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3 years ago

Which of the following statements is most consistent with efficient inventory management? The firm has a:

Business

1 answer:

aalyn [17]3 years ago

4 0

Answer:

The correct answer is letter "A": low incidence of production schedule disruptions.

Explanation:

Efficient inventory management is the approach selected to handle the firm's cash flow efficiently. The approach implies reducing wasting time, diminishing the time the items are stored in the warehouse, and predicting future demand whenever possible. It also involves having little to no disruption in the production schedule.

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In the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of:

dmitriy555 [2]

Answer: Option (c) is correct.

Explanation:

Correct option: Unplanned inventory investment.

Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.

Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.

Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.

5 0

3 years ago

Toyota motor corporation executives were widely criticized for their failure in practicing __________ when selected toyota brand

lyudmila [28]

This would be stakeholder responsibility, if I remember correctly

3 0

3 years ago

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont

Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

$P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}$

$P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}$

The probability of losing would be:

P(loss) = 1 - P(win)

$P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}$

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

$= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37$

Thus, we expect to lose $0.37 per lottery ticket

7 0

3 years ago

Suppose that individuals differ in their relevant attributes, such as their medical history, lifestyle, and overall risk of dise

Alexandra [31]

Answer:

The answer is "True".

Explanation:

In the given question, some information is missing, that is "Fill in the blank", which can be described as follows:

The healthcare insurance premium is focused on everybody's median health in the population, healthier people are likely to cancel their policies, leading to a Sicker patient pool and greater insurance prices.
This topic is regarded as an adverse selection of the health insurance market. Since health insurers company doesn't have full medical information they charge a premium of the patient, that's why the given statement is true.

3 0

3 years ago

The primary source of earnings of commercial banks is income derived from Group of answer choices the checking account services

anzhelika [568]

Answer: The checking account services provided to customers.

Explanation:

Commercial banks are banks owned by private individuals in a country, and are opened to help their customers to; save money, obtain loans and carryout other economic activities while the bank makes their money in the process. The commercial banks are not funded by the government and therefore get their earnings from transactions they have with their customers.

7 0

3 years ago