Answer:
Correct answer is G.
I, II and III
Explanation:
Order-up-to-level (T) = d(P+L) + safety stock
d = mean demand
When Lead time is fixed,
Safety stock = function of (std deviation of demand, L, P, in-stock probability)
When Lead time also has variability,
Safety stock = function of (std deviation of demand, std. deviation of lead time, d, L, P, in-stock probability)
So, in any case, T will depend on d, std deviation of demand, and in-stock probability.
Answer:
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Explanation:
Answer:
TRUE
Explanation:
- Business globalization means designing marketing strategies as if they were a single entity for the whole planet or large parts of it.
In an increasingly interdependent and incorporated global economy, merchandising globalization is a complementary term combining the promotion and sale of goods and services.
It renders stateless, wall-less businesses an essential marketing and cultural tool with the internet.
Answer:
330 tickets sold to adults
370 tickets sold to children
Explanation:
Suppose:
Number of Tickets
Adult = A
Child = C
According to given condition
A + C = 700 (Eq 1)
7A + 3C = 3,420 (Eq 2)
By multiplying (Eq 1) with 3 we get
3A + 3C = 2,100 (Eq 3)
By subtracting (Eq 3) from (Eq 1)
7A + 3C - (3A + 3C) = 3,420 - 2100
7A - 3A + 3C -3C = 1320
4A = 1320
A = 1320/4
A = 330
Putting value of A in (Eq 1)
330 + C = 700
C = 700 - 330
C = 370
Check:
(7x330) + ( 3x370) = 3420
2310 + 1110 = 3420
3420 = 3420
