Answer:
A. Continuous review system
B. Order quantity = 2,049 Books
C. Reorder point=987
Explanation:
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)
Order quantity = 2,049 Books
(138*358=49,404)
C. Calculation for reorder point
First step is to find the σL
73 % S.L. - z = 0.613
Using this formula to find the σL
σL = (Lσ^2)
Let plug in the formula
σL=√(7(13)^2)
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
A monopolist can produce at a constant average (and marginal<span>) </span>cost of<span> AC = MC = $5</span>
Answer:
A, B, and D are the answers
Explanation:
<span>The answer is ’are business
units or products that have the greatest market share and produce the most cash’.
Monopolies and first-to-market products are commonly termed stars. On the other
hand, because of their high growth rate, stars also use large amounts of cash.
This commonly results in the same amount of money coming in that is going out. </span>