the process of giving a product an excessive number of features and functionalities, which reduces usability. Because customers may feel overwhelmed by the sheer quantity of alternatives accessible to them
The process of adding excessive or superfluous features to a product over time is referred to as feature creep. Because customers may feel overwhelmed by the sheer quantity of alternatives accessible to them, this may cause a product to become crowded and challenging to use. The need to stay competitive, a lack of understanding of the product's primary function, or a simple inability to resist the urge to keep adding features can all contribute to feature creep. While thinking about new features for a product, product designers and developers must strike a balance between enhancing value and preserving usability.
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how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
13. Why will the New York times not use the word "torture" when Americans are torturing people but have no
problems using this word to describe the actions of the Chinese?
14. What did early Polio researchers think might have caused Polio and why? What was the matter with this?
15. As the 1980's came to a close, what did most people think would happen to the crime rate of the United States?
Why?
16. Why did Police Forces say that the crime rate went down in the 1990's?
17. What surprising reason does economist Steven Levitt put forward as the real reason that crime rates went down
in the 1990's? What does he use to support this idea?
18. What did Steven Levitt learn about incentives when he tried to potty train his daughter?
There are terms that people finds offensive. The answers to the questions are below;
The New York times not use the word "torture" when Americans are torturing people as it is a controversial term, has simple bias in media and who the newspaper is connected with and thus they decided to drop it and use harsh interrogation instead.The Early Polio researchers have different reasons that caused Polio. Though at first, No one knew how polio was been transmitted or what result to it. The first theories state that the virus spread as a result of imported bananas or stray cats. The matter is not feasible and no one knows how true it is.
As the 1980's came to a close, there was a decrease in crime rate and as such most people think that the crime rate of the United States will continue to decrease but instead it went up.
Crime rates indexThe Police Forces say that the crime rate went down in the 1990's because as at in the beginning of 1990s, crime rate was 9.4 % while in the later end or in 1995s upwards, crime rate dropped to 8.2%.What Levitt believed that the sharp drop in the United States crime rate during the 1990's due to factors such as better policing, stiffer gun laws and an aging population. He support his idea using Roe v. Wade decision.
Steven Levitt learn about incentives when he tried to potty train his daughter. He learnt that even small children could work the system and see still see the tricks inherent in the system.
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Picture your ideal retirement and describe.
Answer:
Lots of money
Explanation:
I would want to save up in order to play sports and video games all day. I would also like to travel a lot
Answer:
Explanation:
I am retired. I have a pension that takes care of my needs for now. It won't once the economies realize what they've done. Practically no one will be able to retire.
So I'm lucky in that I can pretty much do what I want within the jurisdiction where I live. Right now the virus is leading us on a merry chase and our borders are closed. I'm told it's a good thing because the medical care is being overwhelmed. I certainly didn't plan that.
I have the best care that anyone could wish for. I have Cancer but my two specialists take of me with a medication that only 10% of the population respond to, so I'm lucky. That's something I didn't plan on either but I should have. Both my parents succumbed to Cancer. And you have to take into account the bad with the good.
I love to travel and look forward to the borders opening up. Nothing is going to hold me up. You must always figure on what interests you have to become what you like to do. Everyone where I am does have an interest, but I don't think watching television should really count. I do like answer questions on Brainly. I've learned how to write answers that I'm satisfied with, even if students are not.
ed bok m Ask Print erences Garcia Company sells snowboards. Each snowboard requires direct materials of $120, direct labor of $50, variable overhead of $65, and variable selling, general, and administrative costs of $23. The company has fixed overhead costs of $675,000 and fixed selling. general, and administrative costs of $141,000. It expects to produce and sell 12,000 snowboards. What is the selling price per unit if Garcia uses a markup of 10% of total cost? (Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts.) Selling price per unit
The calculation of the selling price per unit based on a markup of 10% of the total cost is shown below; Calculation of variable cost:Variable cost = Direct materials + Direct labor + Variable overhead + Variable administrative costs.
