Answer:
Explanation:
Base on the scenario been described in the question, we use the following method to solve the question
d = 75 lbs/day 200 days per year
D= 15,000 lb/year H= $3/lb/year S= $16/order
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity and efficiency.
When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity.
In other words, the degree to which an asset may be swiftly purchased or sold on the market at a price representing its underlying value is referred to as liquidity. Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset.
Business efficiency is the amount of output a firm or organization can create given the time, money, and resources available. In other words, a company's efficiency refers to how well it can turn resources like labor, capital, and raw materials into services and goods that generate income.
To learn more about Liquidity and Efficiency refer to:
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Answer: Winona has the lowest opportunity cost of completing the task.
Explanation:
Based on the information given in the question, the opportunity cost will be calculated as:
= Earnings per hour × Hours taken to complete the task
Therefore, for Winona, the opportunity cost will be:
= 1 × $200.
= $200.
For Hubert, the opportunity cost will be:
= 9 × $25
= $225
Therefore, based on the calculation above, Winona has the lowest opportunity cost of completing the task.
Generally, prices are inflated when there are fewer choices.
The improvement of the product and process in the Scrum method is discussed at the<u> "sprint reflection meeting".</u>
The Sprint Retrospective is an opportunity for the Scrum Team to review itself and make an arrangement for enhancements to be instituted amid the following Sprint.
The Sprint Retrospective happens after the Sprint Review and preceding the following Sprint Planning. This is at most a three-hour meeting for one-month Sprints. For shorter Sprints, the occasion is normally shorter. The Scrum Master guarantees that the occasion happens and that chaperons comprehend its motivation. This is the open door for the Scrum Team to enhance and all part ought to be in participation.