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![QUESTION 3
Which of the following refers to a short run phenomenon?
economies of scale
diseconomies of scale
diminishing returns
constant returns to scale](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F43376af4-f97a-4ada-a0c5-f3c38584d133%2F01c0e64d-0e21-42f3-8eb8-41b1e105eb8c%2Fxy789zr_processed.jpeg&w=3840&q=75)
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- 06 Mention some drawbacks of the Linear Model?Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been running out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. I Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. II. Show how Mr. Ferdinand can test the accuracy of his forecast. II. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef.P FRag question The public policy represents government intervention to correct public problems Select one: O True O False
- Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been rumning out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. I. II. Show how Mr. Ferdinand can test the accuracy of his forecast. III. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef. 日正QUESTION 22 When Nike's customers trigger events in its supply chain by ordering a customized product, then the supply chain management is considered: O pull-based model push-based model Best-guesses model Build-to-stock2. Say whether the following variances are favourable (F) or adverse (A) Variance/ reason for variance machine breakdown non-availability of material illness wage rate increase unforeseen discounts received greater care taken in purchasing change in material standards price increase careless purchasing output produced more quickly than expected because of work motivation better quality of equipment or materials production more than budgeted F/A
- Enabled: Test II Saved Help Save & Exit 39 A company that handles hazardous waste wants to minimize the shipping cost for shipments to a disposal center from five receiving stations it operates. Given the locations of the receiving stations and the volumes to be shipped daily, determine the location of the disposal center. (Round X and Y to 2 decimal places.) Location of Processing Station, (x, y) 9,5 4,10 7,7 2,8 ces 4,7 Volume, Tons per Day 28 9 20 25 30 Click here for the Excel Data File ere to search 6 75°F Partly cloudy 8 9 R T Y G H K CVBNM O alt P ctri pauseQ15) Cost management system is used for measuring inventory and cost of goods sold for external shareholders. Select one: True FalseQUESTION 2 The warehouse manager maintains physical inventory records as well as the accounting records. With respect to the Fraud Triangle, this circumstance is an example of: O Incentive. Rationalization. O Verification. O Opportunity.
- Q4) Define the following concepts with example. Market Potential Sales Potential Market ShareA market is people or organizations with needs or wants and with the ability and the willingness to buy. Question 30 options: True FalseQUESTION 2 In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of $60. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past, what is the test statistic? (please round your answer to 2 decimal places)
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