Answer:
a) 10
b) 85
Explanation:
a)
The safety stock is gotten by multiplying the standard deviation with the appropriate z value (demand and service level).
THe z coefficient of service level of 95% is 1.64
So we multiply the SD (standard deviation) with 1.64
Safety Stock = 6 * 1.64 = 9.84 = 10
b)
Now, the reorder point.
Reorder Point = Lead Time Demand + Safety Stock
It is already given that Lead TIme Demand is 75 and we found Safety Stock to be 10, so:
Reorder Point = 75 + 10 = 85
Answer:
The bad debt expense for the year is 3,000 dollars
Explanation:
We should solve for the bad debt expense with a reverse engineer on the allowance T account
Allowance
<u> DEBIT CREDIT </u>
Beginning 25,000
write-off 10,000
bad debt <u> X </u>
Ending 18,000
25,000 - 10,000 + X = 18,000
15,000 + X = 18,000
X = 18,000 - 15,000
X = 3,000
Competition is intense that in order to survive, a company must do all they can to provide local responsiveness.
<h3>What is competition?</h3>
It should be noted that competition simply means a rivalry between businesses.
In this case, researchers Bartlett and Ghoshal noted that in the modern global environment, competition is so intense that in order to survive, a company must do all they can to provide local responsiveness.
Learn more about competition on:
brainly.com/question/24877850
Answer: user
Explanation:
From the question, we are informed that Kim Nagele, senior sourcing manager at JCPenney buys tons of publication paper annually at a cost of hundreds of millions of dollars.
Based on the above scenario, we can day that Kim Nagele performs the told of an influencer, gatekeeper, buyer anr the decider. He is not a user as he is not the one using the publication paper.
Answer:
short
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
Points inside the PPF means that the economy is under utilising its resources
Points outside the PPF aren't attainable given the economy's resources
