Answer:
A speculative risk is uncertain degree of gain or loss. Every speculative risk are made as conscious choices and are not just a result of uncontrollable circumstances.
Explanation:
It's basically a conscious choice you made!
Answer:
Option (A) is correct.
Explanation:
Given that,
Mean daily demand, M = 20 calculators per day
Standard deviation, SD = 4 calculators per day
Lead time for this calculator, L = 9 days
z-critical value (for 95% in-stock probability) = 1.65 (From z tables)
Normal consumption during lead-time:
= Mean daily demand × Lead time
= 20 × 9
= 180 units of calculator
Safety Stock = z value × SD × L^(0.5)
= 1.65 × 4 × (9)^(0.5)
= 1.65 × 4 × 3
= 19.8 units
Reorder Point = Normal consumption during lead-time + Safety Stock
= 180 units + 19.8 units
= 199.8 or 200 units (Approx)
Answer:
The correct answer is letter "A": geographic characteristics.
Explanation:
Market segmentation refers to the classification companies make of their consumers based on different features such as age, gender, or income for instance so that firms can decide in which of those sectors they are likely to have more success based on the know-how and resources it counts on. As well, companies consider the sector that provides more opportunities so the likelihood of generating more revenue increases.
Therefore, <em>Universal Concerts must focus on geographic characteristics at the moment of choosing what type of concerts they will handle if there is a need to set one type of them only.</em>
Answer:
Cultural formula
Explanation:
Cultural formula can be described as a situation there is tend to a consistent occurrence of certain roles and props in a series of media events.
Cultural formula can be employed in a novel through the use of certain roles for characters and props that go along with the genre.
Therefore, Chandler's novels followed a cultural formula.
