<span>Logistics is the set of means necessary for the organization of a company, especially in the distribution. It is focused on the supply chain, the planning of purchasing activities, production, transportation, and distribution. Its fundamental function is to place the products in the right place, under the desired conditions and standards, for the maximum satisfaction of the company.</span>
Answer:
The quanitity per order that minimizes the cost is 137.84 units.
Explanation:
The EOQ or economic order quantity is the quantity that should be ordered per order to minimize the cost of ordering and holding inventory. To calculate the number of units that should be ordered per order to minimize cost, we need to calculate the EOQ.
EOQ = √(2*D*O)/H
Where,
- D is the annual demand in units
- O is the ordering cost per order
- H is the holding/carrying cost per unit per annum
Thus,
EOQ = √(2 * 250 * 19)/0.5
EOQ = 137.84
It is "cutting out the middleman", which seeks to reduce distribution expenses.
By avoiding the middleman, i.e. offering straightforwardly to you, the maker can list that equivalent item for, say $75 which because of a broker or retailer rises to at least 100 $, which it to appear is a lot of difference to the buyer, while in the meantime giving them significantly more benefit than they'd make selling to a store.
B. False
Institutional advertising does not attempt to sell anything directly. It is type of advertising intended to promote company, business, institution or other similar entity.
Answer:
4. Martha's average utilities
Explanation:
As in the question, it is given that Martha has signed a listing agreement with the Broker Patrick.
The listing agreement refers to a contract between the real estate broker and the real estate owner that allows the broker the authority to act as a property sales agent.
The terms and conditions which are mentioned the listing contract are presented below:
a. Starting and expiration date of the contract
b. Patrick's commission
c. Martha's priced. Other terms and conditions