within reason, everyone can benefit from ______ goods and there is no effective way of excluding individuals from the benefits derived from them once they exist.
Answers
Within reason, everyone can benefit from public goods, and there is no effective way of excluding individuals from the benefits derived from them once they exist.
The term "non-excludability" refers to the fact that once a public product is delivered, it is difficult or impossible to prevent people from reaping its advantages. A clean environment, for example, or national defence are examples of public goods that benefit all members of society, regardless of their contribution or involvement.
Non-rivalry indicates that the consumption of a public good by one individual does not reduce its availability or benefit to others. For example, when one individual benefits from national security, it does not lessen the security afforded to others. Because of these qualities, it is difficult to prevent people from profiting from public goods. This is because charging individuals for the use or consumption of public assets is problematic because they cannot be effectively controlled or distributed based on individual contributions.
As a result, collective methods such as government financing or taxation are often used to deliver and finance public goods. This guarantees that all members of society have equal access to and benefit from these commodities, fostering general well-being and societal growth.
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Related Questions
The Bureau of Labor Statistics would categorize a person as _______ if they were temporarily away from their job because they were ill.A. employed B. unemployed C. a discouraged workerD. out of the labor force
Answers
If a person is temporarily away from their job due to illness, the Bureau of Labor Statistics would still classify them as "employed." This is because the person still has a job, even if they are not currently able to work due to the illness.
However, if the person is not currently working and actively seeking employment due to the illness, then they would be classified as "out of the labor force." "Unemployed" is typically reserved for individuals who are not currently working but are actively seeking employment. "Discouraged worker" is a specific category of those who are out of the labor force and have given up searching for work due to a lack of opportunities or success.
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The advertising industry was worth how much money in 1920
Answers
Answer:
nearly 3 billon
Explanation:
Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
Answers
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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assume abc corp. had $6,300,000 in revenues and the profit margin of 15%. if abc corp. also had $9,100,000 in total assets and had the debt ratio of 43%, what was abc corp's return on equity (roe)? group of answer choices 10.38% 15.81% 17.63% 18.22%
Answers
ABC Corp.'s return on equity (ROE) is 15.81%.
Determine net profit. A 15% profit margin means that $945,000 was made in net profit.
tally up all the equity. The sum of all assets minus all liabilities is the total equity. The debt ratio and total assets can be multiplied to find the total liabilities.
Total liabilities in this scenario would be $9,100,000 x 43%, or $3,903,000.
Thus, the total equity is equal to $9,100,000 - $3,903,000 = $5,197,000.
Calculate the return on equity (ROE). Net profit is divided by total equity to determine return on equity (ROE).
The ROE in this scenario is calculated as $945,000 / $5,197,000 = 15.81%.
Compare one response to the other. The computed ROE of 15.81% agrees with the 15.81% figure provided.
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Explain 4 very important skills that are necessary for success in Human resources Management?
Answers
Important skills for success in Human Resources Management include communication, interpersonal, problem-solving, and organizational skills.
Four very important skills that are necessary for success in Human Resources Management are:
1. Communication skills: Effective communication is essential in HR management. HR professionals need to communicate clearly and confidently with employees, management, and external stakeholders. They must be able to listen actively, articulate ideas, and convey information accurately.
2. Interpersonal skills: HR managers work with diverse individuals, including employees, job applicants, and executives. Strong interpersonal skills enable them to build positive relationships, resolve conflicts, and collaborate effectively. Empathy, diplomacy, and tactfulness are important for fostering a supportive work environment.
3. Problem-solving skills: HR managers encounter various challenges, such as handling employee conflicts, addressing performance issues, and designing effective HR policies. Problem-solving skills enable them to analyze situations, identify underlying issues, and develop practical solutions. Critical thinking, creativity, and adaptability are key in finding resolutions.
4. Organizational skills: HR managers handle multiple responsibilities simultaneously. Being organized helps them manage recruitment processes, maintain employee records, administer benefits, and ensure compliance with legal requirements. Strong organizational skills allow them to prioritize tasks, meet deadlines, and maintain efficiency.
In conclusion, important skills for success in Human Resources Management include communication, interpersonal, problem-solving, and organizational skills.
