By performing the simulation, you can track how often the company runs out of stock before the shipment arrives and determine the impact on inventory levels.
To simulate the ordering process and determine how often the company runs out of stock before the shipment arrives, we will use the given random numbers (set 1 and set 2) to generate lead times and simulate daily demand. Here's how we can proceed:
Set up initial conditions:
Starting inventory: 32 units
Order quantity: To be determined based on the demand and lead time
Number of ordering periods: 2 (as stated in the requirement)
Simulate the ordering process:
For each ordering period:
Generate a random number from set 1 to determine the lead time:
If the random number is less than or equal to 0.2, set the lead time as 3 days.
If the random number is greater than 0.2 and less than or equal to 0.8, set the lead time as 4 days.
If the random number is greater than 0.8, set the lead time as 5 days.
Generate random numbers from set 2 to simulate daily demand during the lead time:
Sum the demand for each day of the lead time.
Subtract the demand from the inventory.
If the inventory drops below 0 at any point, count it as running out of stock before the shipment arrives.
Determine the order quantity for the next period (if needed) based on the desired inventory level of 32 units.
Repeat step 2 for the second ordering period.
Therefore, by performing the simulation, you can track how often the company runs out of stock before the shipment arrives and determine the impact on inventory levels.
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Would you be more likely to get solar panels on your home or an electric vehicle because of tax incentives? Why or why not?
Answer:
I would most likely do solar panels because the addition of a solar energy system to your home doesn't increase the assessed value of your home. As a result, your property taxes don't go up.
Explanation:
kellogg’s froot loops, general mills’ chex, and post honey bunches of oats are all examples of:___.
Kellogg's Froot Loops, General Mills' Chex, and Post Honey Bunches of Oats are all examples of breakfast cereals.
Breakfast cereals are a type of processed food that are commonly eaten as a breakfast meal. They are typically made from grains, such as wheat, corn, or rice, and are often fortified with vitamins and minerals. Breakfast cereals come in a variety of flavors and textures, and may be served with milk, yogurt, or fruit.
Kellogg's Froot Loops, General Mills' Chex, and Post Honey Bunches of Oats are all well-known brands of breakfast cereals that are sold in many countries around the world. Breakfast cereals are a popular and convenient breakfast option for many people due to their ease of preparation and long shelf life.
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The Federal Open Market Committee (FOMC) is made up of Multiple Choice the seven members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a rotating basis. the seven members of the Board of Governors along with the president of the New York Federal Reserve Bank. the seven members of the Board of Governors of the Federal Reserve System along with the three members of the Council of Economic Advisers. the chair of the Board of Governors along with the 12 presidents of the Federal Reserve Banks.
Answer:
the seven members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a rotating basis.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
The Federal Open Market Committee (FOMC) is comprised of the seven (7) members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a one-year term rotating basis. The FOMC are typically responsible for making monetary policy and the determination of the direction of the monetary policy in the United States of America.
I need help in this it’s personal finance
Answer:
it may personal finance
Explanation:
because it's is include personal site
A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the day are thrown away, and the bakery restocks the next day with new cakes, bringing the in-stock level up to five at the beginning of each day. If daily demand is greater than the five cakes in stock the bakery loses sales. The special cake sells for $32 and costs the store $10. The probability distribution of daily demand for the cake is as shown below daily demand - 0, 1,2,3,4,5,6,7 Px - 0.01, 0.02, 0.04, 0.06, 0.20, 0.60, 0.05, 0.02
Answer:
The answer is "$1.98".
Explanation:
calculating the profit per cake \(= \$32 -\$10 =\$22\)
\(\text{if demand}=6 , \ lose =\$22 \\\\\text{if demand}= 7,\ lose = \$44\\\)
Calculating E(profit lost):
\(=\$22 \times 0.05+ \$44 \times 0.02\\\\ =\$ 1.1+\$ 8.8\\\\=\$ 1.98\)
Which areas of culture need to be specifically addressed by marketers when developing a global marketing plan for their company’s products or services?.
The areas of culture that need to be specifically addressed by marketers when developing a global marketing plan for their company’s products or services is: time and punctuality, customs and taboos, religious beliefs and celebrations, values.
What is marketing?Marketing can be defined as the process of creating brands or product awareness so as to increase sales.
Hence, the areas of culture that need to be specifically addressed by marketers are:
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The price of oranges increase, and so consumers buy more strawberries. This is an example of what?
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what drives this shift in the quantity demanded.
What is Demand?Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is the name given to the relationship between price and quantity demand.
Also, consumers must be able to afford the items they want or need based on their budgeted disposable income.
