You have a starting inventory of $300, ending inventory of $600, purchases of $1200 and employee meals of $100. What is your cost of food sold? 1- 1000 2- 900 3- 800 4- Not Enough Info
Q: Add the actual progress to the Gantt schedule shown on the right (on which the planned timings have…
A: Here, for each job, I would construct the duration bar/arrow on the Gantt chart, One arrow would…
Q: How do you Assess 5 lean processes and 5 lean tools for their ability to eliminate waste and lower…
A: A systematic method to production management called lean process, commonly referred to as lean…
Q: Existing Development Infrastructure: In the organization, are the tools and processes more important…
A: NOTE: We are allowed to do one question only at a time. Ans 1. Today organizations face many…
Q: a. Calculate the company's labor productivity, if the retail price for each respective service is RM…
A:
Q: Drylce, Inc., is a manufacturer of air conditioners that has seen its demand grow significantly. The…
A: A supply chain is a process that allows the developed product to reach the consumer in a chain of…
Q: Yuliia is Guest Experience Director at the Lego store. Daily demand averages 450 kits, with a…
A: From the given data, I would only determine the safety stock,
Q: What strategies can be employed to foster innovation and creativity during the strategic development…
A: The strategic development process refers to how organisations set their long-term goals, objectives,…
Q: Topic: Threats and controls of the disbursement cycle Lourdes works at the manufacturing company…
A: The disbursement cycle, which includes everything from buying raw materials to paying suppliers, is…
Q: Choose the correct time-phased assembly plan to prepare the gift bags OA А OF OB OD
A: A time-phased assembly plan- is a detailed schedule that outlines the specific tasks and activities…
Q: 5. Use Scenario 14.1 to determine the in-transit inventory cost of the Anita Enterprises option if…
A: demand per year = 240,000safety inventory = 30%price per bag = $100
Q: To what end does today's world need so much automation
A: In the context of operations of business processes, automation has taken a very significant part,…
Q: What kind of problems does the workflow management system want to tackle, and what are t
A: A workflow control system is a software solution designed to streamline and optimize the tactics…
Q: The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects.…
A: Project management includes those processes that are important for quality planning and control. It…
Q: Historically, the average proportion of defective bars has been 0.015. Samples will be of 100 bars…
A: P CHARTp chart tracks the proportion of defective items in each sample Given:Average of…
Q: a) Based on the information available, the per night break-even point in dollars for the St. Cloud…
A: Fixed Costs:Labor Cost: $300.00Booth Rental Cost (5 booths at $50.00 each): $250.00Total Fixed…
Q: Alan Industries is expanding its product line to include three new products: A, B, and C. These are…
A: Given Details:ProductAprilMayJuneJulyA9007009001300B70080010001100C800600800950Regular…
Q: What are order cycle costs if annual demand is 8,000 units, with the following order quantities and…
A: Annual demand = 8000Annual order cost = 97EOQ 1= 1000EOQ 2= 500EOQ 3 = 8000
Q: What is the utilization of the clinic? State your answer as a percentage with at least three decimal…
A: Here, from the calculation of utilization, we can find the percentage of time that a server is busy,…
Q: Explain project termination for this engineering project. It will be integrated into the company’s…
A: Project termination for this engineering project, which will be integrated into the company's…
Q: On Monday morning, Baxter Industries has the following jobs waiting for processing in two…
A: Find the given details below: Given details:JobTime…
Q: Given the manpower allocation table of a Project, determine how many days do the peak manpower…
A: Find the Given details below:
Q: Please no written by hand and no emage Kindly create a spreadsheet from the problem description.…
A: Optimal solutions offer valuable insights into making better decisions that are important for an…
Q: Thelonious and Prince both arrive at a coffee shop. Through the windows they can see that the line…
A: Queuing theoryWaiting line theory is about the mathematical study of of waiting lines, or queues…
Q: A product manager of an electronic manufacturing company wants to decide which one of three…
A: i)First we construct pay off table- that shows payoff for each combination of states of nature and…
Q: How do you Assess 5 lean processes and 5 lean tools for their ability to eliminate waste and lower…
A: Here are 5 lean procedures and 5 lean instruments that can be evaluated for their capacity to reduce…
Q: 1 Spreadsheet Mike Reynolds has four assignments due in class tomorrow, and his class times are as…
A: Scheduling refers to the process of planning as well as organizing tasks, activities, or events over…
Q: Is it A,B,C, or D
A: Mean square error indicates the average value of error squares. Here, the calculation will consider…
Q: C. Start A 3 B 2 C2 с 7 E3 F7 Finish b. Identify the critical path and estimate the project's…
A: The critical path is the sequence of tasks or activities in a project that takes the longest time to…
Q: What would happen if database referential integrity was not enforced? What are the most probable…
A: Referential integrity of the database might get violated, which could cause a number of problems and…
Q: XYZ Inc. has a facility with six departments (A, B, C, D, E, and F). A summary of the processing…
A:
Q: Advise and make at least four strategy recommendations to Jerry on how he could facilitate a…
A: Teamwork and leadership are two interconnected pillars that form the bedrock of success in any…
Q: how does Sandberg's book lean in emphasize the three process motivation theories?
