Question 37 Which statement illustrates the concept of external cost? Margaret purchases all her food and clothing in the big city outside her residence. A small business owner frequently buys raw materials by using her bank's line of credit. Raymond cannot open his windows at times, because he lives downwind from a mushroom farm Felicia, an economics major, asks the most insightful questions in class.

Maintaining a record of rejected concepts is most likely to help managers in screening hundreds or even thousands of new product concepts in a year. Alternative C is correct.

New product concepts refer to ideas or proposals for new products that have not yet been developed or launched in the market.

Maintaining a record of rejected concepts is an effective way for managers to keep track of which concepts have already been screened and eliminated. This helps them avoid wasting time on previously rejected ideas and allows them to focus on new ideas that have the potential to be successful.

In conclusion, alternative C. maintaining a record of rejected concepts is correct.

See more about new product concepts at https://brainly.com/question/24935546.

#SPJ11

due to consumer wealth, This can be seen from the difference between the total increase in output for Westlandia and Eastlandia - Westlandia's MPC is 0.5, resulting in an increase in output of $715,703,125, while Eastlandia's MPC is 0.75, resulting in an increase in output of $1,605,783,109.

Due to an increase in consumer wealth, there is a billion autonomous increase in consumer spending in the economies of Westlandia and Eastlandia. Assuming that the aggregate price level is constant, the interest rate is fixed in both countries, and there are no taxes and no foreign trade, the accompanying tables show the various rounds of increased spending that will occur in both economies if the marginal propensity to consume is 0.5 in Westlandia and 0.75 in Eastlandia.

Table 1: Westlandia
Round of Spending    Increase in Consumption  Increase in Output
1st  $1,000,000,000  $500,000,000
2nd  $250,000,000  $125,000,000
3rd  $62,500,000  $31,250,000
4th  $15,625,000  $7,812,500
5th  $3,906,250  $1,953,125
Total  $1,431,406,250  $715,703,125

Table 2: Eastlandia
Round of Spending    Increase in Consumption  Increase in Output
1st  $1,000,000,000  $750,000,000
2nd  $562,500,000  $422,187,500
3rd  $328,125,000  $246,093,750
4th  $193,359,375  $146,569,531
5th  $115,611,719  $87,208,638
Total  $2,210,718,813  $1,605,783,109

These results indicate that the higher the marginal propensity to consume (MPC), the higher the multiplier effect. This can be seen from the difference between the total increase in output for Westlandia and Eastlandia - Westlandia's MPC is 0.5, resulting in an increase in output of $715,703,125, while Eastlandia's MPC is 0.75, resulting in an increase in output of $1,605,783,109.

For more such questions on consumer wealth

https://brainly.com/question/25418497

#SPJ11

The probability that 10 or more of the original 5000 components fail during the useful life of the product can be approximated using a normal distribution.

Using a binomial distribution, the probability that 10 or fewer components fail is 0.99. To calculate the probability that 10 or more components fail, subtract 0.99 from 1, giving a probability of 0.01.

Therefore, the probability that 10 or more of the original 5000 components fail during the useful life of the product is approximately 0.01.

To approximate the probability that 10 or more components fail, a normal distribution can be used. Using the normal approximation, the probability of 10 or more components failing can be calculated as 1 minus the cumulative probability of 10 or fewer components failing.

This probability can be found by subtracting the cumulative probability of 10 or fewer components failing from 1. This gives an approximate probability that 10 or more of the original 5000 components fail during the useful life of the product of 0.01.

To know more about binomial distribution click on below link:

https://brainly.com/question/29137961#

#SPJ11

The cross-price elasticity of the two goods when Good C increases in price by 20% a pound and Good D increases in quantity demanded by 30% is -1.5. The relationship between the two goods is that they are substitutes.

What is cross-price elasticity? The cross-price elasticity of demand refers to how the amount demanded of one commodity responds to a change in the price of another commodity.

