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Kitty [74]
3 years ago
14

Agnes and Buford went camping to celebrate their 50th wedding anniversary. While eating under the moonlit sky, Agnes and Buford

conversed about days gone by. Suddenly the mood was spoiled when Buford discovered a rat's ear in the bottom of his can of Best-of-the-Rest baked beans. Buford wants to sue Best-of-the-Rest. Buford's best theory of liability isA. Respondeat superior. B. Strict liability for design defects C. Res ipsa loquitur D. Assumption of the risk.
Business
1 answer:
Alex17521 [72]3 years ago
5 0

Answer:

The letter D. Assumption of the risk.

Explanation:

I believe the Best-of-the-Rest company is reliable for the quality of the products it produces and resells. Trading food is very dangerous because it needs a very close surveillance by the owner and supervision. A part of a mouse ear at the bottom of the can may have been overlooked in the packaging. Alternatively, it may have been posed by someone with bad intentions to undermine the company's credibility. Everything is possible.

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C&A purchases fertilizer for its lawn-care business from a supplier who charges $30 per order and $50 per case. Each case co
Verdich [7]

Answer:

$1.5

Explanation:

Given:

Charges per order = $30

Charges per case = $50

1 case = 5 bags of fertilizers

Number of fertilizers bags needed per year = 2000 bags

Annual holding cost, C₀ = 30%

Now,

Annual demand for cases,  D = \frac{\textup{Number of fertilizers bags needed}}{\textup{Number of bags per case}}

= \frac{\textup{2000}}{\textup{5}}

= 400 cases

thus,

Annual unit holding cost per case, C_h = 30% of $50 i.e $15

Thus,

Economic Order quantity ( EOQ ) =\sqrt{\frac{2C_oD}{C_h}}

on substituting the respective values, we get

EOQ =\sqrt{\frac{2\times30\times400}{15}}

or

EOQ = 40

Now,

Annual ordering cost = Ordering cost × Number of orders

= C₀ × \frac{\textup{annual demand}}{\textup{EOQ}}

= $30 × \frac{\textup{400}}{\textup{40}}

= $300

Annual inventory holding cost

= Annual unit inventory holding cost × Average inventory

= C_h × \frac{\textup{EOQ}}{\textup{2}}

= $15 × \frac{\textup{40}}{\textup{2}}  

= $300

Now,

Sum of annual ordering and holding cost per case of fertilizer

= $300 + $300

= $600

Therefore,

Annual ordering and holding cost per case of fertiliser

= \frac{\textup{600}}{\textup{Annual demand}}

= \frac{\textup{600}}{\textup{400}}

= $1.5

7 0
3 years ago
Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be se
earnstyle [38]

Answer:

29,867 units

Explanation:

Variable cost per unit (VC) = $75.00

Sales price (P) = 1.50 * VC = $112.50

Fixed costs (FC) = $1,120,000

Units sold (n) = ?

EBIT is given by:

EBIT = P*n - VC*n -FC

Therefore, the number of units sold required to break even is:

0 = 112.50*n - 75.00*n -1,120,000\\n=\frac{1,120,000}{37.5} \\n=29,866.7

Round up the value obtained to the next whole unit and the sales volume needed is 29,867 units.

6 0
3 years ago
Read 2 more answers
NEED THIS SUPER FAST! ASAP!!!
IrinaVladis [17]

Answer:

     William James an American philosopher and psychologist. James was born into a wealthy family which lived in New York at the time of his birth. In 1861 James began his scientific studies at the Lawrence Scientific School of Harvard College. He then, in 1864, took up medical studies at Harvard Medical School. James finally earned his MD degree in June of 1869 but he never practiced medicine.

    William James gained widespread recognition with his monumental "The Principles of Psychology," which was published in 1890. James held a in line with pragmatism, and declared that the value of any truth was utterly dependent upon its use to the person in which had held it. In his search for truth and assorted states of psychology, William James developed his two-stage model of free will. In this model, James tries to explain how it is people come to the creation of a decision and what factors are involved with it it.

Explanation:

3 0
3 years ago
The government offers a subsidy of $5 per unit that increases the profit-maximizing quantity to 200 units. What will the total c
mars1129 [50]

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

7 0
2 years ago
Workers at a bicycle assembly plant currently earn the mandatory minimum wage. If the federal government increases the minimum w
sveta [45]

Answer:

(C) Supply of bicycles will shift to the left.

Explanation:

A change in supply results to a shift in the supply curve. A decrease in the change in supply, which is caused by an increase in price will shift the supply curve left.

5 0
3 years ago
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