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Application Case 1.5: A Specialty Steel Bar Company Uses Analytics to Determine
Available-to-Promise Dates
Jasmine Hightower Colangelo College of Business, Grand Canyon University
MIS-600 Professor Janet Durgin
12/20/2023
Questions
1.
Why would reallocation of inventory from one customer to another be a major issue for discussion? ( Sharda, R., Delen, D., & Turban, E. (2017).
Reallocating inventory from one customer to another is a discussion with multifaceted concerns. Companies that use this approach may see a decline in customer relationships, financial issues, and punishment through legalities for this practice. Shifting inventory can lead to concerns from the initial company that was allocated the inventory, causing concerns about the timing of the products being received. Financial issues can come about when reallocating due to transportation, and revenue of the inventory. There is likely a contractual agreement that specifies when the customers receive their part. When the agreement is broken it could cause legal issues that put the company at risk of being sued, which will likely be more money lost in the end. If a company is in this predicament, it is important to maintain effective communication so that there aren’t any misunderstandings. Regulatory compliance and customer needs influence business decisions, allowing the company to continue operating. 2
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Related Questions
Question 4 (1 point)
As buyers are increasingly facing information overload, salespeople should ensure information is streamlined and
personalized.
OTrue
OFalse
Question 5 (1 point)
Blogs, white papers, webinars, and presentations should be proyided to targeted customers.
OTrue
OFalse
Question 6 (1 point)
dal fne avaluating solution alternatives uses weighted averages.
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To finance a vacation in 4 years, Elsie saves $410 at the beginning of every six months in an account paying interest at 13% compounded semi dash annually.
(a) What will be the balance in her account when she takes the vacation?
(b) How much of the balance will be interest?
(c) If she waits an additional year to start her vacation, and continues to save the same amount of money, how much more money does she have to spend?
Question content area bottom
Part 1
a) The balance in her account will be $
enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Part 2
b) The amount of interest will be $
enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Part 3
c) She will have an extra $
enter your response here to spend on her vacation.
(Round the final answer to the nearest cent as needed. Round all…
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WindCo Inc. owns several delivery vans that could be sold very quickly in the event that the company runs into financial trouble. These delivery vans should be considered ______. Question 38 options: A) long-term assets B) fixed assets C) current assets D) current liabilities E) accounts receivable
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I need typing no chatgpt used
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Question 5 In the context of account classification, which of the following is a benefit of single-factor analysis? O It employs a matrix system. O It is used for goal setting. It requires no data manipulation. O It provides equal weightage to all categories of accounts. O It uses statistical analysis.
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a. Meaning of ABC analysis?
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Question 6 of 10
Moving to another question will save this response.
Question 6
The following transactions relate to the SHEHNILA CORP. for the month of November 2015:
Product - A
Product – B
Production
10,000 units
8,000 units
Beginning Inventory
1,000 units
900 units
Ending Inventory
2,000 units
100 units
Unit Cost applicable to inventories and Production
Direct Material
Rs. 4 per unit
Rs. 3 per unit
Direct Labour
Rs. 10 per unit
Rs. 20 per unit
Factory Overhead
Rs. 7 per unit
Rs. 14 per unit
Actual FOH was Rs. 182,400, under or over applied factory overhead is to be adjusted in Cost of Goods Sold.
Calculate Conversion Cost.
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5. (Scenario Based Question) Your response to Simeon's phonecall: Hello, I need to
speak to a manager now! Netflix has taken money out of my account when I cancelled
the subscription ages ago. They have still charged me for their services. This has left
me with no money. This is fraud! I need this money refunded straight away otherwise I
will not be able to afford groceries for my kids this week. Please refund this money
now!
*
(Write your response to the customer as if you were a COP at Monzo talking to
Simeon, for example "Hi Simeon....". Show us your empathy and analytical problem
solving skills, and how by being customer centric you'd help get the customer to a
logical solution in this scenario
arrow_forward
3. (Scenario Based Question) Your response to Nicole's Phone Call & "Hi, my name
is Nicole and I need your help urgently! I saw a puppy on Facebook which I saw
advertised through a mutual friend. The seller asked me to pay £3000 upfront to hold
the puppy, which I was ok with as I have done my research and the breeder said they
had a KC Registered certificate. So I have sent the breeder £3000 via bank transfer
last week. I was meant to pick up the puppy today and when I checked the breeders
address on Facebook they no longer exist! (**crying**) I can't pay for my bills or buy
food for the kids because this was the last of my money this month. (**angry**) You
and Monzo need to protect me against scams like this! I want to raise a complaint to
get all my money back straight away!"
