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3 years ago

Costco is an example of _______ warehouse. Group of answer choices Hub and spoke system Assortment Spot stock Break bulk

Business

1 answer:

Ivanshal [37]3 years ago

4 0

Answer:

Hub and spoke system

Explanation:

Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.

They aim to reduce warehousing cost for small and medium scale businesses.

In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.

It is also called the master feeder structure.

Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.

This system reduces the travel time and therefore is more efficient with lower cost

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A local coffee shop is known for poor customer service and an unclean, dirty environment. These factors would be classified as _

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Answer: Weakness

Explanation:

A SWOT analysis is a type of situation report where a company's internal strengths and weaknesses and external opportunities and threats are considered.

The local coffee shop has weaknesses of poor customer service and dirty environment which can be identified in a SWOT analysis.

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3 years ago

You are the CFO of a publicly-traded company in a very competitive industry. You are preparing the annual report and SEC filings

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3 years ago

The decision to make or buy a good or service is:_________. a. a one-time decision never to be reconsidered. b. the same as deci

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Answer:

a decision of strategic importance that deserves careful evaluation.

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3 years ago

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3 years ago

MacDonald Products, Inc., of Clarkson, New York has the option of (a) Proceeding immediately with production of a new top-of-of-

Slav-nsk [51]

Answer:

The EMV for option a is $4,971,200

The EMV for option b is: $6,101,600

Therefore, option B has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

(a) Proceeding immediately with production of a new top-of-of-the-line stereo TV that has just completed prototype testing.

The firm can expect sales to be 110,000 units at $520 each, with a probability of 0.68 and a 0.32 probability of 65,000 at $520. So:

$EMV = 0.68*E_{1} + 0.32*E_{2}$

$E_{1}$ are the earnings of selling 110,000 units at $520 each. So:

$E_{1} = 110,000*520 = 5,720,000$

$E_{2}$ are the earnings of selling 65,000 units at $520 each. So:

$E_{1} = 110,000*520 = 3,380,000$

The EMV for option a is:

$EMV = 0.68*E_{1} + 0.32*E_{2} = 0.68*5,720,000+0.32*3,380,000 = 4,971,200$

(b) Having the value analysis team complete a study

The firm expets sales of 90,000 units at $760, with a probability of 0.72 and a 0.28 probability of 60,000 units at $760. Value engineering, at a cost of $100,000, is only used in option b. So:

$EMV = 0.72*E_{1} + 0.28*E_{2} - 100,000$

$100,000 is a cost, so it is subtracted.

$E_{1}$ are the earnings of selling 90,000 units at $760 each. So:

$E_{1} = 90,000*760 = 6,840,000$

$E_{2}$ are the earnings of selling 60,000 units at $760 each. So:

$E_{2} = 60,000*760 = 4,560,000$

The EMV for option b is:

$EMV = 0.72*E_{1} + 0.28*E_{2} - 100,000 = 0.72*(6,840,000) + 0.28*( 4,560,000) - 100,000 = 6,101,600$

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3 years ago