The optimal sizes of the brand of paint given a mean of 28 and standard deviation of 8 is 81. The reorder point of the paint is 124 while the optimal safety stock is 26.
How to solve for the optimal size
mean = 28
sd = 8
Replenishment = 14 weeks
convert to months = 3.5 months
paint = $6
mean = 28 x 3.5
= 98
Find the standard deviation
= 8 x sqr(3.5)
= 14.966 = 15
Mean rate of demand
12 x 28 = 336
cost of holding = 30% x 6 = 1.8
unfilled demand = $10
EOQ = 2x 336 x 15 /1.8
= 5600
[tex]\sqrt{5600} = 75[/tex]
R0 = [tex]\frac{75*1.8}{10*336} = 0.04[/tex]
From the z table, 0.04 = 1.75
15x1.75x98 = 124.35
σLz = 0.242
Q1 = [tex]\sqrt{\frac{2*336}{1.8}(15+10)(0.2426) }[/tex]
= 81
81x1.8/10x336
= 0.043
How to solve for the reorder pointIf R1 = 0.043 z value would be 1.75
15 x 1.75 + 98
= 124.3
R0 = R1
Q,R = (81, 124)
the optimal lot sizes = 81.
reorder points = 124
How to solve for the optimal safety stockR - mean
124 - 98
= 26
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_________ addresses the means by which leaders provide direction to get workers to accomplish tasks whereas _________ addresses how leaders interact on a personal level with workers.
Leadership addresses the means by which leaders provide direction to get workers to accomplish tasks whereas relationship addresses how leaders interact on a personal level with workers.
What is leadership?Leadership explains how an individual is able to lead someone that is subjected to him for guidance, counsel and training.
It describe the relationship that exist between followers and the leader and how it influence the learning process.
Therefore, Leadership addresses the means by which leaders provide direction to get workers to accomplish tasks whereas relationship addresses how leaders interact on a personal level with workers.
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I NEED HELP!!!!!!!!!!!!!!!!!!
Answer:
I am not home, I'm at church service will return home on Tuesday
The leadership aspect of managerial leaders is to ______, while the management part is to ______.
The leadership aspect of managerial leaders is to influence, while the management part is to facilitate. Read below on qualities of a leader.
What are the qualities of a good leader?The qualities of a good leader are the following:
IntegrityAbility to delegateCommunicationSelf-awarenessGratitudeLearning agilityInfluenceEmpathyCourageRespectTherefore, leadership aspect of managerial leaders is to influence, while the management part is to facilitate.
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The pay ratio reporting policy, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, requires that companies report the ratio of their average worker's pay to that of Multiple Choice other workers in the same industry. minimum wage. their competitor's average pay. exempt employees. the CEO.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 made it such that companies report a ratio of average worker pay to that of the CEO.
What does the Dodd-Frank Pay ratio entail?Passed in 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act aimed to make it such that the 2008 financial crisis would not happen again.
One provision that the act included, attempted to make salaries more equitable by ensuring the companies reported a pay ratio where average salary was compared to that of the CEO.
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Why do current and available balances sometimes show different amounts of money in the same account?.
Current and available balances sometimes show different amounts of money in the same account because of: Pending transaction.
What is current and available balance?Current balance is the balance you have in your account while available balance on the other hand is the balance in your account that you have access to withdraw at any period of time.
The major reason why current and available balance may differs is because some transaction you made has not yet being processed by your bank.
Therefore current and available balances may show different amounts of money in the same account because of: Pending transaction.
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Straight-line, declining-balance, and activity-based refer to methods commonly used to.
Answer:
depreciate
Explanation:
Straight-line, declining-balance, and activity-based refer to methods commonly used to _depreciate_ property, plant, and equipment.
Answer:
depreciate
Explanation:
Straight-line, declining-balance, and activity-based refer to methods commonly used to .... depreciate... property, plant, and equipment.
Using the 7/70 method, a person with an $80,000 annual income should purchase how much life insurance?.
Answer:
$80,000, So, the amount of life insurance that should be bought is: = ($80,000 × 70%) × 7 = ($80,000 × 0.7) × 7 = $56,000 × 7!
Explanation:
Hope this helps you!
If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
Answer:
2%
Explanation:
Ugar has relocated a production firm to a country that has lower production costs, and is closer to his customers. What type of advantage does this offer Ugar's firm
The advantage offered to Ugar by relocating their production firm is a reduction in the cost of doing business.
What advantage does Ugor gain?When Ugor relocated to the country that has a lower production cost, it means that they will spend less to produce their goods and services.
He will also spend less on transporting his goods to his customers. These reduced costs mean that his cost of doing business has reduced.
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When negative externalities exist, an unregulated market will produce ______ of the good and the price will be ______ when compared to the efficient level of production.
When negative externalities exist, an unregulated market will produce too much of the good and the price will be low when compared to the efficient level of production.
