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Vinil7 [7]
2 years ago
11

Ben is assigned by his employer to improve an ultrasonic range-finding device. While working on the improvement, he recognizes t

hat a novel modification of the equipment might be applicable to military submarines, which, if successful, could be worth a lot of money to his employer. However, Ben is a pacifist, a person who opposes war of any kind, and does not want to be involved in military work. He does not develop the idea himself or mention it to anybody else in the company. He has signed an agreement that all inventions he produces on the job are the property of the company but does not believe the agreement is relevant to this situation. If Ben decides whether the potential military application would be used for offensive aims, or only used for defensive purposes, his issue is primarily:
Business
1 answer:
BARSIC [14]2 years ago
7 0

Answer:

1. He has not developed the idea yet

2. His employer knows he his a pacifist so he has the delima is he ethically correct to not develop a product that can be used for warfare.

Explanation:

In this scenario Ben signed an agreement with his employer that all ideas he has developed on the job and while working with the company is a property of the company.

This is a common agreement that gives a company property rights over work developed by their employees.

However since Ben is a pacifist he has an ethical dilemma when he has an idea that can weaponize an ultrasonic range-finding device.

He is justifying his decision by saying the idea has not been developed yet and his employer will not expect him to develop such technology since he is a pacifist.

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Morataya Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the begin
Katena32 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Total Estimated total machine-hours (MHs) 10,000

Estimated total fixed manufacturing overhead cost= $45,800

Total Estimated variable manufacturing overhead cost- per MH= $1.90 +  $2.10= $4

To calculate the estimated manufacturing overhead rate we need to use the following formula:

<u>Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>

<u>Estimated  FIXED manufacturing overhead rate=</u> (45,800/10,000)= $4.58

7 0
2 years ago
Scenario 34-2. The following facts apply to a small, imaginary economy. • Consumption spending is $6,720 when income is $8,000.
Temka [501]

Answer:

0.64

Explanation:

Marginal propensity to consume is given by the ratio of the change in consumption spending to the change in income.

In this scenario, the change in consumption spending is:

\Delta CS = \$7,040-\$6,720\\\Delta CS = \$320

The change in income is:

\Delta I = \$8,500-\$8,000\\\Delta CS = \$500

The marginal propensity to consume for this economy is:

MPC=\frac{\Delta CS}{\Delta I}=\frac{\$320}{\$500} \\MPC =0.64

The answer is 0.64.

3 0
2 years ago
After having problems with her Mitsubishi car, sandra salazar had santa Fe Mitsubishi install a used LO1 motor in it. when she p
ehidna [41]

Answer:

The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)

Explanation:

What is express warranty?

An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:

Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.

Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.

An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.

6 0
2 years ago
Ohio Swiss Milk Products manufactures and distributes ice cream in Ohio, Kentucky, and West Virginia. The company wants to expan
LenaWriter [7]

Answer:

a. The regression equation required is Y = 915.18 – 0.2819X.

b. b-1. Correlation coefficient (r) = –0.9423

b-2. Coefficient of determination = r^2 = 88.80%

b-3. The negative correlation coefficient of -0.9423 implies that increase in X mostly causes a decrease in Y. The coefficient of determination implies that 88.80% variation in Y is explained by X.

c. The manufacturing cost per gallon is $823.56.

Explanation:

Note: See the attached excel file for the calculation of Mean of X and Y and other values.

a. Develop a regression equation to forecast the cost per gallon as a function of the number of gallons produced.

The regression can be written as follows:

Y = bo + b1X ………………… (1)

b1 = (Sum of (Y - Mean of Y) * (X - Mean of X)) / (Sum of (X - Mean of X)^2) = –34,273.08 / 121,585.14 = –0.2819

b0 = Mean of Y – (b1 * Mean of X) = 1,018.20 - (365.44 * 0.2819) = 915.18

Substituting b) and b1 values into equation (1), regression equation to forecast the cost per gallon as a function of the number of gallons produced can be written as follows:

Y = 915.18 – 0.2819X ……………………….. (2)

Equation (2) is the regression equation required.

b. What are the correlation coefficient and the coefficient of determination? Comment on your regression equation in light of these measures.

b-1. Correlation coefficient (r) can be calculated using the following formula:

r = (Sum of (Y - Mean of Y) * (X - Mean of X)) / ((Sum of (Y - Mean of Y)^2) * (Sum of (X - Mean of X)^2))^0.5 = –34,273.08 / (10,879.60 * 121,585.14)^0.5 = –0.9423

b-2. Coefficient of determination = r^2 = –0.94^2 = 0.8880, or 88.80%

b-3. The negative correlation coefficient of -0.9423 implies that increase in X mostly causes a decrease in Y. The coefficient of determination implies that 88.80% variation in Y is explained by X.

c. Suppose that the market survey indicates a demand of 325,000 gallons in the Bucyrus Ohio, area. Estimate the manufacturing cost per gallon for a plant producing 325,000 gallons per year.

Since X and Y are in thousands, 325,000 gallons implies we have:

X = 325

Substitute X = 325 into equation (2), we have:

Y = 915.18 - (0.2819 * 325)

Expressing in full form, we have:

Y = $823

Therefore, the manufacturing cost per gallon is $823.56.

Download xlsx
3 0
2 years ago
A hairstylist entered into a contract with a hairspray manufacturer in which the manufacturer agreed to supply the hairstylist w
zloy xaker [14]

Answer:

yes

Explanation:

3 0
2 years ago
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