All orders are met by the inventory assumption of the EOQ model enables it to ignore the purchasing cost per unit of time.
The Economic Order Quantity (EOQ) is an ideal order quantity a company should purchase to minimize the inventory costs. EOQ is really important in inventory management, including ordering, storing and inventory allocation process.
The implementation of EOQ model enables a company to find the right amount of inventory ordered per batch so the company does not have to make too many or too frequent orders.
There are 3 assumptions related to the EOQ models:
There is a trade-off between inventory holding cost and inventory setup costsThe consumers demand for the product is constantThe ordering and holding costs of product remains constant along the timeLearn more about Economic Order Quantity here: https://brainly.com/question/13049890
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Match each job example with its career cluster.
Israel is a Cashier
Science, Technology, Engineering, and
Mathematics
Rakhee is an Aircraft Structure
Assembler
Manufacturing
Arie is a Chemist
Information Technology
Jake is a Flight Attendant.
Transportation and Logistics
Deb is a Video Game Designer.
Marketing, Sales, and Service
Answer:
Israel is a Cashier ⇒ Marketing, Sales, and ServiceAs a cashier, Israel is involved in the sales industry.
Rakhee is an Aircraft Structure Assembler ⇒ ManufacturingAssembling the structure of an airplane is a process in airplane manufacturing so this falls under manufacturing.
Arie is a Chemist ⇒ Science, Technology, Engineering, and Mathematics.Arie is a chemist which is a science related field as it involves chemistry and biology.
Jake is a Flight Attendant ⇒ Transportation and LogisticsJake as a flight attendant is in the transportation and logistics industry because planes transport people and goods.
Deb is a Video Game Designer ⇒ Information TechnologyDeb as a video game designer is in the IT industry which deals with software and computer related ventures.
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
plzzzzzzzzzzz what is the square root of 8
Answer:
\(2.82842712475\)
Explanation:
The square root of eight is a irrational number because it cannot be a fraction with integers. The square root up eight has to be rounded up eight decimal places would equal "2.82842712475" which means that is your answer.
8–√
=23−−√
or 2–√
x 2–√
x 2–√
=> 8–√
= 2x 2–√
=> 8–√
= 22–√
= 1.41421...
Therefore, 8–√
= 2 x 1.41421..
=> 8–√
= 2.82842..
Hope this helps.
California allows students in Work Experience to work up to a maximum of how many hours per day?
California allows students in Work Experience to work up to a maximum of Eight hours per day.
Work Experience programs provide students with the opportunity to gain practical, hands-on experience in a professional setting while earning academic credit. These programs aim to enhance students' understanding of the workplace, develop their employability skills, and bridge the gap between classroom learning and real-world application.
The limitation of eight hours per day is in place to prioritize the students' well-being and ensure that their work does not interfere with their academic commitments or jeopardize their health and safety. By setting this maximum limit, California aims to strike a balance between work and education, enabling students to benefit from the experience while still having time for their studies, rest, and personal development. It also aligns with labor laws and regulations that safeguard the rights and welfare of young workers, promoting a healthy work-life balance for students engaged in Work Experience programs.
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A firm's ___________ consist of expenditures that must be made before production starts that typically, over the short run, _______________ regardless of the level of production. Group of answer choices fixed costs; are consistently changing, fixed costs; do not change, variable costs; do not change, variable costs; are constantly changing,
1. fixed costs
2. do not change
hope this helps
How long should a cover letter be? A. Less than one page B. Two pages C. Three pages D. More than four pages Please select the best answer from the choices provided A B C D
Answer: A. Less than one page
Explanation:
which of the following is one of the primary driving forces behind racial disparities in wealth?
One of the primary driving forces behind racial disparities in wealth is historical and ongoing systemic racism.
For centuries, Black Americans and other people of color have faced discriminatory policies and practices that have hindered their ability to accumulate wealth. For example, redlining, a practice that denied mortgage loans to Black Americans in certain neighborhoods, prevented them from purchasing homes in areas with increasing property values, leading to limited opportunities for wealth accumulation through property ownership. Additionally, discriminatory lending practices and job discrimination have further limited opportunities for wealth accumulation. These systemic issues have led to a significant wealth gap between white Americans and people of color, with white families having a median wealth of $171,000 compared to just $17,150 for Black families. Addressing these systemic issues is crucial to closing the racial wealth gap and promoting equity and justice.
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Benjamin Company
Benjamin Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000.
Yards Sales price
per yard at
split-off Disposal
cost per yard at
split-off Further
processing
per yard Final sale
price per
yard
X 1,500 $6.00 $3.50 $1.00 $7.50
Z 2,200 9.00 5.00 3.00 11.25
If X and Z are processed further, no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Benjamin Company. Using sales value at split-off, what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)?
