<span>Yes,Supply chain management will be helpfull to automotive aftermarket business in this scenario.Supply chain management is designed to coordinate and integrate all the activities from raw materials to product consumption.Supply chain management is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage</span>
Answer:
taking an inventory of the special equipment, facilities, and systems needed for production.
Explanation:
Answer:
The demand for Post Raisin Brand cereal is: ELASTIC
the demand for all types of breakfast cereals is: INELASTIC
Explanation:
To calculate the price elasticity of demand (PED) we can use the following formula:
PED = % change in quantity / % change in price
- If PED > 1, the demand is price elastic
- If PED = 1, the demand is price unitary
- If PED < 1, the demand is price inelastic
*The PED always results in a negative number, e.g. price deceases, quantity increases, but for practical reasons we convert the negative number into a positive (we use absolute values) when we are determining the elasticity.
Answer:
The correct option here is C) units in the beginning work in progress period which were completed , units which were started and completed, and units in ending work in progress.
Explanation:
FIFO ( First in first out ) method is used to take out the cost per unit when doing process costing, in this method it is assumed that the inventory which were not finished during the beginning of period would be first completed and then new shall be started.
To take out the equivalent cost per unit under the FIFO method we will add the units which were completed in the beginning plus units which were started and completed during the period and plus the units which are left in ending work in progress.
Answer:
Place Marketing
Explanation:
Based on the scenario being described it can be said that the marketing strategy that is being illustrated is known as Place Marketing. This is a business strategy that focuses on mainly attracting different investors, visitors (tourists) or talent to the company/business. This is term brings in potential customers that increase revenue for the businsess.
