The reorder point for the car manufacturer to avoid a stockout with probability P(z < +2.00) is 1463 tires. Thus, the reorder point for the car manufacturer to avoid a stockout with probability P(Z < +2.00) is 2200 tires.
A reorder point (ROP) is a minimum amount of inventory required to place an order for more inventory. In the case of a car manufacturer, it is the point at which a replenishment order is placed to avoid a stockout or depletion of supplies.The formula for calculating the reorder point is as follows:ROP = D × LT + SSwhere D = daily demandLT = lead timeSS = safety stockIn the given question, the daily demand (D) of the car manufacturer is 600 tires. The lead time (LT) is normally distributed with a mean of 4 days and a standard deviation of 1 day.
Therefore, the lead time demand (LTD) can be calculated as:LTD = D × LTN(Z) = (LTD - µ) / σwhere N(Z) is the normal distribution function.The car manufacturer wishes to avoid a stockout with probability P(Z < +2.00). Therefore, the safety stock (SS) can be calculated as:SS = zσFinally, the reorder point can be calculated by substituting the values in the formula. Thus,ROP = D × LT + SS= 600 × 4 + (2 × 1 × 200)= 2400 + 400= 2800 tires .However, this is not the final answer because the demand is normally distributed with a mean of 600 tires and a standard deviation of 200 tires.
Therefore, the reorder point will be lower than the above calculated value. The reorder point can be calculated as:ROP = 600 × 4 + (2 × 1 × 200)= 2400 + 400= 2800 - (2 × 200)= 2400 tiresAgain, this is not the final answer because the lead time is normally distributed. The lead time demand (LTD) is:LTD = D × LT= 600 × 4= 2400 tiresThe mean of the LTD is 2400 tires and the standard deviation is (1 × 200) = 200 tires. Therefore, the reorder point can be calculated as:ROP = 2400 + (2 × 200)= 2400 + 400= 2800 - 400= 2400 - 200= 2200 tiresThe final answer is 2200 tires.
Learn more about car manufacturer here:https://brainly.com/question/29311103
#SPJ11
On July 1 of the current year, a two-year insurance premium amounting to $1,920 was paid in cash and debited in full to Prepaid Insurance. Coverage began on July 1 of the current year. Note: Enter debits before credits. Transaction General Journal Debit Credit е. Insurance expense Prepaid insurance *
To record the payment and coverage of the two-year insurance premium, the following journal entry would be made:
Prepaid Insurance $1,920
Cash $1,920
The payment of the two-year insurance premium is initially recorded as a debit to Prepaid Insurance and a credit to Cash. Prepaid Insurance is an asset account that represents the amount paid for insurance coverage that has not yet been used. By debiting Prepaid Insurance, we increase the asset account to reflect the payment made. The credit to Cash represents the outflow of cash from the company. This transaction does not directly affect the Insurance Expense account. Insurance Expense is typically recorded gradually over the coverage period as the prepaid amount is allocated and recognized as an expense each month or accounting period. Since the coverage begins on July 1 of the current year, the prepaid amount will be gradually recognized as an expense over the two-year period.
Learn more about insurance here : brainly.com/question/989103
#SPJ11
explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
3
Roscoe is helping his cousin redesign her family room. They work together to select a white leather couch, two white brocade chairs, and a large
white rug. They pick out some white throw pillows with different textures--some are knitted, and others are linen. Which BEST describes the
color scheme that Roscoe is creating?
A.
monochromatic
B.
complementary
OC.
primary
D.
analogous
Kk
Answer: Monochromatic
Explanation: Mono = 1, Chromatic = color: Everything is white.
Consider the following numbers at which a monopolist is producing where MR = MC: Quantity = 20; Price = $9; Average total cost = $6. What is total revenue and profit?
