When you engage in this action as a project manager, this is known as <u>reforecasting</u>.
<h3>What is reforecasting?</h3>
- It refers to changing the amounts ascribed to budgetary items.
- It is usually done due to a change in projected spending or income.
The vendor in question is costing more than anticipated which means that there is an increase in spending. By shifting funds and recalibrating the budget, you are reforecasting.
In conclusion, option D is correct.
Find out more on budgeting at brainly.com/question/6663636.
Answer:
$12,245
Explanation:
January:
Total value = Units left in inventory × cost per unit
= (28 - 19) × $210
= $1,890
February:
Total value = Units left in inventory × cost per unit
= (38 - 18) × $215
= $4,300
May:
Total value = Units left in inventory × cost per unit
= (33 - 22) × $220
= $2,420
September:
Total value = Units left in inventory × cost per unit
= (30 - 21) × $225
= $2,025
November:
Total value = Units left in inventory × cost per unit
= (35 - 28) × $230
= $1,610
Cost of the ending inventory:
= $1,890 + $4,300 + $2,420 + $2,025 + $1,610
= $12,245
Answer:
Rent of the building will remain the same
Explanation:
The fixed costs will not change because fixed cost remains fixed for any level of activity whereas the variable cost changes with the increase in level of activity. As the activity level will change with additional hours work which will increase the variable costs only. So all variable costs will increase whereas fixed will remain fixed. The all the other options were variable costs except rent which is fixed cost. So rent will no change because of additional hours worked.
Answer:
The correct answer is the option D: share information to find a mutual solution.
Explanation:
To begin with, the concept known as "Supplier Satisfaction" has long been a dead term for many companies in all the industries, however very recently the acquisition of this method has been implemeted in order to increase the benefits that it brings to understand better the relationship with the costumer. Moreover, the model itself seeks for the proper creation of a high quality relationship established in communication between the costumer and the supplier who is able to make a confortable sale and create and environment suitable for the buyer. That is why that the correct action will be to share information in order to find a mutual solution in the case where the situation is in that desirable region of the matrix.
Answer:
In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.
Explanation:
