The answer to this question is a material breach. A material breach is a breach of contract where in the other party failed to provide or perform what is needed in the contract. This also shows that the contract can no longer be completed.
Answer: 980
Explanation:
The number of units of inventory that the storage area must be able to hold will be calculated as:
Demand = 100 × 300 = 30000
Production rate per day = 500
Setup cost = $200
Annual holding cost = $10
We then use the economic order quantity formula to solve and the answer will be gotten as 1225
The maximum inventory will now be:
= EQQ × (1-d/p)
= 1225 × (1-100/500)
= 1225 × ( 1 - 0.2)
= 1225 × 0.8
= 980
Answer:
forced distribution
Explanation:
Forced distribution method is the oldest method used in various industries to evaluate the performance of any class of employees based on some standard norms as set by the company under this method.
It basically distributes each class of employee into category of management, lower, middle or upper.
This is forced because there is no change in such evaluation method, despite even the change in the company's working style is there.
But in the given instance the company has followed this forced distribution.
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