Answer:
The primary cost associated with the level production strategy is the cost of
A.holding inventory.
Answer:
Classical
Explanation
Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.
It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common
The cheapest mode of transport would be to travel by bus.
<h3>What determines the choice </h3>
The choice between airplane and the bus would depend on the total income the individual would earn. This is known as opportunity cost.
If the individual travels by plane, it would cost $90. The income the individual would lose would be ($6 x 1) = $6.
If the individual travels by bus, it would cost $30. The income the individual would lose would be ($6 x 5) = $30. Thus, the person would choose to travel by bus.
To learn more about opportunity cost, please check: brainly.com/question/13036997