Answer:
170
Explanation:
Assuming no safety stock is used, the reorder point (ROP) can be given by:
ROP = lead time x average daily demand.
The lead time is 5 days.
Average daily demand (ADD) is given by:
Therefore, the reorder point is:
This means that Duncan's Stationery Shop should not let inventory fall under 170 binders in order to meet their average daily demand.
Adam will most likely have to pay for ATM usage fees.
ATM usage fees refers to the payment one makes when using an ATM machine especially if the bank card inserted is affiliated with another bank.
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Answer:
True
Explanation:
Viral marketing is a strategy in which companies use online networks to promote a product or service providing information to many people. This works by creating content like videos that are published on the internet and shared with a lot of people. According to that, the statement is true because viral marketing involves generating different types of online content like messages from influencers to promote your product on social media and reach a big audience.
Answer:
Rising birthrates can both improve and damage a national economy. A high birth rate requires good health facilities, advanced team of nursing and advanced technology in hospitals that ensures a smooth birth process. Moreover the since the population would be rising there is going to be extra demand for food, shelter, schools etc.
Population growth increases labor force and, thus, increases economic growth. A large population also provides a large domestic market for the economy. So we can easily say that, population growth encourages competition, which generates technological advancements and innovations.