A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona Coffee beans a day. (Demand can be assumed to be distributed normally with a standard deviation of 16 pounds/day.) After ordering (fixed cost = $13 per order), beans are always shipped from Hawaii within exactly 4 days. Per-pound annual holding costs for the beans are $3.
Answers
The coffee shop should order 26 pounds of Kona Coffee beans at a time to minimize the inventory cost.
Firstly, the coffee shop sells an average of 75 pounds of Kona Coffee beans a day. We can assume that the demand is distributed normally with a standard deviation of 16 pounds/day. Here, we can calculate the average daily demand, denoted as 'D' as follows: Average daily demand, D = 75 pounds/day. Now, we need to calculate the standard deviation of daily demand, denoted as 'σ'.σ = 16 pounds/day. The gourmet coffee shop is open 200 days a year, denoted as 'N'.N = 200 days. The fixed ordering cost per order, denoted as 'S' is $13 per order.S = $13/order.
The lead time, denoted as 'L', is 4 days. L = 4 days. The per-pound annual holding cost, denoted as 'H' is $3.H = $3/pound. Now, we can calculate the Economic Order Quantity (EOQ) as follows: EOQ = \(√(2DS/H(1-(D/N)) L)\), Where D is the average daily demand, S is the fixed ordering cost per order, H is the per-pound annual holding cost, L is the lead time and N is the number of working days in a year. Putting the values of D, S, H, L, and N in the above formula, we get \(EOQ = √(2 × 75 × 13/3(1-(75/200)) × 4)EOQ = √(2 × 975/3 × 125/200 × 4)EOQ = √(650)EOQ = 25.49 ≈ 26 (approx).\)Hence, the coffee shop should order 26 pounds of Kona Coffee beans at a time to minimize the inventory cost.
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Related Questions
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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How do economists attempt to predict the next business cycle? (leading economic indicator, Dow Jones
Industrial Average, leading economic index, econometric models)
I need very quickly please!
Answers
Answer:
Leading economic indicator.
Explanation:
Leading economic indicators are objective data regarding the economy of a given country or region, which allow projections of future development of the economy of that place. Thus, based on data such as the current economic performance of the place, inflation, the exchange rate, the unemployment rate, etc., projections can be made about how the future economic cycles of the place will develop.
michelle works in retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Answers
Michelle works in retail and can't decide what products to include in the store's front window display. What is the first step she should take to solve this problem?
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
C. State the problem.
Explanation:
To start with, Michelle must remember why he wants to put the product on the front window display. Next, he has to remember what he gains from displaying the products which are to advertise to potential customers.By stating this problem, Michelle now knows what products to include in the front window display because he can now sort the products that are likely to attract customers and display them.Which of the following of Wegman's motivating factors is an intrinsic motivator?
a. A sense of pride from meeting customer needs
b. Scholarship opportunities
c. The Wegman's retirement plan
d. Adoption assistance
e. Employee discounts on groceries
Answers
The answer choice which shows the Wegman's motivating factor which is an intrinsic motivator is:
a. A sense of pride from meeting customer needsWhat is a motivating factor?This refers to the things which makes a person behave in a certain way with the aim of getting a reward.
What is Intrinsic Motivation?This refers to the pleasures gotten from performing a task or doing a certain action which is for fun, rather for external motivation like money or other rewards.
Therefore, we can see that from Wegman's policy, he was able to get intrinsic motivation from meeting the customer's needs which gave him a sense of pride.
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1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answers
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
As per the bullwhip effect, which member of the supply chain will see the largest variation in demand along the supply chain? a. manufacturer b. wholesaler c. retailer d. consumer
Answers
As per the bullwhip effect, retailer member of the supply chain will see the largest variation in demand along the supply chain. A supply chain is the process through which raw materials and components are transformed into a finished product that is delivered to a client. It consists of a complicated network of organizations and activities.
Including raw material suppliers, producers, distributors, retailers, and the client. SCM provides centralized control over the demand phases of product production and sales such as planning, design, manufacturing, inventory, and distribution. The purpose of supply chain management is to improve efficiency by coordinating the operations of the many supply chain actors.
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In your own words, what is a labor union? And how do they use collective bargaining, strikes,
boycotts, and picketing to gain power for their workers? (
Answers
celia earns $9,000 a month. she pays $3,000 for entertainment, food, utilities, and transport and has retirement savings of $500. her mortgage payment is $1,600, credit card payment is $400, and auto loan payment is $500. she pays $900 in taxes and her other expenses amount to $800. she will save any surplus income. what is celia's savings ratio?
