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2 years ago

The story of Clarence Saunders is both inspirational and a cautionary tale. What did he do

Business

1 answer:

777dan777 [17]2 years ago

3 0

Answer

Clarence Saunders invented self-service shopping, when he opened a grocery store in Memphis, Tennessee on 6 September 1916, under the whimsical name Piggly Wiggly.

Explanation:

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Whole Nature Foods sells a gluten-free product for which the annual demand is 5000 boxes. At the moment it is paying $6.40 for e

prisoha [69]

Answer:

the answer is =32291.67.

The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

Explanation:

Solution

Given that:

The Annual demand D = 5000 boxes

The Cost C = $6.4 per each box

The Carrying cost H = 25% of the unit cost = 0.25*6.4 = 1.6

The ordering costs S = $25.00

Now,

EOQ =√2DS/H

EOQ =√(2*5000 * 25)/1.6

Thus,

EOQ =Q = 395.28

The Total cost = DC + (Q/2)H + (D/Q)S

= 5000*6.4 + (395.28 /2) 1.6 + (5000/395.28)25

Then,

T = 32000 + 316.23 + 316.23

= 32632.46

So,

The new supplier has offered to sell the same item for the amount of $6.00 if Q = 3,000 boxes

Hence,

The total cost = 5000 * 6 + (3000/2)1.5 + (5000/3000)25

= 30000 + 2250 + 41.67

= 32291.67

Therefore, The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

7 0

3 years ago

Can an isoquant ever slope upward? Explain. A. Yes. Where diminishing returns occur, the isoquant is upward sloping. B. Yes. I

alina1380 [7]

Answer:

B is the answer have a great day

Explanation:

6 0

3 years ago

A list of fi nancial statement items for Chin Company includes the following: accounts receivable $14,000, prepaid insurance $2,

Arturiano [62]

Answer:

Explanation:

Data provided in the question:

Accounts receivable = $14,000

Prepaid insurance = $2,600

cash = $10,400

supplies = $3,800

Debt investments (short-term) = $8,200

Now,

Balance sheet listing the items in the proper sequence is as follows

Current Assets Amount

Cash $10,400

Debt investments (short term) $8,200

Accounts receivables $14,000

Supplies $3800

Prepaid Insurance $2,600

=================================================================

Total current assets $39,000

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3 years ago

Angelina is not in the market for new shoes, but she notices a luxury shoe brand featured in her favorite television show and se

Strike441 [17]

Answer:

Angelina is in a passive shopping mode

Explanation:

Passive shopping occurs when an individual is not actively looking to purchase a good or product but is influenced to do so by external factors, such as an advert on television, seeing the product online, or a friend that owns the product.

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3 years ago

Discuss the social views that influence our relationship

Scrat [10]

Answer:

relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them

5 0

3 years ago

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