They use The Economic Analysis Method to assign an monetary value, because it is often difficult to assign a value. This approach ( The Economic Analysis Method) states that, the patents value is the replacement cost, or at least the right amount to replace the protection right on the invention.
I hope this answered your question! :^)
Answer:
The appropriate solution is:
(a) 2828 cases each time
(b) $4005656.85
(c) $3609800
Explanation:
The given values are:
Annual demand,
D = 200,000 cases
Per case cost,
C = $20
Carrying host,
H = 
= $
Ordering cost,
S = $40
(a)
The economic order quantity will be:
⇒ 
On substituting the values, we get
![=\sqrt{[\frac{(2\times 200000\times 40)}{2} ]}](https://tex.z-dn.net/?f=%3D%5Csqrt%7B%5B%5Cfrac%7B%282%5Ctimes%20200000%5Ctimes%2040%29%7D%7B2%7D%20%5D%7D)
(b)
According to the question,
The annual ordering cost will be:
= 
= 
= 
($)
The annual carrying cost will be:
= 
= 
= 
($)
The annual purchase cost will be:
= 
= 
= 
($)
Now,
The total inventory cost will be:
= 
= 
($)
(c)
According to the question,
Order quantity,
Q = 10000 cases
Per case cost,
C = $18
Carrying cost,
H = 
= 
The annual ordering cost will be:
= 
= 
= 
($)
The annual carrying cost will be:
= 
= 
= 
($)
The annual purchase cost will be:
=
= 
= 
Now,
The total cost of inventory will be:
= 
= 
($)
With respect to binding Frakking Mining to contracts, Emery is: B. an agent and has the authority.
<h3>What is contract?</h3>
A contract can be defined as an agreement between two or more parties in which the parties involve tend to agreed to the terms and condition of the contract.
Hence, if Emery serves in a representative capacity for Frakking's Mining Corporation owners with regards to binding Frakking Mining to contracts, Emery is will be an agent and tend to have the authority.
Therefore the correct option is B.
Learn more about contract here:brainly.com/question/984979
#SPJ1
You should report the vendor for fraud and your boss for association with the vendor.
<span>Determining point of diminishing returns, that is when the policy makers are getting less back than what they put into the programs. This is the most often used economic method by policy makers when they make pollution regulations.</span>
