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Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The unit inventory cost is 20% of the product cost. The cost of the product depends on the quantity ordered. It is $0.05 when you order less than 2300 units, $0.048 when you order between 2301 and 5000 units and $0.045 when you order more than 3000 units. What is your optimal order quantity if you intend to limit the number of units to at or below 2300 units
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Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
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When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
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Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
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Explain how can you avoid conflict by adjusting
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Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The un...
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