Answer:
$24,681.41
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER reflected the time period.
Provided that,
Future value = $50,000
Rate of interest = 4%
NPER = 18 years
The formula is presented below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $24,681.41
I'd say 12/16 is the answer
Units to be produced in February is calculated as -
Units to be produced in February = February sales + Ending inventory of February - Beginning inventory
February sales = 4,600 units
Ending inventory = 25 % * Sales of March = 25 % * 5,300 units = 1,325 units
Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units
Units to be produced in February = 4,600 units + 1,325 units - 1,150 units
Units to be produced in February = 4,775 units
Answer:
a. The answer is:762 bottlé.
b. The answer is: 487 bottles.
Explanation:
a. The economic order quantity is calculated as:
=
= 762 units because: D = annual demand = Weekly demand x week opening per year = 134 x 52 = 6968; S = Cost per order = 25; H = Holding cost per unit = 15% x purchase price = 15% x 4 = 0.6
b. Inventory level to place order:
With the inventory system providing a 95 percent service probability, z level is 1.64 (using the NORM.S.INV function in excel).
So Inventory level to place order = 134 * 3 + 1.64 * 30 * 3^0.5= 487 bottles.
When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".
<h3>What is a pre-employment screening process?</h3>
Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations
Some characteristics of pre-employment screening process are-
- Pre-employment screening entails gathering all the data necessary to make a wise hiring decision.
- This entails locating applicants who satisfy established job requirements and confirming the data they supply.
- Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.
- Various components, such as job screening questions included in the employment application, may be part of the screening process.
- Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.
- Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.
To know more about purpose of pre-employment screening, here
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