Answers

Answer:

Last one.

Explanation:

All the workers should know how to turn off the power in an emergency. Just in case there isn't one, there is the other.

of the qbo products and services types, which of the following is considered inventory? a product a company sells and tracks the quantity.

Answers

The product that a company sells and tracks the quantity is considered an inventory item in QuickBooks Online (QBO).

What is an inventory item list?

An inventory list is a detailed and itemized record of everything a business has on hand, whether for sale, use, or both. Raw materials, work-in-progress items, and finished goods can all be included. This type of list aids in understanding item availability as well as what the company sells and has available to sell.

Inventory items are those that your company keeps on hand; for example, if you own an electronics store, you can keep track of how many of a particular television model you have on hand. Non-inventory items are items that are not in stock and must be special ordered or drop-shipped to your customer.

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10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000​

Answers

The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

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OSHA does not cover_____ businesses
Small
Large
Private
Self-employed

Answers

The answer to this question is Self-employed

If lane 1 and 2 permit right turns and you are going to turn right from lane on what lane should you turn into?

Answers

Answer:

you would need to turn into the left lane to be able to take a right turn

Explanation:

Hope this helps

Question 9 options: DO THE MATH: The cost of the basket of goods in 2020 is $420.10. The cost of the baskets of goods in 2021 is $471.98. Round all answers to the nearest tenth. The CPI for 2021 is The inflation rate from 2020 to 2021 is

Answers

The CPI for 2021 is 112.349.

What is CPI?

A consumer price index (CPI) is a price index that measures the cost of a weighted average market basket of consumer goods and services bought by households.

The cost of the basket of goods in 2020 is $420.10 (Ct)

The cost of the baskets of goods in 2021 is $471.98 (C0)

\(\rm CPI = Ct/C0\times100\\ =471.95/420.10\times100\\ = 112.349\)

       

The Consumer Price Index is 112.349, which is calculated by dividing the cost of market basket in current period with the cost of the market basket in the previous period.

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In reviewing activity for july the controller of mathis inc., collected the following data concerning direct materials:

Actual production $103,000 units
Direct materials purchased (actual) $1,642,800
Standard cost of materials purchased $1,554,000
Standard direct materials costs per unit produced 14
Standard price times actual amount of materials used $1,405,950

Required:
Compute the direct materials cost variances.

Answers

Answer:

$36,400 U

Explanation:

Actual costs = $ 1,643,800

Actual inputs at standard price = $ 1,556,500

Price variance = ($ 1,556,500 – $1,643,800)

                       = $87,300 Unfavorable

Actual inputs at standard price = $ 1,408,450

Flexible budget (Standard Allowed for Good Output):

= $14.1 × 103,500

= $1,459,350

Efficiency variance = ($1,459,350 - $1,408,450)

                               = $50,900 Favorable

Direct materials cost variances:

=  Price variance - Efficiency variance

=$87,300 U – $50,900 F

= $36,400 U

Explanation:brainlist pls

Natural monopoly analysis The following graph gives the demand (D) curve for 5G LTE services in the fictional town of Streamship Springs. The graph also shows the marginal revenue (MR) curve, the marginal cost (MC) curve, and the average total cost (ATC) curve for the local 5G LTE company, a natural monopolist. On the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity for this natural monopolist. Which of the following statements are true about this natural monopoly? Check all that apply. The 5G LTE company is experiencing economies of scale. In order for a monopoly to exist in this case, the government must have intervened and created it. The 5G LTE company is experiencing diseconomies of scale. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. True or False: Without government regulation, natural monopolies can earn positive profit in the long run. True False

Answers

The given statement "without government regulation, natural monopolies can earn positive profit in the long run" is false.

The term natural monopoly in economics referred as the market condition where only one firm exists in the market because of barriers to entry.

Here we have given that Natural monopoly analysis The following graph gives the demand (D) curve for 5G LTE services in the fictional town of Steamship Springs.

And we need to find without government regulation, natural monopolies can earn positive profit in the long run.

While we looking into the  definition of natural monopoly, we have identified that the barriers to entry that cause a natural monopoly are economies of scale and ownership of a key natural resource. Here the Government regulation cannot induce entry and exit from the market but can control the market to prevent price discrimination.

Based on these conditions, we have clearly, identified that the Government regulation will cause major impact in natural monopoly.

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QUESTION 1
Technician A says the ECM closes the intake air control valve at low speeds.
Technician B says the ACIS adjusts intake manifold length to maximize emissions.
Who is right?
Select the correct option and click NEXT.
A only
B only
Both A and B
Neither A nor B

Answers

Technician A says the ECM closes the intake air control valve at low speeds. Both A and B are correct. Option C

What is ACIS (Active Control Intake System)?

