The purchase and suppy of goods and services takes place in the product market.
Answer:
93 units
Explanation:
Annual demand for an item = 11,000 units
cost per unit = $250
holding rate = 10%
Order cost = $14.00 per order
No. of days in a year = 260
Lead-time = 2 days
= 42.3 units
For a service level of 97%, the value of z is 1.881
Therefore,
Reorder point:
= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability × 
= (42.3 × 2) + (3 × 1.88 × 
)
= 92.57
= 93 units
A temporary team formed to solve a problem, realize an opportunity, or design a product or service.
<h3>
What is a task force?</h3>
- A task force is a team of individuals who have been given the temporary assignment to collaborate in order to accomplish a very specific and well-defined goal.
- A temporary team formed to solve a problem, realize an opportunity, or design a product or service.
- For instance, a drug task force operates separately from a police force to deal with concerns pertaining to the production, distribution, and use of illicit narcotics.
<h3>What is collaboration?</h3>
- Collaboration is the process of two or more parties cooperating to carry out a task or realize an objective.
- Cooperation and collaboration are comparable.
- Leadership is a necessary component of most collaborations, albeit it can take the form of social leadership within an egalitarian, decentralized group.
Therefore, the task force is a temporary team formed to solve a problem, realize an opportunity, or design a product or service.
Know more about leadership here:
brainly.com/question/12522775
#SPJ4
They do it by calculating the interest payments I believe. Hope this helped.
