Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A major component of the costs of many large firms is the cost associated with ordering and holding inventory. If the yearly demand for the good is D and the size of each order placed is q then the number of orders N in each year is:
N=D/Q
If the cost of placing each order is Co then the cost of placing all N orders is:
OC = CoN
The second component is the carrying or handling cost of an inventory. Under the assumption that the average number of items in stock is q / 2 and with cost of each item set at p , the value of this average number of items is p (q / 2) . The carrying in this situation is the proportion C of this value:
CC = Cnp (q/2)
The third component of total costs is simply the purchase cost of all the items, or PC = pD. Assuming that Co, D, Cn and p are constant, what is the optimal order size q?
Differentiate the definition of economics as given by Prof. Marshall and Prof.Robbins. Illustrate the concept of production possibility curve .How PPC is helpful to solve econom
Meaning of absolute cost difference and comparative cost difference.
discuss the revealed preference theory of consumer behaviour
Perfect competition: The behaviours of firms in perfect competition. It should be noted that firms that fit into perfect competition model are very rare in real-life situation
Dynamic Changes in Costs: The Learning Curve
#• The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. • The price of a pack of cigarettes increases by 10% and there is a 5% drop in the quan
# 1 Question: Consider a competitive market for Berries. The market demand for the berries is Qd=50-P (Qd is the quantity demanded (cartons) and P is the price in $. The market sup
How do I draw and interpret a combined ppc curve?
Deadline is 20 Hours... 1. A. Explain how one derives the indifference curves from a 3-dimensional utility function. Draw a graph and explain. Which principle explains the concav
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd