The optimal reorder point of Sweet Cream Dairy is 27.71 or 28 (rounded off) and Safety stock is 15. 91 or 16 gallons (rounded off)
Explanation:
the reorder point is to multiply the average daily usage rate for an inventory item by the lead time in days to replenish it.
The safety stock formula with standard deviation is more complicated but also more accurate.
Safety stock = desired service level × standard deviation of lead time × demand average
Safety stock = ( 93÷100) × 2.9 × 5.9 = 15. 91 or 16 gallons (rounded off)

Reorder Point = (Average Daily Usage x Average Lead Time in Days) + Safety Stock
= (5.9 x 2) + 15. 91 = 11.8 + 15.91 = 27.71 or 28 (rounded off)

Answer:
<em>The adjustment for overapplied overhead </em><em><u>decreases cost of goods sold and increases</u></em><em> </em><em>net income</em>
Answer:
Place Mix
Explanation:
Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for several occasions weekly. Delivery to your home would constitute place mix element of the marketing mix for Blue Apron.
Basically , Market mix have<em> four </em>elements they are -
1. <u>Product Mix </u>- It refers to all the decisions which are related to the product.
2.<u> Price Mix</u> - It refers to all the decisions which are related to the price of the product.
3.<u> Promotion Mix</u> - It refers to all the decisions which are related to the promotion or sale of the product.
4. <u>Place Mix</u> - It refers to all the decisions which are related to make the product deliver to the customer.
When the product is not deliver at the right time and at the right place to the customer ,then all other activities of the marketing mix will be of no use . <em>Place Mix is an important element of the Marketing Mix.</em>
Place Mix have two elements which have in distribution of the product they are -
1. <u>Channels of distributions</u> - It includes the people and the firm .
2. <u>Physical distributions</u> - It includes the transportation or warehouse.
Answer:
formed a valid contract because Rachel's outward expressions showed the formation of a contract.
Explanation:
In contract, outward expressions refers to a situation when both parties has directly communicate the terms of a certain transaction and agreed upon it.
The contract is considered as 'valid' and considered to be a verbal agreement as soon as Rachel proposed a price and Julius agreed upon it.
One thing to remember, Even though this contract is considered as valid , it would be hard for Julius to held Rachel accountable to court since he has no way to proof that the verbal agreement has been made.
Depending on when you get paid.
If you get paid every week then weekly.
Most of the time I would say to make a budget weekly just because it is easier to keep track of.
so (C)