Answer:
Explanation:
a)
Year percentage increase
2011 21.21162
2012 14.35054
2013 20.62696
b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to; Decline
c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X
d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.
Answer:
because Ivan's decisions will impact the substantial cost of the business.
Explanation:
An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.
Organizational resources must be allocated efficiently and effectively so that there is compliance with the objectives and goals of a business and for it to be well positioned and successful in the market.
Answer: $14,625
Explanation:
Based on the information given, if practical capacity is used to allocate cost, the cost that is allocated to shipping will be:
= Budgeted annual cost/200 × Number of shipping work stations
= 65000/200 × 45
= $14,625
Answer:
The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>
Explanation:
This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.
A sales forecast based on this method has several demerits such as:
- The customers may change their minds anytime without consultation with the business
- It is an uneconomical way to do a forecast when the client base is large
- Predicting sales over the long-run using this method is statistically impossible
It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.
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