QUESTION 6 Bob's Department Store would like to develop an inventory ordering policy with a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets. Demand for white percale sheets is 4,000 per year. The store is open 365 days per year. Every two weeks (14 days) inventory is counted and a new order is placed. It takes 10 days for the sheets to be delivered. Standard deviation of demand for the sheets is 4 per day. There are currently 150 sheets on-hand. How many sheets should you order? Selected Answer: OPM FINAL Q #6.xlsx Remove

Question 1: A piece of equipment used in a business has a basis of $25,000 and is expected to have salvage value $5,000 at the end of it's 5 years of useful life. Find its annual depreciation rate and tabulate the annual depreciation amounts and book value of the equipment at the end of each year. Nears

QUESTION TWO Glams Touch is a budding cosmetics family business in Sekondi. The owners, Baaba Benson and Bernard Benson, must ensure that they judiciously use the store space available. They have never kept detailed inventory or sales records. They immediately place new items on the shelves as soon as shipment of goods arrives. Invoices from suppliers are only kept for tax purposes. During sales, they record the items numbers and the total amount received at the cash register. The owners use their own judgment in identifying items that need to be reordered. Baaba and Bernard rely on their own judgment in deciding the cosmetics that need to be restocked. Analyse the business implication of this situation. In your view, how could information systems be utilized to assist the Bensons manage Glams Touch. Enumerate some data that should be captured by the systems and what information outputs are to be churned out from the system.

Question#3 In JUnit the principle of “Hollywood Principle: Don’t call us, we’ll call you” is commonly known as _____________ a) Calling Principle b) Control Call c) Inversion of Control d) No-Show Principle