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Elza [17]
3 years ago
10

Decisions made during the supply chain design phase regarding significant investments in the supply chain, such as the number an

d size of plants to build, the number of trucks to purchase or lease, and whether to build or lease warehouse space, cannot be altered in the short term.
a) true
b) false
Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

The correct answer is True.

Explanation:

A good supply chain aims to maximize the profitability of the company while trying to provide the best service in order to obtain a high degree of customer satisfaction. That is why, when planning the design, it must be customer oriented and not only focused on the company.

Steps prior to the design of the supply chain

When designing the supply chain, there are several points to consider in order to obtain a coherent and functional design.

  • The members that become part of the chain. The first thing to be fixed are the members that are part of the chain, since this will be the guide to go through the rest of the steps. Within this, a subdivision could be carried out, but it is worth mentioning that an agent can be a principal or support agent jointly depending on the work to be done at each moment:
  • Principal. They are the ones that provide direct value to the product or service.
  • Of support. They are those members whose function is to provide information or resources to the main members, such as banks.
  • Structure that forms the chain, that is, all the phases through which a product / service passes in order to be marketed as such. At this point we must try to be as meticulous as possible and always add as much as possible all the phases that are involved, both in manufacturing and in supply.
  • Processes and flows that are carried out in each of the structures mentioned above.
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Cost of Quality Report
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Answer:

Cost of Quality Report

Quality Cost     Quality Cost Percent of Total       Percent of

Classification                                    Quality Cost              Total Sales

Prevention         $23,400               10.0%                   1.3%

Appraisal         $46,800               20.0%                  2.6%

Internal failure $70,200               30.0%                  3.9%

External failure $93,600               40.0%                  5.2%

Total                        $234,000            100.0%                  13.0%

percent of total sale = quality cost/$1,800,000

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3 years ago
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3 years ago
Novak corp. sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to novak corp.
Rom4ik [11]

Answer:

a. The value of ending Inventory using FIFO is $2749.

b. The value of ending Inventory using LIFO is $2667.

c. The value of ending Inventory using Average Cost method is $2713.


We have:

Date     Explanation       Units      unit cost   Total Cost


Sep-01         inv                 11              97                1067


Sep-12 purchases        44               100              4400


Sep-19 purchases         47               101              4747


Sep-26 purchases         22               102              2244


Total                                 124                                  12458


Novak sold 97 snowboards, so the number of snowboards with it at the end of September is 124 -97 = 27 units.

If Novak adopts First In First Out (FIFO) method, and 27 units are remaining, all 22 units purchased on Sept-26th and 27 -22 = 5 units from the purchases made on Sept-19th will remain in inventory.

So the value of inventory using FIFO will be (22* 102) + (5*101) = 2749

If Novak adopts Last In First Out (LIFO) method, all 11 units in inventory on  Sept-01st and 27 -11 = 16 units from the purchases made on Sept-12th will remain in inventory.

Hence inventory value using LIFO will be (11* 97) + (16*100) = 2667

We calculate the Average cost by dividing the Total Cost by total number of units purchased.

Average Cost = \frac{12458}{124} = 100.468

The value of inventory using the average cost method is 100.648 * 27 =2713.

3 0
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3 years ago
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