Answer:
30,000 units
Explanation:
According to the inventory cost model, the production run size that minimizes costs is given by:
Where D is the annual demand (1,500,000 items), S is the cost of each production run ($900) and H is the holding cost per unit ($3). Applying the given data:
Each production run should consist of 30,000 units.
Answer:
primary source of law, oral, and repetitive
Explanation:
In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.
Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.
Answer:
Cleans current ratio is = 2.71
Explanation:
The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations.
Current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle.
Current liabilities are often understood as all liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer.
Current ratio = current assets ÷ current liabilities.
From the question above;
Current assets;
Cash $600
Account receivable $900
Office supplies $400
Total $1900
Current liabilities;
Account payable $500
Salaries payable $200
Total $700
Current ratio = 1900 ÷ 700
Current ratio = 2.71
Answer:
This is correct, along with some other things a project manager could do.
Explanation:
Answer:
B) determines the target federal funds rate and the direction of open market operation policies.
Explanation:
The Federal Open Market Committee (FOMC) is made up of 12 members:
- the seven members of the Board of Governors of the FED
- president of the Federal Reserve Bank of New York
- four of the remaining eleven federal reserve bank presidents
Its main roles are to:
- set monetary policy
- set target federal funds rate
- implement the open market operation policies
