Competition forces firms to produce and sell products as long as the marginal cost to consumers exceeds the marginal cost of production.
Answer:
957 pounds of pepperoni
Explanation:
In this problem, orders (T) are being taken every 5 weeks while the delivery (L) is approximately 4 weeks. Given a probability of 98 %, we can estimate that the area [F(z)] under the ' z' left side of the normal distribution curve is 0.98. Therefore,
0.98 - 0.50 = 0.48, using the standard normal table, for an area of 0.48, the value is 2.055. Thus, the pounds pepperoni (Q) that will be ordered:
Q = 130(5+4) + 2.055(120) - 460 = 1170 + 246.6 - 460 = 956.6
Approximately 957 pounds of pepperoni.
<span>As of June 30, 2013, Great Adventures finishes its first 12 months of operations. If Suzie wants to prepare financial statements, part of the process would involve allowing for uncollectible accounts receivable</span>
A dynamic leader must establish task teams at various organizational levels to communicate the advantages of a policy change, organize a series of town hall meetings to discuss the change and hear employee concerns, and hold informal meetings with senior managers, department heads, and staff members.
<h3>
What is a policy?</h3>
A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies. Policies used in subjective decision-making typically help senior management with choices that must be based on the relative merits of a variety of variables and, as a result, are frequently challenging to assess objectively, such as work-life balance policies. In addition, governments and other institutions have policies in the form of laws, rules, guidelines, administrative procedures, rewards, and voluntary practises. Resources are frequently distributed in accordance with policy choices. A policy is a guideline for recurring or routine organizational actions.
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