What is the total revenue and profit? A) $180; $60 B) $200; $192 C) $160; $200 D) $360; $200
Total revenue and profit can be calculated using the given data where the monopolist is producing at MR = MC.Quantity = 20Price = $9Average total cost = $6Total revenue can be calculated as:Total Revenue = Price × QuantityTotal Revenue = 9 × 20Total Revenue = $180Profit can be calculated as:Profit = Total Revenue - Total
CostTotal Cost = Average Total Cost × QuantityTotal Cost = 6 × 20Total Cost = $120Profit = $180 - $120Profit = $60Therefore, the total revenue is $180 and the profit is $60.
For more similar questions on topic "Monopoly Analysis"
https://www.bing.com/?scope=web&cc=IN
#SPJ11
The total revenue and profit are A) $180; $60.
Total revenue and profit for a monopolist producing at MR = MC where Quantity = 20, Price = $9, and Average total cost = $6 can be calculated as follows:
Total revenue = Price x Quantity
Total revenue = $9 x 20Total revenue = $180
Total cost = Average total cost x Quantity
Total cost = $6 x 20
Total cost = $120
Total profit = Total revenue - Total cost
Total profit = $180 - $120
Total profit = $60
Therefore, the total revenue and profit for the given scenario are $180 and $60, respectively. Hence, the correct option is A) $180; $60.
Learn more about Revenue: https://brainly.com/question/16232387
#SPJ11
what is one of the effects that the internet has had on bussiness?
______are businesses that provide financial services to the marketplace and try to make a profit along the way.
Financial institutions are businesses that provide financial services to the marketplace and try to make a profit along the way.
These institutions can include banks, credit unions, insurance companies, investment firms, and more. They offer a range of services such as savings accounts, loans, credit cards, investment advice, and insurance policies. Their main goal is to make money while providing valuable services to their customers. As such, they play an important role in the economy by facilitating transactions, managing risk, and supporting economic growth. Overall, financial institutions are crucial to the success of businesses and individuals alike. Financial institutions are businesses that provide financial services to the marketplace and strive to make a profit along the way. These businesses play a crucial role in the economy by facilitating transactions, managing investments, and offering financial products. Some common types of financial institutions include banks, credit unions, insurance companies, and investment firms. By offering services such as lending, investment management, and risk management, financial institutions contribute to the overall stability and growth of the economy. Additionally, they generate revenue by charging fees, interest, or commissions on their various financial products and services.
To know more about Financial visit:
https://brainly.com/question/32292990
#SPJ11
Austin's total fixed cost is $4,000. Austin employs 20 workers and pays each worker $120. The average product of labor is 2, and the marginal product of the last worker hired is 10. What is the marginal cost of the last unit produced by the last worker Austin hired
Answer:
$12
Explanation:
Marginal cost may be defined as the change in the cost of production resulting from the production of one more additional unit of an item.
Hence, it is the ratio of the change in cost of production and the change in quantity produced
Marginal cost = (change in total cost / change in quantity)
The marginal cost of the last unit produced by the last worker hired is :
Hiring cost of the last worker / marginal product of the last worker
Hiring Cost per worker = $120
Marginal product of last worker = 10
Hence,
Marginal cost = $120 / 10 = $12
assume that autonomous consumption equals $200 and that the mpc equals 0.8. if disposable income equals $1,000, then total consumption equals a. $80. b. $200. c. $800. d. $1,000.
The total consumption when autonomous consumption equals $200, the MPC equals 0.8, and disposable income equal $1,000. Autonomous consumption represents the basic amount of consumption that occurs regardless of income level.
To find the total consumption, we will use the following formula:
Total Consumption = Autonomous Consumption + (MPC x Disposable Income)
Step 1: Identify the given values:
- Autonomous Consumption = $200
- MPC = 0.8
- Disposable Income = $1,000
Step 2: Plug these values into the formula:
Total Consumption = $200 + (0.8 x $1,000)
Step 3: Calculate the MPC multiplied by Disposable Income:
0.8 x $1,000 = $800
Step 4: Add Autonomous Consumption to the calculated value:
Total Consumption = $200 + $800 = $1,000
Therefore, the total consumption equals $1,000 (option D). In this scenario, autonomous consumption represents the basic amount of consumption that occurs regardless of income level. The MPC, or marginal propensity to consume, shows the portion of additional income that is spent on consumption.
