suppose many consumers own a specific product sold by a particular company. there are lots of competitive, similar models of the product on the market. sales are beginning to drop. what stage of the product life cycle is this product in?

Economics is considered a social science because it studies human behavior and how individuals and societies allocate their limited resources to satisfy their unlimited wants and needs.

What is Economics?

Economics is a branch of social science that studies how people interact with each other and their environment to produce goods and services, exchange these goods and services, and consume them. Economics is a social science, not a physical science. This is due to the fact that it is concerned with human behavior and choices, which are difficult to model mathematically or precisely define.

Economics is concerned with how people allocate scarce resources, including land, labor, and capital, to produce goods and services that are in demand in the marketplace. Economics also examines how people make decisions about consuming, saving, and investing their money.

learn more about Economics here:

https://brainly.com/question/11813792

#SPJ11

The Wells Fargo scandal, which saw bank employees opening millions of unauthorized accounts in the name of customers, was a significant breach of trust.

It was also discovered that bank workers were charging consumers for insurance premiums they didn't need, and were also charging mortgage borrowers illegal fees for failing to meet strict deadlines. Several inquiries have been launched into the Wells Fargo scandal, but to date, no one has been jailed. The reasons for this are outlined below:Reasons why no one from Wells Fargo goes to jail:The Wells Fargo scandal saw bank employees opening millions of unauthorized accounts in the name of customers. Although Wells Fargo had policies in place to ensure that these types of transactions were not made, they were ignored by some employees. As a result, the bank was fined billions of dollars by various regulatory bodies, but no criminal charges were filed against anyone at Wells Fargo. Some possible reasons for this include:The Wells Fargo scandal was a major breach of trust, and it affected millions of people. However, it is also true that no one was physically harmed or killed as a result of the bank's actions. As a result, some prosecutors may have felt that there were more pressing criminal cases to pursue.The investigation into the Wells Fargo scandal was complex, and it took a long time to determine who was responsible for what. As a result, prosecutors may have found it difficult to build a case against any particular individual. Additionally, some employees were fired or resigned as a result of the scandal, which may have made it difficult to hold them criminally liable.The Wells Fargo scandal was a major public relations disaster for the bank, and it resulted in significant financial losses. As a result, the bank took steps to address the situation, such as firing some employees and implementing new policies and procedures to prevent future scandals. Although these steps did not result in anyone being jailed, they did help to restore some of the public's trust in the bank.

For more questions on banks

https://brainly.com/question/29601825

#SPJ11

The main purpose of risk identification in an organization is to understand threats to critical resources.

Risk identification refers to the process of identifying and evaluating potential risks to an organization's assets, processes, and operations. It is the first phase of the risk management process, and it is crucial to the success of risk management.

A risk identification program should include the following components: A framework for identifying and assessing risks. The methodology that is used to identify and assess risks. A systematic approach to identifying risks based on organizational goals and objectives. A procedure for reporting, tracking, and responding to identified risks.

Learn more about Risk identification here:

brainly.com/question/13107396

#SPJ11

The full screen is used as part of concept evaluation to help the firm decide whether it should go forward with the concept or quit. This is a technique that is used to test product concepts to evaluate whether or not they should be further developed.

The full-screen technique is usually done after some exploratory research has been conducted. The Full-Screen technique is used in concept testing for a new product, which provides a total concept, including both product and communication ideas. The main goal is to see the product in the context of all other competing and substitute products in the category to determine whether it can get to the top of the heap.

A full-screen method is an excellent tool for making a quick assessment of a new product idea because it helps the company to determine the viability of the concept. The process of creating a product innovation charter begins with the identification of the market need. It's important to remember that this should be a problem that customers are willing to pay to solve, and it must be a need that isn't being met by current products.

Learn more about the product innovation charter here:

brainly.com/14687821

#SPJ11

The probability that 10 or more of the original 5000 components fail during the useful life of the product can be approximated using a normal distribution.

Using a binomial distribution, the probability that 10 or fewer components fail is 0.99. To calculate the probability that 10 or more components fail, subtract 0.99 from 1, giving a probability of 0.01.

Therefore, the probability that 10 or more of the original 5000 components fail during the useful life of the product is approximately 0.01.

To approximate the probability that 10 or more components fail, a normal distribution can be used. Using the normal approximation, the probability of 10 or more components failing can be calculated as 1 minus the cumulative probability of 10 or fewer components failing.

