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tangare
5 hours ago
10

Freedom Wine receives an average of $684,006 in checks per day. The delay in clearing is typically 1.3 days. The current interes

t rate is .024 percent per day. Assume each month has 30 days.
What is the highest daily fee the company should be willing to pay to eliminate its float entirely?
Business
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Which of these statements about the production order quantity model is FALSE? The production order quantity model is appropriate
Katen [3525]

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.

6 0
2 months ago
Which loan created a habit where the borrower kept coming back to request an extension?
Free_Kalibri [3773]
Extension requests are quite common due to the buyer's viewpoint on bridging finance and the varied reasons for both requirements. The more prevalent explanations include: Securing planning approvals has taken longer than anticipated. Once a deal is negotiated, the borrower waits for contracts to be exchanged. The lender requires additional resources and time to complete the project. A refurbishment assessment was unexpectedly delayed. The lender postpones refinancing the debt until a new lender has completed their research. At the last moment, the buyer interested in the lender's property withdraws, leading the borrower to re-list the property. In the final moments, the previous buyer deciding against refinancing forces the lender to seek out a new mortgage company.
4 0
2 months ago
Len contracts to work for Media Corporation during May for $4,500. On April 30, Media cancels the contract. Len declines a simil
Mariulka [3825]

Answer:

The right choice is:

$3,500 (b.)

Explanation:

Compensatory damages refer to funds awarded to the plaintiff to compensate for losses resulting from negligence or unlawful actions by the defendant in a civil court situation. Before any financial compensation can be awarded, the plaintiff must establish the amount and show that these losses are directly linked to the defendant's actions. Given the loss stemming from the failure of the contract is $3,500, the plaintiff may pursue a claim for the same amount.

In contrast, punitive damages may serve as compensation exceeding the plaintiff’s incurred losses, primarily aimed at deterring similar conduct that leads to the plaintiff's losses.

8 0
1 month ago
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