A: Sheryl Sandberg's book "Lean In" primarily emphasizes improving gender equality, This book also…
Q: The following table and plot show a variable "y" and the results of a model built to forecast its…
A: The accuracy of a forecast is measured using various metrics. Some of them are MAD, MAPE, Mean…
Q: Q.2 Interarrival time of pieces at the given flow-shop is exponential with mean 10 minutes.…
A: In the field of operations research, queueing theory studies the behavior of waiting lines or…
Q: The city council of Fayetteville is in the process of approving the construction of a new 200,000-ft…
A: If site is selected siteDecision variable Construction cost $1000Site - 1125000Sum 125000Propert…
Q: Which of the following most directly expresses the motivation behind the expression "Do not block…
A: If the bottleneck is prevented from working (e.g., it has nowhere to put its output), the overall…
Q: A manufacturing plant is producing the following products using available raw materials shown in the…
A: Find the given details below: ResourceResource UsageAvailable ResourcesProduct 1Product 2Raw…
Q: Shoney Video Concepts produces a line of video streaming servers that are linked to computers for…
A: The manufacturing cost is = $150 per serverInventory storage cost is = $6 per monthEstimated to cost…
Q: decision tree
A: 1 / Type A ($900,000 + 50,000 * $20) \ 2 / 30%…
Q: The M–N plant manufactures two different products: M and N. Selling prices and weekly market demands…
A: Bottleneck station is the one which takes the greatest time to process 1 unit of any product at a…
Q: In the payoff table from the previous question, what is the optimal decision under the maximin…
A: Maximin or Pessimistic decision making model considers the highest payoff indicating decision making…
Q: Questions 5 through 13 are based on the following information: A small manufacturing company uses…
A: Safety stock refers to the additional inventory that a company holds beyond its average stock levels…
Q: A manufacturer's average WIP inventory for Part #2934 is 925 parts. The workstation produces parts…
A: Little's law expresses that the typical number of things in a framework is equivalent to the typical…
Q: ranchising is an arrangement in which a supplier grants a dealer the right to sell products in…
A: Note: As per the guidelines, personal opinions are not provided. We are providing a generalized…
Q: QUESTION 11 Airbase is a consumer electronics company known for its affordable mobile devices that…
A: Strategic positioning is a process of analyzing the competition in the market, customer preferences,…
Q: Which point or points are local optima in this diagram? The dashed line represents the objective…
A: Objective functions provide a basis for making data-driven decisions. By comparing the performance…
Q: Draw a current state value stream map indicating the customer, supplier, information flow, and…
A: 1. Current State Value Stream Map and Metrics:Because I don't have access to the exact case study…
Q: The lean operations system strategy has been in operation for 3 months at Your Furniture Company.…
A: Lean techniques are essential for streamlining procedures and cutting waste in the area of…
Q: Mention some drawbacks of the Linear Model?
A: Listed below are some issues with the linear model:Linearity assumption:The linear model makes the…
Q: Given 5000 minutes of resources at each Workcenter, how many units of A could be produced assuming…
A: A requires 3 units of B and 2 units of C. Where 1 unit of C requires 2 units of B.For Part A:Lot…
You have a starting inventory of $300, ending inventory of $600, purchases of $1200 and employee meals of $100.
What is your cost of food sold?
