Answer:
The amount of safety time needed to protect a particular path in a project is less than the sum of the safety times required to protect the individual activities making up the path
See explanation below
Explanation:
Is important to remember two important concepts:
Safety Stock
Defined as an "additional quantity of an item held in inventory in order to reduce the risk that the item will be out of stock. Safety stock helps in case the sales of an item are greater than planned or in case that the supplier would be unable to deliver additional units at the expected time".
Safety Lead Time
Defined as a form to represent your safety stock as a number of days, months, years of the demand. and is very useful in order to determine how many time we can have supply the demand required
Based on these defintions the best answer for the phrase proposed would be:
The amount of safety time needed to protect a particular path in a project is less than the sum of the safety times required to protect the individual activities making up the path
Answer:
A rational decision
Explanation:
Marginal decision involves using more than or less than what you have by comparing the cost and benefits. Marginal cost is the additional cost as a result of making a different decision while the marginal benefit is the additional benefit as a result of making a different choice. A rational decision is a decision in which the marginal benefits as a result of taking that decision is greater or equal to the marginal cost of that decision.
Answer:
c. $10,820.
Explanation:
The computation of the amount of the adjustment for uncollectible accounts is shown below
= Account receivable reported × given percentage + debit balance of allowance for uncollectible accounts
= $243,000 × 4% + $1,100
= $9,720 + $1,100
= $10,820
hence, the amount of the adjustment for uncollectible accounts is $10,820
Therefore the correct option is c
Answer:
Rational behaviour of the participants of the political process.
Explanation:
Public choice theory is the theory used in economic as well as political domain as a process of decision-making. It administers the use of economics-related knowledge in the field of politics and thus, focuses on solving various political problems with the help of economic tools. While making decision-related to political issues according to the public choice theory, it is important to have adequate economics and political knowledge, and the decision should not be based on any rational behavior.