The setup cost to make a carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. Given this information, which of the following statements is true?
a. With an optimum order quantity of 600, the length of the production run in days is 5.
b. With an optimum order quantity of 500, the length of the production run in days is 6.
c. With an optimum order quantity of 400, the length of the production run in days is 7.
d. With an optimum order quantity of 300, the length of the production run in days is 8.
a. With an optimum order quantity of 600, the length of the production run in days is 5.
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a. True b. False
Which of the following have been identified as valid uses of a state's police power?
a. Efforts to address threats to the public health and safety, such as fires and unsanitary conditions. b. Rent control within constitutional limits and efforts to address threats to the public health and safety, such as fires and unsanitary conditions c. Rent control within constitutional limits; efforts to address threats to the public health and safety, such as fires and unsanitary conditions; and restrictions on off-site advertising signs. d. Only efforts involving legislation addressing the conduct of police officers both on and off the job because the state's police power is limited to supervision of law enforcement officers within the state's jurisdiction.
A liquidity-risk premium is the additional return required by investors for securities that cannot
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On April 1, Ken's Construction, Inc, enters into a contract to build a store for Lo-Price Retail, Inc, at a specific location in Metro City. On April 10, Metro changes its zoning law to prohibit the construction of a commercial building at that location. Lo-Price files a suit against Ken's Construction. In this situation A) Ken's Construction is in breach of contract
B) Lo-Price Retail is in breach of contract. C) the contract is discharged. D) the contract is suspended.