If the daily demand is 100 units and the lead time is 10 days, the reorder point is 1000 units
The formula for reorder point is:
Reorder point = (Average daily demand * Lead time) + Safety stock
putting the values in the above formual, we get,
Reorder point = (100 * 10) + 0
Reorder point = 1000 units
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional piece makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
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Answer:
gain on sale 40,000
RoI 200%
Explanation:
The gain will be:
sales - cost = gain
240,000 sales price
- 200,000 cost
40,000 gain
<u><em>If the loan generate interest, those interest should be subtracted.</em></u>
return on investment
the loan is not part of the investment, only the 20,000 you invest is consider.
40,000/20,000 = 200%
Answer:
Managers are most likely to use detailed rules, SOPs( standard operating procedures), and restrictive norms to govern employees activities.
True because you need a Signature to use it as credit