Assuming customers can be held in the economic order quantity model:
a. What is the average time it takes to meet the demand for one product?
b. What is the ratio of the number of products held to total sales?

Answers

Answer 1

a. The average time it takes to meet the demand for one product in the economic order quantity (EOQ) model is equal to the order cycle time.

b. The ratio of the number of products held to total sales in the EOQ model is equal to the inventory turnover ratio.

a. In the EOQ model, the order cycle time represents the time between placing an order and receiving the next order. Since the EOQ model aims to minimize holding and ordering costs, the order cycle time is optimized to meet the demand for one product efficiently.

b. The inventory turnover ratio is a measure of how quickly a company sells its inventory. In the EOQ model, the optimal order quantity is determined to minimize holding costs, which means the number of products held in inventory is closely managed. The ratio of the number of products held to total sales indicates how many times the inventory is turned over within a specific period, reflecting the efficiency of inventory management.

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Related Questions

What is something that will not help you get a higher credit limit?

A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)

Answers

Maxing out the credit card and only making the minimum payment each month  is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.

If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.

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which is a form of Malware?

a :clickjacking
b: spam
c:cookies
d: trojan horse

Answers

Answer:

D. Trojan Horse, nice to know some computer lab info of mine didn't go to waste

Explanation:

Someone please help will mark as brainliest

Someone please help will mark as brainliest

Answers

Answer:

1. B

2. D

3. C

4. A

Explanation:

Happy Holidays :)

what are the major components of a business operating plan?​

Answers

Answer:

capital

investors

knowledge in field

TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate

Answers

Answer: Lower interest rate are better. Higher interest rate is worse

Explanation:

A lower interest rate is better when borrowing money through credit cards or loans. You will be paying less. High interest rates are only good when you are the lender.

what's the difference between Utility and Marginal Unility?​

Answers

Answer:

One is large the other is small

Explanation:

What are the 4 ways banks make money?.

Answers

Despite the fact that banks are privately owned and profit-oriented businesses, public authorities have long acknowledged the significance of banking.

How do banks generate revenue?The spread, or the difference between the interest rates they pay on deposits and the interest rates they get on loans they make, is how they generate revenue.On the securities they own, they receive interest.For consumer services including checking accounts, financial planning, loan servicing, and the sale of other financial goods, they are compensated (e.g., insurance and mutual funds).borrowing funds from other banks or from customers who deposit money at the bank.

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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Jimmy Langenberger is the president of TemPro, Inc. , a company that provides temporary employees for not-for-profit companies. TemPro has been operating for five years; its revenues are increasing with each passing year. You have been hired to help Jimmy analyze the following transactions for the first two weeks of April: a. Billed the local United Way office $ 23,500 for temporary services provided. B. Paid $ 3,005 for supplies purchased and recorded on account last period. C. Purchased supplies for the office for $ 2,600 on account. D. Purchased a new computer for the office costing $ 3,800 cash. E. Placed an advertisement in the local paper for $ 1,400 cash. F. Paid employee wages of $ 11,900. Of this amount, $ 3,800 had been earned by employees and recorded in the Wages Payable account in the prior period. G. Issued 3,000 additional shares of common stock for cash at $ 45 per share in anticipation of building a new office. The common stock had a par value of $ 0. 50 per share. H. Received $ 12,500 on account from the local United Way office for the services provided in (a). I. Billed Family & Children's Service $ 14,500 for services rendered. J. Purchased land as the site of a future office for $ 10,000. Paid $ 3,000 cash as a down payment and signed a note payable for the balance. K. Received the April telephone bill for $ 1,950 to be paid next month.

Required:

For each of the transactions, prepare journal entries. Be sure to categorize each account as an asset (A), liability (L), stockholders' equity (SE), revenue (R), or expense (E)

Answers

Billed the local United Way office $ 23,500 for temporary services provided. Thus, option A is correct.

What is credit union?

Credit union is defined as a non profit money making cooperative in which the members of that particular group can ask to borrow money from the funds available at that time with very low rate of interest. The credit union is a non profit institution but bank is a for the profit institution.

The main difference between a bank and a credit union will be that the credit union is a non profit institution but bank is a for the profit institution.

Therefore, Billed the local United Way office $ 23,500 for temporary services provided. Thus, option A is correct.

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The data in the table shows the price and quantity supplied for exercise balls. Using the Midpoint Method, what is the price elasticity of supply from point C to point D ? Note: Remember to take the absolute value of the result and round to the nearest hundredth. If using a calculator, rounding should be done at the end of your calculation.
Point Price Quantity
A $30 10,000
B $32 10,100
C $34 10,200
D $36 10,300
E $38 10,040

Answers

The information in the table displays the cost and volume of available workout balls. The price elasticity of supply from point C to point D, calculated using the midpoint method, is 0.17074.

