If he uses the minimax regret criterion, how many new workers will he hire?
What will be an ideal response?
Answer: 2
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Tranquility Care provides home healthcare services at an average price of $70 per hour and incurs variable costs of $45 per hour. Assume average fixed costs are $3,600 a month. (Round your answer to the nearest whole unit.)
1. What is the number of hours that must be billed to reach the breakeven point? 2. If the company desires to make a profit of $2,000, how many hours must be completed? 3. The company thinks it can reduce fixed costs to $3,400, but variable cost will increase to $48 per hour. The price per unit will not change. What is the new breakeven point in hours?
The best way to foster strong organization change and commitment includes all of the following EXCEPT:
a. Instill a broader perspective in employees’ connection to their work b. Focus on a holistic perspective on change c. Communicate and elicit ideas from employees about the change d. Offer financial incentives for employee compliance
Which level of management is most dependent on external information?
A) operations B) middle C) strategic D) None of these are dependent on external information.
The overlap rule specifies that if an entity instance of the supertype is a member of one subtype, it can simultaneously be a member of two (or more) subtypes
Indicate whether the statement is true or false