We need 5 Kanban card sets to meet the demand of 10 gauges per hour, with a lead time 2 hours and container size 5, and 20% safety stock requirements
To calculate the number of Kanban card sets needed, we will use the following formula: Number of Kanban card sets = (Demand × Lead Time × (1 + Safety Stock %)) / Container Size
Given the details in your question:
- Average demand: 10 gauges per hour
- Lead time: 2 hours
- Container size: 5 gauges
- Safety stock: 20%
Now let's plug these values into the formula:
Number of Kanban card sets = (10 gauges/hour × 2 hours × (1 + 20%)) / 5 gauges
First, calculate the safety stock factor: 1 + 20% = 1 + 0.2 = 1.2
Next, multiply demand, lead time, and safety stock factor:
10 gauges/hour × 2 hours × 1.2 = 24 gauges
Finally, divide the result by the container size:
24 gauges / 5 gauges = 4.8
Since we can't have a fraction of a Kanban card set, we round up to the nearest whole number. Thus, we need 5 Kanban card sets to meet the demand, lead time, and safety stock requirements.
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Answer:
Opt out
Explanation:
Conventionally, CONSENT is when one person or individual(s) voluntarily agrees to the proposal of another person or individual(s).
There are four types of Consent, namely;
(1). Implied consent: this is a type of consent inferred from someone's actions.
(2). Informed consent: this is a consent given by an individual who has understanding of the consequences of an action.
(3). Unanimous consent: consent given by a group of people.
(4). Expressed consent.
The OPT OUT model is an example of INFORMED CONSENT.
"The OPT OUT model of informed consent permits the company to collect personal information until the customer specifically requests that the data not be collected."
Answer:
Opt-out
Explanation:
Under certain circumstances, an opt-out policy model allows consumers to know that they have the opportunity and right to opt out of elements of your app or website, as well as a clear and easy-to-follow opt-out method, is required by law.
Many organizations choose to include in their privacy policy agreements the opt-out clause required.
Answer:
joint venture
Explanation:
Joint venture is an association of two or more entities that exercise joint control over an undertaking for profit generally set up for a limited purpose, a limited time, or both.
Joint venture may be established by agreement or contract alone as a corporation, as a partnership and as an undivided interest entity.
Answer:
Joint venture
Explanation:
In a joint venture, two or more firms create a legally independent company to share some of their resources to create a competitive advantage.
A joint venture is like a partnership with a specific goal to function. It is popularly known as a stragetic alliance.
Joint ventures, practically a type of patnership whereby two or more companies form a new company. This new company is a legally independent company. The companies that have come together invest equity and their resources . These new alliance can be formed for a certain short term period, like for a certain project or for a long-term business relationship, while control, revenues and risks are shared according to their capital contribution.
B. store of value
C. medium of exchange
D. measure of value
Answer: Medium of exchange.
Explanation:
The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.
Option (B) is correct. When a person buys a bond, then that person is loaning the money to an organization.
Further Explanation:
Bond: Bond is a financial instrument that is used for raising the funds from the outside of the entity. The bond is a loan agreement between the issuer and the bondholder where the issuer borrows the funds from the bondholder. The issuer has to pay the principal and the interest on the bond to the bondholder. Bond has a maturity date on which the issuer has to pay the principal (borrowed funds). Generally, the issuer pays the interest on the bond during the tenure of the bond.
Therefore, when a person buys a bond, that person is loaning the money to an organization.
A.
Stock: This is an incorrect option.
Stock signifies the ownership in the company. It is not a loan.
B.
Bond: This is the correct option.
Bond is a loan provided by the bondholder to the issuer of the bond.
C.
Mutual fund: This is an incorrect option.
A mutual fund is an investment in various companies in a small fraction. It is a combination of debt and equity.
D.
Index fund: This is an incorrect option.
The index fund is a type of mutual fund so it cannot be considered as a loan.
Learn more:
1. Learn more about the ideal type of loan for students
2. Learn more about the mortgage payment
3. Learn more about the due amount of bond
Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Bonds & Debentures
Keywords: Bond, payable, loan, principal, interest, interest rate, bond, loaning, money, organization, stock, bond, mutual fund, index fund, borrower, issuer, bondholder.