To calculate the re-order quantity, re-ordering level, minimum inventory level, and maximum inventory level, we need to consider the following formulas and information:
i. Re-order Quantity (EOQ):
EOQ = √[(2 × Annual Demand × Cost of Placing an Order) / Carrying Cost per Unit]
Given:
Annual Demand = Quarterly Requirement = 18,000 units
Cost of Placing an Order = N2,250
Carrying Cost per Unit = 12% of Purchase Cost = 12% of N300 = N36
Substituting the values:
EOQ = √[(2 × 18,000 × 2,250) / 36]
EOQ ≈ 750 units
ii. Re-ordering Level:
Re-ordering Level = Maximum Consumption × Maximum Lead Time
Given:
Maximum Consumption = 400 units per day
Maximum Lead Time = 20 days
Substituting the values:
Re-ordering Level = 400 × 20
Re-ordering Level = 8,000 units
iii. Minimum Inventory Level:
Minimum Inventory Level = Minimum Consumption × Minimum Lead Time
Given:
Minimum Consumption = 200 units per day
Minimum Lead Time = 8 days
Substituting the values:
Minimum Inventory Level = 200 × 8
Minimum Inventory Level = 1,600 units
iv. Maximum Inventory Level:
Maximum Inventory Level = Re-ordering Level + Re-order Quantity - 1
Substituting the values:
Maximum Inventory Level = 8,000 + 750 - 1
Maximum Inventory Level = 8,749 units
So, the calculated values are:
i. Re-order quantity ≈ 750 units
ii. Re-ordering level = 8,000 units
iii. Minimum inventory level = 1,600 units
iv. Maximum inventory level = 8,749 units
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On a demand graph, 'price' is on the Y-axis,
and 'quantity' is on the X-axis. When a
consumer is making more money, how does
the demand curve shift?
A. shifts to the right
B. shifts to the left
C. shifts up
Answer:
A
Explanation:
When the price of a commodity decreases, there will be increase in demand, and this will amount to more money for a consumer. and when this happen, the law of demand will be expressed in a way that the demand curve will move upward from right to left.
Please explain how to use the three cost-benefit analysis and evaluation criteria, present value criteria, internal rate of return, and benefit-cost ratio, to judge the feasibility of public plans.
Cost-benefit analysis and evaluation criteria, including present value criteria, internal rate of return, and benefit-cost ratio, are used to determine the feasibility of public plans. When assessing the feasibility of public plans, these three evaluation methods are utilized.
Cost-benefit analysis is an assessment tool that compares the benefits and costs of a project. It's utilized to determine if a project is economically feasible. To do a cost-benefit analysis, the project's projected costs and benefits are estimated. A project is considered feasible if the benefits outweigh the costs. Present value criteria are used to calculate the present value of future cash flows.
It is a crucial technique for determining whether a project is economically viable. Present value is computed by dividing the anticipated cash flow by the discount rate. A project is deemed feasible if the present value of its cash inflows is greater than the present value of its cash outflows.Internal rate of return (IRR) is the discount rate at which the net present value of the project is equal to zero. It's utilized to determine whether a project is worthwhile. A project is deemed feasible if the IRR is greater than the required rate of return.Benefit-cost ratio is utilized to evaluate a project's costs and benefits. The benefits of a project are divided by its expenses. A project is deemed feasible if its benefit-cost ratio is greater than one. The project's benefits must outweigh its costs in order for the ratio to be greater than one. The benefit-cost ratio indicates the degree to which a project's benefits exceed its expenses.Therefore, these are the three cost-benefit analysis and evaluation criteria that can be utilized to judge the feasibility of public plans.
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Q2: In 2006 the government of Philippines was running a large budget deficit. To correct this, it broadened its value added tax (VAT) base, increased the VAT rate and sought to reduce tax evasion (). It also cut back on government spending plans, including cancelling some road projects and some measures to reduce poverty (i!). These measures did reduce the budget deficit from 3% of GDP in 2006 to 1% of GDP in 2008. The government, however, was not successful in raising its economic growth rate from 4%. It was considering using both monetary and supply side policies in a bid to increase economic growth. Government spending in the Philippines usually forms more than a tenth of the country's aggregate demand but the government is keen to increase the proportion of investment in the country's aggregate demand. The table below shows some of the components of the Philippines' aggregate demand in 2008: Consumption 72% Exports 49% Government spending 12%
Imports 51% a. What is meant by a reduction in the budget deficit? b. What type of tax is value added tax? c. What impact will a cut in government spending have on aggregate demand? d. What percentage contribution did investment make to aggregate demand in 2008. e. Did the Philippines have a trade deficit or trade surplus in 2008? Explain your answer?
