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7nadin3 [17]
3 years ago
14

What are the "flows" within a supply chain, and why are they important?

Business
1 answer:
ZanzabumX [31]3 years ago
7 0

Answer:

Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

Explanation:

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Selected recent balance sheet and income statement information for The Gap, Inc. follows: (in millions) 2014 Year-end accounts p
Whitepunk [10]

Answer:

46 days

Explanation:

Given that,

Ending Accounts Payable = $1,242

Cost of goods sold = 9,855

Average accounts payable = 1,193

Payable turnover ratio = Cost of goods sold ÷ number of days

                                     = 9,855 ÷ 365

                                     = 27

Days Payable Outstanding:

= Ending Accounts Payable ÷ Payable turnover ratio

= $1,242 ÷ 27

= 46

Therefore, the payable days outstanding for 2014 is 46.

7 0
3 years ago
Janice plans on pursuing a teaching degree in college. Her only option for funding her college education is to apply for loans.
vazorg [7]
A because  a lot of times depending on your degree they will automatically give you loan forgiveness, espicially going into a high attending job such as teaching.
7 0
3 years ago
In a bottle-manufacturing company, employees were divided into two teams, hoping to increase production by fostering competition
dalvyx [7]

Answer: synergy

                             

Explanation:   Synergy refers to the idea that the total value and output of two groups of individuals should surpass the total of that same individual components.

Synergy is really a concept most frequently used within mergers and acquisitions (M&A). Synergy is most often a driving factor underneath a merger, or the possible financial gain gained through the combination of businesses.

Stockholders will profit if, owing to the synergistic impact of the transaction, the post-merger stock price of a corporation rises. The projected savings gained through the merger can be linked to various factors such as higher revenues, shared expertise, and innovation, or reduced costs.

6 0
4 years ago
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If
JulijaS [17]

Answer:

C) $500

Explanation:

First we must determine the money multiplier = 1 / reserve ratio:

  • money multiplier = 1 / 20% = 5

The bank's checkable deposits originally increase by $100, and since it will be able to lend all the money it can, $80, its checkable deposits will also increase by $80 x 5 (money multiplier) = $400.

So the total increase in the bank's checkable deposits = $100 (original deposit) + $400 (money created through loans) = $500

4 0
3 years ago
Garage corp. uses a traditional production environment. its competitor uses lean production and just-in-time (jit) manufacturing
Rus_ich [418]
Garage corp. uses a batch-and-queue or batch-and-wait production system wherein the sub-assembly or the partially completed product is move to the work-in-progress (WIP) location, the next department to take it from WIP location, perform an operation on them and then forward the resulting work into the next WIP location to wait once again. This procedure continuous until the final product is completed. Using this system, the Garage corp. produces and maintains large inventories since it drives products to lower average unit cost, so they need to produce more products and the more products produced, the greater the inventory asset. They will produce products of low quality since workers in traditional production do not have major responsibility for quality control during their work. They strive for efficiency which means producing the best yield at the lowest cost from the available resources but in the expense of effectiveness which is the degree where an objective or target is met. It is doing something right but not doing it right. And lastly they have an information loss between its organizational areas because they operate in a disconnected manner with little integration and communication.
3 0
3 years ago
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