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2 years ago

Why can the big candy makers produce candy that is less expensive per price?

Business

1 answer:

cricket20 [7]2 years ago

8 0

Bc a lot of people buy their products, so they have enough money to make a profit even if they sell it at a lower cost.

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Last year the prices of beef at Damon’s Butcher Shop fluctuated. During the same 12 month period the amount of beef sold each qu

Talja [164]

Just by reading the excerpt we can say that between October and December prices for beef were high. As were Janurary and March because they only sold 10,000 pounds between the months of October and December. July and September was a good month yet they still did not sell as much as they did Between the months of April and June. So the answer is C) April and June

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2 years ago

Which of the accompanying boxplots likely has the data with the larger standard deviation? why?

Paraphin [41]

The answer is Boxplot II. The standard deviation for the data associated with Boxplot II will likely have a larger standard deviation. Boxplot II has a greater spread than Boxplot I, as measured by the interquartile range, which is related directly to the standard deviation of a data set.

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2 years ago

University of Florida football programs are printed 1 week prior to each home game. Attendance averages 75 comma 000 screaming a

Ann [662]

Answer :

a) Cost of underestimating demand = $3

b) Average cost per program =$1.90

c) number of program ordered 51,503

d) Stock out risk = 0.3878

Explaination :

As per the data given in the question,

Total purchased program = (2 ÷ 3) × 75,000 = 50,000

Unsold program = 10% × 50,000 = 5,000

a) Cost of underestimating demand = cost of each program - cost to print each program

= $5 - $2

= $3

b)Average cost per program = cost to print each program - amount got for sending it for recycling

= $2 - $0.10

= $1.90

c) Service level = Cost of underestimating demand ÷ (Cost of underestimating demand + Average cost per program)

= $3 ÷ ($3 + $1.90)

= 0.6122

So, Z is 0.3005

Therefore number of program ordered = 50,000 + 0.3005 × 5,000

= 51,502.5

= 51,503

d) Stock out risk = 1 - Service level

= 1 - 0.6122

= 0.3878

We simply applied the above formulas

8 0

2 years ago

A country's ability or intention to meet its financial obligations determines its ________. political risk economic risk legal r

MArishka [77]

<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>

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2 years ago

Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below

posledela

Answer:

60,000 units

Explanation:

January February

Budgeted production 50,000 60,000 (4)

Raw materials per unit 2 pounds 2 pounds

Raw materials needed 100,000 120,000 (3)

Add: Ending raw materials 36,000 (2) 48,000

Raw materials available 136,000 (1) 168,000

Less: Beginning raw 30,000 36,000

materials

Budgeted raw materials 106,000 132,000

Note:

1. Budgeted raw materials for January = Raw materials available - Beginning raw materials

106,000 = Raw materials available - 30,000

Raw materials available = 106,000 + 30,000 = 136,000 pounds

2. Raw materials needed + Ending raw materials = Raw materials available

100,000 + Ending raw materials = 136,000

Ending raw materials = 136,000 - 100,000 = 36,000

3. As the company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs, the raw materials needed for the month of February -

Ending raw materials for January = Raw materials needed for February × 30%

or, 36,000 = Raw materials needed for February × 30%

Raw materials needed for February = 36,000 ÷ 30%

Therefore, Raw materials needed for February = 120,000

4. Budgeted production × Raw materials per unit = Raw materials needed

Budgeted production = Raw materials needed ÷ Raw materials per unit

Budgeted production = 120,000 ÷ 2 pounds = 60,000 units

7 0

1 year ago