Answer:
The Number of kanban card sets is 2.
Explanation:
c = 5
T = 2 hours
d = 3 vehicles/hour
N = d*T(1 + ss)/C
= 3*2(1 + 0.30)/5
= 1.56
Therefore, The Number of kanban card sets is 2.
Answer: Elasticity of demand is 7.06
Explanation:
P1= $2,750
P2=$2,880
Q1=446,000
Q2=321,000




Elasticity = -0.76
Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.
Answer:
See explanations
Explanation:
a. What is the daily demand rate? 2500/365=6.85 per day
b. What is the optimal production quantity? sqrt( 2DCo/Ch)=sqrt(2*2500*25/1.48)= 290.619=291
c. How long will it take to produce the optimal quantity? 291/50=5.82 days
d. How much inventory is sold during the production run time? 6.85*5.82= 40
e. If Ross uses the optimal production quantity, what would be the maximum...
Answer:
The correct answer is option c.
Explanation:
If there is an appreciation in the value of the dollar, it implies that the value of the dollar has increased in comparison to foreign currency. This means that foreign consumers will need to pay more for US goods. This will cause a decline in export demand.
Because of the decline in exports, the net exports will fall. This decrease in the net exports will cause the aggregate demand to fall. As a result, the aggregate demand curve will shift to the left.
Answer:
Items --- Reporting Method
1
. Accounts payable - Current liability
2
. Current portion of long-term debt - Current liability
3
. Sales tax collected from customers - Current liability
4
. Notes payable due next year - Current liability
5
. Notes payable due in two years - Long-term liability
6
. Advance payments from customers - Current liability
7
. Commercial paper - Current liability
8
. Unused line of credit - Disclosure note only
9
. A contingent liability that is probable likelihood of occurring within the next year and can be estimated - Current liability
10
. A contingent liability that is reasonably possible likelihood of occurring within the next year and can be estimated - Disclosure note only