1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aivan3 [116]
3 years ago
7

Demand is forecast for the next five months as 200, 300, 500, 300, 200. If the production planner decides to adopt a level strat

egy over the next five months, what quantities of products should be produced?
Business
1 answer:
Eduardwww [97]3 years ago
4 0

Answer:

The quantities of products that should be produced each month are:

300, 300, 300, 300, and 300 respectively.

Explanation:

a) Data and Calculations:

Production Scheduling Based on Level Strategy:

                                  Month 1  Month 2  Month 3  Month 4  Month 5  Total

Beginning Inventory         0         100         100           -100        -100             0

Production                    300        300         300           300        300      1,500

Forecast Demand        200        300         500           300       200       1,500

Ending Inventory          100         100         -100          -100            0              0

b) The implication is that the firm will be running in shortage for two months within the five months period.  This is not ideal to meet customers' demands.  It appears very costly with the holding and shortage costs throughout the period.

You might be interested in
An employer instituted a wellness program for all employees. The wellness program includes an exercise facility and several pay
Airida [17]

Answer:

Option "B" is the correct answer to the following statement.

Enlightened Self-interest School.

Explanation:

Enlightened self-interest is an ethical principle which states that individuals who act to promote the interests of everyone else, or the interests of the group or groups to something that they belong, inherently act in their interests.

  • Employee wellness programs are plans, about health insurance, a form of medical benefit that many workers provide – in one sort or the other.
  • Defining a wellness program is a system to help employees remain healthy, or helps them improve their quality of life in some cases.
8 0
3 years ago
Without buying points, a monthly mortgage payment will be $958. Buying 1 point at closing would reduce the payment to $948. 75.
d1i1m1o1n [39]

The time taken to break even at buying 1 point will be in<u> 9 years</u>.

Given,

  • Monthly mortgage payment =$958
  • Monthly payment will be reduced to buy 1 point =$948.75
  • Cost of each point =$1,000

Computation:

1. The computation of the reduced amount in the monthly mortgage payment:

\begin{aligned}\text{Reduced Amount}&=\text{Original Payment}-\text{Reduced Payment}\\&=\$958-\$948.75\\&=\$9.25\end{aligned}

2. The computation of yearly mortgage payment:

\begin{aligned}\text{Yearly Mortgage Payment}&=\text{Reduced Amount}\times\text{Total Months in a Year}\\&=\$9.25\times12\\&=\$111\end{aligned}

3. The computation of the number of years for the break-even by buying 1 point:

\begin{aligned}\text{Number of Years}&=\dfrac{\text{Cost of Point}}{\text{Amount og Yearly Mortgage Payment}}\\&=\dfrac{\$1,000}{\$111}\\&=9.00\;\text{Years}\end{aligned}

Therefore, to break even by buying 1 point the holder requires 9 years to reach.

To know more about mortgage payments, refer to the link:

brainly.com/question/1542555

4 0
2 years ago
Corporation sold laser pointers for $ 20 each in 2017. Its budgeted selling price was $ 24 per unit. Other information related t
Nonamiya [84]

Solution

                                     Flexible           Actual          Budgeted

Unit sold                      27,800 units   27,800 units     28,100 units

                                       $                      $                           $

Sales price                  $ 24                  $ 20                   $ 24

                                 ----------------------------------------------------------

Total Revenue         667,200          556,000           674,400

Variable costs           55,600             112,000            56,200

                                                                                                                                                                                                          ($2 ×28,100)

                                 ------------------------------------------------------------

Contribution margin  611,600             444.000            618,200

Fixed costs                 52,000               54,000             52,000

                                    ---------------------------------------------------------- Operating Income     559,600         390,000           566,200

                                    ----------------------------------------------------------

Total cost                   107,600          1.66,000              108,200

cost per unit

(Total cost ÷ total units)   3.87                5.97                     3.85

5 0
3 years ago
Beachside Co. sells two products, Skis and Snorkels. Last year Beachside sold 12,600 units of Skis and 23,400 units of Snorkels.
sasho [114]

Answer:

Weighted average selling price= $94

Explanation:

Giving the following information:

Sales in units:

Skis= 12,600

Snorkles= 23,400

Total= 36,000

Product: Unit Selling Price

Skis= $120

Snorkels= $80

We need to calculate the weighted average selling price per unit for the company as a whole.

<u>First, we need to calculate the participation of each product on sales:</u>

Skis= 12,600/36,000= 0.35

Snorkles= 23,400/36,000= 0.65

Weighted average selling price= (0.35*120) + (0.65*80)= $94

8 0
3 years ago
In the United States, if the price of imported oil rises so that the prices of gasoline and heating oil rise, then the a. consum
Jet001 [13]

Answer: a. consumer price index rises much more than does the GDP deflator.

Explanation:

The Consumer Price Index is a measure of inflation. It shows the change in the prices of a basket of goods over a period of time. If the prices of gasoline and heating oil rise, this basket will be affected and so Consumer Price Index (CPI) will increase.

GDP deflator on the other hand, adjusts the nominal GDP to a Real GDP measure. Not everything will increase in price in the country as a result of oil going up so GDP will not change by much which would limit the increase in the GDP deflator.

The CPI will therefore rise more than the GDP deflator.

8 0
3 years ago
Other questions:
  • A customer owns 210 shares of ABC common stock. ABC declares a rights offering, with the terms being that for every 20 rights te
    10·1 answer
  • An increase in investment shifts the ae curve upward by an amount equal to the​ ______, and shifts the ad curve rightward by an
    5·1 answer
  • Jason is conducting research to better understand how consumers respond to the atmosphere and environment in restaurants. He vis
    7·2 answers
  • Anupam's company manufactures industrial ladders. He is concerned that consumerswho do not understand ladder safety will purchas
    7·1 answer
  • When writing solicited application letters? __________.
    8·1 answer
  • Sigmund Jewelers creates inexpensive costume necklaces, bracelets, and rings. As a way to save costs on sending out these small
    6·1 answer
  • The school production of​ 'Our Town' was a big success. For opening​ night, 501 tickets were sold. Students paid ​$3.00 ​each, w
    14·1 answer
  • Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster. To determine customer opini
    5·2 answers
  • Dividing tasks among the most well-trained employees is called *
    11·1 answer
  • _____ is a career typically requiring a certificate from a vocational school program.
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!