The current compensation output for standard inventory is estimated by using this formula: Y = D / P Reminder: D is the most recent full-year compensation and P is the present stake cost. Find the function Y's domain. The corporation's annualized compensation for 2021 was $6, and its output per stake was $411.12 on April 19, 2022. Find the present compensation result for the corporation's standard supply at that time.
Q: How do you distinguish between a vendor and strategic alliance?And what condition would favor each
A: A vendor typically a company or individual that sells products or services to another company or…
Q: 1. After which step should you actually submit a request for financing to your bank or Trade Finance…
A: 1. The appropriate time to submit a request for financing to your bank or Trade Finance Institution…
Q: Solve the following linear programming problem. Maximize: z=6x + 14y subject to: 7x+3y ≤21 9x+y≤21…
A: Given: Objective Function : Max Z=6x+14y subject to :7x+3y≤21 9x+y ≤21…
Q: A producer of furniture has to make the decision about the production planning for 2 of its…
A: Linear programming (LP) is a mathematical optimization technique that helps solve problems where an…
Q: . You are managing a project to build five bridges. The project consists of five sequential phases…
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: The Lotus Point Condo Project will contain both homes and apartments. The site can accommodate up to…
A: Let: H = number of homes in the project A = number of apartments in the project M = 1 if a marina…
Q: What kind of MIS output would you want to offer as input to the DSS when utilizing the TPS output as…
A: MIS stands for Management Information System DSS stands for Decision Support System TPS stands for…
Q: Explain the factors affecting compensation on firm’s financial conditions, workers productivity and…
A: The capacity of a firm to recruit, retain, and inspire its personnel is directly impacted by…
Q: The observed demand from the four quarters of Year 1 can also be used to develop initial…
A: Find the Given details below: Given details: Year Quarter Demand 1 1 173200 2 145400 3…
Q: Discuss the following techniques for environmental analysis: I. PEST II. Porters five forces model…
A: Environmental analysis is the process of analyzing the external and internal factors that can impact…
Q: Debates over centralised and decentralised procurement, and the linked issue of how much purchasing…
A: The pros and cons of centralized versus decentralized procurement have been hotly contested in the…
Q: ghts on the best method to address the issues of data gathering and decision making.
A: A decision tree represents the potential consequences of a number of connected decisions. It enables…
Q: What are the key concepts and techniques of data mining and predictive analytics, and how can they…
A: Predictive analytics alludes to the utilization of both new and authentic data, factual…
Q: Dave Fletcher was able to determine the activity times for constructing his laser scanning machine.…
A: Based on the immediate predecessors and durations given for each activity in the 1st table, we…
Q: The time between failures for an electrical appliance is exponentially distributed with a mean of 25…
A: Mean Time Between Failures (MTBF) = 25 months Time (T) = 30 months
Q: Downtime and malfunctions might be the consequence of inadequate wireless networks. Choose three…
A: Downtime and malfunctions might be the consequence of inadequate wireless networks and there could…
Q: Businesses are often faced with operational risks and decisions must be made to alleviate such…
A: In the business world, operational risk is always lurking around the corner. Employee actions,…
Q: Easy-to-copy differentiating features A) should be patented before other companies follow suit. B)…
A: Differentiating features are unique product or service attributes that set a business apart from its…
Q: One of the questions operations managers ask about models is, are we using the correct objectives?…
A: The correct objectives are critical for the success of an operations manager because they serve as a…
Q: A critical evaluation of business relationships and the ecosystem that is directly related to the…
A: The Coffee Merchant operates in the coffee brewing industry and relies heavily on its business…
Q: Training and development program have numerous advantages. Explain FIVE purposes of training and…
A: It's a standard feature of most workplace performance management programs. It is the responsibility…
Q: Selling Price String beans Okra Meat Eggplant PINAKBET 135 Quantity Per Order 1 5 SINIGANG 150 2 2 3…
A: Linear Programming is a mathematical and statistical tool that is used in operations management to…
Q: A.3 Please look at the image below and explain the following words, and please providing some at…
A: A message is a piece of information or communication that is transmitted from one person or entity…
Q: FAO-Funded Aquaponics Project Launched In Barbados Barbados GIS – The United Nations Food and…
A: A collection of conditions or demands must be satisfied for a project to be deemed successful and…
Q: Which of the following best describes dispute resolution through an arbitrator? A) A process where…
A: The below statement best describes dispute resolution through an arbitrator.