Variable cost = $120 + $50 + $65 + $23.Variable cost = $258 per unit. Calculation of total cost:Total cost = Variable cost + Fixed overhead + Fixed administrative costs.Total cost = $258 x 12,000 + $675,000 + $141,000Total cost = $4,191,000 Markup price:Markup price = 10% x Total cost. Markup price = 10/100 x $4,191,000
Markup price = $419,100 Selling price: Selling price = Total cost + Markup price; Selling price = $4,191,000 + $419,100Selling price = $4,610,100; Selling price per unit: Selling price per unit = Selling price / Number of units.
Selling price per unit = $4,610,100 / 12,000.Selling price per unit = $384.18. Therefore, the selling price per unit is $384.
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Which of these is an example of land capital?
A. Small business
B. Oil
C. Money
D. Accountant
The answer is B. Oil.
Answer:oil
Explanation:
just did the test
Empathy involves _____.
feeling pity
active listening
feeling sorry
written communication
Answer:
active listening
Explanation:
Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.
Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.
I hope this helps! :)
☁️☁️☁️☁️☁️☁️☁️
The contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called what
Answer:
Subject to clause.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation that is enforceable by law.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties.
Hence, the contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called subject to clause.
Under a subject to clause, the buyer shall agree to the terms and conditions binding or set forth in the contract by the seller.
This ultimately implies that, there exist an agreement to sell and purchase by the two (2) parties (seller and buyer).
Solution to retain strong relationship between producers and consumers in tanzania
The best solution to retain strong relationship between producers and consumers in Tanzania is to nuture and promote more consumer relationship.
A consumer relation entails a producer's management of its interactions with previous, current and potential consumers.
The consumer relationship is essential to promote and nurture positive relationships with the producer and consumer through interactions and sharing of experiences
Hence, the best solution to retain strong relationship between producers and consumers in Tanzania is to nuture and promote more consumer relationship.
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The following information is provided for Nguyen Company and Northwest Corporation.(in $ millions)Nguyen CompanyNorthwest CorporationNet income 2017$165$420Net sales 20171,6504,900Total assets 12/31/151,0002,400Total assets 12/31/161,0503,000Total assets 12/31/171,1504,000If Nguyen and Northwest are in the same industry and the industry average for return on assets is equal to 30%, which of the following statements is true?A.Nguyen is more profitable than Northwest.B. Northwest is more profitable than Nguyen.C. Both Nguyen and Northwest are more profitable than the average company in their industryD. Nguyen is more profitable than the average company in its industry.
The correct statement is D. Nguyen is more profitable than the average company in its industry. Based on the given information, we need to calculate the return on assets (ROA) for both Nguyen Company and Northwest Corporation to determine which company is more profitable and whether they are more profitable than the industry average.
A financial ratio called return on assets (ROA) gauges a company's profitability in relation to its total assets. It shows how effectively a business uses its resources to make money. The formula for ROA is-
ROA = Net Income / Total Assets
For Nguyen Company:
ROA = $165 million / $1,150 million = 0.143 = 14.3%
For Northwest Corporation:
ROA = $420 million / $4,000 million = 0.105 = 10.5%
Comparing the ROA of both companies, we can see that Nguyen Company has a higher ROA than Northwest Corporation, indicating that Nguyen is more profitable than Northwest.
To determine whether both companies are more profitable than the industry average, we need to compare their ROA to the industry average of 30%.
Nguyen Company's ROA of 14.3% is lower than the industry average of 30%, indicating that Nguyen is less profitable than the average company in its industry.
Northwest Corporation's ROA of 10.5% is also lower than the industry average of 30%, indicating that Northwest is also less profitable than the average company in its industry.
Therefore, the correct statement is D. Nguyen is more profitable than the average company in its industry.
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Gordon worked part-time last year from June through December. It’s now January and he’s preparing to file his taxes. Briefly explain what he needs to do -- and when -- in order to file his taxes.
Since Gordon worked part-time last year from June through December. The way to file his taxes are:
Gather your tax documents in Step 1Step 2: Decide whether to itemize or use the standard deductionSelect a filing status in Step 3 and file your taxes in Step 4.Step 5: Prepare Yourself for Next YearHow can a person file my taxes the simplest way?IRS Free File enables you to complete and submit your federal income tax return online utilizing Free File Fillable Forms, IRS Partner Sites, or assisted tax preparation. It's secure, simple, and free for you to file a federal return.
