Define any 2 mangement theories.
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Define any 2 mangement theories.
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- 31) Maimouna Company is providing the following information to you in an intention to calculate the total cost of the company. The cost of the machinery is OMR 50,000 where estimated life is 5 years, Material Used OMR 40,000, Labour OMR 20,000 and Variable Overheads OMR 30,000. Determine the total cost. a. OMR 80,000 b. OMR 180,000 c. None of the options d. OMR 100,00091. 1.Alabama llc collected sales dara for four months, janurary through april. the data is janurary-17, feburary -24, march -25 and april -26. usung a three month moving average. the forcaste calue of may is a. 21 b.22 c.23 d.24 2. a decision tree branch has an expectrd monrtary value of 108. the probability of success is .6 with an outcome value of 200. what is the outcome value of failure?
- Risk Aversion; Strategy John Holt is the production supervisor for ITEXX, a manufacturer of plastic parts with customers in the automobile and consumer products industries. On aTuesday morning, one of ITEXX’s sales managers asks John to reschedule his manufacturingjobs for the rest of the week to accommodate a special order from a new customer. The catchis that getting the customer requires fast turnaround on the order and means not only delayingthe current production schedule, but also running the production equipment all three shifts forthe remainder of the week. This will make it impossible to complete the regularly scheduledmaintenance on the equipment that John has planned for midweek. The sales manager is keen ongetting the new customer, which could mean an important increase in overall sales and output atthe plant. However, John is worried not only about the delay of the current jobs, but the chancethat the delay in maintenance will cause one of the machines to fail, which would…Q5) what do you understand by rational decision making? How and what accepts will and should be used while reaching a decision? Part II) What is bounded reality decision? Why is bounded reality important and how can it be used to achieve a good result in achieving a rationally bounded reality? Part II) what are rational decision making steps understood by you explain all 7 in your own words? 17 米 in num k $ % & 8 ) 4 5 6 7 8 9. E R 5 | { G H 2 K 3 + || 同 国 # MSubject: acounting
- The Star Paper Division of Royal Industries islocated near Los Angeles. A major expansion ofthe division’s only plant was completed in April2015. The expansion consisted of an addition to theexisting building, additions to the production linemachinery, and the replacement of obsolete andfully depreciated equipment that was no longer efficientor cost-effective.of Star. Harris had a meeting with Marie Fortner,vice president of operations for Royal, whoexplained to Harris that the company measured theperformance of divisions and division managers onthe basis of return on gross assets (ROA). WhenHarris asked if other measures were used in conjunctionwith ROA, Fortner replied, “Royal’s topmanagement prefers to use a single performancemeasure. Star should do well this year now that ithas expanded and replaced all of that old equipment.You should have no problem exceeding the division’shistorical rate. I’ll check with you at the endof each quarter to see how you are doing.” Fortnercalled…Q5) what do you understand by rational decision making? How and what accepts will and should be used while reaching a decision? Part II) What is bounded reality decision? Why is bounded reality important and how can it be used to achieve a good result in achieving a rationally bounded reality? f7 num k 8 $ % & 3 4 5 6 7 8. 9. 4 R Y 2 3 + ||REQIRED QUESTION 1, and 2,
- Decision Under Uncertainty The digital television service company TV-más is facing a significant problem of customer loss in recent months, in particular, customers of the Home plan, which consists of an annual subscription whose value is $200 and that allows you to watch more than 40 high definition television channels. The company has prepared a list of clients who have decided that once the subscription has ended, they will not contract the service again, since, among several reasons , they maintain that the company does not treat its clients well. Considering customer opinions, the company has thought of a plan so that customers who have decided not to renew can reverse their decision and subscribe to the service for one more year. The plan consists of giving a gift to customers who have decided not to renew in order to show concern for them. The gift consists of a set of kitchen pots, with the company logo, which costs the company $50. According to information from a pilot plan…2. Beech Company made the following expenditures relating to Product FG. Legal cost to file a patent on Product FG. Production of the finished product would not have been undertaken without the 25,000 patent. Special equipment to be used for development of Product FG. The equipment has an estimated useful life of four years. Labor and material costs incurred in producing a prototype model Cost of testing the prototype Trouble shooting breakdown during production. Cost of routine on-going effort to refine, enrich or improve quality 200,000 750,000 78,000 38,000 86,000 of Product FG. Required: a) What is the total cost that should recorded as research and development cost? b) What is the total cost that should be part of Intangible assets? c) What is the total cost that should be part of operating expense?4.29. The demand for all-terrain bicycles had been steadily increasing since 1989. In the following table are the sales per quarter of mountain bikes produced by Canyon and Cactus Cycles since the second quarter of 1989. (a) Plot the data and verify that the model for linear trend is acceptable. Draw a line through the plotted data and obtain a visual estimate of a and b. (b) Estimate the parameters of the model in preparation for double exponential smoothing. (c) Forecast sales for the third quarter of 1996 using these initial estimates. (d) Forecast sales for the fourth quarter of 1996 using alpha 0.3 and beta = 0.25 if sales in the third quarter of 1996 were equal to 234. (e) Use linear regression to estimate the parameters and forecast the third quarter of 1996.
