Answer:
Explanation:
In a situation such as this one the individual workers and their families may be better off or may actually do worse due to the real wage rises in terms of agricultural goods but the real wage in terms of the manufactured goods will actually fall. Therefore it depends on the worker's unique situation and in which sector they are in which determines if they are better or worse.
Answer:
A) Product Differentiation
Explanation:
Product differentiation is referred as a strategy which companies or firms use to showcase the abilities which their products have and the competing product does not have. Some go as far as displaying an added advantage which their products have. Forms which this strategy can take may be through price of the product, reliability of the product or location of the product.
Answer:
Option (A) is correct.
Explanation:
Given that,
Mean daily demand, M = 20 calculators per day
Standard deviation, SD = 4 calculators per day
Lead time for this calculator, L = 9 days
z-critical value (for 95% in-stock probability) = 1.65 (From z tables)
Normal consumption during lead-time:
= Mean daily demand × Lead time
= 20 × 9
= 180 units of calculator
Safety Stock = z value × SD × L^(0.5)
= 1.65 × 4 × (9)^(0.5)
= 1.65 × 4 × 3
= 19.8 units
Reorder Point = Normal consumption during lead-time + Safety Stock
= 180 units + 19.8 units
= 199.8 or 200 units (Approx)
Answer:
Accounting history dates back to ancient civilizations in Mesopotamia, Egypt, and Babylon. For example, during the Roman Empire the government had detailed records of their finances. However, modern accounting as a profession has only been around since the early 19th century. The earliest accounting records were found over 7,000 years ago among the ruins of Ancient Mesopotamia. At the time, people relied on accounting to keep a record of crop and herd growth.
Explanation:
Answer:
transaction record and a reconciliation of the transactions
An adequate bank balance and a budget.
Legal guardianship of the person and power of attorney
Your documentation as payee for the person you support and the bankbook
