Because public goods can be utilized by one individual without affecting the quantity that is available to others, governments typically offer them rather than profit-maximizing businesses.
What does "firm" mean?A business that seeks to make money by offering goods and services is known as a firm. Firm and business are both acceptable terms. Different organizational structures for businesses, including corporations and single proprietorships, are available.
What is a firm's primary goal?According to the traditional view of the firm, profit maximization is a company's main goal. Price & output of a specific product are set by perfect competition with the only goal of satisfying consumer demand under the assumption of given taste & technological advancements.
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Problem-6; (chapter 3) SS Ltd. obtained significant influence over YY Ltd by buying 30% of Y's 100,000 outstanding ordinary shares at a cost of Br 18 per share on January 1, 2022. On May 15, YY declared and paid a cash dividend of Br 150,000. On December 31, YY reported net income of Br 270,000 for the year. (a) record acquisition of shares (a) record revenue and dividends
(a) Record acquisition of shares: Investment in YY Ltd. Dr. Br 540,000, Cash Cr. Br 540,000.
(a) Record revenue and dividends: Dividend Receivable Dr. Br 45,000, Revenue from Investment in YY Ltd. Cr. Br 45,000; Investment in YY Ltd. Dr. Br 81,000, Revenue from Investment in YY Ltd. Cr. Br 81,000.
(a) To record the acquisition of shares by SS Ltd. on January 1, 2022:
Investment in YY Ltd. (30% of 100,000 shares * Br 18) Dr. Br 540,000
Cash Cr. Br 540,000
This journal entry records the purchase of 30% of YY Ltd.'s outstanding shares for a total cost of Br 540,000.
(b) To record revenue and dividends for the year:
On May 15, YY Ltd. declared and paid a cash dividend of Br 150,000. This dividend represents the portion of the company's earnings that will be distributed to its shareholders.
Dividend Receivable Dr. Br 45,000 (30% of Br 150,000)
Revenue from Investment in YY Ltd. Cr. Br 45,000
This entry recognizes the dividend revenue earned by SS Ltd. from its investment in YY Ltd.
On December 31, YY Ltd. reported net income of Br 270,000 for the year. As SS Ltd. has significant influence over YY Ltd., it needs to adjust its investment account for its share of the net income.
Investment in YY Ltd. Dr. Br 81,000 (30% of Br 270,000)
Revenue from Investment in YY Ltd. Cr. Br 81,000
This entry records the revenue earned by SS Ltd. from its share of YY Ltd.'s net income.
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As financial controller at a manufacturing company, you have been advised by a colleague that the sales director is unlawfully declaring fuel benefits as the tax value is high. This has been creating higher profit margins and if declared those margins will go down. There is potential that this could push the company into insolvency, which would result in job losses for 300 employees. You have made the other directors aware of the situation but they have expressed a wish not to disclose the misleading tax bill. You are aware that by declaring this information to the tax authorities, as required by law, that the organization may have to declare insolvency and those 300 employees could lose their jobs. What would you do?
Answer:
so many words i cant understand the of it
As the financial controller facing this ethical and legal dilemma, here's a course of action you could consider below:
What would you do?Seek advice from legal professionals to fully understand the legal implications of not reporting the accurate tax information. This will help you make informed decisions based on the law and potential consequences.
Keep thorough records of your interactions, discussions, and decisions related to this matter. Documentation will be crucial if any legal or ethical issues arise later.
Engage in open and honest discussions with the other directors, emphasizing the potential legal and ethical ramifications of not reporting accurate tax information. Stress the importance of transparency and compliance with the law.
Explore alternative ways to address the issue without causing potential insolvency. This could include discussing options with tax authorities, seeking professional advice on managing tax liabilities, or making changes to the company's financial strategy.
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what is one advantage of term life insurance policies over whole life insurance policies?
One advantage of term life insurance policies over whole life insurance policies is that the life insurance rates are more affordable.
What is the advantage of life insurance policies over whole life insurance policies?The advantage of life insurance policies over whole life insurance policies is that the rate that is been given by the insurance company on the life insurance is low compare to the whole life insurance.
And the reason that can be attribute to this is that the term policies do make provision for the coverage for a predetermined time compare to the life insurance.
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Brown Industries has a debt-equity ratio of 1.5. Its WACC is 9.6 percent, and its cost of
debt is 5.7 percent. There is no corporate tax.
