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VMariaS [17]
4 years ago
14

A company recently lowered its service performance from 99 percent product availability to 97 percent product availability. The

change saved the company exactly $1 million per year in inventory carrying cost. Senior management now wants to lower the service level to 95 percent from 97 percent. Such a further change is likely to save ____________
Business
1 answer:
Degger [83]4 years ago
7 0

Answer:

less than $1 million.

Explanation:

According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings  

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Triano Brothers, an insurance firm, follows an administrative procedure for measuring the relative worth of its jobs. The organi
Alexus [3.1K]

Answer: Option (B)

Explanation:

Here, in this case we can state that <em>job evaluation </em>is being exemplified. The Triano Brothers are using job evaluation, so as to have a systematic approach in order to determine value of a job in regards to the several jobs in their organization. The organization attempts to have a orderly comparison in between different jobs as to assess the relative value.

8 0
4 years ago
You decide to integrate your supply chain to cut down production time. This is an example of a(n) _________ strategy.
RSB [31]

When a company integrates its supply chain to allow it to improve efficiency, this is known as<u> Vertical Integration. </u>

<h3>What is vertical integration?</h3>
  • Involves acquiring a company along the supply chain.
  • Can be either forward or backward integration.

Forward integration involves acquiring a company that is further along in the supply chain such as a producer acquiring a retailer. Backward integration would be the reverse situation.

In conclusion, this is vertical integration.

Find out more on vertical integration at brainly.com/question/19815172.

5 0
2 years ago
According to the information presented in this​ video, a spreadsheet is effective for managing information about one thing​ (e.g
Ahat [919]

Answer:

Database

Explanation:

If we want to manage the information for more than one thing then the database is used. As it is a collection of the data which stores all the important and valuable information of the business organization.  

The data is stored electronically if you want to edit, update or access then you can easily do it.  

The examples are - Microsoft Access, Oracle, etc

So, the database can store much information as per your wants

6 0
3 years ago
Hamill Company purchased equipment on January 3rd, 2022, for $70,000. The equipment is expected to be used for four years and 12
Stels [109]

Answer:

Annual depreciation= $32,500

Explanation:

Giving the following information:

Purchase price= $70,000

Salvage value= $5,000

Useful life= 4 years

<u>To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

<u>2022:</u>

Annual depreciation= 2*[(70,000 - 5,000) / 4]

Annual depreciation= $32,500

5 0
3 years ago
Which of the following statements are TRUE with regard to variable annuities?
patriot [66]

Answer:

(B) I and III

Explanation:

The variable annuity contract allows the investor tho make monthly payment for retirement in two pahses. First it will accumulate on his accounts by mading monthly deposits to yield a return on the fund, stocks or bonds. Then, the investor at retirement age enter the second phase. At which receives payouts from his deposists and earnings.

Therefore, the owner caccounts fluctuate during accumulation period as is ncreaseing or decreasing based on the investment made.

Finally, like all contract is subject to federal and state authority.

3 0
3 years ago
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