<u>Solution and Explanation:</u>
<u>As per the given data:</u>
Quarter 1 = 90000, Quarter 2 = 90000, Quarter 3 = 60000, Quarter 4 = 140000
a. Quarterly production rate is calculated as follows:
Q = ( 90000 + 90000 + 60000 + 140000 ) divide by 4
after calcualting the above equation, we get, = 95000 gallons per quarter tin order to meet the demand.
b. Anticipation inventory:
1 st quarter = 95000 minus 90000 = 5000 gallons
2 nd quarter = 95000 minus 90000 = 5000 + 5000 in prior quarter = 10000 gallons
3 rd quarter = 95000 minus 60000 = 35000 + 10000 in prior quarters = 45000 gallons
4th quarter = 140000 minus 450000 minus 95000 = 0 gallons.
Answer:
d. overestimate the extent of inflation because it uses fixed weights and ignores substitution of lower priced items for higher priced items
Explanation:
The CPI tends to overestimate the extent of inflation because it uses fixed weights and ignores substitution of lower priced items for higher priced items
Answer:
Chain of Command and Unity of Command
Information and Intelligence Management
Explanation:
Chain of Command dives into the hierarchical structure of the organization and Unity of Commands refers to the fact that every individual has a designated supervisor that they report to. This is supported by the information given because you report to the Planning Section Chief.
On the other hand, because you are producing maps you support the Information and Intelligence Management which deals with "gathering, analyzing, assessing, sharing, and managing incident-related information and intelligence."
For more information check the following page: https://emilms.fema.gov/IS100c/groups/133.html
Answer: All of the other answer choices are true.
Explanation:
FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.
The following are true regarding the FIFO method:
• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.
• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.
• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.
Therefore, the correct option is D as all are true.
