Answer:
475
Explanation:
The computation of the target level that should be set is given below:
= demand per day × (lead time + review period)+ safety stock
where
safety stock is
= z value at service level × standard deviation × √(review period + lead time)
= 1.64 × 5 × √(7 + 2)
= 24.67
Now the target level should be
= 50 × (7 + 2) + 24.67
= 474.67
= 475
Answer:
Are ups and downs in the level of economic activity
Explanation:
Business cycles is defined as the various ups and downs in the economic activities of a particular nations. These ups and downs are generally measured by the fluctuations in the macro economic variables. These macro economic variables includes:
(i) Gross domestic product (GDP)
(ii) Employment
(iii) Rate of consumption
There are four major phases in the process of business cycle are as follows:
(i) Expansion
(ii) Peak
(iii) Contraction
(iv) Trough
Answer:
A Constitution is a formal document that sets out the rules governing a company. It also defines the relationship between the company, shareholders, director and other officers of the company. ... This is an important legal document that has to be taken into consideration when registering a new company.
Answer: $52,840
Explanation:
The opportunity cost are the benefits he will give up to pursue his current venture of landscaping.
= Salary from working for uncle + Interest on the Savings to be used in business + Difference in market value if he waits till the end of the year
= 50,000 + (7% * 12,000) + (12,000 - 10,000)
= $52,840
Answer:
Multi-Segment Marketing
Explanation:
As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing
