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Aleks04 [339]
4 years ago
9

Goods arrive when needed for production, use or sale rather than sitting in storage

Business
1 answer:
igor_vitrenko [27]4 years ago
6 0

Answer:

Just-in-time inventory management strategy

Explanation:

Just-in-time (JIT) is an inventory management approach where materials are availed when they are needed in the production process. Under this strategy, there is no storing of materials in a store. An organization will have minimal or nil inventory levels. The purchasing of materials is planned to coincide with the production process.

JIT requires accurate forecasting of production requirements. It needs reliable suppliers able to supply materials as ordered. The production process is demand-driven. The business manufactures the quantities to be sold then, as there is no storage of finished products. JIT increases efficiency by cutting down inventory management costs and wastage associated with inventory storage.

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The following information applies to the questions displayed below) Serendipity Sound, Inc., manufactures and sells compact disc
OlgaM077 [116]

Answer:

  1. $25.50
  2. 90,000 units
  3. 140,000 units

Explanation:

1. Current contribution margin ratio

= (Selling price - Variable cost)/ Selling price

= (25 - 19.8) / 25

= 0.208

New Direct labor = 5.0 * ( 1 + 8%)

= $5.40

New variable cost = 19.8 + 0.4 = $20.20

To maintain 0.208

0.208 = (Selling price - 20.20) / Selling price

0.208 * Price = Price - 20.20

0.208Price - Price = -20.20

-0.792Price = -20.20

Price = -20.20/-0.792

Price = $25.50

2. Breakeven = Fixed Cost / Contribution Margin

Contribution Margin = Selling price - Variable cost

= 25 - 19.8

= $5.20

= 468,000/5.2

= 90,000 units

3. To earn $260,000;

= (Fixed Cost + 260,000) / Contribution margin

= (468,000 + 260,000) /5.2

= 140,000 units

6 0
3 years ago
What is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period
Ivenika [448]

Answer: $18984.9

Explanation:

Your question isn't complete as you didn't give the interest rate. Let's assume that the interest rate is 12%.

Therefore, the present value will be:

= 3000 + 3000[1 - (1 + 0.12)^-10+1] / 0.12

= 3000 + (3000 × 5.3283)

= 3000 + 15984.9

= 18984.9

Therefore, the present value is $18984.9

4 0
3 years ago
Which of the following is an example of a capital resource
Sever21 [200]
<span>You didn't provide examples, but since capital resources are resources made so as to have them make other things, you could say that capital resources are things like machinery for building things, or machinery created in order to create food, or basically anything whose purpose is to make other things. Most basic things that belong to that domain are tools like a hammer or a screwdriver.</span>
4 0
4 years ago
I’m 15 Years Old I Need A Job Changing Baby Girl Poop Diapers Do Any Of Y’all Know Where There Is A Place Where They Allow 15 Ye
Cloud [144]

Explanation:

you can come to India I think here you will get it

3 0
2 years ago
A marginal external cost of a product is equal to
Lyrx [107]

Answer:

the answer is D hope that helps you out

4 0
3 years ago
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