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Last quarter Newton computers produced 3,000 computers. Two thousand of these computers were sold to households, 750 were sold to businesses, and 250 were added to Newton's inventory. How many of the computers should have been included in last quarter's GDP?
Service Level
A measure of the quality of service provided, often defined by the percentage of customer demands met within a certain time period.
Firm
A business enterprise or establishment, often involved in the production and sale of goods or services.
Re-Order Point
A predetermined inventory level at which new stock should be ordered to replenish supplies before reaching a critically low or stock-out situation.
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