All categories

3 years ago

Service levels are reported accurately is an example of which control

Business

1 answer:

seropon [69]3 years ago

7 0

Answer:

Service level measures the performance of a system. Certain goals are defined and the service level gives the percentage to which those goals should be achieved. Fill rate is different from service level.

Examples of service level:

Percentage of calls answered in a call center.

Percentage of customers waiting less than a given fixed time.

Percentage of customers that do not experience a stockout.

Percentage of all parts of an order being fulfilled completely

(Explanation) if one component part of an order is not filled the Service Level for that order is Zero, If all the component parts of an order are delivered except one is filled at 51%, the service level for that order is 51% (This system is often used in supply chain delivery to manufacturing), This is a very different from a simple order fill measurement which does not consider line items on the order.

Explanation:

thank me later

You might be interested in

Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,00

lina2011 [118]

Answer:

2.12 years

Explanation:

The calculation of the payback period is given below:

<u> Year CF Cumulative CF </u>

0 $(1,450,000) $(1,450,000)

1 640,000 (810,000)

2 715,250 (94,750)

3 823,330 728,580

4 907,125 1,635,705

Now payback period is

= 2 + ($94,750 ÷$823,330)

= 2.12 years

7 0

3 years ago

John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value is $350,000. His real estate

Mumz [18]

Answer:

Market value

Explanation:

The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.

In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.

Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.

8 0

3 years ago

Express one particular cost issue that you have seen as a project manager or team member that affected the project either positi

Liula [17]

Answer:

one particular cost issue that I noticed as a team manger is the inability to keep our budget in line due to additional costs that kept coming up intermittently. This cost issue almost cost us the entire project.

Explanation:

At the execution phase of the project I was managing, additional costs that needed immediate attention drove us to emergency mode at a point with a huge budget overrun that pushed us to the brink of project shutdown.

To rectify the issue, I called for a meeting with my team and the following steps were taken

we extended the time for the completion of the project.
Requested for the services of a professional accountant to prepare a comprehensive budget that will give cater for emergencies.
We developed good processes and habits will help significantly reduce the likelihood that your project budget will turn into a catastrophe such as weekly reviews.

4 0

4 years ago

To say that "the U.S. public debt is mostly held internally" is to say that:_______ a. the bulk of the public debt is owned by U

Triss [41]

Answer: The correct answer is "a. the bulk of the public debt is owned by U.S. citizens and institutions.".

Explanation: To say that "the U.S. public debt is mostly held internally" is to say that:<u> the bulk of the public debt is owned by U.S. citizens and institutions.</u>

5 0

4 years ago

Decision #2: Planning for Retirement Erich and Mallory are 22, newly married, and ready to embark on the journey of life. They b

Wittaler [7]

Answer:

The second investment will provide the highest amount of money.

Explanation:

Giving the following information:

Option A:

They had been thinking that they would wait at least 10 years and then start investing $3000 per year to prepare for retirement, 35 years later.

Option B:

They put $3000 per year away for the next 10 years - and then simply let that money sit for the next 35 years without any additional payments.

We will assume an interest rate of 10%.

For option A, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3000*[(1.10^35)-1]}/0.10= $813,073.11

For option B, first, we need to determine the 10 years investment:

FV= {3000*[(1.10^10)-1]}/0.10= 47,812.27

Now, we calculate the 35-year investment with the following formula:

FV= PV*(1+i)^n

FV= 47,812.27*(1.10^35)= $1,343,641.30

7 0

3 years ago