When the world price for a product is below the Canadian price, Canada will experience:
A. domestic shortageB. more importsWhat happens when world price decreases?When a country opens up to trading, the price of an item becomes the world price which is determined by world supply and demand.
For import good, the price falls to world price, which makes consumers better off. The domestic producers are worse off because the lower price leans less profits. Also, the domestic production of the good falls.
For export item, the domestic price will rises to the world price, which makes consumers worse off. The domestic producers are better off because the higher price leans higher profits.
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An economy in the steady state has a marginal product of capital of 9 percent, a rate of depreciation of 3 percent, a population growth rate n of 1 percent, and rate of technological progress of g = 1 percent. According to the text, this economy could _____ in order to achieve the Golden Rule capital per effective worker.
The economy could invest 34.78% of its output per effective worker in capital per effective worker to achieve the Golden Rule capital per effective worker.
Golden Rule Capital:The Golden Rule capital per effective worker is the level of capital per effective worker that maximizes consumption over time. It is the level of capital per effective worker that allows for the highest possible consumption in every period of time.To achieve this, the economy must increase its investment in capital per effective worker.
This investment will increase the productivity of the economy, allowing for more output to be produced for every unit of labor input.
As the productivity of the economy increases, the economy will be able to produce more goods and services, which will lead to higher consumption levels over time.In order to calculate the level of investment required to achieve the Golden Rule capital per effective worker, we need to use the following formula:
k* = (1/3 + n + g) / (1 + n) * y
Where : k* = the level of capital per effective worker that maximizes consumption over time
y = output per effective worker
k = capital per effective worker
n = population growth rate
t = technological progress rate
g = marginal product of capital - rate of depreciation
Given the values of the marginal product of capital (g) = 9%, the rate of depreciation = 3%, the population growth rate (n) = 1%, and the rate of technological progress (t) = 1%, we can calculate the level of investment required to achieve the Golden Rule capital per effective worker as:
k* = (1/3 + 0.01 + 0.01) / (1 + 0.01) * y
k* = 0.3478 * y
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Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
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Terryis interested in the effect of the introduction of a minimum wage in the Netherlands and applies a Difference-in-Difference design using Belgium as a control group. He has data for 2 consecutive years, where in the first year there was no minimum wage in both the Netherlands and Belgium, and in the second year in the Netherlands a minimum wage was applied, but not in Belgium. In order to estimate the effect of the minimum wage on employment, he estimates the following regression model:
, where denotes treatment status (country dummy, 1 if the Netherlands, and 0 if Belgium), denotes the time period (0 for the first period, 1 for the second period), and denotes the interaction between treatment status and time.
The output is as follows:
Variable Coefficient
-0.06
0.02
-0.03
Constant 0.78
What was the employment rate in Belgium in the second period on basis of this estimation?
a. 0.74.
b. 0.8.
c. 0.72.
d. 0.69.
The employment rate in Belgium in the second period, based on this estimation, is 0.74.
The given regression model is used to estimate the effect of the minimum wage on employment, using a Difference-in-Difference design with Belgium as the control group. The coefficients in the model represent the relationship between the variables.
In the regression model, the coefficient for the interaction term (treatment status and time) is -0.03. This coefficient represents the differential effect of the minimum wage on employment between the Netherlands and Belgium.
To calculate the employment rate in Belgium in the second period, we need to focus on the coefficient for the time period (denoted as 1 for the second period). The coefficient for the time period is 0.02. This coefficient represents the average effect of time on employment, assuming there is no treatment (minimum wage) applied.
Since Belgium is the control group where no minimum wage was applied, the coefficient for the time period (0.02) can be interpreted as the employment rate in Belgium in the second period. Therefore, the employment rate in Belgium in the second period is estimated to be 0.02, which is equivalent to 0.74 after rounding.
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You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.
Answer:
3.2%
Explanation:
this is an ordinary annuity:
future value of an ordinary annuity = annual payment x future value annuity factor
$366,000 = $11,000 x future value annuity factor
future value annuity factor = $366,000 / $11,000 = 33.2727
you can solve this in two ways:
the first is with a lot of math work in order to solve the following equation
33.2727 = [(1 + i)²³ - 1] / i
or
you can use an annuity calculator (available online) which will yield 3.2%
How does M&S keep existing customers happy?
