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Vesnalui [34]
2 years ago
6

The demand curve shows that the quantity consumed of a good or service

Business
1 answer:
Zigmanuir [339]2 years ago
8 0

Answer:

increase by price

Explanation:

because, of quantity let me m know if I am correct I am pretty sure I am

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How does the trade benefit the society?
alexdok [17]

Answer:

<em>Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.</em>

4 0
3 years ago
A popular, local coffeeshop in one of the suburbs of New York City (NYC) estimates they use 3,500 pounds of coffee annually. The
andre [41]

a) The determination of the optimal size of the order assuming an EOQ model for the local coffee shop is <u>265 pounds</u>.

b) The total cost in the new coffee shop where the demand for coffee increased to 4,000 pounds at an order size of 265 pounds per order (assuming a unit cost of $3 per pound) is <u>$253,500</u>.

<h3>What is the EOQ Model?</h3>

The economic order quantity (EOQ) model calculates the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.

It is determined using the following model:

EOQ = square root of: 2 (ordering costs)(demand rate) / holding costs.

Thus, the EOQ model can be worked out as follows:

  • Determine the demand units.
  • Determine the ordering cost.
  • Determine the holding cost.
  • Multiply the demand by 2.
  • Then multiply the result by the order cost.
  • Divide the result by the holding cost.

<h3>Data and Calculations:</h3>

a) The annual demand for coffee = 3,500 pounds

Holding cost per pound = $10

Ordering cost = $100

EOQ = square root of: 2 ($100 x 3,500) / $10

= 265 pounds

The annual demand for coffee = 4,000 pounds

Holding cost per pound = $60

Ordering cost = $100

EOQ (Order size) = 265 pounds

Assumed unit cost per pound = $3

The total cost in the new coffee shop = $

Annual holding cost = $240,000 ($60 x 4,000)

Annual ordering cost = $1,500 ($100 x 4,000/265)

Annual purchase cost = $12,000 (4,000 x $3)

Total costs = $253,500

Learn more about the economic order quantity at brainly.com/question/14625177

6 0
2 years ago
Instructions on how to creae and maintained planned maintenance system schedules using sked appendix
gogolik [260]
  • Cycle, quarterly, and weekly calendars are the several types of PMS schedules.
  • The Cycle PMS Schedule shows the Maintenance Requirements (MRs) that are anticipated to be completed over an extended period of time within the ship's maintenance life cycle.
  • The pound sign symbol ("#") denotes required related maintenance checks that must be conducted within the quarter.
  • The mark used to denote the end of an MR is the letter "X."
  • A circled "O" on a Sked requirement denotes a requirement that was either not completed at all or just partially completed after the relevant MRC.
  • Each 13-week column has black markings at the top to denote underway periods.
  • Rescheduled MRS is indicated by the O-with-arrow on the schedule mean.

What are the two scheduling techniques for preventive maintenance?

Fixed PMs and floating PMs are two different scheduling techniques for preventive maintenance. Tracking assets and determining when they require inspection, maintenance, calibration, or replacement can be done using either method.

What are the strategies of preventive maintenance scheduling?

These two PM scheduling techniques enable maintenance facilities to precisely identify maintenance triggers, properly maintain assets and effectively utilize maintenance resources. As a result, facilities experience less downtime and improve asset performance for longer.

Learn more about Preventive maintenance: brainly.com/question/14970029

#SPJ4

8 0
11 months ago
Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lea
ASHA 777 [7]

Answer:

It would take 36 months

Explanation:

Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.

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3 years ago
A local farmer grows and sells tomatoes and beans to the local grocers. look at the farmer's business as a system. in which cate
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<span>These would be considered outputs. These are the products, services, or funds received as a part of a business transaction. Outputs are anything that a business creates, whether it's a concrete item or is more abstract (such as the enjoyment that a person gets from purchasing the product or service).</span>
8 0
3 years ago
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