Answer:
26250
Explanation:
I subtracted the expenses from the revenue to get this.
I hope this is correct, and as always, I am joyous to assist anyone at any time.
Answer:
B. Japan
Explanation:
Japan is the only country in the available options in which a free market economy operates, which means that households and businesses as economic agents are the ones who make the decisions about what goods and services are produced (this is where trade- offs occur as opportunity costs), this together with market regulation in different levels by the State.
In countries such as the former Soviet Union, North Korea and Cuba, the state is responsible for planning the production of goods and services, which regulates and defines the production to which households and businesses (mostly state-owned) must stick.
They probably feel good about themselves.
Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units