Question 20 of 20 Figure 2-2 C B Refer to Figure 2-2. Carla regularly buys fruits and vegetables at a grocery store. Roberto regularly pays a lawn-care company to mow his lawn. If the flow of fruits and vegetables from the grocery store to Carla is represented by an arrow from Box C to Box B of this circular-flow diagram, then the money paid by Roberto to the lawn-care company is represented by an arrow O a from Box A to Box D O b. from Box B to Box C. O c from Box C to Box B. O d. fromi Box D to Box A. 0- Icon Key 11:39 AM 30°F Mostly cloudy 1/11/2022 DELL 立
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- Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been rumning out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. I. II. Show how Mr. Ferdinand can test the accuracy of his forecast. III. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef. 日正QUESTION 3Space and equipment are major components of cost in warehouse management. Cube utilization refers to the efficient use of space in the warehouse both on the floor and in height. You are reviewing the efficiency in relation to space utilization in the warehouse.(a) The following information is identified for some of the stock items in the warehouse. Stock keeping unit(SKU) | Number of PalletsSKU 010 2 SKU 020 5 SKU 030 13 SKU 040 7 SKU 050 4 a) The pallets are being stored 3 high. Calculate the percentage utilisation in the warehouse? (b) It is found that the low rate of space utilisation is because the warehouse is using a fixed location method of storage. Recommend two other methods of stock location the organisation can use giving reasons why?Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been running out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. I Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. II. Show how Mr. Ferdinand can test the accuracy of his forecast. II. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef.
- Question 1: Assume that you own and operate a business. Your production this year was based on prior years' experience. You have been left, however, with 100,000 unsold units on hand. You have been selling your product at $5 each and expected the same price for these 100,000 units. You have exhausted all avenues you can think of for disposing of your excess product. You do not have the storage capacity for keeping these units in inventory while you continue production. This morning a giant retail organization contacted you urgently seeking the type of product you produce to fill deficits in their supply. They offer to pay you $3 per unit. 1. How would you assess whether or not you should negotiate? Identify the factors you would consider and give reason for their consideration. [YOU MUST GIVE THE REASON FOR CONSIDERATION OF EACH FACTOR SEPARATELY OTHERWISE YOUR ANSWER WILL NOT BE ACCEPTABLE] 2. What factors can you readily identify that will affect your negotiation options and…Question 3 Knowing that the demand for wheat is inelastic, if all farmers voluntarily did not plant wheat on 10 percent of their land, then O a. consumers of wheat would buy more wheat. O b. wheat farmers would suffer a reduction in their total revenue. O c. wheat farmers would experience an increase in their total revenue. Od. the demand for wheat would decrease.Q.24 MZ Entertainment has been using this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inventory requirements: Inventories = P25M + 0.125(Sales). The company expects sales of P355 million during the current year, and it expects sales to grow by 20% next year. What is the inventory forecast for next year?
- Question 7 The information in this paragraph applies to this question and the three questions that follow (so, questions 7-10). Store manager Rosalía has noted that the daily demand for the exclusive Motomami candles produced and sold in her Fire Doll Artisan Chandlery located in downtown Champaign is 40 candles. Fire Doll Artisan Chandlery remains open 365 days a year. The lead time for producing the candles is 9 days. Rosalía uses a continuous review system to manage her inventory relying on economic order quantity (EOQ) to decide how much to make and reorder point (ROP) to decide when to make. Determine the reorder point assuming the daily demand is spread evenly (i.e., no safety stock). Question 8 Rosalía notes that daily demand has a standard deviation of 4 candles. Calculate the safety stock for a 99% service level, the z score for which, using the function =NORM.S.INV(0.99) in Microsoft Excel, is 2.33. Question 9 Rosalía makes the candles in quantities of 560 at a time. How many…Additional Question. The XYZ steel company must determine a policy for ordering coal to operate 15 converters. The ordering cost is $85/order and the cost of holding coal is 15% of the purchasing cost. The XYZ has a contract to obtain the coal for $14 per ton for the coming year. Each converter requires exactly 8 tons of coal per day to operate, and the firm operates 300 days per year. a. Determine the optimal quantity of coal to receive in each order. b. Determine the total inventory-related cost associated with the optimal ordering policy c. Optimal number of orders to place per year and number of operating days between orders, based on the optimal ordering. d. The XYZ is now considering to the following discount policy provided by supplier: Order Quantity (tons) 1,000 - 1,999 Price per ton $14 $12 $10 2,000 - 2,999 3000+ Please help the XYZ to determine the amount the firm should order.QUESTION 1 (a) An art dealer's client is willing to buy the Sunflower painting at $50,000. The dealer can buy the painting today for $40,000 or can wait a day and buy the painting tomorrow (if it has not been sold) for $30,000. The dealer may also wait another day and buy the painting (if it is still available) for $26,000. At the end of the third day, the painting will no longer be available for sale. Each day, there is a 0.60 probability that the painting will be sold. Construct a decision tree and determine the strategy that will maximize the dealer's expected profit.
- Q. Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.a. Suppose Cypress River estimates a linear trend without accounting for this seasonal variation. What effect would this omission have on the estimated sales trend?b. Alternatively, suppose there is, in fact, no seasonal pattern to sales, and the trend line is estimated using dummy variables to account for seasonality. What effect would this have on estimation? Thank you for providing answer.Question 3 [Soalan 3] Use the data set below to answer the following questions: [Gunakan set data di bawah untuk menjawab soalan-soalan berikut:] Table 1: Monthly sales unit [Jadual 1: Unit jualan bulanan] Month [Bulan] Sales Units [Unit Jualan] 1 1100 2 1200 3 1450 4 1800 5 2100 6 2700 Calculate the three-period simple moving average forecasts for months 4, 5 and 6. [Hitungkan ramalan purata bergerak mudah menggunakan empat-tempoh untuk bulan 5 dan 6.]Need help with question B. The fomula is Lmax = In K/ In P