Answer:
Reorder point is 40
Explanation:
Reorder point is the level of inventory which trigger the purchase of new inventory.
The formula for Reorder point is
Annual demand * Leadtime + Safety Stock
Reorder Point = 1040 / 365 * 14 days + 0
= 40.
The lost sales cost is $50 in goodwill, Furnco should keep a safety stock of at least 30 chairs in order to meet demand level.
Answer:
Yes Gordon can sue Floors n' Mores for the settlement of the contract keeping in mind that Gordon has made partial completion of the contract. Full payment would be determined based on the completion of the total work in line withe the plans submitted when the contract was signed
Explanation:
In order to understand the scenario in case if Gordon wants to sue Floors n Mores they can only be compensated for the amount of project completion in line to the expectations that matches to Floors n More.
For Example if 75% of the work is in line with the expectation of Floors N More then Gordon should be paid total amount payable multiply by 75%.
Usually in such cases if the contract is fulfilled to certain extent it is preferred to close the contract based on the %age of completion because major reconstruction, buying of fixtures and furniture was executed. Hence major risks and rewards were transferred to Floors n Mores.
Answer:
10.60%
Explanation:
First, we calcualte the returns and then solve for the rate like a normal compounding:
<u>returns:</u>
annual coupon payment. 1,000 face value x $ 13.68 = $ 136.80
sales price: 913.73
<u>total:</u> 136.8 x 6 + 913.73 = 820.80 + 913.73 =
<em />
<u>cost: </u> 947.68
to record the effective rate of return:
![\sqrt[6]{\frac{1,734.5}{947.68}} -1 = r_e](https://tex.z-dn.net/?f=%5Csqrt%5B6%5D%7B%5Cfrac%7B1%2C734.5%7D%7B947.68%7D%7D%20-1%20%3D%20r_e)
<u>effective rate of return:</u> 0.105992287 = 10.60%
Answer:
A
Explanation:
in this question, we are to select from the options which is the correct answer.
Option A is the correct answer
The Fed can only soften the magnitude of recession, not eliminate them
This is because the fed introduced monetary policy and it’s only implemented to offset the effect so he would be able to relax the effect of recession and high expansion it only suggest mid way to offset the effect of low and high economic activities.
Answer:
I think B
Explanation:
Insurance in short term is something that helps people protect themselves from losing money. So financial losses can be money.