Therefore, To file returns online, visit the Income Tax Department website at www.incometaxindiaefiling.gov.in. The user ID for registration will be your Permanent Account Number (PAN). Go to the relevant assessment year's e-filing section under "Download" and select the appropriate Income Tax Return (ITR) form.
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True/False: There is great variability between firms in terms of the emphasis they place on and the resouros irnesint HR departments. But for those firms that value HR, it is increasingly the ose that HR marogen ind practitioners must demonstrate the value of their work, partner with other bushess functions ind apost. business and line managers in their day-to-day operations.
True. There is great variability between firms in terms of the emphasis they place on and the resources invested in HR departments. But for those firms that value HR, it is increasingly the case that HR managers and practitioners must demonstrate the value of their work, partner with other business functions, and collaborate with line managers in their day-to-day operations.
HR department plays a significant role in the success of an organization. However, firms differ in their focus on and resources invested in their HR department. HR departments can help organizations to achieve their objectives and goals by recruiting and retaining the right employees, providing training and development programs, designing compensation and benefits packages, and implementing effective HR policies.
But firms that value HR are increasingly realizing the importance of HR departments. HR managers and practitioners must demonstrate the value of their work, partner with other business functions, and collaborate with line managers in their day-to-day operations. This helps organizations to improve their performance, achieve strategic goals, and remain competitive in the marketplace.
For example, HR managers can collaborate with line managers to align HR policies and practices with the business strategy of the organization. This ensures that HR activities support the achievement of organizational objectives. HR practitioners can also work with other business functions to design and implement effective performance management systems, compensation and benefits packages, and training and development programs.
In conclusion, HR departments are essential to the success of an organization. Firms that value HR are increasingly realizing the importance of HR departments and are investing in their HR resources. HR managers and practitioners must demonstrate the value of their work, partner with other business functions, and collaborate with line managers to achieve strategic goals and improve the overall performance of the organization.
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Please help me I know how to do them i just want to make sure im correct
The amount of interest that we will you receive annually on a 7% coupon rate bond with a $1,000 face value equals to $70.
How much interest will we receive?We can calculate the dollar amount of the interest rate by multiplying the bond's face value by its coupon interest rate. To calculate the annual interest on a bond with a 7% coupon rate and a $1,000 face value, you simply multiply the face value by the coupon rate.
Annual interest = Face value x Coupon rate
Annual interest = $1,000 x 0.07
Annual interest = $70
Therefore, you would receive $70 in annual interest on a 7% coupon rate bond with a $1,000 face value.
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If the price elasticity of supply is 1.5, and a price increase led to a 3% increase in quantity supplied, then the price increase is about
Select one:
a. 0.2%.
b. 0.5%.
c. 2.0%.
d. 4.5%
In the event, the price elasticity of supply is 1.5, and a cost increment prompted a 3% increment in the amount provided, then the price increase is approximately 2.0%.
The option (C) is correct.
To work out the rate change in price, we can utilize the recipe:
Percentage change in price = (Percentage change in quantity supplied) / Price elasticity of supply
Considering that the price elasticity of supply is 1.5 and the amount provided expanded by 3%, we can substitute these qualities into the recipe:
Percentage change in price = (3%) / 1.5
Percentage change in price = 2%
Therefore, the price increase is approximately 2%.
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During 2021, Crane Corp. started a construction job with a total contract price of $15000000. The job was completed on December 15, 2022. Additional data are as follows:
2021 2022
Actual costs incurred during the year $6300000 $7350000
Estimated remaining costs 6300000 0
Billed to customer 5400000 11400000
Received from customer 4200000 12000000
Under the completed-contract method, what amount should Crane recognize as gross profit for 2022?
$1350000
$450000
$675000
$2250000
The amount that Crane should recognize as gross profit for 2022 under the completed-contract method is $675,000. Under the completed-contract method, revenue and expenses are recognized.
