Answer:
Lease
Explanation:
A lease is a contractual agreement between a lessee and a lessor, where the lessee promises to pay the lessor for the usage of his assets. Here, the assets usually leased are properties, industrial or business equipments, buildings and vehicles and are used for a specified period of time in exchange for payments.
The lessee is the one making use of the assets, while the lessor is the one receiving value for the assets leased. Unlike a rent which payment is made regularly upon its expiration usually monthly, a lease is usually for a specified period of time.
Answer:
difference threshold
Explanation:
Difference threshold is use by businesses or effectively reduce cost without affecting their profit margin .
It is the minimum amount of change that is required to make consumers of a product to notice the change 50% of the time.
In the given scenario the snack manufacturer discovers that they must increase the salt content of chips by 14 milligrams before about 50 percent of their consumers notice the change.
Answer:
$36,906
Explanation:
The file attached shows a table that explains very well the solution to the problem.
Answer:
The Federal Reserve pursued policies that most closely followed the theories of Keynes and Friedman. Both economists argued that aggregate demand could be influenced through policies. They believed that this could help the economy recover or grow. The Fed seemed to follow Keynes's theories by taking action to intervene. It also seemed to follow Friedman's thinking by focusing on increasing the money supply through monetary policy.
Answer:
Lead time needed is approximately 1 day
Explanation:
In this question, we are asked to calculate the maximum number of lead days needed by a manufacturer to give a supplier
We proceed as follows;
They want to be able to fully supply the customer at least 50 out of the 52 weeks.
Mathematically; service probability = 50/52 = 0.96 or 96%
At 96% service level value of Z = 1.75
Standard deviation of daily demand (σd) = 50 units
Safety stock = 100 units
Suppose lead time = L
Safety stock = Z × σ d × √L
100 = 1.75 × 50 × √L
=100 = 87.5 × √L
√L = 100/87.5
√L = 1.142857142
L = 1.142857142^2
L = 1.306122448
