Answer:
B. The sales tax you pay when you fill your car up with gas is regress
Explanation:
Gasoline tax is regressive because everyone regardless of their income level pay the same amount of tax per gallon of gas purchased. A progressive tax means that people that have higher incomes will pay a higher tax rate, for example, federal income taxes. Every flat tax (same percentage for everyone) is regressive.
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
Is ExxonMobile a product or service company
How do you make realistic goals?.
Prior to making a commitment, take some time to think about your goals. Write down your SMART (specific, measureable, attainable, relevant, and time-bound) goals so they feel real to you.
What is realistic goals?Effective goal-setting starts with setting achievable objectives. Anything you can imagine and do without depending on circumstances outside of your control is an achievable objective. There is a very good possibility that you will succeed in your goals if you adhere to this rule.
well-defined, unambiguous, and well-defined. Measurable: With precise standards that track your advancement toward the achievement of the objective. Achievable: Reachable and not insurmountably difficult. Realistic: Achievable, practical, and pertinent to your life's purpose.
Setting clear, doable objectives will help you stay focused. You'll be more inspired to keep moving forward as you get closer to your goal. And the more determined you will be to finish it.
To learn more about realistic goals refer to:
https://brainly.com/question/1533289
#SPJ4
A factory is considered what type of resource?
land
labor
physical capital
human capital
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
For more question on infrastructure visit:
https://brainly.com/question/28033600
#SPJ8
The association stradegy is used to_________information
Answer:
The association strategy is used to help memorized information.
Explanation:
A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.
In an economic slowdown,Keynesian economic policy would advocate increasing __________.
A)taxes
B)government spending
C)the unemployment rate
D)interest rates-
In an economic slowdown, Keynesian economic policy would advocate increasing government spending.
Keynesian economics is an economic theory developed by economist John Maynard Keynes, which suggests that during periods of economic downturn or recession, government intervention through fiscal policies can help stimulate economic growth and stabilize the economy. According to Keynesian theory, increasing government spending is one of the key policy measures that can be implemented to counteract the negative effects of an economic slowdown.
By increasing government spending, the theory posits that the aggregate demand in the economy will rise. This increased demand can lead to increased production, job creation, and overall economic activity. The idea is that government spending can fill the gap left by reduced private sector spending and investment during an economic slowdown, providing a boost to the economy.
To learn more about economic policy follow:
https://brainly.com/question/30104789
#SPJ11
Elena is a sales manager who encourages her employees through motivation to be committed to and a part of the shared vision of the organization. Elena is demonstrating which factor of transformational leadership
The factor of transformational leadership that Elena is demonstrating here is the inspirational motivation.
What is transformational leadership?This is the leadership approach that is used to effect changes in the life of people and also the society in general.
This is the form of leadership that Elena is said to engage in by motivating the workers to be a part of the vision of the business.
Read more on motivation here:https://brainly.com/question/6853726
If the marginal income is 5000 and the marginal popensity to save is 0.30 savings is?
In conclusion, if the marginal income is 5000 and the marginal propensity to save is 0.30, the savings would amount to 1500.
The marginal propensity to save (MPS) refers to the proportion of additional income that is saved rather than spent. In this case, the MPS is given as 0.30.
To calculate the savings, we multiply the MPS by the marginal income. Given that the marginal income is 5000, we can calculate the savings as follows:
Savings = MPS * Marginal Income
= 0.30 * 5000
= 1500
Therefore, the savings would be 1500.
In conclusion, if the marginal income is 5000 and the marginal propensity to save is 0.30, the savings would amount to 1500.
To know more about marginal visit:
https://brainly.com/question/28481234
#SPJ11
levi strauss was strongly praised when it announced it was leaving china in 1993 because of the country's poor human rights record. however, china is also an inexpensive place to manufacture clothing, and in spite of its announcement, levi did not stop making clothing in china. what type of facility location factor was most likely instrumental in levi deciding to continue operating its facility in china?
If in spite of its announcement, levi did not stop making clothing in china. The type of facility location factor that was most likely instrumental in levi deciding to continue operating its facility in china is: availability of production inputs.
What is facility location factor?Facility location factor can be defined as the factors of production that a company must put into consideration when producing or manufacturing their products.
Most companies tend to look into all factor of production and check if they will have a positive or negative effect on them when they produce their product . Example is checking if the location they are is the right location for them as well as the value the location will tend to add to them if they produce their goods in the location such as gaining access to buyers, cost of transportation etc.
Therefore the availability of production inputs is a facility location factor.
Learn more about facility location factor here:https://brainly.com/question/13208100
#SPJ1
Define the six (6) updated indicators of national culture as defined by Hofstede. Apply them to a comparison of Australia and India.