The contract is completed. The gross profit is calculated as the difference between the total contract price and the total costs incurred. In this case, the total contract price is $15,000,000, and the total costs incurred by the end of 2022 are $6,300,000 (actual costs incurred in 2021) + $7,350,000 (actual costs incurred in 2022) = $13,650,000. To calculate the gross profit for 2022, we subtract the costs incurred in 2022 from the total contract price: $15,000,000 - $13,650,000 = $1,350,000 Therefore, the amount that Crane should recognize as gross profit for 2022 is $675,000 ($1,350,000/2), as it represents 50% of the gross profit for the completed contract. It's important to note that under the completed-contract method, revenue and expenses are not recognized until the contract is completed and the gross profit is only recognized in the year of completion.
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COST OF LIVING-CANADA Based on your current expenses, estimate your annual budget. For simplicity, assume that you own the house and a vehicle from day one. Among others, you should consider electricity, water and sewer, internet, cell phone, food, cleaning supplies, etc. Remember also to consider the cost of entertainment or hobbies. You do not need to support your estimates but ensure that monthly estimates are reasonable. Questions: 1. Present your estimated monthly budget broken down by categories. What is the total estimated annual cost today? 2. What is the value of those lifetime costs at retirement? Assume that the costs are increasing by 0.73% per annum due to changes in the mix of goods and services included?
The estimated monthly budget for various categories of expenses should be presented to determine the total annual cost in the present. The value of these lifetime costs at retirement needs to be calculated, assuming an annual increase of 0.73% due to changes in the mix of goods and services included.
1. Estimated Monthly Budget:
To present the estimated monthly budget broken down by categories, consider the following expenses:
Housing (mortgage/rent, property taxes, insurance, maintenance)Utilities (electricity, water, sewer, gas)Communication (internet, cell phone)Groceries and household suppliesTransportation (vehicle expenses, fuel, insurance, maintenance)Personal care (healthcare, medications, toiletries)Entertainment and hobbiesOther miscellaneous expensesCalculate the total estimated annual cost by summing up the monthly estimates for each category.
2. Value of Lifetime Costs at Retirement:
To calculate the value of lifetime costs at retirement, account for an annual increase of 0.73% in expenses due to changes in the mix of goods and services included. Assuming a certain retirement age, calculate the number of years from the current age to retirement.
Next, apply the annual increase of 0.73% to each category of expenses, considering compounding over the years until retirement. Sum up these inflated costs to find the total value of lifetime costs at retirement.
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Which of the following is the amount of money the business has earned after paying income taxes?
O Sales figures
O Costs of goods sold
O Gross profit
O Net income
Answer:
Net income is the amount of money the business has earned after paying taxes
Which of the following are potential outcomes of a de-purination mutation Select one or more: a. A gene that is suppose to be expressed is not. b. A gene that is supposed to be silent gets expressed. c. A protein is expressed correctly but translation stalls because a codon can't form. d. no change in transcription or translation e. A protein is translated incorrectly
Potential outcomes of a de-purination mutation include: a gene not being expressed, translation stalling or producing an incorrect protein due to disrupted codon formation or frame-shift.
What are potential outcomes of a de-purination mutation?Potential outcomes of a de-purination mutation can include options a, c, and e.
In a de-purination mutation, one of the nitrogenous bases (adenine or guanine) is removed from the DNA strand, resulting in the loss of a purine base.
This alteration can disrupt normal gene expression and lead to different consequences.
Option a, a gene that is supposed to be expressed is not, can occur if the mutation affects a promoter region or a regulatory element, preventing the binding of transcription factors and subsequent gene transcription.
Option c, translation stalls due to the inability to form a codon, can happen if the mutation affects a coding region, leading to the loss of a base required for codon formation.
This can cause premature termination of translation or produce a non-functional protein.
Lastly, option e, a protein is translated incorrectly, can occur if the mutation alters the reading frame or causes a frame-shift, resulting in the production of an aberrant protein with a different amino acid sequence.
Therefore, a de-purination mutation can have diverse outcomes, impacting gene expression, translation, and protein function.