In this case, 80% (0.8) of the disposable income of $1,000 is used for consumption, resulting in total consumption of $1,000 when combined with the autonomous consumption of $200.
To know more about disposable income refer here:
https://brainly.com/question/30002018#
#SPJ11
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
If T represents the size of the tax on a good and Q represents the quantity of the good that is sold, total tax revenue received by government can be expressed as__________
Still, total revenue entered by government can be expressed as TxQ, If T represents the size of the duty on a good and Q represents the volume of the good that's vended.
Earnings from levies on income and gains, social security benefactions, levies on goods and services, payroll levies, impositions on the power and transfer of property, and other levies are each considered to be levies. The quantum of affair that's tested by the government is represented by total duty profit as a proportion of GDP.
It can be used as a hand for the extent of governmental resource operation in the frugality. The total quantum of duty profit collected expressed as a chance of GDP is used to calculate the duty burden. This metric is measured in millions of bones and as a chance of GDP and pertains to all situations of government.
To know more about tax revenue:
https://brainly.com/question/15415512
#SPJ4
Jared has earned 23% of the $52 he needs to buy a new jacket. Find 23% of $52. Which expression can you use to find 23% of 52? .. 23% of $52 is $.. An easy way to check your answer is to use the friendly and divide 52 by to get ..
52
Explanation:
52 .................
Answer:
23% of 52= 0.23*52=11.96
Explanation:
50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest
Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.
Countries I chose:
Japan
United States
Great Britain (UK)
Answer:
Japan 183-192billon dollars per year
USA 18.4 billion dollars
UK 5.05billion dollars
Image transcription text3. Safe Storage Inc. will allow clients to store money or bonds for a fee of 0.3% of the amount
stored per year, and the fee is paid at the beginning of the year. If someone stores money or
bonds without using Safe Storage, the probability of loss is 0.7% per year. This loss represents
the loss of thievery or the destruction of property. Assume that other transactions costs are zero.
a. Suppose that the bond yield for a riskless one year bond with a face value of $1000 is —0.5%.
i) Compute the bond price today to the nearest penny.
ii) Describe an arbitrage opportunity.
b. What is the lowest bond yield for a one year bond with face value of $1000 that is consistent
with no arbitrage? Explain carefully. Quote your answer to the nearest basis point (one
hundredth of a percentage point).
Now a bank opens that stores cash deposits of any size for free with no chance of loss.
c. What is the lowest level of bond yield for a one year bond with a face value of $1000 that is
consistent with no arbitrage? Explain carefully. Quote your answer to the nearest basis point
(one hundredth of a percentage point). ... Show more
To compute the bond price today, we need to discount the face value of the bond based on the bond yield. The bond yield is given as -0.5%, which means the bond has a negative yield.
Bond Price = Face Value / (1 + Yield)
Using the given values:
Face Value = $1000
Yield = -0.5% = -0.005
Bond Price = $1000 / (1 - 0.005) ≈ $1005 (to the nearest penny)
Therefore, the bond price today is approximately $1005.
ii) An arbitrage opportunity arises when there is a possibility to make risk-free profits by exploiting pricing discrepancies in different markets. In this case, if the bond price is below $1005, it would create an arbitrage opportunity. Investors could purchase the undervalued bonds and simultaneously sell them at the higher price of $1005, making a risk-free profit.
b. The lowest bond yield consistent with no arbitrage is the risk-free rate of return. In this scenario, since there is no chance of loss when storing cash deposits at the bank, the risk-free rate of return is the lowest level of bond yield. Investors would not be willing to invest in bonds with a yield lower than the risk-free rate, as they can achieve the same return by storing their cash deposits at the bank with no risk.
