The manager of a hardware store is reviewing inventory policies for various items. Current policy is to replenish inventory for a particular item with weekly demand of 60 units by ordering 360 units at a per unit cost of $80. The cost associated with placing an order is estimated at $30 and holding costs are figured annually at 25 percent of the unit cost. The hardware store is open 52 weeks per year. Using this information, answer the questions below: What is the Economic Order Quantity

Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

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