Answer:
Im not sure
Explanation:
the production benchmarks on p. 6 of each issue of the footwear industry report:_____.
The production benchmarks on p. 6 of each issue of the footwear industry report: provide solid evidence of whether a company's total production costs of branded footwear are low enough to enable the company to be attractively profitable. Thus the correct option is D.
What is an industry Report?An industry report, also known as a document or statement, identifies the major problems or developments in any business and enables readers to understand the internal and external variables affecting that industry.
The presented instance involves a report on the footwear industry. They require careful consideration since they allow business managers to determine if particular parts of the production process at their company's production facilities are competitive with the increased production.
Therefore, option D is appropriate.
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The complete question is Probably
The production benchmarks data on p. 6 of each issue of the Footwear Industry Report a. provide solid evidence of whether a company is managing its total compensation, workforce productivity, production labor costs, total production costs and reject rates as cost- efficiently as rival companies. b. are more useful to the managers of companies striving to compete successfully by selling below-average quality footwear at below-average prices. c. are most useful to the managers of companies that are pursuing a strategy to produce and market top quality branded footwear sold at well above-average prices. d. provide solid evidence of whether a company's total production costs of branded footwear are low enough to enable the company to be attractively profitable. e. are less useful than the branded operating benchmarks shown on p. 7 of the Footwear Industry Report.
suggest any 5 methods by which the condition of technical education can be improved
Answer:
Acknowledge and address overcrowding.
Make funding schools a priority.
Address the school-to-prison pipeline.
Raise standards for teachers.
Put classroom-running and curriculum-building decisions in the hands of the community.
Explanation:
Technology can be utilized to improve teaching and learning and help our students be successful. ... Through the use of learning management systems (LMS) students can access online resources to get assistance on demand beyond the physical reach of their teacher. Technology can also extend education in another way.
assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.
Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.
Celestial Insurance hires college graduates and prepares them for management careers. The human resource professionals who prepare the programs that teach leadership and business management to these employees are involved in which HR function?
Answer:
Development
Explanation: A P E X
The human resources profession are involve in development function of the employees.
The Human resources personnel is saddled with responsibility of overseeing process of recruitment, interview, and hire of new staff.
In every company, the Human resources personnel serves as a link between the management and its employees.
After the recruitment process of hiring an applicant, the HR Personnel also provide them with lectures on Leadership and Business management which will help them in their career development.
Therefore, in conclusion, the role performed by the HR personnel is known as Development function in the company.
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When the United States spends money on education, does this cause the nation's GDP to grow or decline?
Answer:
the gdp of the united states stays the same because the money the put into it is the tax payers money
Explanation:
In for peny, in for a pound , taking care of the rands and cents
Answer:
l don't understand the question you ask
Please help me with this question!
After the first child is born, a couple decides to open an educational account to save for college funding. On the market it is said some mutual funds can achieve 10% APR long-term performance. Thus the couple starts saving $5,000 each year (EOY, end-of-year, deposit) and places in the selected portfolios (earning 10% interest). Finally the couple gives the child the savings passport on the 18th birthday after the 18th $5,000 deposit. How much will be there in the account? Please show steps, thank you!
By depositing $5,000 at the end of each year into a portfolio earning 10% APR, the couple will have approximately $207,853.14 in the educational account by the child's 18th birthday.
To calculate the final amount in the educational account, we can use the formula for the future value of a series of deposits.
Given: Annual deposit (EOY): $5,000
Interest rate: 10% APR
Using the formula for future value of a series of deposits:
FV = P * ((1 + r)^n - 1) / r
Where:
FV = Future value (final amount in the account)
P = Annual deposit
r = Interest rate per period
n = Number of periods
In this case, the deposits are made at the end of each year, so the interest rate per period is the same as the annual interest rate.