Demand examines a market's price and purchases from the perspective of the customer. The principle of supply, on the other hand, emphasizes the viewpoint of the provider of the good or service.
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What's the importance of the formal and informal business sectors
Answer:
The informal sector represents a fundamental component of the economic structure of many developing countries.
Formal employment is government regulated, and workers are insured a wage and certain rights. Informal employment takes place in small, unregistered enterprises.
Explanation:
A new business should be based on an entrepreneur’s individual interests because the entrepreneur must:
A. Have sufficient confidence to succeed
B. Be willing to take personal responsibility
C. Have enough determination to work alone
D. Dedicate as many hours as needed to the work
Answer:
D. Dedicate as many hours as needed to the work
Explanation:
Have a nice day!! :)
Answer:
D
Explanation:
The international agency that administers trade agreements, facilitates trade negotiations, and helps to resolve trade disputes, is
The price of sugar that prevails in international markets is called the:.
The price of sugar that prevails in international markets is called the: Market futures price.
Market Futures priceThe price of any commodity, sugar inclusive is usually quoted in two different ways.
The first of which is the market or the market futures price, which is the price reported in the news and regarded as the global trading price for such commodity. The spot price, on the other hand, is the cash price of commodities. This is what traders actually use for such commodity on the day of purchase.
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Yael just turned 18 and has started getting money from her grandmother. For the next decade, payments will come in on a regular basis if she fulfills certain obligations. What is most likely happening?
A. Yael has been named the executor of a trust.
B. Yael is receiving assets from a trust set up by her grandmother.
C. Yael has named her grandmother as a beneficiary of her will.
D. Yael created a trust to give assets to her grandmother.
The event that most likely to happen with the Yael that had come to an age is that the Yael is receiving assets from a trust set up by her grandmother.
What is trust?A trust is a legal arrangement in which the owner of a right transfer it to another person or entity, who is obligated to keep and use it solely for the benefit of another.
In the given case, Yael just turned 18 and has started getting money from her grandmother, and she is receiving the payments on a regular basis if she fulfills certain obligations.
The situation is best described as the object of trust, as the grandfather passed the asset to Yael with an agreement.
Therefore, option B is correct.
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how do I start a business? It has to be a physical business cuz I wanna open a boba shop
My mom says I should take business classes but I am impatient and I wanna know
Answer: The first when starting a business is knowing what the business is going to be about
Explanation: You made it clear that you want to open a physical store. But before opening a store is important for you to know some basic stuff. Your mom is right about taking some business class and while you take them you can also open the store, which is a learning proccess that never ends.
When opening a store you need to be clear how your product or services is going to help or be a way for people to entertain or enjoy. When you are clear about it you have to think about putting the store in a place that you know you are going to get good visibility. Also, you are going to work on the marketing side and you can do this online creating ads for people to go and see your store.
When you are clear about the ubication and the ways of how to make people come to your store, you need to also think about the design. The type of product that you want to sell needs to have an attractive design that catches people's eyes.
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The table presents the percentage contribution of sectors to the total gross domestic product of six countries for 2015. Which two of these countries are the least developed?
a. Brazil
b. Canada
c. Chad
d. Germany
e. Japan
f. Somalia
Somalia and Chad are two of these nations with the lowest levels of development. As a result, choices (C) and (F) are appropriate.
A significant trading hub in antiquity was Somalia. It is one of the locations of the former Land of Punt that is most likely to exist. The Ajuran Sultanate, the Adal Sultanate, and the Sultanate of the Geledi were among the strong Somali dynasties that ruled the region's trade during the Middle Ages.
Late in the 19th century, both the Italian and British Empires colonized Somali Sultanates including the Isaaq Sultanate and the Majeerteen Sultanate. Italian nations Somaliland and the British Somaliland Protectorate were the two colonies created by European colonists from the merging of the tribal lands.
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How will taxation influence the circular flow model
Answer:
TMS
Explanation:
Taxes (T) imposed by the government reduced the flow of income.
Money paid to foreign companies for imports (M) also constitutes a leakage.
Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.
Which is an example of acceptable consideration in a contract?
OA. Property
O B. Love
OC. Friendship
D. Thoughtfulness
Answer:
A. Property
Explanation:
Everything else is an emotional and or thought and not measurable like property is; therefore, acceptable consideration is property.
Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost
Answer:
C. charge a price greater than marginal cost charge a price greater than marginal cost
Explanation:
A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.25 points, Why are certain brands global? 3-4 sentences, please.
Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.