Cross-price elasticity is a measure of the sensitivity of the quantity demanded of one commodity to changes in the price of another commodity.

When the price of good C increases by 20% a pound, the quantity demanded Good D increases by 30%.

We can use the formula below to calculate the cross-price elasticity of demand:

(% Change in Quantity Demanded of Good D) / (% Change in Price of Good C)

The cross-price elasticity of demand is calculated as: (30%) / (-20%) = -1.5

Cross-price elasticity is -1.5, rounded to one decimal place. A negative cross-price elasticity indicates that the two commodities are substitutes. So, when the price of Good C rises by 20%, the quantity demanded of Good D, its substitute, increases by 30%.

Therefore, we can conclude that the relationship between the two goods is that they are substitutes.

To learn more about “cross-price elasticity” refer to the https://brainly.com/question/15308590

#SPJ11

The economic conditions that characterized the crash and the beginning of the great depression were marked by the rise of unemployment rates and a decrease in production, investment, and consumer spending.

Statistics were given to illustrate the gravity of the crises. During the great depression, millions of Americans were unemployed, and the poverty rate increased. At the start of the depression in 1929, about 25 percent of Americans were unemployed, and the number rose to around 33 percent by 1933.

Thousands of businesses went bankrupt, and the Dow Jones Industrial Average, a measure of the stock market, lost 89 percent of its value by 1932. Additionally, bank failures were also common, as people rushed to withdraw their money from banks that were unable to pay the deposits.

The farming industry suffered greatly, as prices for crops fell dramatically, and droughts caused massive dust storms that destroyed farms. The severity of the crises was illustrated by statistics such as rising unemployment, a decrease in the Dow Jones Industrial Average, widespread business and bank failures, and the devastation of the farming industry.

Know more about unemployment here:

https://brainly.com/question/16370853

#SPJ11

The expected profit is $440. At 110 units of output, marginal revenue is $6, marginal cost is $6, and the average cost is $5. The price when consumers demand 110 units of output is $9.

At 110 units of output, marginal revenue is $6, marginal cost is $6, and the average cost is $5. If consumers demand 110 units of output when the price is $9,

In order to find the expected profit, we need to find the total revenue, and total cost:

Expected profit = Total Revenue - Total Cost

Total revenue can be calculated as follows:

Total revenue = Price * Quantity demanded = 9 * 110 = $990

Now, in order to find the total cost, we need to find the total variable cost first which can be calculated as:

Total variable cost = Quantity * Marginal Cost = 110 * $6 = $660

The average cost is given in the question as $5, therefore, the total cost can be calculated as follows:

Total cost = Average cost * Quantity = $5 * 110 = $550

Now, we can find the expected profit using the formula of expected profit which is:

Expected profit = Total Revenue - Total Cost

Expected profit = $990 - $550

Expected profit = $440

Therefore, the expected profit is $440.

Learn more about expected profit here:

https://brainly.com/question/30161194

#SPJ11

The confidence interval for the population mean is between 36.551 and 43.449 with a 99% confidence level. This means that if we repeated this sampling process many times, we can expect the true population means to be within this range in 99% of cases.

To develop a 99% confidence interval for the population mean, we can use the t-distribution since the sample size is less than 30 and the population standard deviation is unknown. The formula for the confidence interval is:

Confidence interval = sample mean ± (t-value x standard error)

where the standard error is equal to the sample standard deviation divided by the square root of the sample size:

Standard error = sample standard deviation / sqrt(sample size)

First, we can calculate the t-value using the t-distribution table with a degree of freedom of 48 (sample size minus 1) and a 99% confidence level. The t-value is approximately 2.682.

Next, we can calculate the standard error:

Standard error = 9 / sqrt(49) = 1.286

Then, we can calculate the confidence interval:

Confidence interval = 40 ± (2.682 x 1.286) = (36.551, 43.449)

The answer provided in the question is correct but it should be rounded to 3 decimal places as 36.552 and 43.448.

