Discuss why it is important for hard rock cafe to accurately forecast demand and information regarding lead time

Opertion Management No handwritten solution. Maitain quality and accuracy in your answer

The option attempts to absorb the demand fluctuations is :   Capacity option  Demand option

Create the Income Statement in the proper format, including net sales, COGS, gross profit, expenses and net income. Create a Statement of Owners Equity Provide an ending inventory schedule (schedule should include in good order, details by transaction) Provide the Net Book Value for the equipment Provide only the journal entries for the following: Income allocation between partners Record the monthly bad debt expense Record the monthly depreciation expense Recognize the bad debt write-off for Jenny   Provided information:   Beginning Inventory Schedule (listed in the order they were purchased):       Beginning Inventory 8TT Units Cost Amount 130 $5.00 $650.00 135 $5.20 $702.00 156 $5.50 $858.00  421   $2,210.00 Beginning Inventory CT Units Cost Amount 140 $7.00 $980.00 160 $7.50 $1,200.00 256 $8.00 $2,048.00 556    $4,228.00                 You estimate that VAC will write off 3% of…

Sapphire Aerospace operates 52 weeks per year, and its costof goods sold last year was $6,500,000. The firm carries eightitems in inventory: four raw materials, two work-in-processitems, and two finished goods. Table 12.3 shows last year’saverage inventory levels for these items, along with their unitvalues.a. What is the average aggregate inventory value?b. How many weeks of supply does the firm have?c. What was the inventory turnover last year?

The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $47 First purchase 15 units at $50 Second purchase 20 units at $21 Third purchase 18 units at $58 The firm uses the periodic system, and there are 27 units of the commodity on hand at the end of the year. What is the ending inventory balance at the end of the year rounded to nearest dollar according to the average cost method? Do not round intermediate calculations. a.$1,269 b.$1,233 c.$1,323 d.$1,148

ABC Company had the following inventory information:   Beginning inventory: 500 units at $10 per unit Purchases: 1,000 units at $12 per unit Sales: 800 units Ending inventory: 700 units Calculate the cost of goods sold for ABC Company.

part b

with the complexity of the product range and the need for high levels of quality, she has found it difficult to influence sourcing strategy. Formal procurement procedures and systems at PEC are very limited. Currently, the buyer waits to receive a requisition from the production function to place orders for equipment, materials and products. This means that orders are usually urgent and the buyer has little opportunity to review alternative suppliers or sourcing approaches. Low value maintenance, repair and operations (MRO) requirements cause particular problems as the requisitions are difficult to aggregate. This causes excessive and time-consuming administration for the buyer. Testing requirements Pressure testing machinery used for testing the quality of seams in the protective work-wear is nearing the end of its life and will soon require replacement. Product testing is essential to confirm final quality of manufacture and conformance to industry standards. The test equipment is…

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