It is known as a vendor managed inventory system. Option C is correct
- When the supplier determines the product amount and assortment a customer needs and automatically delivers the appropriate items, it is known as a <u>Vendor Managed</u> inventory system.
Whats a Vendor Managed inventory system ?
- Vendor-managed inventory is an approach to inventory control where a provider of the product, typically the manufacturer, is in charge of making the most of the stock that a distributor has on hand.
- A retailer determines the order size on their own in traditional inventory management.
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Correct Question - When the supplier determines the product amount and assortment a customer needs and automatically delivers the appropriate items, it is known as a _______ inventory system.
A) consumer-response
B) responsive
C) vendor-managed
D) just-in-time
Answer:
The answer is C. decrease the number of skis sold
Explanation:
This satisfies the popular law of demand which states that other things being equal, the higher the price the lower the quantity demanded and vice-versa.
Ski lift is a normal good which also satisfies the law of demand. The elasticity of demand is elastic meaning 1% increase in price will lead to a significant decrease in quantity demanded.
If a competitive market has three firms with marginal costs of mc1 = q1, mc2 = 0.50q2, and mc3 = 2q3 and faces a market price of $10, the total quantity supplied by all three firms is 35.
Marginal cost is the cost to supply one additional unit of manufacturing. it's far an important idea in cost accounting as marginal price facilitates deciding the most efficient degree of manufacturing for a manufacturing manner. It's far calculated via figuring out what fees are incurred if best one additional unit is manufactured.
In economics, the marginal cost is the exchange within the general value that arises whilst the amount produced is incremented, the fee of manufacturing extra quantity.
Marginal cost is the added price to provide an extra desirable. as instance, say that to make 100 automobile tires, it costs $100. To make one greater tire could value $80. this is then the marginal fee: how lots it expenses to create one additional unit of a great or service. The charges of manufacturing determine the marginal value.
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Solution :
It is given that :
Amount of investment or the principle amount , P = $ 100
Time of investment , t = 6 years
Rate of interest compounded annually r = 6 %
Therefore the future amount of this investment in a 6 year time is given by,
Therefore, after 6 years the investment of $ 100 will give an amount of $ 141.
Answer:
Par value of common stock is $2.5
Explanation:
The par value of common stock can determined by dividing the common stock total amount in each of the two years by the shares issued and outstanding in each year as demonstrated below:
2019:
Par value of common stock =Common stock($)/shares issued
common stock($) is $555 million
shares issued and outstanding is 222 million shares
par value of common stock=$555 million/222 million=$2.5
2020:
Par value of common stock =Common stock($)/shares issued
common stock($) is $560 million
shares issued and outstanding is 224 million shares
par value of common stock=$560 million/224 million=$2.5
Ultimately the par value of common stock as shown be computations for both years is $2.5