The view regarding this inventory policy by GANT is that there'll be a reduction in the revenue of the company.
<h3>How to illustrate the information?</h3>
It should be noted that inventory policies are used to determine the best way that a product can flow through a supply chain.
Here, are are informed that GANT supplies clothes to Pyramid and since Pyramid employs very few staff in a move to cut down costs of operations, it'll lead to the reduction in revenue
The assumptions that will guide in determining the adequate level of inventory include the demand and level of stocks.
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Political parties create platforms in order for them to create methods to resolve various issues in society. These platforms are very useful for voters as it gives them an idea on how it will help them further in various aspects - ranging from resolving violence to the point of equaling their rights.
Answer:
D. Minimize quality costs throughout the organization
Explanation:
- A quality strategy is part of the organization's strategy to maintain quality standards and to maintain productivity at a higher significance level.
- For the same various companies have a TQM total quality management systems in place that checks the quality must be maintained as a standard, the company must be aware and must show the participation in its implementation, must be of least cost and rewarding in nature.
- Thus to build or forester an organization's culture of quality and to engage all employees in building these principles through a well-maintained standard of the organization.
Answer:
Economist A
Government spending multiplier $4billion
Tax multiplier $8billion
Economist B
Government spending multiplier $8billion
Tax multiplier $2billion
Explanation:
Computation for the amount the government would have to increase spending to close the output gap according to each economist's belief
ECONOMIST A
Government spending multiplier=16/4
Government spending multiplier=$4billion
Tax multiplier=16/2
Tax multiplier=$8billion
ECONOMIST B
Government spending multiplier=16/2
Government spending multiplier=$8billion
Tax multiplier=16/8
Tax multiplier=$2billion
Therefore the amount the government would have to increase spending to close the output gap according to each economist's belief are :
ECONOMIST A
Government spending multiplier=$4billion
Tax multiplier=$8billion
ECONOMIST B
Government spending multiplier=$8billion
Tax multiplier=$2billion