Amsterdam Company uses a periodic inventory system. For April, when the company sold 700 units, the following information is ava
ilable. Units Unit Cost Total Cost
April 1 inventory 250 $13 $3,250
April 15 purchase 400 15 6,000
April 23 purchase
35017 5,950 1,000 $15,200
Compute the April 30 inventory and the April cost of goods sold using the average cost method. (Round computations for cost per unit to 2 decimal places, e.g. 10.25 and answers to 0 decimal places, e.g. 2,250.)
Business optimization refers to the procedure of evaluating an enterprise's effectiveness, competitiveness and success and seeking ways of improving that behavior. It is considered a natural methodology of administration which can be seen as a practice of calculation, change, and measurement.
In other words, Business process optimization refers to the method of enhancing procedures by growing the operational performance. This is a part of business systems integration (BPM) framework. Integrated processes contribute to business objectives which are optimized.
