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Patrick usually provides child care for six children.

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Patrick usually provides child care for six children.  [#permalink]

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New post 24 Dec 2012, 06:27
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Patrick usually provides child care for six children. Parents leave their children at Patrick's house in the morning and pick them up after work. At the end of each workweek, the parents pay Patrick at an hourly rate for the child care provided that week. The weekly income Patrick receives is usually adequate but not always uniform, particularly in the winter, when children are likely to get sick and be unpredictably absent.

Which of the following plans, if put into effect, has the best prospect of making Patrick's weekly income both uniform and adequate?

(A) Pool resources with a neighbor who provides child care under similar arrangements, so that the two of them cooperate in caring for twice as many children as Patrick currently does.

(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of hours of child care that Patrick would typically be expected to provide.

(C) Hire a full-time helper and invest in facilities for providing child care to sick children .

(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the children Patrick usually cares for are absent.

(E) Increase the number of hours made available for child care each day, so that parents can leave their children in Patrick's care for a longer period each day at the current hourly rate .


Official Guide for GMAT Verbal Review, 2nd Edition

Practice Question
Question No.: CR00828
Difficulty: Low

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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 25 Dec 2012, 02:17
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Patrick usually provides child care for six children. Parents leave their children at Patrick's house in the morning
and pick them up after work. At the end of each workweek, the parents pay Patrick at an hourly rate for the child
care provided that week. The weekly income Patrick receives is usually adequate but not always uniform,
particularly in the winter, when children are likely to get sick and be unpredictably absent.

Which of the following plans, if put into effect, has the best prospect of making Patrick's weekly income both
uniform and adequate
?

We need to select an option where the income is uniform so there isn't any fluctuations - an option which makes consistent income.


(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of
hours of child care that Patrick would typically be expected to provide.

There is a balanced rate per week, hence guarantees uniform income.


(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the
children Patrick usually cares for are absent.

There isn't consistency in this option, also note just cos he's increasing fee it could mean the parents could use other child care services. He might lose money if he does this.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 24 Dec 2014, 02:45
1
Aristocrat wrote:
Official Guide for GMAT Verbal Review, 2nd Edition

Practice Question
Question No.: 6
Page: 118
Difficulty:


Patrick usually provides child care for six children. Parents leave their children at Patrick's house in the morning
and pick them up after work. At the end of each workweek, the parents pay Patrick at an hourly rate for the child
care provided that week. The weekly income Patrick receives is usually adequate but not always uniform,
particularly in the winter, when children are likely to get sick and be unpredictably absent.

Which of the following plans, if put into effect, has the best prospect of making Patrick's weekly income both
uniform and adequate?

(A) Pool resources with a neighbor who provides child care under similar arrangements, so that the two of
them cooperate in caring for twice as many children as Patrick currently does.

(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of
hours of child care that Patrick would typically be expected to provide.

(C) Hire a full-time helper and invest in facilities for providing child care to sick children .

(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the
children Patrick usually cares for are absent.

(E) Increase the number of hours made available for child care each day, so that parents can leave their
children in Patrick's care for a longer period each day at the current hourly rate .



Answer is B and I would say that when there are lot of children it needs to take a lot of care.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 27 Jun 2016, 18:54
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Aristocrat wrote:
Official Guide for GMAT Verbal Review, 2nd Edition

Practice Question
Question No.: 6
Page: 118
Difficulty:


Patrick usually provides child care for six children. Parents leave their children at Patrick's house in the morning
and pick them up after work. At the end of each workweek, the parents pay Patrick at an hourly rate for the child
care provided that week. The weekly income Patrick receives is usually adequate but not always uniform,
particularly in the winter, when children are likely to get sick and be unpredictably absent.

Which of the following plans, if put into effect, has the best prospect of making Patrick's weekly income both
uniform and adequate?

(A) Pool resources with a neighbor who provides child care under similar arrangements, so that the two of
them cooperate in caring for twice as many children as Patrick currently does.

(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of
hours of child care that Patrick would typically be expected to provide.

(C) Hire a full-time helper and invest in facilities for providing child care to sick children .

(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the
children Patrick usually cares for are absent.

(E) Increase the number of hours made available for child care each day, so that parents can leave their
children in Patrick's care for a longer period each day at the current hourly rate .


Current Scenario: Patric is getting paid at an hourly rate at the end of each week.
But there are certain weeks in winters when the children are sick and do not come.
Hence the income is less.

In order to counter this, Patric can have a steady flow of income by charging a weekly/monthly rate irrespective of whether a child is absent or not.
This will make his income uniform and adequate also.

The same logic is conveyed in option B, hence the correct option.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 28 Jun 2016, 09:26
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3
(A) Pool resources with a neighbor who provides child care under similar arrangements, so that the two of
them cooperate in caring for twice as many children as Patrick currently does.it will have no effect on sick kids

(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of
hours of child care that Patrick would typically be expected to provide.Perfect, whether a child comes or not, fixed fee will ensure uniform and regular income

(C) Hire a full-time helper and invest in facilities for providing child care to sick children .facilities wont make sick children step out of the house

(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the
children Patrick usually cares for are absent.He may potentially loose more customers in bargain

(E) Increase the number of hours made available for child care each day, so that parents can leave their
children in Patrick's care for a longer period each day at the current hourly rate . : Does not matter, parents may not want more no of hours
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 13 Dec 2016, 02:39
Boil it down - The current payment system provides adequate but not always uniform, particularly in the winter, when children are likely to get sick and be unpredictably absent.


