Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 18 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $.75, and carrying costs are 36 cents per roll a year. Lead time is 2 days.Use Table1 and Table2.What is the EOQ?
Answers
Answer:
EOQ (Economic Order Quantity) formula is:
EOQ = √[(2DS)/H]
Where D is the annual demand, S is the cost of placing one order, and H is the carrying cost per unit.
First, we need to find the annual demand:
Annual demand = Daily usage x Days open = 18 rolls/day x 355 days/year = 6390 rolls/year
Next, we need to find the cost of placing one order:
Cost of placing one order = $0.75
Finally, we need to find the carrying cost per unit:
Carrying cost per unit = 0.36
Now we can plug in the values into the EOQ formula:
EOQ = √[(2 x 6390 x 0.75)/0.36] = √[10650] = 103.17
Therefore, the EOQ is 103 rolls (rounded up to the nearest whole number).
Explanation:
Related Questions
How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
Companies in industries where there is little cost, including time or money, necessary to enter the marketplace are most vulnerable to the threat of.
Answers
Companies in industries where there is little cost, including time or money, necessary to enter the marketplace are most vulnerable to the threat of ---new entrants.
The threat of new entrants:
The Threat of New Entrants, one of the forces among Porter's Five Forces industry analysis framework, which means to the threat that new competitors pose to present players within an industry. It is one of the forces that shapes the competitive landscape of an industry, and it helps to define the attractiveness of the industry.
What is the new entrants in business?New entrants are businesses are those who want to enter your market. The power is affected by the eligibility of others to enter the market. New competitors can easily enter your market when there will be low entry costs, less economies of scale, no knowledge-intensity and rarely protection of key technologies.
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echo farm supply’s stock price is currently trading at $35 per share. the consensus among market analysts is that the stock should trade for $30 per share, given the amount, timing, and riskiness of the company’s dividends. is echo farm supply more or less likely to receive a hostile takeover bid?
Answers
The overvaluation of Echo Farm Supply's stock makes it less likely to attract a hostile takeover bid, as the higher trading price indicates the market believes it is worth more than the consensus value. However, other factors may also come into play.
Given that the consensus among market analysts is that Echo Farm Supply's stock should trade for $30 per share, and the current trading price is $35 per share, it suggests that the stock is currently overvalued. In general, an overvalued stock is less likely to attract a hostile takeover bid.
Hostile takeovers usually occur when a company's stock is undervalued, as the acquirer sees an opportunity to purchase the company at a lower price than its actual worth. In this case, the higher trading price indicates that the market believes the stock is worth more than the consensus value.
However, it's important to note that hostile takeovers can also be driven by factors other than the stock price, such as strategic advantages or potential synergies. While the overvaluation may make a hostile takeover bid less likely, it doesn't completely rule out the possibility. Other factors would also need to be considered.
In conclusion, based on the current overvaluation of Echo Farm Supply's stock, it is less likely to receive a hostile takeover bid.
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bengal co. provides the following unit sales forecast for the next three months: julyaugustseptembersales units 11,500 12,200 6,250 the company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. finished goods inventory on june 30 is 2,300 units. the budgeted production units for august are:
Answers
Based on the given information, Bengal Co. aims to maintain a finished goods inventory equal to 20% of the next month's sales. For August, the next month's sales would be September's sales units, which are 6,250.
To determine the budgeted production units for August, we need to calculate the desired ending finished goods inventory for each month.
For July:
20% of August sales = 0.2 x 12,200 = 2,440 units
Desired ending finished goods inventory = 2,440 units
Add June 30 finished goods inventory = 2,300 units
Total finished goods needed for July = 4,740 units
For August:
20% of September sales = 0.2 x 6,250 = 1,250 units
Desired ending finished goods inventory = 1,250 units
Add July ending finished goods inventory = 4,740 units
Total finished goods needed for August = 5,990 units
To calculate the budgeted production units for August, we need to subtract the June 30 finished goods inventory from the total finished goods needed for August and then add the August sales units:
Total finished goods needed for August = 5,990 units
Minus June 30 finished goods inventory = 2,300 units
Plus August sales units = 12,200 units
Budgeted production units for August = 15,890 units.
