"Jim uses a fixed order interval approach to managing his inventory of corn chip bags (i. e., Jim orders more bags on the 1st of each month). Jim doesn't know demand with certainty, but he usually ranges from 2000 to 4000 bags sold a month, so he keeps 4500 bags in stock. Last month Jim used 2750 bags. Using the periodic review (P) system, how many bags will Jim order this month?"

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.