What is the supply-side formula for price elasticity?

Price elasticity of supply is a measure of an item or service's responsiveness to supply following a change in its market price. According to fundamental economic theory, a good's supply will increase as its price rises. On the other side, as a good's price increases, its supply will decrease.

The percentage change in supply that results from a percentage change in price is hence known as the price elasticity of supply. The formula for the price elasticity of supply looks like this: The price elasticity of supply is defined as % change in quantity supplied/% change in price.

The formula below gives the price elasticity of supply between two places using the midpoint method:

Price elasticity of supply = \(\frac{(Q_{2} - Q_{1}) / (Q_{2} + Q_{1}) /2 }{(P_{2} - P_{1}) / (P_{2} + P_{1}) /2 }\)

Where:

Q2 is the amount delivered at point 2= 10,300

Q1 represents the amount delivered at point= 10,200

The price at point two is P2= $36

The price at point 1 is P1= $34

Price elasticity of supply= \(\frac{(10,300 - 10,200) / (10,300 + 10,200) /2 }{(36 - 34) / (36 + 34) /2 }\)

                                        = \(\frac{0.00244}{0.01429}\)

                                        = 0.17074 < 1 (inelastic)

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which one of the following states that investors cannot consistently earn positive excess returns?

Answers

The Efficient Market Hypothesis (EMH) is the theory that states that investors cannot consistently earn positive excess returns. Therefore Option C is correct.

What is Efficient Market Hypothesis (EMH)?

The Efficient Market Hypothesis (EMH) is a hypothesis in financial economics that asserts that financial markets are "informationally efficient." It implies that the current market prices always reflect all available information and, as a result, investors cannot consistently earn positive excess returns.

According to the EMH, the stock market is like a random walk that is unpredictable and hard to forecast. It implies that new information is instantly reflected in the current stock prices, making it impossible to earn a consistent excess return over time. Therefore, any effort to outperform the market is futile under this hypothesis.In conclusion, the Efficient Market Hypothesis (EMH) states that investors cannot consistently earn positive excess returns.

Therefore Option C is correct.

Complete question is as follows-

1. Which one of the following states that investors cannot consistently earn positive excess returns?

A. market return hypothesis

B. current market hypothesis

C. efficient market hypothesis

D. risk-return theory

E. excess theory

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are good oppurtunities always spotted quickly or they often left unrecognized ?

Answers

Answer:

often left unrecognised

Answer:

Spotted quickly

Explanation:

to my brother jayjay

to my brother jayjay
to my brother jayjay

Answers

hahahahahhaha

that is very funny i am laughing so hard i am crying

What type of market model is wheat farm?

Answers

Answer:

competitive

Explanation:

The market for wheat is often taken as an example of a competitive market because there are many producers, and no individual producer can affect the market price by increasing or decreasing its output. For this reason, each farmer takes the market price as predetermined.

Answer:

Competitive

Explanation:

The market for wheat is often taken as an example of a competitive market, because there are many producers, and no individual producer can affect the market price by increasing or decreasing his output. For this reason, each farmer takes the market price as predetermined.

Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?

Answers

How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).

How much entertainment, compounded annually, would it take to double a fund in six years?

You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.

What hobby costs how much per year if you want to double your money in three years?

How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).

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what is the impact of atm on banking sector? ​

Answers

Answer:

Explanation:

ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required

ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.

Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.

With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.

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The
management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new
machinery that would double the production. In the given scenario, the management is in the process of planning the
of the company
operating budget
Ofinancial budget
Omarketing budget
Ostatic budget

Answers

Answer: operating budget

Explanation:

In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.

The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.

Analyse two effects on the restaurant's break even analysis of introducing the proposed new menu

Answers

A firm can determine the minimal sales volume necessary to avoid losses by using break-even analysis.

Break-Even Point = Total Fixed Costs ÷ (Total Sales - Total Variable Costs ÷ Total Sales)

What is break-even analysis?

A small-enterprise accounting method called "break-even analysis" can be used to estimate when a firm, or a novel item or service, would become successful. The number of goods or services you must sell to at least pay your production expenses is calculated from a financial perspective.

Simply said, break-even analysis enables you to identify the point at which your company, or a new product or service, will become profitable. Investors also use it to identify the moment at which they will recover their investment and begin to profit.

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most people need ____ minutes of exercise per day for weight management.

Answers

Most people need 30-60 minutes of exercise per day for weight management.Exercise has numerous health benefits, including weight loss. To attain an ideal body weight, one must exercise regularly.

Most people need to do moderate-intensity aerobic exercise for a minimum of 30 minutes every day to maintain their weight, and the majority of them need to perform 60 minutes or more per day for optimal weight loss and weight management.Exercise promotes weight loss and aids in the maintenance of a healthy body weight by increasing metabolism, which helps to burn more calories. Additionally, regular physical activity strengthens the muscles and improves overall health, including reducing the risk of various chronic diseases.

