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Nezavi [6.7K]
3 years ago
14

Think about the different ways entrepreneurs can start their businesses. Which of the following can an entrepreneur expect when

buying an existing business?
a. The entrepreneur will have the benefit of learning the business’s past successes and failures.
b. The entrepreneur is less likely to make mistakes that will cause the business to lose money.
c. The business will have working relationships with vendors and suppliers.
d. The entrepreneur will not benefit from business and financial projections made by the prior owner.
Business
1 answer:
ASHA 777 [7]3 years ago
8 0

Answer:

A

C

Explanation:

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Daily demand for a certain product is normally distributed with a mean of 138 and a standard deviation of 13. The supplier is re
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Answer:

A. Continuous review system

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a. In order To manage inventory, the company is using what is called Continuous review system

b. Calculation to find the order quality

Using this formula

Order quantity = √((2DS)/H)

Let plug in the morning

Order quantity=√ ((2 x 49,404 x 17)/0.40)

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First step is to find the σL

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Using this formula to find the σL

σL = (Lσ^2)

Let plug in the formula

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σL= 34.39

Second step is to find the Reorder point using this formula

R = d bar(L) + zσL

Let plug in the formula

Reorder point = (138)(7) + 0.613(34.39)

Reorder point = 966+21

Reorder point=987

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