In a department meeting, Jamira engages in a thoughtful dissent aimed at constructively challenging her manager, Shivana, to ret

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

indicating a 20% chance of becoming a partner

Answer:

$5,000 Schedule A (Itemized Deductions)

Explanation:

Solution

Recall that:

George's total income amounts to =$5000

Property taxes equal =$3000

Operating costs are =$1500

Depreciation amounts to =$800

Now

Typically, according to the IRS guidelines, expenses incurred from a hobby are only allowable to the extent of the income generated by that hobby. Since a hobby is for personal enjoyment rather than profit, it cannot be classified as business profit and loss

Thus, George's deductible expense for the year totals $5,000 and should be reported on Schedule A (Itemized Deductions).