Which of the following is NOT an input to manufacturing planning and control system? O a. Standard time O b. Product description О с. Product price O d. Quantities required Process specifications e.

The goal of this activity is to help you better understand how the rational decision-making process applies in a realistic workplace scenario. First, hover over each term or phrase to read the description. Then, click and drag each term or phrase into the correct place in the rational decision-making process. Measuring performance Identify the problem or opportunity Consultants. Inclusive or exclusive Generate alternative. solutions Inclusive or exclusive Consultants Collecting data Evaluate alternatives and Implement and evaluate the solution chosen. select a solution Measuring performance Collecting data Reset 4

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Ethics Many salespeople, especially those that sell financial products such as life insurance or annuities, earn their salary or a portion of their salary based on the product(s} they convince you to purchase. In addition, buyers are often uneducated about how the sellers make their money and about the product(s) themselves. What are the ethical obligations the seller has toward the buyer? Should the salesperson disclose how he or she earns his or her money? Is ii ethical for a salesperson to try to sell the buyer a product that provides a higher commi.ssion for the salesperson? What responsibility does the buyer have in such situations?

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(a). An agricultural engineer must decide what type of tillage method to adopt for optimum soil structire for seedbed and root bed, manage plant residue and reduce soil erosion. If he uses primary tillage type, has 80% chance for optimum soil performance. If he uses secondary tillage type, he has 50% chance for optimum soil performance. If he uses cultivation tillage type, he has 30% chance for optimum soil performance. According to the soil condition obtained from preliminary investigation, there are only 20%, 50% and 30% chances of applying primary, secondary and cultivation tillage operations on the land, respectively. If the engineer decides to use all three tillage types on the land, determine the chance for optimum soil structure for seedbed and root bed preparation. Also, determine the chance of using primary tillage type alone when the soil performance was optimum. he

An entrepreneur has a venture that will make either $100M or $0. The chance that this venture will make $100M depends on the effort level expended by the entrepreneur: If she tries hard, the chance of the $100M outcome is 0.2. If she does not try hard, the chance of this outcome is 0.05. This entrepreneur is risk averse, with utility function. - disutility of effort, where the disutility of effort is O if the entrepreneur does not try hard and 1000 if she does. (a) Assuming this entrepreneur bears all the risk of this venture, will she try hard or not? What will be her expected utility, net of the disutility of effort (if any)? (b) A risk-neutral venture capitalist is prepared to support this venture. Risk-neutrality means that the venture capitalist cares only about expected profit (average weighted by probabilities of net gains). Specifically, the venture capitalist will pay the entrepreneur a base amount B up front, in return for which the venture capitalist will retain X out of the…

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Please no written by hand