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EastWind [94]
2 years ago
7

A lawnmower assembly plant uses a variety of​ nuts, bolts,​ screws, and other fasteners in its operation. Its supplier delivers

these items directly to the point of use on the assembly line and ensures that there are always sufficient quantities of fasteners to maintain the production schedule. This is an example of
A. ​e-procurement.
B. ​vendor-managed inventory.
C. postponement.
D. single stage control of replenishment.
Business
1 answer:
PSYCHO15rus [73]2 years ago
8 0

Answer:

<em>B. ​vendor-managed inventory. </em>

Explanation:

A simplified approach to inventory management and order fulfillment is the Vendor Managed Inventory (VMI).

VMI includes coordination between manufacturers and their customers (e.g. distributors, retailers, OEMs or end users of products) which transforms the conventional purchasing process.

VMI's <em>objective is to harmonize business goals for both suppliers and their customers and streamline supply chain operations.</em>

  • Higher Sales.
  • Best and Improved Service.
  • Improved Inventory Turns
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As indicated in the Preliminary Scope  Statement, some of the potential risks associated with the fishing expedition are:

  • Risk of Water damage to equipment;
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<h3>What is a Preliminary Scope Statement?</h3>

A Preliminary Scope Statement is a written or documented statement that highlights the significance and level of a project as well as its objectives.

When writing a Preliminary Scope Statement, the goals or objectives have to be itemized in a manner that is:

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Learn more about the Preliminary Scope Statement at:
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6 0
2 years ago
"If the option will cost the investor an additional $10,000, should the investor purchase the option? Enter your answer in thous
kykrilka [37]

Answer:

“Should” or “should not” depend on the cost rate of the option and the risk appetite of investors.

Explanation:

An option is a contract that allows investors to buy or sell instruments such as security, Exchanged Traded Fund or an index at a pre-determined price over a certain period of time.

If the option will cost the investor an additional $10,000 and it is the cost for an option of $10 million investment, then it cost only 0.1% additionally, but it can secure the position of this investment; then the investor should buy this option.

Vice versa, if the additional $10,000 is much more than expected profit, and even lower but significantly drop down the total profit of an investment; and the investor always wish to have a high profit regardless high risk; then he shouldn’t buy this option.

6 0
3 years ago
The production possibilities curve is bowed out (curve) because
Korolek [52]

Answer:

as the price of a good increases,the quantity supplied decreases

7 0
2 years ago
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Your brother, who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $1
astraxan [27]

Answer:

16.59%

Explanation:

First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage

Future Value = Present Value x (1 +i)∧n

where i = the annual rate of return

n= number of years or period

We then plug the given figures into the equation as follows

we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15

Therefore, the implied annual return or yield on the investment is

100,000 = 10,000 x (1+i)∧15

(1+i)∧15 = 100,000/10,000 = 10

1 + i = (10∧(1/15))=1.165914

i= 1.165914-1

= 0.1659

= 16.59%

5 0
3 years ago
According to the theory of comparative advantage, potential world production is greater with unrestricted free trade than it is
dimaraw [331]

Answer:

The answer is true

Explanation:

The law of comparative advantage describes how, under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.

8 0
2 years ago
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