Answer:
$1.5
Explanation:
Given:
Charges per order = $30
Charges per case = $50
1 case = 5 bags of fertilizers
Number of fertilizers bags needed per year = 2000 bags
Annual holding cost, C₀ = 30%
Now,
Annual demand for cases, D = 
= 
= 400 cases
thus,
Annual unit holding cost per case, 
= 30% of $50 i.e $15
Thus,
Economic Order quantity ( EOQ ) =
on substituting the respective values, we get
EOQ =
or
EOQ = 40
Now,
Annual ordering cost = Ordering cost × Number of orders
= C₀ × 
= $30 × 
= $300
Annual inventory holding cost
= Annual unit inventory holding cost × Average inventory
= × 
= $15 × 
= $300
Now,
Sum of annual ordering and holding cost per case of fertilizer
= $300 + $300
= $600
Therefore,
Annual ordering and holding cost per case of fertiliser
= 
= 
= $1.5
Answer:
In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the next step is to match the most promising new technologies with current economic opportunities.
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping.
Answer:
Experience an inward shift of its production possiblity curve.
Explanation:
Production possiblity curve is a graphical representation of the maximum number of products that a company can produce, if it produce only two product using all the resources efficiently. The maximum production possiblity of one product is shown on one side graph and another product on other side to compare which product can be produced to reduce cost and wastage while maximizing the profit. This also help the management to know the effecient use of resources or factor of production; Land, labour, capital and entrepreneurship. Therefore, lack of resources to Cuba have lead it´s economy to decline.
Answer:
measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events.
Explanation:
According to my research on financial accounting terms, the term liability is defined as the state of being legally responsible for something (dept such as auto or student loans). When a liability is first recorded it is measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events. Basically calculating the amount of future payments that need to be made by the dept owner.
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