Quantitative Analysis Task 5 Competency 309.3.3: Expected Value Decision Analysis Task A. Expected Value for each decision Develop New Product Decision Brach 1 – Develop Thoroughly EV if Market reaction is good= $500.000(0‚ 4)= $200.000 EV if Market reaction is moderate= $25.000(0‚ 4)= $10.00 EV if Market reaction is poor= $1.000(0‚2)=$200 Total EMV=$200.000+$10.000+200= $210.20 Decision Brach 2 – Develop Rapidly EV if Market reaction is good= $500.000(0‚ 1)= $50.00 EV if
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Part One Changes in DNA Understanding - a Continuing Process INT - Task 1 Understanding Genetics a Timeline of DNA Science ● ● ● ● ● ● 1700’s - it is believed that all traits are acquired. Example - a giraffe has a long neck due to stretching to reach the leaves in the taller trees. 1800’s - Carl Linnaeus classified by visible traits. 1866 - Gregor Mendel‚ through pea plant breeding and research; discovered that traits are inherited not acquired- before anyone knew or understood anything about
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A.1.a. Average materials cost per unit Probability distribution of material cost per unit Material Cost Probability Cumulative Probability Material cost per probability 33 0.04 0.00-0.04 1.32 35 0.05 0.04-0.09 1.75 38 0.12 0.09-0.21 4.56 39 0.79 0.21-1.00 30.81 Total 1.00 38.44 Average material cost per unit = (33*0.04) + (35*0.05) + (38*0.12) + (39*0.79) = $38.44 Simulation results A.1.b. Average labor cost per unit
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Children from the age of 5-7 years old are taught this specific curriculum.”Statutory services are usually free of charge. A good example is this is a school. The government is legally obliged to provide schools for children to pay money to local authority or in some cases directly to the school for their running” (Tassoni etal‚ 2010‚ pg 4). An example of a statutory setting in my area is a school. Schools provide a range of subjects in education for children from the age of 5-16 years old. A school
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Task 6 Maintaining a good relationship needs a lot of information for it to work‚ it is essential for the parents to be involved as they are the MOST important person in the child’s life. Without communication and information a small problem can quickly turn into a large problem which will be more difficult to solve. The parents are the ones that know their child the best and also hold the key to all their little ways. We as childminders help the children to develop to their best potential‚
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Running head: SZT1 Task 1 SZT1 Task 1 Western Governors University Community description and data interpretation Kootenai County is located in Northern Idaho in what is known as the state panhandle. The county is 1310 square miles including over 70 square miles of water and 245‚000 acres of National forest (“Kootenai County‚ Idaho”). Kootenai County boasts an excess of over twenty pristine lakes which is one of the many reasons this area is
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in total revenue by the change in output quantity. 1. Marginal revenue in this situation increases when one (1) widget is sold. After the one (1) widget is sold as the quantity increases the marginal revenue decreases by ten (10). C. Marginal cost is determined by taking the change in total cost and dividing it by the change in quantity. 1. Marginal cost stays constant between widget when the output quantity is one (1) and output quantity is two (2). The marginal cost increases
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change in the total revenue from an additional unit that is sold by a firm. Example‚ the total revenue when 10 units are sold is $50‚ and total revenue when 11 units are sold is $55. Marginal Revenue in this case will be (55-50)/(11-10) = $5. One can compute the total revenue if the marginal revue and the number of units sold. If the marginal revenue of a product is zero than the total revenue will not change with an increase in the number of units sold. Marginal Cost: Marginal Cost can be termed
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Running Head: KOT 1 KOT 1 Task 2 734.3- Organizational Systems & Quality Leadership 734.3.4: Healthcare Utilization and Finance A1. MEDICARE PART A The discussion with Mrs. Zwicks’s daughter about coverage requirements needs to be informative and easy to understand so she can help explain it to her mother. Medicare part A is hospital coverage for inpatient stays. This particular part of Medicare covers critical access hospitals‚ inpatient rehabilitation facilities‚ and long
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Task 1 The current legislation for home based childcare is every child matters. (Children’s Act 2004) (To be safe (To be healthy ( To enjoy & achieve ( Make a positive contribution and (Achieve economic well being. The role of regulatory bodies is to inspect childcare places. They are called Ofsted. They register & inspect childcare providers including child minders and nannies. They will inspect you and your setting if you are looking after children under 5 years. You can call the local authority
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