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BARSIC [14]
2 years ago
4

Alicia is conducting research on consumer behavior. The study requires her to note the number of people who shop at Fresnas Mart

, a grocery store, in the afternoons during weekdays. She also needs to pay attention to the customers' preferred brands, the customer service, and the arrangement of items in the store. She needs to conduct the study without interacting with the customers so that she does not influence their behavior and choices. In this scenario, Alicia is conducting a(n) _____.
Business
1 answer:
jolli1 [7]2 years ago
4 0

Answer:

Observational study.

Explanation:

In Statistics, sampling can be defined as a process used to collect or select data (objects, observations, or individuals) from a larger statistical population using specific procedures.

There are various types of sampling used by researchers and these are;

1. Random sampling.

2. Systematic sampling.

3. Stratified sampling.

4. Cluster sampling.

5. Opportunity or convenience sampling.

An observational study can be defined as a type of study in which a researcher observes and measures the effect of a diagnostic test, risk factors, or treatments on individuals without intervening, changing or manipulating who are or aren't exposed to it (controlled conditions).

In this scenario, Alicia is conducting an observational study because the study was required to be conducted without interacting with the customers so as to avoid influencing their behavior and choices.

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Suppose you just found out that the $3,215 monthly malpractice insurance charge is based on an accounting allocation scheme that
RUDIKE [14]

Answer:

No, it does not bias break-even analysis as the calculation uses every activity in the hospital to get a certain amount of charge per activity. The calculations do not focus on a single activity nor is subject to a few activities but includes every activity by everyone in the hospital.

Explanation:

7 0
2 years ago
Tom's, Inc., produces various Mexican food products and sells them to Western Foods, a chain of grocery stores located in Texas
Sindrei [870]

Answer:

Explanation:

Objective of the problem is to maximize profit.

Each jar is of 10 ounces.

Western Food Salsa (W) contains:

50% whole tomatoes, i.e. 50%*10 = 5 ounces;

30% tomato sauce, i.e. 30%*10 = 3 ounces;

20% tomato paste, i.e. 20%*10 = 2 ounces.

Mexico City Sales (M) contains:

70% whole tomatoes, i.e. 70%*10 = 7 ounces;

10% tomato sauce, i.e. 10%*10 = 1 ounces;

20% tomato paste, i.e. 20%*10 = 2 ounces.

Note: 1 pound = 16 ounces for below calculations

Maximum available quantity of Whole Tomatoes = 280*16 = 4480 ounces

Maximum available quantity of Tomato Sauce = 130*16 = 2080 ounces

Maximum available quantity of Tomato Paste = 100*16 = 1600 ounces

Profit for each jar of W = 1.64 - (0.96*5/16 + 0.64*3/16 + 0.56*2/16 + 0.10 + 0.02 + 0.03) = $ 1.00

Profit for each jar of M = 1.93 - (0.96*7/16 + 0.64*1/16 + 0.56*2/16 + 0.10 + 0.02 + 0.03) = $ 1.25

a. Refer first table in Sensitivity report, Optimal solution is following

W = 560 jars

M = 240 jars

Profit = $ 860

b. Refer third table in Sensitivity report, Objective coefficient range is as follows

Variable       Objective coefficient range

                       Lower limit Upper limit

W                   0.89286 1.25

M                                1 1.4

Lower limit is obtained by subtracting allowable decrease from the objective coefficient and upper limit is obtained by adding allowable increase to objective coefficient

c. Refer third table in Sensitivity report, Shadow prices (or Dual value) of each constraint are following

Whole tomatoes = 0.12500

Tomato sauce = 0.00000

Tomato paste = 0.18750

Interpret each shadow price

i. The shadow price is the value that the objective function will change...

ii. 0.125, increase by $ 0.125

iii. 0, not change

iv. 0.188, increase by $ 0.188

v. it is a non-binding constraint

d. Refer fourth table of sensitivity report, Right hand side ranges of the constraints are following

Variable                    Righ Hand Side Range

                                    Lower limit    Upper limit

Whole tomatoes 4480-160 = 4320  4480+1120 = 5600

Tomato sauce 2080-160 = 1920  2080-inifinite = infinite

Tomato paste   1600-320 = 1280  1600+40 = 1640

cheers i hope this helped !!!

8 0
2 years ago
IntelAir Present Value
german

Answer:

IntelAir Present Value

The maximum amount that Purifier should pay for IntelAir is:

=  $10,538,700.00.

Explanation:

a) Data and Calculations:

Value of InterlAir:

Annual Sales Revenue = $5,000,000 ($1,000 * 5,000 units)

Annual all-inclusive cost = 3,500,000 ($700 * 5,000 units)

Net annual cash inflow = $1,500,000 ($300 * 5,000 units)

Year 1, Cash inflow from the sale of patent of the air purifying system = $2,000,000

Year 5 Technology upgrading expense = $800,000

Discount rate = 10%

Duration = 10 years

Annuity Factor for 10 years at 10% = 6.145

PV factor at Year 1 at 10% = 0.909

PV factor at Year 5 at 10% = 0.621

Present value of Cash inflows:

Net annual cash inflow $1,500,000 for 10 years at 6.145 =    $9,217,500

Year 1 Sale of patent for $2,000,000 at 0.909 =                       1,818,000

Year 5 Technology upgrade for $800,000 at 0.621 =               (496,800)

Present value of IntelAir =                                                      $10,538,700              

4 0
2 years ago
Assume that Jackson is a​ price-taker and the current wholesale market price is $7.30 per can of paint. What is the target total
Mumz [18]

Answer:

Jackson's target total cost of producing and selling 6 million cans of paint of $31,800,000 will enable it to reach stockholders' profit goals of $6 million.

The implication is that it should not allow its total costs (Production and other business expenses) to exceed $37,800,000.

This is because its sales revenue will be equal to $43,800,000 (6,000,000 * $7.30).

As such, Jackson can produce a can of paint for $5.30.  It can also incur an average business expense of $1.00 per can to maintain and reach its $6 million profit target.

Explanation:

Profit is the difference obtained after deducting all costs from the revenue.  There are some profit stages.  The first is the gross profit, which considers the sales revenue and the cost of goods sold.  The next profit stage is the operating profit, which subtracts the business running expenses from the gross profit.  There are also profits before and after interest and taxes.  The after tax profit is also called the net income or net profit.  If it is negative, then it is called the net loss.  It is from the net income that distributions are made to stockholders in the form of dividends while a part is retained in the business to increase its capital stock or stockholders' equity.

8 0
2 years ago
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2 years ago
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