Cost-based transfer price is the best transfer price because it is very easy to measure and understand. True or False

Your options for shipping $96,970 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 32 days at a cost of $3,370, or (2) truck the parts to Los Angeles and then ship at a total cost of $5,180. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year. If you have a third option and it costs only $4,440 and also takes 20 days, what is your most economical plan? The daily holding cost of Alternative 1 is $ 79.70 . (Enter your response rounded to two decimal places.) The daily cost of faster shipping with Alternative 2 is $ 150.83. (Enter your response rounded to two decimal places.) The daily cost of faster shipping with Alternative 3 is $ (Enter your response rounded to two decimal places.)

What is the point of having safety stock? Give an example to illustrate your point.

Determine which delivery alternative would be most economical for 70 boxes of parts. Each box costs $346 and the annual holding cost is 30% of the cost. Assume 365 days per year. Overnight delivery option costs $300, and eight-day delivery option costs $125 a. The overnight option is at least $70 cheaper than eight-day b. The eight-day option is at least $35 cheaper than overnight c. The eight-day option is at least $70 cheaper than overnight d. The overnight option is at least $35 cheaper than eight-day

Coca Cola in Turkey manages its products' inventory at Shell gas stations, that is Coca Cola, decides replenishment time and the order quantities for all its products. Shell sends real-time sales data of Coca Cola products at its gas station stores and as part of this agreement Coca Cola gives a certain percentage discount in the prices it charges to Shell. Based on what we learned in class, choose the correct statement(s): O a. Because Shell owns the stores it is more likely to make better forecasts of the demand for Coca Cola products Ob. This agreement is a strategy to reduce the bullwhip effect Oc. The main purpose of VMI is to reduce lead time in supply chains O d. This is known as vendor-managed inventory (VMI)

Your options for shipping ​$104,800 of machine parts from Baltimore to Kuala​ Lumpur, Malaysia, are​ (1) use a ship that will take 30 days at a cost of ​$3,370​, or​ (2) truck the parts to Los Angeles and then ship at a total cost of ​$5,030. The second option will take only 18 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30​% of the value per year.   If you have a third option and it costs only ​$4,080 and also takes 18 ​days, what is your most economical​ plan? Part 2 The daily holding cost of Alternative 1 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 3 The daily cost of faster shipping with Alternative 2 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 4 The daily cost of faster shipping with Alternative 3 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 5 ▼   Alternative 1? Alternative 2? Alternative 3? is more economical.

A firm incurs a fixed order cost of $10 per order and 20 percent annual holdingcosts. It purchases an item for $2.50 and sells 1000 units per year. It is offered a 5 percentdiscount if it purchases 800 units or more. How much does it save each year (includingpurchasing, ordering, and holding costs) if it purchases enough units to get the discount?

90 Questions remaining Before going on vacation, your insured trades in his outboard boat, motor and trailer for new, more exper sve models without your knowledge. When he returns, six weeks later, he advises you of the transaction and at the same time reports riking a rock with the motor while he was away, which cost $1,000 to repair. His Homeowners policy contains a "Watert caft, Outboard Motor. Trailer and Miscellaneous Equipment" rider. What would be your response? A) You will report the change to the insurer, assure him the policy covers the loss and ask him to submit the repair bill. OB) The policy does not cover the loss since he did not report the new acquisition within 30 days. OC) The policy will cover only the proportion that the value of the equipment trade bears to the value of the new equipment. OD) since he had not paid the extra premium for the higher valued equipment, the policy will not cover

A manufacturer procures a subassembly from a supplier. The annual demand is 145,000 units, the cost per unit is $4, the inventory-carrying charge is 12 percent, and the order cost is $225. For orders between 10,000 but less than 30,000, a five percent discount is applied, and for orders exceeding 30,000, a eight percent discount is applied.    What is the optimal order quantity?  Use the Quantity Discount Excel template to find your answer.

Need help! A-1 is incorrect.