Answer:
He should reorder when he is left with 200 hammers.
Explanation:
Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.
Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )
Reorder Point = 0 + (100 hammers * 2 days)
Reorder Point = 200
Answer:
The answer is b. make-to-stock system
Explanation:
Make-to-stock system is a build-ahead production approach in which production plans may be based upon sales forecasts and/or historical demand. It is a traditional production strategy that is used by businesses to match the inventory with anticipated consumer demand.
Answer:
The vertical analysis based on net sales would show 45.94% and 74.13% for cost of goods sold.
Explanation:
Vertical Analysis: The vertical analysis does the analysis of the financial statements which is based on the sales value.
In mathematically,
Vertical Analysis = Financial Statement item ÷ sales value × 100
So,
For the cost of good sold. the vertical analysis would be:
For the Latest amount of cost of good sold:
= Latest amount of cost of goods sold ÷ Latest sales value × 100
= $17,000 ÷ $37,000 × 100
= 45.94%
For the updated amount of cost of goods sold:
= updated amount of cost of goods sold ÷ updated sales value × 100
= $43,000 ÷ $58,000 × 100
= 74.13%
Hence, the vertical analysis based on net sales would show 45.94% and 74.13% for the cost of goods sold.
The level of GDP is the main determinant of the amount of money demanded for transactions.
The income (Y), the expected inflation (π), and the interest price (I) are 3 important primary determinants in a popular money call for characteristic. In principle, cash call for is an incremental characteristic of real profits as normal price range circumstance dictates, and it is the maximum critical variable in money call for characteristic.
In summary, the demand for cash depends on the charge degree, the interest fee, and the actual gross home product. these 3 elements combine to determine the fraction of human beings' wealth that they maintain as coins and checking for shopping and the fraction that they preserve as interest-bearing belongings.
For a given amount of wealth, the solution to this query will depend upon the relative costs and blessings of retaining money versus other property. The demand for money is the connection between the amount of money human beings need to keep and the elements that determine that quantity.
Learn more about interest here: brainly.com/question/24924853
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Answer:
Net Income $ 495,000
Explanation:
The net income represent the amount that would be left after all expenses have been deducted from all the sales revenue.
$
Sales revenue 4,597,000
Cost of goods sold <u>(3,399,000)</u>
Gross profit 1,198,000
Operating expenses <u> (448,000)</u>
Profit before taxes 750,000
Taxes (34%×750,000) <u> (255,000)
</u>
Net Income <u> 495,000
</u>
