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Brrunno [24]
3 years ago
6

ADR purchases wood screws from a local representative. The local rep visits the shop once every 3 weeks (21 days). When he arriv

es he counts the number of boxes of wood screws in inventory and works with the inventory manager to place an order that day. The screws are shipped from a local distribution center. The average daily demand, lead time, safety stock, and on hand inventory are provided below. How many boxes of screws should ADR order
Business
1 answer:
anygoal [31]3 years ago
6 0

Answer: Attached below is the missing data related to your question

answer :  66 boxes

Explanation:

<u>Determine the number of boxes of screws that ADR should order </u>

we can determine the number of boxes by applying the relationship below

Q ( quantity of boxes ) = d ( T + L ) + SS - I   ------ ( 1 )

where: d = 2 ( average daily demand )

           T = 21 ( frequency of visit by local rep )

           L = 4 ( lead time )

           SS = 20  , I = 4

back to equation 1

Q = 2 ( 21 + 4 ) + 20 - 4

   = 2 ( 25 ) + 16

   = 50 + 16 =  66 boxes

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Answer:

The correct answer is $47,596.2.

Explanation:

According to the scenario, the given data are as follows:

Total amount (P)= $46,000

Rate of interest = 5.2%

Time period = 8 months

So, rate of interest for 8 months (r) = 5.2% × 8 ÷ 12 = 3.47%

Time period (t)= 1

So, we can calculate the Joe loan repayment value by using following formula:

Loan repayment value = P × ( 1 + r)^t

= $46,000 × ( 1 + 3.47%)^1

= $46,000 × ( 1.0347)^1

= $47,596.2

8 0
4 years ago
Assuming that the total manufacturing costs are $3,400,000, compute the cost of goods manufactured using the information below.
kirill115 [55]

Answer:

c. $ 3,409,000

Explanation:

Computation of cost of goods manufactured

The cost of goods manufactured is calculated by adjusting the opening and closing work in process balances to the total manufacturing input

Total manufacturing input                                                          $ 3,400,000                                                                            

Add: Opening work in process                                                 $        27,000

Less: Closing work in process                                                 <u> $ (       18,000)</u>

Cost of goods manufactured                                                 $   3,409,000  

The cost of goods manufactured is determined by the total of the input and adding the differnce in opening and closing work in process balances.                

5 0
3 years ago
Pedro was tasked with creating the marketing message for the company’s new product line. Before he begins to craft his marketing
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Explanation:

The American Marketing Association, the official organization for academic and  professional marketers, defines marketing as:

"Marketing is the process of planning and executing the conception,

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Marking is all about Understanding What Customers Value  and how to provide it to them.

6 0
3 years ago
Read 2 more answers
Which of the following statements generates the greatest amount of disagreement among economists? a. Increases in the money supp
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Answer:

d. Government should use fiscal policy to try to stabilize the economy.

Explanation:

Suggesting that the government should use fiscal policy to try to stabilize the economy generates the greatest amount of disagreement among economists because the process of implementing fiscal policy usually experiences lag as it is being slowed down by the political system (bureaucracy) of checks and balances.

Fiscal policy is the use of government expenditures, revenues and tax policies to influence macroeconomic conditions such as employment, inflation and Aggregate Demand (ADl in a specific country.

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3 years ago
For its fleet of trucks, Overland Transport, Inc., purchased 580 tires rated at 50 pounds each. The tires had a retail price of
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Answer:

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These can be be calculated as follows:

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Total sales tax = Number of tire purchased * Sales tax per tire = 580 * $3.825 = $2,218.50

Therefore, the amount of sales tax per tire is $3.825 and the total sales tax is $2,218.50.

4 0
3 years ago
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