Answer:
$ 315
Explanation:
Given that
Pure premium = $300
Insurance company charges = 5%
Thus,
Amount of insurance company changes = 300 × 5%
= 300 × 0.05
= $15
Therefore,
Total premium = pure premium + insurance company charges
= 300 + 15
= $ 315
Note that: Premium is simply the amount to be paid regularly to an insurance company for an insurance policy. It is the money paid periodically by the insured to the insurer.
Answer:
Check the explanation
Explanation:
The Economic Order Quantity (EOQ) is the amount of units that a firm or an organization is expected to include to its inventory with each order to reduce minimally the overall costs of inventory—such as order costs, holding costs, and shortage costs.
Kindly check the step by step explanation in the attached images below to get the solution to the question
Answer:
Explanation:
Zoom Slingshot's marketing.team conducted the survey in a bid to add more value to the customer. After the discovery that some of the slingshot lines breaks frequently, the feedback from the survey was used to add value to the customer by providing a stronger product.
Businesses are always looking for ways of adding value for customers, and feedback is a good insight to customer needs.
