Answer:
Average daily demand (d) = 15
Lead time (L) = 3 days
Value of Z = 2
Standard deviation of demand during lead time = 5
Reorder point = d × L + (Z × standard deviation of demand during lead time)
= 15 × 3 + (2 × 5)
= 45 + 10
= 55
Answer:
Dr Mohan account 627
Cr Sales 627
Explanation:
Preparation of Journal entry
If the amount of RS. 600 is the goods costing that was supplied to mohan in which the issued invoice is 10% above cost with a 5% discounts the First step will be to calculate the Invoice price.
Calculation of the invoice price
Invoice price=[600+10%*600)+[5%*(600+10%*600)]
Invoice price=(600+60)-[5%*(600+60)]
Invoice price=660-(5%*660)
Invoice price=660-33
Invoice price=627
Now let prepare the Journal entry
Dr Mohan account 627
Cr Sales 627
(Being to record good sold to Mohan)
Brenda is practicing stimulus control
Hope this helps, Happy Valentines day (:
Answer: A. Cournot Oligopoly B. Stackelberg Oligopoly C. Bertrand Oligopoly
Explanation:
Cournot Model: In Cournot model, firms produce output independently and then set their prices. In this type of model, the products are typically standardized.
Stackelberg Model: In Stackelberg model, there is one firm who is quite dominant and that firm sets the price. Whereas, other firms or the competing lower firms usually follow the price leader.
Bertrand Model: In this model, firms have interaction with buyers in order to set prices and quantities.
Answer:
The market price of this bond is: $1,069.8.
Explanation:
To calculate the market price of the bond, we have to use the following formula:
Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)
C= periodic coupon payments: $1,000*7%= $70
F= Face value: $1,000
r= Yield to maturity: 5.85%
n= No. of periods until maturity: 8 years
Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)
Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)
Bond Price= 70*6.24+633
Bond Price= 436.8+633
Bond Price= 1,069.8
