Answer:
An example of a linear (integer) programming problem
Explanation:
We infer the following:
Let the number of mugs produced by machine 1 be represented by X,
Since only one machine is to be used in the week of Christmas, this constraints should apply for machine-1;
Constraints
Production cost≤ $2,
Service Incurred cost≤$100,
Production capacity (excluding sunday) ≥ 800 mugs served,
Objective Function
Minimise cost: XService cost + XProduction cost
Minimise: 100x + 20x
Answer:
Dr. Cash $250,000
Cr. Bond Payable $250,000
Explanation:
Bonds issued are the liabilities for the company because it company received cash against the bonds which will be paid at maturity along with the interest.
As cash is an asset and it is being received, to increase the value of cash balance we debited the cash account. The bond is a liability and to add a value in a liability account we need to credit the bond payable account.
Answer:
the Annual inventory cost is $800.
Explanation:
The computation of the total annual inventory cost is given below:
Demand, D = 4000
Order cost, S = $ 20
Holding cost, H = $ 4
So,
EOQ = sqrt(2 ×D × S ÷ H)
= sqrt(2 × 4000 × 20 ÷ 4)
= 200
Now
Annual inventory cost = Annual setup cost + Annual holding cost
= (D ÷ Q × S) + (Q ÷ 2 × H)
= (4000 ÷ 200 × 20) + (200 ÷ 2 × 4)
= 400 + 400
= $800
hence, the Annual inventory cost is $800.
Answer:
Apple
Explanation:
A market leader can be a person, company or product that has a large market share in their industry or that dominates in their industry.
When Apple came into the market they disrupted the market a left companies they found in the market behind by concentrating on both design and user experience. By coming up with innovative products and taking design into account they made themselves a luxury brand.
They remain in the public eye, meaning that they are always coming up with new products and better offerings. They have good marketing strategies.
They aim to please their customers and make them feel like they are a part of something exclusive and luxurious.
Their vision was clear from the beginning and remains so.
Without the ability to offer a good product that is user friendly with a good design, effective marketing, innovation and a clear vision, Apple would not have been able to become a market leader so all the above are important and should be applied by any company that aims to become successful in their business.
Answer:
Whereas the SRAS curve is upward sloping, the LRAS curve is vertical because, given sufficient time, all costs adjust.
Explanation:
