Answer:
Safety Stock.
Explanation:
Safety Stock is held to respond to the uncertainties in demand and supply levels because it is an additional amount of a product or material which is generally held in an inventory to mitigate or lessen the risk that a product or material will become out of
stock.
In Business management, the safety stock can be calculated using the following formula;
<em>Safety stock = (Md * Ml) - (Ad * Al) </em>
Where;
Md = maximum daily usage.
Ml = maximum lead time in days.
Ad = average daily usage.
Al = average lead time in days.
Strong feeling its Capitalism.
Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.
Explanation:
- Self-regulatory is related to one human mind taking decision.
- In psychology it was always proven each human behavior.
- Is to dominate the other human irrelevant of there kindness.
- Business run by single owner mostly dont pay suppliers, employees well.
- If government steps in policies could be balanced for all the people.
- Government works on decision by multiple people.It does not...
- Single mind taking a decision.Consumers are cheated most of the time.
- Regulators body taking steps to curb the owners of business.
- Example Ray kroc shuck hands with real owners of MC donalds that....
- He would give royalty on a yearly basis but there was no paper work.
- Of Government just a handshake they never got Royalty.
Answer:
Your answer is given below:
Explanation:
Statement showing Computations
Paticulars Amount
Variable overhead cost per unit =100,000/1,000 100.00
Standard Variable overhead for 750 Units = 750 * 100 75,000.00
Actual Variable overhead 75,000.00
Variable overhead spending variance= Standard VO - Actual VO
Variable overhead spending variance= 75,000 - 75,000
Variable overhead spending variance= 0
Answer:
they are dependent on situational probabilities
Explanation:
Arturo's decision about which torch to purchase is being made under conditions of ambiguity , because: they are dependent on other factors.
The decision making is not certainty because his decision on which torch to buy is dependent on probabilities neither is it uncertain because we have information on probabilities of what the outcome might be.
Hence the decision making is ambiguous because it is between certain and uncertain and its outcome is dependent on the probabilities of having a discount or not.