Answer and Explanation:
The fixed quantity inventory system, the quantity of an order or the lot size is fixed in nature i.e. the similar amount means the quantity is ordered each and every time. It could be managed by continonusly watching the level of inventory. Example - economic order quantity
On the other hand, the fixed period inventory system is a system in which the inventory is to be checked at fixed inventory. It is same as the periodic reveiw system instead of the continuous basis. Example - drugstore
Answer: a. less than the socially optimal price, greater than the socially optimal quantity
Explanation:
The steel mill is producing steel and selling at a rate that does not account for the pollution that it is causing. Because of this, it is selling at a lower equilibrium price than what it would had the Pollution been accounted for.
The Steel Mill is also selling quantity that is greater than what would be considered socially optimal because the socially optimal level would account for the pollution and adjust in such a way that the Pollution is minimized
Answer:
$300 million
Explanation:
Data provided in the question
Number of shares outstanding = 20 million
Value per share = $15
So, by considering the above information, the new market cap of the company X is
= Number of shares outstanding × Value per share
= 20 million × $15 per share
= $300 million
To determine the new market cap, we simply multiplied the number of outstanding shares with the per share so that the exact value could come
hospital indemnity
A supplemental insurance policy called hospital indemnity coverage is created to cover expenses associated with hospital admittance that might not be reimbursed by other insurance. Workers who are admitted to a clinic or intensive care unit for a covered illness or injury are covered by the plan. Additionally, it is accessible to businesses with as little as two employees.
Since the majority of Americans don't have enough resources to pay for unforeseen medical costs, hospital indemnity coverage can be very useful.1 The plan provides cash directly to workers even if they don't have any out-of-pocket costs. The funds can be used for anything, including: medical copays, deductibles, and ongoing costs like rent, food, and utilities.
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Answer:
<u>Since expected payoff for large job shop option is highest, firm should make large job shop option as capacity choice</u>
Explanation:
Expected payoff of any capacity alternative
= Probability of moderate acceptance x Payoff of moderate acceptance + Probability of strong acceptance x Payoff of strong acceptance
= 0.40 x Payoff of moderate acceptance + 0.60 x Pay off of strong acceptance
Thus Pay off for small job shop option
= 0.40 x 24000 + 0.6 x 54000
= 9600 + 32400
= $42,000
Pay off for medium job shop option
= 0.40 x 20000 + 0.60 x 64000
= 8000 + 38400
= $ 46,400
Pay off for large job shop option
= - 0.40 x 2000 + 0.60 x 96000
= - 800 + 57600
= $56,800