1- 1000
2- 900
3- 800
4- Not Enough Info
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
- This is a comprehensive case. This covers most of the essential concepts we have covered and other materials you will obtain independently. Volta Apparel Inc. is contemplating constructing a new facility to manufacture ladies' apparel (shirts) at Keta. Mr. Kwaku Kobla is the newly appointed Plant Manager, who will oversee the Keta plant. You have been appointed as the Operations Consultant to advise him and assist him. Volta has another similar facility in Accra. The actual demand for shirts (manufactured in the Accra plant for the last 4 years) is presented below: Season and Year Actual Demand Quarter1 and 2005 482 Quarter2 and 2005 213 Quarter 3 and 2005 116 Quarter 4 and 2005 335 Quarter 1 and 2006 499 Quarter 2 and 2006 225 Quarter 3 and 2006 122 Quarter 4 and 2006 344 Quarter 1 and 2007 503 Quarter 2 and 2007/237 Quarter 3 and 2007 127 Quarter 4 and 2007 349 Quarter 1 and 2008 518 Quarter 2 and 2008 244 Quarter 3 and 2008 133 Quarter 4 and 2008 353 A. Based on the information…Given that: Sales = $300,000,000 Transportation cost = $15,000,000 Warehousing cost = $4,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold = $95,000,000 Other operating costs = $55,000,000 Average Inventory (AI) = $15,000,000 Accounts receivable = $35,000,000 What is the earning before interest and taxes? Group of answer choices 75,500,000 205,500,000 150,500,000 126,500,000 46,500,000Given that: Sales = $300,000,000 Transportation cost = $15,000,000 Warehousing cost = $4,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold = $95,000,000 Other operating costs = $55,000,000 Average Inventory (AI) = $15,000,000 Accounts receivable = $35,000,000 What is the total operating cost? Group of answer choices 56,500,000 48,500,000 75,500,000 78,500,000 68,500,000
- You are the manager of Nutty Nutella, a specialty retail store that sells delicious hazelnut spread which it grinds and blends every evening for sells the next day. Recently, you have implemented the newsvendor model to optimize your inventory levels and meet customer demand effectively. Nutty Nutella produces jars at a cost of $5.00 and sells them for a price of $8.00 per jar. Left over jars at the end of the day are sold to a neighboring bakery which uses them to bake scones with. Because the bakery is owned by the managers friend, they sell them to the bakery for a price of $2.00 each. What is the ideal service level based on the above information? O 23% O 44% 50% O 62.5% O None of the other answers are within 1% of correct 37.5%A package holiday company is about to block book hotel rooms for the coming season. The number of holidays actually booked is equally likely to be any number between 0 and 99 (for simplicity rather than reality). Each room booked costs the company $250 and they can sell them for $350. a) How many rooms should the company book if unsold rooms have no value? b) How many rooms should it book if unsold rooms can be sold as last-minute bookings for $100 each?Operation mangement An online shoe retailer's annual cost of holding inventory is 30 percent. The firm operates with a days-of-supply of 23 days, and assume there are 365 days per year. What is the inventory holding cost (in $s) for a pair of shoes that the firm purchased for $53 ? Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
- What are order cycle costs if annual demand is 9,600 units, the order quantity is 2,000 units, and annual order cost is $45? What if the order size changes to 1,000 units or 9,600 units? Round your answers to the nearest cent. If the order quantity is 2,000 units, the order cycle costs are $ . If the order quantity is 1,000 units, the order cycle costs are $ . If the order quantity is 9,600 units, the order cycle costs are $ .A. You are thinking about opening an oil change shop. Your fixed costs will be $13,000 per month. You will charge customers $28 for a lube-oil filter. The cost of materials is in addition to your fixed costs and is estimated at $8 per customer. How many customers must you have each month in order to break even? Hint: "Break Even" means revenues equal expenses, so we could say "fixed costs+variable costs=revenues" B. If your shop is open an average of 25 days each month., how many customers do you need each day to break even? Answer for a: 650 customers Answer for b: 26 customers per day please help me set up the equation needed to solve and get the correct answer.Discuss how your current (or previous) job/company could benefit from the implementation of Design Thinking. Specify what challenges it would help address and which tools you would recommend and why. Assume that you just calculated your EOQ and ROP only to find out that your ROP is greater than your EOQ. Is this possible? Please explain. Any additional insights you can derive or changes you may want to make in your inventory management practices based on this realization? What are some operational/supply chain benefits that you think Wal-Mart (US) derives from using Every Day Low Price (EDLP)?
- The following two diagrams represent different inventory and cash payment policies. Please use whatever real-life business you believe is suitable to explain the differences between the two types of business models. Make sure you elaborate on each of the four cardinalities below.5) Your t-shirt company currently uses a manual printing system to put designs on blank shirts (all equipment is paid for). The cost of goods sold is $8 and the retail price for the shirts is $25. You currently print 11,000 shirts/year with this equipment and that is the maximum capacity. You are considering investing in new equipment. You came across a semi-automated printing system for $30,000, plus you'll need to spend $5,000 for the electrician to update wiring and connect the equipment. To break even in one year, how many (total) shirts would you need to print next year?Kelley, Inc. provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory $1,300,000 330,000 350.000 Calculate the average number of days that inventory was held by Kelley, Inc. during 2018. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.) O A. 191.10 days O B. 92.64 days O C. 95.55 days O D. 98.38 days