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Citrus2011 [14]
3 years ago
9

Between 1986 and 1998 the De Beers company controlled the world diamond market. De Beers and its affiliated association of produ

cers restricted diamond sales to maximize profits. De Beers and its association was "the only game in town" and had what isA) a cartel.B) a duopoly.C) monopolistic competitor.D) perfect competitor.
Business
1 answer:
Kruka [31]3 years ago
4 0

Answer:

The correct answer is option A.

Explanation:

The association of De Beers and its affiliated producers is a cartel.

A cartel is formed by the producers in an oligopoly market, in order to protect their interests and earn higher profits. Forming a cartel is generally not legal in many countries. Cartels can be formed both formally and informally.

Members of a cartel can fix a higher price to earn more profit.

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1800 units are the reorder point.

Option B. 1800 units.

Reorder Point = Maximum usage rate × Maseimutin lead time.

-> In given the Mancimum Sells of 900 hard drives.

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and

Purchase order Lead time. 2 weeks is the maximum  Lead time

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So

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A reorder point (ROP) is a specific level at which inventory needs to be replenished. That means it will tell you when to order so you don't run out of stock.

Reorder Point formula is Lead Time Requirement + Safety Stock. Of course, to do an accurate calculation, you need to determine your lead time and safety stock needs.

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Writing a separate letter to each interviewer, mentioning something you like about the interview : Makes you build a good rapport with prospective employers, highlights your professional personality positive traits. It also appreciates the company for their selection procedure time spent on you as an applicant.

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