In this scenario, the handler company receives a $21.85 discount (1% of the amount borrowed) for settling their payment within 15 days. Consequently, rather than sending the full sum of $2,185 to Ellen Co., they will only remit $2,163.15, which is $21.85 less than the initial amount due, taking advantage of the 1% discount.
Answer:
c.Internal environment
Explanation:
The internal environment encompasses the culture, members, events, and factors instrumental in influencing an organization’s decisions.
The founder leader's influence plays a significant role in shaping Organizational Culture.
Answer:
The question is rephrased to include the options:
A. The production order quantity model applies under conditions where the basic EOQ model's assumptions hold true, except that receiving is not instantaneous.
B. Average inventory exceeds half the quantity of production order.
C. Due to the non-instantaneous receipt, some items are used immediately rather than being stored.
D. All other things being equal, a lower demand rate to production rate ratio results in a smaller production order quantity.
E. All options are true.
The right answer is option B, "Average inventory is more than one-half of the production order quantity."
Explanation:
Having inventory allows for a division within the production stages, separating finished products from those that are not yet completed, potentially generating income for the company.
An average inventory will be less than half of the production order quantity.
The production order quantity model allows for gradual receipt of orders rather than a single bulk delivery.
This model aids companies in managing their inventory holding costs and average fixed ordering expenses, ultimately helping them to check and reduce inventory costs and providing clarity on appropriate production quantities at any time.
Answer:
50%
Explanation:
To determine the margin on price, calculate the variance between the selling price and production cost, then divide that result by the product's price:
Margin=(2-1)/2
Margin=1/2
Margin=0.5 → 50%
Thus, the margin on price calculates to 50%.