The specific numerical value of the risk-free rate depends on market conditions and interest rates prevailing at the time. Therefore, without additional information, we cannot provide a precise value for the lowest bond yield consistent with no arbitrage.
c. If the bank offers cash deposits for free with no chance of loss, the lowest level of bond yield consistent with no arbitrage would be the same as in part (b). Investors would compare the bond yield to the risk-free rate of return offered by the bank for cash deposits. If the bond yield is lower than the risk-free rate, investors would choose the risk-free option of depositing cash at the bank rather than investing in the bond.
Again, the specific numerical value of the risk-free rate and the lowest level of bond yield would depend on prevailing market conditions and interest rates. Without additional information, we cannot provide an exact value for the lowest bond yield consistent with no arbitrage.
To learn more about bond price
https://brainly.com/question/27990919
#SPJ11
Take Time Corporation will pay a dividend of $4.40 per share next year. The company pledges to increase its dividend by 5.75 percent per year, indefinitely. If you require a return of 10 percent on your investment, how much will you pay for the company's stock today?
We need to use the dividend discount model. The formula is: Stock price = Dividend / (Required rate of return - Dividend growth rate), Stock price = $4.40 / (0.10 - 0.0575), Stock price = $103.53. Therefore $103.53 for Take Time Corporation's stock today.
Stock price refers to the current value at which shares of a company are being traded on a stock exchange. It represents the market's assessment of the company's worth and is influenced by various factors, such as financial performance, market conditions, investor sentiment, and economic indicators. Stock prices can fluctuate throughout the trading day based on supply and demand dynamics. Investors and traders analyze stock prices to make informed decisions about buying or selling shares, with the goal of generating profits or achieving long-term investment objectives.
Learn more about Stock price here:
https://brainly.com/question/28539863
#SPJ11
Since work packages provide the basis for future project
planning activities, they should be as detailed as possible.
a. True
b. False
Work packages provide the basis for future project planning activities, they should be as detailed as possible. The statement is a. True
Work packages serve as the foundation for project planning activities. They provide the necessary level of detail and specificity to ensure that tasks are well-defined and can be effectively executed. By breaking down project work into smaller, manageable components, work packages facilitate resource allocation, scheduling, and coordination. Detailed work packages enable project managers and team members to have a clear understanding of the scope, objectives, deliverables, and dependencies of each task. This clarity helps in estimating timelines, assigning responsibilities, and tracking progress.
Therefore, it is important for work packages to be as detailed as possible to support accurate planning and successful project execution. The statement is true.
For more details regarding work packages, visit:
https://brainly.com/question/31959925
#SPJ4
a(n) blank management crm system maintains customer contact information and identifies prospective customers for future sales, using tools such as organizational charts, detailed customer notes, and supplemental sales information.
A Customer Relationship Management (CRM) system maintains customer contact information and identifies prospective customers for future sales, using tools such as organizational charts, detailed customer notes, and supplemental sales information.
Relationships are intricate connections between individuals based on love, trust, and mutual understanding. They require effort, communication, and compromise to thrive. In a healthy relationship, partners support each other's growth and well-being. They share laughter, tears, and life's milestones, creating beautiful memories together. Respect, honesty, and empathy form the foundation of a strong bond. Trust is built through transparency and integrity. Communication is key, fostering understanding and resolving conflicts. Relationships flourish when both partners prioritize each other's happiness and needs. They provide companionship, emotional support, and a sense of belonging. In the end, relationships bring joy, fulfillment, and the warmth of deep connection.
Learn more about Relationships here;
https://brainly.com/question/1443177
#SPJ11
What ways can you improve a company?
To increase revenue, a company could
O A. refuse to accepts checks
O B. accept only debit card purchases
O C. allow customers to pay with credit
OD. allow only cash purchases
A company could C. allow customers to pay with credit, which would boost revenue.
