A. Last month, a team of sales personnel recorded a Php40,000.00 monthly gross sales. The manager, in order to recognize the team's efforts, told them that he will give the team a bonus equivalent to of the gross sales for every successful transaction. But at the same time, the team must give the manager an amount that is equal to - of the gross sales for every unsuccessful transaction. The team 8. agreed with the manager's proposal. The manager looked at the team's transaction reports and saw a total of 26 successful and unsuccessful transactions. After a few minutes, the manager concluded that the team will not receive any amount as bonus neither will give any amount to him as well. Is the conclusion of the manager really possible? Support your answer with mathematical computations applying the concepts of fractions. B. The monthly incomes of two persons are in the ratio 4:5 and their monthly expenditures are in the ratio 7: 9. If each saves Php5,000.00 per month, find the monthly income of the second person.
A. Last month, a team of sales personnel recorded a Php40,000.00 monthly gross sales. The manager, in order to recognize the team's efforts, told them that he will give the team a bonus equivalent to of the gross sales for every successful transaction. But at the same time, the team must give the manager an amount that is equal to - of the gross sales for every unsuccessful transaction. The team 8. agreed with the manager's proposal. The manager looked at the team's transaction reports and saw a total of 26 successful and unsuccessful transactions. After a few minutes, the manager concluded that the team will not receive any amount as bonus neither will give any amount to him as well. Is the conclusion of the manager really possible? Support your answer with mathematical computations applying the concepts of fractions. B. The monthly incomes of two persons are in the ratio 4:5 and their monthly expenditures are in the ratio 7: 9. If each saves Php5,000.00 per month, find the monthly income of the second person.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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