Answer:
D = 2,510 brackets
H = $1.60
Co = $20
EOQ = √2 x 2510 x 20/1.60
EOQ = 250 units
Average inventory = EOQ/2
= 250/2
= 125 units
Total Holding Cost = QH/2
= 250 x $1.60/2
= $200
No of order = Annual demand/EOQ
= 2,510/250
= 10 times
Annual ordering cost = DCo/Q
= 2,510 x $20/250
= $200
Total annual cost = Annual ordering cost + annual holding cost
= $200 + $200
= $400
Time between orders = No of working days in a year/No of order
= 250/10
= 25 days
Explanation: Economic order quantity is a function of square root of 2 x annual demand x ordering cost per order divided by holding cost per item per annum. D denotes annual demand, Co is ordering cost per order and H represents holding cost per item per annum.
Average inventory is calculated as EOQ/2
Total annual holding cost is calculated as EOQ multiplied by holding cost per item per annum/2
No of order is the ratio of annual demand to EOQ
Annual ordering cost is calculated as annual demand multiplied by ordering cost per order divided by EOQ
Total annual cost is the aggregate of annual ordering cost and annual holding cost
Time between orders is the ratio of number of days in a year to number of order
Answer: Co-creation process.
Explanation:
A co-creation process is basically refers to the designing process various types of products and the services in an organization where the customer plays an important role in the form of input in the system.
The co-creation process majorly focuses on the consumer experience and the relationship with the customers.
The one of the main step that involve in the process of the co-creation process is that it select the best contribution from the users and then it used in the products and the services in an organization.
According to the given scenario, the clod storage software is an organization that shows the early version of the software to the customer for make changes based on the users feedback.
Therefore, Clouds storage solution is using the co-creation process.
Answer:
The presentation made good use of visual aids.
Explanation:
Given that a well-organized presentation is a type of presentation that attracts and satisfies the audience's curiosity and at the same time is well relevant to the topic of discussion.
Hence, in this case, the correct answer to the question is "The presentation made good use of visual aids."
This is because the visual aids in the presentation attract the audience and at the same time depicts relevant points to the topic
The branch of macroeconomics that specifically focuses on developing economic issues is Development Economics.
Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.
The economy is divided into two important parts, namely: Macroeconomics & Microeconomics
- Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.
- Macroeconomics can be defined as a branch of economics that describes a substantial picture.
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Answer:
<u>Interpersonal influences and organizational factors.</u>
Explanation:
<u>Interpersonal influences</u> are those that include interests, status, and authority in an organization. It should be included in the approach for the potential new buyer to recognize the lead authorities and the interests of who might be their new supplier. It is also imperative that the marketing director include <u>organizational factors</u>, objectives, policies, and organizational processes in the approach to influence purchasing, as these factors are key to demonstrating credibility and viability for the new buyer.