How Do You Accept Credit Cards?Keeping a close eye on cash flow is essential when running a small business. Including credit cards as a payment option is one way to make it easier for money to flow into and out of your business. Providing credit card payment options to customers can cut down on the stress of managing cash flow and reduce the amount of time spent waiting for checks. If your company does not yet accept credit card payments, it may be simpler than you think to do so.
There are a number of benefits to offering credit card payment options to your customers that could help your business grow. Accepting credit cards has numerous advantages, as stated by the National Federation of Independent Businesses.
To learn more about credit cards visit:
https://brainly.com/question/27350251
#SPJ1
can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
Find the equilibrium price and quantity for the following supply/demand equations:
p=x^2 −8x+20
p=x+30
Extra Credit: What is the slope of the line that is parallel to the line passing through (2,0), and (-4,8)?
The equilibrium price is $18 and the equilibrium quantity is 12 units.To find the equilibrium price and quantity.
We need to set the supply equation equal to the demand equation and solve for the price (p) and quantity (x). Setting the two equations equal to each other: x^2 - 8x + 20 = x + 30 Rearranging the equation: x^2 - 9x + 10 = 0 Factoring the quadratic equation: (x - 5)(x - 2) = 0 Setting each factor equal to zero: x - 5 = 0 or x - 2 = 0 Solving for x: x = 5 or x = 2 Since price (p) is represented by x in the given equations, we have two potential equilibrium points: (p, x) = (5, 5) and (p, x) = (2, 2). However, we need to substitute these values into the original equations to determine which one satisfies both the supply and demand equations. For (p, x) = (5, 5): 5^2 - 8(5) + 20 = 5 + 30 25 - 40 + 20 = 35 For (p, x) = (2, 2): 2^2 - 8(2) + 20 = 2 + 30 4 - 16 + 20 = 32 Since (p, x) = (2, 2) satisfies both equations, the equilibrium price is $2 and the equilibrium quantity is 2 units.
learn more about equilibrium here :
https://brainly.com/question/30694482
#SPJ11
What other images are used on this site, and how do they relate to what the company is selling?
Any website's content strategy is incomplete without images. The greatest pictures are displayed well above fold and serve as both decorative elements and educational tools.
Why are pictures crucial for businesses?The most effective strategies for improving the performance of your content is visual and video material. When content is accompanied by an image, viewers are 80% as inclined to interact with it and 64% more inclined to remember what you read or heard. There you have it, then. To advertise your business, you must use photos. This image might show someone is using your product or show the results of your service. This product graphic makes it easier for potential buyers to understand how your good or service can help them.
To know more about strategy visit:
https://brainly.com/question/15860574
#SPJ1
With regard to business definition, railroads may have lost business because they:
With regard to business definition, railroads may have lost business because they defined their business too narrowly.
Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.
The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.
The primary engines used in the United States of America had been bought from Stephenson Works in England.
Learn more about Railroads here https://brainly.com/question/11433327
#SPJ1
ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions
Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.
There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.
A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.
Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.
Explanation:
there is initially $1000 invested in a bank account, and it increases in value 5.5% each year. how much money is in the bank after 18 years?
After 18 years, the amount of money in the bank account is $2335.88 (rounded to the nearest cent).
To solve this problem, we can use the formula for compound interest:
A =\(P(1 + r/n)^{(nt)\)
here:
A = Here its the amount of money in the account after t years
P = Here its the initial principal (in this case, $1000)
r = Here its the annual interest rate (5.5%, or 0.055, in this case)
n = Here its the number of times interest is compounded per year (we'll assume it's compounded annually, so n = 1)
t = Here its the number of years
Putting in the values we have:
A = \(1000(1 + 0.055/1)^{(1*18)\)
A = \(1000(1.055)^{18\)
A = 1000(2.336)
A = 2335.88
Therefore, after 18 years, the amount of money in the bank account is $2335.88 (rounded to the nearest cent).