This probability can be found by subtracting the cumulative probability of 10 or fewer components failing from 1. This gives an approximate probability that 10 or more of the original 5000 components fail during the useful life of the product of 0.01.

To know more about binomial distribution click on below link:

https://brainly.com/question/29137961#

#SPJ11

For business-to-business sales teams, an ideal customer profile usually identifies a target company's specific needs and potential value as a customer. For sales teams who sell directly to consumers, an ideal customer profile identifies a target audience's demographic, psychographic, and behavioral traits.

What is an ideal customer profile? An ideal customer profile (ICP) is a comprehensive description of a company's perfect customer. It includes a wide range of attributes, including demographic, psychographic, and behavioral characteristics, which are used to create a company's target audience. The profile identifies the characteristics of the ideal customers, which can then be used to identify potential customers that match the profile.An ICP for business-to-business sales teams is typically focused on identifying the specific needs of a target company and determining its potential value as a customer. The profile includes information such as company size, industry, location, revenue, and other relevant metrics, which can help sales teams determine whether a particular company is a good fit for their products or services. They can use this information to customize their pitch to the company's specific needs. On the other hand, for sales teams who sell directly to consumers, an ICP typically identifies the demographic, psychographic, and behavioral traits of a target audience.

Read more about business sales here:https://brainly.com/question/25743891

#SPJ11

The MOST consistent statement with the I/O view is " the resources the firm possesses is MOST consistent with the I/O (Industrial Organization) view". Option B is the correct answer.

The I/O (Industrial Organization) view suggests that a firm's performance is primarily determined by external factors, such as the structure of the industry in which the firm competes. According to this view, firms that possess superior resources, such as skilled labor, access to capital, and advanced technology, are more likely to achieve competitive advantage and outperform their rivals.

This implies that the resources the firm possesses are the most directly attributable to its performance, as stated in option b. Thus, option B is the correct answer.

You can learn more about I/O (Industrial Organization) view at

https://brainly.com/question/14593970

#SPJ11

In variable costing, fixed costs do not become part of the cost of goods manufactured, but are considered an expense of the period. This statement is true.

What is variable costing? Variable costing is a method of accounting for manufacturing that assigns only variable costs to the cost of goods manufactured. Under variable costing, fixed costs are expensed as period costs on the income statement rather than being included in the cost of goods sold. As a result, variable costing is frequently referred to as direct costing since only direct production costs are assigned to the cost of a unit of product.

In variable costing, all production costs that vary with the level of production are included in the cost of goods sold, while fixed costs are expensed in the period incurred. As a result, the cost of goods manufactured (COGM) under variable costing will only include variable production costs (direct materials, direct labour, and variable overhead) and no fixed overhead will be added to the cost of goods manufactured. This makes sense since fixed overhead does not vary with the level of production and, as a result, should not be included in the cost of goods manufactured.

For more such questions on variable costing

https://brainly.com/question/6337340

#SPJ11

In the extended IS-LM model, when X increases leading to a decrease in output, the better policy tool is monetary policy, and not fiscal policy.

In the extended IS-LM model, monetary policy is better than fiscal policy because its effects are more immediate and direct than those of fiscal policy. In the economy, there are two major policy tools used to manipulate the demand for goods and services.

Monetary policy is a better policy tool to stabilize output in the extended IS-LM model because its effects are more immediate and direct than those of fiscal policy. By adjusting the interest rates or reserve requirements, central banks can influence the aggregate demand for goods and services, which can help to stabilize output levels.

Conversely, fiscal policy can have delayed effects on the economy. Fiscal policy includes government spending, and it can take a while to implement such spending. Additionally, fiscal policy changes may require political consensus, which can be challenging to achieve quickly.

Learn more about monetary policy here:

brainly.com/question/13926715

#SPJ11

Telecommuting refers to work that is conducted in a remote location where the employee has limited contact with peers but is able to communicate electronically.The option B is the correct answer.

Telecommuting refers to work that is conducted in a remote location where the employee has limited contact with peers but can communicate electronically. Telecommuting, also known as teleworking, is a form of remote work that allows individuals to work from their homes, coffee shops, or any other location of their choosing.

It is a fantastic way for people to save time and money by avoiding the daily commute while still getting the job done. Other possible options to this question are Blended learning, Cloud computing, and Tele immersion. Blended learning refers to the combination of traditional classroom instruction with online learning.

