Business, 18.12.2019 21:31 softballlover487
Using the simple order quantity model in an inventory control problem, kathy calculated the order quantity to be 1000 units. in a review, she found out that the demand is actually double that of the quantity she had used and the holding cost is only half that of the value she used. the new economic order quantity using the correct data will be:
a. 1000
b. 2000
c. 1414
d. 707.1
e. cannot be found without other cost information.
Answers: 2
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Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
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Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
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Using the simple order quantity model in an inventory control problem, kathy calculated the order qu...
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