Generally, In most cases, the E/C/M, which stands for "Engine Control Module," is a computer that manages a variety of systems inside the vehicle. One of these systems is the intake air control va/lv/e, which regulates the quantity of air that is su/cked into the engine.

A system known as the Active Control Intake System (A/CI/S) is a device that modifies the length of the intake man/if/old in order to improve the efficiency of the engine and reduce emissions.

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In which of these do homeowners own BOTH the home and the
land it sits on?

cooperative
timeshare
condominium
townhouse

Answers

Answer:

time share is the answer or townhous

a standard is A.set unit of measurement for a particular purpose

Answers

Explanation:

Units of measurement give standards so that the numbers from our measurements refer to the same thing. Measurement is a process that uses numbers to describe a physical quantity. We can measure how big things are, how warm they are, how heavy they are, and many other features.

Q. In the investment industry, cash management is most likely the responsibility of the:
A. treasurer.
B. general counsel.
C. chief risk officer.​

Answers

Answer:

A. treasurer

Explanation:

Cash management, also known as treasury management, entails collecting and managing cash flow.  In an investment set-up, the treasurer is responsible for cash management. The treasurer has to maintain updated records of all the inflows and outflows arising from an investment.

Cash management is a critical section of an investment. The success of investment has a direct link to how it manages its cash. The treasurer should be familiar with cash management strategies,  cash flow cycles, and other responsibilities associated with cash management.

Jimmy export copra to Australia for A $5000 when exchange rate IS KI= A$0.50 What is the total revenue earn from the export?​

Answers

The total revenue earned from export is 10,000KI.

To calculate the total revenue earned from the export, multiply the amount of copra exported by the exchange rate.

Given:

Amount of copra exported = A$5000

Exchange rate: 1 KI = A$0.50

Total revenue = Amount of copra exported * Exchange rate

Total revenue = A$5000 * KI/A$0.50

Simplifying the expression:

Total revenue = A$5000 / (A$0.50/KI)

To divide by a fraction, we can multiply by its reciprocal:

Total revenue = A$5000 * (KI/A$0.50)

Calculating the product:

Total revenue = 5,000 * 2KI

Total revenue = 10,000KI

Therefore, the total revenue earned from the export of copra to Australia is 10,000KI.

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The complete income acquired from trade is 10,000KI. To work out the absolute income acquired from the product, duplicate how much copra traded by the swapping scale.

Exchange includes the exchange of labor and products starting with one individual or substance then onto the next, frequently in return for cash. Financial experts allude to a framework or organization that permits exchange as a market.

An early type of exchange, trade, saw the immediate trade of labor and products for different merchandise and services,[1] for example exchanging things without the utilization of money.

Current income merchants by and large haggle through a mode of trade, like cash. Subsequently, purchasing can be isolated from selling, or acquiring. The innovation of cash (and letter of credit, paper cash, and non-actual cash) incredibly streamlined and advanced exchange.

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Carlisle Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 557, which was recently completed. Direct materials used cost $6,300. There were 180 direct labour hours worked on this job at a direct labour wage rate of $20 per hour. There were 75 machine hours used on this job. The predetermined overhead rate is $32 per machine hour used. What is the total manufacturing cost of Job 557? Select one: OA. $6,555 OB. $2,400 OC. $3,600 OD. $12,300​

Answers

The total direct labor cost is 180 direct labor hours * $20 per hour = $3,600. The total overhead cost is 75 machine hours * $32 per machine hour = $2,400. So the total manufacturing cost of Job 557 is $6,300 (direct materials) + $3,600 (direct labor) + $2,400 (overhead) = $12,300.

What is an overhead?

Overhead refers to the indirect costs associated with manufacturing a product or providing a service. These expenses are indirect because they cannot be clearly connected to a single unit of goods or service. Overhead expenditures include rent, utilities, insurance, property taxes, and general administrative expenses such as salary for non-production workers. Overhead expenditures are often unrelated to the manufacturing process yet are required for the firm to function. To correctly establish the cost of a product, overhead expenditures must be allocated to the product on some basis, such as machine hours or direct labour hours. This allocation is frequently handled using a predefined overhead rate, which is then utilized to allocate overhead to each task or unit of output.

