TRUE or FALSE. The larger is the variation in firm demand in an industry with relatively fixed total demand, the smaller are the benefits of clustering. Briefly explain.
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TRUE or FALSE. The larger is the variation in firm demand in an industry with relatively fixed total demand, the smaller are the benefits of clustering. Briefly explain.
An equilibrium situation in the market arises when the market demand is equal to the market supply and an increase in firms' demand will tend to increase the price of the commodity which will affect the market conditions.
The larger is the variation in firm demand in an industry with relatively fixed total demand, the smaller are the benefits of clustering. because of which it will affect the industry as a whole and later to the consumers which are associated with it.
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- suppose your business is rental cloth collection, explain specifically the markets competitive advantage in the market place and how it will compete against more established competitors.Suppose a company has a fixed cost of $100,000 and a variable cost per unit of $10. It sells its product for $14. Calculate its break-even level of output. Calculate how much it must produce to make $100,000, assuming it can sell it all. At an output level of 35,000 units, if it can buy the product wholesale from a distributor at $12 each, should it outsource or produce the product itself?Following are some of the information on demand and costs of a mobile phone manufacturer: Monthly Sales for previous year were 10,000 Mobile Phones. Overall Market has grown at 15% from the previous year. The company uses a third-party storage solution for keeping its inventory. The charges are Rs. 100/unit. For procuring the raw material company relies on a contractor which provides them a one stop solution and charges Rs. 3000 per order. The actual cost of the raw material is approximately 7000/unit. Using the above given information answer the following questions? What is the Economic Order Quantity for the company? If a working year is 300 days find out how many orders the company will place for the current year and what would the gap between two orders? What will be the total cost of inventory policy for the company? If the delivery lead time for receiving the order is 20 days what should be the reorder point for the company?
- Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods Inventory,June1 $61,600 $46,200 (e) Cost of goods manufactured 329,000 (c ) 484,800 Cost of finished goods available for sales (a) $260,400 $540,000 Finished goods Inventory ,June30 72,800 61,600 (f) Cost of goods sold (b) (d) $513,600Determine Fall's seasonal factor from the information below. Seasons Past Sales Spring 350 Summer 200 Fall 600 Winter 450 Total 1,600 Group of answer choices a. 0.8 b. 1.8 c. 2.5 d. 1.5 e. 2.0Read the following scenario and answer the questions given bellow.• A car rental company has its offices in three major cites of the area. Acostumer once registered with the company, can avail its services from anynearby office. Every office keeps record of the vehicles, their drivers andrenting details. Salaries of administrative staff are controlled at a single sitewhile the drivers are paid (according to the services they provide) from their local office. Rates for famous tourism spots are fixed (with a slight difference for different vehicles), while other spots are charged according to the mileage covered. 1. Give details of any of the relations replicated on more than one sites
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