Explanation:
Olivia joined her father's accounting firm after graduating from college with a degree in accounting. Her father is excited that she specialized in learning how to provide information and analysis from within the organization to help operate the business. What is Olivia's field of accounting called?
Olivia's field of accounting is called managerial accounting.
Managerial accounting is the process of providing financial and non-financial information to management to help them make informed decisions that will improve the organization's efficiency and effectiveness. It involves analyzing data, identifying trends, and providing recommendations to help management make strategic decisions that align with the organization's goals and objectives. Managerial accountants use various tools and techniques, such as cost accounting, budgeting, and performance analysis, to provide information that supports management decision-making.
In Olivia's case, her father is excited that she specialized in this area because it is crucial for the success of any business, and having a skilled and knowledgeable managerial accountant like Olivia can greatly benefit the accounting firm.
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When making decisions, managers should consider all relevant benefits and relevant costs, which include: (Check all that apply.) Multiple select question. incremental costs. opportunity costs. historical costs. out-of-pocket costs. sunk costs.
Answer:
opportunity costs, incremental costs, out-of-pocket costs
Explanation:
The cost of the following finest possibility that is sacrificed is referred to as the opportunity cost. These are important considerations while deciding between two alternative options.The costs that the firm pays out of pocket are known as out of pocket charges. These are important considerations while making a judgment
The variation in costs between two decisions is referred to as incremental costs. All of these are important in making decisions.
Mainstreet is engaged in a large project that proposes to redevelop an area that will impact two separate neighborhoods, neighboring retail businesses, and restaurants. It will also affect the traffic flow of two busy streets. Mainstreet estimates there are at least 30 key stakeholders that may influence this project. How many communication channels will Mainstreet have to manage? 15 435 1,030 90
The correct option is B. Mainstreet will have to manage 435 communication channels with the 30 key stakeholders involved in the project.
calculate the number of communication channels as n(n-1)/2, where n is the number of stakeholders.
Plugging in n = 30, we get:
30(30-1)/2 = 435
Stakeholders in humanities refer to individuals or groups who have a vested interest or concern in the study, practice, or application of the humanities. The humanities are academic disciplines that study human culture, history, language, and philosophy, among other areas.
Stakeholders in humanities include scholars, researchers, educators, students, cultural institutions, government agencies, nonprofit organizations, and the general public. Each of these stakeholders has a unique role and perspective in advancing the humanities, whether it's through research, teaching, preservation, or dissemination of knowledge. For example, scholars and researchers in humanities are stakeholders who contribute to the development of new theories and knowledge in their respective fields, while educators and students are stakeholders who benefit from this knowledge and apply it in their teaching and learning.
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Dylan invested $7,200 in an account paying an interest rate of 2. 3% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 12 years?.
The future value of the investment after 12 years will be $9,481.
What is future value?The future value of an investment is its value at a future date. It is obtained by multiplying the present value of an asset by its growth rate raised to the number of periods for the investment.
We can compute the future value of an asset with this model:
FV = PV(1+r)^n
where:
FV = future value
PV = present value
r = annual interest rate
n = number of periods interest held
We can also compute the future value by inputting the variables on an online financial calculator as follows:
Data and Calculations:Investment amount = $7,200
Compound interest rate = 2.3% quarterly
Period of investment = 12 years
N (# of periods) = 48 (12 x 4)
I/Y (Interest per year) = 2.3%
PV (Present Value) = $7,200
PMT (Periodic Payment) = $0
Results:
FV = $9,481.01
Total Interest $2,281.01
Thus, the future value of the investment after 12 years will be $9,481.
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why is it important to force the trendline of the standard curve through the origin (0,0) in the data analysis? (hint: why would the trendline not pass through the origin without you forcing it?)
In the data analysis, it is crucial to drive the standard curve's trendline through the origin (0, 0) when c = 0 and A is also 0.
The definition of absorbance is the measurement of a substance's capacity to absorb light.
According to Lambert's law, a material's absorbance (A) is inversely data analysis correlated with its thickness or path length (l).
(1) The relationship between a material's absorbance (A) and concentration (c).
(2) After removing the proportionality sign, a constant called molar standard curve absorptivity or molar extinction coefficient is inserted.
……
Beer-law Lambert's is referred to as equation (3).
Beer-law Lambert's therefore asserts that a material's absorbance (A) is data analysis directly proportional to its thickness or path length (l) and concentration (c).
In light of this, absorbance will also be 0 if concentration is.
Because absorbance and concentration are inversely correlated, it is data analysis crucial to draw the trendline of the absorbance vs. concentration plot through the origin. There will be no absorption if there is no concentration.
The trendline in the absorbance vs. concentration figure should be your main focus.