Substituting the values into the formula:
FV = $5,000 * ((1 + 0.10)^18 - 1) / 0.10
Calculating the expression within the parentheses first:
(1 + 0.10)^18 = 6.7275
Now, substitute the result back into the formula:
FV = $5,000 * (6.7275 - 1) / 0.10
FV ≈ $207,853.14
Therefore, by the child's 18th birthday, there will be approximately $207,853.14 in the educational account based on the annual deposits of $5,000 and an annual interest rate of 10%.
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Six sigma's target for perfection is the achievement of no more than _____ defects or errors per million opportunities.
Six sigma's target for perfection is the achievement of no more than 4 defects or errors per million opportunities.
The idea of first-rate at source suggests that the person who does the paintings should take obligations making sure conformance excellent of his or her output.
Six Sigma is a technique that offers corporations equipment to improve the capability of their business methods. This increase in overall performance and reduce in technique variation helps result in defect reduction and improvement in profits, employee morale, and excellent of services or products.
Six Sigma performance produces a defect-loose product 99.99966% of the time; permitting the most effective 3.4 errors per a million possibilities. 10 programs might need to be corrected for the duration of the whole 12 months.
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Mohave Corp. is considering eliminating a product from its Sand Trap line of beach umbrellas. This collection is aimed at people who spend time on the beach or have an outdoor patio near the beach. Two products, the Indigo and Verde umbrellas, have impressive sales. However, sales for the Azul model have been dismal.
Mohave’s information related to the Sand Trap line is shown below.
Segmented Income Statement for Mohave’s
Sand Trap Beach Umbrella Products
Indigo Verde Azul Total
Sales revenue $ 60,000 $ 60,000 $30,000 $ 150,000
Variable costs 34,000 31,000 26,000 91,000
Contribution margin $26,000 29,000 4,000 $ 59,000
Less: Direct Fixed costs 1,900 2,500 2,000 6,400
Segment margin 24,100 $26,500 $ 2,000 $ 52,600
Common fixed costs* 17,840 17,840 8,920 44,600
Net operating income (loss) $6,260 $8,660 $(6,920) $ 8,000
*Allocated based on total sales dollars.
Mohave has determined that eliminating the Azul model would cause sales of the Indigo and Verde models to increase by 10 percent and 15 percent, respectively. Variable costs for these two models would increase proportionately. Although the direct fixed costs could be eliminated, the common fixed costs are unavoidable. The common fixed costs would be redistributed to the remaining two products.
Required:
a. Complete the table given below, if Mohave Corp drops the Azul line.
b. Will Mohave’s net operating income increase or decrease if the Azul model is eliminated? By how much?
Mohave Corp. is considering eliminating a product from its Sand Trap line of beach umbrellas. This collection is aimed at people who spend time on the beach or have an outdoor patio near the beach. Two products, the Indigo and Verde umbrellas, have impressive sales.
a. If Mohave Corp drops the Azul line, the table would look like this:
Segmented Income Statement for Mohave’s
Sand Trap Beach Umbrella Products
Indigo Verde Total
Sales revenue $ 66,000 $ 69,000 $ 135,000
Variable costs 37,400 35,650 73,050
Contribution margin $28,600 $33,350 $ 61,950
Less: Direct Fixed costs 1,900 2,500 4,400
Segment margin $26,700 $30,850 $ 57,550
Common fixed costs* 19,213 19,213 38,426
Net operating income (loss) $7,487 $11,637 $ 19,124
b. Mohave's net operating income would increase by $12,044 if the Azul model is eliminated.
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Sales tax is collected by the _____________ and paid to the _____________. A government, seller B buyer, government C seller, government
Answer:
Sales tax is collected by the seller, and paid to the government .
Explanation:
Please Help!
1. The Pascal family: Both Mr. and Mrs. Pascal have been hired by a major employer in your town. They have been pre-approved for a loan of up to $300,000 and have enough cash to make a 20% down payment. They have steady incomes and hope to put down roots. Single family home, 3 beds and 2.5 baths.
