The Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. We can calculate the Reorder Point using the formula Reorder Point = μ + (Z-score * σ).
To provide an 82% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution.
To calculate the Reorder Point, we need to consider the mean and standard deviation of the Demand During Lead Time distribution. The mean represents the average demand during the lead time, while the standard deviation measures the variability or spread of the demand.
Let's assume that the mean of the Demand During Lead Time distribution is μ and the standard deviation is σ. To determine the Reorder Point, we need to find the value that is a certain number of standard deviations to the right of the mean.
In this case, we want to achieve an 82% Service Level. This means that we want to have enough inventory on hand to meet the demand during the lead time with an 82% probability. To do this, we need to calculate the Z-score corresponding to the desired service level.
The Z-score represents the number of standard deviations a value is away from the mean. We can use a standard normal distribution table or a statistical calculator to find the Z-score associated with an 82% probability.
Once we have the Z-score, we can calculate the Reorder Point using the formula:
Reorder Point = μ + (Z-score * σ)
By substituting the values for the mean, standard deviation, and Z-score, we can find the Reorder Point.
To summarize, to provide an 82% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. We can calculate the Reorder Point using the formula Reorder Point = μ + (Z-score * σ).
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A census is a regularly-occurring and official count of a particular population. Census data available at the United States Census Bureau website are an example of:_______.
A. Private information
B. Public behavior
C. Private behavior
D. Public information
Considering the demographic information analysis, the Census data available at the United States Census Bureau website are an example of "public information."
What is Public Information?Public Information is a term that is used to describe any information that is made available to the public regardless of the nature or format of the information.
Census Data as a Public InformationGiven that Census data are posted to the United States Census Bureau website where anybody from anywhere in the world can access the information, this is an example of Public Information.
Hence, in this case, it is concluded that the correct answer is option D. Public Information.
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Can't we run a business without training?
yes definitely.......
so whos gonna help me with my family and consumer science finals :/
David Fisher, a recently retired corporate executive, is becoming restless in his new role and would like to make this transition smoother by participating in the business community in some limited manner. Since David is financially secure and primarily interested in some sort of volunteer work, he should consider becoming involved with which of the following SBA programs?
a. ACE
b. SBIC
c. SBDC
d. SBI
e. SCORE
Answer:
E. Score
Explanation:
Dave wants to buy a bike for $180. He has $40. Dave mows lawns for $10 per lawn.
Answer:
He needs to mow 14 lawns.
Explanation:
Answer:
if the question is to find out how much more money he needs the answer is $140. If the question is to see how many lawns he needs to mow the answer is 14 lawns.
Explanation:
What types of procedures in schools could benefit from TQM? If students are regularly late for classes, how can the school use TQM tools to help solve the problem?
Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworker"The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):"
Answer:
This question is incomplete, the options are missing. The options are the following:
A) Overbought condition.
B) Oversold condition.
C) Breakout on the upside.
D) Breakout on the downside.
And the correct answer is the option B: Oversold condition.
Explanation:
To begin with, the name of "Oversold Condition" refers to the situation where the price of an asset has reach a certain level that is relative low in comparison with the prices that it has have before. That situation can last for a long period of time so the most prudent way to act in the eyes of a trader is to wait until the price base out and start increasing.
So that situation in where the market price average is decreasing and reaching to its bottom is called Oversold Condition.
Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Help please!
Answer:
Yes I think those over 35 invest in a market compared to people not 35, because they been though school, and have more experience in the market company.
Explanation:
to be considered an official record the document must be:
To be considered an official record, the document must be authentic and reliable, and it must be accepted as evidence in a legal or administrative proceeding.
What is an official document?An official document is a document that is issued by a government agency, organization, or other official body and that is used to record or communicate information that is considered to be important or official in nature. Official documents can take many forms, including written documents, electronic records, and physical documents such as certificates, licenses, and diplomas.
They may be used to document a wide range of activities and transactions, including legal proceedings, government policies and regulations, financial transactions, and other official business. In general, official documents are considered to be authentic and reliable sources of information, and they are often accepted as evidence in legal or administrative proceedings.
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When Canadians purchase American made DVDs, then for the U.S. economy...
a)consumption spending increases
b)investment spending increases
c)government purchases increase
d)export spending increases
When Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases. The correct option is (a).
What do you mean by the consumption spending?Consumer spending is the total amount of money spent by people and families in an economy on finished goods and services for their own use and enjoyment.
All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.
According to Keynesian theory, consumption of goods and services results in a decrease in production if it does not boost the demand for such commodities and services.
Businesses will fire employees when production declines, which will increase unemployment. Thus, consumption influences an economy's revenue and output.
Therefore, when Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases.
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a budget is a plan for spending money based on income, expenses and
Answer:
TRUE
Explanation:
budgets are made to help design a plan for spending
which of these options for saving money offers the lost liquidity?
