Answer:
EOQ= 255 units
Explanation:
<u>Economic order quantity (EOQ)</u> is the ideal order quantity a company should purchase to <u>minimize inventory</u> costs such as holding costs, shortage costs, and order costs.
<u>To calculate the EOQ, we need to use the following formula:</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding/carriying cost
EOQ= √[(2*900*20)/0.6]
EOQ= 255 units
Answer:
The relationship with the recipient might be affected.
The recipient is likely to become upset.
Answer:
C All of the answers are correct
Explanation:
A market structure is termed as oligopoly when there are very few suppliers in a market of so many buyers. For oligopoly, the profit is maximized where the marginal cost equals the marginal revenue. If the marginal cost curve shifts upwards, it means that it increases. In an attempt to increase the cost in one firm, all the consumers will shift to the other firms, in an attempt to increase output, a company will make lesser profit. In this case, it means that the company will have to make use of non-price methods to compete. Therefore, the correct answer is C as the above given answers are all correct.
All bird houses = $5
Time to build each house =30 minutes
Wages per hour = $8
End sale of each bird house =$20
Explicit cost of each bird house =$ 15
Answer:
1) Buy 10 ounces of gold with the 350 dollars
2) Sell the 10 ounces of gold for £200
3) Exchange £200 for 360 dollars
Explanation:
Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.
You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.
Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.
