What is a possible constraint of a research plan?
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Q: Knowing that people have a tendency to engage in social loafing when they think there are other…
A: SolutionStep 1:To study the tendency of the people to engage in social loafing when they think there…
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Q: Knowing that people have a tendency to engage in social loafing when they think there are other…
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Q: The new business venture, Best-In-World, has been manufacturing technology devices for over 20 years…
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Q: Based on the following sensitivity report, what would be the change in the objective function value…
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Q: why is it a good idea to apply a constraint the regression coefficient
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Q: The new business venture, Best-In-World, has been manufacturing technology devices for over 20 years…
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Q: Which of the following is the null hypothesis? Those alone will not differ in their pulling strength…
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What is a possible constraint of a research plan?
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- An Investec analyst is looking to invest R180,000 in hopes of getting the highest return possible. There are four investment options available: bonds, mutual funds, stocks, or a savings account yielding interest. The bonds give a 4% annual return, mutual funds give an 9% return, stocks give a 12% return, and the savings account gives a 3% return with all investments being subject to risk. To control for risk, the following constraints are put into place: a) No more than 12% of the total investment can be put into stocks. b) At most 30% must be invested in mutual funds and/or the savings account. c) The amount put in the bonds must be no more than the amount put into the other investments combined. d) The ratio of money invested in mutual funds to the amount invested in stocks and the savings account should be at least 2 to 1. e) All the R180,000 must be invested and no shorting is allowed. Formulate a linear programming model for this problem to get the highest return (i.e., Define…Types of Compensation People don't work for free, and how much employees are paid for their work is a complicated issue. Also, designing a fair compensation plan is an important task because pay and benefits represent a substantial portion of an organization's expenses. Wages that are too high may result in the company's products being priced too high, making them uncompetitive in the market. Wages that are too low may damage employee morale and result in costly turnover. Financial compensation falls into two categories: wages and salaries. Additionally, there are three common types of financial incentives: commission, bonuses, and profit sharing. Read the statements describing compensation attributes and the various employee examples and select the most appropriate form of compensation each describes. 1.Paid by the Hour-Employees receive these financial rewards in return for the number of hours they have worked. Wages 2. Frank's Overtime Pay-Frank works overtime at the factory right…Abstract To cooperate effectively, both in small-scale interactions and large-scale collective-action problems, people frequently have to delay gratification (i.e., resist short-term temptations in favor of joint long-term goals). Although delay-of- gratification skills are commonly considered critical in children’s social-cognitive development, they have rarely been studied in the context of cooperative decision-making. In the current study, we therefore presented pairs of children (N = 207 individuals) with a modified version of the famous marshmallow test, in which children’s outcomes were interdependently linked such that the children were rewarded only if both members of the pair delayed gratification. Children from two highly diverse cultures (Germany and Kenya) performed substantially better than they did on a standard version of the test, suggesting that children are more willing to delay gratification for cooperative than for individual goals. The results indicate that from…
- Knowing that people have a tendency to engage in social loafing when they think there are other people around to take some of the burden, researchers think that knowing they are “alone” versus “together” will impact the way a participant performs during a tug-of-war task. In the “alone” condition, participants are blindfolded and asked to pull as hard as they can on a rope against another participant on the other end. In the “together” condition, participants are once again blindfolded and told to pull as hard as they can. However, they are led to believe that there are three people on each end of the rope (they have two team additional team members to help them). The researchers find that those in the “alone” condition pull much harder (as measured by a weight sensor that measures pounds per square inch on a scale from 0 to 500 pounds) than those in the “together” condition. Which of the following is the independent variable? Pulling strength Weight sensor Social loafing…Once QBA 362 final exam is done, it will be time to reward Professor Hong with a well-deserved vacation. As a state employee, professor Hong hasn’t seen a raise since... well, ever.Thus, an important criterion, in fact the most important criterion is to find an exoticregion that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest. Professor Hong has determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below. (Remember they are costs. Lower is better. For example, the most optimistic case is the one with lowest cost.) Region Strong Dollar Middling Dollar Weak Dollar Eastern Europe 33 54 57 Southeast Asia 41 56 36 Australia 45 44 58 Galapagos Islands 37 35 26…Pp# 10: can you help me solve and understand this practice problem please? The first three only, A step by step explanation would be appreciated. Thank you!
- The new business venture, Best-In-World, has been manufacturing technology devices for over 20 years and is considering adding a new technology device to its music line. They have an established reputation for building quality devices, but they are rather novice in the music industry. The Chief Innovation and Design Officer, Julie Naugle-Hall, is tasked with hiring a marketing firm to conduct a survey to determine the feasibility and demand for their new music device. The follow decision table illustrates the potential payoffs for a high demand, moderate demand and low demand for the new music device. The decision will be whether to start production on this new device in small scale, large scale or not at all. Alternatives Answer Small-scale production Large-scale production No production Probabilities Step 2 of 3: What is the Expected Value with Perfect Information? $ Decision Table High Demand 850,000 1,700,000 0 0.20 State of Nature Moderate Demand 300,000 700,000 0 0.50 Low Demand…Refer to the following sensitivity report: Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 5 2 1E+30 $B$3 Product_2 175 0 7 1E+30 1 $B$4 Product_3 0 −1.5 9 1.5 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700 If the objective function coefficient for Product_1 were increased to a value of 8, which of the following would be TRUE? The optimal solution would change. The optimal objective function value would stay the same. Product_1 would enter the solution (the final value of the variable Product_1 would be greater than zero). A. 1 only B. 2 only C. 3 only D. 1, 2 and 3 E. Only 1 and 3The new business venture, Best-In-World, has been manufacturing technology devices for over 20 years and is considering adding a new technology device to its music line. They have an established reputation for building quality devices, but they are rather novice in the music industry. The Chief Innovation and Design Officer, Julie Naugle-Hall, is tasked with hiring a marketing firm to conduct a survey to determine the feasibility and demand for their new music device. The follow decision table illustrates the potential payoffs for a high demand, moderate demand and low demand for the new music device. The decision will be whether to start production on this new device in small scale, large scale or not at all. Alternatives Answer Small-scale production Large-scale production No production Probabilities Decision Table High Demand 850,000 1,700,000 0 0.20 State of Nature Moderate Demand 300,000 700,000 0 0.50 Low Demand -700,000 -1,000,000 0 0.30 Step 3 of 3: How much should Julie be…
- “Assignment problem is a special case of transportation problem where the number of sources is equal to the number of destinations and each capacity as well as requirement value is exactly one.” To discuss on the above statement.The new business venture, Best-In-World, has been manufacturing technology devices for over 20 years and is considering adding a new technology device to its music line. They have an established reputation for building quality devices, but they are rather novice in the music industry. The Chief Innovation and Design Officer, Julie Naugle-Hall, is tasked with hiring a marketing firm to conduct a survey to determine the feasibility and demand for their new music device. The follow decision table illustrates the potential payoffs for a high demand, moderate demand and low demand for the new music device. The decision will be whether to start production on this new device in small scale, large scale or not at all, Alternatives Answer Small-scale production Large-scale production No production Probabilities Step 1 of 3: Calculate the EMV for each alternative. Decision Table High Demand 900,000 1,500,000 0 0.25 EMV (small-scale) = = S EMV (large-scale) = = $ EMV (no production) = S State of…