Prescriptive analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all flights allowing an airline company to maximize revenue.
What do you mean by Prescriptive analytics?
Prescriptive analytics is the technique of the usage of information to decide an optimal direction of action. By thinking about all applicable factors, this form of evaluation yields pointers for subsequent steps.
Because of this, prescriptive analytics is a treasured device for information-pushed decision-making.
Therefore, Prescriptive analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all flights allowing an airline company to maximize revenue.
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All powder laundry detergent is packaged in small 2 oz. packets so it will be more affordable for low-income consumers. All detergent convenience packets are small enough to be sold in vending machines to make them handy for students on a tight budget living on campus. This is an example of _______.
An example of an Income segmentation is when the detergent is packaged in different size for different class of people.
What is an Income segmentation?These aspect of segmentation involves segmenting people based on what they earn and how much disposable income they have
Therefore, the example of an Income segmentation is when the detergent is packaged in different size for different class of people.
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If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materials were used and $25,000 of direct labor was required, what was the total cost of the job?
The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.
What is meant by total cost?Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.
Given values:
Cost of direct materials: $50,000
Cost of direct labor: $25,000
Cost of overheads: $12,500 ($25,000 X 50%)
Computation of total job cost:
[tex]\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500[/tex]
Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.
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The bottom-up approach to calculating OCF starts with Blank______. Multiple choice question. depreciation net income total sales tax liability
The bottom-up approach to calculating OCF starts with net income. Thus the 2nd option is correct.
What is OCF?The full form OCF is Operating cash flow which refers to the generation of the cash during the normal course of the business. It involves the cash generated by the company through the operating activities.
The operating cash flow is calculated through total revenue or the income of the company minus the operating expenses of the company. In order to calculate the operating cash flow all the operating expenses must be deducted.
Thus the 2nd option is correct.
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Which type of investment would be an example of an
investment at point B?
* a US savings bond
O a CD
O a stock
O a savings account
The intrinsic nature of the work is the most important predictor of _________ and employee well-being.
The intrinsic nature of the work is the most important predictor of Turnover job satisfaction and employee well-being.
What is Job satisfaction?Job satisfaction can be regarded as the contentment of employees with the tasks that are involved in a particular job.
Therefore, intrinsic nature of the work is concerned with how the employee Will be satisfy with the work.
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If an increase in the price of good e leads to a large decrease in the demand for good f, what is the relationship between the two goods?.
Goods E and F are probably complimentary goods if a rise in the price of item E results in a significant fall in the demand for good F.
Thus, When two products are used or consumed together, they are said to be complementary.
The fact that demand for one product declines as the price of the other good rises shows that the two goods are frequently consumed together and that a change in one good's price has the opposite effect on the demand for the other.
If good E is coffee and good F is creamer, for instance, a rise in the price of coffee (good E) may result in a drop in the demand for creamer (good F), since consumers may decide to buy less coffee.
Thus, Goods E and F are probably complimentary goods if a rise in the price of item E results in a significant fall in the demand for good F.
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identify the statement in the passage that reflects unethical behavior.
judy had been working as a manager at a company that manufactured mobile phones. over the past couple of years, her company smartphone market. judy created a six-month plan that could potentially revive her company and make it one of the top players in she suggested that all the technical employees, such as the product developers and software engineers, be asked to sign contract: contracts, the employees would be bound by a confidentiality agreement stating that they couldn't discuss the company's technolc she also created a plan where the quality standards of the company would be brought up to industry standards. she suggested hi professionals to oversee the current quality standards. she created a price plan where her company would sell their phones at a much lower price to push the competition out of the mal the prices once it had control of the market. finally, she drafted a post-sales service policy where customers would be asked if they wanted to acquire full insurance coverage f company).
The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision
What is unethical behavior?Unethical behavior are behavior by an employee that is against the ethics of the company.
Each organization has a guide that helps in regulating the company.
Therefore,The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision
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Answer:
she created a price plan where her company would sell their phones at a much lower price to push the competition out of the way.