These indicators provide a framework to understand and compare the cultural differences between Australia and India. However, it is important to note that cultural values can vary within a country, and individual differences also exist within cultures.
The six updated indicators of national culture, as defined by Hofstede, are:
1. Power distance: This indicator measures the extent to which power is distributed unequally in a society. In countries with high power distance, there is a greater acceptance of hierarchical structures, while countries with low power distance strive for equality.
2. Individualism versus collectivism: This indicator assesses the degree to which individuals prioritize their own interests over group interests. Individualistic cultures emphasize personal achievement and independence, while collectivist cultures prioritize the needs of the group.
3. Masculinity versus femininity: This indicator examines the degree to which a society values traditional masculine or feminine traits. Masculine cultures emphasize competition, assertiveness, and material success, while feminine cultures value cooperation, nurturing, and quality of life.
4. Uncertainty avoidance: This indicator measures the extent to which a society feels threatened by uncertainty and ambiguity. Cultures with high uncertainty avoidance prefer rules, structure, and conformity, while cultures with low uncertainty avoidance are more comfortable with ambiguity and change.
5. Long-term orientation versus short-term orientation: This indicator focuses on a society's time horizon and attitudes towards the future. Cultures with long-term orientation value perseverance, thrift, and tradition, while cultures with short-term orientation prioritize immediate gratification and adaptability.
6. Indulgence versus restraint: This indicator assesses a society's attitude towards enjoying life and having fun. Indulgent cultures prioritize leisure, happiness, and personal freedom, while restrained cultures value self-discipline, modesty, and strict social norms.
Now, let's apply these indicators to a comparison of Australia and India:
1. Power distance: Australia has a relatively low power distance, as there is a strong emphasis on equality and a fair distribution of power. In contrast, India has a higher power distance, with a hierarchical society where authority figures are respected and followed.
2. Individualism versus collectivism: Australia is considered an individualistic culture, where personal achievements and autonomy are valued. On the other hand, India leans towards collectivism, where family and community ties are strong and decision-making is influenced by group interests.
3. Masculinity versus femininity: Australia is classified as a more masculine culture, with a focus on competition and material success. India, on the other hand, has a blend of both masculine and feminine traits, with an emphasis on family, cooperation, and nurturing.
4. Uncertainty avoidance: Australia has a relatively low uncertainty avoidance, embracing change and ambiguity. In contrast, India has a higher uncertainty avoidance, preferring rules, structure, and conformity to reduce uncertainty and maintain stability.
5. Long-term orientation versus short-term orientation: Australia has a higher long-term orientation, valuing perseverance and planning for the future. In comparison, India tends to have a more short-term orientation, focusing on immediate results and adaptability to changing circumstances.
6. Indulgence versus restraint: Australia leans towards indulgence, valuing leisure, happiness, and personal freedom. India, on the other hand, exhibits more restraint, emphasizing self-discipline, modesty, and adherence to social norms.
Learn more about framework here :-
https://brainly.com/question/34162069
#SPJ11
when smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force. how would this practice help the company to become a low-cost producer?
As smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force, this practice would help the company smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force by constructing efficient large-scale facilities.
Smart Electric condensed saw the potential for not only a cost savings, but also an improvement in their operations when they decided to consolidate all their parts factories into one large location.
This move enabled them to increase their research and development, as well as their customer service, while simultaneously decreasing their sales force.
This was accomplished by constructing efficient large-scale facilities that allowed for the production of all their parts under one roof. The cost savings and increased efficiency enabled them to better serve their customers and make better use of their resources.
As a result, Smart Electric has been able to provide its customers with quality products and services, while reducing its overhead costs.
The consolidation of their parts factories into one large location has been instrumental in allowing Smart Electric to succeed.
To learn more about service, click here:
https://brainly.com/question/13540066
#SPJ4
What percent of adults, nationally, were current on all credit payments in the last year?.
78% of adults, nationally, were current on all credit payments in the last year.
What do you mean by credit card?A credit card typically functions as a replacement for cash or a cheque and typically offers an unsecured revolving line of credit. Depending on the conditions outlined in the cardholder agreement, the borrower is expected to pay at least a portion of the card's outstanding balance each billing cycle.
What is the difference between cerdit card and debit card?When you use a debit card to make a purchase, the money is nearly instantly deducted from your checking account to cover the cost of your purchase. When you use a credit card, the purchase will be added to your available credit, which means you will pay the bill later and have more time to pay.
