Suppose that in September 2018 a company takes a long position in a contract on May 2019 crude oil futures. It closes out its po

Answer:

c. Sparkling water, evening wine tasting, four-star hotel restaurant

a. You need to persuade your coworkers to embrace a new software program that they find confusing.

b. You need to let go of your receptionist.

c. You are dispatching a past-due notice on an account.

Explanation:

In the first question, sparkling water, evening wine tasting, and dining at a four-star restaurant are specific items that align with the examples of food and drink and $100/night four-star accommodations from the scratch list.

In the subsequent question, a manager applies indirect strategies when conveying uncomfortable news to staff in a manner that minimizes negative psychological effects. For instance, informing someone about the termination is distressing and should be relayed indirectly, beginning with an explanation and positioning the primary information at the end of the message

Rhanda Merchandising Inc. Income Statement Total revenue $2,980,000 -Cost of goods sold ($1,520,828) Gross profit $1,459,172 -Depreciation expense ($250,000) Operating profit $1,209,172 Gain on condemnation of company property $266,000 -Loss of assets from meteor strike ($656,000) Income from continuing operations before taxes $819,172 -Income taxes ($207,000) Income from continuing operations after taxes $612,172 Gain from discontinued operations $755,000 -Loss from discontinued operations ($475,000) Net income $892,172

Answer:

D. Foreign Subsidiary

Explanation:

A Foreign Subsidiary is a firm that's either partially or fully owned by a larger corporation headquartered in a different nation. This indicates that the company did not organically establish development or begin operations in the nation where it operates. Establishing foreign subsidiaries is a key method for entering international markets, which entails significant risk and commitment compared to other methods listed in the question, due to considerations like costs and time for setting up a foreign subsidiary, compliance issues, tax obligations, immigration regulations, and securing office space and employee accommodations. These factors are less of a concern in joint ventures, strategic alliances, or franchising when seeking to enter international markets.

Answer:

a) the small bus

b) the medium or large bus

c) the small bus

Explanation:

a) using the maximin criterion, the manager aims to maximize the least possible profit (a pessimistic approach), which results in the following profits:

Bus size Demand

Low Medium High

Small 50 60 70 → minimum profit = 50

Medium 40 80 90 → minimum profit = 40

Large 20 50 120 → minimum profit = 20

Thus, the optimal choice yielding the highest minimum profit is the small bus.

b) applying the maximin criterion, the manager will seek to minimize potential maximum losses, determining losses based on the best profit scenario:

Bus size Demand

Low Medium High

Small 0 -20 -50 → maximum loss = -50

Medium -10 0 -30 → maximum loss = -30

Large -30 -30 0 → maximum loss = -30

Hence, the option that bears the least maximum loss is either the medium or large bus.

c) for calculating the expected value of each option:

small = 30/100*50 + 30/100*60 + 40/100*70 = 61

medium = 30/100*40 + 30/100*80 + 40/100*90 = 72

large = 30/100*20 + 30/100*50 + 40/100*120 = 69

The small bus turns out to be the best choice, as it has the highest expected profit.

Answer:

The question is rephrased to include the options:

A. The production order quantity model applies under conditions where the basic EOQ model's assumptions hold true, except that receiving is not instantaneous.

B. Average inventory exceeds half the quantity of production order.

C. Due to the non-instantaneous receipt, some items are used immediately rather than being stored.

D. All other things being equal, a lower demand rate to production rate ratio results in a smaller production order quantity.

E. All options are true.

The right answer is option B, "Average inventory is more than one-half of the production order quantity."

Explanation:

Having inventory allows for a division within the production stages, separating finished products from those that are not yet completed, potentially generating income for the company.

An average inventory will be less than half of the production order quantity.

The production order quantity model allows for gradual receipt of orders rather than a single bulk delivery.

This model aids companies in managing their inventory holding costs and average fixed ordering expenses, ultimately helping them to check and reduce inventory costs and providing clarity on appropriate production quantities at any time.