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Inessa05 [86]
3 years ago
9

Your manager, Felix Young, wants to know why your estimate of the time it will take to get an MRP system up and running is so lo

ng. Young noted that you included an allowance for "potentially inaccurate bill of materials and inventory records," and he wants to know how the company could have operated as well as it has "if the records weren’t pretty accurate right now." Write a one-page memo in response to Young’s concerns.
Business
1 answer:
Svet_ta [14]3 years ago
3 0

Answer: MRP is a term used in data warehousing to refer to a system that is used to process the day-to-day transactions of an organization. These systems are designed in a manner that processing of day-to-day transactions is performed efficiently and the integrity of the transactional data is preserved.

Explanation: Based on the findings from Young it showed that his management runs an inefficient system that has no accountability and modes of operation  in bench marking staff operations on a daily and monthly basis. 2. Records for business transactions should be automated to cushion fraudulent practice from staff or management.

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Answer:

B) cost of merchandise sold divided by average inventory.

Explanation:

Inventory turnover: It is a liquidity ratio that measures the number of times on average a company sold or replaced its inventory during the period. Computed as the cost of goods sold / by the average inventory on hand during the period. Analysts compute average inventory from the beginning and ending inventory balances. The ideal inventory turnover ratio is about 4 to 6, it is a rate at which restock item is well balanced with the sold inventory.

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3 years ago
In your own opinion, why do you think it is important to establish a daily job search routine?
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The answer is: because every day there is more opportunities opening up

You will never know where a company will post a job opportunities that provide better conditions or salaries compared to the job that you currently had. Because of this, you need to keep expanding your networks and setting up routine job search schedule.

5 0
3 years ago
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If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is
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Answer:

The coupon rate is the stated periodic interest payment due to the bondholder at specified times. The bond's yield is the anticipated overall rate of return. If the bond's price changes and is no longer offered at par value, the coupon rate and the yield will no longer be the same as the coupon rate is fixed and yield is a derivative calculation based on the price of the bond.

4 0
1 year ago
Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than ot
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2 years ago
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The Consumer Electronics Show (CES) reports that the HP Spectre laptop computer starts at $994.00 for a base configuration. The
e-lub [12.9K]

Answer: $1312.41

Explanation:

The following information can be depicted from the question:

Cost of HP Spectre laptop = $1353

Credit terms = 3/15, net 30

Therefore, since discount allowed is 3%, the complement of the discount rate will be:

= 100% - 3%

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Therefore, amount needed to pay will be:

= Listed price × Complement of discounts rate

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= $1353 × 0.97

= $1312.41

Therefore, the amount needed to pay is $1312.41

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