Cloud computing is a method of storing and accessing data and applications over the internet. Tele-immersion is a type of virtual reality technology that allows people to interact with a remote location as if they were there. The option B is the correct answer.

Learn more about Telecommuting here:

brainly.com/question/26614549

#SPJ11

Identify the internal control principle the company followed the company's suppliers cannot be paid by the recordkeeper. Separate asset custody from recordkeeping. Access is the restricted to only authorized employees using personal ID cards. Use the technical restraints.

Employees cannot consent to the payment for the inventory they are proposing to buy. Distribute accountability for connected acts Each cashier has a dedicated cash drawer that they are only in charge of managing. establish accountability purchased a bonding (insurance) policy to cover losses due to cashier theft. Bond key workers and insure assets. The internal controls are frequently assessed by external auditors. The conduct frequent, impartial reviews

To learn more about company, click here.

https://brainly.com/question/30532251

#SPJ4

The question is incomplete complete question is given below

1)The recordkeeper is not permitted to pay the company's suppliers.

2)Personal ID cards are used to limit access to only authorized employees.

3)Employees requesting purchases of inventory cannot approve payment for that inventory

4)Each cashier is designated a specific cash drawer and is solely responsible for cash in that drawer.

5)Purchased an insurance (bonding) policy against losses from theft by a cashier.

6)External auditors are regularly hired to evaluate internal controls.

False. The focus of the job search is as to what the candidate wants and needs in today's competitive work market.

chronologic resume The majority of hiring managers favor this format, which is the most prevalent. Your job history, that should list your present and past employment in reverse chronological order, comes first on a chronological resume.

Major factors for professionals when selecting a career in a company include a higher pay, a safe working environment, flexibility, internal mobility, added insurance health coverage, paid leave, and benefits like a membership to a fitness center.

To know more about market visit :

https://brainly.com/question/13414268

#SPJ1

True. All accounts that appear in the balance sheet, including retained earnings, are permanent accounts, and we carry forward their balances from period to period.

A balance sheet is a financial statement that summarizes a company's assets, liabilities, and equity. The balance sheet is a snapshot of the company's financial position at a single point in time, detailing what the company owns (assets), what it owes (liabilities), and the value of shareholder equity.

Balance sheet accounts are classified into two categories: permanent accounts and temporary accounts. The accounts that appear in the balance sheet are permanent accounts, while the accounts that appear in the income statement and statement of cash flows are temporary accounts.

Learn more about balance sheet at https://brainly.com/question/1113933

#SPJ11

1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero.

An account is an arrangement whereby two or more parties agree to exchange goods or services in return for payment. It is a relationship between an individual or business, known as a customer, and a financial institution, such as a bank or credit union. The customer deposits money into the account and can then withdraw it, as well as use it to make payments.

Customer Due Date Number of Days Past Due Arcade Beauty Aug. 17 168 Creative Images Oct. 30 60 Excel Hair Products July 3 252 First Class Hair Care Sept. 8 112 Golden Images Nov. 23 28 Oh That Hair Nov. 29 0 One Stop Hair Designs Dec. 7 0 Visions Hair & Nail Jan. 11 344

2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank.

Wig Creations Company Aging of Receivables Schedule December 31, 2017

Not Past Due Days Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due 91-120 Days Past Due Over 120 Balance Customer ABC Beauty 21,000 Angel Wigs 21,000 7,300 4,300 7,300 Zodiac Beauty 4,300 Arcade Beauty 4,800 Creative Images 4,900 Excel Hair Products 8,500 First Class Hair Care 7,400 Golden Images 3,000 Oh That Hair 2,900 One Stop Hair Designs

To learn more about account

https://brainly.com/question/26690519

#SPJ1

In figuring out the most appropriate level of output, a firm need to goal for the factor of maximum profitability for the company

financial profit is maximized at the output stage at which the slopes of the overall sales and overall price curves are same, furnished that the firm is covering its variable cost. to use the marginal decision rule in earnings maximization, the company produces the output at which marginal cost equals marginal revenue.The earnings-maximizing choice for a wonderfully competitive firm will arise at the extent of output wherein marginal sales is identical to marginal cost—that is, where MR = MC.


To know greater about marginal cost click right here
brainly.com/question/30529566
#SPJ4

The optimal level of output for a firm is the point of maximum profitability, which is found where marginal cost equals marginal revenue.

In determining the optimal level of output, a firm should aim for the point of maximum profitability for the company. This level is obtained where marginal cost equals marginal revenue (MC=MR). In this situation, the firm maximizes its profits as it is able to sell its output at the highest possible price that exceeds its marginal cost.

