Carrying cost per unit per month $2 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (entor your response as a whole number
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- The annual demand for an automobile part is 3200 units. The unit cost is 60 OMR and inventory carrying charge is 25% of unit cost. Ordering cost is 20 OMR per order. (i) Determine the economic order point (ii) If you place an order for 110 units every time, is it profit or loss? How much and Why? (iii) Why demand forecasting is important for an organization? Compare qualitative and quantitative forecasting technique with an example.Thinking tools service assembles customized personal computers from generic parts. Formed and operated by part-time Svci students paulette cruz and maureen luis, the company has had steady growth since it started. The company assembles computers mostly at night, using part time students. Paulette and Maureen purchase generic computer parts in volume at a discount from a variety of sources whenever they see a good deal. Thus, they need a good forecast of demand for their computers so that they will know how many parts to purchase and stock. They have compiled demand data for the last 12 months as reported below A. Use exponential smoothing with smoothing parameter a=0.2 to compute the demand forecast for january (period 13) B. Use exponential smoothing with smoothing parameter a=0.5 to compute the demand forecast for january (period 13). C. Paulette believes that there is an upward trend in the demand, the initial forecast is 37 and the trend over this period is 0 units. Use…Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. ITI Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 7'000 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000 Select one: a. None of the above b. 106.67 c. 108.00 / d. 92.59
- Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 000י7 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000Assume the weight is 0.6 for the most recent period; 0.2 for the second most recent; 0.1 for the third most recent; and 0.1 for the fourth most recent period. Using the four-period weighted moving average technique to predict the demand in February 2019. Find the X and Y values. Dt Ft Period Demand Four-period weighted Moving Average 2014 September 9400 October 10300 November 11200 December 4998 2015 January 9800 7209 February 9555 X March 9800 Y Group of answer choices X = 9899.8; Y = 9778.2 X = 9312.8; Y = 9555.2 X = 9029.6; Y = 9312.8 X = 9555.0; Y = 9313.7 X = 9872.4; Y = 9029.4Camille forecasts to sell 575 units of the perfume she is selling by the first week of December. At the end of the 1st week of December, she was able to disposed 500 perfumes at Php150 each. Of these 500 units, she gave a total of 20 giveaways. The total cost for each perfume is Php120. Determine Camille’s net sales volume. *4802075500 Let’s say that last November you have sold 10,000 pieces of chrysanthemum at 25 pesos each. For every piece sold, you will be given a commission of 10%. How much was your total commission? *225,00025,00010,0002.50250,000
- can you please help me answer this question.... Rebar Company prepared the following analysis of its year-end inventory on December 31. First, determine the total lower of cost or market value for each product in Rebar Company's inventory. Second, prepare the journal entry needed at year-end to value the inventory at LCM, if applicable. Historical Cost Replacement Cost Product Quantity per unit per unit A 17 $430 $499 B 140 325 299 C 38 75 69link of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1. According to Weele, why should we measure the purchasing function? 2. According to Weele, what elements in the purchasing function should we measure? 3. According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 4. According to Simpson and et.al, why should we measure the performance of our suppliers? 5. According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.Michael’s Offi ce Supply (MOS) sells offi ce furniture,equipment, and supplies. Th is week the company has received 50customer orders. Each order has an average of fi ve line items. Th eaverage dollar amount of each order is $1200. MOS was able toship 47 of the 50 orders on schedule.(a) Using the percentage of orders shipped on time, calculatethe customer service level.(b) If Michael’s calculates customer service level by using thepercentage of line items shipped on schedule, how manyline items must be shipped to achieve the same customerservice level calculated in part (a)?(c) If Michael’s calculates customer service level by thepercentage of dollar volume shipped, how many dollarsof product must be shipped to achieve the same customerservice level calculated in part (a)?(d) What factors determine the customer service levelmeasure that MOS should use?
- Conduct an ABC analysis on the following twelve items. SKU $ Value/Unit Annual Use (units) B 60 580 D 52 620 36 720 K 20 600 38 300 40 250 25 360 16 280 G 480 10 320 12 240 22 120B 8,000 A 4,000 10,000 20,000 Disposable income Figure 1.2 2) Refer to Figure 1.2. The slope of the line between Points A and B is A) 0.4. C) 2.5. B) 1.2. D) indeterminate from this information. ConsumptionConsider the following financial data from the past year for Midwest Outdoor Equipment Corporation. Annual sales $24,324,000 Net income 2,975,000 Cost of goods sold 12,600,000 Total assets 10,550,000 Inventory 2,875,000 Receivables 3,445,000 The Midwest Outdoor Equipment Corporation has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new arrangement, called vendor managed inventory, the supplier manages its raw material inventory inside the manufacturer’s plant and bills only the manufacturer when the manufacturer consumes the raw material. This is expected to reduce total assets by $2 million. What is the expected change in return on assets? Note: Round your answer to 2 decimal places.