Discuss and illustrate the economic justification for establishing a warehouse.
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Discuss and illustrate the economic justification for establishing a warehouse.
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- Describe and contrast the Sustainability Criterion and the Hartwick Rule.Classique Designs sells a variety of merchandise, including school shoes for girls. The business began the last quarter of 2013 with 30 pairs of the “Aerosoles” brand at a total cost of $54,000. The following transactions, relating to the “Aerosoles” brand were completed during the quarter: October 3 Purchased 45 pairs of shoes at a cost of $1,900 each. October 15 Sold 55 pairs to Casually Elegant Ltd at a unit price of $2,780 October 26 Purchased 70 pairs at a cost of $2,400 each but these were subject to a trade discount of 5%. November 10 Sold 60 pairs to Best City Store which yielded total sales revenue of $192,000. November 14 Owing to an increased demand for this brand, the manager of Classique purchased 80 additional pairs of the “Aerosole” brand at a unit cost of $2,500, but additionally there was freight charge of $100 on each pair. November 24 Sold 60 pairs of shoes to Big Buy Company at a price of $3,600 each. November 30 A physical…explain thoroughly 3) explain the role of resort facilities. 4) explain the importance of resort facilities.
- 1. Explain the job of general manager in drink powder factory. 2. Explain the job of production manager in drink powder factory. 3.Explain the job of marketing manager in drink powder factory.Calculate the total, free, and interfering float for the activities shown above.Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawns. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitan areas. The mission of Waterways is to manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company hopes to satisfy its customers, perform rapid and responsible service, and serve the community and the employees who represent them in each community. The company has been growing rapidly, so management is considering new ideas to help the company continue its growth and maintain the high quality of its products. Waterways was founded by Will Winkman, who is the company president and chief executive officer (CEO).…
- Chance operations were also deployed, where artists would "outsource ________.”In 2011, Sarah Waterston, her brother Michael Waterston, and his spouse Maria Hristova founded Kinsip House of Fine Spirits (Kinsip), a “grain-to-glass” operation that was certified as an artisan distillery.2 By 2020, the business was offering a varied product mix, including nine spirits, two liqueurs, 12 bitters, and maple syrup aged in whisky barrels. During the tourist season of May to late October, the three cofounders offered tours of their farm, operated a tasting bar for the spirits, and managed a store that featured the distillery’s products. The farm also included one of few cooperages in Canada, a point of interest that also emphasized the distinctiveness in Kinsip’s operation and products. By March 2020, the COVID-19 pandemic had led to a shortage of hand sanitizer, which prompted Kinsip (and many other distilleries) to begin producing this new product. Distilleries already produced ethanol, the key ingredient in hand sanitizer, as part of their normal operation. Kinsip’s…In 2011, Sarah Waterston, her brother Michael Waterston, and his spouse Maria Hristova founded Kinsip House of Fine Spirits (Kinsip), a “grain-to-glass” operation that was certified as an artisan distillery.2 By 2020, the business was offering a varied product mix, including nine spirits, two liqueurs, 12 bitters, and maple syrup aged in whisky barrels. During the tourist season of May to late October, the three cofounders offered tours of their farm, operated a tasting bar for the spirits, and managed a store that featured the distillery’s products. The farm also included one of few cooperages in Canada, a point of interest that also emphasized the distinctiveness in Kinsip’s operation and products. By March 2020, the COVID-19 pandemic had led to a shortage of hand sanitizer, which prompted Kinsip (and many other distilleries) to begin producing this new product. Distilleries already produced ethanol, the key ingredient in hand sanitizer, as part of their normal operation. Kinsip’s…