Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.
Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.
Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.
CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.
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please do you mean 1 unit for safety stock or 100 units, will solve for both
Answer:when safety stock =1, Reorder point= 601 units
when safety stock =100, Reorder point= 700 units
Explanation:
Reorder Point (ROP), also called reorder level, is the point of inventoryset by a busness in which it replenishes its stock of items.
given:
Average demand= 200
lead time = 3
when safety stock =1
Reorder point= (Average demand X Delivery lead time ) + Safety stock
= (200 x 3 ) +1 = 601 units
when safety stock = 100
Reorder point= (Average demand X Delivery lead time ) + Safety stock
= (200 x 3 ) +100 = 700 units
Answer:
$41,500
Explanation:
Calculation to determine What was the initial cost of the machine to be capitalized
Purchase price $35,000
Add Freight $1,500
Add Installation $3,000
Add Testing $2,000
Total Cost $41,500
Therefore the initial cost of the machine is $41,500
Answer:
yes
Explanation:
they are both professionals and either of their opinions/ suggestions would have been good, but if they both agree it's even better
Total profit= 1200 plus 2300 plus 1800
average profit = total profit divided by 3
average accounting return= average profit divided by initial investment= 5.52 percent
thats one way
other way is to take average investment = (intial investment plus scrap value) divided by 2