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
2. The Harris family: They are a few years out of college and have been hired to teach school through the Teach for America program. Their contract is for one year. They have a little savings of about $1,200 in the bank. They are both fitness enthusiasts and love to ride bikes, play tennis and jog. Apartment with $800-$1000 monthly rent
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
3. The Middleburg family: They are looking to retire in your town to be closer to their grandchildren. They have $255,000 from the sale of their previous home to buy a house outright for a minimum $200,000. Mrs. Middleburg has neuropathy and may eventually need a wheelchair. Mr. Middleburg has a heart condition that needs to be monitored. Single story 3 beds, 2 bath “accessible” home. $200,000 - $250,000 range
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
Answer:
You should go to redfin.com and search a house that meets their needs I’m not sure if that’s the correct way to do the assignment but that’s how I did it
Explanation:
The pascal family of Mr. and Mrs. paschal have employed a major employ a man in the town. They have ales approved a loan of 300,000 and have enough cash to make a down payment.
The home listing URL is blog.hubspot.com. The home is big and located near the central business district. It is a good fit as it has all the available and necessary sites within one hour of reach. The harries family is a few years out of college and has been hired to teach in a school. They have contracts for one-year duration and have some savings of $1,200. They love to ride bikes and play tennis. Give a rent of 800-1000 USD. For them home would be a place that is far away from the downtown has cheap and affordable transportation and is not crowded. The middle burgs family is looking for retirement. The want to live close to their grandchildren. They have a $255,000 form sale and are used to wheelchairs. They need a home that is near the city and is near the medical care.Learn more about the Pascal family: Both Mr. and Mrs. Pascal have been.
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INTRODUCTION: Portion-controlled cuts are ready-to-cook meats cut according to customer's specifications. Steaks and chops are ordered either by weight per steak or by thickness. Portion-controlled cuts require the least work for the cook of all meat cuts. They are also the most expensive per pound of all categories of cuts.Why are portion-controlled meats so widely used in food service, even though their per-pound cost is higher?Describe the difference between purchasing primal cuts and portion-controlled cuts.
Portion-controlled meats are widely used in food service because they offer convenience, consistency, and reduced waste. Although they have a higher per-pound cost, the benefits often outweigh the expense.
First, convenience is a significant factor. Portion-controlled cuts are ready-to-cook, saving time and labor for chefs and kitchen staff. This allows for faster preparation and service, which can enhance customer satisfaction and increase turnover rates in restaurants.
Second, consistency is crucial in food service. Portion-controlled cuts ensure that each customer receives a uniform size and weight of meat, contributing to consistent presentation and taste. This helps maintain a restaurant's reputation for quality and reliability.
Finally, reduced waste is an essential consideration. By ordering portion-controlled cuts, food service establishments can better manage inventory and minimize food waste, as the precise portions make it easier to track and use the product efficiently. This can lead to cost savings over time, even though the initial cost is higher.
In contrast, purchasing primal cuts requires more skill and labor to process in-house. Although primal cuts may have a lower per-pound cost, the additional time, effort, and potential inconsistency can offset the savings. Therefore, many food service establishments choose to use portion-controlled cuts for their efficiency, consistency, and waste reduction benefits.
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Which is the most common type of precipitation?
Answer: Rain.
Explanation:
Bill Nye.
Answer: Rain
Explanation:
1. Customer relations is often used interchangeably with the term?
Answer:
There are several terms used to refer to customer service: customer relations, customer care, etc., but the ones that are the most often used interchangeably are customer support and customer service. Many people don’t think about the difference between customer service and customer support.
Explanation:
hope this helps :))
Sarah started working this year. She is single with no children and hasn't earned much money. Money has been taken out of each paycheck for federal taxes. To see if she gets a refund from the IRS, what should Sarah do?
In United states, the Form 1040 are used by U.S. taxpayers to file an annual income tax return, hence, it should be filled by Sarah to gets a refund from the IRS, if there is any.
What is a tax refund?This refers to the reimbursement made to the taxpayers who have overpaid their taxes often due to having employers withholding too much from paychecks.
An example of an Income tax refund is when the excess tax paid by the taxpayer is refunded back by the Income Tax Department. E.g. Tax payable = $10,000 but paid $15,000, the tax return will equals $5,000.
Here, the case is different because there are no excess tax remittance, hence, the claim for tax refund is baseless.
