Answer:
Explanation:
Return on investment (ROI) can be defined as a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of investments.
The ability to calculate return on investment is particularly valuable for any business regardless of its size or industry. by calculating ROI, an individual can understand how well their business is doing and which areas needs improvement.
Every business decision requires knowldge of ROI, so as to optimize profitability. Yes it is acceptable to loose profit of one product for the sale of a profitable product because the gain that would be derived by selling an extremely profitable products is better for the company that the gain one product will derive. Afterall, every company wants to increase profitability.
Answer:
D. FreshDirect shares warehouse space with farmers and livestock producers
Explanation:
FreshDirect does not share its own resources with the supplier in order to get a lower rate. If it does that , he would be practicing a business model which has different entities attached to each other to work for greater goal.
Here, this is not the case. FreshDirect tends to look for out of the box ways to lower supplier cost but "FreshDirect shares warehouse space with farmers and livestock producers" is not one of those ways.
Answer:
A parameter table was constructed to show the transportation problem and to also obtain an optimal solution.
Explanation:
<u>Solution</u>
(a) the first step is to prepare the problem as a transportation problem by establishing the appropriate parameter table
1 2 3 Supply
Source 1 31 45 38 400
(Plant) 2 29 41 45 600
3 32 46 40 400
4 28 42 M 600
5 29 43 M 1000
Demand 600 1000 800
The total supply is = 400 + 600 + 400+ 600+ 1000= 3000
Total demand is = 600 + 1000 + 800 = 2400
(b) since the problem given is an imbalanced transportation problem,to make it a balance transportation problem we will make use of what is called the dummy destination for this numbers 3000 - 2400 = 600
1 2 3 4 (Dummy) Supply
Source 1 31 45 38 0 400
(Plant) 2 29 41 45 0 600
3 32 46 40 0 400
4 28 42 M 0 600
5 29 43 M 0 100
Demand 600 1000 800 600
The positive independent number of allocations is equal to m+n -1 = 5 + 4-1 =8
This solution is a basic feasible solution called a non -degenerate
The cost of initial transportation is he initial transportation cost=31*400+29*200+41*400+46*400+42*200+M*400+M*400+0*600
=$61400+800M
Note: kindly find an attached document of the part of the solution of the work.
Answer:E. POLICYMAKERS WILL TAKE ACTIONS THAT ARE LIKELY TO RESULT IN THEIR BEING RE-ELECTED
Explanation: Public choice model suggests that public officials like political office holders will most likely use ECONOMIC POLICIES to ensure they achieve a personal desire or desires such RE-ELECTION.
Public office holders have come to realize that Voters choice are influenced by Government policies,they always want to implement policies that will influence the choice of voters.
Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units