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Able Company's unit manufacturing cost is:
Variable Costs
$50
Fixed Costs
25
A special order for 2,000 units has been received from a foreign company. The unit price requested is $55. The normal unit price is $80. If the order is accepted, unit variable costs will increase by $2 for additional freight costs. If the order is accepted, incremental profit (loss) will be
Answers
To calculate the incremental profit (loss) for Able Company if they accept the special order, we need to consider the changes in unit price and unit variable costs.
Given:
Variable Costs: $50
Fixed Costs: $25
Unit Price (Normal): $80
Unit Price (Special Order): $55
Additional Variable Costs (Freight): $2 per unit
To calculate the incremental profit (loss), we can subtract the total incremental costs from the incremental revenue. The incremental revenue is obtained by multiplying the difference in unit prices by the number of units in the special order. The incremental costs are the additional variable costs per unit multiplied by the number of units.
Incremental Revenue:
= (Unit Price - Unit Price (Special Order)) * Number of Units
= ($80 - $55) * 2,000
= $25 * 2,000
= $50,000
Incremental Costs:
= Additional Variable Costs per Unit * Number of Units
= $2 * 2,000
= $4,000
Incremental Profit (Loss):
= Incremental Revenue - Incremental Costs
= $50,000 - $4,000
= $46,000
Therefore, if Able Company accepts the special order, the incremental profit will be $46,000.
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1.What is MONEY?
2.did MONEY help you?
pls ans im back
Answers
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
When compared to exchange systems that rely on money, disadvantages of the barter system include:____.
Answers
In the barter system, items are swapped for other goods. When there is a two-fold coincidence of wants, this exchange of products for goods functions well. In the absence of such, a large number of pointless transactions must be made, wasting resources.
The requirement of a twofold coincidence of wishes is one of the drawbacks of the barter system in assessment to trading structures that depend upon cash.
The incapability to make postponed payments, the absence of a general unit of size, the problem of storing products, and the absence of double accident of wishes are other drawbacks of the barter machine.
the lack of a double coincidence of needs in barter is resolved by using cash as a medium of alternate because it separates the acts of sale and buy. Whoever needs your commodities should buy them from you for money, and you should purchase items from every person who desires to promote them for money. the use of cash as a form of change is typical.
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The government claimed that, to illegally control the market, Microsoft used
a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.
Answers
Answer:
B. Predatory pricing and buying out competitors
Question 9 of 10
Which of the following is not a suspicious email characteristic?
Offers that seem too good to be true
Emails claiming to be from government offices
Threatening emails or emails that appeal to sympathy
Spelling and grammar mistakes
Answers
Offers that seem too good to be true is not a suspicious email characteristic
What is a suspicious emailThe correct answer is "Offers that seem too good to be true" because while it is a common tactic used in phishing scams, it is not necessarily always a suspicious email characteristic. Other suspicious email characteristics include requests for personal information, unsolicited emails, emails that appear to be from a government office or financial institution, and emails that contain spelling or grammar mistakes.
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DirectionsYou received your bank statement in the mail, and now you need to balance your checkbook. The account register is the record of your checking account.» Use the bank statement to balance your account.» Read the statement and make sure all transactions (deposits, withdrawals, transfers, electronic bill payments and checks) are written in your account register. Put a mark next to each one. Add any missing transactions and fix incorrect ones.» Record any bank fees in the debit column of your account register.» After you have fixed your account register, use the form below to see if your checkbook is balanced. The ending balance should match your account register. What is personal finance?Balance on bank statement: $________
Answers
A bank statement is a document (also known as an account statement) that is typically sent by the bank to the account holder every month, summarizing all the transactions of an account during the month. Bank statements contain bank account information, such as account numbers and a detailed list of deposits and withdrawals.
Balance on bank statement: $________
Deposits that are not on the bank statement:
DATE AMOUNT
Total deposits (from above) + $ ________
Deposit subtotal = $ ________ (Total deposit +balance on bank statement)
Checks written or withdrawals that are not on the bank statement:
DATE AMOUNT
Deposit subtotal (from above) $ ________
Total withdrawals (from above) - $ ________
Ending Balance = $ ________
Personal finance encompasses the whole universe of managing individual and family finances, taking responsibility for your current and future financial situation, and setting financial goals. It also includes handling individual financial tasks and saving for emergencies.
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how much is a pound of gold worth
Answers
The current gold price per pound as of 2023 is $26,250.
