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3 years ago

Which of these is NOT an assumption of the basic continuous review model?

Business

1 answer:

VladimirAG [237]3 years ago

6 0

Answer:

D. The order quantity is constant, regardless of the demand.

Explanation:

Basic Continuous Review Model relates to inventory stock management, where each time an inventory unit is added in or moved out the stock level is calculated again.

It do not assume that the order quantity is constant as it calculates inventory level after each order, there is no basic assumption as such.

The review model keeps on moving the stock and tries to maintain such level as by ordering the quantity sold, and it keeps on rotating, but there is no standard set for order quantity.

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Suppose that the only café in town can sell five fish dinners per night at a price of $10 each. If this monopoly firm wants to s

UNO [17]

Answer:

a.$4

Explanation:

initial price of fish dinner per piece was= $10

no. of fish dinner sold = 5

total initial revenue= 5*10= $50

new price of fish dinner = $9

and now six fish dinners are sold

new revenue= 6*9= $54

therefore the marginal revenue from the sixth dinner sold= 54-50= $4

hence option a is correct

4 0

3 years ago

The M-N plant manufactures two different products: M and N. Selling prices and weekly market demands are shown in the following

tamaranim1 [39]

The answers to the question are:

The machine that is the constraint is the machine c.
The product m = 80 units and n = 80 units
Net profit = $3600

<h3>1. How to solve for the constraint of the machine</h3>

We have to solve for the workload of the machines

For A. 20*100 = 2000

For B, 5 * 100 + 10 *80

= 500 + 800 = 1300

For Machine C = 15 * 100 + 15 * 80

= 1500 + 1200

= 2700

The time at the workstation in c is more than the constant time of 2400, hence the constraint that we have is machine c.

b. 2400- 1200 = 1200

The product mix would be 1200/15

= 80

Hence the product mix m = 80 units and that of n = 80 units

<h3>c. The total net profit</h3>

80*$90 = 7200 , 80 * 105 = 8400

7200 + 8400

= 15600

The net profit = 15600 - 12000

= $3600

Read more on net profit here:

brainly.com/question/15530787

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7 0

1 year ago

While showing a property to an unrepresented buyer, you owe the customer the duties of dealing honestly and fairly, accounting f

adelina 88 [10]

This is also known as the three duties towards the customer DAD Dealing with Honesty. Accounting for all funds and Disclosing the material facts to the buyer.

<h3>Who is a buyer?</h3>

A buyer is a customer who purchases the goods and or services of a company through which the company generates the revenue and earn profits. The buyer plays a key role in the development and running of a company.

The buyer should be allowed to have all the information about the product or service it is going to purchase, the buyer should be informed about the market rates and the demand of the goods as this is a material fact about the product.

Therefore it is a duty that a seller owes to the buyer to deal with honesty that is not charging high price if they are unaware of the price of the product.

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2 years ago

Alexis, a customer service supervisor at ABC Airlines, typically seeks the full participation of her team members when planning,

Natalija [7]

Answer:

consultation

Explanation:

Influence Tactics are different methods used by leaders in order to influence their subordinates/employees to move or change their current work direction. Therefore based on this scenario it seems as though Alexis is using a tactic known as a consultation. In the context of the nine generic influence tactics, consultation refers to getting employees to participate in the act of planning and making decisions.

3 0

3 years ago

Read 2 more answers

Company XYZ has the following sales budget for the last six months of 2018. July $100,000 August $75,000 September $100,000 Octo

sweet [91]

Answer: $67,250

Explanation:

Sales budget : July $100,000, August $75,000, September $100,000, October $70,000, November $110,000, December $94,000

What are the expected cash collections of sales in October

From the question, cash collection of sales has been as follows: 60% of sales collected in month of sales 20% of sales collected in month following sale 7% of sales collected in second month following sale 2% of sales uncollectible

Sales: 75,000 100,000 70,000

August. 45,000.

September 15,000 60000

October 5,250. 20,000 42,000

Total collected in October is 5250+20000+42,000= 67,250

7 0

3 years ago

Which of these is NOT an assumption of the basic continuous review​ model?

Which of these is NOT an assumption of the basic continuous review model?