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3 years ago

Ordering cost only consists of the shipping cost from supplier to customer. True or False

Business

2 answers:

Irina18 [472]3 years ago

8 0

Answer: false

Explanation:

Ordering cost entails;

•Preparation of supplier's order

•Cost of placing the order is involved

•Documentation cost

•Inspection cost

Ordering cost handles expenses when purchasing an order, what is required to check the availability of the product ordered, and all other cost it would require when coordinating cost for a particular item requested from or by a customer.

Dennis_Churaev [7]3 years ago

3 0

Answer:

False

Explanation:

Ordering costs are the costs incurred when materials are requested for. These components of this cost are:- 1)Clerical and administrative costs involved in purchasing and accounting for the goods ordered.

2)Cost of transportation

3)Retooling cost: This happens when the product is manufactured internally. Retooling means change of working tools.

4)Insurance while in transit.

5)Drivers' salaries and allowances

6)Loss of materials while in transit.

7)Taxes, custom duties and import duties.

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Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti

Andreyy89

Answer:

The growth rate of the U.S economy in 2011 was 5.65%

Explanation:

This is a simple calculation

We use this formula to calculate percent changes from one period to another:

% change = $\frac{New Value - Old Vaue}{Old Value} * 100$

We have that the GDP for 2010 was $11,150 billion and the GDP in 2011 was $11,780 billions we then apply the formula:

% change = $\frac{11,780 - 11,150}{11,150} * 100$

% change = $\frac{630}{11,150} = 0.056 * 100 = 5.65%$

This means that the growth rate of the U.S economy in 2011 was 5.65%

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3 years ago

In a dealer market, some dealers hold a certain inventory of specific securities and create a liquid market by purchasing and se

UNO [17]

Answer:

Dealers profit comes from the spread primarily. Spread is the differential amount between buying and selling.

Explanation:

Let us assume the price of security X is USD 100 (last trade price)

A dealer will purchase this security at discounted price from the investor say USD 99 and will sell the same security in the market at USD 100, thus earning spread.

Further being market markers, dealers often use multiple strategies to prop up the price of particular security and earn gains on inventory held.

4 0

3 years ago

Define federal reserve system.

Angelina_Jolie [31]

Answer:

this is the federal banking system of USA

8 0

2 years ago

Read 2 more answers

The ________ is a form of business organization that is rapidly gaining popularity in the United States. The concept originated

zvonat [6]

Answer:

Limited liability company

Explanation:

A limited liability company (LLC) is an hybrid entity United States in which the characteristics of corporations and partnerships are combines. In this strategy owners are not personally liable for the firm's debts.

I hope you find this information useful and interesting! Good luck!

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3 years ago

A manager tells her production employees, "It's no longer good enough that your work falls anywhere within the specification lim

ololo11 [35]

Answer:

The answer is D. Taguchi concepts.

Explanation:

The Taguchi method of quality control is an approach to engineering that emphasizes the roles of research and development (R&D), product design and development in reducing the occurrence of defects and failures in manufactured goods.

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3 years ago