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Lunna [17]
3 years ago
15

Q 6.3: Hanson Technology is a computer manufacturer. For years, Hanson has relied on the JIT inventory method. However, due to n

umerous recent stockouts by Hanson’s suppliers, Hanson’s management has decided to transition to the traditional inventory method. How will Hanson’s inventory levels change as a result of this switch?
Business
1 answer:
Taya2010 [7]3 years ago
6 0

Answer:

The answer is: Their inventory levels will increase

Explanation:

When companies use the Just in Time (JIT) they reduce their ordinary inventory to a minimum level, without any safety stock and that help them lower costs and improve their efficiency.

Since Hanson is changing from the JIT inventory system to a more traditional inventory system, their inventory levels should increase to include certain safety stock levels.

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A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries
Mkey [24]

Answer:

a. 32 refrigerators

b. 29 refrigerators

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{500}\times \text{\$100}}{{\$500 \times 20\%}}}

= 32 refrigerators

b. Now the reorder point is

= Annual demand ÷ total number of days in a year × lead time + (service level × standard deviation for the lead time)

= 500 units ÷ 365 days × 7 days + (1.90 × 10 units)

= 9.59 + 19

= 29 refrigerators

4 0
4 years ago
With good internal​ controls, the person who handles cash can also
Nitella [24]

Answer: None of the above.

Explanation:

The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.

The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.

Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.

3 0
4 years ago
Beautiful Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follo
mr_godi [17]

Answer:

Option (A) is the correct answer to this question.

Explanation:

The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.

However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.

Accordingly, the gross operating profits should have been

= Total operating expenses -  ( $ 38000 - $ 32000)  

= $ 55000 - ( $ 38000 - $ 32000)

= $ 55000 - $ 6000

= $ 49000

There is also a fall of $6000 ($55000-$49000) in operating profits.

Other options are incorrect because they are not related to the given scenario.

7 0
3 years ago
You are the IT project leader for Baker Manufacturing Company and have been assigned the task of leading a project team to desig
Valentin [98]

Answer:

to design and implement a new global IT infrastructure between the Baker Manufacturing Company data centers, I will need a Business  Analyst , web developer, Software Engineer , Data processor, Front end and back end developers, UI/UX personnel, Cyber security specialist, networking engineer, maintenance engineer, testers, marketers and Administrative officer.

Explanation:

The personnel outlined above will fit into the following sub units that will facilitate a seamless leadership on my end.

  • Production: To design and create a new global IT infrastructure, the services of a web developer, software engineer, front end and back end developers, UI/UX personnel will come in handy.
  • Operations : the supporting activities that efficiently maintain the IT infrastructure will be handled by Data processor, cyber security specialist, networking engineer and maintenance engineer.
  • Administration : to ensure implementation and evaluation of the business’s plans/operations, i will supervise the project with an administrative officer supporting me.
  • Marketing/sales: After the first draft, Testers and marketers will be deployed to effectively generate qualified leads and give us feedback/evaluation before we can adopt the design and make it ready for presentation.

References:  (june 29, 2018 "the ideal structure for IT project team" https'//www.ciorsc/com)

7 0
3 years ago
Jack recommends his new keurig coffee machine to his friend jill. jill buys her own keurig and loves it - studies show that she
Elza [17]
The effect that could be called to the given scenario above is the referral marketing. The referral marketing is a way of being able to promote products to customers, specifically new, with the use of referrals. It could be seen above as after Jack recommended it to Jill, Jill will now refer the product that she loves to another person that could be a potential new customer.
8 0
3 years ago
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