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3 years ago

A negotiation support system provides support to the negotiation process by ________.

1 answer:

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Negotiation process is the process by which two or more parties meet to try to reach an agreement regarding conflicting interests.The goal of this process is to <span>reach a settlement that benefits all parties.</span>
A negotiation support system provides support to the negotiation process by increasing the likelihood that an agreement is reached when a zone of agreement exists.

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A local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. The cost of each bottle t

zimovet [89]

Answer:

annual demand = 380 * 12 = 4,560

order cost = $8.50

annual holding cost = $0.45 * 25% = $0.1125

EOQ = √[(2 * 4,560 * $8.50) / $0.1125] = 830.10 ≈ 830 units

time between placement of orders = 830 units / 4,560 units = 0.182 years = 2.18 months

reorder point = 4,560 units * 2/12 (lead time) = 760 units

A new order should be placed when the inventory level is 760 units

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3 years ago

A market shortage occurs when:a. the quantity demanded is less than the quantity supplied at a given price. b. the market price

Andreyy89

Answer:

b. the market price is below equilibrium

Explanation:

Markets are at Equilibrium, where market demand = market supply. Market Demand is downward sloping due to price - demand inverse relationship as per law of demand. And, Market Supply is upward sloping due to price - supply direct relationship as per law of supply

When Price is below Equilibrium price : Market demand is more, as it is inversely related with price. And, Market supply is less, as it is directly related with price. So Market Supply is more than Market Supply. This implies Scarcity (Market Shortage), when supply is insufficient to fulfil demand.

This excess demand (or shortage/ scarcity) creates competition among buyers & pushes up the market price.This way; finally, the market price & market quantity resume back to equilibrium level.

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3 years ago

E15 3B (L0 1) (Stock Issued for Land) Twenty thousand shares reacquired by Sierra Land Inc. for $153 per share were exchanged fo

kodGreya [7K]

Answer and Explanation:

(a)

Dr Land ($176 X $20,000) $3,520,000

Cr Treasury Stock ($153 X $20,000) $3,060,000

Cr Paid-in Capital from Treasury Stock $460,000

Cost of treasury stock might be used although , this is not a relevant measure of this economic event but it is a measure of a prior, unrelated event. Therefore the appraised value of the land is a reasonable alternative if based on appropriate fair value estimation techniques. However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this type of transaction.

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3 years ago

Economics - What’s an example where the market approach would not be appropriate? Why?

Naddika [18.5K]

try defining what a market approach is: a method of determining the value of a product based on the selling price of similar products.

you can then proceed to think of a specific product or brand which is extremely overpriced (meaning sales volume will be low) or underpriced (meaning profit is not as much as it could be).

a simple example of this could be misjudging the value of real estate, and selling houses, land and other infrastructure for either much more or much less than you should

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3 years ago

You are depositing $3,000 in a retirement account today and expect to earn an average return of 7.5 percent on this money. How m

GrogVix [38]

If we're expecting 7.5% of an increase of our $3,000 in 40 years, then we need to figure out how much of an increase we will get for the 5 plus years.

1.We're constantly dividing until we get the left side to 5 (years).

7.5% -- 40 (Half of 40 is 20, so let's divide by 2 on both sides)

3.75% -- 20 (Half of 20 is 10, so let's divide by 2 on both sides)

1.875% -- 10 (Half of 10 is 5, so let's divide 2 on both sides)

0.9375% -- 5 (We've reached our goal!)

2. Now we have to plug in.

$3,000 x 7.5 = 22,500 (Initial)

Our New Problem with 45 Years Total:

Answer: $3,000 x 8.4375 = $25,312.5

(I never completed a problem like this before, so I hope that this helps. Goodluck.)

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3 years ago