Explanation:
plato
Marginal cost is equal to average total cost when a. average variable cost is falling. b. marginal cost is at its minimum. c. average total cost is at its minimum. d. average fixed cost is rising.
Answer: C
Explanation: average total cost is at its minimum
Your neighbors build a high-quality addition to their home, increasing its value compared to your own home's value. because of this, you notice a bump in your property value. which economic principle is at work here
The economic principle is at work here regarding the house is known as progression.
What is an economic principle?It should be noted that economic principle simply means the laws and theories that explain and economic situation.
In this case, the economic principle is at work here regarding the house is known as progression.
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The _____ approach for constructing a WBS involves refining the work into greater and greater levels of detail.
The bottom-up top-down mind mapping approach for constructing a WBS involves refining the work into greater and greater levels of detail.
What is Mind Mapping?
This refers to the graphical depiction of ideas and concepts that helps to organize information.
Hence, we can see that when constructing a WBS, it is important to use the bottom-up top-down mind mapping approach so that there would be more detail in the work.
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Efficiency is ________, while effectiveness is ________.
Efficiency is the ability to produce the result with minimal utilization of resources to get maximum benefits, while effectiveness is the ability to produce a better result.
What is Efficiency?Efficiency is the ability to work with the least usage of resources in the best possible manner, which means with the minimum usage of resources we get maximum benefits.
Thus, efficiency is the ability to produce the intended result in the best possible manner with the least waste of resources, time, and effort, while effectiveness is the ability to produce the best result that delivers more value or achieves a better outcome.
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A luxury-home designer has built a dishwasher that is connected to a cabinet and uses mechanical arms to pick up clean dishes and move them into the cabinet. Many consumers love the product, but they say they it is too expensive. Nevertheless, the company has tested the product in many situations and found that it never breaks a dish. What issue does the designer most likely need to improve in order for the dishwasher to be a good product to sell
The issue the designer most likely need to improve in order for the dishwasher to be a good product to sell is: Cost effective and should be of good quality.
Cost effectiveSince the dish washer is of good quality and does not breaks dish. What the designer need to improve on is to make the dish washer affordable for people.
Reason being that consumers love the product but they say the product is expensive.
Therefore the product should be cost effective.
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Answer:
C. affordability
Explanation:
D was wrong on the quiz
In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies input availability is a constant concern. This is because multiple choice in command economies, no market-pricing mechanism exists to incentivize resource suppliers to increase resource availability when a shortage occurs. in market economies, buyers of inputs can choose what price they are willing to pay for the inputs. in market economies, buyers of inputs know that consumers want to purchase the product. in command economies, input availability is determined by central planners who may not correctly respond to consumer demand
In market economies, firms rarely worry about the availability of inputs to produce their products because, in market economies, buyers of inputs know that consumers want to purchase the product.
What is a market economy?A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.
In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.
Therefore, C is the correct option.
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________ is a corporate-level strategy that involves a company entering an industry it was previously not associated with in order to produce and distribute new kinds of goods and services.
Answer:
Backward vertical integration
Explanation:
Brainliest please? I'm only one away from next rank
Layton Company purchased tool sharpening equipment on October 1, 2012, for $108,000. The equipment was expected to have a useful life of three years, or 12,000 operating hours, and a residual value of $7,200. The equipment was used for 1,350 hours during 2012, 4,200 hours in 2013, 3,650 hours in 2014, and 2,800 hours in 2015.Required: Determine the amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, by:(a) the straight-line method,(b) units-of-output method, and(c) the double-declining-balance method.Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.
The amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company is determined as follows:
(a) the straight-line method:2012: $33,600
2013: $33,600
2014: $33,600
2015: $0
(b) the units-of-output method:2012: $11,340 (1,350 x $8.40)
2013: $35,280 (4,200 x $8.40)
2014: $30,660 (3,650 x $8.40)
2015: $23,520 (2,800 x $8.40)
(c) the double-declining-balance method:2012: $71,993 ($108,000 x 0.6666)
2013: $24,002 ($36,007 x 0.6666)
2014: $4,805 ($12,005 - 7,200))
2015: $0
Data and Calculations:Cost of equipment = $108,000
Useful life = 3 years
Operating hours = 12,000
Residual value = $7,200
Depreciable amount = $100,800 ($108,000 - $7,200)
Straight-line depreciation rate = $33,600 per year ($100,800/3)
Units-of-output method rate = $8.40 per hour ($100,800/12,000)
Double-declining-balance method rate = 66.6666 (100/3)
Thus, the depreciation expenses for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company have been determined using (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method.
