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gayaneshka [121]
2 years ago
9

Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 cus

tomers and determining whether or not they purchase any merchandise. The number of sample points in this experiment is____________.
a. 2
b. 4
c. 6
d. 8
Business
1 answer:
bogdanovich [222]2 years ago
5 0

Answer:

d. 8

Explanation:

The number of sample points in this experiment = 2^3  

                                                                                 = 8

Therefore, The number of sample points in this experiment is 8.

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Parsons Corporation plans to sell 18,000 units during August. If the company has 5,500 units on hand at the start of the month,
kirill [66]

Answer:

17,500 units

Explanation:

Data given in the question

Expected Sale units = 18,000 units

Beginning units = 5,500 units

Ending units = 6,000 units

So, by considering the above information, the number of units produced is

The number of unit produced = Expected sale units + beginning units - ending units

= 18,000 units + 5,500 units - 6,000 units

= 17,500 units

3 0
2 years ago
Amazon's latest attempt to shore up and enhance its competitive barriers by introducing a home service marketplace that may help
fenix001 [56]

Answer:

<u>Customer excellence</u>

Explanation:

Amazon's latest attempt to store up and enhance its competitive barriers by introducing a home service marketplace that may help it achieve a lasting , powerful advantage is an example of<em> Customer Excellence.</em>

Customer excellence help a company in attracting the customer towards it. Customer excellence can be achieve by making your customers happy, by providing them good quality of goods, by listening their grievances , by providing them after sale service which is an important thing , by never saying no to them , always provide help to them .

Employees of the company should always be attentive towards the need of the customer .They should have complete knowledge of the product so that customer have no doubt regarding the product at the time of purchasing. He should have the ability to read the mind of the customer and understand his need .

4 0
2 years ago
A supermarket expects to sell 1000 boxes of sugar in a year. Each box costs $2, and there is a fixed delivery charge of $20 per
Strike441 [17]

Answer:

Order size = 200 units

Number of order  = 5 times

Explanation:

<em>The number of order per year  will be equal to the Annual demand divided by the EOQ.</em>

<em>No of orders = Annual Demand / EOQ</em>

Economic order quantity (EOQ)

The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.

It is computed using he formulae below

EOQ = √(2× Co× D)/Ch

Ch- Carrying cost per unit per annum-  $1

Co- Ordering cost per order -20

EOQ =√(2× 20× 1000)/1

        = 200 units

Order size = 200 units

Number of order = 1000/200 = 5 times

4 0
2 years ago
An examination of the Ricardian model of comparative advantage yields the clear result that trade is (potentially) beneficial fo
Zarrin [17]

Answer:There are gains from trade but the distribution of these gains may not be the same for everyone

Explanation:There are some correlation between economic growth and trade.

Global economics intergration may be a potential factor that causes trade to affect economic growth positively.

When there is global intergration companies learn to adopt new technologies and those which doesn't may phase out ,dynamic firms which can export to the world experience an increase in demand and this lead to these companies gaining the advantage of operating on larger scale where price per unit product becomes lower. This means the company isnt restricted to their country of origin.

They can also lean and be innovative as they obtain more experience from exposures to certain technologies and adopt those technologies and certain standards that make these company compete efficient.

5 0
2 years ago
During February 2015 its first month of operations, the stockholders of Ariel Pink Enterprises invested cash of $50,000. Ariel h
aleksandrvk [35]

Answer:

46,000 ending cash balance

Explanation:

50,000 Ariel Investment

+ 10,000 cash revenues

- 14,000 cash expenses

46,000 ending cash balance

(assuming no other transaction impacted the cash account)

When you are asked for a ending value, you should identify first, if there is a beginning value, something which start the balance of the account.

Like inventory in hand, supplies in hand, equipment, accounts payable

Then you have to figure out which trasnaction incresae the balance

and which decrease it.

<u>Finally you put them together:</u>

<em>beginning + increase - decrease = ending</em>

4 0
2 years ago
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