Total Merchandise Purchases = Beginning Merchandise Inventory + Cost of Goods Sold - Ending Merchandise Inventory
Total Merchandise Purchases = $19,400 + $65,500 - $26,600
Total Merchandise Purchases = $58,300
What is Merchandise?Merchandise is a term used to refer to goods or services that are available for purchase. It can include items such as clothing, electronics, books, toys, furniture, and food. Merchandise may also refer to promotional items such as calendars, mugs, or keychains that are used to promote a company or organization. Merchandise also includes items such as souvenirs, collectibles, and autographed memorabilia. Merchandise can be purchased from retailers, wholesalers, or directly from manufacturers. Additionally, merchandise can be sold online or through auction sitse.
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In modern organizations, _____ are the most important resource.
The most precious asset is human resources, or the people who work in the organization. Human resource management refers to the process of hiring, training, and compensating employees.
Which resources are also most important to a company?It's the people's fault. Employees are indeed the main driver behind any organization's success. They create and build products, market the product, the sales team sells the product, and a group of staff provides customer support.
What is one method for incorporating ethics into marketing strategy ?The first step in incorporating ethics into a promotional strategy is to ensure that all adverts are truthful. In the case of Jimmy's business, he was dishonest.
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. facility or property? apartment building commercial office building bank building courthouse complex city hall army base residential shopping center school district
Apartment building- Facility
Commercial office building- property
Bank building- Property
Courthouse complex- facility
City hall- Facility
army base- Facility
Residential shopping centre-Facility
School building- Property
What function does a facility serve?
The security, upkeep, and services of workplaces are the responsibility of facilities managers who must make sure that they satisfy the requirements of the organization and its staff.
The services that enable a company or other organization to carry out its mission are practically all under the control of facilities management.
What distinguishes property management from facility management?
Owner representation is provided by the property manager. They determine how the building would create income and when to hold or sell the building. Usually, they'd delegate the facility manager's responsibility for the minor jobs.
It goes without saying that the duties and obligations are based on the size of the building and the portfolio.
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which former cable television company had ceos who committed illegal accounting actions such as concealing self-dealing to their family?
the government lowers taxes on businesses at the same time that students receive their supply list for the new school year. what happens to quantity and price?
When the government lowers taxes on businesses, it generally leads to an increase in profits for those businesses.
With increased profits, businesses may choose to invest in new equipment, expand operations, or lower prices to increase demand for their goods and services. The net effect of these decisions will depend on the specific market conditions, such as the level of competition, the responsiveness of consumers to changes in price, and the overall state of the economy. In the case of the students receiving their supply list for the new school year, the lower taxes on businesses may result in lower prices for the goods on their supply list, such as school supplies and books. This, in turn, could lead to an increase in the quantity demanded of these goods, as consumers have more disposable income to spend on non-essential items. However, it is also possible that businesses may choose to keep their prices unchanged, despite the lower taxes, in order to maintain their profit margins. In this case, the quantity demanded may not change, as the lower taxes have not had a significant impact on the prices of the goods. In summary, the exact impact of the government lowering taxes on businesses on the quantity and price of goods, such as those on the students' supply list, will depend on a variety of factors, including the specific market conditions, the behavior of businesses and consumers, and the overall state of the economy.
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pedro is on the fast track to become an executive in his company. as he advances, he will most likely have less and less need for which type of skills?
he will most likely have less and less need for Technical type of skills.
Technical skills are specialized knowledge or abilities that can be applied to real-world work in the fields of math, science, technology, engineering, and the arts. The use of specific tools and also the technologies needed to employ those tools are often prerequisites for technical abilities.
Technical skills are really the specialised aptitudes required to carry out specific activities. They are frequently job-specific and connected to technology, such as a certain machine or piece of software. Physical talents for a resume might include Taguchi method or machining, while digital ones might include C++ or data analysis.
