Answer:
c. 50
Explanation:
Fixed-order-interval inventory model also known as fixed reorder cycle inventory model is used to manage supply of raw material to a business based on demand of the product. Review of inventory is done by inventory analyst at fixed intervals and of inventory level is above a predetermined reorder level, nothing is done.
If however stock is at or below set reorder level raw material is purchased and is based on the formula- Maximum level - Current level.
In the scenario above we use the following formula
Standard deviation of demand over the review and lead-time period(SD)=Square root of { (Lead time+ Number of days between review)* (Standard deviation of daily demand)^2}
SD= √ {(10+15)*(10)^2}
SD= √ (25* 100)
SD= √2,500
SD= 50
Overdraft Protection is a financial institution's decision to honor your checks even when you have exceeded your balance. A fee is charged to you for every overdraft.
Answer:
The correct answer is option D.
Explanation:
Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.
An outward shift in the production possibility frontier imply that production of output is increasing.
Production may increase because of increase in inputs.
Here, the shift in production is happening because of increase in labor force.
