Answer:
Company should load 1,479.9 motorcycles on each truck.
Explanation:
Cost per trip = $1,000
Demand for motorcycles = 300 per day
Cost per engine = $500
Holding cost = 20% of $500
= $100
Assuming that company plant works for 365 days in a year,
Annual demand = 300 motorcycles × 365 days
= 109,500 motorcycles
where,
D = Annual demand in units
S = Set up cost per order
H = Handling cost per order
= 1,479.9
Thus, the company should load 1,479.9 motorcycles on each truck.
I haven’t decided exactly what I wanna do yet, but here are my options:
-Interior designer
-Psychology counseling
-Fashion designer
-Small business owner (cafe?)
-Or something in the cosmetic indestry
Answer: Placing a price above equilibrium will lead to increase in price and limitation on land use will lead to reduction in supply of tobacco products.
Explanation:
Smoking has many negative impact on the bodyband some of these effects are life threatening. Smoking affects the respiratory organs and increases the risk of cancer and eventually may lead to death.
Government in different countries have put in different methods and policies to reduce smoking. Some of the policies are high tax on tobacco products, ban and enlightenment programmes.
The policies used here such as placing price above the equilibrium price and limiting the amount of land that can be used for tobacco production are good policies. Placing the price of tobacco products above equilibrium price will lead to an increase in price which might discourage people to buy tobacco related products such cigarette. Also, limitation on the land use for tobacco production will lead to decrease in supply. This means less tobacco related products will be available for people.
Answer:
2.42 times
Explanation:
The computation of the acid test ratio is shown below:
Acid test ratio = Quick Assets ÷ Current liabilities
where,
Quick Assets = Cash + short term investment + account receivable
= $4,500 + $50,500 + $66,000
= $121,000
And, the current liabilities is $50,000
So the acid test ratio is
= $121,000 ÷ 50,000
= 2.42 times
Basically we applied the above formula to find out the acid test ratio