Q: 4. A nursery grows and sells rose bushes. To grow the bushes there is a fixed annual cost of $20,000…
A: (a) Equation for the cost function is C(x) = 20,000 + 10x, when x is the quantity of rose bushes…
Q: A) Prepare the PERT network. B) Determine the critical path and its completion time in weeks. C)…
A: A network diagram shows the sequence of the task that is done to complete a project. It usually…
Q: OPERATIONS MANAGEMENT (just revise the answers every bullet) •Mega sardines are the focus of the…
A: The initial response appears to update some previously written operations management responses.…
Q: System and Digitalization: its effect to the inventory mangement to the construction
A: Digital inventory can be defined as the capacity to regulate ongoing inventory action. It includes…
Q: A training needs assessment establishes the framework for determining the genuine need of a firm.…
A: A worker's current skill and knowledge levels may be determined via a training needs analysis. The…
Q: Problem 7-17 (pg 279) Using the following equations, graph the constraints and solve using the…
A: Steps to solve the graphical problem:- Equalize each constraint and determine the values of x1 and…
Q: Mabry Company: Transportation Method -- Backorders Permitted Period of Production Beginning…
A: Find the calculations formulas below:
Q: What method uses more processing time and resources: preemptive or non-preemptive scheduling?
A: Preemptive versus non-preemptive scheduling, two widely used scheduling techniques in operating…
Q: Life Cycle Assessment: Topic is about Levi Jeans For each topic please explain. Questions: 1.…
A: Levi's is a famous American dress brand that is most popular for its denim jeans. The organization…
Q: ERP systems often conform to standard procedures. Whose standards, therefore, are the right ones?…
A: ERP systems are designed to streamline and standardize business processes across an organization,…
Q: explain.What are some potential disadvantages of using a packaged application to help automate the…
A: Using a packaged application to help automate the employee goal-setting process can have some…
Q: The number of internal disk drives (in millions) made at a plant in Taiwan during the past 5 years…
A: Simple linear regression is determined with following formula: Y = a+bx Slope b =…
Q: Repair calls are handled by one repairman at a photocopy shop. Repair time, including travel time,…
A: Given: Arrival rate (λ) = 3 per 8 hr = 3/8 = 0.375 per hr Service rate (μ) =1 per 2 hrs =1/2 = 0.5…
Q: it is natural that there are situations where we don't agree with the decision of team management.…
A: Supporting a decision you disagree with can be disappointing - particularly when your team feels the…
Q: What are quality standards and how to guarantee your company has reached them?
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: Someone impersonates a company and gets a certificate from a certificate-issuing body. What happens…
A: If someone impersonates a company and obtains a certificate from certificate-issuing body, it can…
Q: The Racing Club of America sponsors driver education events that provide high-performance driving…
A: Linear programming (LP) is a mathematical optimization technique that helps solve problems where an…
Q: The members want to know how many of each item they should bake to maximize the money they make.
A: It is believed that the invention of linear programming was a major step forward for mankind since…
Q: Explain the importance of budgeting when selecting equipment for resort facilities.
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: Which of these techniques are examples of formal research? Check all that apply. Consulting an…
A: NOTE: We are allowed to do one question only. Formal research refers to a systematic and structured…
Q: How may formative scales be used to investigate the effects of cross-level moderation?
A: Formative scales are a type of measurement model used in research to measure a construct by…
Q: Appraise the differences between qualitative and quantitative research methods. Can both be used to…
A: Introduction: Qualitative research method involves exploring and understanding the meaning and…
Q: As a programme/project planner. write a project plan on this issue using tools, applications and…
A: Introduction: The health and safety crisis in Guyana is a growing challenge that needs urgent…
Q: Proactive and reactive aggregate planning strategies are best associated with Multiple Choice input…
A: Aggregate Planning Strategies Aggregate planning approaches can be divided into three categories:…
Q: To explore all the risks associated with the draining of the water and evacuation of the community…
A: The recent flash floods in Kamwala South have caused significant damage and disruption to the…
The current compensation output for standard inventory is estimated by using this formula:
Y = D / P
Reminder: D is the most recent full-year compensation and P is the present stake cost.
- Find the function Y's domain.
- The corporation's annualized compensation for 2021 was $6, and its output per stake was $411.12 on April 19, 2022. Find the present compensation result for the corporation's standard supply at that time.
Step by step
Solved in 4 steps
- Consider the supply : Last year, the retailer’s weekly variance of demand was 200 units.The variance of orders was 500, 600, 750, and 1,350 units for theretailer, wholesaler, distributor, and manufacturer, respectively.(Note that the variance of orders equals the variance of demandfor that firm’s supplier.)a) Calculate the bullwhip measure for the retailer.b) Calculate the bullwhip measure for the wholesaler.c) Calculate the bullwhip measure for the distributor.d) Calculate the bullwhip measure for the manufacturer. e) Which firm appears to be contributing the most to the bull-whip effect in this supply chain?Ajax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unitproduced. Assume that it is currently at the end of the first quarter of the year, and there are 50,000pounds of material on hand. The company’s policy is to maintain an end-of-quarter inventoryof materials equal to 25 percent of the following quarter’s material requirements for production.How many units of product were produced in the first quarter of the year? Under the assumptionthat production will increase by 10 percent in the second quarter, what are the direct materialsrequirements (in pounds) for planned production in the second quarter?Your firm uses a periodic review system for all SKUS classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUS classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are: Demand (D) = 15,080 units/year Ordering cost (S) = $125.00/order Holding cost (H) = $3.00/unit/year Lead time (L) = 5 weeks Cycle service level = 95 percent Demand is normally distributed, with a standard deviation of weekly demand of 64 units. 1- How do you think each system can affect your procurement procedures/methods?
