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almond37 [142]
3 years ago
9

Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion

of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.
Business
1 answer:
Alex17521 [72]3 years ago
6 0

Answer:

It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company

Explanation:

Pareto's law is a law that describes the points or direction to concentrate the firm's activities and resources on to achieve optimum productivity.

It usually follows the principle that 80% of returns come from 20% of the customers or clients.

Hence, in this case, the correct answer is Pareto's law is defined to be "the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company."

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Hyun's Handicrafts is a company that provides custom linens for both businesses and individual consumers. Hyun does not make any
Tom [10]

Answer:

Pull Strategy

Explanation:

The Pull Strategy is a marketing strategy which consists in having the customer seek the product by himself or herself.

The goal is to create consumer demand before kickstarting production.

In this case, we have a perfect example of a pull strategy, because Hyun will not start production unless it has proof of demand from a customer, the proof being a order.

8 0
3 years ago
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y
Andrews [41]

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,  

Present value = $300,000 - $30000 = $270,000

Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

NPER = 30 years × 12 months = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $1,282.80

5 0
3 years ago
Consider the following simple economy that produces only three​ goods: 2009​ (Base Year) 2017 Product Quantity Price Quantity Pr
Oxana [17]

Answer:

The answer is $6680

Explanation:

To calculate the Real GDP we use prices from the base year.

GDP =  100x40 + 80x11 + 20x90 = $6680

8 0
3 years ago
Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the
wariber [46]
5.5 percent loan for 60 months
4 0
3 years ago
Fred and Lucy are married, ages 33 and 32, and together have AGI of $120,000 in 2019. They have four dependents and file a joint
algol13

Answer:

$3,800

Explanation:

According to the scenario, computation of the given data are as follow:-

Particular                                                              Amount ($)

Bills of doctor and dentist and hospital expenses 9,200

Less-received an insurance reimbursement 4,400

Add-prescribed medicines and drugs 3,000

Add-high deductible health insurance policy 5,000

Total expenses                                  12,800

Less- AGI’s 7.5%   ($120,000 × 7.5% ) $9,000

After Deduction medical expenses for 2019 $3,800

Contribution of $2,600 to a qualification health savings account is a deduction for AGI. So it is not calculated in deduction.  

According to the analysis, option (C) $3,800 is correct.

3 0
3 years ago
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