Answer:
The Answer is D) Supply Chain Management
Explanation:
Supply Chain Management is defined as the management of the flow of goods and services and includes all processes that transform raw materials into final products. It speaks to the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace. That is, a supply chain manager watchfully monitors, organises the supply (inflow and outflow) of goods and services so that cost is minimized thereby providing the company increased bottom line and hence a greater advantage.
SCM represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains answers the question of how everything, from production to product development to the information systems needed to direct these undertakings is taken care of.
Why is Supply Chain Management important?
A well managed supply chain creates increased customer satisfaction and makes room for increased competitiveness.
Organizations increasingly find that they must rely on effective supply chains, or networks, to compete in the global market and networked economy.[20] In Peter Drucker's (1998) new management paradigms, this concept of business relationships extends beyond traditional enterprise boundaries and seeks to organize entire business processes throughout a value chain of multiple companies.
In recent times, globalization, outsourcing, and information technology have enabled many global entities, such as Dell and Hewlett Packard, to successfully operate collaborative supply networks in which each specialized business partner focuses on only a few key strategic activities.
Cheers!
<span>Simulation. It is the imitation of the operation of a real-world process or system over time. Simulation testing lays on the intersection of both property-based and example-based testing. It provides strong guarantees about externally-visible, client behavior. This is done in a controlled environment.</span>
Answer:
Stern must borrow 13,530dollars at least to achieve is minimum monthly cash balance.
Explanation:
beginning cash balance: $ 12, 270
cash receipts $ 97,200
cash disbursements <u> $(115,000) </u>
cash balance before financing: $ (5,530)
minimun balance required $ 8,000
financing requirement: 8,000 - (-5,530) = 8,000 + 5,530 = 13,530
Answer:
$102,870
Explanation:
The computation of Total cash disbursements is shown below:-
Variable overhead = Direct labor budget × Variable overhead rate
= 8,100 × $1.40
= $11,340
Fixed expenses incurred in cash = Total fixed expenses - Depreciation
= $100,440 - $8,910
= $91,530
Total cash disbursements = Total variable manufacturing overhead + Fixed cash overhead
= $91,530 + $11,340
= $102,870
Therefore for computing the Total cash disbursements we simply applied the above formula.
Answer:
B.) $11.90
Explanation:
Predetermined manufacturing overhead rate are based on the estimates made by the company.
So the calculation should be:
Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.
Giving us the result of $11.90
(238,000 / 20,000 = 11.90)