Beer's law illustrates how concentration and absorbance are directly data analysis related. This implies that no light will be absorbed when concentration is zero, and this is always the case.
The straight-line equation may alter if the point (0,0) is "forced" to be standard curve included to the absorbance vs. concentration plot, but it will be more accurate if the theory supporting 0,0 is true.
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Drag the tiles to the boxes to form correct pairs.
Match the different. brainstorming techniques to their applications
Note that the Brainstorming Techniques matched to one another are given as follows:
Clustering - connecting ideas for a topic using different shapes and color-coding to identify how the ideas are relatedThree perspectives - describing the topic, tracing its history, and examining its connections with related topicsFreewriting - writing down first thoughts on a topic in a timed session. without pausing to check for relevance or grammarWhat are brainstorming techniques?The most essential thing to remember with any approach of brainstorming is to prioritize quantity above quality. Accepting all ideas, no matter how ridiculous or unimportant they may appear, aids brainstorming.
The aim is to establish a large enough pool of ideas from which to draw or combine ideas for the best solution or approach.
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When interviewing, you should always try to lean towards the more formal side. In general, you would want to dress one step higher than those who currently work there
Answer: False, it'll be right to appear moderate and coperate
Explanation:
When attending interviews it's advised you put on your best behavior and look good. It won't be encouraging to out-dress the existing workers, it won't speak fantastic to dress better bit it's required to look good and moderate
the study of economics is primarily concerned with:
Answer:
Choices that are made in seeking the best use of resources.
Explanation:it can be said that economics is primarily concerned with scarce commodities and resources
Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising
Answer:
Human resources
Explanation:
Which part of the purchasing process includes the sum of money due in
payment for the goods?
A. Invoice
B. Payment
C. Requisition
D. Shipping
ANSWER: A. Invoice
Explanation:
it is a document given by the supplier,which contains
information on the quality,PRICE of goods sold
also date
well this is what ik,so hope it helps ig
Answer:
in voice
Explanation:
Capitalization of interest for the construction of long-lived assets is limited to interest arising from actual borrowings fromA. owners.B. stockholders.C. outsiders.D. the board of directors.
To capitalize interest related to the construction of long-lived assets, it is necessary to have actual borrowings from outsiders, such as banks or bondholders, that can be directly linked to the cost of the asset being constructed.
The capitalization of interest is an accounting practise in which interest expenses incurred throughout the building of long-lived assets are added to the asset's cost rather than expensed in the period in which they are incurred. This leads in a greater asset cost, which is subsequently depreciated throughout its useful life, rather of the interest expenditure immediately reducing the company's profit in the period in which it is incurred.
However, interest can only be capitalised if it is derived from actual borrowings, such as loans or bonds issued by the company. This means that only interest expenses incurred as a result of outside borrowings can be capitalised, not interest expenses incurred as a result of internal sources of financing, such as capital contributions from owners or stockholders.
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The correct answer is C. The capitalization of interest for the construction of long-lived assets is limited to interest arising from actual borrowings from outsiders, meaning individuals or entities outside of the company or organization undertaking the construction project.
Capitalization of interest refers to the practice of including interest expenses in the cost of a long-term asset, such as a building or piece of equipment, instead of expensing them immediately. This helps to better match the expenses with the revenue generated by the asset over its useful life.
However, not all interest expenses are eligible for capitalization. Only interest expenses arising from actual borrowings for the construction project are eligible, while interest expenses arising from other sources such as loans from owners or stockholders are not eligible for capitalization. This is because borrowing from outsiders provides a more objective measure of the actual cost of financing the construction project.
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hurricane katrina destroyed oil and natural gas refining capacity in the gulf of mexico which subsequently drove up natural gas, gasoline, and heating oil prices. three years later, once the refining capacity was restored, these prices came back down. the restoration of refining capacity should
The restoration of refining capacity in the Gulf of Mexico following the destruction caused by Hurricane Katrina was a critical factor in bringing down natural gas, gasoline, and heating oil prices. The loss of refining capacity caused a significant reduction in supply, leading to an increase in prices due to a shortage of products.
This increase was further exacerbated by the high demand for fuel and energy during the recovery period after the hurricane. However, as refineries were rebuilt and brought back online, the supply of natural gas, gasoline, and heating oil began to increase, which in turn led to a decrease in prices.
The increase in refining capacity allowed for greater production and distribution of energy products, ensuring that supply met demand and prices stabilized. Overall, the restoration of refining capacity was a critical step in bringing prices back down to pre-hurricane levels and ensuring that consumers had access to affordable energy products.
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