An important characteristic of purchasing, logistics, and support activities is flexibility.
True or false
Answers
The statement an important characteristic of purchasing, logistics, and support activities is flexibility is: true.
Purchasing, logistics, and support activities require a great deal of flexibility due to the constantly changing nature of business environments. These activities involve sourcing materials, managing inventory levels, and coordinating the movement of goods and services, all of which require quick and effective decision-making to respond to changes in demand, supply, and market conditions.
In addition, these activities often involve coordinating with multiple stakeholders, including suppliers, customers, and internal departments, which further emphasizes the need for flexibility to meet the diverse needs and preferences of these groups. Without flexibility, purchasing, logistics, and support activities can become stagnant and ineffective, leading to delays, inefficiencies, and lost opportunities. Therefore, the ability to adapt and adjust quickly is a critical characteristic for success in these areas.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answers
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
which points of the production possibilities curve show a level of production that would be achievable only through further growth in the company
Answers
The director of a nonprofit ballet company is planning its next fundraising campaign. In recent years, the program has found the given percentages of donors and gift levels. These were used to develop a spreadsheet model to calculate the total amount donated. Use a one-way data table to show how the amount varies based on the number of solicitations.
Answers
By setting up a one-way data table in the spreadsheet model, the director can observe how the total amount donated varies based on different numbers of solicitations for the nonprofit ballet company's fundraising campaign.
To use a one-way data table to show how the amount donated varies based on the number of solicitations, you would set up the spreadsheet model with the following components:
Input Variables: Set up the spreadsheet with the number of solicitations as the input variable. This is the value that will be varied in the data table.
Output Calculation: Create a formula in the spreadsheet that calculates the total amount donated based on the given percentages of donors and gift levels. This formula should reference the input variable (number of solicitations) and any other relevant variables or constants.
Data Table Setup: Set up the data table in the spreadsheet by selecting a range of cells where the results will be displayed. The row input cell would be the input variable (number of solicitations), and the column input cells can be left blank since we are only analyzing the impact of one variable.
Populate Data Table: Input different values for the number of solicitations in the row input cell of the data table. Excel will automatically calculate the corresponding total amount donated based on the formula and input variables.
Analyze Data Table: The data table will display the varying amounts donated corresponding to the different values of solicitations. This allows you to observe how the amount donated changes as the number of solicitations increases or decreases.
By using the one-way data table, the director of the nonprofit ballet company can assess the impact of different solicitation numbers on the total amount donated. This information can help inform the planning and decision-making process for their next fundraising campaign.
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As an upcoming project manager, you are required to write a short paper on the following topic to be delivered at an upcoming project management conference in Gaborone. Projects managers bave existed time in memorial. However, the work of a contemporary project manager is challenged by many issues. Identify five issues that a contemporary manager is likely to face today while implementing projects as opposed to their counterparts in olden times.
Answers
Contemporary project managers face several challenges that differentiate them from their counterparts in the past. Five key issues they are likely to encounter today include increased complexity, globalization, rapid technological advancements, stakeholder management, and changing market demands.
Contemporary project managers face increased complexity compared to their counterparts in the past.
Projects today often involve multiple stakeholders, intricate supply chains, and interconnected systems, requiring managers to navigate complex organizational structures and dynamic environments.
Globalization is another challenge faced by contemporary project managers. Projects are frequently executed across different geographical locations, involving diverse cultures, regulations, and communication challenges.
Managers must possess the skills to effectively collaborate and manage teams across borders.
Rapid technological advancements present both opportunities and challenges for project managers.
The integration of emerging technologies, such as artificial intelligence, internet of things, and big data, requires managers to adapt to new tools, processes, and methodologies to ensure successful project implementation.
Effective stakeholder management is crucial in contemporary project management.
Project managers must engage and align the expectations of various stakeholders, including clients, team members, sponsors, and communities, to ensure project success and maintain positive relationships.
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which best describes par value for a stock? group of answer choices an arbitrary amount set by the company for each share of stock the value of the stock if it is not sold for a premium or discount the current market value of the stock the value at which stock shares were originally issued none of the above
Answers
Par value of a stock is best described by - an arbitrary amount set by the company for each share of stock. The correct answer would be option A.