What is the company's cost of equity capital? (Do not round intermediate
calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
b-1. What would the cost of equity be if the debt-equity ratio were 2.0? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
b-2. What would the cost of equity be if the debt-equity ratio were 0.5? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
b-3. What would the cost of equity be if the debt-equity ratio were zero? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
Answer:
A .Unlevered cost of equity = 9.6
b-1 Levered cost of equity = 28.69
b-2 Levered cost of equity = 14.37
b-3 Levered cost of equity = 9.6
Explanation:
A. First step is to calculate the E/A
D/A = D/(E+D)
D/A = 1.5/(1+1.5)
D/A=0.6
E/A = 1-D/A
E/A=1-0.6
E/A=0.4
Second Step is to calculate WACC using this formula
WACC = Levered cost of equity*E/A+Cost of debt*(1-tax rate)*D/A
Let plug in the formula
0.096= Levered cost of equity*=0.4+0.057*(1-0)*=0.6
Levered cost of equity =15.45%
Third step is to calculate UnLevered cost of equity using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
0.1545 = Unlevered cost of equity+1.5*(Unlevered cost of equity-0.057)*(1-0)
Unlevered cost of equity = 9.6
b-1. Calculation for What would the cost of equity be if the debt-equity ratio were 2.0
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+2*(9.6-0.057)*(1-0)
Levered cost of equity = 28.69
b-2. Calculation for What would the cost of equity be if the debt-equity ratio were 0.5
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+0.5*(9.6-0.057)*(1-0)
Levered cost of equity = 14.37
b-3. Calculation for What would the cost of equity be if the debt-equity ratio were zero
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+0*(9.6-0.057)*(1-0)
Levered cost of equity = 9.6
4. What would be the best pricing strategy for a deli opening in a competitive business
district where the lunchtime rush is the bulk of the business? Explain your answer
Answer:
During the times of opening, the business can offer lucrative and attractive discounts and deals such as buy one get one free deals or opening offers or different deals and discounts to gain competitive business advantage.
Explanation:
9. During the selling process, you assess the needs of the customer by asking questions that get the customer to provide details about what they want or need.
These questions are typically not answered with a "yes" or "no".
A. Short questions
B. Open-Ended questions
O C. Easy questions
O D. Fast questions
(ANSWER ASAP!! GIVING BRAINLIEST IF CORRECT :))
Julianna has been asked to write an offer letter to Noah Camp, a new employee. What is the appropriate salutation for her to use?
A: Happy Friday, Noah,
B: Business letters don't use salutations.
C: Hey, Noah,
D: Dear Mr. Camp,
Julianna has been asked to write an offer letter to Noah Camp, a new employee. What is the appropriate salutation for her to use?
Dear Mr.Camp
I HOPE IT HELPS YOU
PLEASE MARK ME THE BRAINLIEST
How can the implementation of Supply Chain Risk Management processes be organised within and across companies?
Supply Chain Risk Management (SCRM), it is "the application of strategies to manage both routine and extraordinary risks along the supply chain based on continual risk assessment with the purpose of minimising vulnerability and maintaining continuity."
The implementation of Supply Chain Risk Management activities within and between businesses can be organised like these:
Thus, through aforementioned ways the implementation of Supply Chain Risk Management processes be organised within and across companies.
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Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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What is the "rate of return" on an
investment?
A. It is the amount of money you make from your
investment.
B. It is the interest based on the principal.
C. It is the interest based on the principal plus the
interest.
D. It is the initial investment you make.
Answer:
I think its the amount of money you make from your investment
1. Construct the project network, given the activity precedence information provided.
Activity Immediate Predecessors
A -
B -
C B
D A
E B
F B
G D, E
H F
2. Construct the project network, given the activity precedence information provided.
Activity Immediate Predecessors
A -
B -
C A, B
D B
E B
F C, D, E
G E
Answer:
SO like basically yopujust gea
Explanation:
You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Question 6 of 10
Match each business model with the type of business that commonly uses it.
Bricks and clicks
?
Grocery stores
Subscription
?
Magazines
Shopkeeper
Retail stores
?
Answer:
Bricks and Clicks - Retail Stores
Retail stores such as Walmart use a bricks and clicks model to ensure they sell as much as possible. Bricks and clicks refers to having both an online and an offline (physical location) presence where customers can come and buy in person if they want.
Grocery Stores - Shopkeeper
Grocery Stores are usually bricks and mortar which means that they are a physical location. This physical location is usually small and in need of being managed by a shopkeeper.
