Answer:
Total inventory procuring cost $ 12.000
Explanation:
Step 1. Given information. and Step 2. Formulas needed to solve the exercise.
To find out invencoty cost, we need to calculate EQO
EOQ = sqrt of (2 * ordering cost per order * total quantity required / carrying cost per order)
Total inventory procuring cost = Carrying cost per unit per year (EOQ/2) + Fixed order cost * no of times ordered
Step 3. Calculation. and Step 4. Solution.
EOQ = sqrt of (2 * 500 * 8.000 / 18) = 667 units.
Therefore no of times to be ordered = 8.000/667 = 11.99 = 12 times
Total inventory procuring cost = 18 (667/2) + 500 (8.000/667) = $ 12.000
Note
Total Inventory procuring Cost is the sum of the carrying cost and the ordering cost of inventory.
Answer:
Worldwide Wholesalers, Inc. has decided that instead of having its employees manage its raw materials inventory, it will pay its suppliers to store and deliver the products as needed. What action has Worldwide taken?
A. Operations control
B. Outsourcing
C. Value-added analysis
D. Business process re-engineering
E. Quality control
Answer: B
Explanation:
Outsourcing is the business practice of contracting a gathering outside an organization to perform benefits and make products that generally were acted in-house by the organization's own workers and staff. Outsourcing is a training for the most part attempted by organizations as a cost-cutting measure. In that capacity, it can influence a wide scope of employments, going from client care to assembling to the back office. Outsourcing can assist organizations with decreasing work costs fundamentally. At the point when an organization utilizes outsourcing, it enrolls the assistance of outside associations not partnered with the organization to finish certain errands. The outside associations normally set up various remuneration structures with their representatives than the outsourcing organization, empowering them to finish the work for less cash. This at last empowers the organization that decided to redistribute to bring down its work costs.
Answer:
Effect of Transaction on Cash Flows
Effects Amount
1. Cash Payment $239,000
2. Cash Receipt $252,000 (12000*$21)
3. Cash Receipt $91,400
4. Cash Payment $491,000
5. Cash Payment $86,000
6. Cash Receipt $188,100 (190,000*0.99)
7. Cash Payment $353,400 (6,200*$57)
8. Cash Payment $36,100 [1.90*(23,000-4,000)]
A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.
<h3>
What is Feature fatigue?</h3>
- Consumers have a propensity to steer clear of products that seem to be feature-rich due to feature fatigue.
- It is a phenomenon of the modern-day brought about by the increase in the number of features included in goods and services.
- The issue is that adding functionality makes goods more challenging to utilize. Even when the additional features don't completely expand the usefulness (like phones that double as cameras), the complexity they add to the current task can be mind-boggling.
- To prevent feature fatigue, focus on usability rather than utility. Display specific characteristics as appropriate. Keep to your initial product vision. Turn on features for those consumers who specifically require them.
To learn more about Feature fatigue refer to:
brainly.com/question/19594716
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Yes. Collective bargaining is negotiation of wages working conditions by an organized group of employees (often called a union). The union representatives meet with the employer/employer's representatives to negotiate terms.