Learn more about bank account Visit: brainly.com/question/29784934
#SPJ4
According to the data below, if Mr. X and Ms. Y have the opportunity to trade, which of the following will be mutually beneficial ? Labor Hours Required to Produce One Pair of Shoes One Loaf of Bread Mr. X 5 hours (1 hour Ms. Y 2 hours 0.5 hour 5 Ms. Y sells shoes to and buys bread from Mr. X. Ms. Y sells bread to and buys shoes from Mr. X (C) Ms. Y sells both bread and shoes to Mr. X. (D) Ms. Y buys both bread and shoes from Mr. X. (E) Ms. Y and Mr. X do not trade with each other.
Option (B) -Mr. X and Ms. Y would both benefit if Ms. Y sold him shoes and Mr. X bought bread from her.
Since Ms. Y can produce one pair of shoes in 0.5 hour and Mr. X can produce one pair of shoes in 5 hours, In the shoe industry, Ms. Y enjoys a comparative edge. Similarly, since Mr. X can produce one loaf of bread in 1 hour and Ms. Y can produce one loaf of bread in 2 hours, Mr. X has a comparative advantage in producing bread.
Therefore, it would be mutually beneficial for Ms. Y to specialize in producing shoes and for Mr. X to specialize in producing bread. They can then trade with each other: Ms. Y can sell shoes to Mr. X and buy bread from him, while Mr. X can sell bread to Ms. Y and buy shoes from her. This will result in both of them having access to both goods at a lower opportunity cost than if they had to produce both goods themselves.
Therefore, option (B), in which Ms. Y sells shoes to Mr. X and purchases bread from him, would be advantageous to both parties.
Learn more about comparative advantage
https://brainly.com/question/30188236
#SPJ4
Full Question: According to the data below, if Mr. X and Ms. Y have the opportunity to trade, which of the following will be mutually beneficial ?
Labor Hours Required to Produc e
One Pair of Shoes One Loaf Of bread
Mr X 5 Hour 1 Hour
Mrs Y 2 Hour 0.5 hour
(1) Ms. Y sells both bread and shoes to Mr. X.
(2) Ms. Y buys both bread and shoes from Mr. X.
(3) Ms. Y and Mr. X do not trade with each other.r.
if a taxpayer fills out their w-4 in a way that does not withhold enough money to cover their tax obligation, what is the most likely outcome after they file their taxes?
If a taxpayer fills out their W-4 in a way that does not withhold enough money to cover their tax obligation, they may end up owing money when they file their taxes.
What is a taxpayer?
Generally, This can happen if the taxpayer did not have enough tax withheld from their paychecks during the year or if they received additional income that was not subject to withholding, such as self-employment income or income from renting out a property.
If taxpayer owes money when they file their taxes, they will need to pay the amount due by the tax filing deadline, which is typically April 15th of the following year. If the taxpayer is unable to pay the full amount due, they may be able to set up a payment plan with the IRS to pay the balance over time. However, interest and penalties may accrue on the unpaid balance.
It is important for taxpayers to make sure that they are having enough tax withheld from their paychecks throughout the year. This can help to avoid the possibility of owing money when they file their taxes and can also help to avoid underpayment penalties.
Taxpayers can use the IRS's Withholding Calculator to help determine the appropriate amount of tax to have withheld from their paychecks.
Read more about taxpayer
https://brainly.com/question/29664276
#SPJ1
1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
Learn more about the channel distribution, refer to;
https://brainly.com/question/15774206
#SPJ6
Nick spent $25 for a meal at a local restaurant. Which sectors are affected with this transaction.
Answer: Chipotle Mexican Grill Inc. agreed to pay a $25 million criminal fine, the largest ever in a food safety case, to resolve criminal charges
Explanation:
What do you mean by traditional professional? explain with explain.
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,