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3 years ago

Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:

Business

1 answer:

BARSIC [14]3 years ago

8 0

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in Units

April 70,000

May 85,000

June 110,000

July 90,000

Desired ending inventory= 15% of the following month’s sales.

The inventory at the end of March was 10,500 units.

To calculate the production required for each month, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

April:

Sales= 70,000

Desired ending inventory= 85,000*0.15= 12,750

Beginning inventory= (10,500)

Total production= 72,250

May:

Sales= 85,000

Desired ending inventory= 110,000*0.15= 16,500

Beginning inventory= (12,750)

Total production= 88,750

June:

Sales= 110,000

Desired ending inventory= 90,000*0.15= 13,500

Beginning inventory= (16,500)

Total production= 107,000

Total quarter= 268,000

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Which of the following is a risk (or potential pitfall) of cost leadership? Multiple Choice a. Cost differences increase as the

musickatia [10]

Answer:

d. Cost cutting in one area of the value chain might increase costs in another.

Explanation:

Although cost leadership is an efficient way to dominate the competition,it does have potential pitfalls if not executed correctly. For example, if operating cost is decreased, the changed product feature may imply a higher marketing cost afterward. In order to be truly efficient, the cost leadership strategy has to be implemented in such a way, so it doesn't impact other value chain costs negatively (increasing them).

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3 years ago

Identify the function in the organisation you have chosen

mina [271]

Answer:

Determination of activities,

Grouping of activities,

Allotment of duties to specified persons,

Delegation of authority,

Defining relationships, and.

The co-ordination of various activities.

8 0

2 years ago

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:______.

katrin2010 [14]

Answer: C. 1,2,3

Explanation:

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:

• broker-dealer against another broker-dealer.

• customer against a broker-dealer.

• broker-dealer against a customer who has previously signed an arbitration agreement.

Therefore, based on the above scenario, the correct option is C.

3 0

3 years ago

The shape of your utility function implies that you are a individual, and, therefore, you accept the wager because the differenc

Blababa [14]

Answer:

The first and third statements are correct. These statements are:

The utility function of a risk-averse person exhibits the law of diminishing marginal utility.

The more wealth that risk-averse people have, the less satisfaction they receive from an additional dollar.

Explanation:

A risk-averse individual is the one who tends to avoid taking risks. In other words, such an individual prefers lower returns with known risks as opposed to higher returns with unknown risks.

The utility curve for a risk-averse individual is concave in shape. This implies diminishing marginal utility, that is, the satisfaction derived from each additional dollar gained is less than that derived from the previous dollar. Therefore, the first and third statements are both correct.

The second statement is false because risk-averse individuals do not over-estimate the probability of losing money. The fourth statement is also false because risk-averse individuals receive less satisfaction from each additional dollar, not more.

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3 years ago

Assume a European company that manufactures decorative fountain pens. The firm is trying to decide whether or not to expand its

Wittaler [7]

Answer:

(a)

TC(q) [before expansion] = Fixed Cost + Variable Cost

= 750,000 + 1.25q

TC(q) [after expansion] = (750,000 + 350,000) + 0.75q

= 1,100,000 + 0.75q

(b) (i) q = 600,000

TC(q) [before expansion] = 750,000 + (1.25 × 600,000)

= 750,000 + 750,000

= 1,500,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 600,000)

= 1,100,000 + 450,000

= 1,550,000

Since expansion will increase total cost, profit will fall ceteris paribus. So firm should not expand.

(ii) q = 800,000

TC(q) [before expansion] = 750,000 + 1.25 × 800,000

= 750,000 + 1,000,000

= 1,750,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 800,000)

= 1,100,000 + 600,000

= 1,700,000

Since expansion will decrease total cost, profit will rise ceteris paribus. So firm should expand.

7 0

3 years ago