
Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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What is inventory control. and why is it imponant?
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- Which of these factors would NOT be needed when prorating an expense? the total of the annual bill the real estate transfer tax amount whether the expense was prepaid or accrued the length of the calendar being usedarrow_forwardLast Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…arrow_forward17 How many merchandise plans does a store or department typically develop for a year? Group of answer choices 12 2 6 52arrow_forward
- 10.3. The Ashton Furniture Company manufactures coffee tables and chests of drawers. Last year the company’s cost of goods sold was $3,700,000, and it carried inventory of oak, pine, stains, joiners, and brass fixtures, work-in-process of furniture frames, drawers and wood panels, and finished chests and coffee tables. Its average inventory levels for a 52-week business year were as follows: Raw Materials Average Inventory Unit Cost Oak 8000 $6.00 Pine 4500 4.00Brass fixtures 1200 8.00Stains 3000 2.00Joiners 900 1.00 Work-in-Process Frames 200 $30Drawers 400 10Panels 600 50Chests…arrow_forwardHurry, please 1. Explain the relationship between customer expectations and customer perceptionsarrow_forwardWhat is the importtance of forecasting room availability and room revenue for Front Office Managers.arrow_forward
- UPVOTE WILL BE GIVEN! PLEASE ANSWER IN TYPEWRITTEN. ANSWER WHAT IS BEING ASKED.arrow_forwardWhat are 'accelerated filers,' and how are they selected (i.e., based on revenue, number of employees, and so on)?arrow_forwardState TWO (2) features of a control system that is used at the tactical level of management in a commercial entityarrow_forward
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