9. Consider the following conditions for an item used in the Hess Company's manu process On-hand inventory: Open orders (scheduled receipts): 100 units Backorders Reorder point: Quantity per order: 40 units 60 units 100 units 50 units Which of the following state replenishment? (Show your calculation for partial credit) A) No action is required, since a scheduled receipt is due to be delivered to B) To cover its backorders, Hess should order two lots of 50 units C) Because it is incurring backorders, Hess shou D) Hess should reorder point. ation regarding inventory Hess ld increase its reorder point. place an order for 50 units, since the inventory position is less than the 10. Which of the following is not a benefit of outsourcing? A) comparative labor costs B) lower logistics costs C) reduction of transaction costs through use of the Internet D) technology transfer to another country or company Part 3. Mathematical problems Problem 1 You currently make a part on old equipment at a cost of $50,000 per year and a variable cost of $20/unit. You have found an outside supplier who will make the part for $15/unit if you will pay their annual fixed costs of $200,000/year. The following table summarizes the details of this make versus buy decision. VARIABLE COST $15 per unit $20 per un FIXED COST ALTERNATIVE Bu Make 200,000 per year $50,000 per year What is the break even quantity between buying and making? What does the company save for the year by selecting the low-cost option at an annual requirement of 40,000 units? Problem 2 As an inventory manager, you must decide on the order quantity for an item. Its annual demand is 300 units. Ordering cost is $20 each time an order is placed, and the holding cost is 30 percent of the per-unit price. Your supplier provided the following price schedule. Price per Unit rder Quantity
Answers
The inventory position is greater than the reorder point of 100 units, Rounding up to the nearest whole number, the optimal order quantity is 50 units. The correct answer is A) No action is required, since a scheduled receipt is due to be delivered.
Technology transfer to another country or company is not a benefit of outsourcing. While outsourcing can provide benefits such as comparative labor costs, lower logistics costs, and reduction of transaction costs through the use of the Internet, technology transfer can be a potential risk for the outsourcing company.
Problem 1:
The break-even quantity can be calculated as follows:
Make:
Total cost = Fixed cost + Variable cost
Total cost = $50,000 + ($20/unit x Q)
Total cost = $50,000 + $20Q
Buy:
Total cost = Fixed cost + Variable cost
Total cost = $200,000 + ($15/unit x Q)
Total cost = $200,000 + $15Q
To find the break-even quantity, set the total cost of Make equal to the total cost of Buy:
$50,000 + $20Q = $200,000 + $15Q
$5Q = $150,000
Q = 30,000 units
Therefore, the break-even quantity between buying and making is 30,000 units.
The company saves $200,000 - $50,000 - ($15/unit x 40,000 units) = $100,000 per year by selecting the low-cost option at an annual requirement of 40,000 units.
Problem 2:
The optimal order quantity can be calculated using the economic order quantity (EOQ) formula:
EOQ = √[(2DS)/H]
Where:
D = annual demand = 300 units
S = ordering cost = $20
H = holding cost = 30% of per-unit price = 0.3($120) = $36
Substituting the values:
EOQ = √[(2 x 300 x 20)/36] = 49.14 units
Rounding up to the nearest whole number, the optimal order quantity is 50 units.
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Related Questions
Why is it important to conduct market research on your target audience before building your marketing plan
Answers
Drag each label to the correct location
PLEASE HELP
Answers
Answer:
put master budget for sources of cash and put cash budget for cost of finished goods
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other's marquees. Demand for gasoline in this market is Q= 80-12 and both franchises obtain gasoline from their supplier at $410 per gallon. On the day that both franchises opened for business, each owner was observed changing the price of gasoline advertised on its marquee more than 10 times: the owner of Hull lowered its price to slightly undercut Inverted V's price, and the owner of Inverted V lowered its advertised price to beat Hull's price. Since then, prices appear to have stabilized. Under current conditions, how many gallons of gasoline are sold in the market, and at what price? Instructions: Enter your responses rounded to the nearest two decimal places Gallons sold: Price: $
Answers
Answer:
I believe that the demand equation is incomplete, since there is no price (P).
If we just solve this equation like it is, the quantity demanded = 80 - 12 = 68 gallons
if we add the price into the equation:
Q = 80 - 12P
since this is a competitive market, in order to maximize profits, marginal revenue = marginal cost = $4.10 per gallon (not $410).
