4. What is the total lost profit or cash flow from an 85% on-time delivery rate? 5. What is the total lost profit or cash flow from a 95% on-time delivery rate? 6. What is the percentage reduction in total lost profit or cash flow from this 10% increase in on-time delivery?
Q: At XYZ Bank, all operational decisions regarding promotional measures, interest rates, benefits, and…
A: Operational decision Operational decisions are all the decisions made to manage the day-to-day…
Q: If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately…
A:
Q: Food is perishable and usually can't be inventoried long. So, which one is correct for the food…
A: Perishable is used to describe an item, usually food, that typically spoils within a relatively…
Q: From operational perspective, yield management is most effective when: > Inventory is perishable >…
A: Yield Management is a pricing strategy used by enterprises in the aviation, hotel, and other…
Q: What is Baker's percentage of assets committed to inventory?
A: Given data Net revenue = $27,500 Cost of sales = $22,040 Inventory = $1290 Total assets = $16960
Q: In a standard ABC analysis, 50 to 60 percent of the number of items in inventory but only about 10…
A: ABC analysis is an inventory control technique which helps in categorising the inventory into three…
Q: 1. How does management science help a business achieve the ideal situation? 2. Briefly discuss the…
A: 1. Management science can be broadly defined as the the usage of various scientific methods and…
Q: 1. What is the optimal order quantity? 80 units 800 units 40 units 400 units 2. How many orders…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: Kelley, Inc. provided the following account balances for 2018: Cost of Goods Sold (Cost of sales)…
A: Given- Cost of sales = $1,300,000Beginning Inventory = 330,000Ending Inventory = 350,000
Q: How is inventory turnover calculated, and what information does it provide for the owner-manager
A: Inventory turnover is one of the important ways to calculate the turnover ratio of the inventory and…
Q: How do you evaluate the criticality of an inventory shortage as a store manager?
A: Inventory management is critical to the success of any business.
Q: You manufacture kitchen appliances and worry about the cost ofa shut down due to a shortage of…
A:
Q: What is the total annual cost?
A: Total demand per week in numbers = 800 Cost for each pair = $54 Expense to place an order, per pair…
Q: Why might it be inappropriate to use inventory turnover ratios to compare inventory performanceof…
A: Inventory turnover ratio is the measure of the number of times an inventory is sold and replenished…
Q: Dabble, Inc. has sales of $980,000 and cost of goods sold of $640,000. The firm had an average…
A: Given that Sales = 980000 COGS=640000 Average inventory= 46000 Number of days in a year= 365
Q: Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total $ 365,000 219,000…
A: Given Information:
Q: How is multi-echelon-inventory analysis a significant challenge?
A: Inventory systems are managed as a collective of several inventories using multi-echelon inventory…
Q: Which one of the following options bring money to the company?
A: ANSWER IS AS BELOW:
Q: You work in a small bookshop which specializes in selling business books to businesses and…
A: 1) The strategic plan will provide a future roadmap to the businesses on the basis of which they can…
Q: Briefly discuss the advantages and disadvantages of each of these planning strategies:a. Maintain a…
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: Kaku ensure prop
A: Worldwide, there are more than 700 Kaku-Gyu restaurants, and in 2001 the United States established…
Q: h. What is the total amount of actual manufacturing overhead cost incurred during the year? (Show…
A: Thankyou for asking the question. Since you have posted a question with multiple sub-parts, we will…
Q: As a purchasing manager of a big retailer that operates a chain of grocery stores, discuss four ways…
A: The supply chain can be elaborated as the series of entities that form the mechanism of input supply…
Q: in details, explain SAOG and SAOC firms
A: SAOG stands for Societe Anonyme Omanaise Generale and SAOC stands for Societe Anonyme Omanaise…
Q: A restaurant has annual sales of $420,000, an average inventory of $6000, and an annualcost of goods…
A: Inventory management is a process of storing, utilizing, and keeping a check on the inventory levels…
Q: after inventory you found out that there are 10 green shirts, 5 white shirts, and 3 red shirts sold…
A: In the given question, 10 green shirts, 5 white shirts and 3 red shirts are currently in the stock.…
Q: Conduct the ABC analysis for a convenience store, using the following percentages A inventory - most…
A: ABC analysis categorizes the inventory into three categories: A, which requires accurate records…
Q: The task I am struggling with. What percentage of cost of a Dell computer reflects inventory costs?…
A: Cost of inventory will incorporate the cost of financing inventory, cost of leasing/buying of the…
Q: Managing and keeping the inventory is a great challenged faced by the companies in today’s world.…
A: Inventory Management is defined as a process of purchasing, storing and utilizing thecompany's stock…
Q: Which of the following statements about supply chain metrics is Incorrect? a. The lower the weeks of…
A: A. The lower the weeks of supply metric the better: If the vendor can supply material to the company…
Q: A common planning horizon for productionactivities isa. one day.b. a week.c. a month.d. six…
A: Production Activities: The production activities are also called manufacturing activities and it…
Q: How do you assess the criticality of the inventory shortage as a store manager?