The government is either spending less, raising more revenue, or both, resulting in a smaller shortfall between what they spend and what they collect. Value Added Tax (VAT) is an indirect tax applied to the sale of goods and services. It is a consumption tax levied at each stage of production and distribution based on the value added at each stage. Reduced spending on projects and initiatives may lead to lower demand for goods and services, which can have a negative impact on overall economic activity. Investment made an 18% contribution to aggregate demand in 2008. This means that the country imported more goods and services than it exported, resulting in a negative net trade balance.
a. A reduction in the budget deficit means that the gap between government expenditures and government revenues has decreased. In other words, the government is either spending less, raising more revenue, or both, resulting in a smaller shortfall between what they spend and what they collect.
b. Value Added Tax (VAT) is an indirect tax applied to the sale of goods and services. It is a consumption tax levied at each stage of production and distribution based on the value added at each stage.
c. A cut in government spending will likely result in a decrease in aggregate demand, as government spending is a component of aggregate demand. Reduced spending on projects and initiatives may lead to lower demand for goods and services, which can have a negative impact on overall economic activity.
d. The percentage contribution of investment to aggregate demand in 2008 can be calculated by subtracting the other components from 100%. In this case, 100% - (72% + 49% + 12% - 51%) = 18%. Therefore, investment made an 18% contribution to aggregate demand in 2008.
e. To determine if the Philippines had a trade deficit or trade surplus in 2008, compare the value of exports and imports. In this case, exports were 49% while imports were 51%. Since imports exceed exports, the Philippines had a trade deficit in 2008. This means that the country imported more goods and services than it exported, resulting in a negative net trade balance.
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Assessment Questions
In What is Insurance
b Explain the following term in
Insure
premium
Explanation:
insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
premium an agreed payment for insurance
insure to protect something against unforseen risks like fire death etc.
Answer:
dch gang from BJP by v for Vendetta the intended recipient you are not the intended recipient you are not the intended recipient you are
Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
low-wage u.s. workers suffer from protectionism in all the industries that they don't work in, because:
Low-wage U.S. workers often suffer from protectionism in industries they do not work in because these policies can increase the cost of goods and services they rely on.
For example, tariffs on imported goods can drive up prices of everyday items such as clothing and electronics.
Protectionist policies can also limit opportunities for these workers to transition into higher-paying industries. When domestic industries are shielded from competition, they may not have to innovate or improve their processes, which can result in lower demand for labor.
Additionally, protectionism can harm the global economy and reduce demand for exports, which can negatively impact industries that employ low-wage workers.
Overall, protectionism may provide short-term benefits for certain industries, but it can have long-term negative consequences for the U.S. workforce, particularly those who are already struggling to make ends meet.
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An e-commerce application is using a fanout messaging pattern for its order management system. For every order, it sends an Amazon SNS message to an SNS topic, and the message is replicated and pushed to multiple Amazon SQS queues for parallel asynchronous processing. A Spot EC2 instance retrieves the message from each SQS queue and processes the message. There was an incident that while an EC2 instance is currently processing a message, the instance was abruptly terminated, and the processing was not completed in time. In this scenario, what happens to the SQS message?
rrafuiaafahfrffafafa
Explanation:
ffafafa
X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points
Answer:
The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare
BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
?????????????
Explanation:
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How do the events of the nation affect the national debt?
Answer: Growing debt has a direct effect on economic growth and the opportunities available to every individual in the country. If excessive levels of debt crowd out private or public or mutual investments in capital goods or works, workers would have less to use and get from their jobs, which would translate to lower productivity work and, therefore, lower wages in multiple aspects of the country's work done. High levels of debt would affect many other aspects of the economy in the future. For eq, higher interest rates result from increased borrowing from multiple agencies and invite under the various segments of college education house loan work loan. Less education and work opportunities will need skills up for various degrees and work to be followed under any scheme.
Explanation:
If we fail to act before a stipulated time the long time fiscal challenges will remain unaddressed and unchanged. The economic crisis and the overall economic environment weaken as confidence suffers, the access to capital funds gets reduced, interest costs crowd out key investments in our future, the conditions for growth deteriorate, and our nation is put at greater risk of economic crisis. If our long-term fiscal imbalance is not addressed, our future economy will be minimized, with fewer economic opportunities for families and workers down there in their own country.Feelings can be hurt by mutually respecting coworkers. Please select the best answer from the choices provided T F
Answer:
False
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
Basically, when coworkers or employees working in an organization have mutual respect for one another, it would help to tighten or strengthen the bond that exists in the workplace and as such improving their feelings for each other.
