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balandron [24]
4 years ago
8

Mark is the inventory-control manager at Shield Corp. He usually places an order for steel rods based on the firm's daily requir

ement rather than procuring a massive quantity of steel rods once a month from the supplier. Which of the following approaches to inventory control has Mark implemented in this scenario?
a. the batch processing system.
b. just-in-time inventory management.
c. the perpetual inventory system.
d. computer-assisted manufacturing.
e. the in-basket technique.
Business
1 answer:
diamong [38]4 years ago
8 0

Answer:

b. just-in-time inventory management

Explanation:

Just in Time (JIT) inventory relates to an inventory control program with the goal of making inventory conveniently able to meet demand, just not to the extent of overload where you have to store extra items. JIT inventory has been used to better cut costs, open up storage space, and reduce error levels.

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A department store sells refrigerators from four manufacturers: 40% from Company A, 25% from Company B, 15% from Company C, and
Rufina [12.5K]

Answer:

A: 0.1475 , B: 0.3389

Explanation:

a. Probability Refrigerator purchased from store lasts more than 15 years :

Prob(refrigerator purchase from A) and Prob(refrigerator from A life > 15 years) + .........Prob(refrigerator purchase from D) and Prob(refrigerator from D life >15 years)

(0.40x0.1)+(0.25x0.20)+(0.15x0.05)+(0.20x0.25) = 0.04+0.05+0.0075+0.05 = 0.1475  

b. Refrigerator last > 15 years given , Probability it is from B :

[ Prob (B Purchase) . Prob (life > 15, given from B) ] / Prob (Life > 15)

P (B/15) = [P(B).P(15/B)]  / [P15]          {Bayes Theorum}

= [(0.25)(0.20)] / 0.1475  = 0.05 / 0.1475

= 0.3389

5 0
3 years ago
Adjustments for ________ would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the gove
UNO [17]

Answer:

Adjustments for enterprise fund-basis statements from their original modified accrual basis would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the governmental activities Statement of Net Position.

8 0
3 years ago
The Colson Company issued $407,000 of 9% bonds on January 1, 2014. The bonds are due January 1, 2020, with interest payable each
Zielflug [23.3K]

Answer:

Dr cash    $407,000

Cr bonds payable       $407,000

July 1

Dr interest expense   $ 18,315.00  

Cr cash                                              $ 18,315.00  

December 31

Dr interest expense   $ 18,315.00  

Cr interest payable                                          $ 18,315.00  

Explanation:

The bond was issued at face value of $407,000 which means that cash of $407,000 was received which is to be debited to cash account and bonds payable account credited for the same amount.

On July1 ,interest coupon of  $ 18,315.00   ($407,000*8%*6/12) was paid which means that interest expense is debited with $ 18,315.00   while cash is credited.

On 31 December ,interest coupon of  $ 18,315.00   ($407,000*8%*6/12) was due  which means that interest expense is debited with $ 18,315.00   while interest payable is credited.

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mai has $36 to spend on movie tickets it's movie ticket cost $4.50 how much movie tickets can you buy ? ​
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Troyanec [42]

Answer:

c. Work sample tests

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Based on the information provided within the question it can be said that the best test to give an individual in this scenario would be a Work sample tests. These are tests that have been specifically designed in order to see if an individual has the ability to do an assigned job and then be able to evaluate their performance. This evaluation will give the employer an idea of how they will perform in the actual job position.

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