Answer:
The EOQ is 642
The reorder point is 2,699
Explanation:
In order to calculate the EOQ we would have to calculate the following formila:
EOQ=√2DS/H
According to the given data we have the following:
D = 55,000
S = 21
H=40%*purchase cost
H=0.4*14 = 5.6
Therefore, EOQ=√(2*55,000*21)/5.6
EOQ=642
To calculate the reorder point If a service level of 98% is desired during the reorder interval, we would have to use the following formula:
reorder point=dL+z√σ∧2dL+σ∧2Ld∧2
reorder point=(7*205.22)+√(2.05*√(5∧2*7)+(3∧2*205.22∧2)
reorder point=2,699
Answer:
a. decreases the interest rate and so investment spending increases.
Explanation:
An increase in government spending has a crowd-out effect on the economy as interest rate rises since government borrows more than many businesses in terms of size and volume. The opposite effect results when government spending decreases.
Answer:
a. $10,003.
Explanation:
The terms of 2/10, n/45 means that there is a 2% discount if the payment is made within 10 days of the sales date and rhe net credit period is 45 days.
Calculate total invoice value
Total Invoice value = Merchandise value + Freight Charges = $10,700 + $850 = $11,550
As the payment is made on June 24 within the discount period, the discount will be availed
Discount = ( Purchases made - Returns ) x 2% = ( $10,700 - $1,360 ) x 2% = $186.80 = $187
Now the Amount paid
Amount Paid = Invoice value - Return - Discount avaialed = $11,550 - $1360 - 187 = $10,003
The investments by governments with surplus cash flows worry trade experts as it leads to government gaining control of natural resources.
<h3>What is an investment?</h3>
It should be noted that an investment simply means a way to creating further revenue by the investor.
In this case, the investments by governments with surplus cash flows worry trade experts as it leads to government gaining control of natural resources.
Learn more about investment on:
brainly.com/question/11514232
#SPJ1
Answer:
The correct answers are letters "B" and "C": Market control by a few large firms; Either homogeneous or differentiated products.
Explanation:
An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to <em>market collusion</em>, and <em>create barriers</em> to new trade entry. If the companies do not, they are likely to be forced to lower their prices and open the market to newer smaller companies.
The <em>ability to set prices, having homogeneous or distinctive products </em>and <em>price rigidity</em> are some other characteristics of oligopolies.
