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zysi [14]
1 year ago
8

Which of following is a TRUE statement about inventory within a continuous review system?

Business
1 answer:
garri49 [273]1 year ago
5 0

Answer:

c. When ordering or setup costs increase, Economic Order Quantity increases

Explanation:

In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.

Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.

In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity

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As the owner of an art gallery with a keen eye for upcoming talent, you find a painting that you feel is sure to net a large pro
pickupchik [31]

Answer:

I would rather sign a contract with talent for a relatively short period say 5 months where I would pay $5000 per month or I would increase the amount paid for the painting to $10000 or $15000

Explanation:

A huge momentarily reward can blind long term gain and during this period.

8 0
2 years ago
When preparing for a business trip to China, Kaylee Putbrese determined she needed to bring $5,200. How much must she borrow for
Sergeeva-Olga [200]

Answer:

Borrowed amount = $5417

Explanation:

Discount note = 4%

This means that Kaylee has 100 - 4 = 96% of the borrowed amount at hand

Cash at hand = $5,200

Let the borrowed amount = X

Cash at hand = 96% of X

5200 = (96/100) * X

X = (5200 * 100)/96

X = $5417

Borrowed amount = $5417

3 0
2 years ago
Read 2 more answers
To lease a new car, you must make a down payment when you sign the lease, then pay $199 per month. six months after signing his
mylen [45]

The solution for this problem is:

Let x be the number of months; and

Let y be the amount paid

We know that m is $199 per month and the two other given are 6 months and 2694.

 

y = 199 (x -6) + 2694

y = 199 (36 -6) + 2694

y = 199 (30) + 2694

y = 8664

 

Mr. Scott paid $8664 after 3 years.

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3 0
2 years ago
In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
Ivenika [448]

Answer: best practices

Explanation: In context of Enterprise resource planning, the most efficient ways to conduct business activities are termed as best practices.

Best practices are those alternatives of doing an activity which are superior to other alternatives as they results in better conclusions than other options. These are generally seen as a techniques or a standard method of performing an activity.

3 0
1 year ago
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Lynn Amherst is a sales associate for Excel Realty. Lynn is preparing a classified ad for a listed property. The company's phone
Ulleksa [173]

Answer: d. Call Lynn Amherst, Excel Realty 333-2020 (cell).

Explanation:

When Advertising it is best to state contact details in terms of what type they are. Lynn in this case should specify to her intended audience that the phone number listed is Lynn's cell phone number so that they do not believe it to be the company's phone number.

3 0
1 year ago
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