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uysha [10]
2 years ago
12

The number and characteristics of sellers and buyers are known as _____.

Business
1 answer:
loris [4]2 years ago
8 0

Answer:

The number and characteristics of sellers and buyers is called market structure.

Explanation:

hope it help

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Use the information below to calculate the number of orders per year when using the EOQ: Annual demand for an item is 43,000 uni
IRINA_888 [86]

Answer:

The closest answer is 49.

Explanation:

Given that,

Annual demand, D = 43,000 units

Ordering cost, O = $200

Per unit cost of the item = $50

Annual holding cost, H =  annual holding rate × Per unit cost of the item

                                      = 35% × $50

                                      = $17.5

EOQ=\sqrt{\frac{2\times D\times O}{H} }

EOQ=\sqrt{\frac{2\times 43,000\times 200}{17.5} }

              = 991.39

              = 992 units

Therefore,

Number of orders per year = Annual demand ÷ EOQ

                                             = 43,000 ÷ 992

                                             = 43.34

Hence, the closest answer is 49 and this is not given in the question.

5 0
3 years ago
Masterson Company's budgeted production calls for 68,000 units in April and 64,000 units in May of a key raw material that costs
Finger [1]

Answer:

The budgeted materials needed in units for April = 67000 litres

Explanation:

The budgeted  production for April = 68000 units

The budgeted  production for may = 64000 units

The cost of raw material per unit = $1.70 per unit

It is given that at the end of each month the inventory should be = 25%

The April 1 inventory = 17000 units

Now calculate the material required for April production:= [ Materials needed + ending inventory requirements - beginning inventory available ]= [ 68000 + (64000 × 25%) – 17000 ] = 67000 Litres

Therefore, the budgeted materials needed in units for April = 67000 litres

7 0
3 years ago
Jennifer couldn't believe her bad luck. The business planning cycle at Allworld Insurance was almost over. The only thing her bo
VashaNatasha [74]

Answer:

Allworld Insurance

1. Mission Statement

2. Tactical

3. Strategic

4. Operational

Explanation:

(A) Tactical plans include specific actions to enable the achievement of company-wide strategies.

(B) Mission statement describes the goal of an entity.  For example, a mission statement can describe an entity as renowned for its efficiency and cost reduction for its customers.

(C) Operational plans cover daily and routine activities at the individual level of the organization.

(D) Strategic plans embrace the whole organization and establishes how organizational goals will be achieved.

6 0
3 years ago
What is one difficulty a salesperson may face when closing a sale?
Anika [276]
The customer changing their mind or the customer not having enough money
4 0
2 years ago
Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $54,000. The annual cash inflows for t
hoa [83]

Answer:

This question does not include what you are required to do. I looked it up on the web and it is asking for the Internal rate of return (IRR)

Explanation:

Internal rate of return used in project evaluations is the rate at which the NPV of a project equals to zero.

You can solve for IRR using a financial calculator and the cashflow "CF " function.  Key in the following inputs;

Initial investment; CF0 = -54,000

Yr1 cashflow inflow ; C01 = 27,000

Yr2 cashflow inflow ; C02 = 25,000

Yr3 cashflow inflow ; C03 = 20,000

Then key in IRR then CPT = 16.792%

Therefore, the Internal rate of return(IRR) for this equipment  is 16.79%

7 0
3 years ago
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