<span>While
the new helmets
decrease the probability of a serious head injury resulting
from a bike accident, they also incentivize cyclists to ride less safely, which
could
increase the number of bike accidents and thus head injuries to cyclists
</span>
<span>Although the new helmets reduce the
probability of head injuries, such an outcome changes the incentives of
cyclists by making them less cautious</span>
Answer:
d. They coordinate dosely with suppliers and service providers to reduce customer wait times.
Explanation:
Companies that use agile style of operations focus on incremental delivery of service, continual planning, team collaboration, and continuous learning.
This gives the company the ability of responding quickly to market changes by coordinating closely with suppliers and service providers to reduce customer wait times.
Clothes Unlimited is an example of an agile company that integrates agility into their supply chains. The company employs regular small-batch deliveries to all of its stores twice a week and uses real-time data to assess customer preferences
Answer:
The answer is E.
Explanation:
Total payment from customers is:
$537,400 + $737,500
= $1,274,900
Weighted average delay from customer A is:
($537,400/$1,274,900) x 3
=1.26 days
Weighted average delay from customer B is:
($737,500/$1,274,900) x 1
=0.58 day
Therefore, total weighted average delay is:
1.26 days + 0.58 day
=1.84days
Answer:
C) supplier selection
Explanation:
The five stages of the business buying decision process are:
- Awareness and recognition: someone at the company identifies the need for a purchase.
- Specification and research: a detailed specification about what product is needed, quantity and technical requirements is elaborated. Using this information you start to search for potential vendors or suppliers that can offer the product.
- Request for proposals: vendors are contacted and you request them to send you their proposals regarding the products that you are looking for.
- Evaluation of proposals: the buying team must evaluate the proposals received form the potential vendors and select the most appropriate one.
- Order and review process: Price ans selling terms are negotiated, he order is placed and finally the products received are controlled to check that they meet the specifications.
Answer:
Warranty repair Expense (Dr.) $200
Warranty Payable (Dr.) $200
Explanation:
The warranty expense is the estimate of probable expense that will incur due to fault in the product. The estimated repair is the 4% of skates sold. If 500 pairs of skates are sold then out of them 4% will require repair. The repair for the faulty skates will cost $10. The total cost will be $200,
500 pairs of skates * 4% * $10
