Cannon sells 22mm lens for digital cameras. The manager considers using a continuous review policy to manage the inventory of this product and he is planning for the reorder point and the order quantity in 2021 taking the inventory cost into account. The annual demand for 2021 is forecasted as 520+10 the last digit of your student number and expected to be fairly stable during the year. Other relevant data is as follows: The standard deviation of the weekly demand is 9.
What is the economic order quantity, EOQ? d) What is the reorder point and safety stock?
Answers
The Economic Order Quantity (EOQ) can be determined by utilizing the formula given below:
EOQ = Sqrt(2DS/H)
Where:
D = annual demand
= 520+10
= 530S
= cost per order
= 100
H = carrying cost percentage per unit = 25%
C = 22 (Cost of Lens)Based on the data given:
Annual demand (D) = 530
Order cost (S) = $100
Carrying cost (H) = 25%
or 0.25
Cost of each lens (C) = $22
Thus, EOQ can be computed using the formula as:
EOQ = Sqrt(2DS/H)
= Sqrt[2*530*100/0.25*22]
= 183.8 ≈ 184 lenses.
Therefore, the optimal order quantity or EOQ should be 184 lenses.
The reorder point is the level of inventory at which the new order must be placed. In other words, when the inventory falls to the reorder point, a new order should be placed so that the stock level doesn't go below the minimum desired level. The reorder point can be computed by utilizing the formula given below:
Reorder point = D * L + SS
Where: L = lead time = 1 week Safety stock (SS) can be computed by utilizing the formula given below:
SS = ZσLt
Where:Z = Z value from standard normal distribution = 1.64 (at 95% service level and for one standard deviation)Lt = lead time
= 1 weekσ = standard deviation of demand during lead time (L)
= 9Based on the data given:
Annual demand (D) = 530
Lead time (L) = 1 week
Standard deviation of demand during lead time (σ) = 9Z = 1.64 (at 95% service level and for one standard deviation)
Thus, Reorder point = D * L + SS= 530 * 1 + 1.64 * 9
= 545.96 ≈ 546 lenses
Therefore, the reorder point is 546 lenses. The safety stock can be computed using the formula:
SS = ZσLt= 1.64 * 9
= 14.76 ≈ 15 lenses. Therefore, the safety stock is 15 lenses.
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Related Questions
lumpkin company purchased $28,000 of 7% bonds at par. the bonds mature in ten years and are classified as a held-to-maturity security. the amount of interest that lumpkin company will receive on the first semiannual interest payment is:
Answers
To calculate the amount of interest that Lumpkin Company will receive on the first semiannual interest payment, we need to consider the details provided.
The company purchased $28,000 of 7% bonds at par, which means they acquired bonds with a face value of $28,000. Since the bonds have a 7% coupon rate, this means that the annual interest payment will be 7% of the face value, which is $28,000.
To determine the semiannual interest payment, we divide the annual interest payment by 2, as there are two semiannual interest payments in a year. Therefore, the amount of interest that Lumpkin Company will receive on the first semiannual interest payment is:
$28,000 x 7% / 2 = $980
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Lumpkin Company will receive $980 as the first semiannual interest payment on the $28,000 of 7% bonds that they purchased at par.
The Lumpkin Company purchased $28,000 of 7% bonds at par. Since the bonds are classified as held-to-maturity securities, the company intends to hold them until they mature. The bonds have a maturity period of ten years.
To calculate the amount of interest that Lumpkin Company will receive on the first semiannual interest payment, we need to follow these steps:
1. Determine the annual interest payment: The annual interest payment can be calculated by multiplying the face value of the bond ($28,000) by the annual coupon rate (7% or 0.07). So, the annual interest payment is
$28,000 x 0.07 = $1,960.
2. Divide the annual interest payment by 2: Since the bonds pay interest semiannually, we need to divide the annual interest payment by 2. So, $1,960 / 2 = $980.
Therefore, Lumpkin Company will receive $980 as the first semiannual interest payment on the bonds.
It's important to note that this calculation assumes that the bonds were purchased at par, meaning they were bought at their face value. If the bonds were purchased at a discount or premium, the interest payment calculation would be adjusted accordingly. Additionally, this calculation assumes that the interest payments are made at the end of each semiannual period.
