Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units
Answer:
The government sets pollution standards using regulations
Explanation:
For the government of a country to effectively reduce pollution by industries present in it's nation, pollution standards needs to be put in place with the use of laws/regulations backing them.
For example in the question, the government can make set a pollution standard that the industry must not go beyond 6 units of pollution otherwise a fine would be charged for defaulting. This would persuade the industry to reduce their pollution rate.
This is very much factual
Answer:
b. producers are more willing and able to hire that resource
Explanation:
In production resources are defines as various inputs in the production process of a product.
It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.
So when the price of a resource decreases, it means that the cost of production also decreases.
There is now more outlay of cash that can be used hire that resource.
Producers are able to produce more of the final product so supply increases.
Answer:
The correct answer is letter "D": gives its employees opportunities to learn new skills.
Explanation:
The matrix organization is an approach implemented by companies having more than one production process in place at the same time. There are no fixed managerial structures with this organizational model but there is a flexible hierarchy with two types of managers: <em>the functional manager and the project manager</em>. Both managers switch roles as necessary.
Resources are shared among all departments with the matrix organization reducing costs and increasing efficiency. <em>Lines of communication between departments are flexible and open allowing employees to learn skills needed for other units.</em>
