Answer:
Total cost = Total ordering cost + Total holding cost
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Ordering cost per order
Q = EOQ
H = Holding cost per item per annum
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √2DCo
H
EOQ = √2 x 40,000 x $48
$1.44
EOQ = 1,633 units
Explanation:
EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.
Answer:
I took some work home because I had to meet an important deadline the next morning. If I am able to finish the work on time and do it correctly, then there is a chance of getting either a promotion or a pay raise. If I cannot complete it on time, I will not get fired, but any chances of a promotion or pay raise in the near will vanish.
Since I was working at home, I couldn't prepare anything for dinner, so I decided to buy food on a website and get it delivered home. I spent $20 on my dinner, even though I could have prepared a similar dinner for $5.
I was willing to pay for the expensive meal because the opportunity cost of preparing dinner instead was too high. I can afford to pay $15 more for eating, but I cannot afford to lose the opportunity of a promotion or a pay raise. Even if I do not get them immediately, not completing my job would have made it much harder to get it in the future.
My decision is rational because I was sacrificing a small amount of money in order to preserve something that is really valuable for me (promotion or pay raise).
All resources are scarce, and in this case, time was scarce. So I had to decide which action was more valuable and which action could yield a higher benefit.
<h2>Answer:</h2><h3>To me i think that the answer is e) ad analysis </h3><h2>Explanation:</h2><h3>she was going around and survey a sample group of people. Then she suggested to her company about they develop a customizable travel application.</h3>
According to management theory, óscar’s firm operates in a rapidly changing industry. He often must apply his excellent "<u>problem-solving skills</u>" to assess problems and develop solutions very quickly.
This is based on the idea that <u>problem-solving skills</u> are essential in assisting individuals in determining the cause of a problem and why it is occurring, including how to decipher the issue.
There are various <u>Problem-Solving Skills</u> include:
- Active listening.
- Analysis.
- Research.
- Creativity.
- Communication.
- Dependability.
- Decision making.
- Team-building, etc.
Hence, in this case, it is concluded that the correct answer is "<u>Problem Solving Skills."</u>
Learn more here: brainly.com/question/21641756
Answer:
a. True
Explanation:
There are two commonly used organization structures by firms. The first one is known as the<em> Functional Organization Structure</em>. The other one is known as the <em>Divisionalized Organisation Structure</em>.
Functional Organization Structure - Activities of a similar type within the company are placed under the control of the appropriate department head. Examples of Functions are Production, Marketing and Finance.
Divisionalized Organisation Structure - Organisations are split up into divisions in accordance with products that are made. These divisions are separate Investment and Cost Centers and decision making is decentralized.
