Answer:The extra cost is$ 0.72
Explanation:
Using the formula √2DCO/CC
Where CO = ordering cost per order
D = Demand per annum
CC = carrying cost or holding cost per annum
Demand = 1000*52 = 52,000 per annum
ordering cost = $15 per order
Holding Cost = 15/100*52,000 = 7,800 per annum
√2DCO/CC
√2*15*52,000/7,800
√1,560,000/7,800
√200
= $14.14
Extra Cost wiil be
900*52 = 46,800 per annum
√2*15* 46,800/7,800
√1,404,000/7,800
√180
13.42
Therefore the extra cost is
14.14 - 13.42
= $0.72
Answer:
Geographic departmentalization
Explanation:
Departmentalization is a process of grouping activities, jobs and people in an organization into departments.
<u>When an organization has its clients located in different regions of a country, it is best to adopt the </u><u>geographic departmentalization</u><u>.</u>
This involves grouping the its activities based on geographic territory, so it can <u>maintain better control</u> and <u>provide products and services that specifically suit the needs of its clients in each region or territory.</u>
Answer:
Conceptual framework
The modern world is an OLRT (On-Line Real Time) world. The days of prolonged waiting for a report on the performance and financial position of a business are past. Time is money and time is limited. Information should be available as events occur because one event can mean the difference between success and failure.
The problem poses three questions and expects answers. The answers to all three questions are in the affirmative:
Financial information would be more useful, more relevant and more reliable in an OLRT electronic, paperless world
The knowledge management system should help an organization to:
- promote innovation
- improve customer service
- increase revenue by reducing the delivery time
- improve employee retention rates through reward
<h3>What is a
knowledge management system?</h3>
This refers to the information system that stores and retrieves knowledge to improve understanding and collaboration of the business process.
Hence, the system is expected to promote innovation, improve customer service, increase revenue by reducing the delivery time, improve employee retention rates through reward.
Read more about knowledge management
<em>brainly.com/question/5042506</em>
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The correct answer is that there were $51,700 work of gift cards redeemed during the year.
In order to determine the correct answer you need to start with the total balance of the unearned revenue account, which is $6,800. To the starting balance you need to add the amount of gift cards purchased throughout the year, which is $55,000. This total is $61,800. The last step is to subtract the ending balance of the unearned revenue from the total ($61,800 - 10,100), which equals $51,700. $51,700 is the amount of gift cards redeemed during the year.