Answer:
a. $6,237.
Explanation:
We use the PMT formula i.e shown in the attachment below:
Data provided in the question
Present value = $850,000
Future value = $0
Rate of interest = 8% ÷ 12 months = 0.66666%
NPER = 30 years × 12 months = 360 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly mortgage payment is $6,237
The answer is selecting an alternative. It is because it is
not always satisfying or a guarantee of using an alternative in the stage of
managerial decision making process because sometimes it won’t suit or will be
helpful in solving the problem.
Answer:
represents the TOTAL revenue at time 
.
Explanation:
is the revenue at the time at the first restaurant.
is the revenue at the time at the second restaurant.
If we want to know the TOTAL revenue at the time , we would sum these quantities:
TOTAL revenue = 
So represents the TOTAL revenue at time .
<u>Answer: </u>Just in time inventory
<u>Explanation:</u>
Just in time is the strategy that is generally used in production units where they can efficiently manage the stock by reducing the waste. The waste can be reduced by receiving the goods only when they are needed so this reduced the inventory costs.
Inventory cost are the costs related to procurement, storage and maintenance of the inventory. Walgreens store can reduce the stocking of goods cost by ordering them on time when required alone. The small shipment of goods for every two days once can reduce the inventory cost.
