Answer:
$4,500
Explanation:
Sales to reach target profit = (Fixed Cost + Target Profit) ÷ Contribution Margin Ratio
where,
Contribution Margin Ratio = Contribution ÷ Sales
= ($2,400 - $960) ÷ $2,400
= 0.60
therefore,
Sales to reach target profit = ($900 + $1,800) ÷ 0.60
= $4,500
Conclusion
You need $4,500 to meet this profit target
Answer:
A.12,500
B. 12 times
C.If The MBC storage tanks have a capacity of 15,000 gallons there is no need of expanding the storage tanks reason been that the Economic order quantity is lesser than the storage capacity of the tank.
D. 5,000 gallons
Explanation:
a.)
=√2×Demandquantity×Orderingcost÷Holding cost
=√2×150,000×250÷480
=12,500
b.)
=Demand quantity÷ Economic Ordering quantity
=150,000÷12,500
=12 times
c.) If The MBC storage tanks have a capacity of 15,000 gallons there is no need of expanding the storage tanks reason been that the Economic order quantity is lesser than the storage capacity of the tank.
d.) The reorder point can be calculated as follows;
= Lead time× Average
Average demand quatity =1,500/300
Reorder point 10×500
=5,000 gallons
Answer:
First one: Economic Order; Second One: Safety Stock
Explanation:
I know the second one's right because it frequently shows up on PLATO modules for business. The first one is economic order according to investopedia.com. I looked up both carrying quantity and just in time quantity, too-- it seems as carrying quantity isn't a thing, and just in time quantity focuses on decreasing waste. See my comments on your question for quotes from the source.
Hope this helps you!!
Answer: Non price competition
Explanation: In simple words, non price competition refers to a business strategy under which the firms in the industry compete with each other on the factors like product attributes, customer service, special features etc.
The firms tries to enhance the value of the product by factors other than price. These, kinds of strategies is usually used in markets where small price change can impact the customer base heavily.
Answer:
As they classify the industries grounded on production technology instead of the need of the customer
Explanation:
Economic statistics is the one which is concerned with dissemination, collection, analysis, compilation and processing of the economic data.
When the research is being conducted for the purpose of the analysis of the industry, then it is needed to treat or dealt with the economic statistics, very carefully as it classify or separate the industries grounded on the technology of the production rather the needs of the consumer as it processes the data of the economic.