1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
disa [49]
3 years ago
5

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $

50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. What is the number of production runs for this problem?
Business
1 answer:
VMariaS [17]3 years ago
3 0

Answer:

Number of production runs will be 184

Explanation:

We have given setup cost K = $50

Demand = 3650 units

Holding cost h = $12 per unit per year

Daily demand rate = 10

And daily production rate = 100

So x=\frac{10}{100}=0.1

We know that production order quantity is given as\

=\sqrt{\frac{2KD}{h}\times (1-x)}=\sqrt{\frac{2\times 50\times 3650}{12}\times (1-0.1)}=184

So the number of production runs will be 184

You might be interested in
Type the correct answer in the box. Spell all words correctly.
Shalnov [3]

The marketing method used in the situation described is advertising.

<h3>What is marketing?</h3>

Marketing is a business term that refers to the set of actions of a company intended to intentionally stimulate the demand and purchase of goods and services.

One of the most popular marketing actions is advertising, in which advertisements are created to create a need for the buyer to purchase that good or service. Sometimes advertising includes a specialization, that is, it focuses on a specific audience.

In the case described, the company is using advertising so that people believe they need to buy the ticket and participate in the experience offered by it. Additionally, people will be more interested in this package because it includes different activities from other cruises.

Learn more about marketing in: brainly.com/question/10789897

3 0
2 years ago
In a recent speech, the governor of your state announced: "one of the biggest causes of juvenile delinquency in this state is th
Pepsi [2]
<span>A flaw in the governor's reasoning is that a lot of people in that age bracket who are already juvenile delinquents aren't going to stop doing bad things just because they might get paid more at a job. Those people may just not want to have a job and would rather enjoy their youth causing trouble before they have to "settle" into a career.</span>
6 0
3 years ago
A firm will exit a competitive market when A. costs force the marginal cost curve to shift to the left. B. the longrun profit wo
kakasveta [241]

Answer:

B. the longrun profit would be negative.

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm would shut down in the short run if price is less than average variable cost and exit if it  is making a loss

4 0
3 years ago
If you stop and take the time to ask yourself if you are being realistic about
mariarad [96]

The correct answer is Overconfidence bias

Explanation:

Overconfidence bias is the result of an excessive and unrealistic estimation of one's skills, knowledge, ideas, etc even to the point the individual considers himself better than others or does not have an objective perception about himself. This type of bias can lead to negative consequences, for example, by overestimating his ability to pass a test a student might choose not to study at all and then fail the test. Moreover, this can be avoided by assessing realistically one's skills, judgments, etc. According to this, the type of bias that can be avoided is overconfidence bias.

6 0
3 years ago
The process through which a product or service takes root initially in simple applications at the bottom of a market and then mo
Kryger [21]

Answer: Disruptive innovation

Explanation: Disruptive innovation is an application of nicer finding that relay new conditions and demand at operation at current time that establishes a new demand and graphical diagram of civil and specialized aids inside and between companies and how they are effectively and practically used. Ultimately, it interrupts an existing demand and value network, taking over conventional demand-dominating companies, commodities, and unions.

6 0
3 years ago
Other questions:
  • Cycle Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen
    15·1 answer
  • During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te
    11·1 answer
  • SMITH FAMILY'S 2018 TAX SCENARIOJoseph L. Smith (age 45, Social Security number 145-26-9210) and Rita M. Smith (age 43, Social S
    10·1 answer
  • The consumer price index is the:
    11·2 answers
  • Suppose that Tony Hsieh noticed that Zappos’s customers were no longer willing tov pay full retail prices on shoes. What actions
    12·1 answer
  • Lako Systems is looking to increase performance of employees in decision-oriented and knowledge-intensive jobs within the firm.
    10·2 answers
  • Oiiiiiiiiiii whats up guys
    10·1 answer
  • Discord? anyone? 0_0'
    7·2 answers
  • On December 10, 2020, Jennings, Inc. paid out total dividends of $350,000 (this was the only dividend payment made during the ye
    8·1 answer
  • Bryant leased equipment that had a retail cash selling price of $750,000 and a useful life of six years with no residual value.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!