Answer:
EOQ = ≅ 8
Explanation:
EOQ = √(2SD)/H
S = ordering cost per order = $5.0
H= Holding cost = $76
D= Annual Demand = 484 drums
EOQ = √(2 x 5 x 484 )/76
= √63.68
7.98
This implies that the optimal quantity that can be ordered for to minimize ordering and carrying cost is 8 drums per order.
Answer:
Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.
If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.
It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.
<h3>When was McClelland's theory of needs developed?</h3>
- In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
- This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
- The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
- According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.
Learn more about McClelland's theory refer
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Answer: Interest on a Note Payable is most appropriately accrued: "B. as of the end of each accounting period during which the note is a liability.".
Explanation: As long as the Note Payable remains a liability and has not yet reached its due date, according to the accrual principle, at the end of each accounting period the accrued interest must be recognized, and when the Note payable reaches its expiration it must remain with balance 0 the interest not accrued account.
Answer:d the increase or decrease in cash flow for the period of time
Explanation:
It’s the amount gained and lost in the amount of time they were in business