To know more about credit card visit:
https://brainly.com/question/27350251
#SPJ4
Type 2 paragraphs disscusing the importance of "Sharpening the saw"
Answer:Sharpening the saw" is a term that refers to the importance of regularly investing time and effort in self-improvement and personal growth
Explanation: "Sharpening the saw" is a term that refers to the importance of regularly investing time and effort in self-improvement and personal growth. This means taking a step back from the daily grind and investing in activities that help you improve your physical, mental, and emotional well-being, as well as your skills and knowledge. The importance of sharpening the saw cannot be overstated. When you take time to work on yourself, you become more efficient and effective in everything you do. You're better equipped to handle stress and challenges, and you have a clearer sense of purpose and direction in life. This, in turn, can help you achieve greater success in your personal and professional life.
Sharpening the saw also helps prevent burnout and promotes overall well-being. When you're constantly focused on work or other obligations, it's easy to neglect your own needs and become overwhelmed. This can lead to stress, anxiety, and even physical health problems. By regularly investing time in activities that help you recharge and refresh, you'll be better equipped to handle the demands of daily life. This might include activities like exercise, meditation, learning new skills, or pursuing hobbies and interests. Ultimately, sharpening the saw is an investment in yourself that pays dividends in all areas of your life.
Stephen Covey coined the metaphor "sharpening the saw" to stress the importance of continuous self-improvement.
Individuals must engage in their growth both personally and professionally in order to reach their full potential, just as a saw must be sharpened to cut effectively. This entails regularly evolution and optimising one's skills, knowledge, and habits. Individuals can improve their productivity, creativity, and well-being by doing so.
Sharpening the saw is important in both personal and professional situations. In personal life, it helps the individual lead a fulfilling life by improving their physical, emotional, and spiritual well-being.
To summarise, honing the saw is an ongoing endeavor that requires dedication, commitment, and discipline. By having skills, it not only benefits individuals but also helps organisations achieve their goals.
Learn more about self-improvement here:
https://brainly.com/question/1657752
Negative outcomes of optimism typically include: (Check all that apply.) Group of answer choices You overlook critical elements because you want to dive right in. You influence your team to be optimistic. You discount uncertainties. You accept higher levels of risk.
A behavior can have a negative effect. Negative outcomes of optimism typically You overlook critical elements because you want to dive right in.
What are the negative effects of optimism?There are different ways that optimism can be bad. It include:
Optimism bias: Here, there is excess of optimism which can make a person to overestimate the probability that they can have or experience good things while trying to avoiding bad things.The optimism bias often suggests that individual do underestimate their risk of having negative effects.
Learn more about effects of optimism from
https://brainly.com/question/13746362
how much income will this individual contribute to the beneficiary annually?
For household size of 3 in California, 100% of poverty guidelines is $ 23,030, which means you need to prove your income is at least $23,030 annually.
What is the income requirement for I-134?You must demonstrate that your income is at least $23,030 per year because the poverty limit for a household of three in California is set at $ 23,030. Your annual income as an I-864 sponsor (or joint sponsor) is often the same as or somewhat higher than the amount you listed on your most recent U.S. federal tax return. Your IRS Form 1040 lists this amount as your "adjusted gross income." You must provide evidence showing your household's income is at least 125% of the U.S. poverty threshold for the number of people living in it. (Your household size consists of you, your dependents, any in-laws, and the immigrants you are sponsoring, if any.Use this form to pledge financial assistance to an immigrant benefit recipient for the term of their temporary stay in the United States. For every recipient, a different Form I-134 needs to be submitted.To learn more about income requirement refer to:
https://brainly.com/question/28390284
#SPJ4
How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
What would the audience’s aims for a eulogy be?
- to hear about an important issue
- to feel inspired
✅to hear about the life of their friend or family member
- to feel concern about the state of the environment
Answer:
to hear about the life of their friend or family member
true/false. the market deamnd for a monopoly firm is estimated to be qd
Monopolists do not have supply curves that are independent of market demand. The given statement is true.
As a monopoly firm is the sole supplier of a particular good or service in the market, it has complete control over the price and quantity supplied. Therefore, the market demand for a monopoly firm is determined by its own pricing decision and the consumers' willingness to pay that price.
The monopolist can estimate the market demand for its product by analyzing the behavior of its potential customers, conducting surveys, and studying the patterns of sales in the market.
Once the monopolist has determined the market demand for its product, it can use this information to set the optimal price and quantity of output that maximizes its profits.
However, due to its market power, a monopoly firm may also engage in price discrimination, charging different prices to different customers based on their willingness to pay, further complicating the estimation of market demand. True is the answer.
