A Third World country can be described as a(n) _________

Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply

Alex Ar [27]

Answer:

The answer is 150 gallons

Explanation:

First we will write out the relevant information in the question that will help us with our calculation:

Safety stock = 50 gallons

50 gallons = 9% stockout risk

??? gallons = 3% stockout risk

Next, you have to understand that the relationship between the safety stock and stockout risk is an inverse proportion. This means that the bigger the safetystock amount, the smaller the stockout risk, and vice versa. Therefore, there will be a lesser risk of running out of stock, as the safety stock amount increases.

Let g be the safety stock

Let r be the stockout risk

This relationship is represented as:

$g = \frac{k}{r}$

where k = a constant relating the safety stock and stockout risk.

Therefore :

$g*r=k$

$g_1r_1=g_2r_2$

where:

g₁ = 50 gallons

r₁ = 9%

r₂ = 3%

g₂ = ????

Therefore, making g₂ the subject of the formula:

$g_2=\frac{g_1*r_1}{r_2}$

$g_2 = \frac{50*9}{3} = \frac{450}{3} = 150$

Therefore, the saftey stock that would provide a stockout risk of 3% = 150 gallons.

3 0

3 years ago

Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea

Oxana [17]

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

7 0

4 years ago

What is one of the advantages of buying an existing business

Sloan [31]

Here are several advantages to buying an existing business; Immediate cash flow, existing costumers, suppliers, and financial history.

7 0

3 years ago

Paraphrasing is concerned with feeding back the key points of what a client has said. Reflection of feeling, in contrast, involv

ANEK [815]

Answer:

A. Helping clients become more affective

Explanation:

Reflection of feelings involves getting to know the emotions of the clients and reflecting those feelings back to the clients. This helps the client feels like he or she is being understood, listened to and validated. Reflection of feelings establishes a good rapport between the clients and the professional. Reflection of feeling statements accurately mirror client's feeling by identifying the client's emotions based on verbal and non verbal messages.

3 0

3 years ago

Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?

AysviL [449]

Answer: Agency problem

Explanation:

Agency problem is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

4 0

3 years ago

A Third World country can be described as a(n) __________ country.