17. Which of the following is true for a critical activity?
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- Quantitative Methods 1.The minimum expected opportunity loss ____________________. a.) is equal to the highest expected payoff. b.) is greater than the expected value with perfect information. c.) is equal to the expected value of perfect information. d.) is computed when finding the minimax regret decision. 2.) A decision tree is preferable to a decision table when_________________________. a.) a number of sequential decisions are to be made. b.) probabilities are available. c.) the maximax criterion is used. d.) the objective is to maximize regret. 3.In decision theory, probabilities are associated with _____________________. a.) payoffs. b.) alternatives. c.) states of nature. d.) none of the above.← → C » • Ⓒ de G. ? MindTap - Cenga x C Expert Q&A | Chex 8 CENGAGE MINDTAP Q Search this course Apply It- Chapter 10 Homework: Forecasting and Demand Planni... X Assignment store. 12.30% Submit Assignment for Grading b My Questions | x | + ng.cengage.com/static/nb/ui/evo/index.html?deploymentid=610... 89999 Questions 4. 5. 6. 7. O O X O Save We know the following data for Albert's fabricating production area: Number of machines = 6 Number of working days in year = 335 Processing time per unit = 60 minutes. 32160 Hint(s) Check My Work (1 remaining) ◄ Question 6 of 7 ► a. What is the annual capacity with a single eight-hour shift? Round your answer down to the nearest whole number. 64320 units/year b. What is the annual capacity with two shifts? Round your answer down to the nearest whole number. units/year Hide Feedback ☆ il. M ох ⠀ ? A-Z Office A+ O ▼ 1:37%24 W WA 6.4 custom - Mat x C The Willingnes Zoom Xb The daily demand for X A clemson canvcas - Bin X Cohnect to Canvas at X https://www.webassign.net/web/Student/Assignment-Responses/submit?pos=D2&dep=27166051&tags=autosave#question4697815 2 -> The willingness of saddle-producers to supply saddles can be modeled as for p < 5 = (d)s 2.194(1.295P) for p 2 5 where S(p) is measured in thousand saddles and saddles are sold for p thousand dollars per saddle. (a) How many saddles will producers supply when the market price is $2000? thousand saddles How many saddles will producers supply when the market price is $9000? (Round your answer to three decimal places.) thousand saddles (b) At what price will producers supply 10 thousand saddles? (Round your answer to three decimal places.) thousand per saddle (c) Calculate the producer revenue when the market price is $6500. (Round your answer to three decimal places.) x million 24 (d) Calculate the producer surplus when the market price is $6500.…
- W AutoSave Off H 2.0 = PDPMT_PL102_06 June 2023_1 No Label ✓ Mailings Review File Home Insert Draw Design X Paste Clipboard F Page 5 of 7 ■ Arial B I U U 959 words Q Search V ✓11 Layout References A A A Aa A D x² A✓ ✓ A. А ab ab X₂ X Font 5 9° E English (South Africa) Text Predictions: On View Help € 2¶ ====- 스 Paragraph Search Normal Accessibility: Unavailable No Spacing Styles QUESTION TWO Gido et al (2022:337) contend that the capable project manager understands what motivates team member and creates a supportive environment in which individuals work as part of a high-performing team and are energised to excel. Heading 1 Considering the characteristics of high-performing project teams, discuss the ways in which the project manager can motivate team members and create a supportive environment. »> R A Thembi Mdepa TM Editing Focus Comments Editing Dictate Voice Sensitivity Editor Sensitivity Editor ENG US Share Reuse Files Reuse Files V 08:19 2023/06/06 I + 100% &Urgent plz: None of answers provided previously were correct. Need correct answers. Organized A statistical program is recommended. The quarterly sales data (number of copies sold) for a college textbook over the past three years follow. Quarter Year 1 Year 2 Year 3 1 1,690 1,800 1,850 2 940 900 1,100 3 2,625 2,900 2,930 4 2,500 2,360 2,615 compute the quarterly forecasts for year 4. (Round your answers to the nearest ten.) quarter 1 forecast ________ quarter 2 forecast_______ quarter 3 forecast ________ quarter 4 forecast _______ Based upon the seasonal effects in the data and linear trend, compute the quarterly forecasts for year 4. (Round your answers to the nearest ten.) quarter 1 forecast ________ quarter 2 forecast_______ quarter 3 forecast ________ quarter 4 forecast _______Q4. Manufacturing (HW). A manufacturer is currently producing an item which has a variable cost of $0.75 per unit and a selling price of $2.00 per unit. Fixed costs are $20,000. Current volume is 40,000 units. The firm can produce what it believes is a better product by adding a new piece of equipment to the process line. This equipment represents an increase of $5,000 in fixed cost. The variable cost increase would be $0.50 per unit. Volume for the new and improved product should rise to 50,000 units. (a) What is total profit now? (b) What will be the profit with the new machine? (c) Should the company invest in the new equipment?