A: Inventory management is a crucial part of any company's performance.
Q: Joe, the owner of Genuine Reproductions (GR), a companythat manufactures reproduction furniture, is…
A: Given, COGS=$3,000,000Avg. inventory =$250,000.Inventory turnover=COGSTotal inventory…
Q: What are some of the ways that inventory turnover will reveal valuable information about a company's…
A: Inventory turnover is important since an organization's stock always holds a large amount of cash.…
Q: You work in a small bookshop which specializes in selling business books to businesses and…
A: 1) Strategic planning refers to a process that is used by organizations to achieve their goals and…
Q: Cash-to-cash cycle (C2C): the supply chain metrics that matter (300 words) In its simplest form,…
A: The Cash-to-Cash cycle - It is the time between when a business pays its suppliers and when the…
Q: Some selected financial statement items belonging to Mirbat Company are given in the table below.…
A: We need to find the average inventory period in this question. So we need only two of the given…
Q: Economic enterprises, each for profit and nonprofit, generate revenues through business processes…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: How are information asymmetries created? What are the implications? Describe the two types of…
A: The concept of perfect competition is generally based on the assumption of proper and relevant data…
Q: strategles be be Impleme der to achie the objective of optimizing the productivity of retail space…
A: One way to optimize productivity is to use stores. This allows you to do them fast with a minimum of…
Q: a. Find the average quarterly inventory and use it to calculate the firm's inven- tory turnover and…
A: THE ANSWER IS AS BELOW:
Q: What is the difference between ‘flow’ and ‘stock’?
A: Flow can be defined as the variable which is related to time and it is more based on per hour,…
Q: How is inventory turnover computed and what does it tell the owner-manager?
A: Manufacturing Companies have to invest considerable part of their capital in inventory. Therefore,…
Q: A computer company’s yearly inventory cost is 40 percent (which accounts for thecost of capital for…
A: Total inventory cost The formula used to solve this problem is "Little's Law". Inventory = Flow Time…
Q: a. ABC reports annual sales of $ 5 million, annual cost of goods sold is $ 2 million. Inventory is $…
A:
Q: Why is the inventory turnover ratio of a business desirable?
A: The number of times an item is used and replenished over the course of a given time span is known as…
show work not done in excel
Firm Y faces the following:
