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xenn [34]
3 years ago
12

Which of the following would occur if a firm chose not to hold inventory for a given product?

Business
1 answer:
GrogVix [38]3 years ago
8 0

Answer:

C. Order placement costs would increase

Explanation:

Order placement costs are those incurred when ordering a product: for example, the wages of the employees who place the orders, the shipping costs, the cost of tariffs and duties in case the products are imported from abroad, and any other specific costs associated with the process of getting the product from the source to the firm.

If a company chooses not to hold inventory, order placement costs will increase in the moment that they get an order for the good which is not in stock, simply because the good will have to be ordered.

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Just in time inventory involves the following main component:
matrenka [14]

Answer:

"E "

Explanation:

Just in time inventory is an inventory management system where inventory required for production are ordered at the point of production.

This practice helps to maximize profit as investment on inventory carriage and storage are minimized , aiding an improved working capital management.

It is of importance that machine break down is avoided and there is a reliability of man power in order to avoid operation down time when there is a demand.

Also , there must be a solid arrangement with supplier for it to be effective.

6 0
3 years ago
A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively. Th
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Answer:

(B) $2,100

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Read 2 more answers
Economists say that making choices involves comparing​
dimulka [17.4K]

Answer:

Marginal benefits and marginal costs.

Explanation:

5 0
3 years ago
Suppose the revenue from producing​ (and selling) x units of a product is given by Upper R (x )equals 10 x minus . 04 x squared
Volgvan

Answer:

marginal revenue is -6

and production levels 200, 50  

Explanation:

given data

R(x) = 10 x - 0.04 x²  

solution

we have given

R(x) = 10 x - 0.04 x²  

so here R'(x)  is

R'(x) = 10(1) - 0.4 (2x)  

R'(x) = 10 - 0.8 x ....................1

so here at x is 20 marginal revenue will be

R'(20) = 10 - 0.8(20)

R'(20) =  10 - 16

R'(20) = - 6

and

when revenue  is ​$400

R(x) = 400

400 = 10 x - 0.04 x²  

x= 200, 50

7 0
3 years ago
Shannon signs a contract with tevin, an unlicensed contractor, to build a deck and gazebo at the rear of her house. this contrac
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The answer is noone.

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