Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $56 million. During the year, the inventory of access turned over eight times. For the next year, Cyberphone plans to increase annual sales (at cost) by 31 percent. a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year? $. (Ent your response as an integer.) b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year's sales with no increase average aggregate inventory value? turns. (Enter your response rounded to one decimal place.)
Q: Monthly maintenance costs are distributednormally with a μ=$250 and σ=$50. What percent of months ha...
A: A Normal distribution is indeed a symmetric probability distribution about the mean that shows that ...
Q: 18- How long will the project be if the duration of the activity G becomes eight weeks
A:
Q: How to find the areas of misalignment between risk appetite statement and the risk register (focusin...
A: Risk appetite refers to the amount of risk that an organization is willing to endure to achieve goal...
Q: Is it important for companies to know the entire supply chain of the products they are selling or i...
A: The achievement of a manufacturing association is exceptionally subject to the accomplishment of the...
Q: Company PT. Indah Garment has a QC division: Quality Control on duty Ensure that the raw materials ...
A: A Small Introduction about Quality Control Quality control includes testing units and deciding whet...
Q: 1. What is Talisman's optimal inventory control policy; that is, its optimal order quantity Q* and r...
A: A Small Introduction to Inventory Management Inventory management alludes to the method involved ...
Q: 3. A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per...
A: EOQ is the quantity at which both ordering cost and holding cost becomes equal and the quantity help...
Q: Sarah has been employed for just over two years as a supervisor in a facilities management company, ...
A: Saima ought to direct Sarah on the practical angles regarding creating an unreasonable excusal assu...
Q: Traditional management verses Modern Management and give example of any three
A: A Small Introduction about Management Management is the fulfillment of organizational objectives ...
Q: a. Develop a regression model that could be used to predict the final average in the course based on...
A: Final average is the dependent variable here. So, y = final average1st test grade is the independent...
Q: What will be the minimum cost to transfer the required goods? How many of WT88 and BH54 Radiant shou...
A: The LP formulation can be solved with excel.
Q: Is Amazon Web Services an ERP system?
A: Enterprise resource planning is an umbrella term for a complicated type of business management softw...
Q: You have a new job as a Financial Planning assistant. Your client wants to invest money in stocks, ...
A: In this problem We're attempting to maximize or decrease the value of this linear function, such as ...
Q: Wood Log Company has forecasted the demand for wooden log for next month. The company has listed the...
A: The total flow times for all flow units that depart the process yield the average flow time. The flo...
Q: difference between patches and service packs
A: Service packs and patches both are kind of product pupations releasing based on requirements of the ...
Q: 1. Which of the following is generally considered a characteristic of project process? A. Operation...
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you wan...
Q: How can you make a contribution in a situation in which you were working as part of a team?
A: Effective teamwork is an important part of every project or organization and it is possible only whe...
Q: b) The Scott Tractor Company ships tractor parts from Omaha to St. Louis by railroad. However, a con...
A: The objective of the maximal flow network diagram is to find the maximum output the firm can get fro...
Q: 1. Maximize Z = 2X1 + X2 Subject to: X2 < 10 ...
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you wan...
Q: A semiconductor manufacturer produces a particular solid-state module that it supplies to four diffe...
A: given, minimum total cost. II II IV 1 13 9. 19 В 1 16 1 14 2 13 1 15 4
Q: Treno Ltd panning to establish an additional plant for expanding its operations in the country for t...
A: Given: Mumbai: Fixed cost = Rs. 77,00,000 Variable cost = 666 x 11,000 = Rs. 73,26,000 Delhi: Fix...
Q: can a project manager function in a scrum environment?
A: Scrum is a framework for project management that underscores cooperation, responsibility, and iterat...
Q: strategles be be Impleme der to achie the objective of optimizing the productivity of retail space a...
A: One way to optimize productivity is to use stores. This allows you to do them fast with a minimum of...
Q: Customers approach Florence’s Fortune Telling booth at a rate of 8 people/ hour. (Arrival rate follo...
A: Given data Clients approach to the organization at the rate of 8people per hour. Hence, Arrival ra...
Q: ter at a large regional hospital provides training sessions in CPR to all employees. Assume that the...
A: Following will be the definitions : Efficiency = (Actual output ÷ Effective capacity) × 100 Utilizat...
Q: a) Identify ONE (1) Business Process Modelling tool. b) For the tool you identified in a) above, des...
A: a) Business process modelling can be broadly defined as the methodology which involves the creation ...
Q: Now that English is the universal language of business, communicating in the native tongue of custom...
A: Communication is the most important tool in any exchange between buyer and seller and though languag...
Q: Suppose you only study two hours for your next test. You fail the test and tell the teacher that he ...
A: Responsibility is the main thing between teacher and student both of them has to fulfill their respo...
Q: The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot...
A: Here, I need to determine the optimal run size, the number of runs for each year and the number of d...
Q: a. Construct a time series plot. What type of pattern exists in the data? b. Compare a two-week movi...
A: Forecasting is predicting in advance the values through various methods like moving averages, expone...
Q: The DPCI score for size would be 4 in which of the following situations? The project manager and...
A: In managing the organizational project, we would consider the DPCI score or Darnall Preston Complexi...
Q: Management behaviors supporting an organizational culture that encourages continuous improvement inc...
