0
What else can I help you with?
What is the difference between production inventory quantity and economic order quantity?
EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model
Why is the demand curve for labor downward sloping?
The demand curve for labor is downward sloping because as the wage rate decreases, employers are willing to hire more workers to save on costs and increase production.
Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
What is the between derived demand and joint demand?
Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.
What is determinants of price elasticity of demand?
The rate of change of price and the rate of change of demand as a function of price.
Which statement correctly describes how this increased demand would lead to an increased rate of ATP production?
ATP levels would fall at first, increasing the inhibition of PFK and increasing the rate of ATP production. Correct: ATP levels would fall at first, decreasing the inhibition of PFK and increasing the rate of ATP production.
What increase has the demand for services seen in recent times?
The second change was an increased demand for services. The growth in demand for services--and resulting production--continues to increase at a faster rate than the demand for manufactured goods.
What is the difference between production inventory quantity and economic order quantity?
EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model
What is the difference between production order quantity and economic order quantity?
EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model
Why is the demand curve for labor downward sloping?
The demand curve for labor is downward sloping because as the wage rate decreases, employers are willing to hire more workers to save on costs and increase production.
Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
What is chase demand?
Chase demand is a strategy used in inventory management and production planning that aims to align production and inventory levels with current customer demand. Instead of maintaining a steady production rate, businesses adjust their output to match fluctuations in demand, ensuring they have the right amount of products available when needed. This approach helps minimize excess inventory and reduces carrying costs, but it may require a flexible workforce and responsive supply chain practices. Chase demand is particularly beneficial in industries with unpredictable or seasonal demand patterns.
What is the production rate of Listerine mouthwash?
The production rate of Listerine mouthwash can vary significantly based on factors such as manufacturing capabilities, demand, and production processes. Typically, large-scale manufacturers can produce thousands of gallons per day. However, specific production figures are proprietary and not publicly disclosed by the company. For precise information, it's best to consult the manufacturer or industry reports.
What is the between derived demand and joint demand?
Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.
What is determinants of price elasticity of demand?
The rate of change of price and the rate of change of demand as a function of price.
What 4 factors have an effect on the marginal efficiency of capital?
1. Demand of commodities 2. cost of production 3. Foreign trade 4.Rate of population growth
What factor influence a region photosynthetic productivity?
The main factor influencing production is consumer demand.