Revenue per order = $10,000
750 orders/deliveries per year
Net cost as a percent of revenue = 65%
80% of late deliveries redelivered; 20% cancelled
Cost of redelivery = $300
Invoice deduction for redeliveries = $250
4. What is the total lost profit or cash flow from an 85% on-time delivery rate?
5. What is the total lost profit or cash flow from a 95% on-time delivery rate?
6. What is the percentage reduction in total lost profit or cash flow from this 10% increase in on-time delivery?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Boreki Enterprises has the following 10 items ininventory. Theodore Boreki asks you, a recent OM graduate, todivide these items into ABC classifications.ITEM ANNUAL DEMAND COST/UNITA2 3,000 $ 50B8 4,000 12C7 1,500 45D1 6,000 10E9 1,000 20F3 500 500G2 300 1,500H2 600 20I5 1,750 10J8 2,500 5a) Develop an ABC classification system for the 10 items.b) How can Boreki use this information?c) Boreki reviews the classification and then places item A2 intothe A category. Why might he do so?Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. $17,300 $14,230 $1,100 $8,440 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory? % (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is Net Revenue Cost of sales Inventory Total assets***** The company Marombeiro is a commercial representative of a food supplement widely consumed in gyms. The average daily demand for the product is 1,500 units and a standard deviation of 300 units. Average shipping time is 5 days. Of course, if the order is placed at the end of the week, it may take a little longer to receive the shipment, so the standard deviation of the delivery time is 2 days. The unit has a value of R$ 50.00 per unit in stock, an order cost of R$ 50.00 and an annual maintenance fee of 20%. Suppose Company Marombeiro wants to change the service to 99%. How many days of safety stock the company will have. ( )5.12 days ( )5.67 days ( )5.33 days ( )4.77 days
- I need question D solved please (a) What was their average aggregate inventory value? =46,410,239(b) What was their average inventory (measured in weeks of supply)? =6.97(c) What was their inventory turnover?=7.1771BIT operates on a build-to-stock policy, and therefore stores its finishedgoods in a warehouse capable of housing up to 70,000 units. Its annual overhead cost (fixed cost) is $117,000; and it costs $3/unit to house the finished goods. BIT has been approached by a warehouse company offering to house the finished goods for a unit cost of $4.5/unit, with an annual contract cost of $30,000. (d) Should BIT continue operating its own warehouse, or should it employthe warehouse company? Why?Durant Co. manufactures glass bottles for dairy products. The contribution margin is $0.10 perbottle. Durant just received notification that one of its orders for 100,000 bottles contained misprintedlabels and thus had to recall and reprint the bottle labels. If it will cost $0.05 per bottle to reprint thelabels and $1,000 to reship the bottles, what will the net contribution margin be after the recall?Mr. Waleed is running furniture manufacturing business. He required raw material on regular basis.He uses the best suitable methods of purchasing of material.He tried to used preparation of inventor budgets, perpetual inventory system, just-in- time, ABC analysis but none of the above suited to his business.Once he had to stop his production, when he was using Just-In- Time purchasing method. One day Mr.Waleed explain all the cost details to his cost accountant as follows: The normal usage was 50 Units.In case of low demand his minimum usage was only 25 units. During high demand time Mr. Waleed used to purchase 75 units.Mainly he required two types of raw material like Material 1 and Material 2, His reorder quantity for Martial 1 was 300 Units & For Material 2 was 500 Units.His cost accountant told him that they need 40 Units as average. Mr. Waleed was very good at planning, but in case of emergency he used to wait 1 day for material 1 and 2 days for material 2 to get…
- A firm cost of good sold averages P2,000,000 per month, and it keeps an inventory equal to 50% of its monthly cost of good sold on hand at all times. Using a 365 -day year, what is its inventory conversion period? Standford Packing had sales of P3.2 million and a gross profit margin of 35% last year. If Standford inventory averaged P0.4 million last year, What was the length of the average age of inventory?Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,680 Cost of sales $13,980 Inventory $1,020 Total assets $8,360 a) What is its weeks of supply? decimal places). weeks (round your response to two b) What percentage of Arrow's assets are committed to inventory? response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? decimal places). % (enter your times per year (round your response to two d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is better worse the sameUse a mixed strategy - level of procuction (Jan-June) and chase demand (July- September with a support of overtime and sub-contracting not more than two workers and no limid for back orders. Jan 1000 Feb 2750 March 1250 April 1500 May 2250 June 1750 July 2750 August 2250 Sept 2500 Current work force 10 workers Production per worker Inventory holding cost Regular wage rate Overtime wage rate Sub-contracting wage rate Back-ordering wage rate Hiring cost Firing cost Beginning inventory 250 units per month S0.50 per unit per month $50.00 per unit S60.00 per unit $70.00 per unit $90.00 per unit $500 per worker S800 worker per 250 units Mth Regular Production Ending Back Order Demand OT S/k Workers Inventory J F M A. M J J Total Kos (Cost:
- Develop an order plan and calculate the total cost. Use Lot for Lot (LFL) 4 Month, t 3 A $100 per order i = 25% c = $3 per unit Demand, Dt 1 20 2 50 10 50Suzuki is a company that manufactures motorcycles. It produces 450 motorcycles a month. It buys tyres for motorcycles from Dunlop at a cost of $20 per tyre. The company’s inventory carrying cost per tyre is estimated to be 15% of the cost per tyre. The cost per order is calculated at 250% of the cost per tyre. Rquirement: i) Calculate the EOQ. ii) Determine the number of orders per year? iii) Compute the total cost.Explain what are just in time inventory pros and cons for a business?