Answer:
5,500 units
Explanation:
Use the economic order quantity (EOQ) formula to calculate the estimated annual demand
EOQ = 
Where
EOQ = 100 units
S = Oerdering cost = $30
H = Carrying cost per unit = $15
D = Annua Demand = ?
Placing values in the formula
100 units = 
Taking Square on both sides
= 
10,000 = 
10,000 = 
10,000 = 4D
D = 10,000 / 4
D = 2,500 units
Now calculate the estimated annual demand
Estimated annual demand = Annual Demand + Expected Increase in next month = 2,500 units + 3,000 units = 5,500 units
Answer:
Price level may increase or decrease and output decreases.
Explanation:
The price level is determinated bu the money supply and demand. A single price, in this case oil, cannot determinate prices or we end up in a loop.
So this is insufficient information to determinate the price level.
While the income decrease at a worldwide level will make the output of the economy even lower.
Answer:
B) determines the target federal funds rate and the direction of open market operation policies.
Explanation:
The Federal Open Market Committee (FOMC) is made up of 12 members:
- the seven members of the Board of Governors of the FED
- president of the Federal Reserve Bank of New York
- four of the remaining eleven federal reserve bank presidents
Its main roles are to:
- set monetary policy
- set target federal funds rate
- implement the open market operation policies
Answer:
(a) The Labor productivity per dollar = 0.0095 rugs/dollar.
(b) The Multifactor productivity = 0.0078 rugs/dollar.
Explanation:
Given information:
Number of rugs = 85
Labors: 525 hours at $17 per hour.
Total cost of labors = 525 × 17 = $8925
Solvent: 120 gallons at $8 per hour.
Total cost of solvent = 120 × 8 = $960
Machine Rental: 20 days at $50 per hour.
Total rent = 20 × 50 = $1000
Total cost = Total cost of labors + Total cost of solvent + Total rent
Total cost = $8925 +$960 +$1000 =$10885
(a)
We need to find Labor productivity per dollar.
Therefore the Labor productivity per dollar = 0.0095 rugs/dollar.
(b)
We need to find the Multifactor productivity.
Therefore the Multifactor productivity = 0.0078 rugs/dollar.
Answer:
a.been earned and not recorded as revenue
Explanation:
- An accrued revenue is one that has been earned by giving a good or service and for which no revenue has been received and is recorded as receivables and balances and reflects the amount of the money that customers owe.
