The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
<h3>What is independent demand and dependent demand?</h3>
Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.
The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.
Note that the Dependent demand is one that is obtained from the demand for a finished product.
Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
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Answer:
$503
Explanation:
The computation of the adjusted cash balance is shown below:
As we know that
Adjusted cash balance is = Cash ending balance - NSF Checks - Service charge
= $660 - $130 - $27
= $503
And we do not considered the other two items as they are not impact the cash balance
Basically we applied the above formula
Mentors are an excellent way to learn on the job- this statement about mentors is true.
Option: A
Explanation:
Mentors are the one who guides his trainee from different perspectives and help in every possible way. Mentors provide real life a practical advice so that it become easy to deal with the problem for trainee. Every company do support mentoring program. After appointing many fresher company executive split them in number groups and assigned one expert per group according to the nature of work.
That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.
