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madreJ [45]
3 years ago
9

A small automotive parts shop uses a continuous review system to restock cases of oil. At the start of the day they have 175 qua

rts. The reorder point is 200 and the order quantity is 48. They have 48 quarts scheduled to arrive in the next 2 days. A customer walks in and buys 35 quarts. Should they place another order? Yes or No
Business
1 answer:
-BARSIC- [3]3 years ago
4 0

Answer:

Yes

Explanation:

A continuous review system means that inventory levels are always being checked. If that is the case, then the company should realize that after the customer bought the 35 quarts, that even after the scheduled 48 quarts arrive, they will still be under the reorder point (188 < 200) even if no additional sales occur:

I = 175+48-35\\I=188\ quarts

Therefore, they should place another order, the answer is Yes.

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Finding the required interest rate: Your parents will retire in 18 years. They currently have $250,000, and they think they will
Salsk061 [2.6K]

Answer:

i= 8% annual compunded

Explanation:

Giving the following information:

Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.

We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.

FV= PV*(1+i)^n

Isolating i:

i= [(FV/PV)^(1/n)] - 1

i= [(1,00,000/250,000)^(1/18)] - 1= 0.08

i= 8% annual compunded

7 0
3 years ago
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo
grigory [225]

Answer:

The correct options are as follows

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The quantity of Humbugs demanded will not change.

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

The options given are as follows

Sellers will pay all of the tax.

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The price of Humbugs will rise by less than $10.

The quantity of Humbugs demanded will not change.

Now option 1 is not correct as the buyer has to pay the tax not the seller.

option 2 is correct

option 3 is correct

option 4 is not correct as the initial price is $50 and the new price is to be more than $60 thus the rise is more than $10.

option 5 is correct as the demand of the hamburger will remain the same.

5 0
3 years ago
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Close to around 15,000?
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What determines the foreign exchange rate?
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What ever you enjoy doing go for it and you wont know that you don't like it unless you try it and whatever you are interested in look it up and get some information and if it doesn't seem like you then go for something different.
I hope that helped!!!
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3 years ago
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