Select one:
a. $4,757
b. $4,000
c. $5,500
d. $2,500
The sales value at split-off, the amount of joint processing cost allocated to Product Z is $5,436 . The correct answer is option c. $5,500 is the closest answer choice.
To begin, we need to calculate the total sales value at split-off for both products:
Total sales value at split-off = (X yards * X sales price at split-off) + (Z yards * Z sales price at split-off)
Total sales value at split-off = (1,500 * $6.00) + (2,200 * $9.00)
Total sales value at split-off = $29,100
Joint processing cost allocated to Z = Relative sales value for Z * Total joint processing cost
Joint processing cost allocated to Z = 0.6795 * $8,000
Joint processing cost allocated to Z = $5,436.00
This method allocates joint processing costs to the individual products based on their relative sales values at the split-off point.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
What does it mean to negotiate? Why do you think it is so uncommon for people in our culture to negotiate? Do you think you would be a good negotiator? Why or why not?
As of June 28, 2020, Cedar Fair had issued $201.5 million in season passes. Cedar Fair estimated that guests would use passes worth
$41.9 million during the remainder of 2020, $61.9 million from January 1 to June 30, 2021, and the remaining $97.7 million after June
30, 2021. What amounts should Cedar Fair classify as current versus noncurrent, in its balance sheet on June 28, 2020?
Based on Cedar Fair issuance of season passes,$103.80 million would be classified under current whereas $97.7 million is non-current
What does current classification indicates in the balance sheet?
The current classification in the balance sheet refers to assets that would be used up in up to a year or liabilities that would be settled within a year, any other item whose usage or settlement date is beyond 1 year is classified as non-current asset or liability.
In this case, Cedar Fair would classify the the amount of season passes usable within a year under the current liability and the remainder value of season passes that would be used after after June 30, 2021 as non-current liability.
current liability=$41.9 million+ $61.9 million=$103.80 million
non-current liability=$97.7 million
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QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested in purchasing a new gas dryer to replace her electric dryer. Assuming that the dryer drys one load per day, use the following chart to determine how much Chyou will save each year in utility costs by purchasing the gas appliance.
Answer:
Its b 105.85
Explanation:
It just is break it down
Answer:
B.
Explanation:
5. What is one benefit of having a career as opposed to a job?
A:advancement
B:money
C :ability to pay bills
D :extra education
Answer:
the answer is A: advancement
Explanation:
I took the quiz and got 100% and the only other one that make sense is money but you get money from a job
There are THREE (3) types of managers in Project Management. There are a project manager, program manager and portfolio manager. List the differences in a form of table by comparing each type of managers. (Authority, power, decision making and so on). Create a list at least FIVE (5) and above for the comparison.[15 marks]
The Three (3) types of managers in Project Management are project manager, program manager and portfolio manager.
Manager Type: Project Manager
Authority: Has authority over the project team and project resources
Power: Has the power to make decisions related to the project
Decision Making: Responsible for making decisions related to the project
Scope of Responsibility: Responsible for the successful completion of the project
Role: Oversees the planning, execution, and completion of the project
Manager Type: Program Manager
Authority: Has authority over multiple related projects
Power: Has the power to make decisions related to the program
Decision Making: Responsible for making decisions related to the program
Scope of Responsibility: Responsible for the successful completion of the program
Role: Oversees the planning, execution, and completion of the program
Manager Type: Portfolio Manager
Authority: Has authority over multiple programs and projects
Power: Has the power to make decisions related to the portfolio
Decision Making: Responsible for making decisions related to the portfolio
Scope of Responsibility: Responsible for the successful completion of the portfolio
Role: Oversees the planning, execution, and completion of the portfolio
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Understanding the economic environment will allow you to make better ____ decisions
Understanding the economic environment will allow you to make better business decisions.
The economic environment refers to the overall condition of the economy, including factors such as inflation, unemployment rates, interest rates, and GDP growth. When you have a clear understanding of the economic environment, you can make more informed decisions about your business.
For example, let's say you own a retail store. By monitoring the economic indicators, you can anticipate changes in consumer spending patterns. If the economy is doing well, with low unemployment and high consumer confidence, you might decide to expand your product offering or open new locations. On the other hand, if the economy is in a downturn, you may need to adjust your pricing strategy or reduce costs to stay competitive.
Therefore, understanding the economic environment is crucial for making better business decisions. It allows you to adapt to changes in the market, anticipate consumer behavior, and adjust your business strategy accordingly.
By staying informed about the economic factors that affect your industry, you can position your business for success and minimize potential risks.