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how much would you cost to have a good night
Answers
Answer:
as much as i need
Explanation:
.Over the business cycle, factors such as the quantity of capital, human capital and technology
A) grow but do not fluctuate as much as the quantity of labor employed.
B) change drastically, fluctuating more than the quantity of labor employed. C) fluctuate about the same amount as the quantity of labor employed.
D) do not grow and are therefore not the source of economic growth. E) change randomly, sometimes growing, sometimes falling.
Answers
Over the business cycle, factors such as the quantity of capital, human capital, and technology (A) grow but do not fluctuate as much as the quantity of labor employed. The correct option is A.
During the different phases of the business cycle, the quantity of capital, human capital, and technology tend to experience steady growth. However, these factors generally do not fluctuate as significantly as the quantity of labor employed. The labor market is often more volatile, with changes in employment levels happening more frequently due to shifts in demand, production, and economic conditions.
On the other hand, the quantity of capital, human capital, and technology may experience more gradual changes, as they are influenced by long-term investments and innovations. These factors contribute to economic growth, but their impact is more stable and less prone to sudden fluctuations in comparison to labor employment levels.
In conclusion, while the quantity of capital, human capital, and technology are essential components of economic growth, their fluctuations are generally less pronounced than those of the quantity of labor employed over the business cycle.
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Consider a simple economy that produces two goods: cupcakes and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Use the information from the preceding table to fill in the following table.
Answers
Answer:
Nominal GDP
= (Price of cupcakes in year * quantity of cupcakes in year) + (Price of oranges in year * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (4 * 135) + ( 3 * 210)
= $1,170
2020
= (2 * 125) + (3 * 165)
= $745
Real GDP using 2018 as base year:
= (Price of cupcakes in 2018 * quantity of cupcakes in year) + (Price of oranges in 2018 * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (2 * 135) + (3 * 210)
= $900
2020
= (2 * 125) + (3 * 165)
= $745
GDP Deflator
= Nominal GDP in year / Real GDP in year * 100
2018
= 715/715 * 100
= 100
2019
= 1,170 / 900
= 130
2020
= 745/745 * 100
= 100
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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able appliances needs to convert the pounds it earns from selling products in great britain to dollars. what mechanism allows the company to make this conversion? multiple choice question.
Answers
The mechanism that allows Able Appliances to convert pounds earned from selling products in Great Britain to dollars is a foreign exchange market.
The foreign exchange market is a worldwide network of foreign currency trading. It is the mechanism by which banks, companies, and other organizations convert one currency into another. Forex, FX, or the currency market are some other names for the foreign exchange market.
Foreign exchange (forex) trading allows companies to buy and sell currencies, often for international trade purposes. It's important to note that the value of currencies fluctuates, which affects how much a currency is worth in relation to another currency.
A company may convert its profits in one currency into another currency, like dollars, through forex trading to minimize exchange rate risk. Forex trading can also be used by investors to speculate on exchange rate fluctuations in order to make a profit.
Therefore, Able Appliances converts pounds earned from selling products in Great Britain to dollars through the foreign exchange market.
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Complete Question:
Able appliances need to convert the pounds it earns from selling products in Great Britain to dollars. what mechanism allows the company to make this conversion?
define the term harmful activities
Answers
Harmful activities are what people all around the world participate in daily!
But these activities put their lives in jeopardy.
Why do people do it?
It gives an adrenaline rush to adrenaline junkies. “It’s fun” most would say.
Harmful activities are dangerous in a way that would give a bad effect towards someone and their overall health.
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Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answers
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
Health-Tech Materials is a firm that manufactures medical equipment purchased by hospitals and clinics. The firm employs over 2,500 workers in its two manufacturing facilities located in Texas and Arizona. Recently, Health-Tech dismissed a number of employees for ethics violations ranging from improper Internet usage to stealing company funds. In addition, the firm has been sued by two former employees for wrongful discharge. As a result, Health-Tech's top executives are evaluating the firm's hiring process, ethics training system, reward system, and disciplinary system to determine how to promote ethics and fair treatment.