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A 1990 Naval Aerospace Research Laboratory Study noted that the fixations that occur during a scan require about 18 seconds.
A. True
B. False

Answers

This answer is A. True

Crawford corporation incurred the following transactions.
1. Purchased raw materials on account of $54,900.
2. Raw Materials of $42,500 were requisitioned to the factory, An analysis of the materials requisition slips indicated that $8,400 was classified as an individual.
3. labor costs incurred were $67,100, of which $50,800 pertained to factory wages payable and $16,300 pertained to employer payroll taxes.
4. Time tickets indicated that $54,300 was direct labor and $12,800 was indirect labor.
5. Manufacturing overhead costs incurred on account were $84,300.
6. Depreciation on the company's office building was $8,600.
7, Manufacturing overhead was applied at the rate of 150% of direct labor cost.
8. Goods costing $90,400 were completed and transferred to finished goods.
9. Finished goods costing $82,300 to manufacture were sold on account for $112,700.
Journalize the transactions. (credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Answers

Answer: See explanation and attachment

Explanation:

The journal entry for the transactions incurred by Crawford corporation has been attached.

It should be noted that in (7):

Work In Process Inventory:

= 54300 × 150%

= 54300 × 1.5

= 81450

Check the attachment

Crawford corporation incurred the following transactions. 1. Purchased raw materials on account of $54,900.

At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finished and an additional 6,100 units were started and completed during the period. 1,240 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

Answers

Answer:

7,640 units

Explanation:

Calculation for what the equivalent units produced by the department were Using the weighted average method

First step is to calculate the units Completed & transferred out

Completed & transferred out =6,100+1,230

Completed & transferred out=7,330

Second step is to calculate the EGIP

EGIP= (1,240*25%)

EGIP=310

Now let calculate the equivalent units produced by the department

Equivalent units produced=7,330+310

Equivalent units produced=7,640 units

Therefore Using the weighted average method, the equivalent units produced by the department were:7,640 units

Which scenario is an example of planned cost versus actual cost?

Answers

Answer:

Planned Cost is an Estimation prior to the plans. Planning an election as a Candidate would be accurate due to not having an exact cost until the election ends which then, will be the actual cost.

Now that we have covered market structures and the role of the government, I want you to write a 200-300 word response explaining about what the government could have done differently in at least two of the following crises. What could they have done differently and how could they have either averted or lessened the fall out of these major economic events in the past century? Make sure each topic is its own paragraph.

Now that we have covered market structures and the role of the government, I want you to write a 200-300

Answers

The government could have either averted or lessened the fallout of these major economic events in the past century in the following crises if they have taken the following measures-

The Great Depression: During the Great Depression, the federal government could have done more to help stimulate the economy. For example, they could have provided more public works projects to help create jobs and boost incomes. They also could have increased government spending on infrastructure and transportation projects to help stimulate economic growth. They also could have increased government funding for social services that would have helped those who were most affected by the depression.

The Great Recession of 2008: The federal government could have done more to prevent the Great Recession from happening. They could have regulated the housing and financial markets more closely and monitored financial institutions more closely to prevent risky investments. They also could have provided more oversight and regulation to the banking industry, which would have prevented them from taking on so much risk. Additionally, the government could have provided more assistance to those who were most affected by the recession, such as those who lost their jobs or their homes.

The OPEC Embargo of 1983: The federal government could have taken a more active role in dealing with the OPEC embargo. They could have encouraged the development of alternative sources of energy, such as solar and wind power, to reduce the reliance on oil and other forms of non-renewable energy sources. They also could have implemented policies that would have encouraged the conservation of energy and reduced the oil demand.

1987 - Black Monday: The federal government could have done more to prevent the stock market crash of 1987. They could have increased oversight and regulation of the stock market to prevent large and risky investments. Additionally, they could have provided more access to financial education and advice so that individuals would be more informed when making investments.

The Early 80 Recession: During the early's 80s recession, the federal government could have done more to stimulate the economy. They could have provided more public works projects to help create jobs and boost incomes. They also could have increased government spending on infrastructure and transportation projects to help stimulate economic growth. They also could have increased government funding for social services that would have helped those who were most affected by the recession.

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In Bertrand price competition, the firms decide on the price that they will charge and theconsumers buy from the firm with the lowest price. Another way to think aboutoligopolistic markets is Cournot competition. In this model, the firms decide how much to produce.Consider the following problem: Two firms simultaneously decide how much toproduce. Each firm's factory is capable of producing outputs of 0, 2, 4, or 6. The cost ofproducing each unit is 1. The price that prevails in the market depends on the totaloutput from the two firms. In particular, the price for each unit is given by p = 13 - (q1+q2) where q1 is firm 1's output and q2 is firm 2's output. So, for example, iffirm 1 produces 2 and firm 2 produces 4, the total output is 6 and the market price is 13‐(2+4)=7 per unit. This gives firm 1 revenues of (7)(2)=14; costs of (2)(1)=2; and profits of14‐2=12. Firm 2's revenues are 7(4)=28; its costs are 4; and its profits are 24(a) Specify the strategic form for this game and solve it by iterated deletion of dominatedstrategies. Remember to circle or put a box around your final solution.(b) Suppose that there was only one firm in the market. Perhaps it owns both factories.How much would this monopolist produce to maximize its profits? What would theseprofits be? (Assume that possible levels of production are 0, 2, 4, 6, 8, 10, or 12.)Remember to circle or put a box around both of your answers.