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Which statement is true? A savings plan and a budget don't really have anything to do with eachother. It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Answer: It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Explanation:
Budgeting and saving go hand in hand because budgeting enables us know what amount of our money we can save after spending on what we need to maintain our lifestyle.
If we don't have a budget or know how to budget our money, we will not know the amount to put towards a savings plan and if we start a savings plan without budgeting, we might end up in a situation where we have to withdraw from the savings constantly in order to meet our financial obligations.
Explain why socialist societies do not use a circular flow chart.
Hannah, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates ____ to potential employers.
Options :
A. independence, resourcefulness, and discipline
B. good management skills
C. independence and strong leadership skills
D. independence, resourcefulness, and entrepreneurship
E. discipline and a strong will
Answer: D. independence, resourcefulness, and entrepreneurship
Explanation: Exposure offers a lot in terms of experience to those who choose to be. In terms of career, being exposed to one's field of choice in a different or foreign climate, terrain and culture is often of huge importance to one's credential or portfolio as it demonstrates key elements requires to make one standout among peers. It shows one's capability to survive and adapt and be independent in a somewhat unfamiliar terrain. It also provide invaluable experience hence making one very resourceful while also demonstrating one's entrepreneurial capability. These skills gives who posses them an edge among peers and are tempting to potential employers.
The longet ide of a right triangle i 20 inche long. The area of the triangle i 96 quare inche. What are the length of the other two ide?
Answer: The other two sides are both 80 in.
Explanation: The sides of a triangle always add up to make 180, a straight angle. Since you said the longest side, we assume this is an isosceles triangle; therefore, the other two sides are the same length. So,
180-20=160
160 is the remaining length we have after taking away the 20 inches.
160/2=80
Since the other two sides are the same length, we divide 160 by 2 to get an equal amount of length.
The following table describes utility for consuming cans of soda. At what point does the law of diminishing marginal utility set in?
Total utility | Cans of Soda
14 | 1
30 | 2
47 | 3
57 | 10
4 | 56
5 | 6
50 | 42
A) Marginal utility never diminishes.
B) Marginal utility diminishes everywhere.
C) between four and five cans
D) between three and four cans
The law of diminishing marginal utility sets in "between the third and fourth cans" of soda. Marginal utility is the extra benefit or satisfaction derived from consuming one extra unit of a good or service.
The law of diminishing marginal utility is a law of economics that states that as an individual consumes more and more of a good or service, the additional satisfaction from each unit of the good or service decreases, ceteris paribus (all other factors remaining constant).
Thus, the marginal utility of the third can of soda is less than the marginal utility of the second can, and the marginal utility of the fourth can is less than the marginal utility of the third can.
As a result, between the third and fourth cans of soda, the law of diminishing marginal utility sets in as it leads to a decrease in the marginal utility.
Therefore, option D (between three and four cans) is the correct answer.
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What does this word Otorhinolaryngologist mean?
Answer:
A medical specialty concerned especially with the ear, nose, and throat and related parts of the head and neck : otolaryngology All antihistamines have at least some drying effects, called anticholinergic properties.
Explanation:
Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
WAYS IN WHICH THE YOUTH CAN MANAGE STRESS
Answer:
Sleep well. ...
Exercise. ...
Talk it out. ...
Make time for fun — and quiet. ...
Get outside. ...
Write about it. ...
Learn mindfulness.
what are premiums for group credit life insurance based on?
Premiums for group credit life insurance are typically based on factors such as the average age of the insured group, the size of the group, the level of coverage, and the claims experience of the group.
Insurance companies assess these factors to determine the risk associated with providing coverage to the group. The premiums are calculated to cover the expected costs of providing insurance benefits to the group members, as well as the administrative expenses and profit margin for the insurance company.
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a good intended for final use by consumers rather than business
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.
The answer is A.
Deers are animals
The acquiring company maintains control of the acquired company and serves on a dominant position over the acquired company
O Acquisition
O Hostile Takeover
O Horizontal merger
O Materiality
The situation you described, where the acquiring company maintains control of the acquired company and serves in a dominant position, is best defined as an Acquisition.
In an acquisition, one company (the acquiring company) purchases and gains control over the assets and operations of another company (the acquired company). The acquired company may continue to operate as a subsidiary or may be integrated into the acquiring company's existing operations.
This process often helps the acquiring company grow, diversify, or enter new markets, while the acquired company benefits from the resources and support of the larger organization. In the context of an acquisition, materiality is important in determining whether certain information should be disclosed to stakeholders, such as investors and regulatory bodies.
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How many trade schools are there for Avionics Technicians?
Answer:
Hi...
Explanation: