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frosja888 [35]
3 years ago
15

Annual demand for an item is 11,000 units with the cost per unit at $250. The holding rate is 10% and the order cost is $14.00 p

er order. The standard deviation of daily demand is 3 units. Assume 260 days in the year and a lead-time of 2 days. If a service level of 97% is desired during the reorder interval, what is the reorder point? (Note: Due to rounding and your exact choice of z, your answer may be a few units off the choices given.)
Business
1 answer:
frutty [35]3 years ago
5 0

Answer:

93 units

Explanation:

Annual demand for an item = 11,000 units

cost per unit = $250

holding rate = 10%

Order cost = $14.00 per order

No. of days in a year = 260

Lead-time = 2 days

Average\ daily\ demand=\frac{Annual\ demand\ for\ an\ item}{No.\ of\ days\ in\ a\ year}

Average\ daily\ demand=\frac{11,000}{260}

                                              = 42.3 units

For a service level of 97%, the value of z is 1.881

Therefore,

Reorder point:

= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability × \sqrt{Lead\ time}

= (42.3 × 2) + (3 × 1.88 × \sqrt{2})

= 92.57

= 93 units

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Answer:

<em>Disparate-impact discrimination</em>

Explanation:

As we can see in the given scenario, that Nell believes that the test has an unintentionally discriminatory effect as he fails in the test taken by the company, so this discriminating act that was made by the Origami Paper Corporation is a <u>disparate-impact discrimination</u>.

<em>Because as we know that if someone is been discriminated unintentionally, then it comes under disparate-impact discrimination.</em>

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Match each term to its definition. Part Aa. surplus b. debt c. interest d. deficit Part B1. the total of all accumulated and unp
yanalaym [24]

Answer:

The answers are as follows;

1. the total of all accumulated and unpaid deficits (b. Debt)

2. a situation in which outlays exceed revenue (d. Deficit)

3. a situation in which revenue exceeds outlays (a. Surplus)

4. the fee that borrowers pay to debt holders (c. Interest)

Explanation:

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3 years ago
A company performs 20 days of work on a 30-day contract before the end of the year. The total contract is valued at $6,000, with
snow_tiger [21]

Answer:

a. True

Explanation:

Based on the information given the required adjusting journal entry will includes a $4,000 DEBIT TO UNEARNED REVENUE reason been that we were told that the company carried out 20 days of work out of 30-day contract before the end of the year which means that the company has earned an UNEARNED REVENUE by the end of the year of the amount of $4,000 calculated as ($6,000 * 20 days /30 days) which is why the adjusting Journal entry would includes a $4,000 DEBIT TO UNEARNED REVENUE.

5 0
2 years ago
Brenden Corp. manufactures products at the lowest cost possible. It strives to keep its manufacturing costs low and its product
Rama09 [41]

Given the above information, the statement that is true is that Brenden Corp focuses on efficiency at the expense of effectiveness.

<h3>What is manufacturing cost?</h3>

Manufacturing cost comprises totality of all cost that is used in production. It includes all costs necessary to get a finished product from raw materials.

Manufacturing costs consist of the following:

  • Cost of the raw materials
  • The workers' wages
  • Consumables like water and lubricants, machine depreciation, factory expenses

With regards to the above, the company tends to focus more on efficiency at the expense of effectiveness by keeping manufacturing costs low which make its product prices competitive.

Learn more about manufacturing cost here: brainly.com/question/8873972

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4 0
2 years ago
Assume that the cost of money is 10% per year. The initial cost of a small personal aircraft is $35,000, the annual repair and m
babymother [125]

Answer:

The present worth of aircraft = $29137.82

Explanation:

Given the cost of money (r ) = 10%

The initial cost of small aircraft = $35000

Annual repair and maintenance costs (A) = $20000

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Now calculate the present value of aircraft by adding the initial cost of annual maintenance and salvage value and subtracting the initial cost.

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3 years ago
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