The company is expressing its key corporate value with a slogan is the Ritz-Carlton using to express its corporate culture.
Explanation:
The fundamental beliefs about which your organisation and your actions are founded are corporation values, also recognised as corporate values or fundamental values.
They are the concepts that your company uses to control its internal investigations and customer interactions.
Your core values if established must be strong and uncompromising – a guideline instead of a suggestion. They might affect each aspect of your business, from benefits for employees and culture throughout the work environment to marketing techniques and customer support.
Answer:
The answer is 31%
Explanation:
Hope you have a great day
Answer:
a) safety stock = z-score x √lead time x standard deviation of demand
z-score for 99.9% = 3.29053
√lead time = √7 = 2.6458
standard deviation of demand = 3
safety stock = 3.29053 x 2.6458 x 3 = 26.12 ≈ 26 soaps
reorder point = lead time demand + safety stock = (7 x 16) + 26 = 138 soaps
EOQ = √[(2 x S x D) / H]
S = order cost = $10
D = annual demand = 16 x 365 = 5,840
H = $0.05
EOQ = √[(2 x $10 x 5,840) / $0.05] = 1,528.40 ≈ 1,528 soaps
b) total order costs per year = (5,840 / 1,528) x $10 = $38.22
total holding costs = (1,528 / 2) x $0.05 = $38.20
total annual ordering and holding costs = $76.42
Answer:
10.68%
Explanation:
Data provided in the question:
Returns on stock : 12%, 16%, 10%, 19%, 15%, -6%
Now,
Geometric average return on the stock is calculated as:
Geometric average return = 
Thus,
For the given returns on stock
Geometric average return
=![[ (1 + 0.12)\times(1 + 0.16)\times(1 + 0.10)\times(1 + 0.19)\times(1 + 0.15)\times(1 + (- 0.06)) ]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B%20%281%20%2B%200.12%29%5Ctimes%281%20%2B%200.16%29%5Ctimes%281%20%2B%200.10%29%5Ctimes%281%20%2B%200.19%29%5Ctimes%281%20%2B%200.15%29%5Ctimes%281%20%2B%20%28-%200.06%29%29%20%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= ![[ 1.12\times1.16\times1.10\times1.19\times1.15\times0.94 ]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B%201.12%5Ctimes1.16%5Ctimes1.10%5Ctimes1.19%5Ctimes1.15%5Ctimes0.94%20%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= ![[1.8384056768]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B1.8384056768%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= 1.1068 - 1
= 0.1068
or
= 0.1068 × 100%
= 10.68%
