Do problem 3 a through c. For problem 3 there 6 #10 cans in a case of green beans they cost $28.10 a case and 12 cases are ordered, for tomato sauce computed the same as green beans. For problem 3 on (c) the discount is .1% not 10%. ""Lead timeSafety levela. How many pounds should be ordered at the order point? How many 10-poundpoly bags should be purchased?1 day1 dayb. The order is placed when there are 390 pounds available. How many purchase unitsshould be ordered?c. What is the usage rate in the four-day order period?d. How many 10-pound poly bags are used daily and during the order period?e.How many purchase units are included in the lead time and safety level factors?f. What is the maximum number of pounds to be available?How many purchase units should be purchased at the order point?8.ItemGround BeefGreen BeansTomato SauceShrimpProblem 3The following information is provided on a delivery invoice. Use this information to answerthe following questions:.lasing and Receiving Controls 225Ordered251266•Pack10 lb6 #10 cs6 #10 cs10 5-lb csWeight (lb)250 lb300 lbUnit Price$2.30$28.10$26.75$8.45a. What is the total amount due?b. The sharp-eyed employee who received the order noticed the following:.AmountOnly 23 10-pound bags of ground beef were received.One case of green beans appeared damaged (the corner of the case was crushed;the cardboard case looked like it had been wet and then had dried).There were 7 cases of tomato sauce.There were only 5 cases (10 5-lb) of shrimp.What is the amount that should be entered on the request-for-credit memo?What is the adjusted amount of the delivery invoice?c. The supplier will give a 10-percent discount if the invoice is paid within 10 days. Whatis the total amount of the invoice to be paid, assuming that this discount is taken?

Answered: Do problem 3 a through c. For problem 3…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Related questions

Question

Do problem 3 a through c. For problem 3 there 6 #10 cans in a case of green beans they cost $28.10 a case and 12 cases are ordered, for tomato sauce computed the same as green beans. For problem 3 on (c) the discount is .1% not 10%.

"
"
Lead time
Safety level
a. How many pounds should be ordered at the order point? How many 10-pound
poly bags should be purchased?
1 day
1 day
b. The order is placed when there are 390 pounds available. How many purchase units
should be ordered?
c. What is the usage rate in the four-day order period?
d. How many 10-pound poly bags are used daily and during the order period?
e.
How many purchase units are included in the lead time and safety level factors?
f. What is the maximum number of pounds to be available?
How many purchase units should be purchased at the order point?
8.
Item
Ground Beef
Green Beans
Tomato Sauce
Shrimp
Problem 3
The following information is provided on a delivery invoice. Use this information to answer
the following questions:
.
lasing and Receiving Controls 225
Ordered
25
12
6
6
•
Pack
10 lb
6 #10 cs
6 #10 cs
10 5-lb cs
Weight (lb)
250 lb
300 lb
Unit Price
$2.30
$28.10
$26.75
$8.45
a. What is the total amount due?
b. The sharp-eyed employee who received the order noticed the following:
.
Amount
Only 23 10-pound bags of ground beef were received.
One case of green beans appeared damaged (the corner of the case was crushed;
the cardboard case looked like it had been wet and then had dried).
There were 7 cases of tomato sauce.
There were only 5 cases (10 5-lb) of shrimp.
What is the amount that should be entered on the request-for-credit memo?
What is the adjusted amount of the delivery invoice?
c. The supplier will give a 10-percent discount if the invoice is paid within 10 days. What
is the total amount of the invoice to be paid, assuming that this discount is taken?

Expert Solution

Step 1

An invoice is a business document given to a buyer by a seller when dealing in a goods transaction. It includes a description of goods and their quantity and price per unit. It is proper evidence of when the payment was collected and how much was paid in advance or the balance left for credit if any. Invoices are the same but called by different names such as purchase invoices, sales invoices, credit invoices, debit notes, and so on. All of these documents are one and the same thing where information regarding the goods and their payment is described to settle the pending debts.