Answer:
Safety stock
Explanation:
Safety stock is a stock that eplains the level of an additional stock in order to reduce the stockout risk i.e. there is a chances when the raw material is in shortfall that because of the uncertainities in the demand and supply
So according to the given situation here the additional inventory that beyond the expected demand is known as the safety stock
So the same is relevant
Answer:
The answer is: B) sustainability
Explanation:
Sustainability refers to meeting today's needs without compromising or jeopardizing the future generations' ability to fulfill their needs. Sustainability focuses on three main areas:
- economic: support long term economic growth
- environmental: protect and maintain environmental resources for future generations
- social: develop organizations and communities that meet the needs of current and future generations
Answer:
The correct answer is GOOD TIME
Explanation:
A primary feature of the "the mix" is anything for which one can lose GOOD TIME
The above is an example of property rights facilitating exchange.
<h3>What is property right?</h3>
This refers to the legal right to own a property whether or not they are tangible or intangible.
Property rights enables one to do the following:
- A person has the authority to own a property.
- The property can be used within the law as he deemed fit.
- Receive any income that the property generates.
Hence, the above is an example of property rights facilitating exchange.
Learn more about property rights here: brainly.com/question/913138
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Answer:
Largest possible total contribution margin = $127,800
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource</em>
The highest contribution from the 4,200 machine hours could be determined as follows:
Step 1 : Contribution per hour
Contribution per machine hour = contribution per unit/ machine hour
Product L Product C
$ $
Contribution 24 18
Machine hour 3 2
Contribution per hour 8/ hr 9/hr
Ranking 2nd 1st
Product C would be produced using the entire machine hours. Doing so would generate the highest contribution possible.
Contribution = contribution per hour × machine hours
= 9 × 14,200 = $127,800
Largest possible total contribution margin = $127,800
