Answer: standing plan
Explanation:
Standing plan is used over a long period of time and is altered as situations change. It also helps in bringing about harmony and consistency to the company.
The plan usually contains goals, policies, methods, dos and don'ts which are otherwise known as rules and strategies of a company.
This plan benefits the managers as it covers the problems they face frequently.
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
What is Additive Seasonal Variation?
The seasonal component is stated in absolute terms in the scale of the observed series using the additive approach, and the level equation adjusts the series for the season by deducting the seasonal component. The seasonal component will roughly equal zero within each year.
therefore,
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
to learn more about Additive Seasonal Variation from the given link:
brainly.com/question/11770138
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A revenue bond is a special type of municipal bond distinguished
Answer:
a. 4
b. 91.25 Days
Explanation:
a. Inventory Turnover = Cost of goods sold/ Average Inventory
= $347,480 / 86,870
= 4
b. Number of days sales in Inventory = Inventory/ COGS*365
= 86,870 / $347,480 * 365
= 91.25 Days
Price will increase and quantity will decrease in ANY recession.