Answers
Answer: 20%
Explanation: Celia has an excess income of $1300 plus savings of $500
for a total of $1800. Divide that by her monthly income -
1800/9000(100) = 20%
Celia's savings ratio is the percentage of her income that she saves after covering all her expenses. To calculate her savings ratio, we need to first calculate her total expenses:
Total expenses = entertainment + food + utilities + transport + mortgage + credit card payment + auto loan payment + taxes + other expenses
Total expenses = $3,000 + $1,600 + $400 + $500 + $900 + $800
Total expenses = $7,200
Now, we can calculate Celia's savings:
Savings = Income - Total expenses - Retirement savings
Savings = $9,000 - $7,200 - $500
Savings = $1,300
Therefore, Celia's savings ratio is:
Savings ratio = (Savings / Income) x 100%
Savings ratio = ($1,300 / $9,000) x 100%
Savings ratio = 14.44%
Celia's savings ratio is 14.44%.
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E-mail is an temporary message medium.
True or false?
Answers
Answer:
False
Explanation:
:)
Answer:
its false!
Explanation:
Suzette opened a CD 10 yrs ago at an int
Answers
The Rule of 72 is a straightforward formula for calculating how many years, at a specific interest rate, it would take for an investment to double in value. Option A is correct.
After to rule 70, if her investment doubled, she would have paid?A cd with an interest rate of 8.2% compounded semiannually was opened by Suzette ten years ago. When did she have half as much money as she does now, if the rule of 72 was applied,
According to the Rule of 72, it would take Suzette's investment about 72/8.44 = 8.53 years to double in value. Suzette would consequently have double the amount of money she initially put in after 8.53 years. The interest rate in Suzette's case is 8.2% compounded semiannually, making the actual annual interest rate 8.44%.
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If the ussr’s economy had remained agriculture-based rather than industrialized, then.
Answers
Answer:
then the unemployment rate among men would have been much lower. women would have been much less in demand in the workforce. crop productivity would have led to larger, better nourished populations. children would not have had to leave school early to work in factories.
Explanation:
women would have been much less in demand in the workforce.
Costs that can be easily influenced by a manager's decisions and actions are called:________
Answers
Costs that can be easily influenced by a manager's decisions and actions are called controllable costs.
What are controllable costs.
Controllable costs refer to the expenses or costs within a company that a manager has direct control over and can influence through their decisions and actions. These costs are typically associated with specific departments, projects, or activities that managers oversee.
Managers have the authority to make decisions that directly impact controllable costs by implementing strategies to reduce expenses, improve efficiency, and optimize resource allocation.
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Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where the jobs require equal skills, effort, and responsibility and are performed under similar working conditions
Answers
Answer:
Equal pay act
Explanation:
The equal pay act refers to that act in which the men and women are treated equally and therefore they give equal pay for doing the work. Also, in the united states, it prohibits gender-based discrimination.
Therefore in the given case since the requirement of the job is equivalent to the skills, effort, duties, responsibilities and contains the similar working conditions but it would prohibited the case of not following the equal pay due to the difference in gender
so this is a case fo equal pay act
Use the product structure tree and the inventory records to determine how many item Cs should be ordered in order to produce 20 phones.
Item On-Hand
A 5
B 5
C 5
D 25
E 4
F 20
Use the product structure tree and the lead time information (in weeks) to determine when an order for Fs should be placed to deliver phones in week 10 if the phones require 2 weeks to assemble. Assume there is no starting inventory for any component or end item.
Answers
As per the product structure tree to produce 20 phones we will need 60 items of C. The order for Fs should be placed in week 7
As per the given inventory records and product structure tree: There are 20 phones required to be produced. We need to find the number of item C needed in order to produce 20 phones. Therefore, as per the product structure tree,
1 phone requires 1 item of A, 2 items of B, 3 items of C, 1 item of D and 1 item of F.Therefore, to produce 20 phones we will need:20 x 1 A per phone = 20 A20 x 2 B per phone = 40 B20 x 3 C per phone = 60 C20 x 1 D per phone = 20 D20 x 1 F per phone = 20 F. Therefore, we need 60 items of C to produce 20 phones.
Now, let's find out when the order for F should be placed to deliver phones in week 10, if the phones require 2 weeks to assemble. Given, the lead time for F is 1 week. As the phones require 2 weeks to assemble, we need to place an order in week 7 so that it arrives by week 10 (2 weeks to assemble + 1 week lead time for F).
Therefore, the order for Fs should be placed in week 7.
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A large part of the Communication and Information Technology career clusters probably didn’t exist 100 years ago—which parts in particular and why?
Answers
Answer:
In the Communication and Information Technology you have to have, well, Technology. 100 years ago we didn't have the Tech we have today so that career hadn't existed back then.