The option of saving money that offers the most liquidity is a piggy bank. (option C)
What is liquidity?
Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.
Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.
Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.
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Answer: Savings bonds
Explanation:
The following picture is best described as
a(n)...
A. Organism
B. Community
C. Population
D. Ecosystem
Answer:
organism
Explanation:
a gree fish is an organism
Why is it important to customers that sales are rung up differently? Why is it important to a retailer that sales are rung up accurately? Why is it important for sales to be rung up quickly?
It is important to customers that sales are rung up differently because accuracy in pricing and product information can affect their purchasing decisions and ensure that they are not overcharged. Customers also expect to receive the correct change and a clear and detailed receipt of their purchases.
What is the retailer about?It is important to a retailer that sales are rung up accurately for several reasons. Firstly, accuracy helps to maintain customer trust and loyalty by ensuring that they are not overcharged. Secondly, accurate sales records are crucial for the retailer to track their inventory and make informed business decisions.
Therefore, It is important for sales to be rung up quickly because it helps to minimize wait times for customers, improve the overall shopping experience, and increase the number of customers that can be served in a given time period.
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In what three ways does the government affect production of goods and services in the US economy?
the whole world is currently in a recession. if neither the governments nor the central banks intervened in the economy, what will happen in the long run? g
If neither the government nor the central banks will intervene, then the input prices will fall and the SRAS curve shifts to the right.
SRAS curve may be defined as the curve that shows the relation between price level and the GDP of an economy. As the price level increases on the curve the GDP produced by the economy will also increase. Recession is defined as a situation where the economy or the business of a particular country is in loss or is in a bad shape. If a country is undergoing recession, then it is the job of the government of the country to help the people of the country to come out of this phase. If the government fails to do so then, there are central banks like the World bank which provides loans to countries who are struggling with economic recession. If the central banks did not help a country, then the conditions of the country will be very poor. People will have no money to buy bread, they will lose their jobs, crimes will increase as a result of unemployment, trade and other economic factors will deteriorate.
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Complete Question:
the whole world is currently in a recession. if neither the governments nor the central banks intervened in the economy, what will happen in the long run?
a. Input prices fall and the SRAS curve shifts to the right
b. Input prices rise and the SRAS curve shifts to the left
c. Input prices fall and the AD curve shifts to the right
d. Input prices rise and the AD curve shifts to the left
e. Goods and services prices will fall and AD curve will shift back to its
original pre-recession position.
When you or someone else buys clothing or items produced in a foreign country, who benefits?
Explain your answer.
this is for you so i dont feel bad
issues regarding potential threat from substitute products in a market are addressed in ________.
Issues regarding potential threats from substitute products in a market are addressed in competitive analysis or competitor analysis. Competitive analysis is a process that involves evaluating the competitive landscape and identifying factors that may impact a company's market position and performance.
Within competitive analysis, the examination of substitute products is an important aspect. Substitute products are goods or services that can fulfill similar customer needs or serve as alternatives to a company's offerings. They may come from different industries or sectors but can compete with the company's products by providing similar benefits or satisfying the same customer demands. Identifying and assessing substitute products is crucial for understanding the competitive dynamics of a market.
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Why is Netflix's stocks going down?
Answer:
Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.
Explanation:
Hope this helpes.
y'all anyone have any name ideas for a brand for race cars
im kinda lost right now so any suggestions would be cool I could start from there and evolve
Answer:
turbo rush
Explanation:
Write donw the financial statement that shows the firm's bottom line that is, whether it has made a profit or is operating at a loss?
The financial statement that shows whether a firm has made a profit or is operating at a loss is the income statement, also known as the profit and loss statement.
This statement provides a summary of a company's revenues, expenses, and net income over a specific period of time, typically a quarter or a year. If the net income is positive, it indicates that the firm has made a profit. Conversely, if the net income is negative, it means that the firm is operating at a loss. The income statement is an essential tool for investors, creditors, and other stakeholders to assess a company's financial health and performance. The Income Statement provides a clear view of a firm's financial performance over a specific period, revealing whether it is profitable or operating at a loss.
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Explain if you believe all businesses should have the same promotional strategies.
Answer:
All businesses today have plenty of choices to promote their products or services. In order to create your brand's promotion, it is necessary to, first of all, have a good idea of what makes your product or service unique and what makes you differ from others in the competitive field – this helps you to discover how to promote your company.
Explanation:
Advertising is far-reaching, which allows a large number of people to promote their business. TV, radio, newspapers, magazines, billboards are traditionally included. Social media, ad search ads, notebooks, e-mail are included. These help to build a brand image to reach new and existing customers for companies.
Whilst personal sales are one of the most costly forms of promotion, they are also one of the most effective because they are related. Personal sales involve one person, in person, on the phone, or by e-mail, reaching your consumers.