Gold has the chemical symbol Au and the atomic number 79. This makes it one of the highest atomic number elements found in nature. In its pure state, it is a brilliant, somewhat orange-yellow, dense, soft, malleable, and ductile metal. Gold is a transition metal and a group 11 element chemically.
Gold has always been seen as a buffer against inflation since its value rises in an uneven economy. Whether you're wondering if now is the time to acquire gold, or if you're thinking about investing in the future, act immediately. The purest gold is 24-karat gold, whereas 22-karat gold is somewhat less pure. It is difficult to produce and wear jewelry made of 24-karat gold since it is soft and squishy.
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does anyone have a way or trick on using like blocked websites on a school chromebook?
Answers
the revolution in management that is currently under way suggests that the most effective managers of the future will
Answers
The current management revolution suggests that the most effective future managers will need to "be skilled communicators and team players."
This is because, unlike in the past, when employees tend to follow the manager's instructions to the letter without questions, many employees today tend to speak back or ask more questions.
Also, coupled with the fact that many today's employees prefer working without strict supervision, the tendency for conflicts to occur increases, and the need for motivation becomes significant.
Hence, in this case, it is concluded that future managers would need to be good communicators and team players, not just among the executives but also among the lower employees.
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8. According to the Boston Consulting Group's Portfolio Analysis matrix discussed in the Portfolio Analysis lecture, which of the following type of business unit is in an industry with tow industry growth but the firm's business unit has?
A. Dog
B. Cash Cow
C. Question Mark
D. Star
Answers
The answer to the given question is option (A) Dog. According to the Boston Consulting Group's Portfolio Analysis matrix discussed in the Portfolio Analysis lecture, the type of business unit that is in an industry with low industry growth, but the firm's business unit has is Dog.
What is the Boston Consulting Group (BCG) Portfolio Analysis Matrix?The Boston Consulting Group's Portfolio Analysis Matrix is a management tool for strategic analysis and planning, which is commonly used to assess the strengths and weaknesses of a business unit portfolio.
The Boston Consulting Group (BCG) matrix was developed in the 1960s by Bruce Henderson, the founder of Boston Consulting Group, as a tool for evaluating the firm's product line or business units based on their relative market shares and market growth rates.
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When participating in the
___________ ___________ ___________ students and FBLA Chapters
are able to compete with students and chapters ranked the best in the state in competitive events.
The election of State officers occurs at this event.
O National Leadership Conference
O Fall Leadership Conference
O State Leadership Conference
O Regional Leadership Conference
Answers
Answer:
At the National Leadership Conference
Explanation:
Rather than ordering a full appraisal, lenders may utilize an Automated Valuation Model which is a computer program that provides a quick synopsis of value.
True
False
Answers
True
Lenders can use an Automated Valuation Model (AVM) to quickly estimate the value of a property without ordering a full appraisal. AVMs use data such as recent sales of comparable properties, property characteristics, and local market trends to generate an estimated value. However, it's important to note that AVMs may not always be accurate and can be impacted by factors such as property condition and unique features.
Automated Valuation Models (AVMs) are computer programs that provide a quick synopsis of value for properties. They use statistical models and historical data to estimate a property's value. Lenders may utilize AVMs as they are time and cost-effective compared to full appraisals. However, AVMs may not be as accurate as a full appraisal conducted by a professional appraiser.
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good and services are?
Answers
Answer:
A GOOD is an object people want that they can touch or hold. A SERVICE is an action that a person does for someone else. Examples: Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.
Explanation:
Answer:
things that are imported and exported for business purposes
Explanation:
Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
Answers
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
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Ceteris paribus, if north korea increases the size of its military, thenmultiple choiceits production of consumer goods will increase.its production possibilities curve will shift inward.its production possibilities curve will shift outward.
Answers
If ceteris paribus, if north korea increases the size of its military, then Its production possibilities curve will shift outward.
When North Korea increases the size of its military, it is likely to allocate more resources towards the military sector, such as investment in arms and soldiers' salaries. This may lead to a decrease in resources available for the production of consumer goods, thereby reducing the production of consumer goods in the short run.
However, in the long run, the increased military spending may lead to the development of new technology, which can be applied to other sectors of the economy. This could result in an increase in productivity and an outward shift in the production possibilities curve, representing an increase in the maximum potential production of both military and consumer goods.
