Answer:
$1,500
Explanation:
Data provided:
operation's Beginning Inventory = $15,000
Purchases = $21,500
Ending Inventory for the period = $14,000
Total Cost of Sales = $21,000
Now,
The amount of this operation's Employee Meals in the period
= Beginning Inventory + Purchases - Ending Inventory - Total Cost of Sales
= $15,000 + $21,500 - $14,000 - $21,000
= $1,500
Answer:
The company should order 100 units to minimize total inventory cost.
Explanation:
Given,
Annual Demand, D = 2,000 units
Order cost, S = $20
Purchase cost = $40
Holding cost, H = Purchase cost x percentage of holding cost
Holding cost = $40 × 20%
Holding cost = $8
We know, the company should order the highest number of products with a minimum cost, and for that, the company uses economic order quantity. Hence,
Economic Order Quantity (EOQ) =
EOQ =
EOQ =
EOQ = 100
Answer:
lifegaurd- the first one
college facutly member- second one
chamber of commerce officer- third one
firefighter- the last one
Choices that is part of this question:
A. a shortage of housekeepers
B. no change in the market for housekeepers
C. a surplus of housekeepers
D. an increase in the qty. of housekeepers supplied
E. unemployment of housekeepers
Equilibrium wage rate is the wage rate wherein the demand meets the supply. However, it does not automatically imply that it is the actual rate given to the housekeeper.
For me, an increase in the minimum wage rate will lead to a <span>D. an increase in the qty. of housekeepers supplied</span>
The answer is customer relationship management system.
This is a term that discusses about practices, approaches and technologies that
companies use to accomplish and examine customer relations and data during the
course of the customer lifecycle, with the objective of improving business
relationships with customers, assisting in customer retention and driving sales
growth. These systems are intended to accumulate information on customers across
different channels. CRM systems can likewise offer customer-facing staff detailed
information on customers' personal information, buying preferences purchase
history, and concerns.