Answer:
I thinks it's gross national income
Explanation:
I am guessing
Answer:
a. 208.57 units
b. 104.29 units
Explanation:
a. The computation of the economic order quantity is shown below:
= 208.57 units
b. And, the average inventory is
= Economic order quantity ÷ 2
= 208.57 units ÷ 2
= 104.29 units
We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above
Answer:
Sales promotion
Explanation:
Sales promotion is a marketing strategy of stimulating the demand for a product by offering attractive incentives to customers or retailers. Sales promotion aims at increasing the sales volumes of a product. It involves the use of persuasive tactics to convince the customer to buy. The effects of a sales promotion are usually short-term but may lead to the acquisition of long term customers. Some of the sales promotions commonly used include
- Issuing discount coupons.
- Free gifts
- Discount vouchers
- Loyalty cards
Explanation:
On April 27, a blast of light from a dying star in a distant galaxy became the focus of astronomers around the world. The explosion, known as a gamma-ray burst and designated GRB 130427A, tops the charts as one of the brightest ever seen.
Answer:
The answer is:
A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to 4.8 times, suggesting improvement in efficiency.
Explanation:
We have the current Inventory turnover = COGS / Inventory = 41,700/10,000 = 4.17 times
=> An 15% increase in the Inventory turnover will bring the Inventory turnover ratio to: 4.17 x 1.15 = 4.8 times;
Increasing in inventory turnover may be the result of higher sales ( thus higher COGS) or low level of inventory holding - thus limiting the resources spending on idle inventory. So, higher level of inventory turnover in someways suggesting improvement in efficiency.
