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dolphi86 [110]
2 years ago
7

Who deserves more credit for making the united states an industrial powerhouse – industrialists or workers?

Business
1 answer:
Leni [432]2 years ago
7 0

workers deserve more credit

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Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the
KonstantinChe [14]

Answer:

A. $348.29

Explanation:

Given that:

The Paint Supply Store franchise sells an average of 30 gallons of Red Paint every week (for 52 weeks per year)

i.e weekly demand = 30 gallons

Since 30 gallons is demanded weekly

Then annual demand for a year that contains 52 weeks = 30 × 52

= 1560

Order quantity = 70 gallons

Thus; number of orders = annual demand for a year / order quantity

number of orders = 1560 /70

number of orders = 22.2857

Price per gallon = $2.00

Time to receive order = 1.25 weeks

Administrative cost Ordering paint (i.e ordering cost per order) = $15

The total Ordering cost per order = number of orders × ordering cost per order

The total Ordering cost per order =  22.2857 × 15

The total Ordering cost per order =  $334.2855

Holding cost = 20% of the purchase price per gallon per year

Holding cost = 20/100 × $2

Holding cost =  0.2 × $2

Holding cost = $0.4 per unit per year

∴

The Inventory Holding cost = ( order quantity /2 ) × holding cost

The Inventory Holding cost =  (70/2) × 0.4

The Inventory Holding cost = 35  × 0.4

The Inventory Holding cost = $14

Finally, Total Annual Inventory Cost for the company's current policy is :

Total Annual Inventory Cost  = Total Ordering cost per order + Inventory Holding cost

Total Annual Inventory Cost  =  $334.2855 + $14

Total Annual Inventory Cost = $348.2855

Total Annual Inventory Cost ≅ $348.29

5 0
3 years ago
Only one commercial bank in the banking system has an excess reserve, and its excess reserve is $400,000. This bank makes a new
Zarrin [17]

Answer:

money supply will increase by 2,400,000

Explanation:

the expansion f the money supply will be:

the money multiplier will be:

1/reserve ratio = 1/0.125 = 8

300,000 x 8 = 2,400,000

The reasoning for the multiplier effect is the following:

once the money is received, it will be used, and the person who receive the cash will deposit their proceeds.

This amount, can generate a new loan for, the remainder after subtracting the required reserve.

300,000 - 12.5% = 262,500

And this, once used will also end in a deposit. This opens the posibility for another loan, after reducing the reserve

262,500 - 12.5% = 229,687.5‬

This can be reapeat again and again and the limit for this is the formula state above:

multiplier effect = 1/reserve ratio

5 0
3 years ago
A credit card had an Apr of 12.87% all of last year and compounded interest daily. What was the credit card's effective interest
alisha [4.7K]

Answer:

13.73%

Explanation:

Effective annual rate = (1 + APR / m ) ^m - 1

M = number of compounding = 365

(1 + \frac{0.1287}{365} )^{365} - 1

(1.000353)^{365} - 1 = 0.1373 = 13.73%

7 0
3 years ago
Disney gets its cast members to go out of their way to make people happy by valuing its employees like internal customers, which
Zigmanuir [339]
<span>The process Disney uses as getting their employees to go out of their way to make people happy by means of valuing employees as if they were internal customers is called internal marketing. Internal marketing is a process that can only happen within a company or organization. The base idea of it is to align the employees with the business through motivation and through empowerment of employees at all levels to push them to deliver rewarding experiences to customers.</span>
5 0
3 years ago
Adams Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales
vagabundo [1.1K]

Answer:

Expected contribution as per sales mix = $37*0.60 + $50*0.40

= $22.20 + $20

= $42.20 per unit

Total number of products in total at break even point = Total fixed cost / Contribution per unit

= $227,880 / $42.20 per unit

= 5,400 units

How many units each of Super and Supreme must Adams sell to break even?

<u>According to sales mix:</u>

Super = 5,400 * 60% = 3,240 units

Supreme = 5,400 * 40% = 2,160 units.

3 0
2 years ago
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