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Which statement is true concerning unrecognized profits in intra-entity inventory sales when an investor uses the equity method? Multiple Choice The investor and investee make reciprocal entries to defer and recognize inventory profits. The same adjustments are made for upstream and downstream sales. Different adjustments are made for upstream and downstream sales. U No adjustments are necessary. Adjustments will be made only when profits are known upon sale to outsiders.
The correct answer is: The investor and investee make reciprocal entries to defer and recognize inventory profits.
When an investor uses the equity method, unrecognized profits in intra-entity inventory sales are deferred and recognized through reciprocal entries made by both the investor and investee. This applies to both upstream and downstream sales, and adjustments are necessary even if the profits are not known upon sale to outsiders. Therefore, option A is the true statement concerning unrecognized profits in intra-entity inventory sales when an investor uses the equity method. The correct statement concerning unrecognized profits in intra-entity inventory sales when an investor uses the equity method is: Different adjustments are made for upstream and downstream sales. Upstream sales refer to sales from the investee to the investor, while downstream sales are from the investor to the investee. The adjustments for these sales are different because the investor's share of the investee's profits must be considered. Adjustments are made to defer and recognize inventory profits to ensure accurate reporting of financial results, and they will be made only when profits are known upon sale to outsiders.
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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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Select the correct answer. Which of these is an essential element of a formal email? A. sender's website B. date line C. subject line D. sender's home address
Answer:
The answer is C.
Explanation:
Email is an electronic method of sending mail to a friend, family, colleague, business partners, suppliers etc.
According to this question, the essential element of a formal email is Subject line(option C). The subject line give us the clue of what will be in the body of the mail. The subject line is like the title or the headline.
Option A is not correct because it is not usually in the mail. And this is the reason for the other incorrect options too.
Answer:
The answer is C
Explanation:
in the context of systems theory, _____ are the products and services that organizations create.
In the context of systems theory, "outputs" are the products and services that organizations create. This theory emphasizes the interconnectedness and interdependence of elements within a system, where inputs are transformed through processes to generate outputs, such as products and services.
Products and services are the tangible and intangible outputs that organizations create in order to fulfill their goals and meet the needs of their customers. These products and services are seen as essential components of the larger organizational system, and are designed and developed in a way that supports the overall functioning of the system. In this sense, products and services are not just individual offerings, but are interconnected elements of a larger organizational structure that work together to create value for stakeholders.
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A personal identification number(PIN) is used to protect: A checks B deposit slips C debit cards D check registers
Answer:
If there is an all of the above option click that but if not hit D: Check registers
Hope this helps!
5 advantages of under development
Nobody wants to live in a developing country. It is therefore subpar.
Being the country with the most recently constructed industries has a benefit, too, and that benefit frequently comes from being an underdeveloped country. For instance, the majority of the steel plants in the United States were constructed before the start of World War II, while South Korea's steel sector was developed decades later. The Korean steel plants were more cost-effective and able to undercut the price of American steel because they made use of new technologies. U.S. steel plants eventually had to shut down due to their lack of competitiveness.
Similar to this, China had a cost advantage due to its cheap wages because it was undeveloped when it opened up to the global market under Deng. In recent years, as its economy has grown, its wages have increased.
how is planning done and why is it important
Answer:
Planning helps us decide how best to use our resources (people, time, money, information, equipment) so that they make the most significant contribution to achieving our goal. Planning lays the basis for us to assess and evaluate our achievements effectively.
