Customers drive away after failing to find a place to park at a supermarket. The current process is _________

1 answer:

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Capacity constrained; It is a process or a situation when an institution fails to accommodate its customers and their belongings in the capacity available.

More about Capacity constrained:

Bottlenecks, sometimes referred to as capacity restrictions, are areas or steps in your operation that move more slowly than others. A capacity limitation can be compared to a bottleneck because, just like with a bottle of milk, only a certain amount of milk can flow through the bottle's neck at once, regardless of how big the remainder of the bottle is.

Capacity constraints are a common problem, and there are many ways around this issue. One tried and true approach that many companies use was proposed by Eliyahu Goldratt in his book “The Goal.”

Complete question:

Customers are driving away after failing to find a place to park at a supermarket. The process currently is:

a. Capacity constrained.

b. Demand constrained.

c. Supply exceeds demand.

d. Capacity unconstrained.

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Ms. Langley is 30 years old and has begun a retirement plan that permits he r to place monthly amounts of $400 into a retirement

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Answer:

Instructions are listed below

Explanation:

Giving the following information:

Ms. Langley is 30 years old and has begun a retirement plan that permits her to place monthly amounts of $400 into a retirement vehicle, beginning one month from now, for 30 consecutive years.

When Ms. Langley reaches her retirement at age 60, she expects to live for 25 more years. The interest rate is 6%.

First, we need to calculate the amount of money that she will have at age 60, using the following formula.

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit= 400

n= 30*12= 360

i= 0.06/12= 0.005

FV= {400[(1.005^360)-1]}/0.005= $401,806.02

Months= 25years*12= 300 months

Monthly= 401,806.02/300= $1,339.35

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3 years ago

Determine the market potential for a product that has 20 million prospective buyers who purchase an average of 2 per year and pr

Gnoma [55]

4,000,000 units should be sold a company

<u>Explanation:</u>

<u>Calculating the sales in units:</u>

It has been given that the toal market demand is $20 million, average quantity purchased by buyer per year is 2 units, price average is $50, and the desired share of the market is 10%.

$Q=n * q * p$