Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
Answer:
D. You can waive the late fee this time if they pay the balance
Explanation:
The customer's subscription was still active and that's why the bill for the two months were sent. Should he have informed the service provider that he would be moving soon or call them shortly after they moved, the provider would know and maybe discontinue the service. Companies usually have waiver option due to late fees. Therefore, instead of the company incurring loss for lack of due diligence on customer's part, they should consider waiving late fees for this customer to provide an incentive for him to pay the owed amount.
Procurement is the supply chain function responsible for acquiring raw materials, component parts, tools, services, and other items required from external suppliers.
<h3>What is procurement?</h3>
Procurement is a branch of supply chain that deals with buying of materials or goods for production purposes.
Procurement give account of all the logistics involved and the materials bought.
Therefore, Procurement is the supply chain function responsible for acquiring raw materials, component parts, tools, services, and other items required from external suppliers.
Learn more on procurement below
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Answer:
400 bottles should be ordered at a time
25 orders should the warehouse place in a year to minimize inventory cost
Explanation:
With regards to the above , we will calculate the economic order quantity
Given that;
Annual demand = 10,000
Cost per order = $96
Holding cost per unit = $12
EOQ = √ 2 × Annual demand × Cost per order / Holding cost per unit
EOQ = √ 2 × 10,000 × $96 / $12
EOQ = 400 bottles
Number of order = Total demand / Economic order quantity
= 10,000 / 400
= 25 orders.
Therefore,
400 bottles should be ordered at a time
25 orders should the warehouse place in a year to minimize inventory cost
Increases in the price of the good measured on the horizontal axis will make the horizontal intercept *smaller in value* and make the budget line *steeper*.