Answer:
the correct answer is B. Resources are used to produce things that satisfy people's wants.
Explanation:
Wants are the ways we satisfy our basic needs such as food, water, shelterm clothing, etc.
Wants are unlimited. Also, they can be created by businesses as well. However, resources are limited. Most of the resources are given from the nature while some resources have been developed through the human intervention.
Resources are the basic input to produce the necessary things to satisfy the human wants. this conversion process of the resources is generally called the "production".
Answer:
a. 480
Explanation:
The computation of the economic order quantity is given below:
= 480 units
The carrying cost could be determined below:
= $4 × 25%
= $1
hence, the carrying cost is $1
Therefore the economic order quantity is 480
Thus, the correct option is a.
Answer:
Safety stock
Explanation:
Safety stock defines When the lead time for delivery of the item rises in a typical inventory reordering situation, the safety stock would need to be increased if the possibility of stockout is to remain unchanged.
Therefore, according to the given situation the correct answer is safety stock as The lead time of the item improves, the safety stock would need to be increased if the risk of stockout inventory remains the same
Answer:
a. $437,200
Explanation:
Direct material Cost $117,700
Direct Labor $153,800
Manufacturing Overhead <u>$183,600</u>
Total manufacturing Cost $455,100
- Ending Work-in-Process <u>$17,900 </u>
Cost of Goods Manufactured <u>$437,200</u>
So, The cost of Goods manufactured was $437,200.
Answer:
Spiritual
Explanation:
The Human Services career cluster include professional involved in beauty and human wellness. Some job titles in this cluster include psychologists, members of the clergy, social workers, hairdressers, and cosmetologist. Working in this cluster requires one to have good interpersonal and listening skills. One has to be patient and show empathy toward others.
The working environment in this cluster revolves around hospitals, worship places, saloons, and beauty parlors.
