1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mafiozo [28]
3 years ago
8

Mumbai Grocery in India buys produce directly from farmers. It provides the farmers with information: It tells them the amount i

t would like the farmers to harvest each day to avoid having too little, thus losing sales, or too much, causing some of the produce to spoil and become unsellable. Does Mumbai Grocery have a supply chain orientation? Is it practicing supply chain management? Defend your answers.
Business
1 answer:
MAXImum [283]3 years ago
4 0

Answer:

Yes the Mumbai Grocery is practicing supply chain orientation.

Explanation:

Supply chain orientation has been defined as the ability of a company to identify and recognize the systematic and strategic implication of the activities and process involved in managing various flow in the supply chain.

Therefore a company or an organization is said have supply chain orientation when its management and staff can understand better the implication of flow of information, products, services, finances  across their suppliers and customers.

In the case of the Mumbai Grocery, it can be established that they have SCO because they understand that intrinsic link between her suppliers and customers. Their ability to know what  their suppliers will harvest each day to avoid too little or much is a clear testament that there is a flow of information.

For instance, there are seasons the Mumbai Grocery have identified as low seasons and high seasons in their sale chart. This will form their opinion on the flow of supplies and products from thier supplier and to their customers.

You might be interested in
He georgetown, south carolina, traffic division reported 40% of high-speed chases involving automobiles result in a minor or maj
stellarik [79]

Answer: The probability that 25 or more out of 50 high speed chases result in minor or major accidents is 0.097807364  or 9.781%.

The rate of accidents at 0.40 is a constant rate, and hence we can use the binomial distribution to calculate the probability.

The formula for computing the probability with the binomial distribution is:

P(X=x) = _{n}C_{x}*p^{x}*q^{n-x}

where

N  is number of trials  = 50

p is probability of of a hit in a single trial. In this case, p = 0.40

q is probability of of a miss in a single trial. Now q = 1 - p; q = 1 - 0.4 = 0.6 for this question

x will take on the whole numbers from 25  and continue upto 50

The questions asks us to compute the probability that 25 or more chases will result in an accident.  

We express this as P( X≥ 25) mathematically.

We can also express P( X≥ 25)  as P (x=25) + P(x=26) + ................ + P(50) i.e the sum of all the individual probabilities when x assumes each of the values from 25 upto 50.

That's why x will take on each of the whole numbers from 25 to 50.

We can compute P( X=25) by substituting the values in the formula above.

P(X=25) = _{50}C_{25}*0.4^{25}*0.6^{50-25}

P(X=25) = \frac{n!}{x!*(n-x)!}*0.4^{25}*0.6^{50-25}

P(X=25) = \frac{50!}{25!*(50-25)!}*0.4^{25}*0.6^{50-25}

P(x=25) = 0.040463604

Similarly we need to compute the probabilities for x =26, 27 and so on until x =50. The sum total of all these probabilities the answer.

The workings have been made in excel and are attached to this answer as a picture.

4 0
3 years ago
Adam and barb go to the store to purchase some lottery tickets. without looking at the price, adam says "i’ll take 10 lottery ti
Shtirlitz [24]

Answer:

Price elasticity of demand for Adam=0

Price elasticity of demand for Barb=1

Explanation:

Price elasticity of demand = %age change in demanded QTY / %age change in demanded price

The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0

The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1

6 0
4 years ago
You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currently sell for $83,800. You beli
lana [24]

Answer:

We to invest <em> $ 17,213 per year to buy the car in  seven years from now</em>

Explanation:

<u><em>First, we solve for the future value of the car:</em></u>

Principal \: (1+ r)^{time} = Amount

Principal 83,800.00

time 7.00

rate 0.10000

83800 \: (1+ 0.1)^{7} = Amount

Amount 163,302.49

<u><em>Then, for the PTM to achieve tham amount in 7 years:</em></u>

FV \div \frac{(1+r)^{time} -1}{rate} = C\\

FV 163,302

time 7

rate 0.1

163302.49298 \div \frac{(1+0.1)^{7} -1 }{0.1} = C\\

<em>C  $ 17,212.981 </em>

8 0
3 years ago
AllTech Corporation had a balance of $ 1 comma 800 in Prepaid Supplies at the beginning of the year. The company purchased $ 1 c
posledela

Answer:

What is the amount of Supplies Expense that AllTech Corporation will recognize for the​ year?

$1050

Explanation:

Beggining of the year 1800

Purchased 1150

 

End of the year 1900

Expenses 1050

 

end = beg+purtcahse-expense  

 

expense=beg+purchases-end  

 

expense=1050  

4 0
3 years ago
Ras are simpler to complete than risk management plans, because risk management plans are continuous processes while ras are sim
Kamila [148]
<span>Ras are simpler to complete than risk management plans, because risk management plans are continuous processes while ras are simple point-in-time documents that can easily be completed in a single sitting.

False</span>
4 0
4 years ago
Other questions:
  • Ben Chang noticed that his store was lagging in sales. He realized that his staff was not experienced enough. As the store manag
    15·2 answers
  • Jamie’s Bakery, a small chain of eight bakeries in Altamonte Springs, Florida has recorded sales growth of 30 percent or more pe
    6·1 answer
  • 25-Which of the following is the BEST indicator of the economic​ well-being of the average​ citizen?
    8·2 answers
  • According to economists, when two people make the exactly opposite decision:
    14·1 answer
  • Sam's business will cost $49,500 to set up and run for the first year. Sam then expects an annual operational expense total of $
    6·1 answer
  • In which system is private property found?
    5·2 answers
  • Montana Mining Co. pays $3,721,000 for an ore deposit containing 1,525,000 tons. The company installs machinery in the mine cost
    14·1 answer
  • What is enterprise in your own <br> words
    7·1 answer
  • What activities can Future Educators Association members participate in? Select two options. Sporting events political rallies c
    5·1 answer
  • All counties in Texas have the same basic structure, as dictated by law, with little localized variation. Critics take issue wit
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!