Tag: Accounting

Question: Choose the correct answer for the following True or False questions (1 point) 8. In a good forecast, about half of the errors, should be randomly scattered above zero and half below zero. A. True B. False 9. Accurate forecasting can be done with inaccurate historical data, if the forecasting model is a good one. A. True B. False 10. It is easier to measureShow transcribed image textDear student, as per ‘s guideline I can solve four-question a…View the full answerTranscribed image text: Choose the correct answer for the following True or False questions (1 point) 8. In a good forecast, about half of the errors, should be randomly scattered above zero and half below zero. A. True B. False 9. Accurate forecasting can be done with inaccurate historical data, if the forecasting model is a good one. A. True B. False 10. It is easier to measure productivity for an operation that provides services than for one that produces goods. A. True B. False 11. Outputs of operations may be classified as goods, raw materials and profits. A. True B. False 12. Service often requires greater labor content, whereas manufacturing is more capital intensive. A. True B. False 13. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. A. True B. False 4. Human effort, technology, raw materials, and information are all examples of the necessary inputs to operations. A. True B. False oose the correct answer for the following multiple choice questions (1 point) 5. In the basic EOQ model, an annual demand of 40 units, an ordering cost of SR 5, and holding cost SR 1/unit per year will results in an EOQ of” A. 20 B. Square root of 200 C. 25 D. 40 E. 30 6. For this set of errors: -1, 4, 0, 2, 3, MAD is: A. 1.0 B. 1.6 C. 2.0 D. 2.5 E. 3.0

Question: Consider again that the company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specification limit of 22.8 millimeters and an upper specification limit of 23.4 millimeters. The standard deviation is 0.16 millimeters and the mean is 23.10 millimeters. What is the probability that a tire will be tooSee the answerSee the answerSee the answer done loadingConsider again that the company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specification limit of 22.8 millimeters and an upper specification limit of 23.4 millimeters. The standard deviation is 0.16 millimeters and the mean is 23.10 millimeters.
What is the probability that a tire will be too narrow? Note: Round your answer to 4 decimal places.

What is the probability that a tire will be too wide? Note: Round your answer to 4 decimal places.

PLEASE HIGHLIGHT THE ONE CORECT ANSWER THANKS I WILL UPVOTE!

Question: Laminar airflow in the boundary layer is characterized by A) smooth regular stream lines. B) its occurrence near the leading edge. C) unstable air. d) both A and B aboveLaminar airflow in the boundary layer is characterized by
A) smooth regular stream lines.

B) its occurrence near the leading edge.

C) unstable air.

d) both A and B above

Question: Discuss the importance of design and ongoing maintenance of the physical plant, facilities, and equipment.Discuss the importance of design and ongoing maintenance of the physical plant, facilities, and equipment.
Good design is far beyond making a good-looking item. It is tied in with making a positive encounter for clients at each touch point and with each connection. Design impacts our thought process, the manner in which we feel and the choices we make. Al…View the full answer

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b. Compute the multifactor productivity under each system. Use carts per dollar cost {labor plus equipment} as the measure. [Round your answers to 3 decimal places.) c. Comment on the changes in productivity according to the two measures. {Round your intermediate calculations 1:0 3 decimal places and final answers to 2 decimal places.) ——-—n Multiracwwuwww —-—n
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Acomp… Show more… Show more

Question: Please answer each part of the question and number your answer. 1. In your own words, what is an API and why would an organization want to use them? (Minimum 2 sentences) 2. How should Continental Airlines effectively apply APIs in their organization? Apply one example to the case and explain. (Minimum 3 sentences) 3. How could the use of APIs negativelyPlease answer each part of the question and number your answer. 1. In your own words, what is an API and why would an organization want to use them? (Minimum 2 sentences) 2. How should Continental Airlines effectively apply APIs in their organization? Apply one example to the case and explain. (Minimum 3 sentences) 3. How could the use of APIs negatively affect Continental Airlines? Apply one example to the case and explain . (Minimum 3 sentences) 4. In your own words, what is agile development? Explain an example of its application to any of the cases we have read thus far and explain how it would be beneficial. (Minimum 4 sentences)
Q1:-API is the abbreviation for Application Programming Interface. It permits data communication between software programmes or mixed-hardware intermediaries. In simple terms, an API serves as a messenger, delivering your data in answer to any…View the full answer