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An attorney participated in a program sponsored by a nonprofit association to provide representation at no cost to low-income individuals involved in tax disputes with the Internal Revenue Service (IRS). The attorney, who initially lacked the expertise necessary to properly represent such individuals, attended classes sponsored by an organization through which she gained sufficient knowledge of the tax law to competently represent such individuals. After satisfactorily representing several individuals referred to the attorney by the organization, the attorney learned from a friend about a store clerk with limited means who was involved in a dispute with the IRS regarding a previously claimed earned income tax credit. The attorney made a phone call to the store clerk, with whom she had had no previous contact either professionally or personally, and offered to represent the store clerk without charge in her tax dispute with the IRS. Was the attorney subject to discipline for making the phone call
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No, the attorney is not subject to discipline.
Within legal parlance, when a person becomes subject to discipline, it means that he or she has been found guilty of breaking the rules, guidelines, or regulations of the profession and could be punished or disciplined as a result.
In the question above, the attorney had not only attended classes/training required to enable them to provide legal representation to clients who have dispute issues with the Internal Revenue Service (IRS) but had also satisfactorily represented such clients.
In other words, he holds both the foundational training in law, the specialist training in IRS matters, and the experience required to represent the store clerk.
It is also constitutional for the state to provide pro-bono legal representation to those who could not afford it.
The attorney, therefore, was not subject to discipline.
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T/F Without engaging in international trade, Freedonia and Desonia would have been able to consume at the after-trade consumption bundles
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The concept given is International trade, which is the exchange or trade of goods and services between different nations. The answer is, false.
International trade is the exchange of capital, goods, and services across international borders or territories due to the need or scarcity of goods or services.
In most countries, this trade accounts for an important part of the gross domestic product. One of the most important benefits of international trade is market diversification.
By focusing solely on your home market, you may be at greater risk from economic downturns, political factors, environmental events, and other risk factors, and help Americans provide goods and services to their families.
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Which potential government policy reflects the broad economic goal of freedom?
A.) Allowing parents to choose between public and private schooling for their children, through vouchers
B.) Allowing the National Park Service to initiate a program of controlled forest fires to clear undergrowth
C.) Increasing funding for space exploration to boost high-tech employment and develop new technologies
D.) Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged
Answers
Answer:
Allowing parents to choose between public and private schooling for their children, through vouchers
The potential government policy that reflects the broad economic goal of freedom is allowing parents to choose between public and private schooling for their children, through vouchers. Thus, option A is correct.
What is the economic goal?Efficiency, equity, economic freedom, full employment, economic development, security, and stability are all national economic goals. Economic objectives are not always mutually inclusive; the cost of addressing any single goal or group of goals is that there are fewer resources available to devote to the remaining goals.
Economic objectives are the interwoven production, consumption, and trade activities that help a nation or organization manage its resources.
Parents are allowed to choose among public and private schools for their children through vouchers is one potential government policy that supports the larger economic objective of freedom. As a result, option A is correct.
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Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?
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The benefits of mobile banking include Convenience, time saving, Easy to monitor, Bank on the go and many more.
What is mobile banking?Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.
Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.
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Which of the following businesses is using an incentive?
A. Company B, where there is conflict between the workers and the
management
B. Company C, where the government is intervening to prevent fraud
C. Company A, where the employees have voted for a four-day
workweek instead of a pay increase
D. Company D, where there is a greater demand for a product than
can be met
Answers
Answer:
d
Explanation:
According to the video, which qualities do Lawyers need? Select all that apply.
x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills
Answers
Answer:
C E F G
Explanation:
According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.
As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.
Therefore, The right option (C, E, F, G)) is correct.
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When people get satisfaction from charitable giving, they are ______.
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When people give because they get satisfaction from doing so, they are said to be acting out of rational self-interest.
What does it mean to act out of rational self-interest?It means that your decisions are based on catering for what gives you satisfaction. Explains why people engage in certain behaviors.Certain behaviors give people satisfaction and this theory explains that this prompts them to engage in such behavior. Those who gain satisfaction from being charitable are abiding by this theory as they only give because it makes them satisfied.
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During the stage, managers fail to recognize the internal or external changes that will harm their companies.
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he seller of a dry cleaning business has agreed not to open another dry cleaning business for two years within a one-mile radius of the sold business. Such an agreement: is valid and enforceable.
Answers
The statement “The seller of a dry cleaning business has agreed not to open another dry cleaning business for two years within a one-mile radius of the sold business. Such an agreement is valid and enforceable” is true.
