Answer:
255 gallons
Explanation:
The level at Jackson & Jacinto Auto Repair should order more oil is the re-order point.
To calculate the re-order point, we require for Jackson and Jacinto.
Average daily usage
Delivery lead time ... which is three days
The average daily usage for oil is 510 gallons divided by six working days
= 510/6
= 85 gallons
Formula for getting the re-order point
= (average daily usage x delivery time)
= (85 x 3)
=255 gallons
They should re-order when they have a balance of 255 gallons
Answer: e. stimulate primary demand
Explanation: Customers knowing about the benefits of a particular product(s) could drastically increase primary demand, advertising is a means to make customers know of such benefits or passage important information to potential customers about a product.
Answer:
True, spiff is the actual word
Explanation:
A spiff, or spiv is slang for an immediate bonus for a sale. Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product.
Answer:
The long run is best defined as a time period
- during which all inputs can be varied.
One thing that distinguishes the short run and the long run is
- the existence of at least one fixed input.
Explanation:
On the long run, all productive inputs can be changed and/or altered. that includes fixed costs like equipment and machinery, building facilities, processes, wages, etc.
On the short run, at least one of the inputs used to produce our goods or services cannot be changed, e.g. wages tend to be sticky, fixed costs (depreciation of equipment and machinery, buildings, etc.)
Yes gathering more information enables the firm to forecast...