That means that both companies will sell gasoline at $4.10 per gallon
equilibrium quantity = 80 - (12 x 4.10) = 30.8 gallons of gasoline
On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answers
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
The incomes in a certain large population of retail managers have a normal distribution with mean $75,000 and standard deviation $10,000.
If four managers are selected at random from this population:
What are the mean and standard deviation of this sampling distribution?
( ____ and ____ )
Answers
The mean of the sampling distribution of the mean incomes of the four selected managers is still $75,000, as it is the same as the population mean. The standard deviation is $5,000.
The standard deviation of the sampling distribution is the standard deviation of the population divided by the square root of the sample size. Therefore, the standard deviation of the sampling distribution is $10,000 / sqrt(4) = $5,000.
Mean of sampling distribution: $75,000
Standard deviation of sampling distribution: $5,000
The mean and standard deviation of the sampling distribution for the incomes of four randomly selected retail managers from this population are:
Mean = μ (population mean) = $75,000
Standard deviation = σ / sqrt(n) = $10,000 / sqrt(4) = $10,000 / 2 = $5,000
Your answer: ($75,000 and $5,000)
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one joint of marijuana impairs a person more than having a blood alcohol content of _____ %.
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hope this helps
One joint of marijuana impairs a person more than having a blood alcohol content of 0.1%.
What do you mean by blood alcohol content?A blood alcohol content (BAC) of 0.1% indicates that your blood contains 0.1% alcohol by volume. BAC is a measure of alcohol in the blood as a percentage. More harm can be done by one joint of marijuana than by 0.1% of alcohol.
Marijuana is a drug made from the marijuana plant. It can be used as a recreational drug and is a component of many medicines. It can speed up heartbeat, induce anxiety, and result in hallucinations.
Joint is a rolled cannabis cigarette
The most passionate debates over medicinal marijuana center not on its efficacy in treating patients' illnesses but rather on its potential for harm to both individuals and society as a whole.
This chapter first looks at the scientific evidence that users of marijuana suffer both bodily and psychological harm. Then it takes into account any possible social repercussions of approving marijuana use for medical purposes.
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A compound is 80.0% carbon and 20.0% hydrogen by mass. Assume you have a 100.-g sample of this compound. Part A How many grams of each element are in this sample?
Answers
In the given 100 g sample of the compound, there are 80.0 grams of carbon and 20.0 grams of hydrogen. Following is the calculation:
To determine the mass of each element in the compound, we can calculate the mass based on the given percentages.
Given:
Mass of the sample = 100 g
Percentage of carbon = 80.0%
Percentage of hydrogen = 20.0%
Part A: Calculate the grams of each element in the sample.
Mass of carbon = (Percentage of carbon / 100) * Mass of the sample
= (80.0 / 100) * 100 g
= 80.0 g
Mass of hydrogen = (Percentage of hydrogen / 100) * Mass of the sample
= (20.0 / 100) * 100 g
= 20.0 g
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on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________
a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.
Answers
Explanation:
Choice "d" is correct. A change in the method of depreciation is now considered to be both a change in method and a change in estimate. These changes should be accounted for as changes in estimate and handled prospectively. The new depreciation method should be used as of the beginning of the year of change and should start with the current book value of the underlying asset. No retroactive or retrospective calculations should be made, and no adjustment should be made to retained earnings.
And, certainly, the cumulative effect should not be reflected on the income statement any more. Choices "a", "b", and "c" are incorrect, per the above Explanation: .
who was in paris????
Answers
Answer: i wish i was in paris
Explanation:
Answer:
Ernest hemlingway
Explanation:
he was a Paris writer in 1899-1961
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work
Answers
The probability weighted average of the interest rate future values at the end of each of the three periods is used to determine this, and the future values are then discounted back to the present using the interest rate.
The tree is built using the current stock price and a simulation of the up and down movements over the course of the three periods using the provided probability and percentage changes.
Each end node's option value is determined before being processed back up the tree to the starting node. The starting node's computation serves as the end option value.
The stock's annual payout range is $27 - $17 = $10.
If the stock price is $27 when the option expires, its value will be =$27-$22 =$5.
If the stock price is $17, the option will also have no value.
The stock option has a payment range of $5 and $0;0 = $5.