Health-Tech's HR department has devised a brief ethics test for employees to use when determining if their actions match Health-Tech's code of conduct. Which of the following questions is LEAST likely to be included on the ethics test?
A) What Health-Tech employees will be affected by my actions?
B) Will my actions reflect negatively on the image of Health-Tech?
C) Would I perform this action if I worked for a Health-Tech competitor?
D) Is the action I am about to perform on behalf of Health-Tech a legal one?
Answers
Answer:
Correct Answer: The least likely question to be included in the ethic test is:
A) What Health-Tech employees will be affected by my actions?
Explanation:
This is because, it does not have a direct implication to the code of conduct expected by the Health-Tech's company when compared with others. For example, seeing a fraud going on in the company, it is expected that the staff should report to the appropriate management staff irrespective of whether the action would affect the staff's friend or not.
John Jones purchases products to show visible evidence of his ability to afford luxury goods, John is practicing ________. brand prominence conspicuous consumption brand positioning homogamy
Answers
John Jones purchases products to show visible evidence of his ability to afford luxury goods, John is practicing Conspicuous consumption brand prominence conspicuous consumption brand positioning homogamy
John Jones is practicing conspicuous consumption by purchasing luxury goods to show visible evidence of his ability to afford them. Conspicuous consumption refers to the act of buying and displaying expensive or luxurious goods or services in order to demonstrate one's wealth or social status.
This behavior is often associated with individuals who seek to signal their wealth and status to others, rather than simply enjoying the benefits of the product itself.
Conspicuous consumption is closely related to brand prominence, which refers to the level of visibility and recognition a brand has in the marketplace. By purchasing luxury goods, John is not only demonstrating his ability to afford these items, but he is also highlighting the prestige associated with the brand.
Brand positioning also plays a role in John's behavior, as luxury brands often position themselves as exclusive and desirable. By purchasing these goods, John is aligning himself with the brand's image and reinforcing his own perceived status.
Finally, homogamy may also be a factor in John's behavior, as individuals often seek out partners who share similar values and lifestyles.
By displaying his wealth through conspicuous consumption, John may be signaling to potential partners that he is a desirable match for those who also value material possessions and luxury goods.
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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answers
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answers
Answer:b
Explanation:
Identify the four different project evaluations or reviews process. Discuss proper case/example that are suitable to evaluate the project's framework. You need to discuss this point at least by 200 words. Give appropriate reference and citation for your answer (18 Marks) Detail discussion on project evaluation process
Answers
Project evaluations, including formative, summative, impact, and process evaluations, play a crucial role in assessing project effectiveness. In the context of a solar panel installation project, these evaluations help ensure feasibility, measure outcomes, assess long-term effects, and monitor implementation processes. They provide valuable insights for improvement and future project planning.
Project evaluations or reviews are crucial processes to assess the effectiveness, efficiency, and success of a project.
There are four different evaluation or review processes commonly used:
Formative Evaluation: This evaluation process is conducted during the development and implementation phases of a project. It focuses on providing feedback and suggestions for improving the project's framework, design, and execution. For example, in a software development project, formative evaluation can involve continuous testing and feedback sessions to identify and address any functional or usability issues before the final product release.
Summative Evaluation: This evaluation process is conducted after the project's completion to assess its overall outcomes and impact. It involves measuring the achievement of project goals and objectives, analyzing the effectiveness of project strategies, and evaluating the project's impact on stakeholders and the target population. For instance, a summative evaluation of a healthcare project could involve assessing the project's impact on improving health outcomes and access to healthcare services in a specific community.
Impact Evaluation: This evaluation process focuses on determining the long-term effects and sustainability of a project. It involves measuring the lasting changes and impacts resulting from the project's interventions. An example could be an impact evaluation of an education project that examines the long-term educational attainment and employment rates of participants several years after the project's completion.
Process Evaluation: This evaluation process focuses on assessing the implementation process and the effectiveness of project management and operations. It involves examining project activities, resource allocation, timelines, and stakeholder engagement. For example, a process evaluation of a construction project would involve assessing the adherence to safety standards, timely completion of project phases, and efficient utilization of resources.
