Answer:
a. 295 boxes
b. 100 boxes
Explanation:
The level at which ordering and storage costs are at minimal is known as the optimal order quantity.
optimal order quantity = √(2×Annual Demand×Ordering Cost per Order) / Holding Cost per unit
Therefore,
optimal order quantity = √((2×250×52×$22) / ($22 × 30%))
= 294.39 or 295 boxes
Reorder point is the point at which the order should be placed to obtain additional inventories.
Reorder Point = Lead Time × Usage during the lead time
Therefore,
Reorder Point = 2 days × (250 boxes ÷ 5 days)
= 100 boxes
Answer: When a firm is in a constant-cost industry, a decrease in demand will result in economic <u>losses.</u> This will cause <u>exit from</u> the industry, resulting in <u>a decrease</u> in supply over time. This long-run adjustment eventually cause the price level to <u>decrease</u> so that it eventually <u>occur at a higher level than</u> before the demand shift. There will be firms <u>fewer</u> in the industry. The long-run industry supply curve will be <u>downward shifting.</u>
Answer:
The millions of workers leaving the job market for the reasons given are:
- B) not counted as unemployed in the BLS data because they are no longer actively looking for work.
Even if they don't find a job right away, people entering the job market after graduating from high school or college will
- A) be counted as part of the labor force by the BLS if they are actively looking for work.
Explanation:
The unemployment rate includes everyone that doesn't have a job but has actively looked for one during the last 4 weeks (generally a month because the unemployment rate is given on a monthly basis), and are currently available and willing to work.
Reserves equal deposits with the Fed plus vault cash
Option D
<u>Explanation:
</u>
"Vault currency" simply is the cash a bank holds in buildings (most of which are normally kept in its caves) to satisfy everyday cash needs.
Foreign governments, the Bank, and perhaps most commercial banks in the USA are the primary providers of Federal Reservation Deposits. Federal Reserve Deposits may not be held by private citizens and businesses.
All FRD and FRN notices are reported as FRD liabilities. FRD liabilities, What the Fed have traded for (gold and mostly t-billion) these investments and notes are reported as the Fed's reserves.
The Hofstede’s cultural dimension that would explain this difference is the uncertainty orientation. The uncertainty theory is used to explain how different people do different things because of their cultural and values that differentiate. Since this example shows how different people from various cultures would react to a situation, it is describing the uncertainty orientation. There are many factors that will shape a persons decision on a situation.