Answer:
Inbound Logistics
Explanation:
Logistics is the method of managing materials and information between two points that is between the supplier and the manufacturer.
Inbound logistics means managing the materials and parts between the manufacturer and the supplier with the help of transportation and deals with the procurement and storage of the materials and parts.
A retail company sells agricultural produce and consumer products. The company procures materials from farmers and local producers. This process is an example of <u>Inbound Logistics. </u>
Answer:
The value of the inventory at the lower of cost or market price is:
= $21,170.
Explanation:
a) Data and Calculations:
Product Inventory Cost per Unit Market Value per Unit LCNRV
Quantity (Net Realizable Value)
Model A 12 $106 $102 $1,225 (12*$102)
Model B 45 84 70 3,150 (45*$70)
Model C 36 254 243 8,748 (36*$243)
Model D 31 85 88 2,635 (31*$88)
Model E 41 132 148 5,412 (41*$132)
Total cost of inventory based on LCNRV (per item) $21,170
Answer:
true
Explanation:
items first before listing the price
Answer:
E) all of the above
- A. testimonial
- B. the product itself
- C. portfolio
- D. advertisements
Explanation:
Testimonials are statements that support your credibility, reputation or level of expertise.
If you are trying to sell something, it always helps to be able to show the physical product.
You should keep updated your sales portfolio specially with any new deal or promotion offered by the company or different discount prices.
Advertisements always help by making more people know about your product.
Answer:
d) the money supply should grow at a constant rate.
Explanation:
The Federal Reserve System (popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, the Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
Monetary growth rule is a theory that was proposed by Friedman and it states that the Federal Reserve System (Fed) should be required to set or target the money supply growth rate to be equal to the growth rate of Real gross domestic product (GDP) each year and leaving the price level of goods and services unchanged.
Basically, this growth rate of gross domestic product (GDP) is usually set between 1% and 4%. Also, the monetary growth rule is also referred to as the K-Percent rule.
Hence, a monetary growth rule means that the money supply should grow at a constant rate.
