I’m sorry I gave up 85 points on accident
Answer:
Hire a management team with complementary industry experience.
<span>If the corporate bond yields 6.7% and is taxed at 27% there is no effective difference in yield; it would bring the yield down to 4.89%. There would be no difference between a tax free municipal bond or a taxable corporate bond in this scenario.</span>
Answer:
$30,000 unfavorable.
Explanation:
Calculation for what The direct labor efficiency variance for October was
Using this formula
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20
Direct labor efficiency variance= (10000 - $11,500) × $20
Direct labor efficiency variance= $1,500 × $20
Direct labor efficiency variance= $30,000 unfavorable
Therefore The direct labor efficiency variance for October was $30,000 unfavorable
Answer:
Monte Carlo Simulation Technique
Explanation:
A simulation technique experiments with computerised mathematical models to generate optimal levels.
The Monte Carlo simulation is a technique that is widely used across industries to model the components of a project that is usually affected by probabilities and uncertainties. The strength of the Monte Carlo simulation is in its ability to use the stochastic (random sampling of inputs) method to solve a statistical problem through virtualisation.
The use of virtualisation makes it convenient because, in the case of inventory items, for instance, there is no need to physically move these items, virtualisation allows for the input of values for stock (usage and lead times) that can be sampled over and over again until the best input gives the optimal safety stock level.
The Monte Carlo Simulation assists in analyzing complex systems and helps to develop alternative policies to different situations that may occur.
Since the probabilities for both usage and lead times are known, the required input for a mathematical simulation is available, therefore, the optimal safety stock level can be determined.