Proper case examples for evaluating a project's framework can vary depending on the specific project context. However, for illustration purposes, consider a case of a renewable energy project aiming to install solar panels in a community:
Formative Evaluation: During the project development phase, conducting a formative evaluation can involve assessing the feasibility of solar panel installation in terms of technical requirements, cost-effectiveness, and community acceptance. Feedback from experts and community members can inform adjustments in the project's design and implementation plan.
Summative Evaluation: After the project's completion, a summative evaluation can assess the achievement of objectives, such as the percentage of households adopting solar energy and the reduction in carbon emissions. Surveys, interviews, and data analysis can provide insights into the project's overall success and its impact on energy consumption and environmental sustainability.
Impact Evaluation: Several years after the project's implementation, an impact evaluation can examine the long-term effects of solar panel installation on the community's energy consumption patterns, energy cost savings, and environmental benefits. Longitudinal data analysis and comparison with control groups can determine the sustained impact of the project.
Process Evaluation: Throughout the project's lifespan, a process evaluation can monitor the installation process, resource allocation, stakeholder engagement, and project management. Regular assessments can identify any operational inefficiencies or challenges, allowing for corrective actions to be taken.
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Marketing Vs. Medicine: A century of recycling and repurposing pharmaceutical interventions and the resultant lack of substantive and novel research in clinical psychopharmacology
Answers
The recycling and repurposing of pharmaceutical interventions in clinical psychopharmacology have hindered substantive and novel research.
Over the past century, there has been a tendency to recycle and repurpose pharmaceutical interventions in the field of clinical psychopharmacology. This refers to the practice of utilizing existing drugs for new indications or repackaging them with slight modifications. While this approach can provide some benefits, such as cost savings and expedited drug development, it has also resulted in a lack of substantive and novel research in the field.
One of the main reasons for this lack of innovation is the strong reliance on existing drugs and their modifications. Pharmaceutical companies often prefer to invest in the development of variations of already approved drugs rather than exploring entirely new chemical entities. This is driven by various factors, including financial considerations, regulatory hurdles, and the risks associated with developing entirely novel compounds.
As a consequence, the field of clinical psychopharmacology has seen a limited number of truly groundbreaking and transformative drug discoveries. Instead, the focus has been on incremental improvements or finding new applications for existing drugs. While this approach can be beneficial in certain cases, it may limit the exploration of novel treatment options and innovative therapeutic mechanisms.
To address this issue and promote substantive and novel research, it is crucial to incentivize and support exploratory research that aims to discover entirely new compounds and mechanisms of action. This requires a shift in the mindset of pharmaceutical companies, regulatory agencies, and funding bodies towards encouraging innovative research and embracing the risks associated with drug discovery. By fostering an environment that promotes creativity and exploration, researchers in clinical psychopharmacology can potentially uncover new breakthroughs and advance the field to better address the complex challenges of mental health.
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who is the president in Italy
Answers
Answer:
Sergio Mattarella
Explanation:
Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.
Answer:
Sergio Mattarella
Explanation:
Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.
Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answers
Answer:
131usd is the aswer
Explanation:
87*3=131usd
Suppose the government wanted to regulate this market using a price-based instrument. What is the efficient level of a tax on emissions?
Answers
Answer:
Tax = Marginal External Damage
Explanation:
When a negative externality distorts market outcome, we often see that a government intervention is needed. We must incorporate the negative externality into the private decision of the producer. That is to say that we add marginal damage caused by the externality to the marginal private cost of production. The social outcome will be at the point where marginal social cost (MSC) is equal to Marginal private benefit (MPB).
Thus, the efficient level of tax on emission is set equal to the marginal external damage.
Tax = t = MED
MSC = MPC + MED
= MPC + t
The best time to begin a self improvement plan is when ______.
a. You are going to be fired from your job
b. You have been reprimanded by your boss
c. You have disappointed your friends
d. You think you need to improve to meet a career goal
Answers
Answer:
D. when you think you need to improve to meet a career goal
Explanation:
Answer:
DDDDDDDDD
Explanation:
Search the library and the Internet for information pertaining to the ethical violation made by an organization, past or present, and be sure not to identify the organization. See if this incident has occurred in other organizations; give 2 examples and their outcomes. (OWN WORDS)
Can you think of any legitimate justification for the organization’s actions with 2 examples? Explain and justify your explanation. Take a position and argue or defend your position.(OWN WORDS)
Answers
Ethical discussions require careful evaluation of the specific circumstances, consideration of alternative actions, and adherence to ethical principles and frameworks.
