Answer:
Expected value of Total Sales projection is $23,115.
Explanation:
First of all we calculate expected sales projection by multiplying the probability with units, then multiply it to each unit price we will get the expected sales value of each outcome. Adding expected sales value of all outcomes, we will get the total expected sales value.
Outcome Probability Units Sales Volume Price Total Sales
P U V=P x U S TS=V x S
A 0.40 350 140 $21 $2,940
B 0.10 600 60 $30 $1,800
<u> C </u> 0.50 1,050 <u>525</u> $35 <u>$18,375</u>
Total <u>727</u> <u>$23,115</u>
Expected Total Sale projection is 727 units and value is $23,115
Answer:
Ethics
Explanation:
Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.
Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.
If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.
Answer:
<u>False</u>
Explanation:
<em>There is no such thing</em> as community engagement graduation requirements. However there is internship as a requirement for college graduation.
Therefore , Orlando can use this internship to only fulfill his internship graduation requirements having learnt practical knowledge from the animal shelter for six weeks.
Answer:
differentiated by quality/design
Explanation:
In this scenario the two coffee shops have different strategies for sale. While Jackie's coffee is a sit down cafe with a waiter service that takes personalised orders, Johnny's coffee sells at various kiosks it owns.
These two businesses are differentiated by quality or design. Jackie's has more quality because of the personalised service provided to customers.
Jackie uses design of a sit down cafe in one location, while Johnny's business design is to sell coffee at various locations (kiosks)
Answer:
Using the lowest price of $210 offered by the supplier
Annual demand (D) = 90,000 units
Set-up cost per order (S) = $1,000
Holding cost per item per annum = 30% x $210 = $63
EOQ = √<u>2DS</u>
H
EOQ = √<u>2 x 90,000 x $1,000</u>
63
EOQ = 1,690 units
The correct answer is C
Explanation:
In this case, there is need to calculate the EOQ using the least price offered by the supplier. The least price gives the minimum total cost. EOQ is calculated as: 2 multiplied by annual demand and set-up cost divided by holding cost. The EOQ of 1,690 units gives the least total cost and thus recommended.
