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JulijaS [17]
3 years ago
10

Which buying method can save money but means you must have trust in the reliability of your supplier?

Business
2 answers:
Virty [35]3 years ago
8 0

Answer: Just in Time

Just in Time can save money but means you must have trust in the reliability of your supplier.

Explanation:

Just-in-time refers to a positive cost-cutting inventory management strategy which involves the ordering of raw materials for production directly from the suppliers. It helps in minimizing inventory and increasing efficiency in production. It depends on strong, fast and efficient network of suppliers. It aims at improving the company's return on investment by reducing non-essential costs.

zhuklara [117]3 years ago
7 0

Which buying method can save money but means you must have trust in the reliability of your supplier?

Just in time

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Find the effective interest rate per payment period for an interest rate of 9% compounded monthly for each of the given payment
Temka [501]

Answer:

a. 0.75% per month

b. 2.25% per quarter

c. 4.5% semi- annually

d. 9% yearly

Explanation:

a. Computing the effective interest rate per payment period for the payment schedule which is monthly:

Effective rate (monthly) = Nominal rate (r) / Compounded monthly (m)

where

r is 9%

m is 12

Putting the values above:

= 9% / 12

= 0.75% per month

b. Computing the effective interest rate per payment period for the payment schedule which is quarterly:

Effective rate (quarterly) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

m is 4

Putting the values above:

= 9% / 4

= 2.25% per quarter

c. Computing the effective interest rate per payment period for the payment schedule which is semi- annually:

Effective rate (semi- annually) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

m is 2 (every 6 months)

Putting the values above:

= 9% / 2

= 4.5% semi- annually

d. Computing the effective interest rate per payment period for the payment schedule which is annually:

Effective rate (annually) = Nominal rate (r) / Compounded yearly (m)

where

r is 9%

m is 1 (end of the year)

Putting the values above:

= 9% / 1

= 9% yearly

3 0
3 years ago
You have saved​ $120,000 for your child to attend college. If it is in an account earning an annual rate of​ 8%, how much can yo
harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) /  [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]

P = 36,230.5

3 0
3 years ago
Which of the following is the least liquid investment A. Savings account B. CD C. Mutual fund D. Cookie jar
Drupady [299]
Hello there!


The correct answer is option D- Cookie jar

As always, it is my pleasure to help students like you!

4 0
3 years ago
Having a good credit history impacts every one of these o teams but one.Which is the one item not impacted by good credit histor
Archy [21]
The answer is C. Anywhere to rent/buy a car or any time of loan looks at your credit history. Employers are supposed to be unbiased and fair when considering candidates for job interviews and can not discriminate based on gender, race, sexual orientation, your credit, and a few other things.
6 0
3 years ago
The type of letter of credit that can be split up between many suppliers, each able to present their own documents for payment a
Nastasia [14]

Letter of credit that can be split up between many suppliers, each able to present their own documents for payment and allowing the trader to take his profits from the balance of the credit, is called Transferable Letter of Credit .

Explanation:

Transferable Letter of Credit is a credit document in which the party can transfer the credit in full or partial to another beneficiary.

A transferable credit letter that enables a receiver to further pass all or part of the payment to another supplier in the chain or to some other receiver. This usually occurs when the recipient is merely a conduit to the actual supplier. Such LC allows the beneficiary to have their records, but to further pass the credit.

5 0
3 years ago
Read 2 more answers
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