(A) Pool resources with a neighbor who provides child care under similar arrangements, so that the two of
them cooperate in caring for twice as many children as Patrick currently does. - Irrelevant as it does not resolve the issue of variable income .

(B) Replace payment by actual hours of child care provided with a fixed weekly fee based upon the number of
hours of child care that Patrick would typically be expected to provide. - Correct

(C) Hire a full-time helper and invest in facilities for providing child care to sick children . Incorrect - It does not address the issue of variable income . On the contrary this will reduce the total income .

(D) Increase the hourly rate to a level that would provide adequate income even in a week when half of the
children Patrick usually cares for are absent. - Incorrect - Increase in hourly rate might force some parents to withdraw their children and it does not address the issue of variable income

(E) Increase the number of hours made available for child care each day, so that parents can leave their
children in Patrick's care for a longer period each day at the current hourly rate . Incorrect
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 20 Mar 2017, 00:56
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Situation At the end of the workweek, Patrick is paid a certain amount for each hour of child care he has provided. Patrick usually receives adequate weekly income under this arrangement,
but in the winter Patrick's income fluctuates, because children are unpredictably absent due to illness.

Reasoning Which plan would be most likely to meet the two goals of uniform weekly income and adequate weekly income? Patrick must find a way to ensure that his weekly income is both
adequate—that is, not reduced significantly from current levels—and uniform—that is, not subject to seasonal or other fluctuations. A successful plan would thus most
likely be one that does not increase Patrick's costs. Further, the plan need not increase Patrick's weekly income; it must merely ensure that that income is more
reliable. It should therefore also provide some way to mitigate the unexpected loss of income from children's absences.

A This plan might raise Patrick's income slightly, because he and the neighbor might pay out less in costs if they pool their resources. But this plan would have no effect on the problem that unpredictable absences pose for Patrick's weekly income.

B Correct. This statement properly identifies a plan that would most likely keep Patrick's income adequate (he would probably receive approximately the same amount of money per child as he does now) and uniform (he would receive the money regardless of whether a child was present or absent).

C While this plan might somewhat mitigate the unpredictability in Patrick's income that results from sick children's absences—because parents would be less likely to keep sick children at home—it would increase Patrick's costs. Paying a helper and investing in different facilities would reduce Patrick's income and might thus result in that income being inadequate.

D Under this plan, if we assume that parents did not balk at the increase in Patrick's hourly rate and find alternative child care, Patrick's income would most likely be adequate. But this plan would not help make Patrick's weekly income uniform. His income would continue to fluctuate when children are absent. Remember, there are two goals with regard to Patrick's income: adequacy and uniformity.

E This plan might increase Patrick's income, in that he might be paid for more hours of child care each week. The goals here, however, are to make Patrick's weekly income both adequate and uniform, and this plan does not address the issue of uniformity.

The correct answer is B.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 25 Mar 2017, 15:24
we're looking for an answer that will help patric to avoid fluctuation of childre, e.g. fixed weekly rate

Answe B is fine
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 14 Aug 2017, 10:48
B is correct - Patrick must follow a plan that provides him an adequate weekly income and uniform i.e. not affected by seasonal drift.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 03 Feb 2018, 22:18
GMATNinjaTwo GMATNinja generis

Why is below option incorrect?

Quote:
(D) Increase the hourly rate to a level

that would provide adequate income even in a week when half of the children Patrick usually cares for are absent.


We are given that hourly rate is increased, hence ADEQUATE part is taken care of

Also, since the phrase - even in .. ensures that the above pay is GUARANTEED/UNIFORM when
children are sick in winter.
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Re: Patrick usually provides child care for six children.  [#permalink]

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New post 07 Feb 2018, 20:30
adkikani wrote:
GMATNinjaTwo GMATNinja generis

Why is below option incorrect?

Quote:
(D) Increase the hourly rate to a level

that would provide adequate income even in a week when half of the children Patrick usually cares for are absent.


We are given that hourly rate is increased, hence ADEQUATE part is taken care of

Also, since the phrase - even in .. ensures that the above pay is GUARANTEED/UNIFORM when
children are sick in winter.

The phrase "even in" does indeed suggest that his pay would be adequate even when children are sick. But that still would not make his pay UNIFORM. His pay would fluctuate greatly depending on how many children were sick each week.

Also, the higher rate would only make his pay adequate IF parents decide to continue paying him at the higher price. In other words, his pay will only be adequate if he doesn't lose any customers.

Either way, his pay will definitely not be uniform, so (D) must be eliminated.
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Re: Patrick usually provides child care for six children.  [#permalink]

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Re: Patrick usually provides child care for six children.   [#permalink] 23 Mar 2019, 04:38
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