7. Allowance, a paycheck, gifts, and gains from an investment are examples of

A company wants to determine its reorder point (R). Demand is variable and they want to build a safety stock into R. The company

victus00 [196]

Answer: 27.28 units

Explanation:

From the question, we are told that a company wants to determine its reorder point (R) and that demand is variable and they want to build a safety stock into R. We have also been given the information that the company wants to have a service level of 95 percent and that average daily demand is 8, lead time is 3 days and the standard deviation of demand during lead time is 2.

It should be noted that a service level of 95% will have a desired z score of 1.64. To get the desired value of R, we multiply the average daily demand by the number of the days in lead time and then add to the multiplication between the standard deviation during the lead time and the desired z score. Mathematically, this will be expressed as:

= (8 × 3) + (2 × 1.64)

= 24 + 3.28

= 27.28

Therefore, the desired value of R = 27.28 units

8 0

3 years ago

Which government branch creates the federal tax law

wolverine [178]

The answer is Congress :)

4 0

2 years ago

Read 2 more answers

A group of workers normally consists of 60 men, 30 women and 20 boys. They are paid at standard hourly rates as under:

dexar [7]

Labour cost variance = R.s 33,000 (F)
Labour rate variance = R.s 33000 (F)
Labour efficiency variance = 0

Given:

Standard Number of men = 60

Standard Number of women = 30

Standard Number of boys = 20

Standard hour rate for men = R.s 280

Standard hour rate for women = R.s 160

Standard hour rate for boys = R.s 140

Weekly working hour = 40 hours

Expected unit = 5,000 units

Number of men in march week = 70

Number of women in march week = 25

Number of boy in march week = 25

Actual wage for men = R.s 270

Actual wage for women = R.s 165

Actual wage for boys = R.s 130

Actual units = 4,500 units

Find:

Labour cost variance
Labour rate variance
Labour efficiency variance

Computation:

Labour cost variance = [SC for AO] - AC

Labour cost variance = [( 70 × 280) + (25 × 160) + (25 × 140)] - [(70 × 270) + (25 × 165) + (25 × 130)] × 40

Labour cost variance = (27,100 - 26,275 ) × 40

Labour cost variance = R.s 33,000 (F)

Labour rate variance = (SR - AR) × AH worked

Labour rate variance = [(280 - 270)70 + (160 - 165)25 + (140 - 130)25]40

Labour rate variance = [700 - 125 + 250]40

Labour rate variance = [825]40

Labour rate variance = R.s 33000 (F)

Labour efficiency variance = (SH allowed - AH worked)SR

Labour efficiency variance = (0 - 0)SR

Labour efficiency variance = 0

Learn more;

brainly.com/question/22856853?referrer=searchResults

5 0

3 years ago

The process through which a product or service takes root initially in simple applications at the bottom of a market and then mo

cricket20 [7]

The process through which a product or service takes root initially in simple applications at the bottom of a market and then moves up, eventually displacing established companies, is referred to as <u>Disruptive Innovation</u>.

In a business idea, disruptive innovation is an innovation that creates a brand new market and price network or enters at the lowest of an existing market and in the end displaces established marketplace-leading companies, products, and alliances.

Disruptive innovation refers to using a generation that upsets a structure, instead of "disruptive technology", which refers back to the era itself. Amazon, launched as an online bookstall in the mid-Nineties, is an example of disruptive innovation.

Disruptive innovation is the manner by using which a smaller enterprise—normally with fewer sources—moves upmarket and demanding situations larger, hooked-up corporations.

Learn more about disruptive innovation here brainly.com/question/17185200

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8 0

1 year ago

Janice Hartley works as a writer at a fashion magazine in New York. She was recently asked by her editor to write an article on

N76 [4]

Answer:

C

Explanation:

Affective component has been displayed as mood and feelings have been touched as a result of the feedback Janice got from her boss.

Cheers

5 0

3 years ago