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VMariaS [17]
3 years ago
14

ice Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 days, pl

acing an order with their supplier depending on the inventory level in the closet. Once the order is placed, it takes 3 days to receive the order. The average demand for file folders is 70 per day. This week, the operator has counted 240 file folders in the closet. What is the Minimum Restocking Level (restocking policy) needed to cover expected demand over time without stocking out?
Business
1 answer:
gladu [14]3 years ago
4 0

Answer:

910 days

Explanation:

Calculation to determine the Minimum Restocking Level needed to cover expected demand over time without stocking out

Using this formula

Minimum Restocking Level= (Average daily demand × Reorder period)+ (Average daily demand × Lead time)

Let plug in the formula

Minimum Restocking Level= (70 days × 10 days) + (70 days × 3 days)

Minimum Restocking Level=700 days + 210 days

Minimum Restocking Level= 910 days

Therefore the Minimum Restocking Level needed to cover expected demand over time without stocking out is 910 days

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When Glenn is thirsty, he always buys a Coke. Like many consumers, Glenn engages in considerable alternative evaluation when buy
Alecsey [184]

Answer:

False

Explanation:

Buying coke by Glenn is an habit because he does not have to think before doing it. He does not even try to consider alternatives which could be as a result of his total satisfaction from coke. Habitual decisions need little to no conscious effort (reasoning) to make.

Cheers.

3 0
3 years ago
Patricia is the owner of a floral shop. a successful global candle company approached her about selling its products in her shop
Tema [17]
What could mean above is that the events that is happening to Patricia's life is an opportunity. It is an opportunity for it enables a person to do the things he or she wants with the circumstances that has been given to him or her. It could be described in the scenario above as a global company approach her into selling her products to their shop in which it could make her reach the goal that she has always wanted.
5 0
3 years ago
Product, price, promotion, and place make up the __________.
vivado [14]

Answer:

d. Marketing Mix

Explanation:

<em>Target Market</em> is the group of people with specific problem and seeking a solution and ready to spend on it.

<em>Market Segment </em>is dividing a market into sub sets of consumers, businesses or countries who have common needs.

<em>Market Position </em>is organizing for a product by clear minds of target customer relative to competing products.

<em>Marketing Mix </em>is the combination of four P's: Product, Price, Promotion and Place.

8 0
3 years ago
Where a producer chooses the intensity level of its market coverage, which level is chosen to utilize the “shotgun” approach?
dsp73

Answer:

The level that utilizes the "shotgun" approach to market coverage is:

Intensive Distribution (mass coverage).

Explanation:

This marketing approach aims to reach many consumers through as many sales channels as possible.  In this situation, consumers have easy access to the goods or services.  The other approaches include Selective Distribution (where few outlets in specific locations are selected for the distribution of the goods and services) and Exclusive Distribution (where limited outlets are chosen because of the target market).

6 0
3 years ago
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Blizzard [7]

Answer:

2) House's path-goal model

Explanation:

Based on the information provided within the question it can be said that the he leadership styles of House's path-goal model. This model is based on choosing a style that most perfectly fits the employee and work environment in order to be able achieve the goal. This is done in order to improve employee satisfaction which would cause them to become more productive and efficient members within the organization.

7 0
3 years ago
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