Answer:
2. Limited supply would increase the price
Explanation:
In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.
Expected sales being 500 units per month.
During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.
Since the supply is limited to 1000 units only in a month and the quantity demanded being more as is evident by 4000 units being pre sold, during the initial phase, this would create a high demand.
And since the supply is limited, the seller will have to increase the price as the demand is lot more.
Trade credit
Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.
<h3>What is the meaning of trade credit?</h3>
A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.
Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.
Learn more about trade credit here:
brainly.com/question/4503841
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Answer & Explanation:
In terms of completion of goals, the key difference between strategic aim and SWOT is the time-frame.
In this case, the strategic goal is future-oriented and long-term (around 10-20 years). The strategic goal is simply to make sure that the whole enterprise, in order to meet potential business demand, works on forecasting consumer demand in the future, reinforcing and enhancing its core competences.
On the other side, in implementing the corporate goals and achieving success, SWOT has a short-term outlook. In this context, SWOT focuses on current data and knowledge, such as specific expertise, current business demand and satisfying this need.
Answer:
(a) 464 units
(b) 1,064 units
Explanation:
Given that,
Mean, M = 300
Standard deviation, SD = 200
Targeting CSL = 95%
Z-value for the 0.95 = 1.645 (Obtained from the Z-tables)
Lead time, L = 2
Standard deviation during lead time = SD × √L
= 200 × √2
= 200 × 1.41
= 282
Safety stock = z × Standard deviation during lead time
= 1.645 × 282
= 463.89 or 464 units
ROP = (M × L) + Safety stock
= (300 × 2) + 464
= 600 + 464
= 1,064 units
Answer:False
Explanation:
It wouldn’t run with out them