Explanation:
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new england radiology (ner) serves a number of local hospitals with providing a full range of imaging services and differentiates itself by providing personalized high-touch patient care. on their site in andover ma, they operates one mri scanner, two x-ray imaging systems, and two ct scanners. staff is dedicated to its individual unit and is trained to operate only one of the above systems. ner is open 5 days a week, 52 weeks per year, between 8am and 6pm all patients arrive to the reception where they are registered by two clerks. after registration, patients proceed to the common waiting room waiting to be called in for the imaging or scanning service. ner wants to determine its staffing levels for reception clerks for next week. to do this, they first need a forecast for the average number of patients that will need radiology services. they have historical data for the past few weeks in the table below. which type of forecasting method uses only historical data: causal, qualitative, time series, or simulation? please create a 4-period moving average forecast for weekly demand. then compute the measure of error that is most appropriate when the cost of forecast error is proportional to its size. what is the estimate of demand for next week? week demand forecast error absolute error 1 100 2 95 3 102 4 101 5 97 6 103 7 96 8 sme tom 2002 - integration module 2 fall 2020 page 2 of 8 in addition to providing radiology services, ner provides the annual flu vaccine shots for patients. ner could purchase flu vaccines in bulk at a price of $10 per vaccine and the average reimbursement from patient insurance companies was $75 per vaccine. for safety reasons, the company outsourced disposal of excess vaccines at a cost of $5 per vaccine. historically, the average number of flu vaccines provided was 1,200 with a standard deviation of 80. q7. what is the cost per vaccine of exceeding the number of vaccines required? q8. what is the cost per vaccine of not having enough vaccines? q9. how many vaccines should you order?
The method of forecasting that uses only historical data is time series. The 4-period moving average forecast for next week's demand is 99.25. The cost of overestimating is $65, and the cost of underestimating is $750. The recommended number of vaccines to order is 1,223.
A 4-period moving average forecast for weekly demand can be computed by adding the demand for the previous four weeks and dividing it by four. The measure of error that is most appropriate when the cost of forecast error is proportional to its size is the mean absolute deviation (MAD), which is calculated by taking the absolute value of the forecast error for each week, adding them up, and dividing by the number of weeks.
Using the data provided, the 4-period moving average forecast for next week's demand would be (97 + 103 + 96 + 101) / 4 = 99.25. The MAD is (5 + 6 + 3 + 2) / 4 = 4, so the estimate of demand for next week is expected to be within plus or minus four patients.
To answer the flu vaccine questions:
The cost per vaccine exceeding the number of vaccines required is $5 (the cost of outsourcing the disposal of excess vaccines).
The cost per vaccine of not having enough vaccines is $65 ($75 reimbursement minus $10 cost per vaccine).
Based on historical data, the average number of flu vaccines provided is 1,200 with a standard deviation of 80. Using a safety stock of 1.65 (corresponding to a 95% service level), the recommended number of vaccines to order would be (1,200 + 1.65 * 80) - 1,200 = 132.
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Predatory pricing is Group of answer choices an illegal attempt to eliminate competition by temporarily lowering prices to drive out competitors a legal attempt to eliminate competition by temporarily lowering prices to drive out competitors a legal attempt to eliminate competition by dividing up a geographic location with another firm without competing against each other an illegal attempt to eliminate competition by dividing up a geographic location with another
It is necessary for the antitrust authorities to take action against firms that engage in this practice. In conclusion, predatory pricing is an illegal attempt to eliminate competition by temporarily lowering prices to drive out competitors.
Predatory pricing is an illegal attempt to eliminate competition by temporarily lowering prices to drive out competitors. It is a strategy used by a firm to eliminate competition by setting a very low price for its products or services to drive out other competitors in the market. The firm aims to increase its market share by lowering the prices below the cost it takes to produce, thereby making it difficult for the competitors to sustain themselves. Predatory pricing is considered illegal by the antitrust authorities since it violates the fair competition laws. It is because it creates an unfair advantage for the firm that practices this strategy over other competitors.
The goal of predatory pricing is to eliminate competition by driving out other firms from the market. This will give the firm a monopoly position in the market, which will allow it to raise its prices and earn higher profits. Predatory pricing harms the consumers by reducing competition and increasing prices in the long run. Therefore, It is necessary for the antitrust authorities to take action against firms that engage in this practice.
In conclusion, predatory pricing is an illegal attempt to eliminate competition by temporarily lowering prices to drive out competitors.
