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Step2247 [10]
3 years ago
12

The rising popularity of bubble and squeak as a breakfast item on the menu has resulted in a steady demand for peas. Over the co

urse of the past week, 457 patrons have ordered the hearty breakfast and each serving contains a half cup of English peas. It costs two cents to hold a half cup of peas in inventory for a year and $3 to place an order (remember they come all the way from England!). It takes two weeks to ship a container from England loaded with peas. What is the average inventory if they order at the optimal order quantity?
Business
1 answer:
Paha777 [63]3 years ago
6 0

Answer:

The average inventory if they order at the optimal order quantity is 1.335

Explanation:

Accordin to the formula

Optimal order quantity = \sqrt{2*yearly demand * Order cost/Holding cost}

=\sqrt{2*52*457*3 / 0.02}

= 2670

Average inventory = Optimal order quantity / 2 = 1335.

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Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated product
LenaWriter [7]

Answer:

B) False

Explanation:

The correct phrase should be:

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.

An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.

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3 years ago
An office building is which type of resource?
MakcuM [25]
It would be an informative resource
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The last recession changed the way many companies offer support to people and communities in need. many companies ______________
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Because of the last recession, many companies decreased financial donations but encouraged their employees to volunteer their times to corporate social initiatives and project.
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The logistics/operations manager of a mail order house purchases two products for resale: King Beds (K) and Queen Beds (Q). Each
grigory [225]

Answer:

Profit Function = (300 x king size bed) + (150 x queen size bed)

Explanation:

Objective Function is the function which needs to be optimised , i.e maximised or minimised. The function shows the objective variable as a dependent variable, determined by independent / explanatory variable(s).

Given Case : The manager would tend to maximise profit function.

Total Profit = Per unit profit x quantity

So, Profit Function: by per unit profit & sale quantities :

= (300 x king size bed) + (150 x queen size bed)

This profit objective function would be maximised, to find the profit maximising sale quantities of king & queen size beds.

Space, Budget would be the constraints to this optimisation.

6 0
3 years ago
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Shtirlitz [24]

Answer:

b. Exploratory research  

Explanation:

As the sales has been declined in Latin American territory with no knowledge to the team about sudden decline in sales performance therefore, Exploratory research can be helpful as to collect the information through the various means such as focus groups, customer advisory boards etc to know the exact reason for the decline so that the corrective action plan can be formulated

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