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Vlad [161]
2 years ago
6

An organizational decision maker assesses conditions of certainty, uncertainty, and risk during the process of a. determining th

e decision type. b. evaluating alternatives. c. stating the situational goal. d. identifying the problem. e. generating alternatives.
Business
1 answer:
Alchen [17]2 years ago
4 0

Answer:

b. evaluating alternatives

Explanation:

Decision making process involves identifying a problem, defining the decision criteria, determining the decision type, generating alternatives, evaluating and selecting the best possible alternative,

A problem is defined when a gap exists between actual and desired state. Next step is to identify the organizational criteria upon which decisions would be based.

Third step is to weigh pros and cons of the criteria in light of the situation. Next step is to generate alternatives and options which are available.

In the next step, all the available options are weighed w.r.t organizational criteria, which is the evaluation stage.

The last step is the selection of the most feasible alternative and it's implementation.

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A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to
ddd [48]
TRUE. A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to test its contingency plans
3 0
2 years ago
Letang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $265,00
const2013 [10]

Answer:

System A EAC = -$137,679.01

System B EAC = -$127,558.81

Explanation:

Denote i = discount rate = 8%; n= number of compounding period

For system A, the after tax cost of operation is 73,000 x (1-21%) = 57,670

- NPV of system A = -265,000 - [ 57,670/8%] / [ 1 - (1+8%)^-4] = -$456,010.3549

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-456,010.3549 x 8%) / ( 1 - 1.08^-4) = -$137,679.01

For system B, the after tax cost of operation is 67,000 x (1-21%) = 52,930

- NPV of system B = -345,000 - [ 52,930/8%] / [ 1 - (1+8%)^-6] = -$589,689.0206

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-589,689.0206 x 8%) / ( 1 - 1.08^-6) = -$127,558.81

4 0
2 years ago
When offered a choice between two sodas and 11 pizza slices or 14 sodas and three pizza slices, Nami replies that she would be e
dimaraw [331]

Answer:

Nami's indifferent in 3 points that lie on the different curve, the three poits

that are mentions are -

1. Point C - 5 soda and 6 pizza slices

2. Pont E - 2 soda and 11 pizza slices

3. Point F - 14 soda and 3 pizza slices.

Do check the graph,

In which x-axis is for pizza slices and Y-axis is for soda counts. The all three points are represented as E -( 2, 11), C - (5, 6), and F - ( 14, 3).

5 0
2 years ago
Stanford Corporation has four categories of overhead. The expected overhead costs for each category for next year are as follows
aliina [53]

Answer:

Results are below.

Explanation:

a)

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,325,000 / 20,000

Predetermined manufacturing overhead rate= $116.25 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH=  116.25*375

Allocated MOH= $43,493.75

<u>b)</u>

Total cost= 5,000 + 7,500 + 43,493.75

Total cost= $55,993.75

<u>c)</u>

Selling price= 55,993.75*1.3

Selling price= $72,791.88

<u>d)</u>

<u>First, we need to calculate the activities rate:</u>

<u></u>

Maintenance= 210,000 / 10,000= $21 per machine hour

Materials handling= 90,000 / 2,000= $45 per material move

Setups= 75,000 / 100= $750 per setup

Inspection= 150,000 / 4,000= $37.5 per inspection

Now, we can allocate overhead:

Maintenance= 21*150= 3,150

Materials handling= 45*4= 180

Setups= 750*2= 1,500

Inspection= 37.5*3= 112.5

Total allocated costs= $4,942.5

8 0
1 year ago
On the island of Mabera, the local money is called "favoli." The price of every good in Mabera is expressed as the number of fav
tatuchka [14]

<u>Answer:</u>

The correct option is Unit of account

<u>Explanation:</u>

One of the functions of money is Unit of accounts in economics. The worth of an object is measured in a distinct currency. One of the downfalls of unit of account is that it is regarded as the steady unit of account but inflation factor devastate the said assumption that money is steady. It is regarded as the basic property of the money.

Thus, the correct option will be Unit Of Account.

7 0
2 years ago
Read 2 more answers
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