Answer:
Following is the solution for the given problem.
Explanation:
Best order size, EOQ =√2DS/H
EOQ = √2*4700*60/5
EOQ = 336 units.
D = 4700/300 = 15.66.
σ L= √∑σ²
= √3*(5)² = 8.66.
Reorder point, R = D*L+ z σ L
Reorder point, R = 15.66*3 + 1.282*8.66
Reorder point, R = 58 units.
Answer:
A. promoting social justice
Explanation:
Discrimination in any manner is prohibited at all the public places, and work places are part of such places covered.
There cannot be any discrimination on the grounds of religion, color, gender, or by any other categorization.
In this manner, every individual is treated equally, irrespective of the background he or she belongs too.
This provides a social justice to every individual. In this manner the social status, personality is not hindered.
Answer:
The marginal benefit from selling the vane without restoring it is $200.
Explanation:
Marginal benefits are the extra income a company can get from selling one additional unit of production.
Zane had already spent $250 in purchasing the vane and the restoration process.
Zane has two options:
- Sell the vane as it is for $200.
- Keep restoring the vane, spend $200 more and sell the vane for $500.
If Zane decides to sell the vane as it is, his marginal benefit will be $200. That would not be enough to cover his costs, this transaction will result in a $50 loss.
If Zane decides to continue the restoration, then his marginal costs will be $200 extra, but his marginal benefit would be $500. If he chose this option he could end up earning a $50 profit.
Answer: Nontariff barriers
Explanation:
Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.
The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.