<span>Exporting. Exporting means sending goods or services produced in one country to another country. This is usually carried out with the intention of boosting revenue. Alice, in this instance, is referred to as an exporter; Exporting has a direct influence on a country's economy including but not limited to improving untapped markets, lower unit cost, minimising the effects of seasonal fluctuations in sales and many more.</span>
Answer:
$1,498.86
Explanation:
Given that;
Packing of crates per month(u) = 779
Annual carrying cost of 39% of the purchase price per crate
Ordering cost (S) = $27
D = 779 × 12 = $9,348 crates per year
H = 0.39P
H = 0.39 × $12
H = $4.68 crates per year
Total ordering cost = D/Q × S
= ( $9,348 / 779 ) × $27
= $324
Total Holding cost = Q / 2 × H
= ( 779 / 2 ) × $4.68
= $1,822.86
Annual savings = Total holding cost - Total ordering cost
= $1,822.86 - $324
= $1,498.86
The firm would be saving $1,498.86 annually.
The information system category that is used to carry out processing for business event data at the operation level is Transaction processing systems (TPS).
<h3>What is Transaction processing systems (TPS)?</h3>
Transaction processing systems (TPS) refers to a type of information system that businesses use to record their day to day activities at the operational level.
This system is therefore important because it ensures that a business keeps track of its event data.
Find out more on Transaction processing systems (TPS) at brainly.com/question/27506004
#SPJ1
Explanation:
To formulate the LP model for this problem,
Let,
<em>X1 = Number of beds to produce</em>
<em>X2 = Number of Desks to produce</em>
Our objective function:
Max: 30X1 + 40X2
Constraints:
- 6X1 + 4X2 ≤ 36 available carpentry hours
- 4X1 + 8X2 ≤ 40 available vanishing hours
- X2 ≤ 8 (demand for X2)
- X1, X2 ≥0
Based on the constraints information as well as the objective function you can then solve using the graphical method.