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- Why is it necessary for problem formulation to come after goal formulation?3. A company has a linear total cost function and has determined that over the next three months it can produce 1,000 units at a total cost of $300,000. This same manufacturer can produce 2,000 units at a total cost of $400,000. The units sell for $180 each. Find (i) fixted cost (ii) marginal cost, (iii) the break-even point and (iv) construct the break-even chart.Explain Johnson’s rule?
- 7 The SCD Model has four generic strategies. Select one: a. True b. FalseKindly answer with the graph. Thank you!c) (i) A company manufactures a component which it sells for £100. The variable cost associated with its manufacture is £52 per component. Fixed costs allocated total £384,000. Determine how many components the company needs to sell to break even (i.e. to cover the sum of fixed and variable costs). (ii) Plot a graph which shows the break-even point in terms of the number of components produced.
- 4 To meet the prelicensing education requirement, an Individual must successfully complete: A) 10 hours of education, Including include 3 hours of federal law and regulations training, 3 hours of ethics training, and 2 hours of training relate standards for the nontraditional mortgage product marketplace B) 15 hours of education, including 3 hours of federal law and regulations training, 3 hours of ethics training, and 2 hours of training related to the nontraditional mortgage product marketplace. C) 20 hours of education, Including 3 hours of federal law and regulations training, 3 hours of ethics training, and 2 hours of training the nontraditional mortgage product marketplace. D) 25 hours of education, Including 3 hours of federal law and regulations training, 3 hours of ethics training, and 2 hours of training related to lend the nontraditional mortgage product marketplace.How can any kind of business install a KMS in which employees may make use of it without coming to depend on it?Describe the significance of a problem statement and what exactly is included in a problem statement.
- Create the appropriate fully labeled Crow’s Foot ERD. State your assumptions clearly Create the appropriate fully labeled Chen ERD. State your assumptions clearly Identify all of the main entities and identify the primary key and attributes Identify all of the relations and connectivities among entities. Resolve all M:N relationships A trucking company called TRUCKERS is responsible for picking up shipments for warehouses of a retail chain called MAZE BROTHERS and delivering the shipments to individual retail store locations of MAZE BROTHERS. Currently, there are six warehouse locations and 45 retail stores of MAZE BROTHERS. A truck may carry several shipments during a single trip, which is identified by a Trip#, and delivers those shipments to multiple stores. Each shipment is identified by a Shipment# and includes data on shipment volume, weight, destination, etc. Trucks have different capacities for both the volumes they can hold and the weights they can…To be effective, an organization must have clearly defined sets of goals and objectives. True lr falseSun TV sells TV sets. It does not sell smart TVs so customers do not come to Sun TV if they want to purchase smart TVs. Sun TV wants to start selling smart TVs and will only sell smart TVs to customers to whom they advertise. Managers use customer information (income level, previous purchase history) to decide which customers they should target. The team needs to decide how sure it must be in predicting customer interest in a smart TV. If it is too cautious, it will choose a very high cutoff probability and only market to customers who it believes are very likely to be in the market for a smart TV. This may cause them to miss out on many customers. If they are too aggressive and choose a low cutoff probability, they may identify more individuals interested in buying smart TVs but also end up wasting marketing dollars on customers who are not interested in purchasing smart TVs. To choose a cutoff probability, the team develops the confusion matrices below for two cutoff probabilities on…