Which type of inventory system would you use in the following situations? a. Supplying your kitchen with...
Which type of inventory system would you use in the following situations?
a. Supplying your kitchen with fresh food.
b. Obtaining a daily newspaper.
c. Buying gas for your car.
To which of these items do you impute the highest stockout cost?
Homework Answers
Answer- a. I would use order quantity for supplying your kitchen with fresh food because I would like to keep different items in my kitchen and will purchase when the quantity is low on regular basis.
b.Periodic model would use for obtaining a daily newspaper as newspaper is purchased one after the other.
c.a hybrid type model would be used when buying gas for your car because the fuel tank of your car can accomodate a certain amount of gas.
Buying gas for your car is the highest stockout cost because if there is no gas in my car it would be highest stockout as gas is not available everywhere.
Add Answer to:
Which type of inventory system would you use in the following
situations?
a. Supplying
your kitchen with...
Based on your experience and shopping habit, discuss WHAT inventory control model you will use in...
Based on your experience and shopping habit, discuss WHAT inventory control model you will use in the following scenarios and WHY you will use that specific model. a. Supply our kitchen with fresh food b. Obtaining a daily newspaper c. Buying gas for your car d. Ordering the game sweater for the community baseball game Inventory control models: Single period model (also called Newsvendor model) Fixed order quantity model (also called Q-model or EOQ model) Fixed time model (also called...
If you were attempting to maximize your net income, which inventory cost flow assumption would you...
If you were attempting to maximize your net income, which inventory cost flow assumption would you choose? Why? What conditions must exist for this method to produce the highest net income? When perpetual inventory records are kept, the results under the FIFO and LIFO methods are the same as they would be in a periodic inventory system.” Do you agree? Explain.
What type of pricing agreements would you recommend for the following situations? a)The provision of specialist...
What type of pricing agreements would you recommend for the following situations? a)The provision of specialist consultancy services for a period of six months to support the purchase of a new IT system. b)The manufacture of a new component for incorporation in a new product that will be launched in six months’time. c)The building of a new school where the contract requires the contractor to supply all the furnishings and equipment . d)The retention of a professional institute to provide...
Which type of system would you use to change a production schedule if a key supplier...
Which type of system would you use to change a production schedule if a key supplier was late in delivering goods? ESS TPS MIS DSS
Which of the following forms would you use to gain insight into the daily nutritional habits...
Which of the following forms would you use to gain insight into the daily nutritional habits of a client? Comprehensive client form PAR-Q 3-day dietary record Food intolerance form
31. Which of the following forms would you use to gain insight into the daily nutritional...
31. Which of the following forms would you use to gain insight into the daily nutritional habits of a client? A Comprehensive client form B. PAR-Q C. 3-day dietary record D. Food intolerance form
Which of the following goods/services are example of bundling? What would be the answers to question...
Which of the following goods/services are example of
bundling?
What would be the answers to question 1,7, and 2 if you could
provide explanations to how you got to your answers to have a
better understanding Thank you.
QUESTION 1 When buying a car, salespeople try to learn a lot about you: what do you for a living, why you want a car, etc. They are not simply being friendly, they are setting up for price discrimination. How? So they...
Assume your company manufactures custom furniture, handicraft, and other decorative display items. What type of cost...
Assume your company manufactures custom furniture, handicraft, and other decorative display items. What type of cost accounting system do you recommend that your company use? What documents would you recommend as part of this accounting system? Subjecct: Managerial Accounting Write more than 300 words.
You run a donut delivery business and use your own car (which you own free and...
You run a donut delivery business and use your own car (which you own free and clear) to make the deliveries. Which of the following is true. . You must account for the opportunity cost associated with using your car to make deliveries calculating your economic profit. In this example accounting profit would equal economic profit. The use of your own car is an explicit cost of production. Since you don't pay yourself rent on the use of your car...
erahs.strongmind.com/c ourses/2724/assignments/490660?module item id-1341385 one anything or will you do anything, to prepare your kitchen for...
erahs.strongmind.com/c ourses/2724/assignments/490660?module item id-1341385 one anything or will you do anything, to prepare your kitchen for one anything, or will you do anything, to prepare any other part of your home before Gourmando's vist? en saved Question 3 of 4 In an' upcoming lesson, you'll learn about standard deviations and z-scores. In this problem, youl get an advance look at these concepts. Recall that CalAmity's first survey question asked, 'On a scale of 1 to 5, with 1 being "not...
31. Which of the following forms would you use to gain insight into the daily nutritional habits of a client? A Comprehensive client form B. PAR-Q C. 3-day dietary record D. Food intolerance form
Which of the following goods/services are example of
bundling?
What would be the answers to question 1,7, and 2 if you could
provide explanations to how you got to your answers to have a
better understanding Thank you.
QUESTION 1 When buying a car, salespeople try to learn a lot about you: what do you for a living, why you want a car, etc. They are not simply being friendly, they are setting up for price discrimination. How? So they...
You run a donut delivery business and use your own car (which you own free and clear) to make the deliveries. Which of the following is true. . You must account for the opportunity cost associated with using your car to make deliveries calculating your economic profit. In this example accounting profit would equal economic profit. The use of your own car is an explicit cost of production. Since you don't pay yourself rent on the use of your car...
erahs.strongmind.com/c ourses/2724/assignments/490660?module item id-1341385 one anything or will you do anything, to prepare your kitchen for one anything, or will you do anything, to prepare any other part of your home before Gourmando's vist? en saved Question 3 of 4 In an' upcoming lesson, you'll learn about standard deviations and z-scores. In this problem, youl get an advance look at these concepts. Recall that CalAmity's first survey question asked, 'On a scale of 1 to 5, with 1 being "not...
Most questions answered within 3 hours.
-
Industry: Telecommunications in India
Here, you need to discuss the sources of the growth pattern
and...
asked 1 hour ago -
Hydrobromic acid
dissolves solid iron according to the followiaung reaction:
Fe(s)+2HBr(aq)→
FeBr2(aq)+ H2(g)
Part A. What...
asked 2 hours ago -
Verify the following vector identity in SPHERICAL
COORDINATES.
div(curl(A)) = 0
asked 4 hours ago -
The work function (Φ) for a metal is 7.50×10-19 J.
What is the longest wavelength (nm)...
asked 5 hours ago -
1. Would the following procedural changes cause the
calculated mass percent Ni2+ ion in Ni(NH3)nCl2 to...
asked 6 hours ago -
1. Why does the voltage of the capacitor vary with frequency?
where does this missing voltage...
asked 7 hours ago -
p p please write each step out clearly
3. A manager of a company is considering...
asked 6 hours ago -
On October 1, Ebony Ernst organized Ernst Consulting; on October
3, the owner contributed $83,540 in...
asked 8 hours ago -
A.)As an electron moves through a region of space, its speed
decreases from 9.60 × 106...
asked 8 hours ago -
In java with the netbeans program do:
Through object programming
Create a class "ContadorP", which is...
asked 8 hours ago -
Pattern Corporation acquired all of Science
Company's outstanding stock on January 1, 2016 for $600,000 cash....
asked 8 hours ago -
Here are all accounts Tyler Co. maintains.
Tax expenses $4,750
Common stocks $48,840
SG&A expenses $2,500...
asked 8 hours ago