A single share's par value is determined by the charter of a corporation. It usually has nothing to do with the shares' actual worth. The par value is frequently much lower. The par value is stated on each stock certificate that is issued for shares that are bought. A firm has the option to specify a par value when authorizing shares or not.
When a corporation is established, the articles of incorporation in some states have to provide a par value for its stock. The minimum purchase price for shares of the corporation must be made by all the shareholders as well as the founders. They will be responsible for making up the difference if they pay less.
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he market value of the adelakun corporation just declined by 5 percent. analysts believe this decrease in value was caused by recent legislation passed by congress. which type of risk does this illustrate?
Answers
This scenario illustrates systematic risk, which is also known as market risk.
Systematic risk is the type of risk that affects the overall market or economy and cannot be diversified away.
In this case, the decline in the market value of the Adelakun Corporation was caused by a factor outside of the company's control, which was the recent legislation passed by Congress.
This risk affects all companies in the market and cannot be eliminated through diversification.
Therefore, it is a systematic risk.
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during which stage of team development is high performance not a top priority and attention is devoted to wrapping up the project?
Answers
The "Adjourning" stage is when high performance is not a top priority and attention is devoted to wrapping up the project.
This is the last stage of team development where teams begin to disband and members look to move onto new projects. In this stage, team members have grown accustomed to the project and their roles and have achieved the desired outcomes.
The focus of the Adjourning stage is to provide closure to the team and to ensure all tasks and goals have been met. During this stage, team members may provide feedback to each other and reflect on the team’s accomplishments and challenges.
Acknowledgement and celebration of the project’s completion is encouraged, along with discussions about future opportunities. Team members should also be given time to process and express their feelings about ending the team.
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molly shot 20 baskets in 4 mins.... Nico shot 42 baskets in 6 min.... how many more baskets did nick shoot per min..
Answers
Nico - 42/6
Now, lets do cross multiplication.
20/4 = x/1 42/6 = x/1
4(x) = 20(1) 6(x) = 42(1)
4x=20 6x = 42
4x/4 = 20/4 6x/6 = 42/6
x=5 x=7
Therefore, Nico shot 2 more baskets per minute than Molly.
Which term refers to checks that have been written but not been cashed?
Group of answer choices
direct deposit checks
outstanding checks
cancelled checks
signature checks
Answers
Answer: ill help you
Explanation:
Debt covenants are least likely to place restrictions on the issuer's ability to:
pay dividends.
issue additional debt.
issue additional equity.
restrictions on the issuer's ability to:
Answers
Debt covenants are least likely to place restrictions on the issuer's ability to: issue additional equity. The correct option is C
A. Pay dividends: Debt covenants often restrict an issuer's ability to pay dividends to ensure that the issuer has sufficient cash flow to meet its debt obligations. This protects the interests of the debt holders.
B. Issue additional debt: Debt covenants may also place restrictions on issuing additional debt to maintain the issuer's creditworthiness and ensure that the company does not over-leverage itself, which could negatively impact its ability to meet existing debt obligations.
C. Issue additional equity: In comparison to the other two options, debt covenants are least likely to restrict the issuer's ability to issue additional equity. Issuing equity can help the issuer by bringing in more capital, which can be used to pay off debt or invest in growth.
This typically does not negatively affect the debt holders' interests, and in many cases, it may even enhance the company's ability to meet its debt obligations.
In summary, debt covenants are least likely to place restrictions on the issuer's ability to issue additional equity, as it often benefits the company's overall financial position and helps to protect the interests of debt holders.
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Complete question:
Debt covenants are least likely to place restrictions on the issuer's ability to:
A. pay dividends.
B. issue additional debt.
C. issue additional equity.
The concept overview video assignments are organized ________.
Answers
The concept overview is known to be very wide. The Concept Overview Video assignments are organized by learning objective.
What is a concept overview? This is known as a term that is linked to or known with concepts. It focuses on the definitions or linkage of the concepts of some field of enquiry instead of with the use of facts.Learning objectives are known as objectives that are brief, clear, straight to the point. They are statements of which learners can be able to do at the end of a lesson.
