Answer:
a. 1.51 containers
b. Fewer
Explanation:
The computations are shown below:
a. The number of containers would be
= Annual demand × time × (1 + inefficiency factor) ÷ holding pieces
= 70 × 0.75 × (1 + 0.15) ÷ 40
= 1.51 containers
The time is converted from minutes to hour i.e 45 minutes ÷ 60 minutes = 0.75
b. If the system improves, the fewer containers are required i.e 2 containers approximate because inefficiency factor got decreased
Answer:
False
Explanation:
Traditionally, department stores sold both soft goods and hard goods. But now, most department stores focus almost exclusively on soft goods.
Soft goods refers generally to clothing and other textiles like bedding and fabrics.
Hard goods refers to a broad range of products like appliances, furniture, tools, electronics, etc.
Answer:
Explanation:
Apply first discount to original price
apply next discount to discounted price
etc
Answer:
D. 321,600.
Explanation:
Present value is the current value of a future amount that is to be received or paid out.
Given:
Present value, P = $60000
Present value of ordinary annuity for the remaining 6 years = 4.36
The Present value, PV of the note is equal to the first payment + the Present value of ordinary annuity (all at 10%) of the remaining six payments
Sales revenue = $60000 + (60,000 × 4.36)
= $60000 + $261,600
= $321,600
Thus, sales revenue of $321,600.
