Answer:
b. The pattern of inventory consumption and replenishment over time.
Explanation:
- In the context of the E.O.Q model, the terms sawtooth refers to the patterns of the inventory consumption which is replenished over the time.
- The economic order quantity is the order quantity that minimizes the holding and the ordering cost and is one of the best classical production schedules models and applies only when a demand for a product is constant
They had $8,000 worth of merchandise at the beginning of the year
Answer:
D) Restricted license
Explanation:
A restricted license is issued as a disciplinary action against a non-restricted licensee. The conditions that define the restricted licences vary from case to case, and the commissioner may decide to suspend or revoke a restricted license without any hearing or additional cause.
This situation is extremely complicated for the licensee since the commissioner has absolute power regarding their status and can change it at will, and the licensee doesn't have any chance or anywhere to file a complaint.
Answer: the correct answer is A. suspended
Explanation:
Because of a major cause the obligation to deliver produce to Harvesters is suspended.
Answer and Explanation:
The computation of the ending balance of the work in process is shown below:
For April month
= $6,100 + $5,900
= $12,000
For May month
= $5,900 + $5,800 + $5,100 + $6,800
= $23,600
For June month
= $6,800 + $4,600
= $11,400
In this way the ending work in process is to be calculated for each month and the same is to be considered