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PLEASE HELP ME WITH THIS PLS PLS PLS
Answers
liquidity ratios measure the ability of the company to survive over a long period of time. group of answer choices true false
Answers
False. While liquidity ratios do measure the company's ability to meet short-term obligations, they do not necessarily indicate its ability to survive over a long period of time.
Other factors such as profitability, debt levels, and market conditions also play a significant role in determining a company's long-term viability.
The statement "liquidity ratios measure the ability of the company to survive over a long period of time" is false. Liquidity ratios primarily assess a company's short-term financial health and its ability to meet its short-term obligations. Examples of liquidity ratios include the current ratio, quick ratio, and cash ratio. These ratios help determine how easily a company can pay off its current liabilities using its current assets. Long-term financial health is typically measured using solvency ratios, which assess the company's ability to meet its long-term debt obligations.
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why does saturn have the coldest surface temp?
Answers
Answer:
distance from the Sun
Explanation:
because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.
PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answers
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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A manager is holding a $1.2 million stock portfolio with a beta of 1.01. She would like to hedge the risk of the portfolio using the S&P 500 stock index futures contract. How many dollars’ worth of the index should she sell in the futures market to minimize the volatility of her position?
Answers
Answer:
the number of dollars should sell in the future market is $1.01 million
Explanation:
The computation of the number of dollars should sell in the future market is given below:
= Portfolio of the stock × beta
= $1 million × 1.01
= $1.01 million
hence, the number of dollars should sell in the future market is $1.01 million
We simply multiplied the two items so that the amount could come
Hence, the same would be relevant
a 4,000.00 principal earns 5% intrest, compound annually. after 4 years, what is the balance in the account jiska
Answers
If a principal of 4,000.00 earns 5% interest, compound yearly, the account balance would be 4862.03. 4 years after.
The interest rate is 5% per year. The relative value of interest will be 1.05 after 4 years.
Multiplying that by the initial funding yields the result 4000 * 1.05 * 4 = 4862.03
The fee paid for the right to borrow money is called interest. In contrast interest to how the interest rate used to calculate interest is typically expressed, which is as an annual percentage rate, interest expense or account balance revenue is frequently expressed as a dollar amount. Interest is the payment a lender or financial organization makes in exchange for interest extending credit. A stockholder's ownership stake in a corporation, which is typically expressed as a percentage, is another account balance definition of interest.
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A store bought a hand-crafted toy chest at a cost of $921. 60 and marked it up 115%. Sebastian bought it and paid 2% sales tax. What was his total cost?.
Answers
The total cost that Sebastian has to pay is $1061.95.
To calculate the markup amount, we can use the formula:
markup = (selling price - cost) / cost.
We know that the markup is 115% and the cost is $921.60.
So we can set up the equation like this:
(selling price - 921.60) / 921.60 = 0.115
To find the selling price, we can solve for it:
selling price = 921.60 + (921.60 × 0.115)
selling price = $1,041.13
Now we have the selling price, we can find out the sales tax by multiplying the selling price with 2%
sales tax = 1,041.13 × 0.02
sales tax = $20.82
So the total cost for Sebastian is the selling price + sales tax
total cost = 1,041.13 + 20.82
total cost = $1,061.95
Therefore the total cost for Sebastian is $1,061.95
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The reorder point in Littlefield was set at 4200 kits initially. The lead time for replenishment was 4 days. Assuming that the daily number of orders (for 60 receivers) placed on the factory is normally distributed with a mean of 12.22 and a standard deviation of 3.41, then the initial reorder point provided a service level less than 99%
The Chick-fil-A fast food restaurant is interested in examining the capacity of a new, mini-restaurant that they have created. The restaurant offers the following menu:
Chicken Sandwich $5.00
Chicken Nuggets $4.50
Large Fry $2.00
Small Fry $1.25
Drink $1.50
Through market research, Chick-fil-A has discovered that 40% of their arriving customers will purchase a sandwich and 40% will purchase nuggets (20% of arriving customers do not purchase any chicken). All customers buy a drink and all customers buy fries, with 1/3 choosing a large fry and 2/3 choosing a small fry.