What is a negative externality?This is type of externality that occurs when the production or the consumption of a good brings about extra costs for another party.
When this is the case, then it may result in one party having benefits and the other party suffering for the benefits.
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The demand curve for a monopolistically competitive firm is downward sloping because
A. there are a large number of firms
B. the product is produced by using scarce resources
C. the products produced by different firms are not identical
D. it is easy for firms to enter or exit the market
E. the marginal cost rises as output produced increases
The demand curve for a monopolistically competitive firm is downward sloping because the products produced by different firms are not identical.
What is monopolistic competition?A monopolistically competitive firm is a firm where there are many sellers and buyers of differentiated goods. Sellers set the price for their goods and services.
In a monopolistic competitive market, there are large number of sellers which are producing similar products or close substitute but the products are different enough that the demand curve for each firm is downward sloping.
Hence, the demand curve for a monopolistically competitive firm is downward sloping because the products produced by different firms are not identical.
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If an insurer is incorporated in Rhode Island, but primarily does business in New York, what type of insurer is this considered in New York
If an insurer is incorporated in Rhode Island, but primarily does business in New York. This is called foreign insurer.
Who is an insurer?An insurer can be defined as a person who insured a person or a person who provide insurance coverage.
An Insurer has their business situated or established in the United States of America but carried out is business activities in another country like New york this will be tend to be called foreign insurer in New york because the business is not domiciled in New york but United state of america.
Inconclusion this is called foreign insurer.
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According to the business cycle represented in the diagram above, the actual rate of unemployment equals the natural rate of unemployment when the economy is.
According to the business cycle, the actual rate of unemployment equals the natural rate of unemployment when the economy is on the potential line.
What is Unemployment?This refers to the situation in which a person is without paid employment and cannot adequately cater to his needs.
Hence, we can see that from the complete question, there is an image attached which shows real output graphed against time and there is the expansion, peak, etc and there is equality between the actual and natural rate of unemployment on the potential line.
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#SPJ1
A supporter of free-market policies in the late twentieth century would have most likely explained that the policy argued for in the passage did not sufficiently.
A supporter of free-market policies would argue that the passage didn't liberalize the Chinese economy because only fourteen cities were opened for foreign investment and trade.
What is free market economy?A free market is where the prices of goods and services are determined by the forces of demand and supply hence there's little government intervention.
Here, the prices for goods and services in a free market economy are self-regulated by buyers and sellers without any external interference.
Hence, a supporter of free-market policies would argue that the passage didn't liberalize the Chinese economy because only fourteen cities were opened for foreign investment and trade.
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Wat is NOT taken into account when determining a person's career path?
Answer:
genetics
Explanation:
What is the craziest thing you've ever done, and would you do it again?
If you could do anything knowing you would not fail, what would you do?
If a genie granted you three wishes right now, what would you wish for?
What's your biggest regret in life?
What do you think about when you're by yourself?
Answer:
01) yh for sure I'll do it again... I always doing it like staring to stranger eyes till they getting shy
02)my exams gosh
03)having my bff again.
being a good girl
nvm nothing else
04) having a stu.pid relationship with a boy nvm
05)sensitive
What is it called when advertising reaches people who are not part of the target market and are not potential customers
When advertising reaches people who are not part of the target market and are not potential customers. This is called waste coverage.
What is waste coverage?Waste coverage can be defined as the way in which an advert reach people who the advert was not target at.
This type of advert is classified as waste coverage because the advert is not meant for the people or population that saw the target simply because advert coverage exceeded the buyer which the advert was target at.
Therefore when advertising reaches people who are not part of the target market and are not potential customers. This is called waste coverage.
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Lazer industries, inc. manufactures medical equipment parts and accessories. assume all amounts are pre-tax and a 21% tax rate for 20x1.
net sales $1,200,000
interest expense $150,000
gain on sale of discontinued operations $400,000
cost of goods sold $300,000
selling, general and administrative expenses $170,000
gain on sale of investments $30,000
restructuring charges $20,000
required:
prepare a multiple-step income statement for lazer industries, inc. based on the available information for the year ended december 31, 20x1.
The multi-step Income Statement for Lazer Industries, Inc. for the year ended December 31, 20x1 is as follows:
Lazer Industries, Inc.
Multi-step Income StatmentFor the year ended December 31, 20x1
Net sales $1,200,000
Cost of goods sold $300,000
Gross profit $900,000
Expenses:
Selling, general and administrative $170,000
Operational income $730,000
Interest expense $150,000
Ordinary Income before tax $580,000
Gain on sale of
discontinued operations $400,000
Gain on sale of investments $30,000
restructuring charges ($20,000)
Taxable income $990,000
Tax on ordinary income $207,900
Net income $782,100
What is a multiple-step income statement?A multiple-step income statement is an income statement that categorizes incomes and expenses into operating and non-operating heads so that the net income can be computed after taking into account operating, ordinary, and extraordinary revenues and expenses.
