Answer:
d. Firms that have to deal with the possibility of price wars often have sticky prices.
Explanation:
Prices are one of the key factors for the demand and supply in any economy.
If the prices are favorable to producers, it is benefit to them, and then they supply a high quantity, whereas the demand decreases.
When a firm tends to believe to have some price wars, basically not the price the supplier wants, or the industry is against the price determined by the supplier then, the firm chooses to use stick price. That the price do not fluctuate, and gets fixed with as the firm is not ready to supply below a certain level of price.
Answer:
B
Explanation:
If an investment adviser representative transacting business in a state terminates employment with a state registered investment adviser, both the representative and the investment adviser must notify the Administrator promptly.
Answer:
13.3%
Explanation:
The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.
According to the given data
Total observations = 45 observations
Number of observation that found loader idle = 6 observations
Percentage of idle time is the ratio of number of times labor found idle to total numbers of observations.
Estimated percentage of idle time = (6 / 45) x 100
Estimated percentage of idle time = 13.3%
If capacity is expensive and inventory is cheap, a good reason to hold inventory is to level load capacity by using inventory as a buffer between demand variability and capacity utilization-<u>The statement is true</u>
Explanation:
<u>Capacity management</u> can be defined as the act of management to ensure maximization of the product output and the potential activities associated with production,under all the given circumstances
The<u> capacity of a business measures</u> how much the business can achieve, produce, or sell within a given time period.It refers to the maximum output rate a company can produce
<u>Load capacity</u> is use to define the maximum demand, stress, or load that can be placed/leveled on a given system under normal or specified conditions for an extended period of time.
