Upon engaging in a verbal agreement with someone on the price of purchasing a vehicle, mention the conditions which made to make an enforceable contract with the purchaser. Introduction: Agreements between two parties for exchange of goods or services is called as a contract. The contracts can be either in written or verbal forms.

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Develop and implement a complex and scientific project for an organisation of your choice. please include report include the following: Introduction Background research to the project The 5 basic phases in the project management process Project Initiation Project Planning Project Execution Project Monitoring and Controlling Project Closing Conclusion

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Chapter 15, Problem 4DQ

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To determine: Upon engaging in a verbal agreement with someone on the price of purchasing a vehicle, mention the conditions which made to make an enforceable contract with the purchaser.

Introduction: Agreements between two parties for exchange of goods or services is called as a contract. The contracts can be either in written or verbal forms.

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Develop and implement a complex and scientific project for an organisation of your choice. please include report include the following: Introduction Background research to the project The 5 basic phases in the project management process Project Initiation Project Planning Project Execution Project Monitoring and Controlling Project Closing Conclusion

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Sam's Pet Hotel operates 51 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.00 per bag. The following information is available about these bags: > Demand 95 bags/week > Order cost $52.00/order > Annual holding cost = 25 percent of cost > Desired cycle-service level = 80 percent >Lead time 4 weeks (24 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 95 bags is incorrect and actual demand averages only 75 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)