The strategy of modern manufacturing which Adam Smith was referring to is SPECIALIZATION.
Division of labour involves the division of a production process into many stages, each of which is handled by different employees. Division of labour leads to specialization; this is because one develop expertise in any skill that one engage in continuously.
Answer: company can produce boxes 100 times per year.
Explanation:
Ordering cost per order, S = $250
Annual demand, D = 500,000
Holding or carrying cost per unit, = $10
Economic order Quantity =
= = = 5000
Optimal order quantity = 5000 boxes.
Number of times company can produce boxes = Annual Demand/ Optimal order quantity = 500,000 / 5000 = 100 times
If the temperature of chilled food deliveries is less than or equal to +5°C and frozen food is not greater than –18°C. Food which is delivered at the wrong temperature must be rejected, i hope this helped!
Answer: 1.18
Explanation:
Portfolio beta is a weighted average of the individual stock betas in the portfolio.
Portfolio beta = (24% * 0.86) + (21% * 0.92) + (44% * 1.32) + (11% * 1.77)
= 0.2064 + 0.1932 + 0.5808 + 0.1947
= 1.1751
= 1.18
The answer is excess supply.
Excess supply happens when the quantity of goods is higher than demand. In excess supply, the price is above the equilibrium level determined by supply and demand. It is the opposite of excess demand. It can also affect the supply and demand of another market.