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
LUCKY_DIMON [66]
3 years ago
14

A finance manager has to select one of the four different suppliers of raw materials. The total cost functions under the four op

tions are given below. Assume the quality of the raw material to be the same, which of the following is preferred by the finance manager?
a. y =550550+4.674.67X
b. y =550550+4.954.95X
c. y=550550+5.425.42X
d. y =550550+4.444.44X
Business
1 answer:
Mandarinka [93]3 years ago
5 0

Answer:

Selection from four different suppliers

Total cost function:

d. y =550550+4.444.44X

Explanation:

This is the least among all the other three cost functions when x is applied to the function.  The other functions will have higher values of x than option d.

The finance manager is always interested in minimizing costs.  Since, the quality of the raw materials are the same, it makes financial and economic sense for the finance manager to choose option d with the lowest total cost function.

We decided the choice based on the dependent values of the functions with constant intercept value of 550550.

The intercept (often labeled the constant) is the expected mean value of Y when all X=0.

You might be interested in
The United Kingdom started regulating the size of grocery stores in the early​ 1990s, and​ today, the average size of a typical
Svetradugi [14.3K]

Answer:

C. The​ long-run average cost of production for U.K. grocery stores is lower if there are diseconomics of scale.

Explanation:

The diseconomy of scale is called the effect that occurs in the costs of a given production. These effects generate increasing costs for the company for each unit of product that is manufactured. Specifically and technically, a diseconomy of scale occurs when a percentage increase in production is less than the percentage increase in inputs.

Since the size of the grocery stores decreases, the average costs decreases. So, The​ long-run average cost of production is lower when there are diseconomics of scale.

Hope this helps.

0 0
3 years ago
: In 2021, Garret Market remained fully open while conducting inventory, but in 2022 Garrett closed during inventory. In 2023, G
andreev551 [17]

Answer:

The answer is:

  • 2022 most accurate inventory
  • 2021 least accurate inventory

Explanation:

Garret Market uses a periodic inventory system (updates are made on a periodic basis) and in order to carry out this process correctly, the inventory should remain closed. Only in 2022 was the inventory closed, so it should be the most accurate. In 2021 the store remained fully opened and inventory was modified daily, so it should be the least accurate.

8 0
2 years ago
Read 2 more answers
Carmen is a member of a student taskforce that was asked to recommend solutions to the university's budget problem. when she not
9966 [12]

Answer: democratic leadership

Carmen stated a possible solution that was increasing tuition fee and then Carmen said that it should be considered. This means that she did not impose it that that is the only solution and that has to be done in any way, if she did then it would’ve been autocratic leadership.

Carmen left some room for discussion and this means it is a democratic approach in leadership.  


8 0
3 years ago
Fund flows that occur within a quarterly reporting period are referred to as _______________ cash flows.
valentina_108 [34]

Answer:

The options are

A. Inter period

B. Intra period

C. Regular

D. Irregular

The answer is B. Intra period

Intra period cash flow is defined as the flow which occurred in a certain period of time. In the example above , the cash flow occurred within quarterly reporting period of time.

6 0
2 years ago
Gillette charges a fairly low price for their razors​ (relative to​ costs) and a high price for razor blades. they are using a s
stira [4]
A. ​captive-product pricing

Gillette charges a fairly low price for their razors​ (relative to​ costs) and a high price for razor blades. they are using a strategy of​ __________ pricing.
4 0
3 years ago
Other questions:
  • Which of the following correctly describes NIMS? A. A communications plan. B. A static system used during large-scale incidents.
    14·2 answers
  • There are approximately 900,000 television households in the San Diego County market. During a Sunday afternoon in October, 50 p
    15·1 answer
  • A local tree farm is trying to decide which fertilizer to use to grow its trees. It can either buy the famous Greenwood Fertiliz
    6·1 answer
  • Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $18,600. The bank reconciliation for the period showe
    6·1 answer
  • What order do the planets go in from least to greatest
    10·2 answers
  • The private equity firm Clarence Partners is looking at a leveraged buyout
    6·1 answer
  • A firm produces truffles by using labor and capital. The price of labor is $10 per unit, and the price of capital is $20 per uni
    7·1 answer
  • When people improve their
    11·1 answer
  • The economics discipline focuses on understanding trade-offs in decision making.
    12·1 answer
  • what is the present value of the following cash flow stream at a rate of 10.0%? years: 0 1 2 3 cfs: $750 $2,450 $3,175 $4,400
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!