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True [87]
2 years ago
9

Extra units that are held in inventory to reduce stockouts are called a. demand variance. b. reorder point. c. safety stock. d.

just-in-time inventory.
Business
1 answer:
vampirchik [111]2 years ago
7 0

Extra units that are held in inventory to reduce stock outs are called just-in-time inventory. The term inventory refers to both the raw materials utilized in production and the finished commodities that are ready for sale. The first-in, first-out method, the last-in, first-out approach are used for inventory valuation.

Inventory turnover is a major contributor to revenue production and, subsequently, to profits for the company's shareholders, making it one of a company's most valuable assets. Work-in-progress items, finished goods, and raw materials make up the three categories of inventory. It is classified as a current asset on the asset side of a company's balance sheet.

To learn more about inventory, click here.

brainly.com/question/15118949

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Which is true in a perfect economy ?
Iteru [2.4K]

Answer:

business owners should focus on pricing their products correctly so customers choose it over competitors products.

Explanation:

Mark me brainlest!

8 0
3 years ago
Andrew is a software tester. He runs through the same kinds of programs day after day, looking for bugs and reporting them. The
Inessa05 [86]

Answer: The workers in another department do the programming needed to fix the problems

Explanation:

Every organization has job roles and task for which individuals where employed for and in most cases workers are not really permitted to do beyond their task unless they are asked to do so by the organization or they are asked by their colleagues to assist them, despite Andrew taking classes in software training, he would still need approval from the organization before he can carry out task in another department.

6 0
3 years ago
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) Refurbish the
IRISSAK [1]

Answer:

Alternative A= $1570

Explanation:

Giving the following information:

It has three choices:

(a) Refurbish the old equipment for $800.

Materials and labor= $1.10 per board.

(b) make major modifications for $1,100

Materials and labor= $0.70.

(c) purchase new equipment at a net cost of $1,800.

Variable costs= $0.40.

Q= 700

Alternative A= 800+1.10*700= $1570

Alternative B= 1100+0.70*700= $1590

Alternative C= 1800+0.40*700= $2080

The cheapest alternative is Alternative A. To make a full analysis you need the selling price, which we don't have.  

4 0
4 years ago
In which of these instances is demand said to be perfectly inelastic?
Murljashka [212]

Answer:

b. A decrease in price of 2% causes an increase in quantity demanded of 0%.

Explanation:

By definition, the demand is said to be <em>perfectly inelastic</em> when no matter how much the price of a good changes, you will still be consuming the same exact amount as you did before the price changed.

Keeping this in mind, we know that the price may increase or decrease in 2%, but the demanded quantity will not have any change at all (people won't consume less or more).

So, now we know that the correct answer is <em>b, </em>because a decrease in price of 2% causes an increase in quantity demanded of 0% - in other words, people's purchase decision weren't influenced by the change in the price.

5 0
3 years ago
Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.
OLEGan [10]

Answer:

The correct answer is S corporation.

Explanation:

Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.

Carol has multiple partners and she wants to avoid both double taxation and personal liability at the same time.  

She also wants to pay the partners based on their company ownership percentage.

She can do all this by forming an S corporation.  

A corporation is a business entity that is separate from its owners. The owners do not have personal liabilities for the debts of businesses.  

An S corporation is a type of corporation which fulfills specific Internal Revenue Code requirements. It is a small business with 100 or less than 100 shareholders. It gives limited liability benefits to a corporation and is taxed as a partnership. It can also pass income directly to shareholders and avoid double taxation.

5 0
3 years ago
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