An insurance company with a number of branch offices across the country has designed a diary system for salespeople, which is designed to increase their pro ductivity. The diary system is colour-coded: green is for time spent with clients making sales calls, blue is for time spent supporting existing clients, and red is down time (lunch, travelling, etc.). The idea is that the visual cue of the coded diary will focus the salesperson's attention on sales. A number of poor performers were selected and introduced to the diary system. Average sales increased by 11%. Can we conclude that the diary system caused the increase?
Word Wizard is a publishing company with a number of different book lines. Each line has contracts with a number of different authors. The company also owns a printing operation called Quick Press. The book lines and the printing operation each operate as a separate profit center. The printing...
Deitz is a publishing company with a number of different magazines and other publications. The company also owns a printing operation called Saira Press. The publications and the printing operation each operate as a separate profit center. The printing operation earns revenue by printing magazines...
Verbose Village is a publishing company with a number of different book lines. Each line has contracts with a number of different authors. The company also owns a printing operation called Quick Press. The book lines and the printing operation each operate as a separate profit center. The printing...
Sharon is considering the purchase of a car. After making the down payment, she will finance $15 500. She is offered three maturities. On a four- year loan, Sharon will pay $371.17 per month. On a five-year loan, her monthly payments will be $306.99. On a six-year loan, they will be $264.26. Sharon...
Is sensitivity analysis a concept applied to LP only, or should it also be used when analyzing other techniques (e.g., break-even analysis)? Provide examples to prove your point.
Find data regarding life expectancies in Uganda over the past few decades. You will see that Ugandan life expectancy has risen dramatically in the past decade. What explains this rise, and what lessons might it have for improving life expectancy in other African nations?
On January 1, 2012, Jungle Company sold a machine to Safari Company for $30,000. The machine had an original cost of $24,000, and accumulated depreciation on the asset was $9,000 at the time of the sale. The machine has a 5-year remaining life and will be depreciated on a straight-line basis with...
Brendan Company sold merchandise worth $1,600 on credit, terms n/15 and on the next day the customer returned merchandise worth $100, which cost $60 for Brendan Company. What is the required journal entry to record the merchandise returns under the perpetual inventory system? a. Accounts...
A study of 10,000 people born in the UK in 1958 revealed that a man 6 feet in height was more likely to have a partner and children than was a man of average height (5 feet, 10 inches). Does this mean that women prefer to marry tall men?
Think about the likely statistical knowledge of the intended reader of your statistical analysis in the follow ing situations, and describe how much technical detail you would plan to include in the body of the report. a. The national manager of quality control wants a report on quality control...
When you pour a solution of hydrogen peroxide, H 2 O 2 , over a cut, an enzyme in your blood decomposes it to produce oxygen gas, O 2 , as evidenced by the bubbling that takes place. It is this oxygen at high concentrations at the site of the injury that kills off microorganisms. A similar enzyme...