Answer:
Q is 98
Explanation:
Marginal (average) cost (including opportunity cost) = $8 + $2 = $10
Profit is maximized when MR = MC = 10.
P = 402 - 2Q
Total revenue (TR) = P x Q = 402Q - 2Q^2
MR = dTR/dQ = 402 - 4Q
Equating with MC,
402 - 4Q = 10
4Q = 392
Q = 98
Answer:
Explanation:
Just in time or JIT is an inventory management strategy that aims at availing goods or raw materials when they are needed for production. JIT aligns materials delivery schedules with the production timetable. This strategy increases efficiency and reduces wastage by ordering goods only when they are required.
For just in time strategy to be successful, a business must have reliable suppliers. Purchasing inventory in bulk holds a lot of capital. By implementing JIT, a company will manage its cash flow better. JIT helps reduces wastage as items stored in bulk are likely to get damaged or lost.
H&M has adopted a Just in time inventory management strategy due to the low level of merchandise held. Frequent ordering suggests that the orders are based on requirements. H&M must be keen on its order management strategy to avoids the risks of frequent stock-outs.
Answer:
Educating the general public, Promote family planning, government incentives
Explanation:
Some ways that could stop overpopulation is by having more incentives for people who don't have as many kids and by promoting family planning. People will be more educated and know the consequences of having to many children. The more educated they are the less likely they are to have mulitple children because they will know that having children is expensive.
If a buyer were to return or take an allowance on merchandise, they must issue a debit memorandum. They do this to let the seller know there was a debt made to their accounts payable in their records. This limits the liability they have for being audited for incorrect placement of debt.
The high premium pricing strategy is used.
A premium pricing approach entails pricing a product higher than comparable ones. This method is also known as skim pricing since it attempts to "skim the cream" off the top of the market.
Here the internet provider is providing high speed internet at lowest cost if the two year contract is taken, now the user gets used to that speed and now will not be satisfied with the low speed so he will take the offer even if it is provided at high price.
This strategy of pricing is called premium pricing strategy.
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