To determine the amount of stock shares, balance the range:
$5/10 = 0.5 Option range/Stock range
The stock option payoff for 0.5 shares will be either $13.5 or $8.5. The payout for the portfolio and options will be $13.5- $5, which equals $8.5, or $8.5 $0; 0 = $8.5.
PV = $8.5/ (1+) is the present value of $8.5 at the daily compounding risk-free rate.
Complete question:
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work?
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A/an ____ appraisal is conducted as part of the day-to-day working relationship between a manager and an employee.spontaneousinformal
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An informal appraisal is conducted as part of the day-to-day working relationship between a manager and an employee. This type of appraisal is typically less structured and less formal than a traditional appraisal. The purpose of an informal appraisal is to provide feedback to the employee on their performance, highlight areas where they are excelling, and identify areas where they may need improvement.
In an informal appraisal, the manager may provide feedback on the employee's performance during regular meetings or check-ins. This could include discussing specific projects or tasks that the employee has worked on and providing feedback on their performance. The manager may also ask for the employee's input and feedback on their own performance, and work together to identify areas where improvements could be made.
Informal appraisals are a valuable tool for managers to provide ongoing feedback and support to their employees. They help to create a culture of open communication and collaboration, where employees feel valued and supported. However, it is important to note that informal appraisals should not replace formal performance reviews. Formal appraisals provide a more structured and comprehensive evaluation of an employee's performance, and should be conducted at least once a year.
In conclusion, an informal appraisal is an important part of the day-to-day working relationship between a manager and an employee. It provides an opportunity for ongoing feedback and support, and helps to create a culture of open communication and collaboration. However, it should be used in conjunction with formal appraisals to provide a comprehensive evaluation of an employee's performance.
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The goal of an economist who formulates new theories is to?
Answers
An economist's purpose in developing new theories is to better understand and explain economic phenomena, make predictions about future economic events and trends.
and give direction for policymaking and decision making in a variety of domains such as firms, governments, and households. Economists seek to advance our understanding of the economy and how it works by developing new theories and models. These theories aid in explaining the market behavior of individuals, businesses, and governments, as well as how they interact with one another. Economists can help guide decision-making and policy development in areas such as business strategy, government spending and taxation, and household budgeting by making predictions about future economic events and trends. The purpose of developing new theories is to ultimately increase our understanding.
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for purposes of international capital budgeting, which of the following statements is not true? an array of nonfinancial payments can generate cash flows from subsidiaries to the parent, including payment of license fees and payments for imports from the parent. managers must evaluate political risk because political events can drastically reduce the value or availability of expected cash flows. parent cash flows must be distinguished from project cash flows. each of these two types of flows contributes to a different view of value. all of the above are true statements.
Answers
All of the statements are true, thus none of them is not true. All of the given statements are true and relevant to the process of international capital budgeting.
International capital budgeting involves evaluating potential investments in foreign countries and requires managers to consider various factors such as political risk, currency exchange rates, and potential cash flows. In this context, it is essential to distinguish between parent cash flows and project cash flows as they contribute to different views of value. Additionally, non-financial payments from subsidiaries to the parent, such as license fees or import payments, can generate cash flows that must be considered in capital budgeting decisions. Finally, managers must evaluate political risk as it can significantly impact the value and availability of expected cash flows. Therefore, all of the given statements are true and relevant to the process of international capital budgeting.
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Corrective taxes differ from most taxes in that corrective taxes.
a. True
b. False
Answers
True. Corrective taxes differ from most taxes in that corrective taxes do not cause deadweight losses.
Correction tax (also known as Pigouvian tax) is the name given to taxes imposed on goods/services due to negative externalities associated with production and/or consumption. The idea is that market prices and production levels better reflect the real costs to society.
Corrective taxation must make it clear that third parties are adversely affected, which is the justification for taxation. In contrast, Pigou subsidies reward producers/consumers for promoting production and consumption. The economic rationale is best explained with a diagram.
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You are applying to a job after reading the listing on a job board website. The
listing requests that applicants email a copy of their resume to the company's
recruiter. What's the best way to send your resume?
Answers
Answer:
via e mail
the reason for this the company is requiring applicants email and a copy of their resume
Which phrase typifies the financial advice offered to young people to begin building wealth?
a
“Borrow money when you are young.”
b
“Start saving early!”
c
“Don’t stop dreaming!”
d
“Consider your home as an investment.”
