Average utilities cost per unit Probability distribution of utilities cost per unit Utilities Probability Cumulative Probability Utilities cost per unit 3 .43 0.00-0.43 1.29 4 .48 0.43-0.91 1.92 6 .09 0.91-1.00 .54 Total 1 3.75 Average utilities cost per unit = (3*.43) + (4*.48) + (6*.09) = $3.75 Simulation results A.1.d. Average total cost per unit Average cost per unit = Average material cost + average labor cost + average utilities cost 38
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of nature would be a moderate market reaction with a probability of .4 and predicted gains of $25‚000. The third state of nature is a poor market reaction with a probability of .2 with predicted gains of $1‚000. The expected monetary value (EMV) is determined by multiplying the probability in each state of nature by the predicted gains and then adding sums of each state of nature. The EMV (Developing thoroughly) =.4(500‚000) +.4(25‚000) +.2(1‚000) =210‚200 The second branch of the decision tree we
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Legal and Ethical Issues to using business information LEGAL ISSUES ARE VARIOUS ITEMS OF LEGISLATION THAT PROTECTS THE USE OF BUSINESS INFORMATION. DATA PROTECTION ACT 1998: Many business and shops have information about people. This act protects the information held about them to be misused. FREEDOM OF INFORMATION 2000: this act provides individuals the right to request information from a public authority. The public authority has to inform the applicant if they have the information which must
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BTEC EDEXCEL LEVEL 5 HND IN BUSINESS UNIT 4: MARKET PRINCIPLES DATE: 17/07/2013 Submitted by Elena Diana TABLE OF CONTENTS INTRODUCTION……………… 3 TASK 1.…………………………. 4 TASK 2.…………………………. 6 TASK 3………………………….. 8 TASK 4………………………….. 11 CONCLUSION…………………. 14 REFERENCES…………………. 15 INTRODUCTION Invented in 1886 by John Pemberton‚ Coca Cola recipe has a long history behind. In this days Coca Cola brand
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QAT1 Task 3 309.3.1-06‚ 07 A – A1. Economic Order Quantity Model (EOQ) The Economic Order Quantity Model will allow an organization to determine the optimal volume of inventory to order at a given time. The EOQ model provides the most optimized approach to inventory ordering as it considers‚ demand‚ ordering cost‚ and holding costs; to develop the volume of inventory to be ordered to maintain to minimum annual cost (Render‚ 2012). Equation: Variables: Q* = optimal number to order D =
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QAT1 Task 4 Western Governors University ID# A. Company A 1. Determine expected completion times for each project activity. T= (Optimistic + 4Probable + Pessimistic)/6 A. T=(2 + 4(3) + 4)/6 –OR -- T=3 B. T=(5 + 4(6) + 13)/6 – OR – T= 7 C. T=(3 + 4(4) + 8)/6 – OR – T=4.5 D. T=(10 + 4(11) + 15)/6 – OR – T=11.5 E. T=(4 + 4(5) + 6)/6 – OR – T= 5 F. T=(8 + 4(10) + 12)/6 – OR – T=10 G. T= (4 + 4(6) + 11)/6 – OR – T= 6.5 H. T=(8 + 4(10) + 18)/6 – OR – T= 11 I. T= (3 + 4(6) + 12)/6 – OR – T= 6.5
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TASK 5 METHOD Because of the delivery situation outlined in task 4‚ the manager of the store decided to look to other options to best use the supplies he has been sent. In this task calculations were performed to see which one type of nut mix was the most appropriate to make to use up as many of his nuts as possible. From Task 4 we know that there are 1360kg of peanuts‚ 1260kg of cashews and 2000kg of macadamias. CALCULATIONS a) Making all Budget Mix Case 1: We have 1360kg of peanuts‚ 1260kg
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workspace. The engineer’s desk is always cluttered and sometimes piled high with papers or memos‚ so a low-medium rating seems justified. It is more difficult for the manager to give a rating on attitude. The engineer always seems to complete important tasks as needed‚ and they are usually done well; however‚ the engineer frequently demonstrates a poor attitude toward co-workers and does not pay close
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WESTERN GOVENOR’S UNIVERSITY Community and Health Nursing Task 4 Marie Lickliter 08/07/2013 The role of the major public health personnel includes assessing the immediate health needs and identifying the potential risks in the community. There are several team members who work together to accomplish this common goal. Team members provide epidemiology‚ environmental‚ medication services‚ food delivery‚ and sanitation services. The public health nurse’s role is to assess the immediate
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EGT1 TASK 4 “Americas Best Tae Kwon Do expands into South Korea”. Martial Arts organization teaching men‚ Women‚ and Children in the United States desires to open a “Dojang” or “Training Hall” in South Korea offering World Class Martial Arts and Competition training. A. Cross Cultural Differences: 1- Language barrier. 2- Curriculum validation/certification. 3- Country of Origin of retail goods. Language Barrier for Americas Best staff. In order to be accepted by local citizens
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