1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NemiM [27]
3 years ago
7

Which of the following would NOT generally be a motive for a firm to hold inventories? to hedge against inflation to decouple va

rious parts of the production process to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand to minimize reordering costs
Business
1 answer:
34kurt3 years ago
8 0

Answer:

The answer is to minimize the reodering cost

Explanation:

We have three motives for holding inventory

1. Transaction motives of holding inventory This is to enable day to day transaction running of inventories.

2. Precautionary motives of holding inventory: Holding inventory to guard against unforeseen circumstances or to meet emergencies. For example, unexpected increase in demand.

3. Speculative motives of holding inventory. This is the holding of inventory in order to take advantage of any potential Investments. For example, to hedge against risk, take advantage of discounts.

All the options EXCEPT 'to minimize reodering cost' option are the reasons holding inventories.

You might be interested in
Long-term investments that cost the company $25 were sold during the year for $54 and land that cost $53 was sold for $28. In ad
adell [148]

Answer:

Explanation:

Long-term Investment cost = $25

Long-term Investment sales value = $54

Gain from Long-term Investment = $(54-25) = $29

Land cost = $53

Land sales value = $28

Loss from sale of Land = $(28-53) = -$25

Cash Dividend paid = $22

Total change in Assets = $(29-25) = $4

Total change in Equity = -$22

6 0
3 years ago
The production plant for Ace Manufacturing has been located in the same place for over 100 years. It has just completed its new
Reptile [31]

Answer:

True

Explanation:

A single use plan is basically a one time business transaction that is supposed to take place only once and should not be repeated in the future.  In this case, the production plant has been used for more than 100 years, but once it is sold, its history and the company should no longer have any type of relationship with it.

7 0
3 years ago
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of op
Mars2501 [29]

Answer:

Operations management is relevant to improve the overall productivity in an organization as it involves working with all departments in the organization.

Explanation:

Operations management involves <u>planning, organizing and controlling the production processes by which raw materials are converted into valuable goods and services to be distributed to customers.</u>

An operations manager works with managers in other organizational functions to <u>improve the overall productivity in the organization.</u>

He or she maintains contact with; the financial manager to agree on the budget needed for production, the purchasing manager to determine what raw materials will be purchased for production, the personnel manager to sort out the human resources required for the production process, and the marketing manager to ensure that customer needs are taken into consideration when producing goods and services.

4 0
3 years ago
Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vice president of human resources. Jackson Phar
Nata [24]

Answer:

Employees frequently complain about the inconsistent assistance they receive from the HR department due to its large size.

Explanation:

Having a specialized, embedded HR unit is beneficial to each, specific unit, as  HR would cater to every department and its special needs. On the contrary, centralized HR tends to give inconsistent help, as they always assign a different person or team when a problem arises.

So, if the employees complained that they cannot receive adequate help from the centralized HR, it would be wise to do what Roberta suggested.

8 0
3 years ago
When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able
kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

                                                       = $64

Total revenue from Three workers = 22 × $4

                                                          = $88

Therefore, the marginal benefit of hiring the third worker would be:

=  Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0
4 years ago
Other questions:
  • Zumba classes sell all 20 participant spots at a price of $4.50 each. When the instructor raised the prices to $5.50, 10 people
    5·1 answer
  • The labor force includes rev: 05_30_2018 Multiple Choice employed workers but excludes persons who are officially unemployed. pe
    11·1 answer
  • g In a very long run situation, monopolies earn: a. an economic profit of 1%. b. an economic profit of 100%. c. an economic prof
    5·1 answer
  • The ________ is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in
    13·1 answer
  • Homer notices that he gains more weight if he eats more doughnuts. Fill in the blanks to com the passage about the correlation b
    9·1 answer
  • The wearing away of the Earth's surface is called​
    14·1 answer
  • The benefits of portfolio diversification are highest when the individual securities have returns that Group of answer choices A
    9·1 answer
  • Flexibility of practice when applied to managerial accounting means that: Multiple Choice The information must be presented in e
    9·1 answer
  • Tommy is about to order a steak dinner with a salad at his favorite restaurant. The restaurant recently raised its prices on ste
    9·1 answer
  • Lionel works for a company that is trying to reduce travel time for their employees and allow more people to work from home. Wha
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!