Public relations, which involves developing a positive brand image in the media, are one of the best promotion techniques. It is a means of reaching your target audience through the sharing of favorable business information. Public relations efforts can be undertaken through press conferences, press releases, and media interviews.
In the short term, a sale promotion is a good way to improve your profit. Such promotion involves discounts, coupons, competitions, awards, loyalty programs, and other incentives that entice customers directly to purchase products.
What is the definition of a team? What is teamwork? Why is learning to work well with others important in life? What is one issue that hinders you from wanting to work with other people? What is one thing you can change so you can be successful when working in teams?
Answer:
Team work is when every one comes together to do or accomplish something and the definition of team is a group of people that play for the same thing it's important in life because when you get into the real world you will have to work with other people even if you don't like them one issue that hinders you from wanting to work with other people is you don't like those other people one thing you can change so you can be successful when working in teams is try to get along with everyone else on the team.
The relationship, or ratio, between a product's perceived benefits and the consumer's costs is known as its
The relationship, or ratio, between a product's perceived benefits and the consumer's costs is known as its perceived value.
Perceived value refers to the subjective assessment that customers make of the benefits they receive from a product or service relative to its cost. It is the perceived worth of a product or service in the eyes of the customer. Perceived value is influenced by a range of factors, including the quality of the product or service, its functionality, design, features, and brand reputation, as well as the price and other costs associated with the product or service. Customers often make comparisons between different products or services in order to assess their perceived value. For businesses, understanding perceived value is important because it can have a significant impact on customer satisfaction, loyalty, and purchasing behavior.
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Given the following information, calculate the effective borrowing cost (rounded to the nearest tenth of a percent). Loan amount: $166,950, Term: 30 years, Interest rate: 8 %, Monthly Payment: $1,225.00, Discount points: 2, Other Closing Expenses: $3,611.
A. 7.7%
B. 8.2%
C. 8.5%
D. 9.1%
To calculate the effective borrowing cost, we need to consider the loan amount, term, interest rate, monthly payment, discount points, and other closing expenses.
Here's a step-by-step explanation:
1. Calculate the total discount points cost:
Loan amount × Discount points percentage = $166,950 × 0.02 = $3,339.
2. Calculate the total closing costs:
Discount points cost + Other closing expenses = $3,339 + $3,611 = $6,950.
3. Adjust the loan amount to account for closing costs:
Loan amount - Total closing costs = $166,950 - $6,950 = $160,000.
4. Calculate the total interest paid over the term of the loan:
(Monthly payment × Number of payments) - Adjusted loan amount = ($1,225 × 360) - $160,000 = $441,000.
5. Calculate the average annual interest paid:
Total interest paid ÷ Term = $441,000 ÷ 30 = $14,700.
6. Calculate the effective borrowing cost:
(Average annual interest paid ÷ Adjusted loan amount) × 100 = ($14,700 ÷ $160,000) × 100 ≈ 9.2%
The effective borrowing cost is approximately 9.2%, which is closest to option D (9.1%).
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A variable can be called or referenced before it has been defined.
O True
O False
Answer:
True.
Explanation:
private property, profits, independent business decisions, and choice are rights associated with
Private property is the right of individuals to own and control their possessions. These rights are associated with individual liberty, as they allow individuals to exercise their autonomy and pursue their own goals and interests.
This means that individuals have the freedom to acquire, use, and dispose of their property as they see fit. Profits are the earnings that are generated through private enterprises. When individuals engage in business activities, they have the potential to make profits, which provides them with financial rewards for their efforts.
Independent business decisions refer to the freedom of entrepreneurs to make choices regarding their business operations without interference from external forces such as the government. This allows entrepreneurs to respond to market demands and make decisions that are best for their businesses.
Choice is the right of individuals to make decisions about their lives and to pursue their own interests. This includes the ability to choose where to live, where to work, and what products or services to purchase.
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which of the following statements is true? i. the two principal goals of macroeconomic policy are price stability and low frictional unemployment. ii. the primary goals of macroeconomic policy are price stability and low unemployment. iii. in order to achieve the two primary goals of macroeconomic policy of price stability ad low unemployment, it is necessary for policy makers to reduce the level of frictional unemployment.
Maximizing the standard of living and achieving stable economic growth are macroeconomics' main objectives
What is the main objective of macroeconomics?Economic indicators are a reliable source of data for monitoring macroeconomic performance.We spoke about how nations have economic objectives including efficiency and equity.Three of these objectives—economic growth, price stability, and full employment—are given more attention in macroeconomics.The following are the macroeconomic objectives of a country's policymakers or government:high real growth rate.Price stability and inflationary management.High employment rate and low unemployment rate that is close to the natural rate of unemploymentA subfield of economics known as macroeconomics studies the composition, functioning, and behavior of the entire economy.It concentrates on topics such as inflation, economic growth, prices of different goods and services, gross domestic product (GDP), national income, and the unemployment rate in a specific nation.To learn more about macroeconomics refer
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