<span>A. Boost the economy
Expansionary policies increase the money in supply to encourage spending, boost economic growth and counteract inflation.</span>
Answer:
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource</em>
Product Cont/unit machine hr /unit cont/hr Ranking
A 6-2 = $4 per unit 2 hours $2 per hour 2nd
B 5-2 = $3 per unit 1 hour $3 per hour 1st
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Answer:
1. Meena should take the quantity discount since with such discount the EOQ will rise by just 1 unit from 20.5units to 21.5 units and a net gain of $49.18.
2. The EOQ without discount will be 20.5 units
Explanation:
EOQ=Square root of ((2xordering cost x demand)/ (Carrying cost))
Gains of accepting discount will be
i. ordering cost savings= (demand/quantity order) x ordering cost
= (660/360)*23=$42.16
ii. Price saving per item=0.18 x 660 =$118.80
total gain =$160.96
iii. Stockholding cost =300 x (23 x 0.91 ) x 0.18=$1,130.22
iv. Additional cost incurred by increasing order= 1,130.22-(300 x 23 x0.18)
=$111.78
Net gain= 160.96-111.78
= $49.18
Answer:
factor affecting hr fire forecasting
Employment.
Technological changes.
Organizational changes.
Demographic changes.
Culture.
Shortage of skill due to labor turnover.
Pressure groups.
Economic factors.
Explanation:
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The entrepreneurs must be aware of the firm’s overall
financial position, in order to determine the amount of finance they need or
how much they will be able to use or the limit of their finance. Another thing
is, the financial status should also be monitored if there are any progress or
changes.
