Answer:
Order quantity = 478units
Reorder point = 420 per week
Explanation:
Given
Item cost =$8
Standard deviation of weekly demand = 20 per week
Order cost(C) = $207
Lead time = 3 weeks
Annual holding cost (H) = 24% of item cost
Service probability = 99%
Annual demand(D) = 27,400
Average demand = 548 per week
Order quantity = sqrt[(2 × D × C) ÷ H]
Order quantity = sqrt[(2 × 27400 × 207) ÷ (0.24 × 207)]
sqrt[ 11343600 ÷ 49.68]
= 477.84
Order quantity = 478 units
Reorder Point = Lead time × daily usage
21 × 20 = 420
In this case: <u>c. if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.</u>
<u>Explanation</u>:
Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. Shawn did not complete the house according to the specification of the Harry. So Harry refused to pay the contract amount.
<u>Under doctrine of specific performance</u>, the defendant, who has performed substantially, saving some part of contract which is not central to the contract unintentionally, he /she is entitled to receive the contract price as agreed less the money needed to correct the mistakes made by him.
So in this case, Harry can pay less money than the contract price.
Answer:
Sociotechnical theory
Explanation:
Sociotechnical theory -
It refers to the combination of the technical and social aspects together in a workstation , is referred to as sociotechnical theory .
The method is used for the smooth functioning of an organisation or business .
Hence , from the given information of the question ,
The correct answer is sociotechnical theory .
<span>Endowment income is a critical part of the annual
budget of a university and colleges. Based on the given data, the estimated
value of the dollar would be $44.20; this will be the amount of the decline in
the total endowments held by these 10 university. With this, school administrators will be
expected to consider increased in tuition fee and fund raising efforts and implement cost reductions policy.</span>
Previous endowment x 0.77 = Current endowment
<span>Previous endowment = current endowment / 0.77 = $147.9 / 0.77 = $192.10</span>
<span>Reduction = $ 192.10 - $147.90 = $44.20</span>