Answer:
18 units
Explanation:
The computation of the economic order quantity is shown below:
=
=
= 18 units
At 18 units of order size, the total cost would minimize.
It is that level at which the total carrying cost and the total ordering cost is equal.
Total cost = Purchase cost + ordering cost + carrying cost
It is a combination of purchase cost, ordering cost and the carrying cost
Answer:
The monthly cost for 11 HCF would be $ 35.69.
Explanation:
Consider the linear function that represents the amount of water ( in dollars ) for x HCF of used water,
y = mx + c
Where, m is the slope of the function,
We have, m = 1.45,
So, the function would be,
y = 1.45x + c
If y = $ 44.39 and x = 17,
This implies,
44.39 = 1.45(17) + c
44.39 = 24.65 + c
44.39 - 24.65 = c
19.74 = c
Thus, the required equation that shows the amount of water for x HCF of water is,
y = 1.45x + 19.74
For x = 11 HCF,
The amount of water for 11 HCF of water,
y = 1.45(11) + 19.74
y = 15.95 + 19.74
y = 35.69
Hence, the monthly cost for 11 HCF would be $ 35.69.
The correct option is this: CHECKING SCENARIOS WITH VARIABLE DOWN PAYMENT.
A data table is a range of cells, which shows how changing one or two variables in one's formula can affect the value of that formula.
In excel, instead of creating several scenarios, one can create a data table with which one can quickly try out different values for formula.<span />
Answer:
515,000
Explanation:
The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.
In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.
Answer: Employers should offer employees enough opportunity to keep each of their drives in balance.
Explanation:
The Four-Drive Theory is a way of improving Employee motivation through more ways than just financial incentives. It is believed that all four factors are very integral in the motivation of employees and so managers would do well to implement them to get the best out of their employees.
The Four drives are, <em>Acquire and Achieve</em>, <em>Bond and Belong</em>, <em>Create and Challenge</em> and <em>Define and Defend</em>.
A key recommendation by the proponents of this theory is that Managers should not give their employees too little or too much opportunity to follow each drive but rather give them enough opportunity that they keep each drive balanced with the others.