Subscription - Magazines
Magazines have found over the years that it is effective to offer their services as a subscription based one. That way they can be sure of a steady inflow of cash and people can be sure that they will receive magazines periodically.
Using general environment (discontinuities) and specific industry environment (megaforces) relevant to external analysis, outline and discuss these concepts and their impacts on the strategic management of organisations.
The concepts and their impacts on strategic management are General Environment (Discontinuities) : Political Factors, Economic Factors, Sociocultural Factors, Technological Factors and Environmental Factors.
Specific Industry Environment : Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitutes, Threat of New Entrants
1. Discontinuities in the General Environment:
Discontinuities refer to significant shifts or changes in the external environment that can disrupt industries, markets, or societal norms. These shifts can be technological, social, economic, political, or environmental in nature. Understanding and responding to discontinuities is crucial for organizations to stay competitive and adapt to the changing landscape.
Impact on Strategic Management: Organizations need to be vigilant and proactive in identifying discontinuities and assessing their impact on their industry and operations. By monitoring trends and emerging technologies, organizations can identify potential disruptions and adjust their strategies accordingly.
2. Megaforces in the Industry Environment:
Megaforces, also known as industry forces or industry trends, are external factors that shape the competitive landscape within a specific industry. These forces are typically industry-specific and can have a significant impact on an organization's performance and strategic decisions. The concept of megaforces was popularized by Michael Porter's Five Forces Framework.
Impact on Strategic Management: Understanding the megaforces helps organizations assess their industry's attractiveness and competitiveness. By analyzing each force, organizations can identify areas of strength or vulnerability and develop strategies to gain a competitive advantage.
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i need HELP
Which of the following accurately describes a scen ario in which location and proximity to attractions might affect room rates?
A beach-front hotel in Virg inia charges triple the price for its rooms in June in comp arison to January.
A hotel allows travelers concerned about personal con tact to access rooms with an a pp instead of a key.
A hotel is very close to the main highway and is also walking distance from a met ro station.
Hotels glob ally dropped their prices and offered free cancellations during the CO VID-19 cris is.
A hotel allows travelers concerned about personal con tact to access rooms with an a pp instead of a key.
A scenario where the hotel's location and proximity to attractions might affect room rates is when a hotel is very close to the main highway and is also within walking distance from a metro station. Thus, Option (C) is correct.
Being close to the main highway makes the hotel easily accessible to travelers, while being within walking distance from a metro station provides convenience for guests using public transportation. Such advantageous locations can attract more guests, leading to higher demand for the hotel's rooms.
As a result, the hotel may charge higher room rates to capitalize on its strategic positioning. Additionally, the added convenience and time-saving benefits of staying near major transportation hubs and attractions justify the potential price adjustments.
Thus, Option (C) accurately, exemplifies how a hotel's location can play a crucial role in determining its room rates based on demand and value-added amenities.
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Which of the following accurately describes a scenario in which location and proximity to attractions might affect room rates?
A)A beachfront hotel in Virginia charges triple the price for its rooms in June in comparison to January.
B)A hotel allows travelers concerned about personal contact to access rooms with an app instead of a key.
C)A hotel is very close to the main highway and is also within walking distance from a metro station.
D)Hotels globally dropped their prices and offered free cancellations during the COVID-19 crisis.
Do you need a college degree to enter the military?
A. True
B. False
Answer:
B, false
Explanation:
What sections make up a balance sheet?
Assets
Capital
Liabilities
Owner's Equity
assets, liabilities, and equity.
Which situation best illustrates an effect of the law of demand?
A. A car company increases sales when incomes rise in a city.
B. More children go to a theme park after a competing park shuts
down.
C. Customers stop going to a restaurant after it raises its prices.
D. A shop orders more computers when their selling price increases.
The correct answer is C
Answer: C. Customers stop going to a restaurant after it raises its prices
Explanation: (apx)
In January 2020, Sunland Company, a newly formed company, issued 11600 shares of its $10 par common stock for $15 per share. On July 1, 2020, Sunland Company reacquired 1160 shares of its outstanding stock for $12 per share. The acquisition of these treasury shares decreased the number of issued shares. decreased total stockholders' equity. did not change total stockholders' equity. increased total stockholders' equity.
Answer: decreased total stockholders' equity.
Explanation:
First and foremost, we have to understand that the treasury stock account is regarded as contra entity account.
Therefore, with regards to the reacquisition of these treasury shares, thus will lead to a reduction in the total stockholders' equity.