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Jeff, the owner of a business, withdrew $100 from the business for personal use. How would this affect the total equity of his business
Answer:
Jeff invests an additional $100 into his company from his personal checking account. How would this affect the equity of his business? Common stock would be increased and total equity would also increase J. Brown paid $40 to its stockholders.
The owner has effectively withdrawn part of their equity as inventory. The drawings account is a temporary account and is cleared at the end of each year either by a debit against the capital account, repayment by the owner or against the salary of the owner, depending on the circumstances of the original goods withdrawal.
Explanation:
Jeff, the owner of a business, withdrew $100 from the business for personal use. His total equity will get reduce. and his withdrawal from the business would rise.
What is a business?A business is an organization that engages in commercial, industrial, or professional activities with the aim of earning a profit. The businesses come in various sizes and forms, including sole proprietorships, partnerships, corporations, and limited liability companies.
The primary objective of most businesses is to create and deliver products or services that meet the needs or wants of their customers while generating revenue and profits for the owners or shareholders.
Jeff who is the owner of a business. If he withdrew $100 from the business for personal use. His total equity will get reduce.
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Taking control of admin functionality and misusing sensitive data that are unauthorized to access are due to:.
Taking control of admin functionality and misusing sensitive data that are unauthorized to access are due to:. Broken access.
What is admin functionality?This has to do with all of the functions that are associated with a person that is in charge of the data in the organization.
Hackers may taken over the access of a sensitive information and use it for the wrong purposes.
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The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method which expenses an asset over a single year because capital acquisitions must be expensed in the year purchased. is required by the SEC. is used for tax purposes. must be used for financial statement purposes.
The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.
What is depreciation?
Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.
Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.
Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.
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Find the a) amount, and b) compound interest. (From Example 1) Ramona Oden deposited $6,000 at 5.5% interest compounded daily for 25 days. 2. Chuck Lange deposited $6,000 at 5.5% interest compounded daily for 31 days.
Based on the amount deposited by Ramona and the interest rate, the amount would be $6,022.64 and the compound interest would be $22.64.
The amount for Chuck would be $6,027.18 and the compound interest would be $27.18.
What is the amount for Ramona?This can be found as:
= Amount x (1 + rate/compounding periods in a year) ^ number of periods
= 6,000 x (1 + 5.5%/365 days) ²⁵
= $6,022.64
The compound interest is:
= 6,022.64 - 6,000
= $22.64
What is the amount for Chuck?= 6,000 x (1 + 5.5%/365 days) ³⁰
= $6,027.18
Compound interest:
= 6,027.18 - 6,000
= $27.18
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Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is
As per the given question, the net cash provided by operating activities for the year is $33,000.
What is net income?Net Income refers to the sales minus cost of goods sold and other operating expenses.
The net cash provided by operating activities for the year is $33,000 (35,000+8,000-7,000-3,000).
Therefore, Net cash provided by operating activities for the year is $33,000.
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Type the correct answer in the box. Spell all words correctly.
Identify the art of advertising that the given scenario portrays.
Jim is renovating his boutique. He wants to redo the display area of his store. Jim is paying special attention to the placement of the merchandise throughout the store. He wants to display it in a creative, aesthetically pleasing manner to attract customers. Jim is engaging in________.
.
Answer: visual merchandising
Explanation: edmentum
The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources businesses sell resources and households sell goods and services businesses sell goods and services and households buy goods and services businesses sell resources and households buy goods and services
The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.
What is a product market?A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).
This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.