Explanation:
This was just my answer for the assignment. Please change the wording and phrasing of the answer.
Hope this helps!
A career relating to Communication and Information Technology hadn't existed 100 years before as the technology we are having today was not there previously.
What is technology?Technology refers to the process of applying scientific knowledge for industrial purposes.
In ancient times, the technology was not there which is currently having in the world today. There is a presence of digital devices like smartphones, computers, laptops, cameras, etc. which makes most of the work very easier. The electronic gadgets take seconds to minutes for performing any task. There are many professionals who are educated and qualified in the field of Communication and Information Technology.
Therefore, the increased need for technology created a career in Communication and Information Technology.
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Match each word with the phrase that best defines it.
service
a measure of how financially worthy a
person is to receive loans
credit score
the act of stealing and using someone
else's personal information
identity theft
a condition of financial failure
bankruptcy
a resource that is provided to meet
consumers' needs
Answers
Answer:
Credit score - A measure of how financially worthy a person is to receive loans .
Identity theft - the act of stealing and using someone else's personal information .
Bankruptcy - A condition of financial failure
Consumers' needs - A resource that is provided to meet .
Explanation:
The Credit score is described as the numerical expression which represents an individual's creditworthiness. This number is determined by the evaluation of past credit files of the person which makes him/her worthy or not worthy to seek loans from the bank.
Identity theft is a term employed for describing an illegal or fraudulent use of a person's identity or personal information for seeking financial or other advantages(obtaining credit, medical services, file taxes, etc.) associated with that person.
Bankruptcy is demonstrated as the term used for 'legal declaration or recognition of the condition of insolvency of an individual or financial organization.' In this situation, the person or organization fails to repay the debts.
Consumer needs are described as the resources(product or service) that the consumers require to meet a particular need. In economic terms, it is the customer's desire for a resource or good for a specific benefit or advantage. For example: a fan would help the consumer to eliminate the feeling of heat.
Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is leftover. Why is this not the best option for saving her money?
Answers
Answer:
spend money on bills first then food then save the leftover money for later
How does giving benefit both the giver and the receiver?
Answers
Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.
Explanation: I hope that helped.
I study French so I can talk to my cousin who lives in Paris
Intrinsic or
Extrinsic?
Hey
Answers
Answer:
"Intrinsic" would be the correct choice.
Explanation:
Something that has intrinsic value as well as interest, it's indeed worthwhile or significant along with its real existence and appearance, and not just because of the latter's relation with several other kinds of activities.Intrinsic motivation means actions motivated by intrinsic motivators. In several other terms, the motivation comes from inside the person to participate in an activity even though it is inherently rewarding for you.Answer:
Intrinsic
Explanation:
Got it right on Edge 2021
Apply the five stages of group development identified by Tuckman to any grour choice. Question 3 (20 marks) With the aid of an example demonstrate how the following can be used to alter human behavior: a. Operant conditioning (10 marks) b. Social learning (10marks)
Answers
The five stages of group development identified by Tuckman are forming, storming, norming, performing, and adjourning. Let us apply these five stages of group development identified by Tuckman to a group formed to organize a charity fundraiser.
1. Forming Stage: At this stage, the group has just been formed, and members are getting to know one another. They will be discussing and trying to understand what their tasks are. In this stage, the group leader should make sure that everyone is introduced and that each member has a clear understanding of their role in the group.
2. Storming Stage: This stage is characterized by conflicts between the members of the group. During this stage, members of the group will test the boundaries and norms of the group. Group leaders should be prepared to deal with these conflicts to move the group into the next stage.
3. Norming Stage: During this stage, the group has resolved most of the conflicts. The group is now working on developing the norms and values that will guide their work. In this stage, group leaders should encourage members to work together and develop relationships that will benefit the group.
4. Performing Stage: This stage is characterized by high productivity. The group has developed a high level of trust and has a strong sense of identity. During this stage, group leaders should focus on maintaining productivity and quality, and supporting members as they work towards their goals.
5. Adjourning Stage: At this stage, the group has completed its tasks, and it's time to disband. In this stage, group leaders should help members reflect on the work they have done and the relationships they have developed.
a. Operant Conditioning: Operant conditioning is a type of learning that is based on rewards and punishment. To alter human behavior, the use of positive reinforcement or negative reinforcement should be put into play. For example, in the charity fundraiser group, a member who takes the initiative to organize the event can be rewarded with a recognition or a gift.
b. Social Learning: Social learning is a theory that states that people learn by observing others' behavior and the consequences that follow. To alter human behavior, group leaders can encourage members to observe the behavior of successful and well-organized groups that have conducted similar events. The leader can then debrief members about the behavior that was observed and encourage them to adopt the positive behavior.