The knowledge and skills required to carry out particular activities are known as technical skills. They are applicable and frequently have to do with mathematical, scientific, information technology, or mechanical jobs. Knowledge of programming is one example.
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one of the roles as a project manager is the implementation of process improvement activities that have been approved. during which process would you perform these activities? answers a. monitor and control project work b. direct and manage project work c. perform integrated change control d. develop project management plan
During B. Direct and Manage Project Work, a project manager can improvement activities that have been approved.
In the term of organizations and management, Direct and manage project work generally can be defined as a project management process that allows we to lead a team. In the position as direct and manage project work, we also have a liabilities to handle resources, and oversee the completion of a project. Direct and manage project work included all of the process comprises executing a strategy planned by a project manager and managing its interfaces.
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alexandria borrowed $7,500 for one year and paid $750 in interest. the bank charged her a $25 service charge. if she paid this back in 12 equal monthly payments, what was the apr
The answer is 14.5% , if she paid this back in 12 equal monthly payments, the APR was 14.5%.
What does the word "bank" mean?A financial institution that is permitted to offer credit and take deposits is referred to as a bank. These institutions may also provide financial support in the form of capital management and foreign exchange. Locker services are another term for safe deposit boxes.
Why is a bank called a bank?Since Italian merchants in the Renaissance established negotiations to borrow and lend money next to a bench, the word bank is derived from the Italian word banco, which means bench. They put the cash on that bench. Basic accounting records have existed since the dawn of time.
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lynbrook west, an apartment complex, has 100 two-bedroom units. the monthly profit, in dollars, realized from renting out apartments is given by
The monthly profit, in dollars, realized from renting out apartments is given by $30964
The monthly profit through leasing out x flats is represented by
P(x) = -11x^2 + 1804x - 43000
To maximize profit, we would equate the derivatives of both the function P(x) to reference to x to zero.
P'(x) = -22x + 1804
When P'(x) = 0,
-22x + 1804 = 0
22x = 1804
x = 82
We shall now take the second derivative,
P"(x) = -22
(-) The negative value of the second derivative reveals that the profit will be greatest if all 82 flats are rented.
For maximum profit,
P(82) = -11(82)^2 + 1804(82) - 43000
P(82) = -73964 + 147928 - 43000
P(82) = $30964
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The question is incomplete, the complete question is
Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartments is given by the following function. P(x) = -11 x^2 + 1804 x - 43,000 To maximize the monthly rental profit, how many units should be rented out?
units What is the maximum monthly profit realizable? $
Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Marius will be implementing operational management. transactional management. management by objectives. O process mapping. O strategic management.
Marius will be implementing Strategic Management because he is responsible for setting goals, policies, and actions.
Strategic Management: What Is It?
The management of an organization's resources to accomplish its goals and objectives is known as strategic management. Setting goals, assessing the external and internal environments of the firm, reviewing strategies, and ensuring that management implements the strategies across the organisation are all part of strategic management. Organizations that are flexible may find it simpler to modify their organisational structure and plans, whereas companies that are rigid may struggle in a changing climate. As a result, he will be putting a strategic management plan into action since he is responsible for setting goals, policies, and actions.
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grantor c conveys a large house and land to his daughter and son-in-law to be theirs as long as they are married. one year later they are divorced. what happens to the property?
The property gets reverted back to grantor C one year later they are divorced.
What is divorce?Divorce is the legal procedure used to dissolve a marriage or other civil partnership. The legal obligations and responsibilities of marriage are typically cancelled or rearranged as part of a divorce, which dissolves the bonds of matrimony between a married couple under the laws of the specific nation or state. A recent national poll found that the primary cause of divorce among couples is a lack of commitment. The reasons provided and their percentages are shown below: Lack of dedication 73% Argue excessively 56% Following divorce, a couple frequently has negative impacts like diminished happiness, a change in their financial situation, and emotional issues. Children may experience issues with their academic performance, behaviour, or mental health.