For more such questions on Monopolists
https://brainly.com/question/7217942
#SPJ11
The complete questions is
Answer true or false: Monopolists do not have supply curves that are independent of market demand.
is more efficient than barter. b) makes trades easier. c) allows greater specialization. d) all of the above are correct.
d). Money is more efficient than barter because it allows for a universal medium of exchange, meaning that goods and services can be exchanged without the need for a double coincidence of wants.
Money makes trades easier because it eliminates the need to search for someone with the exact goods or services that someone is looking for, and it also eliminates the need for haggling over prices.
Money also allows for greater specialization, as it allows people to specialize in certain areas and then trade for goods and services that they need from others.
This specialization allows for greater efficiency and productivity in the economy, as people can focus on the areas where they are most productive.
Money also allows for the accumulation of wealth, as it can be saved and invested for future use. All of these factors combine to make money an essential part of the modern economy.
For more questions like Money click the link below:
https://brainly.com/question/13447346
#SPJ4
Complete question:
Money
a) is more efficient than barter. b) makes trades easier. c) allows greater specialization. d) all of the above are correct.
thats nice but did you know geico can save you 20% more on car insurance
just take it ;)
happy early thanksgiving
Answer:
thanks youuuuuuuuuuuuu
thank you happy early thanks giving
On January 1, 2020, Novak Company purchased at par 5% bonds having a maturity value of $240,000. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. The bonds are classified in the held-to-maturity category.
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare the journal entry to record the interest revenue on December 31, 2020.
(c) Prepare the journal entry to record the interest received on January 1, 2021.
(a) Journal entry at the date of the bond purchase:
Debit: Bonds Payable - Held-to-Maturity $240,000
Credit: Cash $240,000
(b) Journal entry to record the interest revenue on December 31, 2020:
Debit: Interest Receivable $12,000
Credit: Interest Revenue $12,000
(c) Journal entry to record the interest received on January 1, 2021:
Debit: Cash $12,000
Credit: Interest Receivable $12,000
(a) When Novak Company purchases the bonds, they would debit Bonds Payable - Held-to-Maturity for the face value of the bonds ($240,000) and credit Cash for the same amount, representing the cash outflow for the bond purchase.
(b) On December 31, 2020, Novak Company accrues the interest revenue earned on the bonds. They would debit Interest Receivable for the interest amount ($12,000) and credit Interest Revenue, recognizing the revenue.
(c) On January 1, 2021, Novak Company receives the interest payment. They would debit Cash for the interest amount ($12,000) and credit Interest Receivable, reducing the amount owed from the bond issuer.
For more questions like Journal click the link below:
https://brainly.com/question/31718461
#SPJ11
Insurance companies determine risk exposure by which of the following?
Law of large numbers and risk pooling. All forms of insurance determine exposure through risk pooling and the law of large numbers.
TermWhich of these are considered to be events or conditions that increase the chances of an insured's loss?
Hazards are events or conditions that increase the likelihood of an insured's loss.
People with higher loss exposure have the tendency to purchase insurance more often than those at average risk. Adverse selection is the tendency of persons with higher loss exposure to purchase insurance more often than those at average risk.
Which of these techniques will remove the risk of losing money in the stock market by never purchasing stocks?
Risk avoidance could eliminate the risk of losing money in the stock market by never investing in stocks.
How do insurers predict the increase of individual risks?
The law of large numbers helps insurance companies predict the increase of individual risks.
Diverse techniques are employed by insurers to forecast the rise in individual risks. When predicting future claims, some insurers may utilize models that take historical claim data into account, while others may use demographic or geographic information.
Any strategy an insurer uses to forecast the rise in particular risks will ultimately be subject to some degree of uncertainty. Numerous factors, like as the unpredictable nature of occurrences beyond the insurer's control (such natural catastrophes or terrorist attacks) and the inherent limits of mathematical models, might contribute to this uncertainty. As a result, there is always a possibility that a model used by an insurer will produce forecasts that are incorrect in some circumstances, even if the model is thought to be accurate within certain ranges.
Learn more about the insurers here:
https://brainly.com/question/29522443
#SPJ4
Why is it better to have 10 new businesses with 10 employees each than to have a factory with 100 workers?
Answer:
100 workers can help get the job done a lot easier
Explanation:
10x10=100
Demonstrate your own knowledge about intellectual assets, what contributed to intellectual assets and how do we have to maintain them, describe your own which one is more important and how do you maintain or improve the organizational strategy based on the intellectual assets ? 150-200 words
Intellectual assets refer to intangible resources within an organization that contribute to its competitive advantage and value creation. These assets are not physical in nature but encompass knowledge, expertise, intellectual property, brand reputation, customer relationships, and innovation capabilities.