A: Organisational culture refers to the underlying concepts, beliefs, values, and ways of interacting t...
Q: _____ works at finding defects while ____ works at preventing defects a. Quality Control, Quality ...
A: Many individuals mistakenly assume that quality assurance and quality control are the same thing. Bo...
Q: A supermarket has more than one server servicing at counters. The customer arrives in a Poisson fash...
A:
Q: Sheaves Corporation economists estimate that a good business environment and a bad business environm...
A: Volatility can be broadly described as a tool for the measurement of the security risk of the compan...
Q: Before answering the following questions, you must draw the arrow diagram, rectangles, network calcu...
A: Expected Time= a+4m+b6 Where a= Optimistic time b= Pessimistic time m = Most...
Q: Which of the following statement regarding liability risk is (are) TRUE? There is no maximum upper l...
A: Liability risk means where the firm has to bear for the specific type of losses incurred by his empl...
Q: Which of the following are the technological attributes that contribute to project complexity? N...
A: Project complexity is the characteristic of a project which makes it challenging to comprehend, anti...
Q: Dwayne Cole, owner of Florida firm that manufactures display cabinets, develops an 8-month aggregate...
A: Find the Given details below: Month Jan Feb Mar Apr May June Jul Aug Total Demand (Unit) 255 29...
Q: answer only letters D, E, F
A: A Small Introduction about Production Management Production management is a course of arranging, pu...
Q: What are the similarities between MRP and DRP?
A: Inventory management is management in which raw materials and resources are ordered, stored and sold...
Q: A vast majority of raw materials are delivered from varied global vendor locations to manufacturing ...
A: Suppliers management is the management process in which different activities are listed to monitor q...
Q: MRP is more than an inventory system; what additionalcapabilities does MRP possess?
A: Material requirement planning is the production system of planning, inventory control and scheduling...
Q: Before answering the following questions, you must draw the arrow diagram, rectangles, network calcu...
A: Expected time = a +4m+b6 where a = Optimistic time b = Pessimistic time m = Mo...
Q: How may formative scales be used to examine the possibility of a cross-level moderati
A: formative measurement classical occurs when the measured variables are deliberated to be the reason ...
Q: List and define the main areas of risk management concern.
A: The successful implementation of any process have number of risks involved. The associated risks mus...
Q: Discuss the ongoing challenges of recruitment trends with respect to women and minorities in law enf...
A: There are various ongoing challenges of recruitment trends with respect to women and minorities in l...
Q: What are 4 CAPACITY TECHNIQUES that can be used in short term?
A: A Small Introduction about Short-Term Short-term planning and scope organization, work change and a...
Q: 11- What is the time to complete the project that achieves the probability of its magnitude? 16.5
A: Expected duration of project=(a+4m+b)/6
Q: What is Operations Management? What are major OM decisions? What are the key differences between goo...
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you wan...
given,
annual sales = 56 million
next year increase annual sales = 31%
turnover 8 times
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $42 million. During the year, the inventory of accessories turned over six times. For the next year, Cyberphone plans to increase annual sales (at cost) by 24 percent. a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year? $. (Enter your response as an integer.) b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year's sales with no increase in the average aggregate inventory value? turns. (Enter your response rounded to one decimal place.)
- Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $72 million. During the year, the inventory of accessories turned over eight times. For the next year, Cyberphone plans to increase annual sales (at cost) by 18 percent. a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year? $nothing. (Enter your response as an integer.) b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year's sales with no increase in the average aggregate inventory value? nothing turns. (Enter your response rounded to one decimal place.)Su;bject: Logistic Management Q): What are the causes of poor inventory management & how manager control it & manage poor inventory? Q): What challenges faces in reverse logistic?Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,680 Cost of sales $13,980 Inventory $1,020 Total assets $8,360 a) What is its weeks of supply? decimal places). weeks (round your response to two b) What percentage of Arrow's assets are committed to inventory? response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? decimal places). % (enter your times per year (round your response to two d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is better worse the same
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,120 February 4,220 March 3,920 April 4,320 May 4,920 June 4,620 July 5,220 August 4,820 September 5,320 October 5,620 November 6,220 December 5,920 a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round…Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue Cost of sales Inventory Total assets $16,480 $14,740 $1,010 $9,220 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory? % (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, isDemand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,220 February 4,320 March 4,020 April 4,420 May 5,020 June 4,720 July 5,320 August 4,920 September 5,420 October 5,720 November 6,320 December 6,020 Using linear regression analysis, what would you estimate demand to be for each month next year? (Round two decimal places) To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units…
- Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its production lines. Here is demand over the past 12 quarters: TWO LAST THIS YEARS AGO UNITS YEAR UNITS YEAR UNITS 4,805 3,505 4,305 3,005 3,505 2,705 3,490 2,405 3,195 2,105 2,705 1,705 II II II II IV IV IV Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Period Forecast (Units) II II IV · = = >Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its production lines. Here is demand over the past 12 quarters: LAST THIS YEAR TWO YEARS AGO UNITS YEAR UNITS UNITS 4,785 3,495 2,696 3,475 3,210 2,078 2,705 1,695 I I I II 3,475 4,195 II II III III III IV 2,995 IV 2,375 IV Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Period Forecast (Units I II III IV