Answer: A. 41 units
Explanation:
Safety Stock refers to inventory that a company holds in case certain factors cause them to run out of goods to sell.
It is calculated by the following formula;
Safety Stock = Lead time factor * Service factor * Standard Deviation
The desired service factor for a 95% service level as shown in the attached table is, 1.64.
Assume a 1 month lead time factor.
Safety Stock = 1 * 1.64 * 25
= 41 units
Their revenue will be 6.05 * 105 based on the given conditions.
<h3>What do you mean of revenue?</h3>
1 : the total income produced by a given source a property expected to yield a large annual revenue.
2 : the gross income returned by an investment.
3 : the yield of sources of income (as taxes) that a political unit (as a nation or state) collects and receives into the treasury for public use.
<h3>What is revenue example?</h3><h3>Types of revenue include:</h3>
The sale of goods, products, or merchandise.
The sale of services, such as consulting.
Rental income from a commercial property (notice the use of “income”) The sale of tickets to a concert.
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New classical economists believe fiscal policy is ineffective because any increase in government spending will cause households to spend less.
A government is a system or group of people that governs an organized community (generally a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Government is the body through which leaders exercise the power to make and enforce laws. The basic functions of government are leadership, maintenance of order, provision of public services, provision of national security, provision of economic security, and provision of economic assistance.
Government is defined as the exercise of control or power over a group of people. An example of a government is the British Parliament.
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Answer: state ownership
Explanation:
State ownership was once considered the ideal engine for economic growth, but resulted in inflated public-sector bureaucracies and inefficient public companies.
In state owned enterprises, there are inefficiencies among the employees as they don't really strive to achieve their goals unlike those that works in private establishments who are more serious with their work.
Answer:
The correct answer is D. Technological changes in the ways workers look for jobs is not a reason why the natural rate of unemployment can change over time.
Explanation:
The fact that workers looking for work change their search methods is not a factor that influences the natural unemployment rate of a given country. This is so because, in any case, this would influence the supply of workers, but not the supply of jobs, which is what ultimately determines the unemployment rate.
In other words, the lower the number of workers looking for work, the unemployment rate does not increase. Unemployment rates increase when what decreases is the number of available jobs.