The rate at which firms use up their inventory is known as ________.
Fill in the blank(s) with the appropriate word(s).
Answer: inventory velocity
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Suppose the quantity demanded for a security is BD = 100 ? 0.1b,and the quantity supplied of the security is BS = 50 + 0.1b,where b is the price of the security in dollars. a.Calculate the equilibrium price and quantity of the security. b.Suppose demand increases by 50, so that BD = 150 ? 0.1b. Now, calculate the new equilibrium price and quantity of the security.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The amount of control over the quality, value, risk, or efficiency of the experience that guests think they acquire by participating is more important than the actual degree of control in determining the value of guest participation. 2. Guest participation can help waits feel shorter. 3. A good service organization would never fire a guest. 4. Letting guests participate can build guest commitment and repeat business.
One excellent way for a salesperson to obtain an appointment with a prospect is to have a customer make the appointment for the salesperson.
Answer the following statement true (T) or false (F)
Costs that flow directly to the current income statement and are not reported as assets are ________ costs.
What will be an ideal response?