The answer is 9 years
(5,000*0.05*x) + 5,000 = 7,755 <span>(5,000*0.05*x) = 2,755
250x = 2,755
x = 11.02
Since there are 12 months in a year, not ten..
(11.02*10)/12=9.1833</span><span>
and thats how you get 9</span>
<span>The amount of public university college professors required will rise but
the supply of workers in other like occupations will fall. So if the supply
decreases, and the demand goes high as expected, there will be a shortage of
public university college professors.</span>
In the context of the production era, the "hard sell" refers to the aggressive persuasion designed to separate consumers from their cash.
<u>Explanation:</u>
During the time of production era, the production of goods and services were increased. Hence the prices of these goods and services were reduced. The main aim of the production era was to reduce the cost related to the manufacturing process.
In the time of production era, the business gained profit and the cost related to the production of products were reduced. The term "hard shells" in the context of production era refers to the aggressive attraction that is made for separating consumers and their cash.
Answer:
a. 166 units should be ordererd of brackets
b. They have when they should place a new order with the supplier 10 brackets
Explanation:
According to the given data we have the following:
Annual Demand= 850 brackets
Buying cost=$10
carrying cost=13%×$10=$1.30
ordering cost per order=$21
a. To calculate how many brackets should be ordered when WCU places an order with their supplier we have to calculate the EOQ as follows:
EOQ=√<u>2AO</u>
C
EOQ=√<u>2×850×21</u>
1-30
EOQ=166 Units
166 units should be ordererd of brackets
b. To calculate how many brackets do they have when they should place a new order with the supplier we would habe to make the following calculation:
Reorder point=<u>Annual Demand </u> × lead time
working days in year
Reorder point=<u>850 × </u> 3
250
=10 brackets
They have when they should place a new order with the supplier 10 brackets