Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of <u>B. a just-in-time (JIT) inventory system</u>.
<h3>What is a Just-inTime inventory system?</h3>
A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.
With a Just-in-Time system, inventory arrives as production is scheduled to begin.
The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.
A. a merchandising inventory system.
B. a just-in-time (JIT) inventory system.
C. a finished goods inventory system.
D. determining inventory quantities.
Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of <u>B. a just-in-time (JIT) inventory system</u>.
Learn more about the Just-in-Time inventory system at brainly.com/question/8842151
Answer:
behavioral
Explanation:
Behavioral tolerance is a term in psychology often used to illustrates the drop in the effectiveness of drug usage in influencing the actual user, following a constant usage of the drug.
Hence, in this certain situation, and given that Lowell has found out that he needs more heroin to feel "alright" the correct answer is that this is an example of BEHAVIORAL tolerance.
Answer:
free market economy
Explanation:
in a free market economy business organisation determine what profitable goods and services to produce and the market determines the price to pay for such goods and services
The expected value of buying this insurance policy is $50.
The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.
If Jacob gets into an accident and is covered, his payout will be:
= benefit - cost
= 10,000 - 750
= $9,250
The probability of this happening is 8%.
If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:
= 100% - 8%
= 92%
The expected value of the insurance is:
= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)
= (8% * 9,250) + (92% * -750)
= $50
<em>More information on expected value can be found at brainly.com/question/17069001.</em>