What is an agreement?An agreement is a mutual understanding between two or more persons or entities. It is a lawful arrangement reached between two or more individuals or entities. When the parties involved agree on a common intention, the agreement becomes legally enforceable. In a contract, an agreement is often referred to as a meeting of the minds.
It is a contract term that refers to the moment when the parties involved in the agreement agree to the same terms and conditions. An agreement is also a necessary part of forming a contract.
The scope of an agreement refers to the scope of the agreement. It's important to note that the parties' intent is what determines the agreement's scope. It's also known as an agreement's purpose.
What the parties hope to achieve is referred to as the purpose of the agreement.Therefore, the statement “The seller of a dry cleaning business has agreed not to open another dry cleaning business for two years within a one-mile radius of the sold business.
Such an agreement is valid and enforceable” is true because it is an agreement, and its scope is within the one-mile radius.
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Complete question:
True/false . he seller of a dry cleaning business has agreed not to open another dry cleaning business for two years within a one-mile radius of the sold business. Such an agreement: is valid and enforceable.
one of the keys to following your carrer path is to be _
like honestly i dont need the answer but if you answer it ill give you 15 brainliest bcuz im in a good mood:) the first one to answer will get the brainliests!! good luck
Answers
Answer:
diligent I guess
Explanation:
i don't know just putting a word that sounds *smart*
does doja cat deserve her fame? what do you think?
Answers
London corp. Issues 1,000 shares of stock for $20 per share. What are the effects of this transaction?.
Answers
The effect of this transaction is : Common stock is increased, Cash is increased.
What is issue of shares?Issue of Shares refers to the process in which companies allot new shares to shareholders. Shareholders in this scenario can either be individuals or corporates.
With regards to the above, Common stock is increased, Cash is increased. This is because issuance of stock increases common stock balance while value in cash account is also increased.
Hence, the effect of this transaction is : Common stock is increased, Cash is increased.
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give four basic functions of the government
Answers
the 4 functions of government are:
1.maintain and make laws
2.raise taxes
3.protect environment
4.national defence
Answer:
listening to the citizens before making decisions .Helping in the development activities .making suitable rules and regulations for the country .Providing citizenship cards to the every citizens of the country .hope it is helpful to you
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States . . .; To borrow Money on the credit of the United States; To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes. —Constitution of the United States, Article I, Section 8 Which of these are expressed powers granted by this part of Article I, Section 8? Check all that apply.
Answers
Answer:
To lay and collect Taxes, Duties, Imposts and ExcisesTo pay the Debts and provide for the common Defense and general Welfare of the United States. To borrow Money on the credit of the United States.To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.Explanation:
Congress as a Federal governmental branch, has the power to undertake certain things for the United States as a whole instead of for individual states. Article 1, Section 8 of the Constitution shows these powers which include: Congress will be able to collect taxes on from all states as well as duties, imposts and excises for the entire country.
Congress shall also be able to pay off debt and pass budgets for the defense of the nations. They will be able to borrow for the entire nation on the credit of the U.S. as a whole.
And finally, they can regulate commerce with foreign states and among the various states themselves but not within and as Indian tribes are seen as partly sovereign, only Congress can make deals with them as well.
Answer:
1. lay and collect taxes and duties
2. pay debts
5. borrow money
6. regulate commerce with foreign nations
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).
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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If you were marketing a product to a particular target market and you only knew the demographic characteristics, what product benefits (WIIFM, or “What’s in it for me?”) would you highlight in your marketing
Answers
The product benefits to be highlighted in the marketing based on demographic characteristics are
beneficial to particular agebeneficial to particular working classbeneficial to particular gender etcWhat is the demographic segmentation?In marketing, this refers to the segmenting of customers according to gender, age, ethnicity, family size, religion etc.
The use of demographic segmentation in marketing helps to provide the needs and want to consumers based on the demograph gathered from them.
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3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answers
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
International trade decreases the demand for workers in domestic industries that?
Answers
International trade decreases the demand for workers in domestic industries that Real wages in several industries have been known to decline as a result of international trade, depriving a portion of the population of their wage income.
The amount of this impact may be greater than any potential effect resulting from wages, yet cheaper imports can also lower domestic consumer prices. Greater specialization and more effective resource management result from international trade, which frequently lowers prices, increases output, and boosts productivity.
When the volume of imports exceeds the volume of exports, international trade could, from an economic perspective, increase the debt of the nation. Thus, a nation needs to have a sound financial management system to guard against potential losses brought on by international trade.