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Which of the following communication styles includes the desire to avoid conflict but still tries to manipulate the situation so the outcome is in their favor?
Passive-assertive
Passive-aggressive
Passive
Aggressive
Answers
Answer:
☆Passive aggressive☆
Explanation:
•Passive Assertive: Not a communication style.
•Passive: Developed patterns of avoiding expresing feelings/ emotions.
•Aggressive: can involve manipulation or
intimidation to achieve an end goal.
Suppose a firm cannot figure out whether the demand for the good it sells is elastic or inelastic but discovers that every time it raises its price, its total revenues declines. Their____.
a. demand is unit elastic
b. demand is elastic
c. demand is inelastic
d. demand is perfectly inelastic
Answers
Based on the given information, if every time the firm raises its price, its total revenues decline, it suggests that the demand for the good is elastic (option b).
Elastic demand refers to a situation where a change in price leads to a relatively larger change in the quantity demanded. In other words, when demand is elastic, consumers are responsive to price changes, and a price increase results in a significant decrease in total revenues. This occurs because the percentage change in quantity demanded is greater than the percentage change in price. Elastic demand indicates that consumers are price-sensitive, and even small price increases can lead to substantial decreases in the quantity demanded, impacting the firm's total revenues negatively.
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How do many people become millionaires?
A) All of these
B) They save aggressively.
C) They avoid debt.
D) The invest their money.
Answers
Answer:
all of the above is the answer
thats the correct answer
WACC =ax+bc ∗ (1−d). Assume WACC =232.00,a=16.00,b=19.00,c=33.00 and d=6.00%.
Answers
The given equation represents the calculation of the weighted average cost of capital (WACC) using the variables a, b, c, and d. According to the provided values, the WACC is equal to 232.00, while a is 16.00, b is 19.00, c is 33.00, and d is 6.00%.
In the given equation, ax represents the cost of equity, bc represents the cost of debt, and (1-d) represents the proportion of equity financing. By plugging in the given values, we can calculate the specific components of the WACC equation.
To explain further, the WACC represents the average rate of return a company needs to earn on its investments to satisfy its investors. It takes into account the cost of both equity and debt financing and the respective proportions of each in the company's capital structure. The cost of equity (ax) reflects the return expected by shareholders, while the cost of debt (bc) represents the interest expense on borrowed funds. The (1-d) term accounts for the portion of equity financing after adjusting for the tax shield benefit of debt interest payments.
By substituting the given values into the equation and solving it, we can determine the weighted average cost of capital (WACC) for the given scenario, which in this case is equal to 232.00.
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You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...
1. Profit
2. Sales
3. Services
4. Expenses
5. Goods
Answers
Answer:
I think its #1 bro i don't know
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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( By the way, this is a question related to financial accounting.) International Investment Group is looking to invest $95,000 into a company. Where should International Investment Group look for relevant information about the company's performance? A. The company's Management Books B. The company's Tax Books C. The company's Budgets D. The company's Financial Books
Answers
Answer:
The correct option is;
The company's Financial Books
Explanation:
In order to effectively and clearly let interested parties access pertinent information about a company, financial books are kept which show the companies economic performance and its position related to financing. Information about a company can be located in financial statements including shareholders equity, cash flow statements, income statements and balance sheets.
What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
Answers
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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outline four reasons why ethical practices are necessary in product promotion
Answers
Answer:
(1) To create positive image/ reputation.
(2) To abide by laws of the country.
(3) To avoid environment pollution/ degradation.
(4) Avoid misleading consumers.
Explanation:
KNOWLEDGE CHECK After you've finished building your portfolio and adding securities to it in PRTU, what is your next logical step? o To research the securities with DES and FA o To export your portfolio into Microsoft Excel o To type securities into the amber Security field in PRTU to include them in your portfolio o To analyze the portfolio in PORT
Answers
once you've done creating your portfolio and adding securities to it in PRTU, to analyze the portfolio in PORT.
What is portfolio?
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, cash, cash equivalents, and their fund equivalents. Although real estate, gold, paintings, and other collectable works of art can all be added to a portfolio to diversify it, stocks and bonds are typically thought of as its main building elements.
An investment portfolio can be compared to a pie that has been cut into various wedge-shaped pieces, each of which represents a distinct asset class and/or kind of investment. In order to obtain an optimum risk-return portfolio allocation for their degree of risk tolerance, investors strive to build a well-diversified portfolio. Although cash, stocks, and bonds are typically thought of as the three main components of a portfolio, you may expand your holdings with a wide range of assets, including as real estate, gold stocks, other kinds of bonds, artwork, and other collectibles.
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