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2 years ago

Which of the following scenarios would likely shift the supply curve for potatoes to the right (increase in supply)?

Business

1 answer:

OlgaM077 [116]2 years ago

5 0

Answer:

The correct answer is option b.

Explanation:

The supply curve for potatoes can shift to the right because of an increase in the supply. The supply for a product may arise because of several reasons such as improvement in technology or reduction in the cost of production.

In the given options, the use of new harvester that allows the farmer to bring in ripe potatoes at twice the speed than earlier will help the farmer to increase supply. This will further cause the supply curve to move to the right.

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What vision do you have for your own future?

kondor19780726 [428]

No one can write down a vision for your future, its your vision and future.

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2 years ago

A cafeteria buys muffins daily. Demand varies Uniformly between 30 and 50 muffins per day. The cafeteria pays $.20 per muffin an

kakasveta [241]

Answer:

The optimal stocking level is 45 muffins.

Explanation:

First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2

Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60

Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75

Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)

optimal stocking level = 30 + 0.75*(50-30) = 45

The optimal stocking level is 45 muffins.

Optimal stocking level = 68.75 Muffins

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2 years ago

Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass

Vikki [24]

80,000 people who traveled to the West in search of riches

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2 years ago

Which of the following is a true statement about inventory systems?A)Periodic inventory systems require more detailed inventory

balu736 [363]

Answer:

B)Perpetual inventory systems require more detailed inventory records.

Explanation:

Under the Perpetual inventory system, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.

Many times it varies because different units in inventory were purchased at different prices and times. Inflation might be a factor the prices changes too.

However, in the Periodic inventory system, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the Inventory account at the end of the year to know COGS.

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3 years ago

What methods can be used to predict demand for healthcare

kaheart [24]

The methods used to predict demand for healthcare are:

percent adjustment,
12-month moving average,
trendline
seasonalized forecast. This is further explained below.

<h3>What is healthcare?</h3>

Generally, the administration of organized medical treatment to individuals or to a community of patients.

In conclusion, there are many other quantitative approaches for predicting, but the four most prevalent methods are the seasonalized forecast, the trendline forecast, the percent adjustment prediction, and the moving average of the last 12 months. The organization's recent historical need served as the foundation for each of these four approaches.