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conomic progress often leads to multiple choice question. adoption of a democratic government. higher growth rates in a command economy. higher growth rates in a planned economy. adoption of a totalitarian regime.
Economic progress often leads to adoption of a democratic government.
How is democracy a result of economic growth?Higher levels of economic freedom, lower inflation, lower political instability, and higher levels of human capital accumulation are all indicators of democracies. Democracy is intimately linked to economic growth factors like longevity and educational levels through advancements in educational and medical institutions.
What factors determine economic progress?Three fundamental elements propel economic expansion: building up of capital stock. increases in the number of workers or hours worked, for example. technological progress.
What is economic advancement?What Economic Progress Means. Economic progress can be seen as an improvement in a society's capacity to generate more and better goods and services while using the same or similar resources.
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a wearable technology company has priced one of its wristwatches at $210. most of its competitors sell similar watches at $180. selling anything less than $150 would result in a loss for the company. however, the absolute maximum a customer is willing to pay for it is $170. in this scenario, what is the reservation price of the wristwatch?
The wristwatch's reservation price of $170 represents the most amount a consumer is willing to spend on it. Yes, it is the most a consumer is prepared to spend on it. scenario
In the context of planning or decision-making, a scenario is a particular and imaginative depiction of a circumstance, an action, or a series of actions. It may also allude to an outcome that could occur in the future under specific circumstances or presumptions. By laying out and delving into probable outcomes of a decision or project, business scenarios are frequently used to plan for and get ready for various possibilities. Organizations may improve their ability to handle uncertainty and make wise decisions by creating a variety of scenarios. Scenarios may also be used in the arts to define a particular setting or series of events, such as in scriptwriting or role-playing games.
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which of the following statements regarding divided powder papers (i.e., charts, chartula, chartulae) are true? (select all that apply) which of the following statements regarding divided powder papers (i.e., charts, chartula, chartulae) are true? (select all that apply) they are commonly dispensed in small sealed plastic bags or folded papers they are classified as semisolid preparations they are prepared in individual doses they are commonly placed on a small amount of food or reconstituted in a suitable liquid before administration
Option 1st is correct. Divided powders are supplied in unit dose form, usually in a properly folded chartulae.
Fractionated powders or chartras are unit doses of powdered drug mixtures individually enclosed in paper, plastic laminate, or metal foil packages or packets. Chartula, abbreviated chart, is Latin for powdery paper.
Vegetable parchment, thin translucent paper with limited moisture resistance. Glassine paper with limited moisture resistance, glossy transparencies. Wax paper, transparent waterproof paper.
A portioned powder or chart is his dose of powdered medicine in one or more individual packages. B. Cellophane, foil or paper. Patients do not participate in the measurement process of powders that are divided into smaller dosage units, resulting in a more accurate dosage form than bulk powders.
Split powder: Divided powders, also known as churchula or powdered paper, consist of individual doses of powder packaged in folded paper or plastic bags. Some powder will be lost during mixing, so prepare enough powder for additional dosage units.
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in a neighborhood there are five houses listed for sale for the following amounts: $250,000; $275,000; $280,000; $295,000; and $515,000. what is the best measure of central location for the price of a house in the neighborhood?
The median price is a better indicator of a home's average value and is the best measure of a central location for the price of a house in the neighborhood.
How are house prices determined?The state of the economy, interest rates, real income, and changes in population size all have an impact on the housing market. In addition to these demand-side factors, available supply will influence house prices.
Because a few unusually high or low prices can skew the average price, it is not an accurate indicator of the current state of the property market to use median prices instead of average prices.
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True or False: Classifying products into meaningful categories helps marketers decide which strategies and methods will help promote a business's product or service.