To learn more about confidence interval

https://brainly.com/question/29680703

#SPJ4

Complete question:

Forty-nine items are randomly selected from a population of 500 items. The sample mean is 40 and the sample standard deviation is 9. (Use t Distribution Table & z Distribution Table.) Develop a 99% confidence interval for the population means. (Round your final answers to 3 decimal places.) The answer is complete but not entirely correct. The confidence interval is between 36.552 and 43.448

Economics is considered a social science because it studies human behavior and how individuals and societies allocate their limited resources to satisfy their unlimited wants and needs.

What is Economics?

Economics is a branch of social science that studies how people interact with each other and their environment to produce goods and services, exchange these goods and services, and consume them. Economics is a social science, not a physical science. This is due to the fact that it is concerned with human behavior and choices, which are difficult to model mathematically or precisely define.

Economics is concerned with how people allocate scarce resources, including land, labor, and capital, to produce goods and services that are in demand in the marketplace. Economics also examines how people make decisions about consuming, saving, and investing their money.

learn more about Economics here:

https://brainly.com/question/11813792

#SPJ11

Given, An individual wants to make an initial payment p at year 0 hoping to get $400 annually from year 5 to year 10 (6 years) and the interest rate is 8%.

To calculate the initial payment, we use the Present value of annuity formula. PV of annuity formula is: PVA = (C/r)(1 – 1 / (1 + r)^n)Here, C is the cash flow, r is the discount rate, n is the number of periods. We can calculate the present value of the annuity from years 5 to 10 using the PV of annuity formula. The annuity payment is $400 for 6 years, so C = $400, n = 6 and r = 8%. So, the present value of the annuity is: PVA = (400 / 0.08) (1 - 1 / (1 + 0.08)^6)= (5,000) (0.401) = $2,005.63 Thus, the individual needs to make an initial payment of $2,005.63 at year 0 to receive $400 annually from year 5 to year 10 (6 years) at an 8% interest rate.

Learn more about annuity payment here https://brainly.com/question/17014452

#SPJ11

Cost behaviour describes the shift in overall costs as a function of variations in activity level. It is how expenses adjust in response to shifts in production or sales volume.

Cost behaviour describes the shift in overall costs as a function of variations in activity level. That's the Cost behaviour describes how variations in an organization's level of activity affect its overall expenses. In other terms, it refers to the connection between activities and expenses. Activity might relate to the quantity produced, the volume of sales, or any other cost-influencing aspect. For organisations to make educated choices regarding pricing, budgeting, and resource allocation, they must have a solid understanding of cost behaviour. For instance, a business could have variable expenses that change according to the degree of activity and fixed costs that are always the same.

learn more about Cost behaviour here:

https://brainly.com/question/24565314

#SPJ4

A private equity fund is a financer that has a strategy of investing in companies that need funding in exchange for a majority stake in the company.

Private equity (PE) is a kind of investment fund comprising accredited investors and institutional investors who pool money together to purchase shares in privately owned firms. Private equity is used to acquire, fund, or develop existing businesses.

Private equity investments frequently come from institutional investors and high-net-worth individuals who are in a position to commit considerable sums of money for extended periods of time. Private equity funds are frequently structured as limited partnerships, with the private equity firm serving as the general partner, and the investors serving as limited partners.

How does Private Equity Work?

Private equity firms raise capital from institutional investors like pension funds, endowments, and family offices. Investors pool money into a private equity fund and entrust the fund's management to invest the money in companies.

The private equity firm raises a significant amount of money by acquiring money from investors. Then, the private equity firm uses the pooled money to make investments in privately held firms, either by purchasing the firms outright or by providing capital in exchange for equity.

Private equity firms typically buy a controlling interest in the firms they invest in, meaning they own most of the business. This allows private equity firms to have a lot of influence over the businesses they invest in.

Learn more about Private Equity at https://brainly.com/question/14618205

SPJ4

The correct answer is D) Accounts Receivable.