Question: HBR Case Study: Creating the Future at Southwest Airlines What do you think of Herb Kelleher’s approach to leading the airline? What aspects of his leadership approach can be learned by other aspiring leaders?
HBR Case Study: Creating the Future at Southwest Airlines
What do you think of Herb Kelleher’s approach to leading the airline? What aspects of his leadership approach can be learned by other aspiring leaders?
Herb Kelleher served his people by bringing out the greatness in them. Importantly he encouraged and applauded out-of-the-box thinking from everyone at t…View the full answer

Question: 1. What is meant by Market Segmentation? What are the four areas of marketing segmentation? 2. What is meant by Mass Marketing? 3. What is meant by Niche Marketing? 4. What are the three essential steps in identifying a marketing segmentation? 5. Define the four Age Segments? 6. What are some characteristics regarding Demographic Segmentation? 7. What isSee the answerSee the answerSee the answer done loading1. What is meant by Market Segmentation? What are the four areas of marketing segmentation? 2. What is meant by Mass Marketing? 3. What is meant by Niche Marketing? 4. What are the three essential steps in identifying a marketing segmentation? 5. Define the four Age Segments? 6. What are some characteristics regarding Demographic Segmentation? 7. What is meant by Age Segmentation? B. What is meant by Gender Segmentation? 9. What is meant by Behavioral Segmentation?

Please help please O $2.2/ DLH O $2 / DLH O $1.5 / DLH O $1.8 / DLH Under the simple-costing system, what is unit cost of a sweatshirt? O $10.30 O $11.00 O $10.72 O $8.25 Under the ABC system, the unit cost of a sweatshirt will be O $10.59 O $11.25 O $9.99 O $10.21 Assume that the ABC provides more accurate cost information. Based on the above results, it can be inferred that, under simple costing, T-shirts (not sweatshirts) are O More information is needed to answer this question O overcosted O properly costed O undercosted

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Answer questions 6-10 using the information below: Titan Pride produces two product lines: T-shirts and Sweatshirts. The company has used a simple costing system since its inception. The budgeted factory overhead cost of $181,500 is allocated on the basis of direct labor hours (DLHs). Additional production information for the two products is as follows: T-SHIRTS SWEATSHIRTS Production volume 60,000 units 35,000 units DHLS 72,000 49,000 Direct costs (per unit) $ 6.50 $ 8.20 The company is currently considering implementing an ABC system to determine the unit costs of its products. The following ABC information has been collected: Activity Budgeted cost Cost allocation base Allocation base quantity. T-shirts Sweatshirts Supervision $75,690 Machine hours 45,000 42,000 Inspection $105,810 Number of Inspections 53,040 17,500 Under the simple costing system, what is the predetermined overhead rate using DLH as the single cost driver?
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Question: Humber Tech is considering starting either a small, regular, or large tech store in Etobicoke. The type of store they open depends on the city’s market potential which may be high with 40% chance, medium with 20% chance, or low with 40% chance. The potential profits ($) in each case are shown in the payoff table below.Humber Tech is considering starting either a small, regular, or large tech store in Etobicoke. The type of store they open depends on the city’s market potential which may be high with 40% chance, medium with 20% chance, or low with 40% chance. The potential profits ($) in each case are shown in the payoff table below.
High Medium Low Small 4400 4000 0 Regular 5100 5600 -600 Large 6100 3200 -200
Part A
1. What is the best expected payoff and the corresponding decision using the Expected Monetary Value (EMV) approach? $ Select an answer Small Regular Large 2. What is the expected value of perfect information (EVPI)? $
Part B
Humber Tech is now considering hiring ALBION consultants for information regarding the city’s market potential. ALBION Consultants will give either a favourable (F) or unfavourable (U) report. The probability of ALBION giving a favourable report is 0.45. If ALBION gives a favourable report, the probability of high market potential is 0.58 while the probability of a low market potential is 0.04. If ALBION gives an unfavourable report, the probability of high market potential is 0.12 and that of low market potential 0.54. 1. If ALBION gives a favourable report, what is the expected value of the optimal decision? $ 2. If ALBION gives an unfavourable report, what is the expected value of the optimal decision? $ 3. What is the expected value with sample information (EVwSI) provided by ALBION? $ 4. What is the expected value of the sample information (EVSI) provided by ALBION? $ 5. Based on the EVSI, should Humber Tech pay $270 for the sample information? Select an answer Yes, they should. No, they should not. 6. What is the efficiency of the sample information? Round % to 1 decimal place. %
Please…View the full answer