The sale price of a unit of product is OMR 10 while purchase price OMR 7. The normal demand for the product is 250 units per week. Company has to spend around OMR 300 each time for buying a group of units. Store manager has estimated per unit storage expense @ 2 % purchase cost. The economic order quantity for the business will be: None of these 2,500 units 3,000 units Next page 3,586 units

Q: the concept of globalization

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Q: Service- industry example

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Q: Define control decisions.

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Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.