When Westwood Supply Services receives $1,000 in cash from a customer, this means that the customer has paid off a portion of their accounts receivable balance, which represents money owed to the business from the previous month. Since accounts receivable is an asset account, the amount owed to the business decreases when the payment is received. Therefore, the correct answer is D) Accounts Receivable.

None of the other accounts listed will decrease as a result of this transaction. Cash will increase by $1,000 as a result of the payment, revenue will not be affected since this transaction does not involve any new sales, and accounts payable will not be affected since this represents money owed by the business to its suppliers, not by customers to the business.

You can read more about Accounts Receivable at https://brainly.com/question/24848903

#SPJ11

An advantage of a pure project where self-contained teams work full time on a project is when the following D- Lines of communication are shortened.

It is a type of project organization in which a self-contained team works full-time on the project; team members are regularly removed from their functional departments and work under the direction of a project manager.

Here are the advantages of pure project where self-contained teams work full time on a project:

Shortened Lines of Communication:

Hence, option D, Lines of communication are shortened, is the correct choice.

Learn more about working full times at

https://brainly.com/question/28832508

#SPJ11

The full screen is used as part of concept evaluation to help the firm decide whether it should go forward with the concept or quit. This is a technique that is used to test product concepts to evaluate whether or not they should be further developed.

The full-screen technique is usually done after some exploratory research has been conducted. The Full-Screen technique is used in concept testing for a new product, which provides a total concept, including both product and communication ideas. The main goal is to see the product in the context of all other competing and substitute products in the category to determine whether it can get to the top of the heap.

A full-screen method is an excellent tool for making a quick assessment of a new product idea because it helps the company to determine the viability of the concept. The process of creating a product innovation charter begins with the identification of the market need. It's important to remember that this should be a problem that customers are willing to pay to solve, and it must be a need that isn't being met by current products.

Learn more about the product innovation charter here:

brainly.com/14687821

#SPJ11

The government can approach the socially optimal level by taxing the sellers of the product, subsidizing the buyers of the product, or providing the product itself.

Where there are positive externalities from having a particular product in a society, the government can make the quantity of the product approach the socially optimal level by doing the following except subsidizing the sellers of the product.

Which are the three different types of externalities? Externalities come in three forms: positive, negative, and nonexistent externalities. Positive externalities are beneficial, while negative externalities are harmful. When an activity results in external benefits, it is known as a positive externality.

The following ways can be used by the government to approach the socially optimal level where there are positive externalities from having a particular product in a society: Taxing the sellers of the product: An excise tax on products that produce negative externalities can be levied to decrease the use of such products.

When a tax is imposed on producers who produce items that produce negative externalities, the price of these products rises, and consumers' demand for these items decreases. Subsidizing the buyers of the product:

You can read more about Positive externalities at https://brainly.com/question/477170

#SPJ11

The capitalized cost of perpetual service is $4,201,394.23 at i=7%.

To compute the capitalized cost of perpetual service, we need to find the present value of all future costs associated with the system.

Step 1: Calculate the present value of the initial cost of designing and building the system:

PV of initial cost = $830,000

Step 2: Calculate the present value of the recurring maintenance costs:

PV of recurring maintenance costs = $120,000 / 0.07 = $1,714,285.71

Step 3: Calculate the present value of the gear replacement cost at the end of the fifth year:

PV of gear replacement cost = $80,000 / 1.07^5 = $58,099.47

Step 4: Calculate the present value of the annual operating costs for the first 15 years:

PV of annual operating costs for first 15 years = $70,000 x [(1 - (1 / 1.07^15)) / 0.07] = $579,963.94

Step 5: Calculate the present value of the annual operating costs after the first 15 years:

PV of annual operating costs after 15 years = $100,000 / (0.07 - 0.03) / 1.07^15 = $1,019,045.11

Step 6: Add up all the present values to find the capitalized cost of perpetual service:

Capitalized cost of perpetual service = PV of initial cost + PV of recurring maintenance costs + PV of gear replacement cost + PV of annual operating costs for first 15 years + PV of annual operating costs after 15 years

= $830,000 + $1,714,285.71 + $58,099.47 + $579,963.94 + $1,019,045.11

= $4,201,394.23

Therefore, the capitalized cost of perpetual service is $4,201,394.23 at i=7%.

