1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arte-miy333 [17]
4 years ago
11

One of your friends states that “operations management and supply chain management are primarily of interest to manufacturing fi

rms.” Is this true or false? Give some examples to support your answer
Business
1 answer:
Ghella [55]4 years ago
8 0

This is not true. Just because it talks about operations and supply chain, it does not mean that non-manufacturing industries are not involved. Any business with an operating system has an operations department. The supply chain will depend on the type of services or goods offered. For example, an environmental services consultancy firm is not a manufacturing company. However, it has an operations department to oversee the schedule of sampling personnel for monitoring activities. Moreover, supply chain may refer to the business development department, which is primarily concerned of acquiring more clients to give their services. In addition, equipment must also be supplied so monitoring could be possible.

You might be interested in
Presented below are selected account balances for Tamarisk Co. as of December 31, 2020.
Svetradugi [14.3K]

Answer and Explanation:

The closing entries for the following accounts are presented below:

1. Sales Revenue A/c Dr $408,750

        To Income Summary $408,750

(Being revenue account closed)

2. Income summary A/c Dr $323,830

      To Cost of Goods Sold          $229,017

      To Sales Returns and Allowances $11,908

      To  Sales Discounts                        $15,070

      To Selling Expenses                       $16,133

      To Administrative Expenses          $37,525

      To Income Tax Expense                 $30,300

(Being expenses accounts are closed)

3. Income summary A/c Dr $84,930 ( $408,750 - $323,830)

       To Retained earning $84,930

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $17,873

         To Dividend A/c $17,873

(Being dividend account is closed)

7 0
3 years ago
In the value chain model for a hospital, pharmaceutical companies and organ donors would be considered as
natta225 [31]
It would be outputs 

Hope I helped
4 0
3 years ago
The Mary Company primarily sells dishes, and recently purchased a cardboard box company. Mary's new cardboard box division has n
fgiga [73]

Answer: $1.50

Explanation:

Based on the information given in the question, we are informed that the variable cost of each box is $1.50 and usually has a contribution margin of $0.80 per box.

We should note that the minimum transfer price that the box division should find as acceptable will be the relevant cost. In this case, the relevant cost is given as $1.50 pee box and therefore, the minimum transfer price will be $1.50.

8 0
3 years ago
Next week, super discount airlines has a flight from new york to los angeles that will be booked to capacity. the airline knows
Setler79 [48]
The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is C_u=\$134.

The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is C_o=\$263.

\frac{C_u}{C_u+C_o} = \frac{134}{134+263}  \\  \\ = \frac{134}{397} =0.3375

The z-score that yields a p-value of 0.3375 is -0.4193.

Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.

Therefore, super discount airlines should overbook the flight by 25 seats.
4 0
3 years ago
Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value.
Marianna [84]

Answer:

$508.63

Explanation:

For this question, we use the Present value formula that is reflected in the attached spreadsheet. Kindly find it below:

Provided that

Given that,  

Future value = $1,000

Rate of interest = 14%

NPER = 15 years

PMT = $1,000 × 6% = $60

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $508.63

3 0
3 years ago
Other questions:
  • Can title insurers that issued a policy with a major defect require the purchasers of the policy to act as plaintiffs in order t
    14·1 answer
  • Benson Co. purchased land and paid the full purchase price in cash. The journal entry necessary to record this event includes a:
    10·1 answer
  • The single most important reason for investing is for _________.
    7·1 answer
  • Period costsSelect one:a. are used to compute product cost.b. are selling costs and administrative costs.c. can be included in o
    14·1 answer
  • Competitive firms differ from monopolies in which of the following ways? (i) Competitive firms do not have to worry about the pr
    5·1 answer
  • You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sha
    14·1 answer
  • A positive consequence of organizational distress may take the form of: a. functional turnover. b. absenteeism. c. employee work
    6·1 answer
  • A system that collects and stores the company's key data and produces the information needed by managers for analysis, control,
    8·1 answer
  • . Savings habits you develop when you are young can stay with you for life. Yes or no, Support your answer.
    10·1 answer
  • Return on investment (ROI) for a firm is _______. a. the firm's total assets multiplied by net profits after taxes b. a measure
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!