1) If the economy is the closed equilibrium price and the amount is decided wherein the domestic demand and deliver curve intersects. here equilibrium price is Pa and the amount is X.
2) If the economic system is open to exchange equilibrium rate is a computer and the equilibrium amount is Z.
3) With unfastened change output produced via home producers is O-V. And by foreign manufacturers is Z-V.
4) With in keeping with the unit tariff charge is Pt and the whole quantity bought is Y.
5) With consistent with unit tariff quantities offered by using overseas producers is Y-W and through domestic manufacturers is O-W.
6) Per unit sales after tariff received via foreign producers is a computer and by using home producers is Pt.
7) General quantity of tariff sales = consistent with unit tariff × amount imported.
= (Pt - computer) × (y - w).
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Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units
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Answer:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Explanation:
Giving the following information:
Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.
<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
The correct answer to this question is "decrease to a new equilibrium quantity." Hundreds of clothing stores closed in new york city this year. the supply of clothes, at each price level, will <span>decrease to a new equilibrium quantity. Hope this helps answer your question.</span>
