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Answer:
Scenario D.1
Jerry Allison Plumbing Supplies:
Time between production runs = 2.25 days.
Explanation:
With EOQ = 12,000 and working days of 300 per annum
The company can produce 40 units (12,000/300) per day, producing on all the days.
But since the production rate is 90 units per day for the economic production lot size, this can be produced in 133 days (12,000/90). This leaves 167 days as free of production.
Therefore, the company can produce every 2.25 days (90/40), this will give 133 days of production (300/2.25). The time between production runs is therefore 2.25 days. This can be converted into hours, and stated as: the next production run starts after every 54 hours.
Answer:
$26.923
Explanation:
Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year
if the company pays 90% of $7000, then Mark pays 10% of $7000
Mark pays = 10/100 x $7000
=0.1 x $7000
=$700
The amount of $700 is spread over 26 weeks.
Each paycheck, Mark will be deducted
=$700/26
=$26.923 per check
Answer:
Cyclical Unemployment
Explanation:
Cyclical Unemployment occurs due to irregularities surrounding an economy and these said cycles eventually brings about recession and thus, a good number of willing workers would not be able to get jobs due to this fact. What Joseph is experiencing is called Cyclical unemployment.
I would choose A. But that's a recommended answer from my teacher<span />
