A larger vehicle has higher kinetic energy so it needs a longer time to release this energy because it has more so therefore increasing its stopping distance
Answer:
The team has completed 'developing alternatives' step in decision making process
Explanation:
Decision making is a very crucial activity carried out by a manager. Various strategies are adopted in the decision making process so as to to come arrive at an appropriate decision.
One of the stages in decision making process is 'developing alternatives' as a prospective course of action. Out of these alternatives, the best one is chosen based on various analysis.
Here, after brainstorming session, the team came up with three ideas to avoid future crashes. These three ideas represent alternatives. Out of these three ideas, the best idea or alternative would be selected.
So, team has completed 'developing alternative' stage in decision making process.
Answer: The correct answer is "d. Statements II and III only.".
Explanation: Assuming that the firm is a profit maximizer in a perfectly competitive situation, the firm will:
- II. Decrease the average wage.
- III. Reduce the number of worker-hours it hires.
Answer and Explanation:
The computation is shown below;
1. Reorder point is
= Daily demand × lead ime
= 20 × 3 days
= 60 pounds
2. The length of the order cycle is
= Order quantity ÷ demand rate
= 80 ÷ 20 pounds
= 4 days
3. The average inventory level is
= Order quantity ÷ 2
= 80 ÷ 2
= 40 pounds
4. The total daily cost is
the cost of the pepperoni = daily demand × cost per pound
= 20 × 3 pound
= 60
Daily ordering cost is
= daily demand ÷ ordering quantity × ordering cost
= 20 ÷ 80 × $10
= $2.50
And, the daily holding cost is
= ordering cost ÷ 2 × holding cost
= 80 ÷ 2 × 0.04
= $1.60
Now the total daily cost is
= $60 + $2.50 + $1.60
= $64.10
5. The economic order quantity is
= (√2 × annual demand × ordering cost ÷ carrying cost)
= √2 × 20 × 10 ÷ 0.04
= √10,000
= 100