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Accounting assessment q15/15 assigning indirect costs to specific jobs is completed by _____.assigning indirect costs to specific jobs is completed by _____. applying a predetermined overhead rateapplying a predetermined overhead rate using the manufacturing cost incurredusing the manufacturing cost incurred allocating to manufacturing overhead accountallocating to manufacturing overhead account applying indirect costs to work in process
Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.
What are indirect costs?Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).
Indirect costs are overheads incurred as a result of a business activity but without direct impact. For example, utilities, office supplies, etc. are all indirect costs.
Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.
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Consider the information below for an individual:
Home valued at $250,000
Mortgage balance of $150,000
Auto worth $25,000
$15,000 auto loan
New household furnishings valued at $5,000
$4.500 loan for furniture
Retirement account of $45,000
$1,500 in emergency savings
$500 in checking
$1500 in a CD
$15,000 credit cards balances
$500 per month for student loans; current balance is $25,000
$100 per month gym membership
Using the information above, respond to all of the following:
1. Determine this individual's net worth. Explain.
2. Identify any expenses that are not liabilities.
3.Assume this individual decides to create a budget. What are the two components of a budget?
4.Assume this individual's friend decides to pursue postsecondary education. What are two types of financial aid that the friend could apply for that do not have to be repaid?
1. This individual's net worth is $119,000 ($328,500 - $209,500).
2. The non-liability payment is $100 per month for a gym membership.
What is a person's net worth?An individual's net worth is the difference between the assets and the liabilities.
The net worth can be positive (when the assets are worth more than the liabilities) or negative (when the liabilities are worth more than the assets).
Data and Calculations:Assets Liabilities
Home value $250,000 $150,000
Auto $25,000 $15,000
New household furnishings $5,000 $4,500
Retirement account $45,000
Emergency savings $1,500
Checking account $500
CD $1,500
Credit cards balances $15,000
Student loans $25,000
Totals $328,500 $209,500
3. Thus, the two components of this individual's budget are assets and liabilities.
4. The two types of financial aid that the friend could apply for without repayment are grants or scholarships.
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When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should:
When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should issue an opinion that is unmodified.
What is GAAP?The full form of the GAAP is Generally Accepted Accounting Principles in which the rules and regulations related to the financial accounting are written.
In the above case in which the Non public company is affected by the departure of the material then the auditors must issue the an opinion that is unmodified.
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write about the role of veterinarian in commercial milk and meat production.
Veterinarians provide livestock producers with information, advice and training on how to avoid, or control food safety hazards.
Who is a veterinarian?A veterinarian is a medical professional who practices veterinary medicine. They manage a wide range of health conditions and injuries in non-human animals.
In this case, veterinarians also provide livestock producers with information, advice and training on how to avoid, eliminate or control food safety hazards.
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Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him. He was bothered by their insistence that he modify the game by including a popular product's logo on the clothing of his main character. In this example, Kyle is concerned about the practice of ________.
"Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him...." Kyle is concerned about the practice of advergaming. This is further explained below.
What is advergaming?Generally, advergaming is simply defined as Advergaming refers to the practice of using video games to promote real-world businesses and goods.
In conclusion, "Kyle fantasized of being able to program anything electronically. He developed a new video game, and a huge corporation wanted to acquire it...." Kyle has reservations about the practice of advertisement gaming.
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If your credit card is lost, the first step you should take is: a) Report your card as lost or stolen to your credit card company b) Retrace your steps to see if you can find it c) Call all the stores you shop in to see they found it d) None of the above
Answer:
you should report your card stolen are missing because if you do not do it right then and there some one could use it so it is best you do that.
Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others. which two career pathways is imogene best suited for? planning and taxation taxation and national security planning and governance national security and governance
The two career pathways that imogene is best suited for is: National Security and Governance.
What is National Security and Governance?National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.
Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.
Therefore The two career pathways that imogene is best suited for is: National Security and Governance.
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Answer:
the answer is D
Explanation:
i got it right :D
The price of ______ goods is a determinant of demand.
Generally, the price of other goods is an important determinant of demand for a product.
What are the determinants of demand?The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of other goods is an important determinant of demand for a product.
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