Answer:
Scenario D.1
Jerry Allison Plumbing Supplies:
Time between production runs = 2.25 days.
Explanation:
With EOQ = 12,000 and working days of 300 per annum
The company can produce 40 units (12,000/300) per day, producing on all the days.
But since the production rate is 90 units per day for the economic production lot size, this can be produced in 133 days (12,000/90). This leaves 167 days as free of production.
Therefore, the company can produce every 2.25 days (90/40), this will give 133 days of production (300/2.25). The time between production runs is therefore 2.25 days. This can be converted into hours, and stated as: the next production run starts after every 54 hours.
Answer:
To Prepare an appraisal report
Explanation:
The steps which are involved in the appraisal process are:
1. Stating the purpose.
2. Listing the data needed and its source
3. Gathering, recording and verifying the data.
4. Gathering, recording and verifying the specific data.
5. Gathering, recording and verifying the data for each approach.
6. Analyzing and interpreting the data.
7. Reconciling the data for the final estimation.
8. Prepare an appraisal report.
Which behavior would best describe someone who has good communication skills with customers ? a) Following up with some customers b) Talking to customers more than listening to them c) Repeating back what the customer says d) Interrupting customers frequently
Answer:
the fixed cost is $1.72 million
Explanation:
The computation of the fixed cost is shown below:
= Total cost - variable cost
= $3.4 million - ($4.6 million - $3.4 million) ÷ $3.4 million - $.1.2 million ÷ $2 million
= $3.4 million - 2.8 million × $0.60 million
= $1.72 million
Hence, the fixed cost is $1.72 million