Answer:
Economic order quantity (EOQ)= 249 pounds
Explanation:
<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding cost
D= 3,100
S= $100
H= $10
Economic order quantity (EOQ)= √[(2*3,100*100) / 10]
Economic order quantity (EOQ)= 249 pounds
Answer:
The correct answer is D: accepting the risk of starting and running a business.
Explanation:
Entrepreneurship is the aptitude and enthusiasm to develop, organize and manage a business venture along with any of its risks to make a profit. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.
There are 8 P's to become a successful entrepreneur:
1- Pasion
2- Perception
3- Potential
4 - People
5 - Persistent Learning
6 - Permanent Change
7 - Perseverance
8 - Proactiveness
Answer:
The project return is lower than the minimum accepted of 15% thus not profitable for the company
Net Present Value -1.279,86
Explanation:
<u>Loan Present value</u>
PMT of the loan:
PV 65,000
time 4
rate 0.12
C $ 21,400.238
Present value at MARR:
C $21,400.24
time 4 years
rate 0.15
PV $61,097.2175
<u>Salvage value:</u>
Salvage $9,000
time 9 years
rate 0.15000
PV 2,558.36
<u>Cost savings present value:</u>
Cost savings per year: 25,000
less maintenance expenses (13,000)
net cash flow 12,000
C $ 12,000
time 9 years
rate 0.15
PV $57,259.0070
Net Present Value
PV cost savings + PV salvage - PV loan payment
57,259 + 2,558.36 - 61,097.22 = -1.279,86
<u>Explanation:</u>
First, remember that the difference between <em>normative and positive economic analysis</em> is that;
Normative analysis take a somewhat neutral view by stating how the world should be. While
The Positive analysis states the facts. That is, it describes the world as it is.
<u>
Thus, a </u><u>Normative analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
c. In some cities such as San Francisco and New York, it would be impossible for low−skilled workers to live comfortably in the city without minimum wage laws.
d. The gains to winners of a minimum wage law should be valued more highly than the losses to losers because the latter primarily comprises businesses.
<u>And a </u><u>Positive analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
a. The minimum wage law causes unemployment.
b. A minimum wage law benefits some groups and hurts others.
Answer:
Index Value= 39
Explanation:
Index Value=(37+115+85)/3=39