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Allocated Stock and Safety Stock
Allocated stock
A category of stock which ensures that current stock is set aside and not issued under the normal procedure.
Safety stock
A category of stock which ensures that the supply of an item is always greater than demand. Safety stock is held if supply is uncertain, possibly in anticipation of a sudden increase in demand or in order to reduce supply time of a long LT item.
draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.
objestive of williamson modle
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Long Run Average Cost (or LAC) -Constant Returns to Scale If the input is doubled, the output will double and average cost is constant at all the levels of output.
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Why is investment so important in an economy? Define investment as an enhance in capital stock and link this to broad macro issues; future output, enhance in living standards, ta
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In relation to banking, Basel II, the Capital Requirements Directive (CRD) was implemented in January 2008. The CRD requires stricter capital treatment of a bank's risk transfer op
a. Determine Australia’s market equilibrium for TV sets. i. (1) What are the equilibrium price and quantity?
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