Answer:
Explanation:
The following process is used to schedule staffing requirements.
Start appointing workers in a way that two days contain the lowest amount of staff required are designated first.
Then, we minus 1 from each cell except for the selected pair of days.
After that, we lookout for pairs of days that contain the least amount of staff requirements.
We will then repeat the above process until the staffing requirements are fully met.
OUTPUT:
10 *count the number of workers after excluding highlighted cells and 0 values.
Day Minimum number of workers needed
Answer:
D) 3.48
Explanation:
Current Year Sales = $700
Growth rate = 15%
Projected Sales=$700*15% +$700
Which is $805
Required inventory = $30.2 + 0.25*projected sales
Req.Inv = $30.2 + 0.25($805)
Req.Inv = $231.45
Inventory turn over = projected sales/Req.inv
$805/$231.45
Inventory turn over = 3.48 times
Answer:
By the midpoint formula, his income elasticity of demand for pro football game tickets is equal to <u>+3</u>, and football game tickets are <u>normal</u> goods.
Explanation:
The formula for calculating income elasticity of demand using the midpoint method is:
income elasticity of demand = {change in quantity demanded / [(old quantity + new quantity) / 2]} / {change in income / [(old income + new income) / 2]}
= {2 / [(2 + 4) / 2]} / {10,000 / [(40,000 + 50,000) / 2]} = (2 / 3) / (10,000 / 45,000) = 0.67 / 0.222 = 3
when the income elasticity of demand is higher than 1, the goods are normal goods.
Answer:
b. $6,600,000
Explanation:
The computation of the fee is shown below:
= Annual management fee + performance management fee
where,
Annual management fee = $400 million × 0.01 = $4 million
And, the performance management fee
= Incentive percentage × hedge fund × excess return
= 20% × $400 million × 3.25%
= $2.6 million
The excess return is
= {($445 million - $400 million) × $400 million - 8%}
= 11.25% - 8%
= 3.25%
So, the fee is
= $4 million + $2.6 million
= $6.6 million or $6,600,000
Answer:
Dynamic forecasting
Explanation:
Dynamic forecasting occurs when present forecast is made based on previous forecasts on the value of dependent variable.
On the other hand static forecasting is when actual previous vales to make present forecast.
Budget officials suggested that about 10% of current customers would likely quit eating out in Hamlet and drive to the nearest town
So a forecast is made on previous forecast.