(Write your response to the customer as if you were a COp at Monzo who had just
picked up a call from Nicole, for example "Hi Nicole...")
arrow_forward
Problem 3-8 (Algo)
New Time Videos (NTV) is a new online video rental service. In the field, it is trying to compete by offering its customers access to all of
the major new video releases in one business day. That is, if you order a video from NTV, you can expect it in one business day from
the time when you placed the order. When you are done with the video, you simply drop it in the prepaid mailing envelope and return
it. All videos arrive in a sorting facility located in the Midwest where envelopes with the videos are opened, checked (right video with
the right sleeve, no scratches, no cracks, no dirt on the videos), and made ready to be sent out again. As the manager of this facility,
your goal is to turn the returned videos around in 4 hours (a shift is 8 hours long). You have the following information:
Inventory of videos:
Throughput:
450,000 per shift
375,000 per shift
a. Calculate the expected average flow time. (Do not round intermediate calculations. Round your answer to 2…
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от
points
Home Page - JagApp
Week 12 - Midterm #2 (100 points) i
☑
סוי
M Question 4 - Week 12 - Midterm #2 (100 points) - Connect
4
Which of the following accounts is increased with a debit?
Multiple Choice
01:28:18
О
Service revenue
Prepaid expense
Unearned (Deferred) revenue
о
Retained earnings
Mc
Graw
Hill
ezto.mheducation.com
Saved
b Success Confirmation of Question Submission | bartleby
Summer Leasing received $10,900 from a customer to cover 24 months of rent in...
Help
Save & Exit
Submit
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Question 7
The information in this paragraph applies to this question and the three questions that follow (so, questions 7-10).
Store manager Rosalía has noted that the daily demand for the exclusive Motomami candles produced and sold in her Fire Doll Artisan Chandlery located in downtown Champaign is 40 candles. Fire Doll Artisan Chandlery remains open 365 days a year. The lead time for producing the candles is 9 days. Rosalía uses a continuous review system to manage her inventory relying on economic order quantity (EOQ) to decide how much to make and reorder point (ROP) to decide when to make.
Determine the reorder point assuming the daily demand is spread evenly (i.e., no safety stock).
Question 8
Rosalía notes that daily demand has a standard deviation of 4 candles. Calculate the safety stock for a 99% service level, the z score for which, using the function =NORM.S.INV(0.99) in Microsoft Excel, is 2.33.
Question 9
Rosalía makes the candles in quantities of 560 at a time. How many…
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Answer using irac method
Question 3
The Unemployment Program of the Government of Guava Land has several offices throughout the country, ten (10) to be specific. At these offices, all the administrative matters of the Program are administered, inclusive of payments to suppliers, payroll and Information Technology services. There are several assets and confidential data on each compound such as computer equipment, filing cabinets, personal data and several pieces of furniture.
Within recent times, there were numerous burglaries’ at a number of locations, which resulted in the loss of two million dollars’ worth in items. The Police are currently undertaking an investigation to catch the culprits.
The Minister, who is responsible for the Program, has mandated the Program to procure security services for one year at each location. After a highly competitive procurement process, Big Trouble Security Services secured the contract to provide security services at all the locations.…
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Mc
Graw
Hill
Home Page - JagApp
Week 12 - Midterm #2 (100 points) i
17
Consider the following list of accounts:
• Cash
•
Prepaid Expense
•
Service Revenue
8
points
01:16:23
• Salaries Expense
•
Accounts Payable
Equipment
• Retained Earnings
•
Common Stock
•
Dividends
Х
סוי
M Question 17 - Week 12 - Midterm #2 (100 points) - Connect
How many of these accounts have a normal debit balance?
Numeric Response
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nabled: Chapter 4 The Art of Model...
Saved
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Save & Exit
Subn
An analyst is constructing a simple model to determine the gross and net profit of a product, given its profit per unit, quantity sold, and
the total costs assigned to the product. The calculation for gross profit is Profit per Unit times Quantity. The calculation for Net Profit is
Gross Profit minus Total Costs.