To know more about perpetual service, viist:

https://brainly.com/question/15062534

#SPJ1

In the following question, among the given options, the statement is said to be True, product knowledge has been ranked the number one characteristic of salespeople who are able to build trust. It is important for salespeople to have comprehensive knowledge of the product to gain a customer's trust and develop a long-term relationship with them.

What is product knowledge? Product knowledge is the knowledge of a product that a salesperson possesses. This includes information about the product's specifications, applications, use cases, features, and benefits. Product knowledge can also include knowledge of the product's manufacturing process and the history of its development. Why is product knowledge important in sales? A salesperson's product knowledge can significantly impact their performance. A deep understanding of the product and how it can address the customer's needs is crucial to closing a sale. It also helps the salesperson develop a trusting relationship with the customer. Product knowledge is particularly critical in the case of complex products, where the salesperson's ability to explain features and benefits can have a significant impact on the customer's decision-making process. Product knowledge can also aid in upselling and cross-selling. A salesperson who is knowledgeable about their product is better equipped to offer complementary products or upgrades to the customer. This results in increased revenue for the company, which is beneficial for both the salesperson and the organization. The ability to build trust and develop a long-term relationship with a customer is a critical skill for a salesperson. Product knowledge is ranked as the most important characteristic of salespeople who are able to build trust. This highlights the importance of product knowledge in sales.

For more such questions on product knowledge

https://brainly.com/question/20461046

#SPJ11  

The transaction you are referring to is called a "privatization."

Privatization is the process of transferring ownership and control of a government-owned asset or service to a private sector entity. It involves the sale or lease of state-owned assets or services to private investors or entities. The goal of privatization is to increase efficiency and reduce the burden on the government, by allowing private sector entities to manage and operate these assets or services. Privatization can occur in a variety of industries and sectors, including transportation, telecommunications, utilities, and healthcare.

You can learn more about transaction at

https://brainly.com/question/1016861

#SPJ11

1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero.

An account is an arrangement whereby two or more parties agree to exchange goods or services in return for payment. It is a relationship between an individual or business, known as a customer, and a financial institution, such as a bank or credit union. The customer deposits money into the account and can then withdraw it, as well as use it to make payments.

Customer Due Date Number of Days Past Due Arcade Beauty Aug. 17 168 Creative Images Oct. 30 60 Excel Hair Products July 3 252 First Class Hair Care Sept. 8 112 Golden Images Nov. 23 28 Oh That Hair Nov. 29 0 One Stop Hair Designs Dec. 7 0 Visions Hair & Nail Jan. 11 344

2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank.

Wig Creations Company Aging of Receivables Schedule December 31, 2017

Not Past Due Days Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due 91-120 Days Past Due Over 120 Balance Customer ABC Beauty 21,000 Angel Wigs 21,000 7,300 4,300 7,300 Zodiac Beauty 4,300 Arcade Beauty 4,800 Creative Images 4,900 Excel Hair Products 8,500 First Class Hair Care 7,400 Golden Images 3,000 Oh That Hair 2,900 One Stop Hair Designs

To learn more about account

https://brainly.com/question/26690519

#SPJ1

When a salesperson bypasses the appointed buyer of an operation and makes a sales pitch to get them to put pressure on the buyer to buy that particular product, they are engaging in unethical behavior known as bypass selling.

Bypass selling is an unethical practice that involves a salesperson bypassing the appointed buyer of an operation to make a sales pitch to someone else, such as an influencer, in the hopes that they will put pressure on the buyer to purchase a particular product or service. Instead of working with the appointed buyer to negotiate a deal, bypass selling is a method of circumventing the traditional purchasing process by appealing directly to those with influence or authority. This approach is unethical because it undermines the relationship between buyer and seller, causing friction and mistrust in the purchasing process.

