Answer:
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
Answer: hygiene factors
Explanation:
From the analysis in the question, we can infer that the organization is focusing on the hygiene factors. According to Herzberg, even though the hygiene factors are vital, they don't motivate workers but they may lead to dissatisfaction at workplace when they're not in place.
Examples of hygiene factors are the organizational policies, relationships with co-workers, compensation, physical work environment, and job security.
Answer:
The average inventory if they order at the optimal order quantity is 1.335
Explanation:
Accordin to the formula
Optimal order quantity = 
=
= 2670
Average inventory = Optimal order quantity / 2 = 1335.
<span>Contribution margin ratio is 40% or $24 per unit
Fixed expenses are $28,800
Variable expense per unit is $36
Assuming Q is quantity, sales needed to achieve monthly net equal to 10% of sales is
Sales = Variable expenses + Fixed expenses + profit
$60Q = $36Q + $28,800 + ($60Q x 10%)
$18Q = $28,800
Q = 1600 units
Monthly sales will have to be 1600 x $60 = $96,000</span>
