Answer:
Net income is the amount of money the business has earned after paying taxes
Answer: Improve management development process
Explanation:
The computer aided software engineering would improve management development process, customers information would be managed appropriately and doing banking activities would be easier.
Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.
Answer: See explanation
Explanation:
a) What is the economic order quantity?
This will be:
= ✓[(2 × Demand × Ordering Cost)/(Holding Cost)]
= ✓(2 × 15700 × 77 / 22)
= ✓109900
= 331 approximately
b) What are the annual holding costs?
Holding Cost = Average Inventory × Holding cost for item
= 331/2 × $22
= $3641
c) What are the annual ordering costs?
This will be calculated as:
= (Annual Demand/EOQ)*Ordering Cost
= (15700 / 331) × 77
= $3652
d) What is the reorder point?
Reorder point = Daily Demand × Lead Time
= (15700/300) × 3
= 157 units
Answer:
They dont cost like a thousand dollars.
Explanation: