Answer:
less than zero
Explanation:
According to the law of demand, an increase in price reflects in a decrease in demad. That is, price and demand are inversely proportional. Since ax is associated with the price of good X, it must be negative to accurately describe that behavior in the demand function.
Thus, ax will be: less than zero.
Answer:
The level of sales in units is 7,400
Explanation:
The computation of the level of sales in units is shown below:
= (Fixed cost + target income) ÷ (Contribution margin per unit)
= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)
= $392,200 ÷ $53 per unit
= 7,400 units
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
Henec, the level of sales in units is 7,400
Answer:
I think you mean Patrick Jørgensen
Explanation:
He is a musical artist and if you don't mean Patrick Jørgensen I'm sorry
Solution :
The optimal order quantity, EOQ = 
EOQ = 
= 115.47
The expected number of orders = 
= 17.32
The daily demand = demand / number of working days
= 8.33
The time between the orders = EOQ / daily demand
= 13.86 days
ROP = ( Daily demand x lead time ) + safety stock
= 76.64
The annual holding cost = 
= 207.85
The annual ordering cost = 
= 207.85
So the total inventory cost = annual holding cost + annual ordering cost
= 207.85 + 207.85
= 415.7
Answer:
Make-to-order manufacturing.
Explanation:
Different Production Types:
-Make to Stock
-Make to Order (MTO)
MTO is a production approach where products are not built until a confirmed order for products is received. Customers highly customized requests can be satisfied and reconnect the value chain to the customer.
Process characteristics:
-Each order is specific, cannot be stored in advance
-Process manger needs to maintain sufficient capacity
-Variability in both arrival and processing time
-Role of capacity rather than inventory