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which of the following statements about finance, accounting, or financial management is most correct? group of answer choices a. accounting is of no value in decision making. b. accounting provides the theory and concepts necessary to help managers make better decisions. c. financial management involves the measurement, in financial terms, of operational events that affect the resources and financing of an organization. d. the primary role of finance is to plan for, acquire, and use resources to maximize the efficiency (and value) of the enterprise. e. financial management is of no value in decision making.
D) The main responsibility of finance is to plan for, acquire, and use resources to increase the enterprise's productivity (and value).
How should finances be managed?Financial management, to put it simply, is the area of business that deals with allocating the available financial resources so as to maximize business success and return on investment (ROI). Professionals in financial management organize, plan, and manage all business transactions.
They concentrate on finding the capital, whether it comes from the entrepreneur's initial investment, debt financing, venture capital, public offering, or any other sources. Professionals in financial management are also in charge of allocating funds in an efficient manner to support the organization's overall financial stability and expansion.
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How does 90 benefit payers?
Employers have options with 90 Degree Benefits, including reference-based pricing, direct facility contracts, concierge medicine, and standard network design.
We provide health plans built on specially developed benefits tailored to the needs of our clients across the nation through 24 offices servicing 560,000 members.
In our opinion at 90 Degree Benefits, a good health plan offers more than simply coverage. You can effortlessly align patients, providers, and payors with our assistance.
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If your company increases its market penetration, what is happening?
A The target market is growing.
В. More people in the target market are buying the company's product.
C. The market saturation of the target market has decreased.
D. Competitors who offer similar products are entering the market.
Answer: More people in the target market are buying the company's product.
Explanation:
Answer:
B.
More people in the target market are buying the company's product.
Explanation:
What are the ethical issues of consumers?
Consumer ethical concerns were mostly justified by unethical behaviour, such as the sale of hazardous items, deceptive and unfair advertising, pricing manipulation, etc. When dealing with customers, ethics are essential.
Conduct that deviates from social norms or is perceived adversely by the public is referred to as "unethical behaviour." Ethical behaviour is the exact opposite of unethical behaviour. Because ethical behaviour complies with most societal norms, the public supports it. Both the buyer and the vendor break the rules of ethics. A few examples of unethical consumer behaviour include shoplifting of small consumer goods, utilising a coupon for items not purchased, and using a product in-store without paying for it. Even while many of these items are only a few dollars in price, when they are all taken into account, the impact on businesses can be surprisingly significant.
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issued a cheque of rs. 39000 to Saurya stores in full settlement.
journal entry
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
essay about How to reduce the negative consequences of
the recession?
To reduce the negative consequences of a recession, measures such as fiscal stimulus, monetary policy, job creation, social support, and international cooperation are crucial.
What measures can be taken to reduce the negative consequences of a recession?To reduce the negative consequences of a recession, several measures can be taken.
Firstly, implementing fiscal stimulus packages can help boost economic activity by increasing government spending, providing tax cuts, or offering financial assistance to businesses and individuals.
Secondly, monetary policy can be employed by central banks to lower interest rates, making borrowing more affordable and stimulating investment and consumption.
Thirdly, investing in job creation and retraining programs can mitigate unemployment and provide individuals with new skills for emerging industries.
Additionally, providing support to vulnerable groups such as the unemployed, low-income households, and small businesses through social safety nets and targeted assistance can help alleviate the impact of the recession.
Finally, fostering international cooperation and coordination can lead to shared solutions, such as trade agreements and joint efforts to stabilize global financial markets.
By implementing these measures in a comprehensive and timely manner, it is possible to mitigate the negative consequences of a recession and lay the foundation for economic recovery.
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Which type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming?.
A strategic channel alliance is a type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming.
Marketing is the activity, set of establishments, and techniques for developing, communicating, handing over, and exchanging offerings that have cost for clients, customers, companions, and society at huge.
The important thing purpose of advertising and marketing is to get humans inquisitive about the products or offerings of a agency. This occurs thru marketplace evaluation, studies and thinking of the hobby of a enterprise's ideal clients and attracting them via messaging which would be educational and helpful to a enterprise's goal group.