This ultimately implies that, feelings cannot be hurt by mutually respecting coworkers.
in what ways can erp (enterprise resource planning) software effectively assist supply chain managers? (select all that apply.)
Production tracking, Demand planning, Transportation managing and Inventory Replenishing ways can ERP (enterprise resource planning) software effectively assist supply chain managers.
How does ERP improve the efficiency of the supply chain?
ERP improves task scheduling, hence streamlining the supply chain. As a result, managers can see exactly which resources are being used and consumed in real time. They can schedule product delivery dates thanks to this. The optimal time to start production is when raw materials and inventories are all gone.
1) ERP systems are multi-module platforms that assist firms in managing their key operations. 2) ERP systems can now integrate supplier relationship management, customer relationship management, and other supply chain components. They now communicate with other partners in the supply chain.
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Before the launch of the Challenger, a dispute arose as to whether the launch decision should be a management or an engineering decision. What arguments could have been made that the decision should be based on management considerations?
Right contention is choice:- a)The basic issue was that the presentation of O-rings was corresponded with the temperature.
As a result, a serious problem arose when the scientists discovered that a lower temperature had harmed the reaction of rubber "O" rings. which had to be moved in order to seal the vehicle's parts into the solid rocket booster because the casing grew too big from the pressure of the rocket gases.
How hot is too hot for humans?
People frequently cite a 2010 study that estimated that the human body could no longer cool itself by evaporating sweat from the surface of the body above a wet-bulb temperature of 35 C, which is equivalent to 95 F at 100% humidity or 115 F at 50% humidity.
Is it warm or cold at 60 degrees?
Is 60 degrees Fahrenheit warm or cold, you might ask? 60 degrees is the middle temperature in many places. Since temperatures in the United States can range from below zero to over 100 degrees, 60 degrees falls somewhere in between.
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Full Question = Before the launch of the Challenger, a dispute arose as to whether the
launch decision should be a management or an engineering decision.
What arguments could have been made that the decision should be
based on management considerations?
a. The critical issue was that the performance of O-rings was correlated with
the temperature.
b. Engineers had no evidence that the insulating foam had damaged the
space vehicle.
c. There had never been evidence of blow-by leaking of the O-ring seals in
the past, and there was no reason to believe the seals would leak this
time.
d. NASA officials were unhappy with an initial recommendation not to launch,
and future business might have been at risk with another delay.
Instead of electing to annuitize the annuity, what is another common option chosen?
One common option chosen instead of electing to annuitize the annuity is to take a lump sum distribution.
This means that instead of receiving regular payments over time, the annuity holder receives a one-time payment of the accumulated funds in the annuity. This lump sum distribution gives the individual more control over their funds and allows them to use the money as they see fit, whether it be for investment, paying off debt, or other financial needs. It is a popular choice for those who prefer immediate access to the funds rather than a structured payout.
In conclusion, opting for a lump sum distribution from an annuity provides individuals with greater flexibility and control over their funds, allowing them to make immediate financial decisions based on their specific needs and goals.
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Advertisers who simply want to build awareness may purchase online advertising from small websites that sell ads directly. They are likely to use which performance measure?.
Advertisers who simply want to build awareness may purchase online advertising from small websites that sell ads directly. They are likely to use FANBASE.
Fanbase is a social networking platform with a subscription model that aids users in making money from the material they provide. The heart of your company is its workforce. Building connections with others encourages loyalty. Loyalty therefore has the potential to boost revenue.
Creating a fan base is a great approach to begin interacting with individuals who have similar interests. Positive marketing and consumer interaction tactics are effective because they sell. Fans' comments on your postings, however, are now more than just user-generated marketing materials. Users expect a brand reaction at this interactive user touchpoint, which is active. If you don't answer, you're actively losing money in addition to degrading the user experience.
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(1). Five {5} advantages of manual office equipment
(2). Five {5} disadvantage of manual office equipment
Advantages of manual office equipment:
Low cost
No electricity needed
Durable and reliable
Simple to use and maintain
Portable
Disadvantages of manual office equipment:
Time-consuming and physically demanding
Limited capabilities compared to electric equipment
Inaccurate results
Dependent on operator's skill
Not suitable for heavy-duty tasks
Apps Inc. promises to give stock options to Belden, a creative coder, for processes he has already designed. This promise is
The promise made to Belden by Apps Inc. to give stock options is unenforceable.
