Answer:
A.) 270 units (b.) Increase
Explanation:
Given the following :
Annual demand (A) = 2870
Working days = 205
Review period (P) = 16 working days
Lead time (L) = 2 working days
Standard deviation (σ) = 6 per working day
Service probability = 76%
Therefore, z = NORMSINV(0.76) = 0.71
Average demand (D) = 2870 / 205 = 14
Optimum target level, (S) is given by the relation:
D×(P+L) + z×σ×√(P+L)
14×(16+2) + 0.71×6×√(16+2)
(14×18) + 4.26 × √18
252 + 4.26*4.242
252 + 18.07
= 270.07 units = 270 units
B) If service probability increases to 97%, Z will automatically increase, hence a corresponding increase in the optimal target level.
Solution:
Given,
Fisher plumbing supply Co. had sales of $2,780,000
Wrote off $16,000 of accounts as noncollectable
Net income of $120,000
Now,
Expense under direct write off: 16,000
Expense under Allowance: ($2,780,000*1%) = 27,800
which means expense is understated by = 27,800 - 16,000 = 11,800.
so, the net income under allowance would be 120,000 -11,800 = 108,200
Answer:
having a financial plan means finding a job and preparing to use half of your income or money earned from that job and save the other half , doing this every time you are a looking to get paid will increase your savings and then you would be able to use that savings for furthering your education so you can get access to study jobs that will help you to understand the career you wish to pursue
Answer:
a) 40 yrs Price=$910.49 b) 17 yrs Price=$924.51 c) 8 yrs Price=$948.54
Explanation:
Hi, well, what we need to do is to use the following data and formula in order to find the ´price of each bond, just by changing the maturity time for each , option (40 years, 17 years, and 8 years). Let's illustrate with the first price, when its maturity is 40 years.
That was a) Price=$910.49
That was b) Price=$924.51
Finally, that was c) Price=$948.54
Best of luck.
Answer:
Hasalot has a near absolute advantage in Diamontite.
Explanation:
in this scenario, the best which describes the situation that Hasalot has a near absolute advantage in Diamontite.