Chick-fil-A has two people working at the counter who take and fill orders from customers. On average, it takes 20 seconds for one of these counter people to take the customer’s order, get their drink, and get the rest of their meal. There are two people who work in the back room, one cooking fries and the other preparing chicken. The fry cook spends 3 minutes preparing each 2 pound batch of fries. A large fry consists of 1/4 pound of fries, and a small fry consists of 1/8 pound. The chicken preparer spends 10 seconds on each sandwich and 5 seconds on each order of chicken nuggets.
(a) (30 points) What is the capacity of each resource (Counter Help, Fry Cook, and Chicken Preparer), measured in customers per hour?
(b) (20 points) Chick-fil-A is considering the addition of a hand-scooped milk shake onto their menu. The milk shake would sell for $4.00, and would take 30 seconds to prepare for each customer. Chick-fil-A has a corporate policy that customers should be served within 1.5 minutes. In order to adhere to this policy, they are planning to hire a dedicated milk shake maker to work at the facility. Analysis has revealed that both the time between arriving customers and the time to make a milk shake are distributed exponentially. Given the variability, Chick-fil-A has determined that the average throughput time for a milk shake must be no more than 50 seconds in order to consistently meet the 1.5 minute service standard. What is the maximum number of customers/hour who can order a milkshake and still have the average throughput time within the 50 second limit?
Answers
(a) Capacity of Counter Help = 180 customers/hour, Capacity of Fry Cook = 89 customers/hour, Capacity of Chicken Preparer = 200 customers/hour (b) Maximum number of customers per hour for milkshake = 0.00714 or 0.714%
(a) Resource capacity refers to the maximum amount of output that a particular set of resources can produce, whether that be machines, employees, or other inputs. Chick-fil-A restaurant's capacity of each resource is as follows: Capacity of Counter Help (hours):The cycle time for a customer to complete the transaction is calculated as 20 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. The total number of customers that can be served per hour is calculated as: 3600/20 = 180 customers per hour. Capacity of Fry Cook (pounds): The cycle time per batch of fries for the fry cook is calculated as 3 minutes per 2 pounds batch.
The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders 1.33 pounds of fries on average. The number of customers that can be served per hour is calculated as: 3600/(3*60/2*1.33) = 89 customers per hour. Capacity of Chicken Preparer (pieces): The cycle time for a chicken sandwich is calculated as 10 seconds per sandwich. The cycle time for an order of chicken nuggets is calculated as 5 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders one sandwich or one order of chicken nuggets on average. The number of customers that can be served per hour is calculated as: (3600/(10+5)) = 200 customers per hour.
(b) Maximum number of customers per hour who can order a milkshake and still have the average throughput time within the 50 second limit can be calculated using the below formula; Maximum number of customers per hour= 1/(average time per customer) As we know, that average throughput time for a milkshake must be no more than 50 seconds to meet the 1.5 minute service standard. Thus the average time per customer is 50 + 90 (1.5-0.5).Thus the maximum number of customers per hour that can order a milkshake and still have the average throughput time within the 50 second limit is given as: Maximum number of customers per hour = 1/140Maximum number of customers per hour = 0.00714 or 0.714%.
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you need to purchase a case that meets the following criteria:compatible with most form factorsat least two external and internal baysgood balance of size and spacewhich case type should you purchase?
Answers
Based on the given criteria, the case type that one should purchase is a mid-tower case. Mid-tower cases are typically compatible with most form factors, allowing for flexibility in motherboard selection.
They offer a good balance of size and space, providing enough room for components while still maintaining a reasonable footprint. Mid-tower cases often come with at least two external and internal drive bays, allowing you to accommodate multiple storage devices or expansion cards. They are popular choices for both gaming and general-purpose builds due to their versatility and compatibility. With a mid-tower case, you should be able to find a suitable option that meets your requirements for compatibility, external and internal bays, and a good balance of size and space. Make sure to check the specifications and features of different models to ensure they meet your specific needs and preferences.
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Builtrite has calculated the average daily cash flow to be $66,000 with a standard deviation of $6000. The store manager will lose their 3% weekly bonus if the daily cash flow falls in the bottom 8%. What is the daily cash flow amount that would lose the manager their bonus? (Assume a normal distribution.) $56,640 $57,540 $68,550 $75,360
Answers
Builtrite has calculated the average daily cash flow to be $66,000 with a standard deviation of $6000. The store manager will lose their 3% weekly bonus if the daily cash flow falls in the bottom 8%.
