answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Levart [38]
2 years ago
11

A given inventory item has a per-year holding cost of $500. One method of shipping this item is three days faster than the other

, but it is $2.50 more per unit. Using the slower method would be __________ more expensive overall than using the faster method.
Business
1 answer:
maxonik [38]2 years ago
7 0

Answer: $1.61

Explanation:

From the question, we are informed that a given inventory item has a per-year holding cost of $500 and that one method of shipping this item is three days faster than the other, but it is $2.50 more per unit.

Using the slower method would be 1.61 more expensive overall than using the faster method. To do this, the holding cost has to be multiplied by speed differential. From the result gotten, we will now divide by 365 since 365 days make a year.

After the figure had been gotten, we will ow compare it to the actual difference of the shipping cost.

You might be interested in
A population gathers plants and animals for survival. They need at least 360 units of​ energy, 300 units of​ protein, and 8 hide
stellarik [79]

Answer:

0 units of plants and 18 animals.

Explanation:

From the information provided, we know that this population must hunt at least 8 animals, to obtain the hides necessary to survive. When hunting such a quantity of animals, they would also obtain 160 units of energy and 200 units of protein. In terms of costs, this equals 80 hours of labor.

How can the population obtain the additional 200 units of energy and 100 of protein they need to live? They have two options: gather plants or keep hunting animals, of course, respecting the available quantities.

In the former case, at least 10 units of a plant would have to be gathered, this is the only way to obtain the additional units of energy and protein they are looking for. With 8 animals and 10 units of plants, they would have 460 units of energy, 300 of protein and 8 hides, and would have to invest 280 hours of labor.

If the population decided to reduce labor by gathering fewer plants (which is the activity that requires more time) but hunting the same amount of animals, it would obtain 430 units of energy, 290 units of protein and 8 hides. That means that it would not survive because it would not meet the requirement of 300 proteins.

Therefore, the only way to reduce hours of labor without risking survival would be gathering fewer plants but hunting more animals. Following this logic, the optimal amount would be 18 animals and 0 units of plants, as this would allow people to obtain the necessary resources to survive at the minimum cost in terms of labor. Furthermore, it would fit the physical limit of 27 units of plants and 23 animals. This combination would allow to obtain 360 units of energy, 450 of protein and 18 hides by investing only 180 hours of labor.

The attached image shows what happens when the quantity of animals is increased and that of plants is decreased until reaching the optimal combination of 18 animals and no units of plants.

4 0
2 years ago
An examination of the Ricardian model of comparative advantage yields the clear result that trade is (potentially) beneficial fo
Zarrin [17]

Answer:There are gains from trade but the distribution of these gains may not be the same for everyone

Explanation:There are some correlation between economic growth and trade.

Global economics intergration may be a potential factor that causes trade to affect economic growth positively.

When there is global intergration companies learn to adopt new technologies and those which doesn't may phase out ,dynamic firms which can export to the world experience an increase in demand and this lead to these companies gaining the advantage of operating on larger scale where price per unit product becomes lower. This means the company isnt restricted to their country of origin.

They can also lean and be innovative as they obtain more experience from exposures to certain technologies and adopt those technologies and certain standards that make these company compete efficient.

5 0
2 years ago
What is the most important thing about meeting new contacts?
DiKsa [7]

Answer

Forming Relationships

Explanation

This type of connection is business oriented in that a person <u>will have a chance to learn new business ideas from the people he or she meets. </u>Through interaction with the new contacts, <u>a business person could learn new wisdom from others</u>. Other reasons could be; <u>to acquire new clients for the business, gain friendship that could open more opportunities and acquiring of important resources in life.</u>


4 0
2 years ago
Daily Bread Bakeries, Inc., contracts to buy all of its ingredient requirements for bread making, at a certain minimum per year,
ser-zykov [4K]

Answer:

D) a repudiation of the contract.

Explanation:

In contract law, the repudiation of a contract refers to refusal to perform the duties required by the contract. Anticipatory repudiation refers to notifying in advance that one party will not perform. Repudiation is generally considered a contract breach, since one party is refusing to perform.  

In this case, Daily Bread Bakeries signed a contact with Enriched Flour, and even though Daily Bread was sold, the company that purchased it must continue with the contract. The repudiation made by Flat Bread's will most likely result in a lawsuit from Enriched Flour.  

6 0
2 years ago
A physician saw 24 patients on monday, 16 on tuesday, 25 on wednesday, 8 on thursday, and 22 on friday. what is the average numb
Verizon [17]
19...

1st you add the number of patients she had
24+16+25+8+22= 95

2nd divide the number by the days of the week

95/5=19

please vote my answer brainliest. thanks!
4 0
2 years ago
Other questions:
  • An MNC in a developing country is operating amidst severe space​ constraints, and the infrastructural conditions in the city are
    12·1 answer
  • On July 8, Jones Inc. issued an $80,000, 6%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends J
    9·1 answer
  • South Beach Insurance is about to begin using a program that will change the way its adjusters settle insurance claims. Adjuster
    10·1 answer
  • Once a script for a television commercial has been conceived, a writer and an art director collaborate to produce a _____, a ser
    6·1 answer
  • Joshua borrowed $500 on January 1, 2017, and paid $25 in interest. The bank charged him a service charge of $15. He paid it all
    14·1 answer
  • Silicon Technologies, currently sells 17" monitors for $270. It has costs of $210. A competitor is bringing a new 17" monitor to
    6·1 answer
  • The accompanying table shows a small community's demand for monthly subscriptions to a streaming movie service. Assume that only
    13·1 answer
  • Match each of the numbered descriptions with the principle or assumption it best reflects. Enter the letter for the appropriate
    13·1 answer
  • Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an
    5·1 answer
  • Roy agrees to work as a financial advisor on a commission basis for Secure Investments, Inc., and signs an employment contract t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!