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KatRina [158]
3 years ago
15

What economic factors are reagent in managerial decision making

Business
1 answer:
oee [108]3 years ago
3 0
<span> each model relies on a number of guess/nference or basic factors that are present in  all decision situations </span>
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The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. Th
Mumz [18]

Answer:

The company should order 100 units to minimize total inventory cost.

Explanation:

Given,

Annual Demand, D = 2,000 units

Order cost, S = $20

Purchase cost = $40

Holding cost, H = Purchase cost x percentage of holding cost

Holding cost = $40 × 20%

Holding cost = $8

We know, the company should order the highest number of products with a minimum cost, and for that, the company uses economic order quantity. Hence,

Economic Order Quantity (EOQ) = \sqrt\frac{2*D*S}{H} }

EOQ = \sqrt \frac{2*2,000*20}{8}

EOQ = \sqrt{10,000}

EOQ = 100

8 0
3 years ago
You have a gross lease. Your rent is $1,000 per month. Taxes and maintenance total $500 per month. What is your total
kirill115 [55]

Answer:

Your total monthly payment would be 1,500 dollars.

Explanation:

7 0
2 years ago
Of the 141 companies on the list, jason chose to survey only 75 of them. he sent surveys to both small as well as large companie
Oduvanchick [21]

Because he divided the population into smaller groups and then randomly sampled each group, he would be using a stratified random sampling procedure.

4 0
2 years ago
Having term limits on Boards of Directors for companies forces firms to rotate leadership to get new ideas. It also creates this
yKpoI14uk [10]

The available options are the following:

-Board members serve on multiple boards

-People with knowledge of the firm's history are replaced with those who may not know as much information

-Less frequent board meetings

-Better decisions about important issues

Answer:

-People with knowledge of the firm's history are replaced with those who may not know as much information

Explanation:

Considering the available options, the option that appears negative and related to the point being discussed is

"People with knowledge of the firm's history are replaced with those who may not know as much information."

It is straightforward, as changing the board of directors will at some point lead to a time where the new member in the board of directors will just be a competent worker but has no history with the company.

8 0
2 years ago
Type the correct answer in the box. Spell all words correctly.
Alika [10]

Answer:

its to easy

Explanation:

i know it

7 0
2 years ago
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