Therefore, the correct answer is its production possibilities curve will shift outward.
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Explain what is happening in the graph.
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The image shows a graphical representation of a type of mathematical function called a "sigmoid function." The sigmoid function is commonly used in machine learning and neural networks to introduce non-linearity into a model's predictions.
In the image, the x-axis represents the input values to the function, while the y-axis represents the output values. The sigmoid function starts at a low value for very negative input values, increases sharply as the input values become positive, and then levels off at a high value for very large input values. The specific sigmoid function shown in the image is the logistic sigmoid function, which has the formula f(x) = 1 / (1 + e^(-x)). This function is commonly used to map input values between 0 and 1, which can be useful in tasks such as classification or probability estimation.
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What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Popular measures of organizational efficiency include return on investment, output per hour of labor, and ________. achieving sales goals reduction in customer complaints number of employees retained number of franchises created profit per dollar of sales
Answers
The answer to the given question is Profit per dollar of sales.
Popular measures of organizational efficiency include return on investment, output per hour of labor, and profit per dollar of sales are some of the most significant measures of organizational efficiency .
Return on investment (ROI) is one of the most popular measures of organizational efficiency. It compares the return on investment to the cost of the investment. ROI= (Gain from Investment- Cost of Investment)/Cost of Investment .
Output per hour of labor is a metric that measures the amount of output generated per hour of labor used in the process. This is a crucial metric that reflects the efficiency of the organization. The formula for output per hour of labor is the output produced in a specific period divided by the total labor hours used in producing the output.
Profit per dollar of sales is also an essential metric in measuring the organizational efficiency of a company. This measure helps to indicate the company's ability to generate profit from sales. Profit per dollar of sales= Profit/ Sales.
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Arnez Company's annual accounting period ends on December 31. The following information concerns the adjusting entries to be recorded as of that date. a. The Office Supplies account started the year with a $4,000 balance. During the year, the company purchased supplies for $13,400. which was added to the Office Supplies account. The inventory of supplies available at December 31 totaled $2,554
Answers
There was $4,000 in the Office Supplies account at the beginning of the year. The company spent $13,400 on supplies throughout the year. which the Office received.
What do you mean by account?
account. 1 of 2 noun. ac count.: a record of debit and credit entries to cover transactions involving a specific item (such as cash or notes receivable) or a specific person or concern.: a statement of transactions throughout a fiscal period displaying the resulting balance.
The three-year Bachelor of Commerce in Accounting programme, sometimes known as BCom Accounting, focuses on accounting and auditing. Class 10+2 completion from a recognised educational institution with a minimum grade point average of 45% is required for eligibility in the BCom Accounting programme.
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Read the results from a survey of consumers in Anytown. • Fourteen percent of participants desire a store that offers custom-made shoes. • Thirteen percent of participants plan to purchase a new phone in the next year. • Fifty-two percent of participants think an additional pizza place is needed. • Twenty-one percent of participants say they purchase bagels on a daily basis. Based on the survey data, what will occur if a new pizza place opens
Answers
Answer:
D). It will help to satisfy the demand
Explanation:
The opening of a new pizza place would assist in 'satisfying the demands of the customer' which was not being fulfilled earlier. Since the locality has a high demand for pizza and existing pizza shops are unable to cater to this demand completely. This is why the majority of people i.e. 52% feel the requirement of a new pizza place which would help in catering to their demands efficiently. Thus, a new pizza place would increase the supply and balances the demand and supply. Hence, option D is the correct answer.
Answer:
It will help to satisfy the demand
The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?
Answers
Answer:
$6,825.00
Explanation:
50x$130=$6,500.00
$6,500 × 5% = $325.00
$325.+$6,500=6,825.00
QUESTION
Thomas invested $200 in an index fund with an average
annual rate of return of 8.4% and an expense ratio of 0.5%.
What was Thomas' annual rate of return after fees?
Answers
To calculate Thomas' annual rate of return after fees, we need to deduct the expense ratio from the average annual rate of return. In this case, Thomas invested $200 in an index fund with an average annual rate of return of 8.4% and an expense ratio of 0.5%.
Subtracting the expense ratio from the average annual rate of return gives us Thomas' annual rate of return after fees.
Therefore, 8.4% - 0.5% results in an annual rate of return of 7.9%.