Enforceable and Unenforceable Contracts
For a contract to be enforceable, few conditions are required to be met. They are:
Written or Oral AgreementProper DetailsOffer and AcceptanceConsideration
When the above conditions are met then the contract is legally enforceable.
However, if the contract is based on an illusory promise or a promise made on a task that is already performed in the past then this type of contract is not enforceable.
As such in this case, the promise is being made for a job Belden has already designed. Therefore, this promise is unenforceable.
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what is the trend in individual and corporate income tax rates in the past 40 years?
Over the past 40 years, there have been several trends in individual and corporate income tax rates. In the United States, there have been several changes in the tax system, including several tax cuts, tax increases, and tax reforms.
For individual income tax rates, the trend has been toward lower tax rates. In 1980, the top marginal tax rate was 70%, but it was lowered to 28% in 1986. Since then, there have been several changes to the tax code that have lowered the top marginal tax rate even further. In 2017, the top marginal tax rate was lowered to 37%. For corporate income tax rates, the trend has also been toward lower tax rates. In 1980, the corporate tax rate was 46%, but it was lowered to 35% in 1993. Since then, there have been several changes to the tax code that have lowered the corporate tax rate even further. In 2017, the corporate tax rate was lowered to 21%. Overall, the trend in both individual and corporate income tax rates over the past 40 years has been toward lower tax rates. This has been driven by several factors, including changes in the political and economic environment, as well as efforts to promote economic growth and job creation. However, there have also been calls for tax reform and increased tax revenues in recent years, so it remains to be seen what the future holds for tax rates.
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Which critical thinking skill is used to gain new insight into your thinking?
Open-mindedness
Reflection
Curiosity
Evaluation
Information-gathering
Answer: Reflection
Explanation:
You can gain insight by asking a person to reflect and evaluate an experience and explain their thought processes during that time. This can help you develop your critical thinking by providing you real-world examples.
Social Security and Medicare taxes are two types of
taxes.
O A. employment
O B. sales
O C. property
D. income
Answer:
Income taxes
Explanation:
Those are two type of income taxes and i know this because my grandma gets those lololol..no joke though
Miriam and Devon are both upper-level managers, but have very different decision-making styles. Please name and describe in your own words four decision making processes that could be used to guide their decision making. In addition, provide and explain in your own words 10 ways in which their decision could, in general, be derailed or hindered, and explain each.
There are various decision making styles of managers, the 4 different kind of manager decision making styles are listed below,
1. Directive
2. Analytical
3. Conceptual
4. Behavioral
Each of these method depend on the style of manager and the situation he is facing.
The directive style decision making style is used for firm decision making, in which ideas are not appreciated by the juniors. This is an aggressive decision making style
Analytical decision making style is one which focuses on finding the best possible solution to the problems after considering all alternative solutions
Conceptual decision making style is one in which managers are achievement oriented and they wish to see brighter future.
Behavioral decision making style is one in which nature of manager is persuasive and he believes gathering ideas from colleagues before making a decision.
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In what ways does government typically intervene in the economy?
Governments can exercise power in the market in numerous ways. Typical techniques include: tax policy, Financial markets, and safeguard consumers, etc.
Governments can use tax policy to affect the economy by changing taxes and expenditure levels. Financial markets: Banks can use money supply to impact the economy by altering interest rates and now the money supply.
Policy: Governments can regulate many markets to achieve optimal competition and safeguard consumers. Governments can give firms and sectors subsidies to encourage development of the economy.
Public goods and services: To encourage economic development and social welfare, governments might offer public goods and services like infrastructure and education. Governments can safeguard home businesses and advance international commerce by enacting trade regulations like tariffs and quotas.
Government control of the economy can use both beneficial and bad consequences overall. It is crucial for decision-makers to thoroughly assess the possible effects of their decisions and work towards a balanced strategy that fosters both social welfare and economic growth.
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how can a reduction in taxation be used to influence aggregate demand
Answer:
shifting the aggregate demand curve to the right.
Explanation:
when costs to purchase inventory are falling over time, using lifo leads to reporting blank cost of goods sold and blank net income than fifo. multiple choice question. lower; higher higher; lower higher; higher lower; lower need help? review these concept resources.
Using LIFO instead of FIFO results in the reporting of lower cost of goods sold and higher net income when costs to purchase inventory are declining over time. So, the correct response for this question is option (a).
