Answer:
(a) the optimal production run quantity (Q) = 633
(b) the total annual inventory cost (AHC AOC) = $ 3,162.28
(c) the optimal number of production runs per year = 7
(d) The run length (production run time) = 16 days
Explanation:
(a) the optimal production run quantity (Q).
optimal production run quantity = √(2×Annual Demand×Setup Costs) / Holding Costs
= √(2×4000×$250)/ $5
= 633
(b) the total annual inventory cost (AHC AOC).
total annual inventory cost = Setup Costs + Holding Costs
= 4,000/633×$250+633/2×$5
= $1,579.78+$1,582.50
= $ 3,162.28
(c) the optimal number of production runs per year.
number of production runs per year = Total Demand / optimal production run quantity
= 4,000/633
= 7
(d) The run length (production run time).
production run time = optimal production run quantity / produce
= 633 / 40 cakes
= 16 days
Answer: Step 1(Consequentialist framework)
Explanation: Ethics is a system of accepted rules or sets of moral acts that guides how people in an organization or a community exist or interact,Ethics has also been called Moral phylosophy. Ethics has been classified into three different frameworks which includes Consequentialist Framework( a framework where the output or result can be traced to the input,like the case with the question)
The Duty Framework( where the person involved has to think about the duty involved and its Ethical obligation in a given time) and the Virtue Framework(this Framework believe we acquire virtue the different moral acts we do or practice).
Answer:
The correct answer is letter "E": output.
Explanation:
The output is the number of goods or services produces by an organization given a specific period. The output is expressed in monetary value and is usually compared to the costs it took to produce the goods or services. The output does not necessarily imply talking about material goods. The output is intangible as well.
Thus, <em>the pumpkins production profits and losses of a farmer are considered as part of the output of an economy</em>.
Answer:
The correct answer is letter "C": inverse funds.
Explanation:
Inverse funds are types of mutual funds that perform in the opposite way to major indexes. For an inverse fund to increase, adverse economic situations must arise. These funds are typically pooled in inverse Exchange Traded Funds (<em>ETFs</em>) which is similar to having many short positions of different derivatives.
