The production would be a my a point inside the curve. The curve shows the possibility of producing with all possible materials so inside the curve is representative of one or more of the resources not being used to its full capacity.
Answer:
A) economic order quantity ( order quantity model that will minimize the total holding cost and ordering costs ) =
=
= 122. 74 ≈ 122 ( optimal ordering quantity ) units
B) Annual holding cost = 23 * 122 / 2 = $1403
C ) Annual ordering costs = 1500/122 * 77 = $947
D ) The reorder point = daily demand * lead time = 50 * 3 = 150 units
Explanation:
Annual demand for connectors : 1500
ordering cost ( cost to place and process an order ) : $77
annual holding cost per unit : $23
A) economic order quantity ( order quantity model that will minimize the total holding cost and ordering costs ) =
=
= 122. 74 ≈ 122 ( optimal ordering quantity ) units
B) Annual holding cost = 23 * 122/2 = $1403
C ) Annual ordering costs = 1500 / 122 * 77 = $946.72 ≈ $947
D ) The reorder point = daily demand * lead time = 50 * 3 = 150 units
daily demand = 1500 / 300 = 50
lead time = 3
Answer:
It will be difficult for Mary to compare the crime rates in a U.S. city with her hometown of London, England:
b. There are differences in the way crime is measured.
Explanation:
- The option a is not correct as it is not true that England doesn't have any crime statistics that are available to civilians.
- The option b is correct as the ways of measuring crimes are different for different regions or places.
- The option c is not correct as there is no dictatorship in England.
- The option d is not correct as it is not true that only solved cases are included in England's crime rates.
Answer:
Retained earnings is the amount of net income left over for the business after it has paid out dividends to its shareholders. The decision to retain the earnings or distribute them among the shareholders is usually left to the company management.
Explanation:
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