True. Product categorization assists marketers in determining which techniques and approaches will best promote a company's product or service. Marketers may acquire a better knowledge.
of each product and its market potential by categorizing them based on its qualities, features, advantages, and target audience. This data may then be utilized to create effective marketing plans and select the best channels and approaches for reaching out to and engaging potential clients. If a product is classed as a luxury item, the marketer may opt to target wealthy clients through high-end retail establishments, high-end periodicals, and exclusive events. If, on the other hand, a product is designated as a low-cost item, the marketer may opt to target low-cost clients through discount outlets.
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which of the options uses a nominal level of measurement? the date in march is between 1 and 31. a customer's opinion of the service in a restaurant is poor, fair, average, good, or excellent. the height of a building is measured in feet. a person is married, divorced, single, widowed, or other.
A person's marital status uses a nominal level of measurement because it is used to categorize individuals into groups (e.g. married, divorced, single, etc.) without any quantitative value.
What is quantitative value?Quantitative value is a numerical measurement of a particular attribute or characteristic of something. It is used to measure the quantity, size, degree, or amount of a particular phenomenon, such as population size, speed, temperature, or economic growth. Quantitative values can be measured using various methods, such as surveys, experiments, or the analysis of data. Quantitative values are used to compare and contrast different phenomena, as well as to identify trends and patterns in data. Quantitative values are important for understanding the dynamics of various systems and for making informed decisions about them.
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true or false? if a country passes laws to filter hate speech materials on the internet, those who create the materials can relocate their business to bypass these laws.
The statement - "if a country passes laws to filter hate speech materials on the internet, those who create the materials can relocate their business to bypass these laws" is true.
What is Hate Speech?Hate speech is defined as abusive or threatening speech or writing that shows prejudice based on ethnicity, religion, sexual orientation, or other factors. "We do not accept any sort of hate speech."
Online hate speech is speech that occurs online with the intent of assaulting a person or a group.
If a nation implements legislation to filter hate speech materials on the internet, people who develop the materials can relocate their businesses to avoid these regulations because these businesses are no longer governed by the government. Therefore, it can be concluded that the above statement is true.
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you observe that your older cousin has become a successful business owner, so you decide you would like to become a business owner too. what kind of learning has taken place here?
Experiential learning that takes place here is an important step in the journey towards becoming a successful business owner.
Observation involves paying attention to the actions and behaviors of your cousin as a business owner, noticing what they do and how they do it.
This type of learning is often referred to as experiential learning, which involves learning through direct experience and observation, rather than simply reading about a subject or being taught by someone else.
Experiential learning is an important aspect of becoming a successful business owner, as it allows you to gain hands-on experience and understand the challenges and rewards of the job.
In mathematical terms, this type of learning can be represented as a function, where the input is the observation and reflection, and the output is the decision to become a business owner.
The function maps the input to the output, and the quality of the output is dependent on the quality of the input. In this case, the quality of the input will determine the quality of the decision to become a business owner.
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which factor most increased the demand for enslaved labor in virginia?
Answer:
Virginia planters developed the commodity crop of tobacco as their chief export.
Explanation:
It was a labor-intensive crop, and demand for it in England and Europe led to an increase in the importation of African slaves in the colony.
based on the description that follows, how many potential insider threat indicators are displayed? a colleague saves money
Based on the description there are two threat indicators. There are information about his activity to overseas vacation and consumes alcohol.
In the term of economic, Insider threat programs generally can be defined as a way to help the organizations detect and identify individuals who may become insider threats by categorizing potential risk indicators. These indicators generally can be observable and reportable behaviors. That indicators can indicate individuals who are potentially at a greater risk of becoming a threat. There are four major indicators, such as recruitment, information collection, information transmittal and general suspicious behavior.
The question above is incomplete, the complete question is:
Based on the description that follows, how many potential insider threat indicators(s) are displayed? A colleague saves money for an overseas vacation every year, is a single father, and occasionally consumes alcohol.