- W AutoSave Off H 2.0 = PDPMT_PQM102_08 June 2023_1 - Read-Only No Label ✓ Layout References Mailings A A Aa A D x² A✓ ✓ A. А File Home Insert Draw Design X Paste Clipboard F Page 6 of 7 ■ Arial B I U U 1599 words Q Search V ✓11 ab ab X₂ X Font English (South Africa) 13° A EE¹F✓ 1.5 5 Text Predictions: On ■ Review View Help E = T 4 Paragraph 5 Accessibility: Unavailable Search W Normal Discuss the benefits of quality in relation to project performance. No Spacing e Styles Heading 1 R A Thembi Mdepa TM Editing Focus Comments Editing Dictate Sensitivity Editor Voice Sensitivity Editor ENG US Share Reuse Files Reuse Files + 09:36 2023/06/08 100%Problem 1 Forecasting • All analysis and calculations and report must be done in a single (ONE) Excel file.• Put your name at the top of the worksheet.• Make Excel do all of the calculations. (Instructor must be able to see your cell-reference formulas.)• Include report/answers below the forecasting calculations. o Make sure answers are clear, complete and easy to find. o Your report must include: a. Presentation of forecasts b. Explanation of why you chose each of the methods 1. Tom Simpson, Director of the Chamber of Commerce for Exeter township is investigating the past ten years oftourist visits to the area. The following data has been gathered on number of tourists who signed into the localinformation center. Year Number of tourists1 7002 2483 6334 4585 14106 15887 16298 13019 145510 1989 Tom is interested in implementing a forecasting system and is…Identify the Information System that would generate the type of report shown below. DOEJOE INC. STATEMENT OF OWNER'S EQUITY FOR MONTH OF AUGUST 21, 2022 JOHN DOE, CAPITAL, AUGUST 31, 2022 INVESTMENT DURING THE PERIOD NET INCOME FOR PERIOD SUBTOTAL WITHDRAWLS DURING THE PERIOD NET LOSSES FOR PERIOD JOHN DOE, CAPITAL, AUGUST 31, 2022 O a. Management Information System O b. Decision support system O c. Business Intelligence Dashboard Od. Transaction processing system 4,000.00 1,000.00 2,000.00 $ 7,000.00 2,000.00 $5,000.00
- 10. CASE SYNOPSIS As 2019 ended, the founder and chief executive officer (CEO) of this Cosmetic Company had overseen phenomenal growth during the firm's five years of operation. However, the company was about to encounter a series of issues as a result of the global COVID-19 pandemic that resulted in lockdowns, stay-at-home orders, and closures of non-essential businesses around the world. This company, likemany other companies, suffered a severe decline in revenue. How could this company overcome the uncertainty and challenges that accompanied the pandemic? Construct Strategically sound decision during a crisis that involves severe resource constraints.10. CASE SYNOPSIS As 2019 ended, the founder and chief executive officer (CEO) of this Cosmetic Company had overseen phenomenal growth during the firm's five years of operation. However, the company was about to encounter a series of issues as a result of the global COVID-19 pandemic that resulted in lockdowns, stay-at-home orders, and closures of non-essential businesses around the world. This company, likemany other companies, suffered a severe decline in revenue. How could this company overcome the uncertainty and challenges that accompanied the pandemic? Respond quickly to environmental changes to promote long term resilience and growthProblem 3-4 (Static) An electrical contractor's records during the last five weeks indicate the number of job requests: 2 3 22 18 Week: Requests: 1 20 4 21 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods: a. Naive. 5 22 Answer is complete but not entirely correct. Number of requests 24 X requests b. A four-period moving average. (Round your answer to 2 decimal places.). Answer is complete but not entirely correct. Number of 23.25 c. Exponential smoothing with a = 0.30. Use 20 for week 2 forecast. (Round your intermediate calculations and fina mal nisenel