5
2 Profit per Unit
3 Quantity
4 Gross Profit
18,200
6 Total Costs
8,300
8 Net Profit
With the values for Profit per Unit, Quantity, and Total Costs shown above, what should the model return for the following calculated
cells?
Cell
Value
Gross Profit
Net Profit
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Hill
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Question 15
Discontinuity created by new technology
a.shows the amount of effort required to measure new technology
B.shows the gap between the old technology and new technology
C.shows the amount of capital required to implement new technology
D.shows the amount of effort required to use old technology
QUESITON 16
Quantity discount model is an inventory management model where
A.The cost per unit decreases as production quantities increase
B.Used to determine the optimal order quantity
C.The price per unit decreases as order quantities decrease
D.Used to determine the economic order quantity
Question 17
In strategy formulation, which of the following processes answers the question "How will the firm compete"?
A.Deploying the strategy
B. Defining the primary tasks
C.Positioning the frm
D.Determining the order winners and order qualifers
arrow_forward
If sale is 78 during March, 85 in April, 90 in May, 84 in June, and 97 in July, what,
is the three-month simple moving average for August?
a. 88.667
Ob. 90.333
O c. 97
O d. 86.8
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Executive Summary for 39 Storage
https://www.39storage.com/ (This Company)
Cite Sources
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It might be sensible for a company to benchmark each of its sales reps against:
O its other sales reps
competitors sales reps
sales reps of a firm in a different industry
all of the above are true
QUESTION 2
Capital sources include:
O profits
loans
stocks
all of the above
QUESTION 3
The most useful brejakdown of data in a sales analysis is by:
O product, package size, grade, or color
O customer type
geographic region
any or all of the above depending on the situation
QUESTION 4
Which of the following is NOT a way to stimulate profit growth?
O do a better job of holding onto customers
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云
< cO
# 3
QUESTION 6
A measure of the importance of trade is:
OA. Trade as a percentage of employment rate.
OB. Trade as percentage of GDP.
O C. The dollar value of trade adjusted for inflation.
OD. The real value of trade.
QUESTION 7
given goods A and B and a budget , if the relative price of A were to increase, the budget line would:
A. Shift out in parallel fashion.
OB. Shift in a relative fashion.
C. Become steeper.
OD.Become flatter
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please answer ASAP . Q2
Subject : production and operation management
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Subject Name: Simulation & Modelling
Q. Describe the following :
• Simulation of a Multi-server queueing system
• Simulation of an inventory system
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1. Describe the various functions of purchase orders.
Describes the steps to register a purchase order in the Sage 50 (Peachtree) program.
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Question 3
[Soalan 3]
Use the data set below to answer the following questions:
[Gunakan set data di bawah untuk menjawab soalan-soalan berikut:]
Table 1: Monthly sales unit
[Jadual 1: Unit jualan bulanan]
Month
[Bulan]
Sales Units
[Unit Jualan]
1
1100
2
1200
3
1450
4
1800
5
2100
6
2700
Calculate the three-period simple moving average forecasts for months 4, 5 and 6.
[Hitungkan ramalan purata bergerak mudah menggunakan empat-tempoh untuk bulan 5 dan 6.]
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Please do not give solution in image format thanku
1. Current total inventory level (I E) of a company is 10,000 units, which are held at 4 different facilities (n E). Next year, the company plans to open 12 new facilities. Provide an estimate on the total future inventory level (I F) for the company.
a. 60,000 units
b. 10,000 units
c. 40,000 units
d. 20,000 units
e. 17,321 units
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A _______ analysis can aid in spotting prospective dangers and difficulties and in creating backup strategies to reduce these risks.
Question 10 options:
financial
SWOT
periodic
district
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Discussion #1 & #2
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Subject: accounting
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ISBN:9781337406659
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Related Questions
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- I need typing no chatgpt usedarrow_forwardQuestion 5 In the context of account classification, which of the following is a benefit of single-factor analysis? O It employs a matrix system. O It is used for goal setting. It requires no data manipulation. O It provides equal weightage to all categories of accounts. O It uses statistical analysis.arrow_forwarda. Meaning of ABC analysis?arrow_forward
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Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,