- Your firm uses a periodic review system for all SKUS classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUS classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are: Demand (D) = 15,080 units/year Ordering cost (S) = $125.00/order Holding cost (H) = $3.00/unit/year Lead time (L) = 5 weeks Cycle service level = 95 percent Demand is normally distributed, with a standard deviation of weekly demand of 64 units. -Calculate the item's EOQ. - Use the EOQ to define the parameters of an appropriate continuous review and periodie review system for this item. -Which system requires more safety stock and by how much? -How do you think each system can affect your procurement procedures/methods?ABC Company purchased its inventory at a lump price of P20,000. Relative sales value for each type of inventory was: Inventory XX, P10,000 Inventory YY, P4,000 Inventory ZZ, P10,000 How much would be the cost assigned to inventory XX, YY an ZZ respectively? 10,000. 4,000 and 10,000 respectively 10,000, 4,000 and 8,333 respectively 8,333, 3,333 and 8333 respectively 6667, 6667 and 6667 respectivelyLast year the retailer's weekly variance of demand was 190 units. The variance of orders was 480, 590, 730, and 1,380 units, for the retailer, wholesaler, distributor, and manufacturer, respectively (Note that the variance of orders equals the variance of demand for that firm's supplier) a) The bullwhip measure for the retailer is. (Enter your response rounded to two decimal places) b) The bullwhip measure for the wholesaler is c) The bullwhip measure for the distributor is (Enter your response rounded to two decimal places) (Enter your response rounded to two decimal places) d) The bullwhip measure for the manufacturer is (Enter your response rounded to two decimal places) e) In this supply chain, the appears to be contributing the most to the bullwhip effect, Enter your answer in each of the answer boxes javascript doExercise(10) This workstation has a time use limit of
- Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUs classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item’s current characteristics are:Demand 1D2 = 15,080 units/yearOrdering cost 1S2 = $125.00/orderHolding cost 1H2 = $3.00/unit/yearLead time 1L2 = 5 weeksCycle@service level = 95 percentDemand is normally distributed, with a standard deviation of weekly demand of 64 units.a. Calculate the item’s EOQ.b. Use the EOQ to define the parameters of an appropriate continuous review and periodic review system for this item.c. Which system requires more safety stock and by how much?If Exxon uses FIFO for its inventory valuation, calculate the cost of ending inventory and cost of goods sold if ending inventory is 110 barrels of crude oil. Beginning inventory and purchases Barrels Barrel cost Total cost Beginning inventory: Jan 1 129 $ 96 $ 12,384 March 1 54 102 5,508 June 1 69 99 6,831 September 1 79 91 7,189 December 1 54 104 5,616 385 $ 37,528 Cost of ending inventory Cost of goods soldAfter you present your calculations in a meeting with the VPs of Sales, Finance and Supply Chain, they agree that before a decision is made, the company should make an effort to better calculate the values of ct and h. A team is created to conduct the calculation. After a week of work, they come to you with a revised value for ct=$90. The holding charge stays the same. For the revised value of cth=600, how many replenishments should TTS do from Northeast Athletics every year? Enter your answer rounded to the nearest whole number. For example, if your answer is 12.3456, you should enter 12 in the box below. For the revised value of cth=600, how much should TTS set aside as a budget for the cycle stock for products from Northeast Athletics? Round your answer to the nearest multiple of $100
- A firm practices the pure chase strategy. Production last quarter was 1600. Demand over the next four quarters is estimated to be 1300, 1100, 1400, and 1000. Hiring cost is $20 per unit, and firing cost is $13 per unit. Over the next year, the sum of hiring and layoff costs will beInventory Management You are the store manager at a local branch of DigiLife, a large electronics retail chain. A new version of a popular consumer electronics device called the Amulet is coming out this year. It is your job to sell as many Amulets as you can while minimizing your costs in order to maximize your store's profits. Your Goal Earn $1,000,000 in net profits of Amulet sales.Suppose that an organization is engaged in manufacturing and sales of a seasonal product. Based on a sales forecast of 1000, 500, 500, and 2000 per quarter, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $7 per unit per quarter, what is the annual cost of carrying inventory? Assume that the opening and ending inventories are zero. (without using Excel)