Answer: Discount store
Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.
These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.
So, from the above we can conclude that cash and carry is a discount store.
The Director of National Intelligence is known as the President's chief adviser on intelligence matters across the executive branch.
<h3>What is the role of
Director of National Intelligence?</h3>
The director's role is to serves as the head of the Intelligence Community, directing the implementation of the National Intelligence Program budget and serving as the principal advisor to the President.
Hence, the Director of National Intelligence is known as the President's chief adviser on intelligence matters across the executive branch.
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Answer:
$444.42
Explanation:
For computing the saving amount, first need to calculate the economic order quantity, total cost etc
The economic order quantity is
where,
Annual demand is
= 774 packaging crates × 12 months
= 9,932 crates
And, the carrying cost is
= $12 × 34%
= $4.08
= 363.37 crates
Now the total cost is
= Annual ordering cost + Annual carrying cost
= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit
= 9,288 ÷ 363 × $29 + 363 ÷ 2 × $4.08
= $742.02 + $740.52
= $1,482.54
Now the total cost in case of 774 packing crates is
= Annual ordering cost + Annual carrying cost
= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit
= 9,288 ÷ 774 × $29 + 774 ÷ 2 × $4.08
= $348 + $1,578.96
= $1,926.96
So, the annual saving cost is
= $1,926.96 - $1,482.54
= $444.42
Answer:
Wal-Mart has taken revolutionary steps over the years to start econ friendly activities to promote ethics and social responsibility.
Explanation:
Wal-Mart began to take initiatives to address global impacts and embraced a sustainability program. It concentrated on redoing everything, and the main centre was to be Eco-friendly. There were original and inventive techniques received by the organisation, including building a solar panel to the stores. There was likewise establishment of innovations to use less fuel and electricity.
a. The probability that a student goes to seek for minor clarification from the professor during office hours = 6%.
b. The probability that a student goes to the professor for major clarification = 14%.
Data and Calculations:
Percentage of students in the class who go to the professor to seek clarifications = 20% (a)
Percentage of students in the class who do not go to the professor to seek clarifications = 80% (100% - 20%) (b)
Percentage of (a) who seek minor clarification = 30%
Percentage of (a) who seek major clarification = 70%
Probability of (a) seeking minor clarification = 6% (20% x 30%)
Probability of (a) seeking major clarification = 14% (20% x 70%)
Thus, the probability of students seeking minor clarification is 6% while the probability of students seeking major clarification is 14%.
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