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Alona [7]
3 years ago
14

The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice

s False True
Business
1 answer:
forsale [732]3 years ago
8 0

Answer:

The statement is: False.

Explanation:

In supply chain management, incremental analysis is in charge of determining the cost of ordering one more additional unit of a product over the cost of no requesting that additional unit. The cost of overstimulating demand is the loss of ordering one additional unit and discovering that it cannot be sold. The cost of underestimating demand is the opportunity loss for nor requesting one additional and discovering it could have been sold.

<em>The cost of underestimating demand is more difficult to determine than the cost of overestimating demand because underestimating demand because it involves customer's desires</em> on purchasing a product when not having the resources to do so.

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Blue Ridge Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 40,000 parts is $138,
likoan [24]

Answer:

$2.17

Explanation:

The computation of maximum amount per unit is shown below:-

First we need to compute the avoidable fixed coast and total cost of making to reach maximum amount per unit

Avoidable fixed cost = Fixed cost × Fixes cost percentage

= $73,000 × 30%

= $21,900

Total cost of making = Variable cost + Avoidable fixed cost

= $65,000 + $21,900

= $86,900

Maximum amount per unit = Total cost of making ÷ Producing cost

= $86,900 ÷ 40,000

= $2.17

Therefore, for computing the maximum amount per unit we simply divide the total cost of making by producing cost.

6 0
3 years ago
A state may not discriminate against citizens of other states, and each must give "full faith and credit" to the official acts o
julsineya [31]
<span>The answer is "states". In the United States Constitution, Article Four defines the relationship between states, and between the states and the federal government. This "full faith and credit" includes the public acts, records and court proceedings of other states. States must recognize and respect decisions of each state's courts.</span>
8 0
2 years ago
Which one of the following communication efforts would be considered advertising?
True [87]

Answer:

The correct answer to this question is D) When on a television, National milk council is giving a message to the public, to drink milk , that would be called advertising.

Explanation:

Advertisement can be defined as a form of communication, where the main objective is to try influencing the behavior of target consumers. Here a product or service is being brought in to the attention of target consumers, so that consumers can be urged to buy that product or service. A producer develops a message here and places that message to the consumer ( in this question through TV done by national milk council ), with the intention of persuading the consumers to buy that product or service.

5 0
3 years ago
Skipper’s Pet Products was started by Steve to sell a range of dog food and treats made from fish. Due to fish being a very peri
Basile [38]

Answer: Yes it was

Explanation:

When considering where you should set up location, it is best to look at the cost of locating your business from various perspectives such as raw material acquisition, transport to suppliers, transport to customers and accessibility.

Depending on the business, some factors would have to be given more weight. In the above scenario, raw material acquisition and transport from suppliers should be given a higher weight because the goods are perishable and so costs would be high if the location is too far from the source of the fish.

Given that technology has made it easier to sell from many places, transport to customers is not as major a factor as transport to suppliers. The most important factor to focus on for this business therefore is raw material acquisition and by locating the company so close to the source, the cost to acquire the raw material from suppliers was heavily reduced so this was the best option.

3 0
3 years ago
Equipment loans are often tied to all of the following except:
vichka [17]
<span>The correct answer is C. Equipment loans are not usually tied to the redevelopment of the business real estate in any way. Equipment and real estate are two distinct classes of business assets. An equipment loan would, however, be tired to the equipment itself as the nature of the equipment would determine the amount of the loan. The equipment would also usually serve as collateral on the loan. The financial position of the borrow and the business's overall cash flow (but mainly its operating cash flow) would also be tied to the equipment loan in that these items would help the bank assess the risk of the loan and therefore determine the interest rate and terms of the loan.</span>
4 0
2 years ago
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