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slava [35]
3 years ago
15

An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 da

ys, placing an order with their supplier depending on the inventory level in the closet. Once the order is placed, it takes 3 days to receive the order. The average demand for post it notes is 30 per day. This week, the manager has counted 140 post it notes in the closet. What is the Minimum Restocking Level (restocking policy) needed to cover expected demand over time without stocking out
Business
1 answer:
SpyIntel [72]3 years ago
7 0

Answer:

390 days

Explanation:

The computation of the Minimum Restocking Level  is shown below:

= Average daily demand × reorder period + Average daily demand × lead time

= 30 days × 10 days + 30 days × 3 days

= 300 days + 90 days

= 390 days

We simply added the reorder period based on average daily demand and lead time based on average daily demand so that the minimum restocking level could come

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Miller Mining, a calendar-year corporation, purchased the rights to a copper mine on July 1, Year 1. Of the total purchase price
dybincka [34]

Answer: <u>$4,500</u>

Explanation:

Equipment was purchased for $76,000.

It has an estimated useful life of 8 years.

It will be sold for $4,000 after these 8 years so that is the salvage value.

With these figures depreciation per annum is calculated with the following formula;

Depreciation per annum = \frac{Cost of Asset - Salvage Value}{Useful life}

= \frac{76,000 - 4,000}{8}

= $9,000

The Equipment was purchased on July 1, Year 1. In Year 1 therefore it will only be in use for half the year and this is what it should b depreciated in light of.

Semi-annual Depreciation = 9,000/2

= <u>$4,500</u>

7 0
3 years ago
When international companies choose a place for production facilities, ___________, ___________, and ___________ factors are all
marishachu [46]

Country-specific, technology, and product considerations are things that multinational corporations take into account when deciding where to locate their manufacturing plants.

What is strategic decision?

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Major resource proposals are made by strategic decisions for an organization. These choices could relate to acquiring new resources, organizing current ones, or redistributing others.

The alignment of organizational resource capabilities with risks and opportunities is the subject of strategic decisions.

A wide range of organizational operations are addressed by strategic decisions. It all comes down to how and what they want the organization to stand for.

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The nature of strategic decisions is complex.

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3 0
2 years ago
During the current​ year, xyzxyz company increased its variable​ sg&amp;a expenses while keeping fixed​ sg&amp;a expenses the sa
Kay [80]
<span>Of the company xyzxyz increased it's variable expenses during the current year, that means it spent more money to operate the business, even though fixed expenses remained the same. As a result, unless the company had more revenue, there has to be less profit.</span>
4 0
4 years ago
Match the terms to their descriptions. 1 . wants desires. 2 . economics amount of a good produced. 3 . needs study of production
Deffense [45]
Wants = desires
Economics = study of production, consumption, and distribution of wealth 
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Supply = amount of a good produced
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5 0
3 years ago
Dockwiller Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air con
sineoko [7]

Answer:

c. $30 per unit

Explanation:

The computation of the minimum price per unit below which the company should not accept the special order is given below:

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Therefore the option c is correct

8 0
3 years ago
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