The following information relates to Blueberry Company's materials Y C6st Of Yuas =P 320 Working days per year Normal lead time in working days Maximum lead time in working days 240 20. 45 18. Assuming that the units of material Y will be required evenly throughout the year, the safety stock and order point would be Safety Stock 600 Order Point a. 600 1,350 600 b. 600 c. 750 d. 750 1,350

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A:

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.