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If the price of a pencil is $1.00 and the price of a pen is $2.00, what is the relative price? If the pencil
is $1.50 and the pen is $3.002 If the pencil is $2.00 and the pen is $3.00?
If the price of a pencil is $1.00 and the price of a pen is $2.00. 3 dollars will be the relative price.
$1 + $2 = $3
A price relative is the ratio of the charge of a selected product in a single period to the rate of the identical product in a few different period. In buying power parity (PPP) comparisons a rate relative refers to the ratios of the equal product in two international locations.
The nominal price of a great is its value in phrases of cash, including bucks, French francs, or yen. The relative or actual rate is its fee in terms of some other suitable, carrier, or package of goods.
Relative-price movements convey critical facts approximately the scarcity of specific items and offerings. A growing relative charge suggests that call for is outstripping deliver (or that supply is falling at the back of call for), while a falling relative price denotes just the other.
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Kim ran a small business where she sold refurbished furniture. The following events occurred during the month: a) On April 2, 2022. Kim sold 15 gift cards with a value of $20 each. No GST was charged on the sale. b) On May 1, 2022, Kim sold a refurbished chair with a sale price of $40, plus 5% GST for a total transaction price of $42. The customer paid with a $20 gift card and the remaining in cash. Required: Record the required journal entries for both a) and b) above.
To record the journal entries for the given transactions, we need to consider the accounts involved and their corresponding debit and credit entries. Based on the information provided, here are the journal entries for the given events:
a) On April 2, 2022:
Debit: Cash - $300 (15 gift cards x $20 each)
Credit: Gift Card Liability - $300
Explanation: This entry records the sale of 15 gift cards with a value of $20 each. Since no GST was charged, the entire amount received is recorded as cash, and a liability is established for the gift cards sold.
b) On May 1, 2022:
Debit: Cash - $20 (remaining cash received)
Gift Card Liability - $20 (value of the gift card used)
GST Receivable - $2 (5% of $40)
Credit: Revenue - $42 (total transaction price)
Explanation: This entry records the sale of a refurbished chair with a sale price of $40, including 5% GST. The customer paid $20 using a gift card, and the remaining $20 was received in cash. The GST collected is recorded as a liability (GST Receivable), and the total revenue from the sale is recorded in the revenue account.
Please note that the specific accounts used may vary based on the chart of accounts and accounting practices of the business. It's always recommended to consult with an accountant or follow the company's specific accounting policies when recording journal entries.
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A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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Why would a business prefer to keep an invention secret instead of applying for a patent
To produce x units of a religious medal costs C(x)=18x+32. The revenue is R(x)=26x. Both cost and revenue are in dollars. a. Find the break-even quantity. b. Find the profit from 250 units. c. Find the number of units that must be produced for a profit of $80.
The number of units that must be produced for a profit of $80 is 14 units. To find the break-even quantity, we need to determine the point at which the revenue equals the cost. In other words, we need to find the value of x where R(x) = C(x).
Given:
Cost function: C(x) = 18x + 32
Revenue function: R(x) = 26x
a. Break-even quantity:
To find the break-even quantity, we set R(x) equal to C(x) and solve for x:
26x = 18x + 32
Simplifying the equation, we get:
8x = 32
Dividing both sides by 8, we find:
x = 4
Therefore, the break-even quantity is 4 units.
b. Profit from 250 units:
To find the profit from 250 units, we need to subtract the cost from the revenue at that quantity:
Revenue at 250 units: R(250) = 26 * 250
Cost at 250 units: C(250) = 18 * 250 + 32
Profit = Revenue - Cost
Profit = R(250) - C(250)
Calculate the revenue and cost at 250 units, and then subtract the cost from the revenue to find the profit.
c. Number of units for a profit of $80:
To find the number of units that must be produced for a profit of $80, we set the profit equation equal to $80 and solve for x:
Profit = R(x) - C(x)
$80 = 26x - (18x + 32)
Simplifying the equation, we get:
80 = 8x - 32
Adding 32 to both sides, we find:
112 = 8x
Dividing both sides by 8, we get:
x = 14
Therefore, the number of units that must be produced for a profit of $80 is 14 units.
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