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olga55 [171]
3 years ago
14

Stevens Clothing Company has four warehouses spread throughout the country. The company is considering building another warehous

e, but needs to know what effect a new warehouse will have on inventory level requirements. Currently, the company has an average inventory level of 1,000 shirts at each warehouse. What average inventory level per warehouse is needed to maintain current standards if the new warehouse is built
Business
1 answer:
Maslowich3 years ago
6 0

Answer:

894 shirts

Explanation:

to calculate new average inventory levels we can use the following formula:

average inventory levels = [(√new number of warehouses / √current number of warehouses) x current inventory level] / new number of warehouses

= [(√5 / √4) x 4,000] / 5 = [(2.236 / 2) x 4,000] / 5 = (1.118 x 4,000) / 5 = 4,472.14 / 5 = 894.4 ≈ 894 shirts

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Which of the following identifies a change in the technological environment that could affect the success of a business?
podryga [215]

The statement that identifies a change in the technological environment that could affect the success of a business is option B. The option B is A company develops a new battery that lasts twice as long as its predecessor.

The development of technology is currently running so rapidly, unconsciously maybe every day technology develops. In this day and age, technology is very important for humans, so that it can be said that human life today cannot be separated from technology. The rapid development of technology has made almost all human work easier because almost all human work is assisted by technology. Day by day, technology is more varied, more innovative, more able to help human work. The development of this technology brings so many positive impacts, but technology also has a negative impact.

The following is the impact of technological developments on business:

  • Speed ​​up the production and distribution process
  • The exchange and delivery of information becomes easier and faster
  • Make it easier to get information related to finance, competitors, consumer tastes, and target market
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You can learn more about development of technology here brainly.com/question/13743788

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8 0
1 year ago
Operations management is the discipline that manages the day-to-day and tactical activity of the entire value added chain, which
makvit [3.9K]

Answer:

Operations Management:

a) true

Explanation:

Operations management ensures that the organization achieves its objectives by coordinating processes and executing them in the conversion of organizational resources into goods and services which will enable the organization to maximize profits.  It is the core of the organizational hierarchy and plays important tactical roles that deliver results.  It translates the strategic policies of top management into day-to-day actionable and deliverable processes to meet external needs (customers'), thereby generating income for the owners of the business.  Without operations management, a business remains an idea that cannot be implemented.

6 0
3 years ago
As a small business owner in today’s economy, what three financial reports would you use on a regular basis? What information wo
nalin [4]

Answer: Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Explanation:

Balance Sheet or the statement of Financial Position  is a report that shows the assets that your business owns against your equity and liabilities. This report can help you make asset purchasing decisions or decisions about how to fund the acquisition of new assets.

Profit and Loss Statement: shows a detail of the income your business has earned, the expenses you incurred to earn this income and your profit/loss. This report can help you figure out if your expenses are too high or the prices you charge for your goods/services are too low.

Cash Flow Statement: shows your liquidity position at different points during a financial period. This report is important as it allows you to see periods when you may need an extra inflow of funds to keep your business operational and can help you decide when to apply for bank loans or whether to delay the purchase of some assets.

6 0
3 years ago
A man needed money to buy lawn equipment. He borrowed ​$700.00 for five months and paid ​$53.95 in interest. What was the rate o
Westkost [7]

<u>Answer:</u> The rate of interest per year is 18.49 %.

<u>Explanation:</u>

To calculate the rate of interest, we use the equation:

\text{Interest paid}=\text{Amount borrowed}\times \text{Rate of interest}\times \text{Time}

where,

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Rate of interest = ?

Time = 5 months = \frac{5}{12}    (Conversion factor: 1 yr = 12 months)

Putting values in above equation, we get:

\$53.95=\$700\times \text{Rate of interest}\times \frac{5}{12}\\\\\text{Rate of interest}=0.1849\times 100=18.49\%

Hence, the rate of interest per year is 18.49 %.

8 0
3 years ago
Read each scenario and pick the statement that matches it.
coldgirl [10]

Answer:

c) guilty of hostile work environment sexual harassment.

Explanation:

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  • Looking at the situation it can be seen that Kim, Layne, and joy are making there advances and repeatedly making solicited behavior thus are guilty of the hostile work environment and harassment.
4 0
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