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3 years ago

When there is probabilistic demand in a multiperiod model, the inventory level will not decrease smoothly and can fall below.

Business

1 answer:

jok3333 [9.3K]3 years ago

4 0

Answer:

b. True

Explanation:

The probablistic inventory model include demand and supply variation, it is based on the assumption that the average demand for inventory is constant over period of time. Two method are used based on frequency of order for procuring stocks:

Single period inventory system.
Multi period inventory system.

Single period inventory system are applicable for single used product or perishable goods. Here cost are analysed to avoid loss of ordering extra unit of inventory.

Multi period inventory system are applicable for orders or items which can be ordered multi time during production cycle.

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Assume that Corn Co. sold 7,600 units of Product A and 2,400 units of Product B during the past year. The unit contribution marg

Afina-wow [57]

,Answer: a. 9,450 units

Explanation:

You need to find the weighted average contribution margin for both products.

Product A

Weighted average contribution margin = Contribution margin * Units sold / Total units sold

= 34 * 7,600 / (7,600 + 2,400)

= $25.84

Product B

= 59 * 2,400 / 10,000

= $14.16

Breakeven point in units = Fixed costs/ (Weighted average contribution margin of both A and B)

= 378,000 / (25.84 + 14.16)

= 9,450 units

5 0

2 years ago

In order to break a stalemate in peace negotiations, president nixon ordered ground attacks in which country?

Alona [7]

Cambodia.. hope it helps :)

3 0

3 years ago

Read 2 more answers

A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit

Natali5045456 [20]

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

7 0

3 years ago

Suppose that in a given month $40 million is deposited into the banking system while $50 million is withdrawn. Assume that the r

vladimir1956 [14]

Answer: Money Supply Decrease of $50 million.

Explanation:

$40 million was deposited while $50 million was withdrawn.

The net change in the banking system would therefore be,

= 40 - 50

= -$10 million

($10 million ) means that more money left than came in.

The money supply can be calculated as the net change multiplied by the money multiplier.

The Money Multiplier is denoted as 1/reserve requirement.

Change in Money Supply is,

= -10 million * 1/20%

= -$50 million

Going by the negative number it means that Money Supply reduces by $50 million.

8 0

3 years ago

Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00

ser-zykov [4K]

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation of total manufacturing costs :</u>

Cost of goods manufactured 1,030,300

Add Closing Work In Process 130,000

Less Beginning Work In Process 0

Total manufacturing costs $1,160,300

6 0

3 years ago