Answer: 75%
Explanation:
The probability that demand is less than or equal to the stocking level will be calculated thus:
Underage Cost (Cu) will be given as:
= 3 × Overage Cost(Co) = 3Co
Critical Ratio for seller is given as:
= Cu/(Co+Cu)
= 3Co/(Co + 3Co)
= 3Co / 4Co
= 75%
= 0.75
Therefore, the answer is 75%.
<u>Explanation:</u>
a. Formerly, these manufacturers have to provide storage space to display their inventory of mattresses, however, online retail sellers have taken up this activity by holding the various sizes of the available inventory, and then simply display them on photos/videos on their website.
b. No. The decision to purchase a car direct from the manufacturer without seeing the product in person or testing the product isn't the most preferred option for many, however, an expensive refrigerator could be purchased without seeing or testing it out. Usually, the following factors are considered:
- Would this product match the description stated?
- Would the cost of return be worth it if there happens to be a problem with the product?
Answer:
The input of land, labor, and capital. APEX
Answer:
C. Car dealerships cannot sell their stock
There are four scenarios as following:
a.) Car dealerships have minimal overstock.
b.) Car dealerships are not restocking.
c.) Car dealerships cannot sell their stock.
d.) Car dealerships cannot obtain stock.
=> The answer is C
Explanation:
Recession is the term used to describe the situation when a country suffer from the negative economic growth (indicated in the negative GDP growth rate).
The recession is considered the result of the economic downfall of that country, resulting in the decrease in capital inflow, slowing down the production and increasing the unemployment rate in that country. Consequently, the wage of people there would decrease, lowing their consumption. So that with lower demand and level of expense of the market, the <u><em>car dealerships cannot sell their stock.
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