What is the daily cash flow amount that would lose the manager their bonus? (Assume a normal distribution.)The formula to find the lower cutoff score of any given percentage, when mean and standard deviation is given is: Lower cutoff = Mean - (Z value x SD), where Z value is the standard normal variate that corresponds to the given percentage (in negative).
Here, mean = $66,000, standard deviation = $6000 and the percentage cutoff = 8%The corresponding z-score for 8% is -1.41 (from standard normal distribution tables)The lower cutoff value = 66000 - (1.41 × 6000) = $56,640Thus, the daily cash flow amount that would lose the manager their bonus is $56,640.Answer: $56,640
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Describe how consumers demand affects the economy
Answers
Answer:
Consumers help determine what goods and services will be produced through their purchasing decisions. I think :)
Explanation:
1993 x 291
guys answer this and whoever gets brainly you have to comment on their stuff.
Lets get a lot of comments in one answer
Answers
Answer:
1993×291
=579963 is the answer
Explanation:
1993
×291
1993
17937×
+3986××
579963
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
Answers
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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A $ par value bond with a oupon rate (semianual interest) matures in years and currently sells for . what is the bond's yield to maturity and bond equivalent yield?
Answers
The bond's yield to maturity can be calculated using the bond's price, coupon rate, time to maturity, and the value of the par value bond. The bond equivalent yield can be calculated by doubling the semiannual yield to maturity.
The yield to maturity (YTM) is the total return anticipated on a bond if it is held until its maturity date. It takes into account the bond's price, coupon rate, time to maturity, and the value of the par value bond. To calculate the YTM, you need to use a financial calculator or a spreadsheet software that has a built-in function for YTM calculation. The formula for YTM is complex and involves iterations, making it difficult to calculate manually.
The bond equivalent yield is a way to compare the yield of bonds with different compounding periods. To calculate the bond equivalent yield, you double the semiannual yield to maturity. Since the coupon rate is stated as a semiannual interest rate, doubling it gives the bond equivalent yield, which is an annualized yield measure.
It is important to note that the values for the bond's coupon rate, time to maturity, and price need to be provided in order to calculate the yield to maturity and bond equivalent yield accurately.
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Suppose that an effective vaccine against malaria were invented, and it's given for free in a country with a high prevalence of malaria. According to the health-income model the introduction of the vaccine will: increase income per capita and health in the country proportionally have a greater proportional effect in income per capita than health in the country have little effect on health and income per capita in the country have a greater proportional effect in health than income per capita in the country Consider an economy that is operating at its steady state. An increase in the investment rate in this economy will lead to: an increase in the growth rate of output in the short run but zero growth in output in the long run. no change in the growth rates of either capital or output in either the short run or the long run, since the economy is already in the steady state. an increase in the growth rate of output in both the short run and long run. an increase in the growth rate of output in the short run but lower overall growth in the long run as a result of increased depreciation.
Answers
The introduction of an effective malaria vaccine in a country with high prevalence will have a greater proportional effect on health than income per capita in the country. However, it is also likely to have some positive impact on income per capita as healthier individuals are likely to be more productive and contribute more to the economy.
An increase in the investment rate in an economy operating at its steady state will lead to an increase in the growth rate of output in both the short and long run. This is because increased investment leads to increased capital accumulation and productivity, which drives economic growth over time. However, there may be some short-term fluctuations and adjustments as the economy adapts to the new investment rate.
According to the health-income model, the introduction of a free and effective malaria vaccine in a country with a high prevalence of malaria will have a greater proportional effect on health than on income per capita in the country. This is because the vaccine will significantly improve the health of the population, which may lead to some increase in income per capita, but the impact on income may not be as substantial as the improvement in health.
In an economy operating at its steady state, an increase in the investment rate will lead to an increase in the growth rate of output in the short run but zero growth in output in the long run. This is because the additional investment will initially boost capital and output growth, but eventually, the economy will reach a new steady state with a higher capital-to-output ratio, where the growth rates of both capital and output return to zero.