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All of the following are capital assets EXCEPT: 100 shares of UVX stock. A car used by a ride-hail service driver. A fully rented apartment building. Municipal bonds.
Answers
Answer:
A fully rented apartment building
Explanation:
Capital assets are a term that describes substantial portions of property including homes, cars, stocks, bonds, etc. In other words, specifically in business, a capital asset is defined by its valuable life which is extended than a year and is not planned for sale at a typical period of business's operation.
Hence, in this case, the right answer is A fully rented apartment building
Please help will mark brainliest
Answers
Answer:
first b
second b
third a
Explanation:
Answer:
for the first one is b
and the second one is b
lastly last one is C
if im correct yq
What principles of government are in the Declaration of Independence?
Answers
Principles of government are in the Declaration of Independence
Principle 1: All People Are Created Equal
Principle 2: All People Have Basic Rights That Cannot Be Taken Away
Principle 3: The Government Gets It Power To Make Decisions And Protect Rights From The People
Principle 4: When The Government Does Not Protect The Rights Of The People, The People Have The Right To Alter Or Abolish The Government .
Evaluating the principles :
Principle 1: All People Are Created Equal
Thomas Jefferson wrote, "We hold these truths to be self-evident, that all men are created equal..."
Principle 2:
All People Have Basic Rights That Cannot Be Taken Away
A second truth Jefferson writes of in the Declaration of Independence is that men are "endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."
Principle 3:
The Government Gets It Power To Make Decisions And Protect Rights From The People
The Declaration of Independence states that "governments are instituted among men, driving their just power from the consent of the governed."
Principle 4:
When The Government Does Not Protect The Rights Of The People, The People Have The Right To Alter Or Abolish The Government
Thomas Jefferson declared in the Declaration of Independence, "when ever any form of government becomes destructive of these ends, it is the Right of the People to alter or to abolish it..."
What is in a Declaration of Independence?
The Declaration of Independence states the principles on which our government, and our identity as Americans, are based. Unlike the other founding documents, the Declaration of Independence is not legally binding, but it is powerful.
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compared to a perfectly competitive industry, a monopolist: a.charges a higher price. less profit in the long run. c.increases consumer surplus. d.produces a large quantity.
Answers
A monopolist charges a higher price compared to a perfectly competitive industry.
A monopolist has the power to set prices in the market due to its control over the entire supply. Unlike in a perfectly competitive industry where prices are determined by market forces, a monopolist can charge a higher price because there are no close substitutes available to consumers. This higher price reduces consumer surplus, as consumers have to pay more for the monopolist's product. Additionally, monopolists tend to have higher profit margins in the long run because they face limited competition. The absence of competition allows monopolists to maintain higher prices and enjoy greater profits compared to firms in perfectly competitive industries.
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the focus of your marketing plan should center on a unique company and product or service. Essentially, you are an entrepreneur marketing your startup company’s unique product or service.
Answers
When developing a marketing plan for a startup company, the focus should center on the company's unique product or service.
Here are some key steps to follow:
Conduct Market Research: Conduct market research to understand your target audience, their needs, and preferences. This will help you identify potential competitors and market trends.
Identify Unique Selling Proposition (USP): Identify your unique selling proposition (USP). What makes your product or service different from the rest? How does it solve the customer's problem?
Define Your Target Audience: Based on your market research, define your target audience. Who are your potential customers? What are their demographics, interests, and behavior patterns?
Develop Marketing Objectives: Develop specific, measurable, achievable, relevant, and time-bound (SMART) marketing objectives.
Create Marketing Strategies: Based on your marketing objectives, develop marketing strategies to achieve your goals. These strategies should include a mix of online and offline marketing tactics such as social media, content marketing, search engine optimization, email marketing, advertising, and public relations.
Set a Budget: Determine your budget for marketing activities. This should be based on your financial projections and expected return on investment (ROI).
Implement and Monitor Your Plan: Implement your marketing plan and monitor its progress. Analyze your results, identify areas of improvement, and adjust your plan accordingly.
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Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answers
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?
a. Acute
b. Chronic
c. Deadly
d. No Effect
Answers
The type of exposure in the given situation is acute.
Given that,
As there is a chemical blaze in Howard's arm.Because of this, Howard has a tiny burn mark that disappears in the coming weeks also he won't have any kind of mark or symptoms.It is classified as an acute exposure due to burning.Thus we can say that the type of exposure in the given situation is acute.
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Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answers
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
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