Can you provide two examples of ethical violations in organizations, their outcomes, and two potential justifications for their actions?To research an ethical violation made by an organization, you can follow these steps:
Identify the type of ethical violation you are interested in (e.g., fraud, environmental misconduct, labor exploitation). Search reputable news sources, academic databases, and organizational ethics reports for case studies or incidents related to the violation. Analyze the identified incidents and gather information about their outcomes, including legal consequences, financial penalties, reputational damage, and organizational changes implemented as a result.Regarding potential justifications for an organization's actions, it is essential to note that ethical justifications can vary depending on the specific circumstances and ethical frameworks employed. However, it is important to approach justifications critically and consider both sides of the argument.
Here are two examples of potential justifications, though they should be evaluated in context:
Cost-Benefit Analysis: An organization may argue that their actions, though ethically questionable, were necessary to achieve a greater good or to prevent substantial financial losses. For instance, a pharmaceutical company might justify increasing the price of a life-saving drug to fund research for future treatments.
Competitive Pressures: In some cases, organizations may argue that they engaged in unethical behavior due to intense market competition or industry norms.
They may claim that their actions were necessary to survive or stay competitive. For example, an automotive company could justify deceptive advertising practices by pointing to similar tactics employed by competitors.
It is important to note that these justifications may be subject to debate, as ethical considerations often involve complex and nuanced analyses.
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4-Strategy should focus PRIMARILY on the organization's: a. shareholders b. customers c. products d. employees
Answers
Answer:
b. customers
Explanation:
The organizational strategy can be understood as a plan that aims to develop action plans so that a company can achieve its objectives and goals, so it is correct to state that the strategy should focus primarily on the organization's customers.
A company exists to satisfy the desires and needs of potential customers, so that is the substantial reason for its existence and where its focus must be, of course, a strategy must understand the organizational whole, its internal and external environment including shareholders, products and employees, but the focus on the customer must be a priority, so that the company has acceptance, value and market positioning.
If you identify how much you would like your sales to grow (either percentage of dollar amount) over a given period of time; you have created a marketing goal tied to:
A- Increasing the brand awareness of your product.
B- Identifying new markets.
C- Increasing the sales of your product.
D- Identifying repeat customers.
Answers
If one had identify how much you would like your sales to grow over a given period of time; then you have created a marketing goal tied to identifying new markets to expand the goals.
What is known as marketing?Basically, a marketing generally refers those activities a company undertakes to promote the buying or selling of a product or service. It include the use of strategy as advertising, selling and delivering products to consumers or other businesses but some marketing are done by affiliates on behalf of a company.
Despite that there are various types of marketing objectives or goals, the most common types of marketing goals are profitability objective, market share objective, promotional objective and growth objective.
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URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answers
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answers
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
true or false: regardless of family income, the fafsa should be completed in order to apply for federal student aid.
Answers
The given statement "regardless of family income, the fafsa should be completed in order to apply for federal student aid." is True because fafsa need to be completed however to apply for student aid.
Regardless of family income, completing the Free Application for Federal Student Aid (FAFSA) is necessary to apply for most types of federal student aid. The FAFSA is used to determine a student's eligibility for grants, loans, and work-study programs offered by the federal government to help pay for college or career school.
The FAFSA is used by the federal government, states, and colleges to determine a student's Expected Family Contribution (EFC), which is the amount of money the student and their family are expected to contribute towards their education.
Even if a student's family income is high, they may still be eligible for some types of aid, such as unsubsidized loans. Additionally, some colleges use the FAFSA to determine eligibility for their own institutional aid programs.
Completing the FAFSA is a crucial step in the financial aid process and should be done as soon as possible after October 1st of each year. Students should also be aware of any state-specific deadlines for submitting the FAFSA, as well as any additional forms or documentation required by their college or university.