Points where decreasing returns become negative or where fixed costs exceed variable costs do not necessarily represent the optimal output level. Similarly, output levels where marginal returns are still increasing may be suboptimal if they are below the level where MC=MR.

A real-world example could be a shoe manufacturing company, they would aim to produce and sell at a level where their cost per shoe (MC) equals the extra revenue from selling an extra shoe (MR) to maximize their profitability.

https://brainly.com/question/34502417

#SPJ12

The statement by the client indicates the teaching was successful  are"The symptoms are primarily localized to the skin but may involve the joints." (D)

Systemic lupus erythematosus (SLE) is an autoimmune disorder that primarily affects the skin and joints. It is usually characterized by a butterfly rash, which is a red, scaly rash that covers the cheeks and bridge of the nose.

It can also cause joint pain and swelling, fatigue, and sensitivity to light. This indicates that the teaching was successful, as the client has demonstrated an understanding of the primary symptoms of SLE. (D)

To know more about Systemic lupus erythematosus click on below link:

https://brainly.com/question/9442577#

#SPJ11

"The Purchases Returns and Allowances account is a contra cost of goods sold account, and the normal balance of this account is a credit."

The Purchases Returns and Allowances account is used to record any returns of merchandise or allowances granted to customers. As a contra account, it offsets the Cost of Goods Sold account, which is a standard expense account. The Purchases Returns and Allowances account has a normal credit balance, which means that any increases to this account are recorded as credits, and any decreases are recorded as debits.

This is because a credit balance in this account indicates that the company has received credits from its suppliers for returned or defective merchandise, or for allowances granted for damaged or unsatisfactory goods. Ultimately, the balance in this account will be deducted from the total cost of goods sold to determine the company's net cost of goods sold.

Learn more about purchase returns https://brainly.com/question/29317925

#SPJ11

In the following question, among the given options, option (2). If a company assumes that its inventory costs flow out in the opposite order from which the goods were purchased, it uses LIFO to value its inventory.

What is LIFO?LIFO is the abbreviation for Last-In-First-Out. It is a method of inventory valuation that is used by firms to calculate the cost of the inventory sold to customers. This method assumes that the most recently bought inventory is the first to be sold, and that the items purchased first are still on hand. Inventories have a major impact on a company's financial statements, especially the balance sheet and income statement. The expenses of goods sold, inventory valuation, and profit before taxes are all affected by the inventory system that is utilized by the firm.

LIFO is the most widely used inventory valuation system in the United States because it has the advantage of lowering the cost of goods sold, which reduces the amount of taxable income and taxes paid by the firm. Because of its simplicity, it is widely used in small businesses. Inventories are kept in a LIFO inventory system based on the most recent purchases. The units left are assumed to be the ones bought before the most recent purchase. When these units are sold, they are measured at the most recent price. In order to value their ending inventory, LIFO firms must re-calculate the cost of their inventory each year, which can be time-consuming and expensive.

For more such questions on LIFO

https://brainly.com/question/26428647

#SPJ11

In the following question, among the given options, option B). The "Learning management systems(LMS)" allows companies to track the number of employees who have completed courses that are required to meet state, federal, or professional regulations (compliance training)

What are Learning Management Systems (LMS)? A Learning Management System (LMS) is a web-based software system that enables organizations to deliver and manage employee training and development courses. Learning management systems can be used to track training, automate the training process, and evaluate employee progress in meeting compliance requirements.

LMS can also assist companies in developing tailored training programs for specific roles and skills, as well as allowing for tracking the success of the program over time.

The following are some of the advantages of utilizing an LMS: Streamlined training processesIncreased accessibility to informationIncreased consistency in training program evaluation of employee performance standardized training materialsImproved communication and reporting these are just a few of the advantages of using an LMS for employee training and development.

For more such questions on LMS

https://brainly.com/question/15319801

#SPJ11

To score better on a security self-assessment, it is recommended to:

Access corporate applications via a VPN and Set your home wireless router's encryption method to WPA2.

To score better on a security self-assessment, you should set your home wireless router's encryption method to WPA2. Accessing corporate applications directly rather than via a VPN, utilizing the default name and password on your home wireless router, and checking email while using a free, public wireless network are all potential security risks.