State the differences between LIFO and FIFO methods.In the inventory valuation method known as LIFO, the most recent stock of products is distributed first, as opposed to FIFO, which distributes the most recent stock of goods.The oldest stock is represented by LIFO, and the newest stock is represented by FIFO.The cost of products sold in LIFO displays the current market price. FIFO displays it through the cost of unsold stock.While there is no such restriction for FIFO, IFRS does not advise using LIFO to value inventories in accounting.When there is economic inflation, income tax shows the lowest amount possible using the LIFO technique, whereas it shows the highest amount possible using the FIFO method.While the FIFO approach will show a lower income tax during deflationary conditions, the LIFO method will show a bigger income tax amount.To know more about, LIFO and FIFO, visit :
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maria addai has been offered a future payment of $750 two years from now. if she can earn an annual rate of 6.5 percent, compounded daily, on her investment, what should she pay for this investment today?
Maria Addai should be willing to pay approximately $661.85 for this investment today in order to earn an annual rate of 6.5 percent, compounded daily.
To determine the present value of the future payment, we can use the formula for compound interest:
Present Value = Future Value / (1 + interest rate)^n
In this case, the future payment is $750, the interest rate is 6.5 percent (or 0.065 as a decimal), and the time period is two years.
Plugging in these values into the formula:
Present Value = $750 / (1 + 0.065)^2
Calculating the exponent and simplifying:
Present Value = $750 / (1.065)^2
Present Value = $750 / 1.135225
Present Value ≈ $661.85
Therefore, to secure an investment that yields a future payment of $750 two years from now, Maria Addai should be willing to pay an amount close to $661.85 today.
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American Airlines paid the television producer to be a part of the show. This is known as ...
I
In which book of original entry would you enter the following?
(a) Sales invoice
(b) Debit note-
(c) Cash sale-
(d) Purchase invoice-
(e) Credit note-
Some courts have held that employee handbooks create binding contract terms.
True
False
The statement that some courts have held employee handbooks create binding contract terms is true.
true.
in certain cases, courts have indeed held that employee handbooks can create binding contract terms between an employer and its employees. while the specific outcome can vary depending on the jurisdiction and circumstances, some courts have recognized that employee handbooks can give rise to contractual obligations. for an employee handbook to be considered a binding contract, several factors may be taken into account, including whether the handbook explicitly states that it creates contractual rights, whether the employer consistently follows the policies outlined in the handbook, and whether the employees reasonably relied on the provisions of the handbook. if these conditions are met, courts may interpret the handbook as a contract and hold the employer accountable for any breaches of the stated policies or obligations. however, it's important to note that not all employee handbooks are automatically considered binding contracts, as the legal interpretation may vary depending on the jurisdiction and specific circumstances of each case.
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If Ju Li used a(n) ___________ approach to screening and evaluation, she would have employees evaluate the technical feasibility of selling the additive in addition to its bottled water products.
external
strengths analysis
potential threats
customer-driven
internal
If Ju Li used an internal approach to screening and evaluation, she would have employees evaluate the technical feasibility of selling the additive in addition to its bottled water products.
This approach would involve assessing the company's resources, capabilities, and potential threats before making any decisions. By involving internal stakeholders in the screening and evaluation process, Ju Li can ensure that the company is well-positioned to take advantage of new opportunities and can mitigate any potential risks.The internal approach to screening and evaluation involves evaluating the company's strengths and weaknesses, as well as any potential threats that could impact its success.
By conducting a thorough analysis of these factors, Ju Li can make informed decisions about whether or not to pursue the sale of the additive alongside its bottled water products.Overall, using an internal approach to screening and evaluation can help Ju Li make informed decisions about the future of the company. By involving internal stakeholders in the process, she can ensure that the company is well-positioned to take advantage of new opportunities and can mitigate any potential risks.
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SOMEONE HELP QUICK PLS!!! Examine the credit terms below:
Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% introductory APR for 10 months. After that, your APR will be 10.99%, 15.99%, or 17.99%, based on your creditworthiness. This APR will vary with the market, based on the Prime Rate. What happens to the APR after 10 months?
A) It decreases to 0%.
B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
C)The credit terms do not specify how the rate will change.
D)There is no change to the interest rate.
Since the introductory APR is 0% from the beginning of the credit period till the 10th month, the APR after the 10th month B) increases to a variable rate of 10.99%, 15.99%, or 17.99%.
APR (Annual Percentage Rate) is the annual interest rate that applies to loans and other credit facilities, and it does not use the compounding interest principle.
The APR does not decrease to 0%, and the credit terms specify how the rate changes from the prime rate based on creditworthiness.
Thus, the APR is variable from the 10th month based on the individual's creditworthiness.
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Answer:
The answer is most likely B B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
I hope this helps and sorry for the wait