Which of the following is not affected by a person's credit score?
OA. Federal income tax
O B. Apartment rent
OC. Ability to get a cell phone contract
O D. Credit card rates
how do u get arrested
Answer:
breaking the laws that's one way to get arrested, if that's what you are asking lol
Answer:
Basically anything that interferes with the law or disturbs peace
Explanation:
1)hurt someone.
2)Spray paint.
3)Punch someone.
4)Fight with officer.
5)Get out of control at school.
6)Get in a fight.
7)Steal a car.
8)Sell drugs.
9)Hit a police car and drive off.
10)Threaten to hurt yourself.
etc
Information management organizes data over time that will allow us to become more proficient in understanding data related to a company or business.
Below are the processes used to help organize information. Put these processes in order from the first step to the last.
= archiving information
= destruction of that information
= curation or organization of information
= dissemination or distrubuation of inforation
= collection of information
= storage of information
Answer:
=archiving information
Explanation:
1. Understanding opportunity cost
Before you started applying for college, a job recruiter offered you a full-time cashier position at a doctor's office, earning an after-tax salary of
$28,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including
tuition, supplies, and additional housing expenses, is $35,000.
You decide to go to college, probably because?
If you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including supplies, and additional housing expenses, is $35,000, You decide to go to college, probably because: you value a year of college at more than $53,000.
What is opportunity cost?Opportunity cost can be defined as the way in a person choose on alternative and forgone or leave the other one. Opportunity cost enables people to go for the best choice among several alternatives choices they have or the choice they felt they will derived more benefit from.
This scenario best illustrate opportunity cost based on the fact you have to forgone one alternative and choose the other which is valuing a year of college by turning down the employment offer.
Therefore we can conclude that this is an example of opportunity cost.
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What is the decision and reasoning of the Michael J French v. American Airlines- 2009 US dist. LEXIS 48654 (US district court Utah central division)
The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.
An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.
The case was handled in Utah's Central Division of the US District Court.
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Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
Presented below are the financial statements of Culver Corporation .
Culver Corporation
Comparative Balance Sheets
December 31
Assets 2022 2021
Cash $101,500 $58,000
Accounts receivable 58,000 40,600
Inventory 81,200 58,000
Property, plant, and equipment 174,000 226,200
Accumulated depreciation (92,800) (69,600)
Total $321,900 $313,200
Liabilities and Stockholders' Equity
Accounts payable $55,100 $43,500
Income taxes payable 20,300 23,200
Bonds payable 49,300 95,700
Common stock 52,200 40,600
Retained earnings 145,000 110,200
Total $321,900 $313,200
Culver Corporation
Income Statement
For the Year Ended December 31, 2022
Sales revenue $701,800
Cost of goods sold 507,500
Gross profit 194,300
Selling expenses $52,200
Administrative expenses 17,400 69,600
Income from operations 124,700
Interest expense 8,700
Income before income taxes 116,000
Income tax expense 23,200
Net income $92,800
Additional data:
1. Depreciation expense was $50,750.
2. Dividends declared and paid were $58,000.
3. During the year equipment was sold for $24,650 cash. This equipment cost $52,200 originally and had accumulated depreciation of $27,550 at the time of sale.
A. Prepare a statement of cash flows using the indirect method.
B. Compute free cash flow.
what is asset-backed security? in your own words.
Answer:
a debt obligation, like a loan or mortgages
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 65. Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn would like to maintain a 95% service level. z=1.65
a. What safety stock level do you recommend for BX-5?
b. What is the appropiate reorder point?
Answer:
A. 12 units
B. 77 units
Explanation:
A. Calculation to determine What safety stock level do you recommend for BX-5
Using this formula
Safety stock = Z * Standard deviation of demand
Let plug in the formula
Safety stock= 1.65* 7
Safety stock= 11.55 units
Safety stock=12 units (Approximately)
Therefore The safety stock level recommended for BX-5 is 12 Units
b. Calculation to determine What is the appropiate reorder point
Using this formula
Appropriate re-order point = Mean lead time demand + Safety stock
Let plug in the formula
Appropriate re-order point = 65 + 12
Appropriate re-order point = 77 units
Therefore the appropiate reorder point will be 77 units
What is a green thumb?
An ability to care for animals
An ability to climb trees
An ability to care for plants
An interest in the environment
Please help
Answer:
It is the ability to care for plants.
Explanation:
what is a marginal cost?