Learn more about VPN at

https://brainly.com/question/17272592

#SPJ11

Florals is a popular retail chain specializing in women's lingerie and perfume. It designs and sources its own private-label merchandise that is sold in the store. Therefore, Florals is practicing Backward integration.

Backward integration is a type of vertical integration where a company takes on responsibilities that were previously handled by companies higher up the supply chain.

In other terms, backward integration occurs when a business acquires a supplier of goods or services for its own operations.

Although companies frequently carry out backward integration through the acquisition or merger of these other firms, they can also create their own subsidiary to carry out the process.

When a corporation owns each step of the manufacturing procedure, from raw materials to completed products or services, this is referred to as complete vertical integration.

Learn more about Backward integration here:

brainly.com/question/14266003

#SPJ11

There are three ways a firm can identify target markets: by analyzing consumer characteristics, examining existing customers, and researching competitors.

To successfully sell products or services, companies need to identify and understand their target market. One way to do this is to analyze consumer characteristics such as age, gender, income, and lifestyle. Another method is to examine existing customers and determine commonalities among them.

Additionally, researching competitors can provide insight into their target market and identify potential opportunities. Once a target market is identified, companies can create a marketing strategy to effectively promote and reach their audience through advertising, communication, and distribution channels.

Learn more about marketing strategy https://brainly.com/question/25640993

#SPJ11

The losses because of an exchange rate, investment losses, credit risks, and liquidity risks are all examples of financial risk.

Economic risk refers back to the ability for financial loss or negative effect on an agency's economic position because of market fluctuations, creditworthiness, or different elements that affect the cost of belongings or the capacity to meet economic responsibilities.

Exchange price chance happens whilst a organisation has monetary transactions in a overseas foreign money, which may bring about losses due to exchange rate fluctuations. funding losses arise when investments made by means of a organisation decline in cost.

Credit risks stand up while a borrower is not able to pay off debt. Liquidity risks occur while a organisation is not able to satisfy its brief-term economic obligations. effective chance management strategies can assist businesses mitigate economic risks and defend their monetary role.

Learn more about financial risk:-

https://brainly.com/question/28257377

#SPJ4

The common size balance sheet and income statement use a common denominator amount of 100 to calculate percentages.

This allows the analyst to make comparisons across various periods, companies, and industries.

The common denominator amount used to calculate the common size balance sheet and income statement is 100. This means that every item on the balance sheet and income statement is expressed as a percentage of 100. This allows the analyst to make comparisons across different periods, companies, and industries.

For example, if Company A's cash assets are 30% of its total assets, and Company B's cash assets are 40% of its total assets, then the analyst can see that Company B has a higher percentage of cash assets relative to its total assets.

This comparison could not be done if the items were not expressed as a percentage. Therefore, using a common denominator amount of 100 is essential to the analysis of common size balance sheets and income statements.

To know more about balance sheet click on below link:

https://brainly.com/question/26323001#

#SPJ11

In the final analysis, the inventory cost for Manchester is $22,880.

Inventory purchases are inventory-related transactions in which goods are acquired by a company for the purpose of resale to customers.

Inventory purchases are journalized by debiting the Purchases account and crediting the Accounts Payable account or Cash account.

The journal entries for Manchester's purchase transactions are as follows:

Jan. 2: Purchased inventory worth $23,000 on account with credit terms of 3/15, n/45, FOB shipping point.

Accounts Payable (23,000) Debit Purchases (23,000) Credit

Jan. 5: Freight charge of $120 paid. Accounts Payable (120) Debit Cash (120) Credit

Jan. 7: $6,400 worth of inventory returned due to damage during shipment.

Accounts Payable (6,400) Credit Merchandise Inventory (6,400) Debit

Jan. 14: The amount owed, less return and discount, was paid. Cash (16,102) Debit Accounts Payable (15,680) Debit Purchases Discount (422) Debit Merchandise Inventory (22,880) Credit

Therefore, the inventory cost for Manchester is $22,880.

Learn more about inventory costs here:

https://brainly.com/question/6640325

#SPJ11

A short seller earns the difference between what they initially paid for the stock versus what they later sell the stock for. This statement is true and it is the correct answer.

