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Bas_tet [7]
3 years ago
9

For the Somerset Furniture Company described in Case Problem 10.1 in Chapter 10, determine the product lead time by developing a

time line from the initiation of a purchase order to product delivery. Discuss the company‘s possible transportation modes and channels in China and to and within the United States, and the likelihood of potential problems. Identify and discuss how international trade specialist(s), trade logistics companies, and/or Internet exchanges might help Somerset reduce its product lead time and variability.
Business
1 answer:
m_a_m_a [10]3 years ago
5 0

Answer:

Possible transportation modes are discussed below in detail.

Explanation:

• Purchase Request: 12 - 25 days

• Process buy request abroad: 10 - 20 days.

• Manufacturing process: 60 days

• Transport from plant to port: 1-14 days

• Paperwork: 5 - 10 days

• Wait for the container: 1 - 7 days*

• Load compartments: 3 - 6 days

• Ship days: 28 days

• Custom clearance: 7 – 14 days

• Warehouse transportation: 1-3 days

Delivery time is around 136 minimum days and  191  maximum days. Likewise,  the average delivery time is 163 days. Companies such as international trade specialist, trade logistics companies and Internet exchanges can help the company to reduce the delivery time by facilitating the trade channels. These intermediate channels can help to attain objectives in timely manner.

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2 years ago
3. There are concerns about an increase in unemployment due to the slowdown in manufacturing. a) What effect would an increase i
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an increase in the unemployment rate will result to a decrease on the equilibrium wage.
6 0
3 years ago
Read 2 more answers
Piper Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $12.00 per
Alex787 [66]

Answer:

Total= $19.56

Explanation:

Giving the following information:

The basic direct labor rate is $12.00 per hour. Payroll taxes are 13% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $6.00 per hour.

<u>The direct labor standard rate per hour is calculated using the direct labor rate, the taxes and fringe benefits.</u>

Standard direct labor rate:

Direct labor rate= 12

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6 0
3 years ago
Since the great recession of 2008, the phrase "the new normal" has become increasingly common. this phrase makes reference to
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3 years ago
The Assembly Department started the month with 35,000 units in its beginning work in process inventory. An additional 472,000 un
ludmilkaskok [199]

Answer:

b. 473,000 units

Explanation:

The number of units transferred to the next department is computed by considering the units transferred adjusted for the changes in the work in process inventory.

                                                                                            Units

Opening Work in process inventory                               35,000

Add: Units transferred in from prior department          <u>472,000</u>

                                                                                        507,000

Less: Ending work in process inventory                     ( <u>  34,000)</u>

Units transferred out to the next department              <u>  473,000</u>

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