Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per m
2 answers:
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Answer:
93 units
Explanation:
Annual demand for an item = 11,000 units
cost per unit = $250
holding rate = 10%
Order cost = $14.00 per order
No. of days in a year = 260
Lead-time = 2 days
= 42.3 units
For a service level of 97%, the value of z is 1.881
Therefore,
Reorder point:
= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability ×
= (42.3 × 2) + (3 × 1.88 × )
= 92.57
= 93 units
Answer:
The correct answer is letter "A": Brazil only.
Explanation:
Comparative advantage is the ability of an organization or individual to produce at lower opportunity costs. This is achieved by introducing efficient productivity strategies or achieving economies of scale.
For the case given, the comparative advantage of Brazil and Chile is based on labor productivity only. Then:
- <em>The comparative advantage of Chile on sugar</em> =
= 0.4
- <em>The comparative advantage of Brazil on sugar </em>=
= 0.5
Thus, <em>Brazil has a comparative advantage over Chile on sugar.</em>