Answers
Option (b) “Start saving early!” is typifies the financial advice offered to young people to begin building wealth.
The phrase that typifies the financial advice offered to young people to begin building wealth is "Start saving early!"Young people should start saving early if they want to build wealth over time.
The earlier they begin, the more time their money has to grow. Financial advisers also typically recommend that young people contribute to retirement accounts such as 401(k)s or IRAs as soon as possible to take advantage of compounding interest.
This can help them accumulate wealth over time by earning interest on their contributions.
In summary, "Start saving early!" is the financial advice that is most often given to young people who are seeking to begin building wealth.
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Which of the following is a significant risk for Canadian businesses doing business in the US? Question 3 options: A) The losing party has limited rights to appeal in the US compared to Canad
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A significant risk for Canadian businesses doing business in the US is the limited rights to appeal for the losing party in legal disputes compared to Canada.
A significant risk for Canadian businesses doing business in the US is that the losing party in a legal dispute has limited rights to appeal compared to Canada.
When a party loses a legal case in the US, they have limited options for appealing the decision. In Canada, however, the losing party generally has more rights to appeal and seek a review of the decision. This can be a concern for Canadian businesses operating in the US, as it may limit their ability to challenge unfavorable rulings or seek further recourse.
For example, let's say a Canadian business is involved in a contract dispute in the US and loses the case. If they believe there was an error in the ruling or an unfair outcome, they may have fewer options to appeal compared to if the same dispute had occurred in Canada.
This risk highlights the importance for Canadian businesses to carefully assess the legal landscape and understand the potential limitations they may face when doing business in the US. It may be beneficial for them to seek legal advice or consider alternative dispute resolution methods to mitigate this risk.
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What should be included in your retirement plan?
A the amount of social security you expect to earn
B the amount of money you have in other accounts
C pension amounts from your former employers D all of the above
Answers
Answer:
A
Explanation:
because when you have social security then you are able to secure your money or pension
Answer:
A
Explanation:
because when security are around your money will safe
Alejandro Yago leased a Jeep for $209.00 per month for 60 months.He paid a deposit of $850.00, a title fee of $45.00, and a license fee of $60.00. The lease carried a stipulation charging $0.12 per mile for all miles over 60,000. Alejandro drove the Jeep 73,524 miles. What is the total cost of leasing the vehicle?
Answers
Answer:
$14,267.88
Explanation:
The total cost of hiring the Jeep will consist of
1). Monthly costs of leasing: $209 x 60 = $12,540
2). Title fee =$45.00
3). License fee =$60.00
4). Stipulation charging : ( 73,524 - 60,000) x $0.12
=$13,524 x $0.12
=$1,622.88
Total cost =$12,540 +$45.00 +$60.00 +$1,622.88
Total cost = $14,267.88
Banks use your deposits to make loans to other individuals. true or false
Answers
Answer:
true
Explanation:
.................... mark my answer brainliest if it is right
Acquiring new customers is inexpensive.
True
False
Answers
False.
One of the core challenges for a small business is customer acquisition. You need new customers to stay in business and keep growing, but it can take resources and be expensive. In just the last five years, the cost to acquire customers has gone up 50%.
If possible please give brainliest! :D_____ is a form of licensing in which a firm contracts with another firm to operate a business under an established name according to a specific set of rules.
Answers
A franchise (or franchising) s a form of licensing in which a firm contracts with another firm to operate a business under an established name according to a specific set of rules.
what is a franchise?A franchise (or franchising) is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system. The term "franchise" technically refers to the agreement that binds the two parties, but it is more frequently used to describe the business that the franchisee runs. The process of developing and disseminating a brand and franchise network is known as franchising.Franchise connections can be of two different forms. Commercial Format The most recognizable type is franchising. In a business format franchise, the franchisor not only offers its trade name, goods, and services to the franchisee, but also a full system for running the business.Hence,A franchise (or franchising) s a form of licensing in which a firm contracts with another firm to operate a business under an established name according to a specific set of rules.
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a variable that predicts what will happen with the sales of another product is referred to as that product's:
Answers
Leading Indicator is a variable that predicts what's going to occur with the income of some other product is known as that product's.
What is a main indicator?