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why are posting references entered in the journal when entries are posted to the ledger accounts? multiple choice posting references entered in the journal prove that the entry is in balance. to ensure the journal entries balance. so we will know that the entry has been posted. so we will know that the postings need to be approved.
When posting to the ledger, posting reference numbers are placed in the journal as a (C) cross-reference. This enables the record keeper or auditor to follow debits and credits from one record to the next.
The fundamental justification for publishing references in journals is that they serve as cross-references that help determine whether an entry has been made and keep track of debit and credit entries.
Your account ledgers' post reference identifies the exact location in the journal, such as a page number or line number, where a transaction was recorded. This makes it simple for anyone looking at the sub-ledger record for a specific transaction to compare it to the original journal entry.
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available-for-sale (afs) debt investments are: select one: a. intended to be held to maturity. b. reported at fair (market) value on the balance sheet. c. reported at cost and adjusted for the amortized amount of any difference between cost and maturity value. d. always classified as long-term investments. e. reported at cost and remain at cost over the life of the investment.
Available-for-sale (AFS) debt investments are B: "reported at fair (market) value on the balance sheet".
Available-for-sale (AFS) debt investments refer to debt securities that are classified as investments and are not intended to be held to maturity. Instead, these investments are reported on the balance sheet at fair value (market value) which represents the current market price of the security. The fair value is updated periodically to reflect any changes in the market price. AFS debt investments provide greater flexibility compared to held-to-maturity investments as they can be sold if market conditions change.
However, reporting at fair value also means that the value of these investments can fluctuate with changes in market conditions. This can result in volatility in the value of the investment on the balance sheet.
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the price elasticity of demand for an item is impacted by: the number of available substitutes. the time available to adjust to price changes. whether or not the item is a necessity. all of these options.
Price elasticity of demand is impacted by the number of substitutes of the good, time available to adjust to prices and whether the item is a necessity.
The correct answer is: all of these options.
1. If more substitutes are available then demand for the good will be elastic as consumers will shift to the use of other good if the price of one good increases.
2. If consumers have greater time to adjust to the increase in prices then the price elasticity of demand for the good will be impacted.
3. Necessities are usually price inelastic as they need to be consumed even when price rises.
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roberta has just hired two new employees to work in the quality control lab. she is now training them for their jobs. what managerial role is she playing here?
As she trains her new employees, Roberta is assuming the position of a coach or trainer. This position is a crucial one of her duties as a managerial because it ensures that her staff members have the abilities to perform task.
To know-how to do their tasks well. Robertta helps her staff members grow and develop by offering training, which can enhance productivity, work happiness, and ultimately the success of the business.
A crucial part of management is the coaching and training function, which is essential for creating and keeping a strong, capable, and motivated workforce. Yes, it is accurate to refer to Roberta's position as a coach as she instructs her new workers.
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you expect to receive $39,000 at graduation in two years. you plan on investing it at 10 percent until you have $174,000. how long will you wait from now? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You will have to wait 14.45 years from now.
Matching your financial goals and objectives with your available resources is the process of investment planning.
Financial planning's foundational element is investment planning.
The process of investment planning starts once your financial goals and objectives are defined.
Investments come in different kinds. Cash, stocks, bonds, and real estate are the most frequently used assets.
Each of these has unique qualities, and a sound investing strategy would typically include all of them.
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a challenging task that arose when duckworth started arzu studio hope was: a. finding a location for the company's warehouse. b. trying to discover how to produce a product and run a business in a country half a world away. c. researching the company's target market and how much that market would be willing to pay for rugs.
The challenging task hat arose when duck worth started arzu studio hope is b. trying to discover how to produce a product and run a business in a country half a world away.
In the term of business, Ms. Duckworth generally can be defined a retired Partner and Managing Director of Goldman, Sachs, & Co. Ms. Duckworth also was named the first woman sales and trading partner in the firm's history during her 20-year career. Ms. Duckworth also being the a Director of Steelcase Inc. and Trustee of Equity Residential (EQR) in Chicago. The passion of Duckworth in the ARZU studios is to remove the explosive mines in Afghanistan that kill thousands of children each year.