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Which of the following are characteristics of hard money? i. donations from individuals and interest group pacs ii. regulated by the federal election commission iii. goes directly to a political candidate iv. can be used for advertising or other campaign expenses a. i, ii, iii, and iv b. i and ii only c. i, iii, and iv only d. ii, iii, and iv only please select the best answer from the choices provided a b c d
The characteristics of hard money include donations from individuals and interest group PAC'S, and they are regulated by the Federal Election Commission.
What is hard money?Hard money and soft money are often used to describe the type of currency and also refer to political currency in the United States.
These two combined factors are the definition of what is considered "hard money" in politics.
Hard money is separated from soft cash, because the latter comes from a donation that can be controlled by the Federal Election Commission.
Thus, the correct answer is option B.
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why doesn't school teach taxes
Answer:
Well, Who knows but I'd assume they deem it unimportant. for our class because of we were a higher class our parents would teach us how when we were ready
Answer: People file different kinds of taxes. They can't teach you every kind of tax in depth on how to go through it. For example, for personal income taxes, there are currently three different types of forms that someone could file.
Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please select the best answer from the choices provided t f
It is false that management generally resists allowing employees to manage their own workflow because it decreases their motivation.
What are the impacts of allowing employees to manage their workflow?Employees when have the authority and responsibility in managing their own tasks then it creates higher productivity. It is due to their rise in motivation as management enhances their empowerment and involvement in the workplace.
Thereffore, when management does not offer power to control and make decisions for their task then it would dissatisfy them with work procedures.
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Answer:false
Explanation:took the test
You have $55,000 in a savings account that pays 2% interest per year.
The inflation rate that year is 3.24%.
To calculate simple interest: Principal x Rate x Time = Interest
How much do you make in interest in a year?
Answer:
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Explanation:
In a savings account, amount $55,000 which pays 2% interest each year and the rate of inflation is 3.24% gives,
1.The interest make in a year is $1100
2. Spending power need to make to keep up with inflation in that year is $1782.
3. Buying power lose in that year because of inflation is $682
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Ammunition Handlers conduct joint inventory with the unit using _________ to ensure the unit is getting the correct quantities and types of ammunition.
The DA Form 3151-R is used to ensure the unit is getting the correct quantities and types of ammunition.
Who are the Ammunition Handlers?These are people that conduct a periodic inventory of ammunition, ammunition components and ammunition related material.
They also perform a principal duties of receipt, storage, and issue of ammunition etc.
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A customer service team identifies a goal of three business days for addressing all customer concerns. In the context of a control process, this goal is
A customer service team identifies a goal of addressing the customers by imitating corrective action.
What is Customer support teams?Customer support teams serves as the team that provide technical assistance with products so as to answer customers' questions .
Conclusively, The goal of customer support teams is to provide the customers with interactions and answers to their questions.
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Tariffs help increase market security for traders and investors?
True Or False
Answer:
The answer is true.
Explanation:
They help import and export goods and they are like a safeguard.
When actual revenue ______ what the revenue should have been, the variance is labeled favorable.
When actual revenue exceeds what the revenue should have been, the variance is labelled favourable.
Hope that helps!
Answer:
Answer is exceeds
Explanation:
Which of the following is a positive externality?
Answer:
Research and development (R&D) conducted by a company can be a positive externality. R&D increases the private profits of a company but also has the added benefit of increasing the general level of knowledge within a society. Similarly, the emphasis on education is also a positive externality.
Explanation:
Choosing a beautiful design for a building will give benefits to everybody in society. Education or learning new skills. With better education, you are more productive and can gain more skills. But, also the rest of society benefits from your new skills
A shift towards a higher proportion of sales of products with a lower contribution margin per unit will most likely result in a(n) ________.
A shift towards a mix of products with a lower contribution margin per unit will most likely result in unfavorable sales-mix variance.
What is Sales mix variance?Sales mix variance serves as the difference between a budgeted sales mix as well as the actual sales mix of the company.
When there is a shift with a lower contribution margin per unit then we can say it's unfavorable sales-mix variance.
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Many companies moved their operations from new england and the midwest to locations in the south because
Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.
Change of operation location from midwest to southThe major reason why most companies tend to moved their operation to south was to maximize profit.
Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.
This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.
Inconclusion the South had less expensive site factors than northern regions.
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Bell's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking to take over as the market share leader in the segment. Without sacrificing contribution margin, what can the Bell product manager do in order to improve upon the buying criteria, and thus potentially increase demand
Bell product manager can increase the promotion budget to gain greater awareness in order to improve upon the buying criteria, and thus potentially increase demand.
What is promotion budget?A promotional budget is a specified amount of money set aside to promote the products or beliefs of a business or organization.
Promotional budgets are created to anticipate the essential costs associated with growing a business or maintaining a brand name.
Hence, Bell product manager can increase the promotion budget to gain greater awareness in order to improve upon the buying criteria, and thus potentially increase demand.
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