Answer:
(Q, R) = (1555, 1400)
shortage imputed = $0.388
Explanation:
Lot size-reorder point system is one of the multi period models. This system is denoted by decision variables (Q, R). This multi period model is implemented when there is uncertain demand in inventory control.
nevertheless, in the simple EOQ model, demand is known and fixed. But when the demand is random, these lot size-reorder point (Q, R) systems allow random demand.
There are two decision variables in a (Q, R) system:
Order quantity, Q and
Reorder point, R
Additional steps are attached as files
Answer:
A real account is a publicly generalized account that does not close at the end of the considered year. Apparently, the balances in real accounts are carried over to become the start of balances of the next period. Real accounts are also permanent accounts.
Answer: Option (c) is correct.
Explanation:
Given that,
Economy is in a recession and in this situation government wants to increase the output.
Multiplier = 2.5
Government increases spending by 200 then,
Output increase by:
= Multiplier × Increase in Government spending
= 2.5 × 200
= 500
Therefore, output increase by 500.
The answer here you are looking for is B. piece rate. This system is a really good one because is based on a worker's productivity, rather than an hourly wage. Also the <span>employees derives their income from a fee for the items sold. I hope this can help you a lot. </span>
Answer:
Demand drops to zero
Explanation:
Infinite elasticity of demand is also called perfect elasticity of demand.
In this scenario the demand for a product is attached to it's price.
There is an infinite change in the quantity demanded as a result of change in price.
Graphically it is a horizontal demand curve as represented in the attached
Even a small increase in price will cause demand to fall to zero.
Examples are luxury goods such as high end cars and expensive jewelry.