Answer:
By using the EOQ model, ray should order 22.8 units or 23 units each time
Explanation:
Solution
Recall that:
Ray annual estimated demand for this model is = 1,050 units
The cost of one unit carry is =$105
He estimated each order costs to place = $26
Now,
The EOQ model= (2*annual demand*ordering cost/holding cost per unit per year)^.5
Thus,
EOQ = (2*1050*26/105)^.5
EOQ = 22.8 units or 23 units
Answer:
In a structural way
Explanation:
the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.
The new-product process stage of market testing involves two items -
- Using realistic purchase conditions to see if consumers will buy
- Exposing actual products to prospective consumers
- To find out how well a product, service, or offering will perform, one can conduct market research.
- It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
- Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
- Let's explore each of them in more depth.
How many steps are in the new product development process multiple choice question?
- The process of bringing a brand-new product idea to market is known as new product development (NPD).
- It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.
Learn more about new product development (NPD) brainly.com/question/26679051
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Arjun.............................................
The answer to question one is raising financial capital is difficult and the owner is personally liable for business debts.
Sole proprietorships have a number of advantages and disadvantages. These are two of the biggest disadvantages.
Question number two can be solved through the process of elimination. The workers and shareholders would not be hiring anyone. This leaves the Presidents and Vice Presidents. The President would normally hire the Vice Presidents, and then the Vice Presidents would hire and supervise the heads of the departments.
