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A: To answer this, assume similar demand and production output for both the products. Since both…
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A: The detail diagram is basically the detail explanation of the subject or the topic with drawing…
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A: Annual Demand = 3650 Daily Demand = 3650 / 365 = 10 Lead time = 10 Reorder Point = Daily…
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A: For filling up the required table, the number of F should be calculated:
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A: Just-in-time is used for purchasing goods so that they are delivered as and when required to provide…
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A: The concept used here is supply chain metrics.
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A: A procurement system or buying system allows organizations to adjust the method of buying…
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A: NOTE: "Since you have asked multiple questions, we will solve the first question for you. If you…
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A: The flow of goods from the initial source of materials to the final customer is called as supply…
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A: Job order costing is system companies that use them when they are able to track costs for a…
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A: The answer is as follows:
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A: The above case study depicts typical example of order to delivery cycle of a manufacturing company.…
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A: Roll-up summary fields help in calculating the value of the records and then display them in the…
Q: Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000…
A: The concept used here is Supply Chain metrics.
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A: Strategic management is the management of strategic use of a business' resources to achieve company…
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A: The answer is as below:
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A: Option a: - In the reciprocal buying method, two firms come to an agreement to purchase each other…
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A: THE ANSWER IS AS BELOW:
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A:
Q: What is the 3-month simple moving average for February 2017, given that demand was 100 during…
A: The 3-month simple moving average for February 2017 = (Demand…
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A: The correct answer is option 4) Augmented level
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- Saed Mahmoud is the CEO of a newly established financial consulting firm in Birzeit. The firm is managed by Saed Mahmoud and it has 7 employees. Saed Mahmoud has recently heard about COSO ERM, and he is willing to establish an ERM system for his firm. Saed Mahmoud asks for your assistance with regards the ERM framework and how is looking for a detailed guidance on how the ERM system can be developed. Required: prepare report about how the ERM should be developed to assist the firm in risk management“Did the Austin wedding contract you were working on go out yet?” asked Tonya Roberts, the executive director of the downtown convention center operated by the city of Springdale. “Yes, I mailed it to them yesterday after we talked about it,” replied Lara, the Center’s DOSM and revenue manager for space rental. “Why do you ask?” “I just got off the phone with the mayor’s office. They want to hold a big fundraiser for his reelection campaign in the ballroom the same night the Austin wedding wanted to reserve it. The wedding was for 200 people right?” continued Tonya. “That’s right. 200 people at about $150 a head; it’s a nice piece of business. About $30,000,” said Lara. “Well the mayor expects 1,000 people, at $100 per person. And don’t forget, he’s the boss. We can’t hold both events. I need you to call the Austins and tell them you made a mistake. Tell them the room is already booked that night. They’ll need to find another space.” What would you advise Lara to do if she asked you…You are the managing Director of Mediconsult, a medical supplies company, located at Tema. Due to the COVID-19 pandemic, your regular import of supplies has been cut by half. As a result, you are unable to meet the demands of most of your clients. Write a letter to the Procurement Director of Abala Hospital, Spintex Road, to inform her of your inability to supply her company's request for face masks.
- a. What type of efficiencies and/or strategies you could implement in your business with regards to transportation, warehousing, third party logistics and reverse logistics? b. What type of strategies you could use to replace physical inventory and how? be creative and make sure that you provide enough information to detail and justify your choices. Maximum of two pages should be good enough to complete this task with the level of information to demonstrate knowledge and familiarity with the concepts and terminology. Please use your own words, no copy and pasting from existing articles.Discuss how an enterprise resource planning (ERP) system can provide integration to enable accurate production planning. Use a practical example to support your discussion.Under Staples’ “Easy Rebates” program, customers cansubmit most of their rebate applications online for productspurchased over the Internet, through the catalog, and inStaples stores. Customers may also submit several rebates atonce and receive emails about the status of their rebates atevery stage.27 Staples claims the rebates are processed muchfaster than those of other companies. Do you think the “EasyRebates” program will increase the number of rebates customers actually submit? Why or why not? Do you think otherfirms will follow with similar programs?
- Comprehensive Problem 1Part 2 and Part 3: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing parts 2 and 3. Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank.Give two workable solutions a company can incorporate, so to manage or prevent ad-hoc orders. Which level of management would provide these solutions and why?Explain the key elements of a business continuity plan (BCP) and how it differs from a disaster recovery plan (DRP).
- Completing a Bank Reconciliation. Supplies Needed: Copy of Figure 4; Bank Statement; Bank Reconciliation Form. Directions On November 26 you received the bank statement for the November Sales Seminar account for Supreme Appliances, shown in Figure 4. On November 23 you received a check from Al’s Print Shop for $170.00 as a 10 percent discount for paying promptly. You mailed this check to the bank, but it is not shown on the bank statement. You have checked off all the canceled checks and the following checks are outstanding and have not been paid by the bank: No. 2111 $386.50 No. 2115 $52.40 No. 2120 $110.80 No. 2121 $12.15 A service charge of $20.00 has been charged to your account. Ending balance in the checkbook was $6,430.55. Reconcile the bank statement shown in Figure 4 using C9-AP-A. Key the bank reconciliation.7. When is demand by the creditor not necessary in order that delay may exist? 8. As a Business Administration Student why is it important for you to study obligation and contracts?One of the objectives of CRM software is to capture data about every contact the company has with a customer and to store it in the CRM system. How does the use of an ERP with financial and managerial accounting systems contribute to a company’s success? Explain