The impact to likely have on the average inventory in the process is "because larger batches take longer to complete, average inventory will rise."
<h3>What is average inventory?</h3>
An estimation of the worth or quantity of a certain commodity or group of goods over two or more prescribed time periods is known as average inventory.
Some key features of average inventory are-
- By combining the beginning and final inventory values throughout a specific time period, average inventory is indeed the arithmetic mean of inventory during that time frame, which may differ from the average price for the same data set.
- The median price for the same set of data may differ from the average inventory, which is the sample mean of a stock during a specific time period.
- When examining overall sales volume, average inventory statistics can be used as a benchmark, enabling a company to monitor inventory losses.
- A business can keep inventory from the most recent purchase by using moving average inventory.
- Because it enables them to more effectively manage its costs, sales, or business connections, inventory administration is an important success factor for businesses.
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Democratic leadership is most suitable where group dynamic is very
complex.
<h3>What is Group dynamics?</h3>
This is defined as the behaviors and attitudes which are present in a
group. In this type of group, the leader has to be able to effectively
organize its members as a result of varying ideas and difficulty in reaching
agreement on topics.
Democratic leadership will ensure that everyone has inputs and then the
ones with the most vote can be agreed upon.
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At a business meeting, mr. smith is asked his opinion about a company proposal to give bonuses to workers who go above and beyond. mr. smith will be using what form of delivery?
Answer:
The the value of the ending Finished Goods Inventory $24,628,50
Explanation:
See attached file