Katrine works in material planning and control
part of the supply chain.
<u>Explanation:
</u>
Material preparation is a mathematical method used to assess in advance, according to the development schedule, demands for raw materials, additional related components, spares and other items. The whole plan event is a module. The process of product preparation affects several factors.
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Micro factors: Mainstreaming, rejects, lead times, stock inventory levels, working capitals, power delegations, and interaction constitute some of the micro factors affecting material planning.
- Macro factors: Price dynamics in economic cycles Govt are among the micro factors that impact product planning.
The product quality program will result in the planning and procurement of the goods delivery schedule
.
<h2>The objective of layout strategy is to develop an effective and efficient layout that will meet the firm's competitive requirement.</h2>
Explanation:
Layout Design Considerations:
Any good layout should have safe working condition. It should also utilize the space effectively. It should also consider the cost of moving between various work areas. It must consider the equipment that is installed. The work environment should also have good aesthetic sense to work better. We can even think in the point of customer where a customer can easily interact with the employees.
Types of Layouts:
There are 3 types of layouts
1. Office layout
2. Retail layout
3. Warehouse layout
It is given that the company failed to record $3,700 of insurance coverage that had expired and accrued salaries expense of $2,250. It means the company has failed to record the total expenses of (3700+2250) = $5,950. This understatement of the expenses shall result in an overstatement of the income in the Income statement. Further, it will also result in the overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250.
As a result of these two oversights, the financial statements for the reporting period will show overstatement of the income by $5,950 in the Income statement and overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250 in the balance sheet.
Answer:
B. decrease
Explanation:
The subsidiary's cost of purchasing materials measured in Australian dollar will decrease. The subsidiary in Australia sells mobile homes. It borrows funds from local bank and purchases material from Hong Kong and pays Hong Kong in HK$ which is tied to US dollar. So when Australian dollar appreciates against the Hong Kong dollar, it will appreciate against US dollar as the Hong Kong dollar is tied to US dollar. The subsidiary will pay decreased cost of purchasing material due to appreciations of A$ by increasing interest rate in Australia.