Answers

Firms decide on the price they will charge in the Bertrand price competition model, and customers buy from the business with the lowest price.

Firms determine how much to produce in Cournot's competition. The game between two businesses can be depicted strategically, with each firm's choices serving as its outputs (0, 2, 4, or 6).

The market price is determined by the two businesses' total production, where p = 13 - (q1 + q2). Each firm's earnings may be measured as the difference between its sales and costs.

If there was only one business in the market, it would operate as a monopolist, producing the amount that maximized its profits.

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STEP 5 Use practical examples from BRICK 'n TILE to differentiate between short and long-run costs. (10) TOTAL: [50]​

Answers

BRICK 'n TILE, a hypothetical company, can differentiate between short-run and long-run costs by considering examples such as immediate production costs (short-run) and investment in new production facilities (long-run).

Short-run costs refer to expenses that a company incurs in the immediate period, where some factors of production are fixed and cannot be easily adjusted. In the case of BRICK 'n TILE, short-run costs could include the costs of raw materials, labor, utilities, and maintenance for their existing production facilities. These costs are essential for the day-to-day operations and can be directly linked to the current level of production.

On the other hand, long-run costs encompass expenses that can be adjusted in the long term to adapt to changes in production levels and scale. For BRICK 'n TILE, an example of a long-run cost would be the investment in new production facilities or equipment. If the company decides to expand its operations or increase its capacity, they may need to construct a new manufacturing plant or purchase advanced machinery. These costs are incurred over an extended period and are associated with strategic decisions that affect the company's production capabilities in the long run.

Differentiating between short-run and long-run costs is crucial for effective financial planning and decision-making. Short-run costs help determine the immediate profitability of the company's operations, while long-run costs factor in the potential growth and expansion strategies. Understanding the distinction between these cost categories allows BRICK 'n TILE to make informed decisions regarding short-term production levels and long-term investment in infrastructure and technology.

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Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:

What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?

Answers

The purpose of this research is to examine the service proficiency of OEI and suggest suitable  staffing levels for accommodating a growing clientele of 20 and 30.

1. Arrival Rate for Each Customer:  1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.

What is the managerial report

1. Arrival Rate for Each Customer:  1.25 customers per hour.

Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:

10 customers / 8 hours

= 1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:

1 customer / 3 hours

= 1/3 customers per hour.

3. Travel Time and Waiting Time:

OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.

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explain other three marketing activies that must be carried by ds​

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Gabby works for an online birthday-celebration company. The company’s key business is to receive orders to send birthday cakes, cards, and flowers to people who have their birthdays on particular days. Therefore, the company obviously maintains a huge database of customers and most of their personal details. Gabby’s colleague Marcos uses some of this information to date a few female single customers. Is the behavior of Marcos appropriate per any standards? A. Yes, he was only innocuously dating the female customers. B. Yes, he is not making any business out of the information. C. No, because per the FTC regulations, all personal details of customers should be protected. D. No, because using personal information of the same gender is permissible, but not of the opposite gender.

Answers

C. No, because as per the FTC regulations, all personal details of customers should be protected.

Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston:

Price Quantity Demanded by Business Travelers Quantity Demanded by Vacationers (Dollars)
150 2,100 (Tickets) 1,000 (Tickets)
200 2,000 800
250 1,900 600
300 1,800 400

Required:
a. As the price of tickets rises from $200 to $250, what is the price elasticity of demand for (i) business travelers and (ii)vacationers? (Use the midpoint method in your calculations.)
b. Why might vacationers have a different elasticity from business travelers?

Answers

Answer and Explanation:

a. The computation of the price elasticity of demand is

i. For business travelers

= {(1900  - 2000) ÷ [(1900 + 2000) ÷2]}  ÷  {(250 - 200) ÷ [(200 + 250) ÷ 2]}

= 0.23

ii. For Vacationers

=  {(800 - 600) ÷ [(800 + 600) ÷ 2]} ÷ {(250 - 200) ÷ [(200 + 250)  ÷ 2]}

= 1.29

b. Since the price would increase from $200 to $250 so the price elastiicy of business travelers & vactationers is 0.23 and 1.29 respectively. So the demand for for airline tickets would be more elastic for vacationers as the business travelers would be less senstitive for price change  

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