Provide the following: labor productivity of Old and New System (shopping cart per dollar of labor) AFP of Old and New System
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Provide the following:
labor productivity of Old and New System (shopping cart per dollar of labor)
AFP of Old and New System
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- 36. This risk stems from the unavailability of raw materials, IT, skilled labor, facilities, or other resources that threaten the organization's ability and capacity to continue operations. Group of answer choices None of the choices Product or service failure risk Availability risk Business interruption risk Commerce riskThe director of surgery at a local hospital is interested in understanding his unit’s costs. An assistant collected data for the past 36 months on unit cost (labor, supplies, and so on) along with the number of procedures performed in the unit. The assistant analyzed the data using a spreadsheet program, and the following output was generated. Equation Intercept $ 1,013,000 Coefficient on procedures $ 210 Statistical data Correlation coefficient 0.553 R2 0.303 The unit is planning to perform an average 13,500 procedures per month for the coming year. Required: a. Use the regression output to write the surgical unit cost equation. b. Based on the cost equation, compute the estimated costs for the surgical unit per month for the coming year. c. The director of surgery has asked you for advice on whether he should rely on the estimate.Develop a spreadsheet for question. Suppose instead that Method A recieved a score of 3 for safety. Would your recommendation change under these circumstances?
- What type of time-series components would you expect for the following products and services?a. Monthly sales of a retail florist.b. Monthly sales of milk in a supermarket.c. Daily demand in a call center.Daily high temp in st louis for the last week were as follows: 93,92,94,95,88,95 (yesterday) a)The high temp for today using a 3-DAY moving average=[__] degrees (round your response to one decimal place)COMPUTATIONAL PROBLEM (Values for a Control Chart) A company that makes balloons controls its production process by periodically taking a sample of 100 balloons from the production line. Each balloon is inspected for defective features. During the last 6 samples taken, the proportion of defective items per sample was recorded, as shown in the image above. Which answer below is correct for the center line, the upper control limit, and the lower control limit, respectively (meaning, in that order)? You will need to carry 4 decimal places in your computations. Sample # Percent Defective 1 .02 2 .01 3 .04 4 .03 .01 .02 5 6
- Explain or define each of these terms:c. Expected value36. Describe how a well-planned receiving and storage program contributes to cost and quality control.Relevant Costs and Quality Improvement Lightening Bulk Company is a moving companyspecializing in transporting large items worldwide. The firm has an 85% on-time delivery rate.Thirteen percent of the items are misplaced and the remaining 2% are lost in shipping. On average,the firm incurs an additional $65 per item to track down and deliver misplaced items. Lost items costthe firm about $300 per item. Last year, the firm shipped 6,000 items with an average freight bill of$200 per item shipped.The firm’s manager is considering investing in a new scheduling and tracking system costing$125,000 per year. The new system is expected to reduce misplaced items to 1% and lost items to0.5%. Furthermore, the firm expects total sales to increase by 10% with the improved service. Theaverage contribution margin ratio on any increased sales volume, after cost savings associated witha reduction in misplaced and lost items, is expected to be 37.5%.Required1. Based on a relevant cost analysis, should…
- Please do not give solution in image formate thanku. Avis Company is a car rental company that is located three miles from the Los Angeles airport (LAX). Avis is dispatching a bus from its offices to the airport every 3 minutes. The average traveling time (round-trip) is 10 minutes. a.How many Avis buses are traveling to and from the airport? (Do not round intermediate calculations. Round your answer to 1 decimal place.)Explain or define each of these terms:d. Expected value of perfect informationIdentify an organization that could benefit from the application of the I/O MODEL OF ABOVE-AVERAGE RETURNS