Answer:
By using the EOQ model, ray should order 22.8 units or 23 units each time
Explanation:
Solution
Recall that:
Ray annual estimated demand for this model is = 1,050 units
The cost of one unit carry is =$105
He estimated each order costs to place = $26
Now,
The EOQ model= (2*annual demand*ordering cost/holding cost per unit per year)^.5
Thus,
EOQ = (2*1050*26/105)^.5
EOQ = 22.8 units or 23 units
Control+Shift+Enter
Array functions in excel are powerful tools sometimes refereed to as "CSE" functions because you have to press Control+Shift+Enter in order to enter them in your worksheet.
The option that best describes the difference between HR planning and a staffing plan is this:
B. Unlike HR planning, a staffing plan identifies only the company's present hiring needs.
<h3>What is the difference between HR planning and staffing?</h3>
The difference between the two mentioned concepts lies in the fact that HR planning is a long-term plan that is aimed at trying to understand how the staffing needs of the company can be improved for better success.
Unlike HR planning, a staffing plan is aimed at identifying the immediate employment needs of the company and filling them up. In businesses, HR planning is very vital to building sustainability. Staffing is also important but it only considers the interim.
So, the difference between these two concepts can be pinned down to the time factor. While one satisfies a need immediately, the other looks at the future and makes reasonable plans that ensure sustainability.
Learn more about HR planning here:
brainly.com/question/13761208
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Answer:
<u>True</u>
Explanation:
The proportionality principle encourages for <em>balance or fairness. </em>Therefore, in its policy creation, the security levels, costs, practices, and procedures of a company <u>should be appropriate and proportionate to the degree of reliance on the system and the value of the data.</u>
For instance, you would not expect the security level of a company concerning its customers contact information to be the same with the company's operating address, because the latter is less sensitive.