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Mr. Jones "was driving his car and was involved in a crash that was his fault. " One of his legs was broken in the collision. Two people in the other car were also injured. Mr. Smith, the owner of the other vehicle, and Mrs. Smith were both hospitalized. The medical Mr. Jones Insurance Coverage expenses for Mr. Smith were $24,000 and Mrs. Smith's were $26,000. Mr. Jones' medical expenses were $850. It cost $8,500 to repair Mr. Jones' vehicle. Mr. Smith's car was declared a total loss with an actual cash value of $22,500. Using the information on the right,1. Mr. Jones' insurance company will pay $_____of Mr. Smith's medical bill under his_______coverage. 2. The insurance company will also pay $______on Mrs. Smith's medical bill. 3. These expenses will be paid through Mr. Jones'_______insurance. 4. Mr. Jones will have to pay $_______of these medical bills. 5. Mr. Jones'______insurance will $_______to repair his car. However, he will be responsible for the $2506. The coverage will pay $_______to repair Mr. Smith's vehicle
Mr. Jones' insurance company will pay $24,000 towards Mr. Smith's medical bill, $26,000 towards Mrs. Smith's medical bill, and $5,994 to repair Mr. Jones' car. However, Mr. Jones will still have to pay $850 of his medical expenses and $2,506 towards his car repair.
1. Mr. Jones' insurance company will pay $24,000 of Mr. Smith's medical bill under his liability coverage. This coverage is meant to compensate for injuries or damages caused to others by the insured. In this case, since the crash was Mr. Jones' fault, his insurance company will cover Mr. Smith's medical expenses up to the policy limit of $24,000.
2. The insurance company will also pay $26,000 on Mrs. Smith's medical bill. Similarly, since Mrs. Smith was injured in the crash caused by Mr. Jones, his insurance company will cover her medical expenses up to the policy limit of $26,000.
3. These expenses will be paid through Mr. Jones' liability insurance. Liability insurance is designed to protect the insured person from financial loss if they are held responsible for causing injury or damage to others.
4. Mr. Jones will have to pay $850 of these medical bills. This amount represents his own medical expenses that are not covered by his insurance policy. Mr. Jones is responsible for paying this portion out of his own pocket.
5. Mr. Jones' collision insurance will pay $8,500 to repair his car. Collision insurance covers damage to the insured person's vehicle in the event of a collision, regardless of who is at fault. However, he will be responsible for the $2,506 deductible. This means that Mr. Jones needs to pay $2,506 towards the repair cost, and his insurance will cover the remaining $8,500 - $2,506 = $5,994.
Mr. Jones' insurance company will pay $24,000 towards Mr. Smith's medical bill, $26,000 towards Mrs. Smith's medical bill, and $5,994 to repair Mr. Jones' car. However, Mr. Jones will still have to pay $850 of his medical expenses and $2,506 towards his car repair.
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Transcribed image text: MANAGEMENT AT WORK After he finishes celebrating with his team, the general manager of the World Series champions is going to do a SWOT analysis to determine his strategy for the upcoming season. Help him figure out how he should classify the following information. Which of the following factors should be classified as a threat for the team? A number of free-agent outfielders are available to sign by the team this year. Many of them have better statistics than the current team members. Several of the team's players have had extraordinary seasons, but now some of them are not playing as well as they did when they were younger. The team's starting pitchers are exceptionally strong and young and can potentially keep the current champions at the top of the league for years to come. During the off-season, another team in the league signed players whose skills matched or exceeded those of the current champions. Given all of the factors listed in the preceding question, what strategy would make the most sense for the championship team as it prepares for the upcoming season? Assume that as the players age, they will continue to produce at their current levels. Keep the team intact and do not hire any new players because the team was good enough to win the World Series. Sign a free-agent outfielder to bolster the current roster and sign the young pitchers to long-term contracts. Trade the team's younger pitchers to another team for minor-league prospects who aren't ready for the major league.
1. The issue of age is something that is beyond the control of the organization, and it is an external factor that is difficult to deal with, as the aging of the people cannot be stopped. Option (b) is correct.
2. The existing players are getting older, and as a result, they have to be replaced by younger players. Option (c) is correct.
What is SWOT analysis?In the SWOT analysis, the threats and the opportunities are external to the business organization, and it is very difficult for the organization to control them. On the other hand, the strength and weaknesses are internal to the organization and can be controlled.
The plan of action which makes the most sense in terms of the Championship teams as it prepares for the upcoming season is that sign a free-agent fielder to bolster the current roster and also signed the young attributes to a long-term contract.
Therefore, Options (b) and (c) are correct, respectively.
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