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GREYUIT [131]
3 years ago
9

A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic

data and inventory systems that are called:
a. quick response and efficient consumer response delivery systems
b. minimum-inventory systems
c. Web-based response systems
d. order replenishment systems
e. speedy systems
Business
1 answer:
Valentin [98]3 years ago
6 0

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

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January 1 of this year, a Company completed the following transactions (assume a 9% annual interest rate):
Stells [14]

Answer:

The cost of the truck that should be recorded at the time of purchase is $46,639

Paying installment is the best option

Explanation:

In order to Calculate the cost of the truck that should be recorded at the time of purchase we need find out present value of future amount of 60,400 with the following formula:

PV=FV/(1+i)^n

FV = Future value

i = interest rate

n = No of years

By applying the formula = 60,400/(1+.09)^3

PV= $46,639

Therefore, $46,639 should be recorded as a cost of truck.

Paying installment is better option than paying lump sum amount of $28,400 as present value of installment method ($26,322 as per below table) is less than immediate payment amount.

PV of installment method

Year          installment method          PV Factor            PV

1                        10,400                             0.917              9,537

2                       10,400                             0.842             8,757

3                       10,400                             0.772             8,029

                                                                 Total              26,322

3 0
3 years ago
The​ Mini-Case "Pay-for-Delay​ Agreements" states that some incumbent producers of drugs with expiring patents paid potential ge
kherson [118]

Answer: charge a monopoly price

Explanation:

Patents provide an exclusive right to the firm in the production and sale of a drug. This provides the firm exclusive market power to decide the price and the quantity and therefore the firm is able to charge a monopoly price and also earn monopoly profits.

When an existing patent expires and the generic producers enter the market, the price reduces due to an increase in the supply of the erstwhile patented drug. This will reduce the monopoly profit of incumbent producers. Therefore, they will seek to deter the entry of generic drug makers in order to safeguard their monopoly profits and price.

Therefore, incumbents were willing to give enough to potential entrants so as to make them delay entry to charge a monopoly price.

The effect of the 2013 Supreme Court decision allowing legal action against these companies is increase in the cost of pay-for-delay agreements and also reduce incumbent profits from these agreements.

8 0
3 years ago
Sociologists use the term ____ to describe how corporations now dominate the global economy.
nirvana33 [79]
B. Corporate capitalism<span> 

</span>Corporate capitalism is the term used by sociologists to describe a capitalist market place where corporations dominate the global economy.
6 0
3 years ago
Read 2 more answers
The City of Wolfe has issued its financial statements for Year 4 (assume that the city uses a calendar year). The city’s General
s344n2d4d5 [400]

Answer:

A, $385,150

B.$799,750

Explanation:

A. Particulars :::::::::::::::::::::::::::::::::::Amount

General Fund:::::::::::::::::::::::::::::$1,053,000

Less:

EducationExpenses:::::::::::::::::::$ $748,000

Parks:::::::::::::::::::::::::::::::::::::::::::$151,000.

___________________________________

General fund bal::::::::::::::::::::::::::$154,000

Add:

Capital funds:

Art museum Revenue::::::::::::::::$54,000

__________________________________

Finanical bal:::::::::::::::::::::::::::::$208,000

Net changes statement

Particulars :::::::::::::::::::::::::::::::::::Amount

General Fund:::::::::::::::::::::::::::::$1,088,250($1,053,000+$35,250)

Less:

EducationExpenses:::::::::::::::::::$ $748,000

Parks:::::::::::::::::::::::::::::::::::::::::::$151,000.

___________________________________

General fund bal::::::::::::::::::::::::::$189,250

Add:

Capital funds:

Art museum Revenue:::::::::::::::$108,500=$54,000 +$54,500

Equipment::::::::::::::::::::::::::::::::$25,400($31,750/5=$6350, $31,750 - $6350)

__________________________________

Captial bal:::::::::::::::::::::::::::::$133,900

Add

Enterprise Fund ::::::::::::::::::: $62,000

________________________________________

Correct overall change::::::::::::$385,150

__________________________________

___________________________________________________________________________________

b)Education had net expenses of $748,000 +$31,750=$779,750.

5 0
3 years ago
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $62,600
VikaD [51]

Answer:

$2,630

Explanation:

First we calculate the estimated amount that would not be collected. This is 1% of Credit Sales.

148,000 x 1% = $1,480

Then we add the estimated amount with the amount written off as receivables uncollected for the Year 2. As shown below:

1,480 + 1,150 = $2,630

Hence, the amount of uncollectible accounts expense recognized in the Year 2 income statement will be $2,630.

6 0
3 years ago
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