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which of the following would normally be expected to result in an increase in the supply of funds, all else equal? i. the perceived riskiness of all investments decreases. ii. expected inflation increases. iii. current income and wealth levels increase. iv. near term spending needs of households increase as energy costs rise.
Current income and wealth levels increase would normally be expected to result in an increase in the supply of funds, all else equal.
Given current income and wealth levels, we can normally expect an increase in the supply of funds, ceteris paribus. This is because an increase in income and wealth leads to an increase in saving, which increases the amount of funds available in the economy.
All else being equal, this can lead to more borrowing and investment activity, thus resulting in an increase in the supply of funds. Therefore, income and wealth levels can have an impact on the availability of funds in the economy.
Hence, the correct option is "iii"
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the most recent financial statements for mandy company are shown here: income statement balance sheet sales $ 19,200 current assets $ 11,760 debt $ 15,880 costs 13,050 fixed assets 27,450 equity 23,330 taxable income $ 6,150 total $ 39,210 total $ 39,210 taxes (24%) 1,476 net income $ 4,674 assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 45 percent dividend payout ratio. what is the internal growth rate? (do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)
The internal growth rate of Mandy company is 9.44%.
How do we calculate our internal growth rate?The internal growth rate is the maximum amount of growth that a company can reasonably achieve without relying on outside funding.
Given that: We have 0.45 dividend payout ratio. Our retention ratio will be = 1 - 0.45 = 0.55
We need to calculate return on assets:
Data
Income before taxes 6,150
Total Assets = 11,760 + 27,450 = 39,210
Return on assets:
= Earning before Interest and Tax / Total assets.
= $6,150 / $39,210
= 0.156847743
Internal growth rate:
= (ROA * Retention ratio) / (1 - (ROA * Retention ratio))
= (0.156847743 * 0.55) / (1 - (0.156847743 * 0.55))
= 0.08626625865 / (1 - 0.0862662586)
= 0.08626625865 / 0.9137337414
= 0.09441071806
= 9.44%
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Answer: 9.44%
Explanation:
which account is credited when manufacturing overhead is applied?
The actual overhead expenses as incurred are debited from the overhead account. The work-in-process account credits the overhead account for the overhead expenses incurred during production.
What is the manufacturing overhead account's credit side?Actual overhead expenses are debited from the manufacturing overhead account. When overhead is allocated to the particular jobs, it is credited. In the event where the debits and credits disagree, overhead was either overapplied or underapplied.
In manufacturing overhead, what does a credit balance mean?The manufacturing overhead account has a credit balance at the conclusion of the period, which means that too much overhead has been applied. Overapplication of overhead is defined as applying more overhead than is necessary. When overhead is applied, the manufacturing overhead account is typically credited.
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approaches to decision making in operations management have been accepted because of calculators and computers capable of handling the required calculations. multiple choice question.
Quantitative approaches to decision making in operations management have been accepted because of calculators and computers capable of handling the required calculations.
An electronic calculator is usually a small notebook computer that can perform calculations ranging from simple math to advanced arithmetic. In the early 1960s, the first semiconductor electronic computers were developed.
By the 1970s, handheld devices were widespread, especially after Intel created the Intel 4004, the first microprocessor, for Japanese computer maker Busicom. The range of modern electronic computers includes rugged desktop devices with built-in printers as well as free, inexpensive credit card-sized models. They became popular in the mid-1970s due to the reduction in the size and cost of integrated circuits.
Hence the correct option is A
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The above question is incomplete, the complete question is-
__________approaches to decision making in operations management have been accepted because of calculators and computers capable of handling the required calculations. multiple choice question.
A. Quantitative approaches
B. Qualitative approaches
C. Selective approaches
D. Normative approaches