Productivity is defined as which of the following?

a. Profit/Revenue
b. Inputs/Outputs
c. Assets/Inputs
d. Outputs/Inputs


d. Outputs/Inputs

Business

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According to Herzberg's two-factor theory, satisfiers will make the major difference as to which brand the customer buys

Indicate whether the statement is true or false

Business

Which of the following would be the appropriate name for a limited liability partnership?

A) Ng and Chiu Association B) Ng and Chiu LLP C) Ng and Chiu Company D) Ng and Chiu Corp. E) Ng and Chiu Ltd.

Business

Halo, Inc is a consulting firm that offers optimal legal solutions

It allocates indirect costs using a single predetermined overhead allocation rate with direct labor hours as the allocation base. The estimated indirect costs for this year amount to $120,000. The company is expected to work 6,000 direct labor hours during the year. The direct labor rate is $200 per hour. Clients are billed at 120% of direct labor cost. Last month, Halo's consultants spent 180 hours on Bloomington, Inc Calculate the total costs assigned to Bloomington. A) $39,600 B) $36,000 C) $144,000 D) $3,600

Business

A new shopping mall is considering setting up an information desk manned by one employee. Based upon information obtained from similar information desks, it is believed that people will arrive at the desk at the rate of 15 per hour

It takes an average of two minutes to answer a question. It is assumed that arrivals are Poisson and answer times are exponentially distributed. (a) Find the probability that the employee is idle. (b) Find the proportion of time that the employee is busy. (c) Find the average number of people receiving and waiting to receive information. (d) Find the average number of people waiting in line to get information. (e) Find the average time a person seeking information spends at the desk. (f) Find the expected time a person spends waiting in line to have his question answered.

Business