Answer:
The Just-in-time( JIT) inventory management
Explanation:
The Just-in-time( JIT) inventory management approach seeks to increase efficiency in the stock management process. JIT achieves efficiency by reducing the cost of holding stocks and eliminating wastage associated with keeping a high volume of inventory. Under JIT, materials are ordered when they are required for production. The business does hold stocks or will have minimal quantities in the stores.
George can adopt the just-in-time system in his place of work. His cost of holding stock will reduce as materials will be purchased to meet the current production requirements. Market demand determine production. It means there will be no storage of a high volume of finished goods, which ties up a lot of capital.
Answer:
The monthly payment n the motorcycle will be for 158.75 dollars
Explanation:
We need to solve for the PMT of an ordinary annuity:
PV 8,400 (loan)
time 60 months
rate 0.004216667 (5.06% annual divide into 12 months)
C $ 158.749
Answer:
Ad valorem tariff
Explanation:
Ad valorem tax is defined as, any tax based on the money related estimation of the burdened thing. Truly the term signifies "as per esteem." Traditionally, most traditions and extracts had "explicit" rates; the assessment base was characterized regarding physical units, for example, gallons, pounds, or individual things.
For example taxes on goads and service,VAT on the final product and service.
You could start out by finding out how much demand there is for this kind of service. Go around your neighborhood and ask how likely everyone would be to utilize a dog walking or training business, and how much they would be willing to pay for such a service. Alternatively, you could create a survey online and send it to groups within your city. You can create a survey using Google Forms.
If there is enough demand for it and if the price is right, then present this information to your parents. This way you can show them that you're very serious about starting your own business and you have the know-how to do so.
Starting out with just a focus on dog-walking could be great, and then you could expand from there to training. If you have a good sized yard or a nearby dog park to work at for training, then you're set. After that you can move on to dog rescuing. Of course, you will need more space for rescuing dogs and will definitely need at least a yard.
Good luck with your parents and good luck with the business!
