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masha68 [24]
2 years ago
7

Inventory control models assume that demand for an item is:______________.

Business
1 answer:
Zielflug [23.3K]2 years ago
5 0

Answer:

b.

Explanation:

Inventory control models assume that demand for an item is either independent of or dependent on the demand for other items. This is because the amount of stock that the company should have for an item depends on the demand for that item, but at the same time demand for that item will sometimes vary depending on the demand for other similar items which may or may not be taking market share away from the first item.

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Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied
pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

#SPJ4

7 0
2 years ago
A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard deliv
Elena L [17]

Answer:

Probability, P(n) = 3/8

Explanation:  Let standard delivery be S and express delivery be E.

I) When the parcels were sent:

S(n) = 75/100 and E(n) = 25/100

II) When the parcels arrived:

S(n)← = 80/100 and E(n)← = 95/100

The probability a record of a parcel delivery is chosen, P(n) = S(n)*E(n) + E(n)*S(n) = 75/100*25/100 + 25/100*75/100

P(n) = 3/16 + 3/16 = 6/16

∴ P(n) = 3/8

7 0
3 years ago
Myra notices that one of her employees has been wasting time and resources by performing a task incorrectly. Which statement is
Lena [83]

Answer:

"Let me show you a trick that will save you some time and effort"

Explanation:

Based on the scenario being described within the question it can be said that the most effective form of feedback would be by telling the coworker "Let me show you a trick that will save you some time and effort". This statement will help the co-worker increase his/her efficiency as well as increase self esteem and your bond as co-workers.

4 0
3 years ago
Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha
gladu [14]

Answer:

1. The expected cost of production for each tire sold is $0.013 per tire.

2. Probability that Grear will refund more than $50 for a tire is 0.0107

Explanation;

1. Mileage is 36,500 miles

Standard deviation is 5,000 miles

Observed miles is 30,000 miles

100 miles failed at $1

Therefore;

(36,500 - 30,000) /5,000 = 1.3

To get the cost of production,

Since 100 miles equals $1 if fail

1.3 × 1 / 100

= $0.013 per tire.

2. P(Z<25,000 - 36,500/5,000)

= P(Z<-11,500/5,000)

=Z<2.3

Therefore,

1-0.9893

=0.0107

The probability that Grear will refund more than $50 for a tire is 0.0107

3 0
3 years ago
Tyson is a 25% partner in the KT Partnership. On January 1, KT distributes $16,000 cash, inventory with a $16,000 fair value (in
Marianna [84]

Answer:

D) $8,000 inventory, $0 land

Explanation:

Tyson's basis in the distributed inventory and land will be $8,000 inventory, $0 land

Because he initially first allocates his outside basis to the assets distributed which is in an amount that is equal to KT's basis which is ($20,000 cash and $8,000 land).

Therefore this results in a required decrease of $0 due to the basis he reduces in the land by the required decrease, which thereby results in a basis of $0 to the land.

4 0
2 years ago
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