Answer:
Annual demand (U) = 90.000 bags
Cost of each bag = $1.50
Inventory carrying cost per unit(C) = $1.50 × 20% = 0 30
Ordering cost per unit (O) = $15
Part A)
EOQ = 3,000
Part B)
Maximum inventory = EOQ + Safety inventory on hand
Maximum inventory = 3000 + 1000
Maximum inventory = 4.000
Part C)
Average inventory = Maximum inventory + Minimum or Safety /2
Average inventory = 4,000 + 1,000 / 2
Average inventory =2,500
Part D)
How often company order = Annual demand / EOQ
How often company order = 90,000 / 3.000
How often company order = 30
A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.
<u>Option: C</u>
<u>Explanation:</u>
Rent limit is the highest price a property owner can demand for rent. Rent ceilings are typically fixed by legislation and limit how high the rent can be in a given area. Although, the amount of affordable housing is also reduced as a consequence of this rule, as tenants are not interested in renting out their properties at a cheap price.
Nevertheless, if the limit is placed underneath the level of equilibrium then a reduction of deadweight is produced. Many issues come in the form of illegal markets, scanning time and charges that aren't leased precisely like key money i.e. high initial cost for new keys.
profit really
Explanation:
There are three types of international trade: Export Trade, Import Trade and Entrepot Trade. ... It means importing goods from one country and exporting it to another country after adding some value to it. For instance, India imports gold from China makes jewelry from it and then exports it to other countries
Answer:
Present value (PV) = $1,000
Interest rate (r) =8% = 0.08
Number of years (n) = 18 months = 1.5 years
No of compounding periods in a year = 4
Future value (FV) = ?
FV = PV(1 + r/m)nm
FV = $1,000(1 + 0.08/4)1.5x4
FV = $1,000(1 + 0.02)6
FV = $1,000 x 1.1262
FV = $1,126
Explanation:
The amount to be received in 18 months is $1,126. This is obtained by compounding the present value at 8% compounded quarterly for 18 months. The formula to be applied is the formula for future value of a lump sum(single investment).
Everyone might not be with you. People might be angry that if you go big you might take over there popularity. As an entrepreneur they needs lots of support and everyone might not be willing to give that support, entrepreneurs always going to have people against them. As an entrepreneur it’s takes lots of time so if you are willing to be one be PATIENT.!
