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- Question 5 Silicon Valley Transport Commission (SVTC) has a fleet of maintenance vehicles that includes cars, vans, and trucks. SVTC is currently evaluating four different approaches to help them maintain their fleet of cars and vans efficiently at the lowest possible cost. Their options are: (1) No preventive maintenance at all and repair vehicle components when they fail; (2) Take oil samples at regular intervals and perform whatever preventive maintenance is indicated by the oil analysis; (3) Perform an oil change on a regular basis on each vehicle and perform repairs when needed; (4) perform oil changes at regular intervals, take oil samples regularly, and perform maintenance repairs as indicated by the sample analysis. Option #1 costs nothing to implement and results in two possible outcomes: There is a .10 probability that a defective component will occur, requiring emergency maintenance at a cost of $1,200, or there is a chance that no defects will occur and no maintenance…Question 4 There are many types of airlines involved in the air cargo business. Think of an airline that you are familiar with. Determine the characteristics of this airline (e.g. aircraft fleet, services provided, products, service quality and service coverage) and its classification by the air cargo business. (10 marks) With reference to the same airline, critique on three (3) key challenges the airline is likely to face in terms of managing its revenue. (15 marks) (a) (b)Question 1: A piece of equipment used in a business has a basis of $25,000 and is expected to have salvage value $5,000 at the end of it's 5 years of useful life. Find its annual depreciation rate and tabulate the annual depreciation amounts and book value of the equipment at the end of each year. Nears
- Question 10 What is a bonded warehouse? O A warehouse designed to speed up the delivery of goods and minimize storage costs A warehouse that requires the payment of a federal tax OA warehouse used only for exports A warehouse used only for importsQuestion 5 5.1 Suppose an economy's production function is Y = AK“L'«. If the annual rate of economic growth is 4.5 per cent and labour and capital are both growing annually by 3 per cent and 4 percent respectively, what contribution to growth is made by total factor productivity? You can assume that labour receives 65 per cent of the total income generated in this economy. 5.2 Does this mean that labour contributes 65 per cent of the increased output? Explain.QUESTION TWO Glams Touch is a budding cosmetics family business in Sekondi. The owners, Baaba Benson and Bernard Benson, must ensure that they judiciously use the store space available. They have never kept detailed inventory or sales records. They immediately place new items on the shelves as soon as shipment of goods arrives. Invoices from suppliers are only kept for tax purposes. During sales, they record the items numbers and the total amount received at the cash register. The owners use their own judgment in identifying items that need to be reordered. Baaba and Bernard rely on their own judgment in deciding the cosmetics that need to be restocked. Analyse the business implication of this situation. In your view, how could information systems be utilized to assist the Bensons manage Glams Touch. Enumerate some data that should be captured by the systems and what information outputs are to be churned out from the system.
- QUESTION THREE (3) SOKOI Group has been involved in the production and distribution of shoes and an assortment of leather products for over 25 years. SOKOI Group has recently decided to diversify its business portfolio and have invested about $2million dollars in the establishment of a modern hospital and health centre known as the SOKOI Medical Centre. As the Business Development consultant of this new hospital, explain to the management of SOKOI Group four (4) ways in which the shoes business differs from the hospital and healthcare business. Describe four (4) unique strategies you shall adopt in ensuring the operational success of SOKOI Medical Centre.Question 5: For a coffee shop, the cost associated with cups, coffee beans and lids are examples of ____costs. These ______ considered when building a MCS. Group of answer choices a Fixed costs; should be b Fixed costs; should not be c Variable costs; should not be d Variable costs; should be e None of these, these are programmed costsQuestion 2 Suppose that 800 square meters of denim is found to be damaged and cannot be used. What is the impact on total profits? Profit will decrease Profit will increase Profit will not change It is uncertain how profit will change
- Question 5 AIT computer department purchases a new computer every two years with preferences for three models; T1, T2 and T3. If the present model is T1, the next computer may be T2 with probability 0.2 or T3 with probability 0.15. If the present model is T2, the probabilities of switching to T1 and T3 are 0.6 and 0.25 respectively. And if present model is T3 then, the probabilities of switching to T1 and T2 are 0.5 and 0.1 respectively. Represent the situation as a Markov chain.A trade allowance is a price reduction offered by retailers to customers who are buying homogeneous shopping goods. Question 24 options: True False1