Learn more about sales pitch here: https://brainly.com/question/22370209

#SPJ11

The data supports the coordinators statement that they do a pretty good job of giving additional scholarship assistance to students who have to take out loans.

To complete the hypothesis test for the difference of average scholarship amount between the two groups (group 1- 899 students not borrowing any money to go to college and group 2- 721 students borrowing money to go to college) we can use a two-tailed test.

The null hypothesis is that there is no difference between the average scholarship amount between the two groups.
H0: μ1-μ2 = 0

The alternative hypothesis is that there is a difference between the average scholarship amount between the two groups.
Ha: μ1-μ2 ≠ 0

Where μ1 is the mean of the scholarship amount received by the 899 students who didn't borrow any money to go to college and μ2 is the mean of the scholarship amount received by the 721 students who borrowed money to go to college.

We set the level of significance α=0.05.

We use the two-sample t-test for the difference between two means.

The test statistic is:
t=($4320-$3890)/340/√1620=2.32

The critical value of two-tailed test is 2.02. Since the test statistic is larger than the critical value, we can reject the null hypothesis that there is no difference between the average scholarship amount between the two groups.

Therefore, the data supports the coordinators' statement that they do a pretty good job of giving additional scholarship assistance to students who have to take out loans.

Learn more about hypothesis: brainly.com/question/606806

#SPJ11

In the following question, among the given options, option (2). If a company assumes that its inventory costs flow out in the opposite order from which the goods were purchased, it uses LIFO to value its inventory.

What is LIFO?LIFO is the abbreviation for Last-In-First-Out. It is a method of inventory valuation that is used by firms to calculate the cost of the inventory sold to customers. This method assumes that the most recently bought inventory is the first to be sold, and that the items purchased first are still on hand. Inventories have a major impact on a company's financial statements, especially the balance sheet and income statement. The expenses of goods sold, inventory valuation, and profit before taxes are all affected by the inventory system that is utilized by the firm.

LIFO is the most widely used inventory valuation system in the United States because it has the advantage of lowering the cost of goods sold, which reduces the amount of taxable income and taxes paid by the firm. Because of its simplicity, it is widely used in small businesses. Inventories are kept in a LIFO inventory system based on the most recent purchases. The units left are assumed to be the ones bought before the most recent purchase. When these units are sold, they are measured at the most recent price. In order to value their ending inventory, LIFO firms must re-calculate the cost of their inventory each year, which can be time-consuming and expensive.

For more such questions on LIFO

https://brainly.com/question/26428647

#SPJ11

The link between the home currency value of a firm's assets and liabilities and exchange rate fluctuations is asset exposure. This is because it is the financial vulnerability. Thus, the correct option will be D.

Asset exposure refers to a firm's financial vulnerability to fluctuations in exchange rates due to its assets. The value of the asset might change as a result of shifts in exchange rates. The asset exposure arises because of differences in accounting and legal reporting norms across national borders. This can influence the firm's balance sheet value and income statement as exchange rates change.

An organization is exposed to exchange rate risk if the value of its asset and liabilities changes as a result of exchange rate movements. An organization is exposed to exchange rate risk if the value of its asset and liabilities changes as a result of exchange rate movement.

Therefore, the correct option will be D.

Learn more about Asset exposure here:

https://brainly.com/question/30260905

#SPJ11

"The Purchases Returns and Allowances account is a contra cost of goods sold account, and the normal balance of this account is a credit."

The Purchases Returns and Allowances account is used to record any returns of merchandise or allowances granted to customers. As a contra account, it offsets the Cost of Goods Sold account, which is a standard expense account. The Purchases Returns and Allowances account has a normal credit balance, which means that any increases to this account are recorded as credits, and any decreases are recorded as debits.

