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3 years ago

Would you expect holding cost to go down with increases in maximum capacity?

Business

1 answer:

xxTIMURxx [149]3 years ago

3 0

Answer: The answer is given below

Explanation:

Holding costs are the costs that.has to do with the storage of inventory that were not sold. costs and they are storage space, price of damaged or spoilt goods, labor, and insurance.

It should be noted that with regard to holding cost, increasing peak capacity will be expected to reduce since the capacity is typically inversely proportional to the theory of the holding cost as there may be a reduction in the holding cost so as to increase the capacity.

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Why do businesses compete in free enterprise system?

Bingel [31]

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.

However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

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3 0

2 years ago

Rebel Sound Inc. produced 30,000 audio devices last month. Rebel started the month with $10,000 worth of inventory in Finished G

Arada [10]

Answer:

$120,000

Explanation:

Step 1 Prepare a Cost of Manufacturing Schedule

Materials ($50000-$6,000) $44,000

Various utility and rent charges on factory $15,000

Salaries and Wages $60,000

Other Costs(Balancing figure) $35,000

Less Work in Process ($24,000)

Cost of Goods Manufactured $120,000

Step 2 Prepare a cost of Goods Sold Schedule

Opening inventory in Finished Goods $10,000

Add Cost of Goods Manufactured $120,000

Less Closing inventory in Finished Goods ($5,000)

Cost of Goods Sold $125,000

7 0

3 years ago

As people become more powerful, they tend to become less goal-oriented, less motivated, and more focused on gaining additional p

Tanya [424]

Answer: False

Explanation:

The statement that as people become more powerful, they tend to become less goal-oriented, less motivated, and more focused on gaining additional power is false.

When people become more powerful, such people become motivated to achieve organizational aims and achieve greater things. Also, they become more empowered which helps in increasing their job satisfaction and morale.

5 0

3 years ago

According to Michael Porter, a firm practicing a niche strategy:

Maslowich

Answer:

b. Dominates a particular target market although its overall market share may be low.

Explanation:

A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.

4 0

3 years ago

Whole grain breads, bagels, bread sticks, sandwiches, soup, and pastries are products that would be included in the product mix

VashaNatasha [74]

This is a True statement.

6 0

3 years ago