The circular flow diagram: : a) illustrates the connection between households and firms. households provide resources to firms and firms provide goods and services to households. b) illustrates that firms take advantage of households since there is only a one way flow of resources from households to firms. c) illustrates that households and firms are both separated by the government which dominates them both. d) shows that there is no connection between firms and households. these two separate entities avoid each other whenever possible since they are better off not interacting.

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins