Answer:
Differential analysis as at April 30
Make (Alternative 1) Buy (Alternative 2)
Purchase Price $0.00 $24.00
Direct materials $8.00 $0.00
Direct labor $12.00 $0.00
Variable Costs - Case related $3.00 $0.00
Total Cost $23.00 $24.00
Conclusion
Company should make carrying cases instead of purchasing as this is cheaper by $1.00
Explanation:
There is a choice to be made between Make (Alternative 1) and Buy (Alternative 2). Compute the Total costs for these choices.
Ignore the fixed overheads as they are the same for both alternatives and hence irrelevant.
Choose the alternative with lower costs.
Answer: B. 17.5 days
Explanation:
The safety stock that Jackson Collectibles has is 35 units.
Their weekly demand however is 14 units.
This means that the number of weeks they can survive on safety stock is:
= Safety stock / demand per week
= 35 / 14
= 2.5 weeks
In days this is:
= 2.5 * 7
= 17.5 days
Answer:
Uncertainty Avoidance
Explanation:
The term uncertainty avoidance was coined by a man named, Geert Hofstede to explain the extent to which people are willing to remain in a given situation so as to <em>avoid uncomfortable circumstances</em><em>.</em> It reflects the extent to which people are unwilling to take risks. A low uncertainty avoidance index simply means that the people who have just been studied are willing to accommodate ambiguity and take risks. A high uncertainty avoidance on the other hand means that the people are more comfortable in their given positions and are unwilling to take risks.
So, in the employee situation, the degree to which employees are threatened by ambiguity is known as uncertainty avoidance.
Answer:
C) 9.00; 8.92
Explanation:
The arithmetic rate of return is given by:
The geometric rate of return is given by:
Therefore, the arithmetic rate of return is 9.00 percent and the geometric rate of return is 8.92 percent
The answer is C) 9.00; 8.92.