Answer:
When demand shocks lead to recessions, it is mainly due to unexpected changes in the:
the inability of government policy to affect demand.
Explanation:
Government has every right to make policies that would strictly affect price, if this is not done and there is inflation of price it would lead to recession.
Answer:
According to Hersey and Blanchard, readiness refers to "the extent to which a follower has the ability and willingness to accomplish a specific task" (1988, p. 174). The two dimensions composing employee readiness are willingness and ability related to a specific task.
Answer:
A. 12 units
B. 77 units
Explanation:
A. Calculation to determine What safety stock level do you recommend for BX-5
Using this formula
Safety stock = Z * Standard deviation of demand
Let plug in the formula
Safety stock= 1.65* 7
Safety stock= 11.55 units
Safety stock=12 units (Approximately)
Therefore The safety stock level recommended for BX-5 is 12 Units
b. Calculation to determine What is the appropiate reorder point
Using this formula
Appropriate re-order point = Mean lead time demand + Safety stock
Let plug in the formula
Appropriate re-order point = 65 + 12
Appropriate re-order point = 77 units
Therefore the appropiate reorder point will be 77 units
I think this is an example of self-serving bias. This is the tendency of people to attribute positive outcomes to personal factors, but attribute negative outcomes to external factors such as other people. The reason people have this tendency because personalizing success or positive outcomes helps their self-esteem.
Answer:
3200
Explanation:
The computation of the level of real output is given below;
We know that
Money supply × velocity of money = Price level × Real output
And,
Nominal output = Price level × real output.
Now
a) level of real output = money supply × velocity of money ÷ price level
= 800 × 8 ÷ 2
= $6400 ÷ 2
= 3200
