Deliverables: option c. are the products or services output during the life of the project.
<h3>What is the meaning of the deliverables of a project?</h3>
A deliverable is known to be an attribute of output found inside the scope of a project.
It is seen as the outcome of objective-focused work completed within the project functions. Deliverables in project management can be known to be internal or external.
Hence, Deliverables: option c. are the products or services output during the life of the project.
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Answer:
a. Defining the problem, generating alternatives, selecting an alternative, implementing and evaluating the solution.
Explanation:
In order to solve a problem managers should follow logical steps to solve it correctly. First, the problem needs to be defined and all the possible ways in which the problem could be resolved should be listed. Then, the solutions should be analyzed to determine which one is the best one for the specific case. After that, it should be implemented properly and the last step will be to evaluate the solution to get feedback and determine if it fixed the problem or if another solution will need to be found to deal with it.
Answer:6 kanban containers are needed
Explanation: Using the formula
Number of kanban containers =( dL + S)/C
Where
Average demand, d = 200
Lead time, L = 2 days
Safety stock is 1 day, S = 200 units
Quantity in containers, C = 100
Number of kanban containers = dL + S/C
= (200 x 2 + 200)/ 100 =400+200/100
= 600/100 = 6
Therefore 6 kanban containers are needed
Answer:
$232,825
Explanation:
Step 1: Calculation of cost of goods sold (COGS) under First In First Out (FIFO)
Since we know that;
Ending inventory = Beginning inventory + Purchase - COGS of FIFO
Therefore, we can rearrange to make COGS the subject of the formula and substitute the values as follows:
COGS under FIFO = Beginning inventory + Purchase - Ending inventory
= $110,000 + $237,500 - $114,000 =
COGS under FIFO = $233,500
Step 2: Calculation of COGS under Last In First Out (LIFO)
COGS under LIFO = COGS under FIFO - Rise in LIFO reserve
= $233,500 - $675
COGS under LIFO = $232,825
Therefore, the value of COGS LIFO for Brady Inc. in 2018 is $232,825.