Answer:
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3. The goal of inventory management is to have the right ______, in the right _______, at the right _______.
A. product, range, season
B. price, place, supplier
C. price, range, season
D. product, place, time
4. A supply chain with a distributor has more product handling than one without a distributor. True or False?
5. Lead time is a way to measure the availability of inventory. True or False?
6. Expected profit is a direct measure of how well a company serves its customers. True or False?
7. Demand is modeled with a normal distribution that has a mean of 300 and a standard deviation of 50. What is the probability that demand is 400 or less?
A. 97.7%
B. 95.4%
C. 47.7%
D. 2.3%
Explanation:
Answer: soft money
Explanation:
Hard money and soft money are just ways by which several kinds of currencies are being described. While hard money simply refers to coins, soft money is used to refer to the paper currencies.
Soft money can also refer to the cash that is being given to a particular political party that has no limits being attached. It is the money that interests can spend on behalf of candidates without being restricted by federal law.
Answer:
False
Explanation:
The given statement is false Financial reports does not provide information that can reduce investors uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.
Financial report of a company contains balance sheet, income statement and discussion of the management. It also indicate company's financial health and earning potential. But it cannot reduce the risk of investors uncertainty.
Answer:
Explanation:
1) False. As depreciation is a process of cost allocation, not asset valuation.
2) True.
3) False. As the book value is different from market value and it can be more or less.
4) False. As depreciation applies only to building and equipment.
5) False. The correct statement ought to be depreciation does not apply to land because its usefulness and revenue-producing ability generally remain intact over time.
6) True.
7) False. Recognizing depreciation on assets results in an accumulation of cost for replacement of the asset.
8) True.
9) False. Accumulated depreciation is recorded in a balance sheet while depreciation expense is reported in the income statement.
10) False. As salvage value is the same as residual value, hence, it three factors affect the computation of depreciation.
Answer:
$3693 million
Explanation: The materials used in the primary stage of production is called
raw materials. These are the basic materials used for production.
.
Raw material used is the amount of raw materials consumed by the entity
in a specific period , generally a year .
.
Raw materials used = begining invetory + purchased inventory - ending invetory
therefore,
Raw materials used = $902 million + $3646 million - $855 million
= $3693 million
