Answer:
245 units reduction.
Explanation:
What is safety stocks?
Safety stocks can be defined as the extra stock that is been kept by business organizations in order to minimize their risk. One can not successfully say that an amount of a material will be need at a particular period of time by the consumers and this is the reason many companies or industries or business organizations do keep safety stocks in their inventory.
So, let us proceed in to solving the question.
The parameters given in the question are; lead time = 5 weeks, standard deviation of demand during the lead time = 85 units, desired cycle-service level = 99%.
We can calculate the value of units for the Reduction in safety stocks by using the formula below;
Reduction in safety stocks=safety stocks - revised safety stocks.
Reduction in safety stocks = 443 - (2.33 × 85 units × 1 week lead time)
Reduction in safety stocks = (443 - 198) units = 245 units.
Note that 2.33 is from the 99% service level) and the 443 is from the 5 weeks lead time which can be Calculated using; (maximum daily usage × maximum lead time in days) - (average daily usage) × average lead time in days.
Answer:
Simone, Yakov and Ana could possibly be right.
Explanation:
The price of fell but the quantity remained the same.
If an elastic demand shifts the demand curve will move to the left. This would cause both prices as well as quantity to decline. So Rajeev's statement is not correct.
This can be because of the inelastic supply curve. If the supply curve is an inelastic vertical line then a fall in demand will not affect quantity while the price will fall. So, Simone's statement can be right.
If there is a decline in the demand curve will shift to the left. Now, if there is an increase in the supply by the same amount the price will fall but quantity will remain the same. So, Yakov's statement is right.
If supply increased but the demand curve is perfectly inelastic, the rightward shift in the supply curve will cause the price to fall but quantity will remain the same. So, Ana's statement is right.
if the demand curve is unitary elastic, an increase in supply will cause the price to fall and quantity to increase. So, Charles' statement is not correct.
Invest more money into a account in mexico.... if they make 7% more percent than they would in the united states ... thats a great enough difference to have me doing the same ...
Answer:
Marnie will save = $ 125 from her raise .
Explanation:
raise income = $500
MPC = = 0.75
Marnie consumer 0.75 of every dollar increase . So total consumption increase = 500 * 0.75 = 375 $
Marnie will save = 500 - 375 = $ 125 from her raise .