Short selling is a trading strategy in which the seller sells the stock or security that they do not possess. They earn profits by selling the borrowed shares in the market at a high price, and then buying them back again at a lower price to replace the borrowed shares.This means that the trader who sold the shares does not actually own the stock, so they have to borrow it from a broker or other holder who owns the shares. They then sell the borrowed shares to someone else who is willing to pay a high price for the shares, hoping that the price will fall later on. They will then buy back the same amount of shares they borrowed at a lower price, return them to the original holder, and make a profit based on the difference between the initial selling price and the final purchase price.A short seller does not anticipate that the price of the stock sold short will increase because if that happens, they will be forced to buy back the shares at a higher price, resulting in a loss of money. A short seller also does not lend the stock to another investor and receive it back because the stock is borrowed from a broker or other holder, not another investor. After subtracting any dividend payments made, the short seller does not make a profit equal to the difference between the original sell price and the price paid for the stock because the price paid for the stock is not the price at which the shares were sold.

For more questions on stocks

https://brainly.com/question/26128641

#SPJ11

True. Hofstede's power distance dimension focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities.

This dimension was first introduced by Geert Hofstede in his book, "Culture's Consequences: International Differences in Work-Related Values". This dimension is based on the idea that power and inequality can be managed differently in different cultures. In societies with a high power distance, people tend to accept hierarchical structures and have a strong focus on respect for authority. In societies with a low power distance, people tend to be more equal in their relationships and are more likely to challenge authority. In Hofstede's model, the power distance dimension is based on the idea that people have different physical and intellectual capabilities. Those in power are expected to use their knowledge and power responsibly and fairly, while those in subordinate positions are expected to respect those in authority. Therefore, this dimension acknowledges the physical and intellectual inequality between people and seeks to manage it in a way that is fair and equitable.

For more such questions on capabilities

https://brainly.com/question/30397454

#SPJ11

The correct answer is C Net income per book. In working with Schedule M-2 of Form 1120, an addition to beginning retained earnings is the Net income per book.

Schedule M-2 is a supplemental schedule that reports information regarding the corporation's accumulated earnings and profits (E&P) balance.

This schedule is only required if the corporation had E&P at the end of the year, and it is completed as a continuation of the corporation's balance sheet, which is part of Form 1120.

The purpose of this schedule is to explain the difference between the corporation's beginning and ending retained earnings reported on its balance sheet.

If the difference between beginning and ending retained earnings is the same as the corporation's E&P balance, then Schedule M-2 will reconcile the difference.

When it comes to working with Schedule M-2 of Form 1120, Net income per book is an addition to beginning retained earnings.

Hence, option c is the correct answer.

Learn more about net income here

https://brainly.com/question/28390284

#SPJ11

The optimal order quantity for this product is approximately 848 units. The business could order fewer units to meet the same level of demand, which could result in lower holding costs.

In inventory management, EOQ stands for Economic Order Quantity. It is a mathematical formula that helps to determine the optimal order quantity that a business should place for a particular product to minimize the total cost of ordering and holding inventory.

Given the information provided, we can calculate the EOQ as follows:

EOQ = √(2DS/H)

where D = annual demand, S = setup cost per order, and H = holding cost per unit per year.

Substituting the given values, we get:

EOQ = √(2 x 8,000 x 45 / 2)

EOQ = √(720,000)

EOQ ≈ 848 units

If the demand doubles to 16,000 units, the EOQ formula would yield a new value, assuming that the other factors remain the same. The new EOQ would be approximately 1,196 units. This means that the business would need to place larger orders to meet the increased demand, which could result in higher ordering and holding costs.

If the holding cost drops to half, the EOQ formula would yield a lower value, assuming that the other factors remain the same. The new EOQ would be approximately 602 units. However, it is important to note that decreasing the holding cost too much could lead to stockouts and lost sales, which would negatively impact the business's revenue and customer satisfaction.

To learn more about optimal order quantity

https://brainly.com/question/15700934

#SPJ4

Immediately downstream from the paper plant would be the best location to obtain a water sample from to determine if the paper plant is affecting the acidity of the river. Hence, option b is correct.

Acidity is a measure of the river water's capacity to neutralize alkali, measured in units of pH. The pH of a liquid reflects the number of hydrogen ions present in the water.

The pH scale ranges from 0 to 14, with a pH of 7 being neutral. pH values lower than 7 are acidic, and pH values higher than 7 are basic.

Immediately downstream from the paper plant would be the best location to obtain a water sample from to determine if the paper plant is affecting the acidity of the river.

This is because water samples taken immediately downstream of the paper plant will indicate whether or not the plant has had an impact on the acidity of the river.

Hence, option b. Immediately upstream from the paper plant is correct.

Learn more about acidity of the river here:

brainly.com/question/15476199

#SPJ11