Hence, Thomas' rate of return on his investment, after accounting for the expense ratio, was 7.9%.
This calculation is essential for determining the actual returns an investor receives on their investment, as it considers the fees and expenses associated with the investment.
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which of the following would cause an outward shift of the production possibilities frontier? group of answer choices a change in the combination of goods produced a reduction in the size of the labor force an increase in opportunity costs a reduction in inefficiency an improvement in technology
Answers
An improvement in technology would cause an outward shift of the production possibilities frontier.
The production possibilities frontier (PPF) shows the maximum combinations of two goods that can be produced with the available resources and technology. An improvement in technology increases the efficiency of production, allowing for more of both goods to be produced with the same resources. This results in a shift of the PPF outwards, representing the increased potential for production and consumption.
The other options would not cause an outward shift in the PPF:
A change in the combination of goods produced would only affect the specific points on the PPF, not the entire frontier, A reduction in the size of the labor force would decrease the available resources and cause an inward shift in the PPF, An increase in opportunity costs would shift the PPF inward, as resources are reallocated towards the production of one good over the other, A reduction in inefficiency would also result in an outward shift of the PPF, similar to an improvement in technology.
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Theodore Levitt's arguments concerning the globalization of world markets can be supported by which of these facts?
A) Levitt's arguments hold true with respect to consumer goods markets but not for basic industrial products
B) As observed by Levitt, multinational corporations do not tailor their products to suit different countries
C) Academics feel that Levitt understates his case concerning global markets and the fall of multinational corporations
D) Technology is facilitating a convergence of tastes and preferences among consumers in advanced countries of the world.
E) Globalization, in the sense used by Levitt, is the rule in consumer goods markets and industrial markets
Answers
Theodore Levitt's arguments concerning the globalization of world markets can be supported by D) Technology is facilitating a convergence of tastes and preferences among consumers in advanced countries of the world. Option D. is correct.
According to Theodore Levitt, technological and communication advancements allowed multinational firms to sell standardized goods all over the world, contributing to the globalization of markets.
Levitt thought that his reasoning applied to all markets for goods, not just those for consumer items.
Although multinational firms do modify their products to fit the needs of many nations, Levitt predicted that this practice would diminish as tastes and preferences converged.
However, this does not disprove Levitt's fundamental claim regarding the influence of technology on the worldwide market. Academics have criticized Levitt for understating the complexity of the global market and the difficulties faced by multinational firms.
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A company expects to sell D units of a certain product per year. Sales are assumed to be at a steady rate with no shortages allowed. Each time an order for the product is placed, an ordering cost of K dollars is incurred. Each item costs p dollars, and the holding cost is h dollars per item per year. The order quantity (the number of items in each order) is x > 0.
A) Write expression for inventory cost (combined ordering cost, purchasing cost, holding cost).
B) What equation holds when the inventory cost is minimized?
Answers
The expression for inventory cost includes ordering, purchasing, and holding costs is equals to K * (D/x) + p * x + (h/2) * x, the equation that holds when the inventory cost is minimized is p * x^2 + h * x = K * D.
The inventory cost consists of three components: the ordering cost, the purchasing cost, and the holding cost. If the company sells D units of the product per year and orders x items at a time, it will need to place D/x orders per year. Therefore, the ordering cost can be expressed as:
Ordering cost = K * (D/x)
The purchasing cost is simply the cost of the products purchased, which is proportional to the number of items ordered. Therefore, the purchasing cost can be expressed as:
Purchasing cost = p * x
If the company orders x items at a time and sells D units per year, on average there will be x/2 items held in inventory at any given time (assuming a steady rate of sales). Therefore, the holding cost can be expressed as:
Holding cost = (h/2) * x
The total inventory cost is the sum of the ordering cost, the purchasing cost, and the holding cost:
Total inventory cost = K * (D/x) + p * x + (h/2) * x
To minimize the inventory cost, we need to find the value of x that minimizes the total inventory cost equation. To do this, we can take the derivative of the total inventory cost equation with respect to x and set it equal to zero:
d/dx (K * (D/x) + p * x + (h/2) * x) = 0
-K * D/x^2 + p + h/2 = 0
-K * D + p * x^2 + h * x = 0
p * x^2 + h * x = K * D
This equation holds when the inventory cost is minimized, and can be solved for x to determine the optimal order quantity.
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