Question 12 Which answer illustrates "compound interest"?

Prince electronics, a manufacturer of consumer electronic goods, has five distribution centers in different regions of the cou

marin [14]

Answer:

$378,000

Explanation:

average weekly demand 70 per distribution center

average shipment size to each distribution center is 450

average lead time 3 weeks

each distribution center has a 3 week safety stock

pipeline inventory: average lead time x average demand per distribution center x average price of each modem x number of distribution centers = 3 weeks x 70 units x $360 x 5 = $378,000

pipeline inventory in transit = $378,000

The pipeline inventory represents the minimum average that the company needs to have to at least meet the weekly demand for its product.

7 0

3 years ago

The five-dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca

Radda [10]

Answer:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.

Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.

4 0

3 years ago

Reviewing the Budget

vekshin1

Answer:

For each month we calculate the variance by finding the difference between the Actual numbers and Budget numbers.

Then we indicate if the practice was "Overbudget" or "Underbudget".

If the actual numbers are less than the budget numbers, the budget is we say that the budget is under budget.

If the actual numbers are more than the budget numbers, the budget is we say that the budget is over budget.

Month Budget Actual Variance Under/ over

<u> (Actual -Budget) Budget </u>

January 23,55,872 17,90,929 -5,64,943 Under Budget

February 26,54,031 28,27,606 1,73,575 Over Budget

March 22,39,980 29,24,180 6,84,200 Over Budget

4 0

3 years ago

Read 2 more answers

College football attendance, especially student attendance, has been on the decline. In 2016, home attendance at major colleg

puteri [66]

Answer:

Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:

A) higher, because more games are televised today.

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.

Can this change in opportunity cost account for the decline in college football attendance?

B) Yes, because these changes increase the opportunity cost of watching football games in person.

Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?

6 0

3 years ago

If the family decides to reduce its clothing budget by $200 a month, how much will the new clothing budget be? Round to the near

STALIN [3.7K]

Answer:

$970

Explanation:

6 0

2 years ago