A piece of records or a collection of statistics associated with the financial system which could are expecting destiny motion or alternate within side the financial system is called a main indicator. Future occasions and developments in business, markets, and the financial system may be expected and projected with the usage of financial main indicators. An instance of a main protection indicator could be the percentage of people carrying tough helmets on production sites. A main indication is a expected measurement. A lagging protection indicator is probably the wide variety of injuries on a production site, that's an output measurement. Items like newly generated accounts, leads or possibilities, and received possibilities are examples of main indicators.
Won possibilities, misplaced possibilities, received quantities, and misplaced quantities are examples of lagging indicators.
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an example of fixed expenses are: multiple choice A. gift expenditures. B. medical expenses. C. utilities costs. D. recreation expenses. E. home rental payments.
Answers
Based on the multiple-choice options provided, the answer is Option C. Utilities costs is Correct.
Utilities costs are expenses that are incurred regularly to maintain certain essential services in a home or business. Examples of utilities costs include electricity, gas, water, internet, and phone services. These costs are fixed, meaning that they are the same amount every month and cannot be changed based on usage or other factors.
Utilities costs are considered fixed expenses because they are necessary for the basic functioning of a home or business and must be paid regardless of other expenses or income. They are often a significant portion of a household or business budget and must be planned for and managed carefully to ensure that other expenses can be met.
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What is the organizational structure for an supermarket?
Answers
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
interview any business owner on impact of crime
Answers
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
Given the following information, find break-even point in Number of Customers: average sales price per unit, $17.24; fixed costs, $215,035.70; variable cost per unit, $6.96. Show the full calculation, not just the final answer. Round all calculations to hundredth of decimal unless they naturally round up to tenth of decimal or a whole number, but round the final result to a whole number.
Answers
The break-even point in number of customers required to ensure that the total costs equal the total revenue is 20,917.87.
What is the break-even point?The break-even point is the sales level (in units or dollars) that ensure that the total revenue equals the total costs (fixed and variable).
The break-even point can be computed by dividing the fixed costs by the contribution margin per unit or ratio.
Average sales price per unit = $17.24
Variable cost per unit = $6.96
Contribution margin per unit = $10.28 ($17.24 - $6.96)
Fixed costs = $215,035.70
The Break-even point (Number of customers) = Fixed Costs ÷ Contribution margin per unit
= 20,917.87 ($215,035.70 ÷ $10.28)
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Taxes represent __________ of the business. Multiple Choice an equity liability a cash inflow a cash outflow an accounts receivable liability
Answers
The taxes that are being paid by a business firm represents: C. a cash outflow.
Taxation can be defined as the involuntary and compulsory fees that are usually levied on individuals or business firms (entities) by the government, so as to generate revenues which are used in funding public institutions and activities.
Basically, these taxes that are being paid by individuals or business firms (entities) is considered as a cash outflow because it represents money that are flowing out of their accounts.
In conclusion, an amount of money that is flowing out of an account such as taxes is referred to as a cash outflow.
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A process for making financial decisions is called _____.
Answers
Answer:
ouybouybo
Explanation:
Suppose you are working within the framework of the conceptual model on the back. Write the business rules that are reflected in it.Identify all of the cardinalities.
Answers
Business rules refer to the guidelines and policies that govern the operations and decisions of a business.
These rules can range from compliance regulations to customer service standards, and they provide a framework for maintaining consistency and accountability across different departments and functions.
Cardinalities, on the other hand, refer to the relationships between different entities or objects in a conceptual model. In database design, cardinalities indicate the number of occurrences of one entity that can be associated with another entity.
For example, a customer can place multiple orders, but each order can only be placed by one customer.
In order to write the business rules that are reflected in a conceptual model, you would need to identify the key entities and their relationships, as well as any constraints or requirements that apply to them.
For instance, if you were designing a customer relationship management system, you might have entities such as customers, orders, products, and sales reps, with cardinalities that dictate how they interact with each other.
Some possible business rules that might be reflected in this conceptual model could include:
Customers must provide accurate contact information in order to receive order updates and promotions.
Orders must be placed by an authorized customer or sales rep.
Sales reps are responsible for maintaining accurate product information and pricing.
Products must meet quality standards and be delivered on time.
The cardinalities in this example might include:
One customer can place multiple orders.
One order can include multiple products.
One sales rep can handle multiple customers.
One product can be ordered by multiple customers.
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