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- __________________________________________________________________________Question No. 1A) Prepare the total budgeted sales in dollars for the quarter ended March 31, 2021 usingthe following data.Feb Mar AprQuantity of budgeted units for salesJan 25000 Feb 55000 Mar 35000 Apr 40000 Expected selling prices of each unitJan $12 Feb $15 Mar $20 Apr $22 B) What is Budget & how does it helps management in managing business?Q3(b). Noting the accomplishments of Mr. John Francois as a successful businessman, who is seeking to expand/grow the business, he may need to consider segmenting the products offered into strategic business units (SBUs). As the Consultant, you are required to advise Mr. Francois and his Management Team about the most appropriate model that could be used. How would you advise Mr. Francois and his Management Team so that they understand clearly how to use the most appropriate model for growing the business?Required information Skip to question George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34 72 $ 155 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.
- What do figures below meanQUESTION THREE (a) The actual demand of a product for 6 months are summarized in Table below: Actual Demand Values Month ( ) t Demand ( ) tD 1 300 2 450 3 700 4 900 5 1200 6 1400 iv. Compute the mean absolute deviation. v. Mean absolute percent error (MAPE)Question 18 The study of operations management is A.Design, operation and improvement of productive systems B.A sequence of activities across organizations that are involved in producing and delivering a product or service C.A series of activities from suppliers to customers that add value to a product or service D.The identifcation of and elimination of activities from suppliers to customers that do not add value Question 21 TRUE OR FALSE Businesses that use Just in Time (JlT) purchasing consider purchase price to be the only cost Question 25 Supply chain management is the study of A.Material flows, information flow and financial flows across organisations B.Material flows, information flow and fnancial flows within organisations C.Suppliers involved in getting goods or services to market D.The measure of costs across organisations to determine the customer selling price
- Section: Cost Per Point (CPP) A television commercial runs in a TV program that earns a 10.3 rating and a 14.9 share. The ad costs $196,737. Calculate Cost Per Point. (Rounding: penny.)Q1 A)Discuss the causes of stock obsolesce in the warehouse. B)Q21 The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $ 348,000 Cost of goods sold 305,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 67,000 Value of finished goods on-hand 27,500 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)
- QUESTION 12 serve as mechanisms for controlling the financial aspects of implementing a single-use plan. A. Programs B. Budgets C. Projects D. InitiativesQUESTION THREE (a) The actual demand of a product for 6 months are summarized in Table below: Actual Demand Values Month ( ) t Demand ( ) tD 1 300 2 450 3 700 4 900 5 1200 6 1400 i. Find three months weighted moving averages by assuming the weights 1 0.15 W = , 2 0.36W = and 3 0.49 W = . ii. Compute the mean forecast errors. iii. Compute the mean square errorThe controller recently purchased price comparison software for your hotel. To which of the following department heads will this operating cost expenditure be assigned? Question 3 options: a) Food and beverage b) Housekeeping c) Revenue management d) Sales and marketing