This is because a credit balance in this account indicates that the company has received credits from its suppliers for returned or defective merchandise, or for allowances granted for damaged or unsatisfactory goods. Ultimately, the balance in this account will be deducted from the total cost of goods sold to determine the company's net cost of goods sold.

Learn more about purchase returns https://brainly.com/question/29317925

#SPJ11

Option a, b, and c are generally considered to be the important trends that are becoming evident in the marketing research industry.

Marketing research is the systematic process of collecting and analyzing data to help businesses make informed decisions. It is concerned with determining what products or services consumers want, and how best to market them so that they will buy them.

Therefore, the following are the important trends that are becoming evident in the marketing research industry:

Option a: A broader international client base

Option b: Expanded use of digital technology to acquire and retrieve information

Option c: Movement toward technology-related data management

Learn more about marketing research at https://brainly.com/question/24906199

#SPJ11

B. Short-term decision perspective is the correct answer. Return on marketing investment (ROMI) is a metric that measures the financial return on investment from marketing activities, typically in the short term.

ROMI is often criticized for focusing too heavily on short-term financial returns, such as immediate sales, and not taking into account the long-term effects of marketing activities, such as changes in brand equity or customer loyalty. Therefore, while ROMI is a useful metric for evaluating short-term marketing effectiveness, it is important to supplement it with other measures that capture the longer-term impact of marketing investments on brand equity, customer engagement, and overall business performance.

To know more about customer engagement, visit :

https://brainly.com/question/30547901

#SPJ1

The optimal order quantity for this product is approximately 848 units. The business could order fewer units to meet the same level of demand, which could result in lower holding costs.

In inventory management, EOQ stands for Economic Order Quantity. It is a mathematical formula that helps to determine the optimal order quantity that a business should place for a particular product to minimize the total cost of ordering and holding inventory.

Given the information provided, we can calculate the EOQ as follows:

EOQ = √(2DS/H)

where D = annual demand, S = setup cost per order, and H = holding cost per unit per year.

Substituting the given values, we get:

EOQ = √(2 x 8,000 x 45 / 2)

EOQ = √(720,000)

EOQ ≈ 848 units

If the demand doubles to 16,000 units, the EOQ formula would yield a new value, assuming that the other factors remain the same. The new EOQ would be approximately 1,196 units. This means that the business would need to place larger orders to meet the increased demand, which could result in higher ordering and holding costs.

If the holding cost drops to half, the EOQ formula would yield a lower value, assuming that the other factors remain the same. The new EOQ would be approximately 602 units. However, it is important to note that decreasing the holding cost too much could lead to stockouts and lost sales, which would negatively impact the business's revenue and customer satisfaction.

To learn more about optimal order quantity

https://brainly.com/question/15700934

#SPJ4

The DVD is rotating with an ever-increasing speed, meaning its angular velocity is increasing over time.

At point P and point Q, the centripetal acceleration, arad, and tangential acceleration, atan, will both be increasing as the angular velocity increases. The centripetal acceleration, arad, is the rate of change of the velocity vector, and is always directed toward the center of the circle. The tangential acceleration, atan, is the rate of change of the angular velocity, and is always tangential to the circle. Therefore, at point P and point Q, the centripetal acceleration and the tangential acceleration will both be increasing as the angular velocity increases.

For more questions on angular velocity

https://brainly.com/question/29342095

#SPJ11

The appropriate productivity measure is the ratio of output to input. It is represented as the resulting productivity ratio of 1.428. The correct option is B.

To calculate the productivity ratio, you need to divide the total output (500 units) by the total input (350 hours). This is known as the "productivity measure." Here's the step-by-step calculation:

Output = 500 units
Input = 350 hours
Productivity Measure = Output / Input
Productivity Measure = 500 units / 350 hours
Productivity Measure = 1.428

Hence, the productivity ratio is 1.428.

Therefore, the correct option is b) 1.428.

Learn more about Productivity ratio here:

https://brainly.com/question/19580455

#SPJ11