To better facilitate an understanding of layout issues, Arnold Palmer Hospital studies using (A) queuing theory.
Explanation:
Queuing theory also known as the "queuing theory" it is used to examine the various component in waiting line that needs to be served.
The queuing theory refers to the various component like the arrival process,the service process,number of computerized system, number of servers used and the number of people in queue (i.e customers)
The various applications of the queuing theory include -traffic management,(vehicles management, two or four wheeler), scheduling patients in government hospitals, jobs that are done on machines, computer programs), and facility designs of supermarkets.
Thus,In a hospital settings the layout issues can be dealt by understanding the queuing theory.
Answer:
$2,938
Explanation:
Calculation to determine what amount of joint processing cost is allocated to Product A Using sales value at split-off,
First step is to calculate the Total for Product A and C
Product A 1,800* $7.00= $12,600
Product C 2,600* $10.00= $26,000
Total $38,600
($12,600+$26,000)
Now let calculate amount of joint processing cost is allocated to Product A
Joint processing cost is allocated to Product A=$(12,600/38,600)*$9,000
Joint processing cost is allocated to Product A = $2,938
Therefore Using sales value at split-off, what amount of joint processing cost is allocated to Product A is $2,938
Answer:
Option (a) is correct.
Explanation:
Mike can make 4 tables or 20 chairs:
Opportunity cost of producing 1 chair = 4 ÷ 20
= 0.2
Sandy can make 6 tables or 18 chairs:
Opportunity cost of producing 1 chair = 6 ÷ 18
= 0.33
Therefore,
Mike has the comparative advantage in producing chair because he has the lower opportunity cost as compared to Sandy.
ANSWER: The correct answer is IT project manager.
Explanation:
Job description of a Project manager is to lead the team work,implement the plans and fulfill the targets. It is the most challenging yet important job to do. They manage the risk related to the project. Here Emma is supervising and leading the team with updated technology so that the budget can be maintain and the targets can be reach on time.
Answer:
Innovators, Early Adopters, Early Majority, Late Majority, Late Mass
Explanation:
The adoption (diffusion) of innovation follows an S curve, with regards to time. It has following ranked consumer categories
- Innovators : Innovators, technologists, who have created & developed the product
- Early Adopters : Who are the visionaries of the product market expansion
- Early Majority : The pragmatists, who collect & distribute the product, give its critique
- Late Majority : The conservatives, who join the product market based on proper speculative analysis
- Late Mass : The most inactive, late market joiners, who joined late because they are sceptics (were sceptical).