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3 years ago

what is the relationship between logistics and supply chain management? in what ways are they different

Business

1 answer:

Alina [70]3 years ago

8 0

Answer:

Supply chain management encompasses every parts of a product cycle from the producer to consumer, while logistics is a segment of the supply management.

Explanation:

Supply chain management has to with how flow of goods and services are managed and this comprises all procedures that help in converting raw materials into finished goods. Supply chain management sees to how raw materials, work-in-process inventory, and of finished goods are stored and moved from the producer to the final consumers. The aim of the supply chain management is to ensure customers derive maximum satisfaction and value and the company enjoy a competitive advantage in the market.

On the other hand, logistics is just one of the components of supply chain management which sees to how goods are stored and moved from the organisation to the outside. That is logistics comprises all the activities that have to do with the transportation, warehousing of goods.

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Bi-Lo Traders is considering a project that will produce sales of $44,800 and have costs of $25,700. Taxes will be $4,500 and th

Mumz [18]

Answer:

$10,700

Explanation:

Operating cash flow is computed as;

= Net income + non cash expenses - outlay in working capital

First, we'll determine the net income

Net income = Sales $44,800 - cost $27,500 depreciation expense $2,650 - Taxes $4,500

Net income = $10,150

Operating cash flow = $10,150 + $2,650 - $2,100 = $10,700

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3 years ago

The following information relates to the Jasmine Company for the upcoming year, based on 428,000 units: Amount Per Unit Sales $

inn [45]

Answer:

Increase operating profit by $772,200

Explanation:

As for the provided information,

Details for special order are as follows:

It will require no additional operating expense whether fixed or variable in nature.

Further there is an idle capacity lying, to meet the order which will not require extra fixed manufacturing cost.

Total fixed cost in cost of goods sold = $2,268,400

Therefore total variable cost in cost of goods sold = $6,848,000 - $2,268,400 = $4,579,600

Average variable cost per unit = $4,579,600/428,000 = $10.70

Therefore, if the special order is accepted, which will cost only $10.70 per unit and be sold at $20.60 per unit.

It will add to operating profits as follows:

= 78,000 $\times$ ($20.60 - $10.70) = $772,200

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3 years ago

Approximately how many public use airports in the united states have been sold outright to private ownership?

Leviafan [203]

Approximately 0 public use airports in the United States have been sold outright to private ownership.

The U.K. was the first country to fully privatize some of its major airports. Under the Airports Act 1986, the public British Airports Authority ( BAA ) was dissolved and its property, rights, and liabilities were transferred to a new company, BAA plc.

All but one U.S. commercial airport are owned and operated by public entities, including local, regional, or state authorities with the power to issue bonds to finance some of their capital needs. Airports are landlords.

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2 years ago

Creditors want to see that a company that owes them money has ______.

professor190 [17]

It should be noted that creditors want to see that a company that owes them money has assets is greater than liabilities.

<h3>Who is a creditor?</h3>

A creditor can be regarded as entity or lender who posses claim on the services of a other entity, This lender is one that someone is owing.

A creditor is usually interested in the assets of the company he's lending to, to be greater than liabilities.

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3 years ago

Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,330, current assets of $670, current li

zimovet [89]

Answer: $81.85

Explanation:

Additional Equity financing needed = Projected Assets - Projected liabilities - Projected increase in retained earnings - Current equity

Projected Assets = (Current Assets + Fixed Assets) * ( 1 + growth rate)

= ( 670 + 1,520) * ( 1.10)

= $2,409

Projected Liabilities = 360 * 1.1

= $369

Projected Increase in Retained earnings

= Sales * ( 1 + growth rate ) * profit margin

= 2,330 * 1.10 * 5%

= $128.15

Current Equity = Assets - Liabilities

= 670 + 1,520 - 360

= $1,830

Additional Equity financing needed next year= 2,409 - 369 - 128.15 - 1,830

= $81.85

5 0

3 years ago