Answer:
a. $19.15
b. A. The order quantity should be increased. Your answer is correct.
Explanation:
a) For what value of ordering cost would its action be optimal?
Carrying cost = 40% * $9 = $3.60
Optimal ordering cost = (50^2 × 3.60) ÷ (2 × 235) = $19.15.
Therefore, the optimal ordering cost of $ 19.15 per order will make his action to be optimal
b) If the true ordering cost turns out to be much greater than your answer to part (a), what is the impact on the firm's ordering policy?
A. The order quantity should be increased.
The reason is that any ordering cost higher than $19.15 will not be optimal and result to a loss. The best to avoid this is to reduce order quantity.
Answer:
In some societies it is considered rude to give the thumbs up signal
b. With one more meeting, I'm sure we can come to an agreement.
Explanation:
Intercultural communication is extremely important for people from different countries who need to live together for some reason.
This type of communication is even more important within a corporate environment and serves both to establish a harmonious environment between different cultures, as well as to avoid conflicting situations where an individual does something disrespectful to a particular culture.
In addition, it is essential that people from different cultures have a pleasant, non-judgmental and friendly attitude towards each other within a company.
For this reason, we can conclude that the best option to suggest a meeting between people of different cultures is using the phrase: With one more meeting, I am sure that we can reach an agreement.
Answer:
Sales tax = 5% x 32340 = $1,616
Tina's sales for the month = $32,340 - $1,616 = $30,724
The correct option is D
Explanation: Since the total receipts include sales tax of 5%. We need to eliminate the sales tax from the total receipt so as to obtain Tina's sales for the month.