Several factors contribute to the development and accumulation of intellectual assets. Firstly, a culture of continuous learning and knowledge sharing promotes the acquisition and creation of new knowledge within an organization. This can be fostered through training programs, cross-functional collaboration, and supportive leadership. Secondly, investments in research and development activities enable the organization to develop new products, technologies, and processes, contributing to its intellectual assets. Additionally, protecting and leveraging intellectual property rights, such as patents, trademarks, and copyrights, is crucial in safeguarding and capitalizing on valuable intangible assets.
Maintaining intellectual assets requires ongoing efforts. Effective knowledge management systems and practices help capture, store, and disseminate knowledge throughout the organization. Regular monitoring and updating of intellectual property portfolios ensure their protection and relevance. Building and nurturing strong relationships with customers and stakeholders contribute to the maintenance of valuable intangible assets such as brand reputation and customer loyalty.
While all intellectual assets are important, I believe that organizational knowledge and expertise are particularly vital. The collective knowledge and expertise of employees form the foundation for innovation, problem-solving, and decision-making. To maintain and improve organizational strategy based on intellectual assets, it is crucial to foster a learning culture, promote knowledge sharing and collaboration, and invest in employee development. Providing opportunities for continuous training, encouraging cross-functional and interdisciplinary collaboration, and recognizing and rewarding expertise and innovation are essential strategies for leveraging and enhancing the organization's intellectual assets. Additionally, creating mechanisms for capturing and documenting organizational knowledge, such as through knowledge repositories or communities of practice, can facilitate knowledge transfer and retention, further strengthening the intellectual assets of the organization.
Learn more about organization from
https://brainly.com/question/25922351
#SPJ11
please help
Why is engaging communication a two-way process?
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpbecause of automation, which component of product cost is declining?
application of nuclear energy
Answer:
हिंदी में खोजें
एप्लीकेशन ऑफ नुक्लेअर एनर्जी
Applications of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energyImage of application of nuclear energy
Image of application of nuclear energy
Image of application of nuclear energy
Image of application of nuclear energy
Image of application of nuclear energy
Image of application of nuclear energy
View all
Background: Nuclear energy can be used for various industrial applications, such as seawater desalination, hydrogen production, district heating or cooling, the extraction of tertiary oil resources and process heat applications such as cogeneration, coal to liquids conversion and assistance in the synthesis of chemical.
In 1936, John Maynard Keynes published a book, The General Theory, which attempted to explain
In 1936, economist John Maynard Keynes published a book called "The General Theory of Employment, Interest and Money." This book attempted to explain the causes of the Great Depression and proposed policies for economic recovery.
Keynes claimed that during periods of recession or depression, government action was required to stabilise the economy.
In order to boost demand and generate jobs during economic downturns, he suggested that governments should raise expenditure and cut taxes.
In the decades following World War II, economic policy was significantly influenced by this theory, which later came to be known as Keynesian economics.
Many governments today still manage the economy and encourage growth using Keynesian concepts.
To learn more about Keynesian visit:
https://brainly.com/question/14002987
#SPJ4
alex bought a chain of salons and spas. he invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and premium furniture. since other salons and spas in the area are not offering these types of amenities, he expects this innovation will result in a profit. alex is a(n)
Alex is an entrepreneur. He has identified a gap in the market for salons and spas that offer full-service bars, child care, and premium furniture and has taken the initiative to invest his wealth.
It also offers the time to fill that gap by purchasing a chain of salons and spas and enhancing them with these amenities. By doing so, he is positioning himself to be competitive in the market and to potentially generate a profit. Entrepreneurs are individuals who identify opportunities and take the risk to start or invest in a business in order to meet a need or solve a problem. This can involve introducing new products or services, improving existing ones, or finding new ways to reach customers. Alex's actions demonstrate his entrepreneurial mindset and willingness to take risks in order to achieve his business goals.
Learn more about entrepreneur here:
https://brainly.com/question/13897585
#SPJ4
Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and they want to keep two day's worth as a safety stock. How low can their stock get before they need to order more?
Answer:
55 legal pads.
Explanation:
The level at which Blackmon Brothers should order more legal pads is the re-order point.
The calculate re-order point, we require
Average daily usage
Delivery lead time
Safety stock is needed.
For Blackmon, Average daily usage will be 165 divided by 15 days
=165/15
=11 legal pads per day.
Lead time is 3 days
Formula for getting the re-order point
= (average daily usage x delivery time) + requires safety stock
For Black man
= (11 x 3)+ (11 x 2)
=33 + 22
=55 legal pads.
They should re-order when they have a balance of 55 legal pads.