In the evaluation of sales trining program

Assignment Help Operation Management
Reference no: EM131114786

In the evaluation of a sales trining program, a firm discovered that of 50 sales people receiving bonuses last year, 20 had attended a special training sales training program. The firm employees 200 people. Let B = the event that a salesperson makes a bonus and S = the event that a salesperson attends the sales training program.

a. Find P(B), P(S/B), and P(S upside down U)

b. Assume that 40% of the sales people attended the training program. What is the probability that a salesperson makes a bonus given that given that the salespeople attend the sales training program? Comment on whether B and S are dependent or independent events.

Reference no: EM131114786

Questions Cloud

Profit maximizing quantity : Lee, J Brand, Joe's Jeans, Paper Denim & Cloth, Levi's, Wrangler, and many others are all producers of jeans. J Brand jeans sell for $200 a pair. Suppose at the profit maximizing quantity, J Brand's ATC was $220 and AVC was $110, which statement i..
Manufacturing of mobile phones : "Technlogogical advances make the manufacturing of mobile phones much cheaper for manufacturers. Incomes are rising slightly, and mobile phones are a necessity good. From this information we conclude that the price of mobile phones must go up"
Excise tax on the producers of tennis balls : In Boomtown government officials are considering implementing an excise tax on the producers of tennis balls. They have called you in to analyze the impact of this proposed tax.
Design a workflow that uses this catalog service : In Section 19.2.1, I introduced an example of a company that has developed a catalog service that is used by customers' web-based procurement systems. Using BPMN, design a workflow that uses this catalog service to look up and place orders for com..
In the evaluation of sales trining program : In the evaluation of a sales trining program, a firm discovered that of 50 sales people receiving bonuses last year, 20 had attended a special training sales training program.  Assume that 40% of the sales people attended the training program. What i..
Balancing the federal budget : Go to the internet and find a news article that discusses balancing the federal budget of the U.S. , summarize key points and post in the Discussions area. Be sure to include your policy recommendation of what should be done.
Determine the economic cost of keeping customers waiting : Discuss how one could determine the economic cost of keeping customers waiting. For a queuing system with a finite queue, the arrival rate can exceed the capacity to serve. Use an example to explain how this is feasible. What are some disadvantages a..
Benefits of eating honey : Recently, the price of honey has risen. This must mean that the demand for honey has risen, maybe because more people are aware of the benefits of eating honey.
Determine the final volume of the gas : For the gas as the system, the work is =84 kJ. Determine the final volume of the gas, in m3.

Reviews

Write a Review

Operation Management Questions & Answers

  What government is doing about hit

perform a search using the key word "health information technology." You will see a number of different topics displayed. Select a topic from the list and share with us what the government is doing or what they are concerned about regarding HIT. I..

  Unlike individual incentive programs

Unlike individual incentive programs, group and organization-wide incentive programs reward individuals based on group and organization-wide (, and organization-wide performance standards . Under group and organization-wide incentive programs, it is ..

  Identify and analyze the major driving forces for change

Identify and analyze the major driving forces for change in the external environment of the motorcycle industry. Analyze the dynamics of competition using Porter's Five Forces Model of Competition. Correctly assess the dynamics of competition.

  Why is it sourcing growing so rapidly

Why is IT sourcing growing so rapidly? What do IT managers need to consider when considering whether or not to outsource?

  Would a business plan be of any value to pedro

Would a business plan be of any value to Pedro? Why or why not? Should Pedro have had one already? Will a VC care about a lack of business plan? Support your answer

  What are their products lines-their target market

Anheuser busch Product and Market – What are their products lines, their target market, their market size? Is it a global brand? Regional?

  Examples of HR practices that promote this performance

Define high-performance work systems and provide four examples of HR practices that promote this performance.

  Do you believe teamwork is important

Your response should be a combination of information you researched and your feelings and ideas about the value and importance of teams.

  Apply the concept of enterprise resource planning systems

Apply the concept of Enterprise Resource planning systems to a real company. Write a 2-4 page summary on how this company might apply this concept to its business.

  Beck manufacturing case study

Read the "Beck Manufacturing" case study. In a three- to four-page paper, address the following:

  About government issued T-bills and munis

Learn more about government issued T-bills and munis. Would you invest in government issued T-bills? Why or why not? Are there specific munis you would or would not invest in? What factors affect your choices? Write your analysis of the current statu..

  Develop a plan to monitor the quality of this line

How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd