Answer:
The optimal stocking level is 45 muffins.
Explanation:
First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2
Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60
Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75
Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)
optimal stocking level = 30 + 0.75*(50-30) = 45
The optimal stocking level is 45 muffins.
Optimal stocking level = 68.75 Muffins
Answer:
Thank the representative and accept the offer to cover expenses of your participation.
Explanation:
The response that would be most effective for helping you to make an ethical decision is to thank the representative and accept the offer to cover expenses of your participation.
For being invited to participate on an expert panel that will be held at an upcoming professional conference is such a great privilege and opportunity, thus, you should first express your gratitude for the honor and accept the offer covering your expenses.
Having your expenses covered, would make you channel all your time and energy into preparing, researching and organized for the event.
I would say that an intrinsic risk factor would be like poor balance which can happen as a person ages, plus loss of muscle tone and these two things together, coupled with an extrinsic factor like outside uneven ground can contribute to a fall and perhaps broken bones as bones can get more brittle with age too.
Answer:
D. The change in real GDP cannot be determined without more information.
Explanation:
GDP is the total value (P X Q) of final goods & services produced in an economy during a period of time.
Real GDP is measured at constant base year price level, such that it reflects change only due to quantity & not price rise (inflation).
Nominal GDP is measured at current year price level, it reflects change due to both quantity & price rise (inflation).
Nominal GDP / Real GDP = GDP Deflator. It measures the average price level change in current period relative to base period, helps eliminating price change effect & converting Nominal GDP into Real GDP .
Cannedada: 2018 Nominal GDP = $4 Billion, 2019 Nominal GDP = $5 Billion
Nominal GDP has increased between 2008 & 2009. Production rise between 2008, 2009 cant be found without 2009 Real GDP. Average price level rise between 2008 & 2009 cant be found without 2009 Real GDP (through GDP deflator).
