(iv) Whichone of the following is a role of the production function?Selectone answer. (1)A Workforce planningB Quality controlC Customer serviceD Staff welfareTBTS buys its balloon packs from a local supplier for 7.20 Singapore Dollars (SGD) a pack. It sells them to customers for 16.90 SGD.(v) Whichone of the following is the markup on a pack of balloons?Selectone answer. (1)A 7.20 %B 9.70 %C 69.84 %D 134.72 %TBTS sells balloons in packs of four at a price of 67.60 SGD. The exchange rate is 1 SGD = 3.05 Malaysian Ringgit (MYR).(vi) Whichone of the following would a customer in Malaysia pay in MYR for 4 balloon packs?Selectone answer. (1)A 16.90 MYRB 22.16 MYRC 67.60 MYRD 206.18 MYR
Question
(iv) Whichone of the following is a role of the production function?Selectone answer. (1)A Workforce planningB Quality controlC Customer serviceD Staff welfareTBTS buys its balloon packs from a local supplier for 7.20 Singapore Dollars (SGD) a pack. It sells them to customers for 16.90 SGD.(v) Whichone of the following is the markup on a pack of balloons?Selectone answer. (1)A 7.20 %B 9.70 %C 69.84 %D 134.72 %TBTS sells balloons in packs of four at a price of 67.60 SGD. The exchange rate is 1 SGD = 3.05 Malaysian Ringgit (MYR).(vi) Whichone of the following would a customer in Malaysia pay in MYR for 4 balloon packs?Selectone answer. (1)A 16.90 MYRB 22.16 MYRC 67.60 MYRD 206.18 MYR
Solution
(iv) The role of the production function is to plan the workforce. So, the answer is A - Workforce planning.
(v) The markup on a pack of balloons is calculated by subtracting the cost price from the selling price, dividing the result by the cost price, and then multiplying by 100 to get the percentage. So, (16.90 SGD - 7.20 SGD) / 7.20 SGD * 100 = 134.72%. So, the answer is D - 134.72%.
(vi) A customer in Malaysia would pay the price of 4 balloon packs in SGD converted to MYR. So, 67.60 SGD * 4 * 3.05 MYR/SGD = 824.72 MYR. However, this option is not available in the choices. There might be a mistake in the question or the options provided.
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TBTS buys its balloon packs from a local supplier for 7.20 Singapore Dollars (SGD) a pack. It sells them to customers for 16.90 SGD.(v) Whichone of the following is the markup on a pack of balloons?Selectone answer. (1)A 7.20 %B 9.70 %C 69.84 %D 134.72 %
TBTS sells balloons in packs of four at a price of 67.60 SGD. The exchange rate is 1 SGD = 3.05 Malaysian Ringgit (MYR).(vi) Whichone of the following would a customer in Malaysia pay in MYR for 4 balloon packs?Selectone answer. (1)A 16.90 MYRB 22.16 MYRC 67.60 MYRD 206.18 MYR
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