<span>Johanna must come up with 800 more dollars in order to pay her college tuition. This number is calculated by multiplying 8,000 by 10% (or .10). When these calculations are completed, you get the number 800. Because the college tuition increases by 10%, calculating 10% of 800 tells you the amount risen due to inflation.</span>
Answer:
Following is the solution for the given problem.
Explanation:
Best order size, EOQ =√2DS/H
EOQ = √2*4700*60/5
EOQ = 336 units.
D = 4700/300 = 15.66.
σ L= √∑σ²
= √3*(5)² = 8.66.
Reorder point, R = D*L+ z σ L
Reorder point, R = 15.66*3 + 1.282*8.66
Reorder point, R = 58 units.
Answer:
Option (E) is correct.
Explanation:
The opportunity cost refers to the benefits that are sacrificed by choosing some other alternative.
In our case, there are two restaurants as follows:
One is 2 miles away from home with higher prices
Second one is 15 miles away from home with lower prices
But Melissa chooses the first one by comparing the opportunity cost associated with each option relative to the other option.
This is because of the higher opportunity cost associated with second restaurant offsets the higher monetary cost of the first restaurant.
Answer:
C) holier-than-thou
Explanation:
A holier than thou appeal refers to an attitude of superiority. It was originally used as a religious expression to show that someone was more "holy" or more religious than other people.
But this approach of feeling superior also takes place in a business when a member of the organization feels that his/her job is better and more important than the jobs and performance of the rest. It implies being super optimistic about your own abilities and capabilities, enough for them to diminish others.
E.g. how many times have you heard someone else say that if it was him/her that was doing something important, everything would be great and flow smoothly, because they are the best in doing this and that, and about everything else.