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7. Jannah is reviewing a report that a new marketing manager put together after assessing her small business. If Jannah wants to learn how familiar a custo
what section of the marketing report should she review?
Answers
To learn how familiar a customer is to the company, Jannah must look at the leads section of the marketing report.
What is a marketing report?It consists of a document through which an organization can visualize its performance over a period of time, through the analysis of data and information about the company's actions and strategies to achieve objectives and goals in the market.
Through qualitative and quantitative reports related to communication and sales, for example, the company is able to make more significant decisions about its strategy, with evaluations and corrections that will contribute to continuous improvement and positioning in the market.
So leads could be the section that Jannah would review to identify a potential customer, as this data significantly demonstrates an individual who engages with the company's business and can be turned into a customer.
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One of the LEAST effective supplier strategies for lean systems is:____________
A. smaller, more frequent stock shipments.
B. a short-term, competitive relationship between the company and the supplier.
C. use of local suppliers.
D. to include suppliers during the product design phase.
Answers
Option B is correct. One of the least effective supplier strategies for lean systems is short-term competition between the company and the supplier.
What is a lean supply system?Lean supply chain management consistently eliminates non-value-added time and consistently shortens lead times at all stages of the supply chain, from raw material production by suppliers to delivery of finished goods to end users.
What is ultimate goal of lean systems?The goal of all lean systems is to maximize customer profits. Lean thinking can greatly improve the productivity and functioning of teams and departments, but implementing Lean across an organization has the greatest impact on customers.
What does lean system do with suppliers?Lean systems typically require suppliers to be able to deliver large lots on a regular basis. Lean systems require suppliers who often deliver small batches. Lean buying requires frequent contract offers from multiple sources to ensure competitive pricing for buyers.
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Michelle Robinson is thinking about two different decisions. One decision is quite risky, while the other decision is more conservative. To help her make the right decision, she decides to calculate the:
a. quickratio. b. managementanalysis. c. moneyfactor. d. risk-return ratio. e. entrepreneurial ratio.
Answers
To be able to make the right decision between the risky and conservative decision, Michelle Robinson should take a d. risk-return ratio calculation.
What is the benefit of the risk - return ratio calculation?The risk - return ratio allows us to find out if we are getting enough returns from an investment, relative to the risk that we are incurring. In other words, the risk - return ratio would show us if we are being adequately compensated for the risk that we take when we decide that an investment is the best option for us.
The risk - return ratio is important because it allows us to compare investments that have different risks. This means that Michelle Robinson can adequately compare the two decisions which are risky and conservative based on which decision brings in more returns, relative to the investment.
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multiple choice question when a customer returns a product for a refund, in which account is the entry recorded? multiple choice question. sales return purchase return sales discount purchase discount
Answers
Gross sales less allowances, discounts, and returns equal net sales. While not including costs of items sold, they contribute to gross profit.
Is claiming 1 or 0 allowances preferable?
Line 5 should be blank if you want the maximum amount of tax deducted from your pay each pay period. Each pay period, less tax is deducted from your pay if you choose to claim 1 for yourself instead. If you are single and only have one job, claiming one allowance is often a good idea. When filing jointly with your spouse, you should only claim one allowance. You would additionally claim 1 allowance if you are filing as the head of the household. When tax season rolls around, you'll probably receive a refund.
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a note receivable due in 18 months is listed on the balance sheet under the caption
Answers
A note receivable due in year and a half is recorded on the monetary record under the subtitle "Ventures".
On the balance sheet, where do note receivables go?
If its life is less than one year, the notes receivable account is placed in the current assets section of the balance sheet. A note receivable, in particular, is a written promise to receive money in the future.
What is a balance sheet's notes receivable?
Notes receivable is a monetary record thing that mirrors the worth of the notes that the Organization is to get and for which it is to get installment. Promises to pay another party money by a certain date or earlier are called promissory notes.
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The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625
Answers
Answer:
$2,625
Explanation:
Interest is calculated using the formula
I = p x r x t
For Galindo family
I= interest,
P = principal amount : $10,000
r= Interest rate: 7.5 % or 0.075
t= times in years : 3.5 years( 42 months /12)
I= $10,000 x 0.075 x 3.5
I=750 x 3.5
I=$2,625