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Step2247 [10]
2 years ago
12

The rising popularity of bubble and squeak as a breakfast item on the menu has resulted in a steady demand for peas. Over the co

urse of the past week, 457 patrons have ordered the hearty breakfast and each serving contains a half cup of English peas. It costs two cents to hold a half cup of peas in inventory for a year and $3 to place an order (remember they come all the way from England!). It takes two weeks to ship a container from England loaded with peas. What is the average inventory if they order at the optimal order quantity?
Business
1 answer:
Paha777 [63]2 years ago
6 0

Answer:

The average inventory if they order at the optimal order quantity is 1.335

Explanation:

Accordin to the formula

Optimal order quantity = \sqrt{2*yearly demand * Order cost/Holding cost}

=\sqrt{2*52*457*3 / 0.02}

= 2670

Average inventory = Optimal order quantity / 2 = 1335.

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Lana needs to create forms for tables in her database to ensure consistency with data entry. What is the easiest way to achieve
Rashid [163]

Answer:

Form wizard

Explanation:

In microsoft access, form wizard is a menu that user can choose to create forms with specific adjustment rather than pre-determined design in the normal form option.

Using form wizard, User can select the fields that he/she wants to include and letting you determine how the data is sorted and grouped.

3 0
2 years ago
John, a line supervisor, has decided to increase Kerry's responsibilities by delegating more work to her station. what is the fi
melomori [17]
<h2>Clarify the assignment would be the first step john should take to increase Kerry's responsibilities.</h2>

Explanation:

Option A: If a new work is assigned or an additional work is assigned, it is necessary to first explain about the new responsibility and clarify about the assignment. This would ensure Kerry to continue the work smoothly.

Option B: Feedback is always welcome but this is not the first step to add responsibilities.

Option C: Notifying others is the responsibility of John and not Kerry. So this choice is invalid.

Option D: Accountability though it is mandatory comes only in the closure part.

7 0
2 years ago
Companies using LIFO are required to disclose the amount at which inventory would have been reported had it used FIFO. Similarly
Irina-Kira [14]

Answer:

True

Explanation:

LIFO is in fact, only allowed to be used in the United States, because under the new IFRS (International Financial Reporting Standards), the used of LIFO has been prohibited.

The reason for this, is that LIFO inflates the value of inventory, because the (usually) lower cost of old inventory is what is reported.

This is why companies using LIFO are obliged to report the hypothetical value of the inventories had they used FIFO.

8 0
2 years ago
Last month, Korey's Comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. Calculate Korey's g
nevsk [136]

Answer: 76.3%

Explanation: Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.

Gross profit margin = (gross profit ÷ net sales) * 100

Gross profit = $3,320

Net sales = $4,350

Gross profit margin = ($3,320÷$4,350) * 100

0.763 * 100 = 76.3%

7 0
2 years ago
Read 2 more answers
If a company wanted to quickly identify which employees speak spanish, what would be the best way to do this?
lina2011 [118]
The best way to do this would be have a section in the application for the job in question that asks applicants to list all fluent languages. This way it is easy to tell when a person is able to speak a different language, like spanish, and when the potential employee is not bilingual.
Hope this helps you.
5 0
2 years ago
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