<u>D. A premium rooftop restaurant in the same city</u> will be a part of Golden Harvest's strategic group.
<u>Explanation</u>:
A 5 Star Hotel is a hotel that provides a luxury service to its customers through its operation. It is operated to serve their guest at high level. The materials, tables and each and everything used in the five-star hotel are set with high quality. They provide utmost care to their guest.
In the above scenario, Golden Harvest is the restaurant that is operated inside a five-star hotel. They provide quality dining to their customers. The customers visiting the restaurant expect only the quality and they don’t bother about the prices.
This shows that <u>a premium rooftop restaurant in the same city will be a part of Golden Harvest’s strategic group.
</u>
Answer: a reduction in safety stock and/or lead time
Explanation:
Kanban is a visual system that is used for the management of work as the work moves through a process. It should be noted that it is a concept that tells one what to produce, quantity to produce and when to produce it.
A reduction in the number of kanbans (given a constant container size) requires a reduction in safety stock and/or lead time.
Future Value is $7,327.20
<h3>What is compound interest ?</h3>
Compound interest is the interest on deposits that is computed using both the original principal and the interest accrued over time.
It is thought that the concept of "interest on interest" or compound interest first appeared in Italy in the 17th century. Compared to simple interest, which is just charged on the principal amount, it will cause a sum to grow more quickly.
Money grows more quickly when it is compounded, and compound interest increases as the number of compounding periods increases.
CI formula : A = P(1 + r/n)^nt
where,
P = principal balance,
r = interest rate,
n = number of times interest is compounded per time period and
t = number of time periods.
To solve this question :
A = P(1 + r/n)^nt
= 6,000 (1 + 0.02/12) 120
= USD 7,327.20
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The Long-Run Aggregate Supply curve represents the full employment capacity of the economy and depends on the amount of resources available for production and the available technology.
<h3>What is Long-Run Aggregate Supply Curve?</h3>
The Long-Run Aggregate Supply (LRAS) Curve depicts the relationship between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible. Along the LRAS, prices can move, but production cannot since it represents the output of full employment.
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