Answer:
The correct answer is c) Increasing government spending in order to increase aggregate demand
Explanation:
Fiscal policy is based on the ideas of the economist Jhon Keynes, who says that governments could stabilize the business cycle and regulate economic output by adjusting spending and tax policies.
There are two common types of Fiscal policy: "Expansionary policies and Contractionary policies".
For this problem is necessary an Expansionary policy
<u>Spending</u>: The government may generate economic expansion through increases in spending. The government could increase employment, pushing up demand and growth.
<u>Taxes</u>: When people pay lower taxes, they have more money to spend or invest, which traduce into a higher demand
Marcus is an operations manager, meaning he works to design and control production and operations involved in making and delivering a product.
Answer:
The optimal size of production run is 4656
Explanation:
Annual Demand (D) = 12,200
Daily demand (d) = Annual Demand / Number of days
Daily demand (d) = 12,200 / 300
Daily demand (d) = 40.67
Production rate per day (p) — 95
Setup cost (S) = 51
Annual holding cost (H) = 0.1
Part a)
Optimal Order Quantity (Q) = 3527.6 × 1.32
Optimal Order Quantity (Q)= 4,656.43
Optimal Order Quantity (Q)= 4,656
Therefore the optimal size of production run is 4656
