Answer:
checking account, savings acc, debit and credit cards, insurance , wealth management
Explanation:
Answer:
The bullwhip effect happens when retailers or other members of the supply chain overestimate a sudden increase in demand, and this causes a chain reaction in all the other participants of the supply chain that start requesting higher quantities of goods or materials for production. E.g. the fidget spinner was a very popular fad and its producers probably didn't anticipate how large the demand would be. Once the product became extremely popular, everyone wanted to sell fidget spinners. This caused an increase in the order quantities of all the supply chain. Once the fad faded out, all this momentum stopped and many stores, distributors, wholesalers, and even factories were left with huge unsold stocks of fidget spinners.
When the supply chain is well coordinated, there is little chance for some retailers or distributors to over react and want more product just in case. If your supply is guaranteed, then it would take some extraordinary increase in demand to make you want to increase your purchase orders. But if your supply chain is not well coordinated, you might fear that you will lose a lot of sales and other competitors will make them. Then you get anxious and start ordering large quantities.
Answer:
Kaizen Philosophy
Explanation:
Kaizen philosophy refers to good change. It is a Japanese term in which the companies are required to improve their processes continuously. The companies which offer low cost car vehicles are overlooking Kaizen principle because they are contributing to environment pollution. Kaizen principle focuses on new improvements and abolishes old concepts.
Loans are sums of money that are expected to be paid back with interest or in full
Answer:
<em>The answer to the question is given below in the explanation section</em>
Explanation:
<em>From the question we recall the following</em>
<em>The mean: this is the the value at the center of the confidence interval which represents the quantity.</em>
<em>let Z* denotes when building the confidence level</em>
<em>]The mean = 289000, n = 36, standard deviation= 1342
</em>
<em>
Z* for 95% Confidence Interval = 1.96
</em>
<em>
The margin of error = 1.96*[1342/√(36)] = 438.39
</em>
<em>
The 95% Confidence Interval is given by:</em>
<em>
Lower CI = Mean - Margin of error = 289000 - 438.39 = 288561.61
</em>
<em>
Upper CI = Mean + Margin of error = 289000 + 438.39 = 289438.39
</em>
<em>When the sample is decreased to 20 Tesla owners, the confidence interval widens.</em>
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