Answer: Choiceboard
Explanation: A choiceboard may be explained as an online tool usually developed by product makers or manufacturers which affords consumers to make bespoke or custom products by allowing them the flexibility of making personal choices about the type, attribute and specifications they would want their personal product to posses. The choiceboard will contain a list of various options available on each of the specifications a product could have and the customer makes his or her choice allowing them to build a fully customized product.
Answer:
The correct answer is option B, C, and E.
Explanation:
Transaction cost refers to the cost incurred on resources and time necessary for facilitating exchange of goods and services.
Among the given options, the examples of transaction cost is cost of monitoring an agreement, the cost of drafting a contract or agreement, and the time required to negotiate an agreement.
All these costs are incurred in order to facilitate exchange of goods and services.
The problem of externalities can have efficient private solution if these transaction costs are low otherwise the governement has to intervene to efficiently allocate resources.
Answer:
26 packages
Explanation:
Given that:
The demand D = 186 packages in a week
Standard deviation = 13packages
The lead time L = 1.5 weeks
Order quantity Q = 750 packages
The Confidence service Level = 0.95
At the service level (SL) if we find the P(Z) of the SL using Excel, we have:
P(Z) = NORMSINV(0.95)
P(Z) = 1.64
Thus;
the safety stock = Z × SD√L

= 1.64 \times 13 (1.224745)
= 1.64\times15.92
= 26.11156
≅ 26 packages
Answer:
The answer is: Yes, an exchange was made.
Explanation:
In marketing, an exchange happens every time two or more entities (people. organizations or businesses) trade products or services. Each trade should result in a utility created for each party involved. In other words, what you get in exchange is worth more (at least for you) than what you give.
In Amanda's case, an exchange is made because she donated blood and received a feeling of satisfaction and happiness in exchange.
Answer:
Factory overhead= $22,900
Explanation:
Giving the following information:
Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200
<u>Factory overhead is all the indirect costs related to production. In this case:</u>
Factory overhead= indirect materials + indirect labor + factory depreciation
Factory overhead= 3,200 + 7,700 + 12,000
Factory overhead= $22,900