B. Understanding what you want!
A Purchasing Specialist is sometimes referred as a 
This is because they're responsible for purchasing/procuring supplies.
They relatively have the same roles, however, occasionally referred to by different names.
Therefore, all of the possible referred answers are going to be correct.
The only differences are going to be the names.
Answer:
Explanation:
Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days
Daily usage = 800 feet / day
Lead time = 6 days
Desired service level = 95%
Risk level = 1-0.95 =0.05
safety stock at 0.05 = 1800
Reorder point = expected demand in (LT) + safety stock
= (800*6) + 1800
= 4800+1800 = 6600 feet.
Answer:
productivity of labor increased by 16.24% in May respect to April
Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated
Explanation:
April productivity:
revenue $90,000
labor used: 40 x 6 + 25 x 4 = 340
productivity of labor:
90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue
May productivity:
revenue 80,000
labor used: 40 x 6 + 2 x 10 = 260
productivity:
80,000 / 260 = 307,6923 = 307.69
each hour of labor gneerated $307.69 dollar of revenue
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<em><u>percentage change</u></em>
307.69/264.70 - 1 = 0,16241
Answer:
$3.04
Explanation:
F = (K - F0)*e^(-r*T) <em>Where f = current value of forward contract, F0 = forward price agreed upon today, K = delivery price for a contract negotiated, r = risk-free interest rate applicable to the life of forward contract, T = delivery date</em>
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F = ($49.25-$46.00)*e^(-0.0665*12/12)
F = $3.25*e^(-0.0665)
F = $3.25*0.935662916
F = $3.040904477
F = $3.04
So, the value of the short forward contract is $3.04.