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what is our role in taking care of earth? *idk how to start a sentence*
Answers
Answer:
Our earth is a nice place and to keep it nice we need to do these things: and so on
Performance Assessment Task
Jrotc
This performance assessment task gives you an opportunity to document your achievement of the lesson’s competency: Demonstrate proper etiquette in social settings For this performance assessment task, you will complete the Dining-Out scenario. For this assessment you will: Read the following scenario and individually complete the information below. Be prepared to share your answers in class. The same criteria in the scoring guide below can be used to evaluate your performance of proper etiquette and manners at the annual Cadet Ball. Scenario: The annual Dining-Out is in five months. You have been asked to be a member of the Dining-Out committee. The committee plans all aspects of the Dining-Out. Complete this assignment as if you are preparing for the meeting and event. The committee will discuss invitations, table settings, receiving line protocol (guest speaker and other dignitaries), proper dress, protocol for honoring the nation, and thank you notes. 1. Invitations: Create the text for the invitation. Include all pertinent information including dress code and RSVP: Table Setting: On the back of this page, draw a picture of the appropriate table setting for the following menu: Fresh Garden Salad with Dressing Dinner Roll Tomato Soup Beef Tenderloin or Grilled Salmon New York Style Cheesecake with strawberries Iced Tea and water 2. Receiving line and other protocol: a. Who belongs on the line? b. What order should the guests stand in? c. Address the appropriate protocol for honoring the nation. d. Describe how you will greet the guest of honor(s): e. What attire should you wear? 3. Thank you notes: Create a sample thank you note to send to the guest speaker: 4. Explain your role in the annual Cadet Ball as a Year 1 Cadet: 5. Use the attached scoring guide criteria for what you need to do to complete this task. 6. Submit your completed performance assessment task and scoring guide to your instructor for evaluation and a grade.
Answers
The invitation should include the date, time, location, the dress code, RSVP deadline, and any other important relevant information such as the theme of the event.
The invitation text will be like this: You are cordially invited to attend the Annual Dining-Out hosted by the JROTC program. The event will take place on [date] at [time] at [location]. Dress code for the evening is formal attire, which includes a dress uniform or civilian formal wear.
Please RSVP by [RSVP deadline] to [contact information]. We look forward to your presence at this event.
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If any body wants to be doctor ; what else does he need to do?
Answers
Answer:
go to med school
Explanation:
.........
(40%) Consider a firm in a competitive market whose average variable cost function is AVC(y) = 4y2 – 4y + 6 (A) (10%) Derive the firm's variable cost function. (B) (10%) Derive the firm's marginal cost function. (C) (10%) What is the minimum price that the firm will supply a positive quantity in the market? (D) (10%) Plot the firm's short-run supply curve on a figure.
Answers
The resulting supply curve will be upward sloping, reflecting the positive relationship between price and quantity supplied in a competitive market.
Why will be the firm will supply a positive quantity in the market?The firm's variable cost function is given by the formula: \(VC(y) = y * AVC(y).\) Substituting the \(AVC\) function into this formula yields:
\(VC(y) = y * (4y^2 - 4y + 6) = 4y^3 - 4y^2 + 6y\)The firm's marginal cost function can be derived by taking the derivative of the variable cost function with respect to y:\(MC(y) = dVC(y)/dy = 12y^2 - 8y + 6\)The minimum price that the firm will supply a positive quantity in the market is equal to the minimum of the average variable cost function, which occurs at the point where \(AVC'(y) = 0.\) Taking the derivative of \(AVC(y)\) with respect to y, we get:\(AVC'(y) = 8y - 4\)
Setting AVC'(y) = 0 and solving for y, we get:
\(8y - 4 = 0\)
\(y = 0.5\)
Substituting \(y = 0.5\) into \(AVC(y),\) we get:
\(AVC(0.5) = 4(0.5)^2 - 4(0.5) + 6 = 5\)
Therefore, the minimum price that the firm will supply a positive quantity in the market is $5.
To plot the firm's short-run supply curve, we need to determine the quantity of output that the firm will supply at each price level. Since the firm will only produce if the market price is greater than or equal to its minimum supply price of $5, the supply curve will begin at the point \((5, 0)\). At any price above $5, the firm's supply will be equal to the quantity at which its marginal cost equals the market price. Therefore, we can plot the supply curve by graphing the firm's marginal cost function, \(MC(y)\), above the minimum supply price of $5.Learn more about resulting supply
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