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3 years ago

Identify a true statement about responsive supply chains.

Business

1 answer:

dimulka [17.4K]3 years ago

7 0

Answer:

d. They are supported by information technology that provides real-time information to managers across the supply chain

Explanation:

the responsive suupply chains mainly concentrate on reactive and flexible services in order to make changes as per the demands and requirements of the market.

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Next week, super discount airlines has a flight from new york to los angeles that will be booked to capacity. the airline knows

Setler79 [48]

The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is $C_u=\$134$ .

The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is $C_o=\$263$ .

$\frac{C_u}{C_u+C_o} = \frac{134}{134+263} \\ \\ = \frac{134}{397} =0.3375$

The z-score that yields a p-value of 0.3375 is -0.4193.

Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.

Therefore, super discount airlines should overbook the flight by 25 seats.

4 0

3 years ago

The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing:

Reil [10]

Answer:

20Y3

Nov. 21 :

Debit Notes receivable $66,000

Credit Accounts receivable $66,000

(To recognize notes receivable iro past due account)

Dec. 31:

Debit Interest revenue $161.33

Credit Interest receivable $161.33

(To record accrued interest on notes receivable)

Jan. 20:

Debit Cash $66,880

Credit Notes receivable $66,000

Credit Interest receivable $880

(To record payment of note and interest on Nov. 21 notes)

Explanation:

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $66,000 x 8%/12 x 2 months = $880.

Total interest expense to the Company as at December 31 is therefore $880 / 60 days x 11 days = $161.33.

8 0

3 years ago

Estimating the chance of loss associated with premature death is an objective probability.

vredina [299]

Answer:

Explanation:

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8 0

2 years ago

What does difficult to find finance mean?

WARRIOR [948]

a condition or state of affairs almost beyond one's ability to deal with and requiring great effort to bear or overcome. "grappling with financial difficulties"

4 0

3 years ago

A business provides its employees with varying amounts of vacation per year, depending on the length of employment. The estimate

natta225 [31]

Answer:

1. Vacation pay expense Dr. 3500

Vacation pay payable 3500

2. It is recorded at the company's balance sheet as the accrued liabililty at the liabilities portion.

3. The amount will be removed once the vacation pay is paid and is debited to income account.

4 0

3 years ago