Business, 25.10.2021 09:00, georgeonnatreev2275
Match the term to the correct description.
a severe, prolonged contraction of the economy
when GDP decreases for 2 quarters (six months)
when GDP is decreasing and the economy is not growing
highest point of economic growth in the business cycle
the lowest point of GDP in the business cycle
expansion/recovery
Answers: 2
Business, 22.06.2019 11:20, tatilynnsoto17
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
Business, 23.06.2019 02:10, jljhenkel
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
Business, 23.06.2019 08:30, wmaingrette1
Which of the following scenarios will probably cause prices to drop
Answers: 3
Match the term to the correct description.
a severe, prolonged contraction of the economy
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