try this one outhttps://www.irs.gov/retirement-plans/401k-plans
Answer:
Price elasticity of demand for Adam=0
Price elasticity of demand for Barb=1
Explanation:
Price elasticity of demand = %age change in demanded QTY / %age change in demanded price
The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0
The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1
If using insider information "happens all the time," as Sue told Lauren, it is likely that the company lacks a strong ethical climate. The ethical climate refers to the moral atmosphere within a work place. The ethical climate takes the values, decisions and choices into consideration and the ultimately what decision was made. The commend "it happens all the time" shows that even though there are other options to be made, the better options are less likely to be chosen.
Answer:
(a) 464 units
(b) 1,064 units
Explanation:
Given that,
Mean, M = 300
Standard deviation, SD = 200
Targeting CSL = 95%
Z-value for the 0.95 = 1.645 (Obtained from the Z-tables)
Lead time, L = 2
Standard deviation during lead time = SD × √L
= 200 × √2
= 200 × 1.41
= 282
Safety stock = z × Standard deviation during lead time
= 1.645 × 282
= 463.89 or 464 units
ROP = (M × L) + Safety stock
= (300 × 2) + 464
= 600 + 464
= 1,064 units