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What element of the marketing mix has a unique role in that it is the place where all other business decisions come together?.

Answers

The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place

What is marketing mix?

The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.

Elements of marketing mix include:

PlacePricePromotionProduct

Hence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.

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shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions of dollars, at various interest rates. What is the equilibrium interest rate and quantity in the capital financial market

Answers

Answer:

7% and 135

Explanation:

The computation of the equilibrium interest rate and the quantity is shown below:

As we can see in the attached figure that at the interest rate of 7% the Qd is equivalent to Qs i.e 140

And when it the interest rate is 8% the quantity of lending is 145 and the quantity of borrowing is 135 that decreased the quantity of lending by 140 to 135 so we considered the 135

shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions

Should a business email contain a salutation?

Answers

Answer:

A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)

the primary concerns when first starting your business are:

Answers

The primary concerns when first starting your business are: financing and planning

What activities are FBLA-PBL members most likely to participate in?

Answers

Answer:

FBLA-PBL members most likely to participate in business competitions and leadership conferences.

Answer:

leadership conferences

business competitions

Explanation:

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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Which of the following institutional structures promote and sustain modern economic growth? Multiple select question. Patents and copyrights giving inventors and authors the exclusive right to market and sell their creations for a period of time A system of tariffs and complete government autonomy promoting domestic production and positive net exports Strong property rights that give citizens the right to own investments and property Financial institutions that channel the savings generated by households toward businesses, entrepreneurs and inventors Widespread education for the workforce that will promote new technology innovations and implementation

Answers

Answer:

47

Explanation:

40?

The insitutional structures that promted the economic growth should be

Financial institutions A competitive market systemPatents and copyrightsStrong property rights Widespread education Promotion of the institutional structures for the economic growth:

The financial insitutions where the saving should be produced by the household for the inventors, businesses, etc. There should be the market system i.e. competitive in nature where the prices & profits represent the signals for how to make and what to make. The patent & copyrights provides the inventors the right for sell the creations. There should be strong property rights where the citizen has the right for their investment and property. And, there should be enough education for the working class so that the innovation related to the technology should be promoted.

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which of the following will terminate a contract? a contract cannot be terminated. the agreed to amendment of a contract assignment of the contract abandonment of the contract

Answers

A contract can be terminated through the agreed-to amendment, assignment, or abandonment of the contract.

A contract is a legally binding agreement between two or more parties that sets out the rights and obligations of each party. While contracts are typically intended to be fulfilled according to their terms, there are circumstances under which a contract can be terminated.

One way to terminate a contract is through the agreed-to amendment. Parties can modify or alter the terms of the contract by mutual agreement, which may include provisions for termination or cancellation.

Another method of contract termination is through the assignment of the contract. If one party transfers their rights and obligations under the contract to another party with the consent of all parties involved, the contract may be terminated as the assignee assumes the contractual responsibilities.

Additionally, a contract can be terminated through abandonment. If all parties involved in the contract mutually agree to cease performance and abandon the contractual obligations, the contract can be terminated.

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Each year, the Internal Revemue Service odjusts the value of the standard deductions based on intlation (and rounds to the nearest $50. In a recent year, if the exemption was worth $12.550 and inflation was 3.90 petcent what would be the amount of the exemption for the upcoming tax year? Note: Round your finol answer to the nearest $50.

Answers

the amount of the exemption for the upcoming tax year, rounded to the nearest $50, would be $13,050. The Internal Revenue Service (IRS) adjusts the value of the standard deductions annually based on inflation, rounding to the nearest $50.

Given an exemption worth $12,550 and an inflation rate of 3.90 percent, we need to calculate the amount of the exemption for the upcoming tax year, rounded to the nearest $50. To determine the amount of the exemption for the upcoming tax year, we need to apply the inflation rate to the current exemption amount. First, we calculate the inflation adjustment by multiplying the current exemption amount ($12,550) by the inflation rate (3.90 percent). This gives us an adjustment of $489.45.

Next, we add the adjustment to the current exemption amount to obtain the adjusted exemption value. Adding $489.45 to $12,550 gives us $13,039.45. Since the IRS rounds the value to the nearest $50, we round $13,039.45 to the nearest $50, which is $13,050. Therefore, the amount of the exemption for the upcoming tax year, rounded to the nearest $50, would be $13,050.

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Which position in a business manages cash and cash equivalents?


-financial accountant
-controller
-cost accountant
-treasurer

Answers

Answer:

Financial Accountant

Explanation:

According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?

Answers

Answer:

According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.

Explanation:

The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.

Answer:

The wage rate for that job will be pushed down.

Explanation: I just took the test and got it right

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