The mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
<h3>What is the Economic Order Quantity model?</h3>
The Economic Order Quantity model (EOQ) shows the ideal order quantity a company should purchase or produce to <u>minimize</u> inventory costs (holding costs, shortage costs, and ordering costs).
EOQ assumes constant demand, ordering, and holding costs over time.
The model is computed as EOQ = square root of: [2(setup costs)(demand rate)] / holding costs.
Thus, the mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
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The gratitude quest is a model aimed at engaging stakeholders in self-determined change. According to his Gervase Bushe, Professor of Leadership and Organizational Development at Beedie School
Appreciative Inquiry (AI) is about understanding what's working, analyzing why it's working, and then doing it. A change management approach that focuses on A fundamental premise of AI is that organizations grow in the direction that people in them pay attention to.
Appreciative Inquiry discovers untapped positive potential in organizations. For example, a model may focus on the functions, benefits, spirit, and value of a system. Discovering Possibilities harnesses the energy needed to enable change based on breakthroughs, discoveries and innovations.
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Answer:
The correct answer is the option A: causes demand for LGBP Clothing to be less elastic.
Explanation:
To begin with, due to the fact that the content shown in the advertisement tends to be pretty good due to the people having fun with the company's clothes then the customers will picture themself in that same situation wearing the clothes of the firm, therefore that they will tend to buy more products of the company and by doing that the price elasticity of demand will decrease due to the fact that now the goods will be more needed by the people due to the advertisiment.
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