Describe FOUR (4) functions of management in achieving an organization's purpose . List SIX (6) factors that determines a manager's ethical behavior

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Answer 1

1. The four (4) functions of management are planning, organizing, leading and controlling.

2. The SIX (6) factors that determines a manager's ethical behavior are individual characteristics, social factors,organization culture, legal factors, workplace environment and reinforcement mechanisms.

1. The four (4) functions of management in achieving an organization's purpose are described below:

Planning: It refers to the procedure of selecting objectives, outlining policies and procedures to achieve these objectives, and allocating resources to implement the policies and procedures. Planning provides the foundation for decision-making and aids in the efficient and successful attainment of organizational objectives. The planning process includes setting objectives, developing policies, creating procedures, developing strategies, and specifying budgets and schedules.Organizing: Organizing includes designing, building, and maintaining a framework of activities that allows a business to achieve its objectives. It also includes developing an organizational structure, delegating responsibility and authority, and assigning tasks and duties to employees, as well as ensuring that resources are allocated efficiently.Leading: The act of encouraging and guiding people toward the achievement of organizational objectives is referred to as leading. It necessitates the establishment of a culture of motivation and collaboration among employees, as well as the provision of guidance and support to team members, as well as the resolution of conflicts and tensions. In addition, leading involves the use of inspiration, vision, and communication to effectively communicate with employees.Controlling: Controlling is the process of regulating, tracking, and checking organizational activities to ensure that they are in line with predetermined goals and standards. Managers must develop an effective control mechanism that tracks progress and performance, and determines any problems or deficiencies in the organizational activities.

2. The six (6) factors that determine a manager's ethical behavior are listed below:

Individual Characteristics: It includes factors such as age, gender, personality traits, and values, which can affect ethical decision-making and conduct.Social Factors: Ethical behavior is influenced by factors such as social norms, peer pressure, social responsibilities, and group dynamics.Organizational Culture: A company's ethical culture and policies can have a significant impact on its employee's ethical behavior. Ethical standards that are clearly defined and effectively communicated can improve ethical decision-making processes.Legal Factors: Managers must adhere to a variety of legal requirements, such as legislation, regulations, and corporate governance codes. Failure to comply with these rules can lead to significant legal and financial consequences for the company and the individual.Reinforcement Mechanisms: Ethical conduct should be encouraged and incentivized. Effective reward systems, such as bonuses, promotions, and recognition, can promote and support ethical decision-making processes.Workplace Environment: The work environment may include ethical pressures that influence ethical decision-making processes. It includes aspects such as compensation structure, competition, and business practices that can affect ethical conduct.

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Related Questions

Find an example of a project that was a success OR one that didn’t succeed. For what reasons? Explain.
You can look for an example from media – newspapers, internet. Your example doesn’t, however, have to be "new".

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One example of a project that was considered a success is the Apollo 11 mission, which successfully landed astronauts Neil Armstrong and Buzz Aldrin on the moon on July 20, 1969.

This historic event marked a significant achievement for NASA and the United States in the Space Race against the Soviet Union. The mission's success can be attributed to several factors:

Clear Goal and Vision: The Apollo 11 mission had a clear and well-defined goal of landing humans on the moon and returning them safely to Earth. This vision provided a sense of purpose and direction for the entire project team.

Effective Project Management: NASA implemented rigorous project management practices to ensure the success of the mission. This included detailed planning, coordination, and execution of all aspects, including spacecraft design, engineering, testing, and mission operations.

Collaboration and Teamwork: The success of the Apollo 11 mission was a result of the collaborative efforts of thousands of individuals and teams from NASA, contractors, and various scientific and engineering institutions. Effective communication, coordination, and teamwork were vital in achieving the mission objectives.

Technological Innovation: The Apollo program pushed the boundaries of technological advancements in aerospace engineering and space exploration. The development of new spacecraft, propulsion systems, navigation technology, and life support systems enabled the successful execution of the mission.

In contrast, an example of a project that didn't succeed is the launch of the Boeing 737 MAX aircraft. The project faced significant challenges and ultimately led to two tragic crashes in 2018 and 2019, resulting in the grounding of the aircraft worldwide. The reasons for the project's failure include:

Design and Safety Issues: The Boeing 737 MAX was equipped with a new automated flight control system called the Maneuvering Characteristics Augmentation System (MCAS). However, design flaws and inadequate safety assessments of the MCAS led to unintended consequences, including erroneous activation and failure to provide proper pilot training and awareness.

Communication and Transparency: There were concerns about the lack of transparency and effective communication between Boeing, regulatory authorities, and airlines regarding the MCAS system and associated safety features. This lack of transparency contributed to a delay in addressing the issues and implementing necessary corrective actions.

Regulatory Oversight: Questions were raised about the Federal Aviation Administration's (FAA) oversight and certification process of the Boeing 737 MAX. There were concerns that the certification relied heavily on Boeing's self-assessment, potentially compromising the thoroughness of the evaluation.

Reputational Damage and Legal Consequences: The project's failure not only resulted in the loss of human lives but also had severe reputational and financial implications for Boeing. The company faced legal actions, investigations, and a significant impact on its brand image and market position.

These examples demonstrate the importance of factors such as clear goals, effective project management, collaboration, innovation, and transparency in determining project success. Conversely, the absence or mishandling of these elements can lead to project failures and negative outcomes.

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Before-tax cost of debt and after-tax cost of debt David Abbot is buying a new house, and he is taking out a 30-year mortgage. David will borrow $201,000 from a bank, and to repay the loan he will make 360 monthly payments (principal and interest) of $1,249.38 per month over the next 30 years. David can deduct interest payments on his mortgage from his taxable income, and based on his income, David is in the 32% tax bracket. a. What is the before-tax interest rate (per year) on David's loan? b. What is the after-tax interest rate that David is paying? C a. The before-tax interest rate (per year) on David's loan is %. (Round to two decimal places.)

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The before-tax interest rate on David's loan is 7.47% per year. The before-tax cost of debt is simply the interest rate paid on debt. It is calculated before any tax deductions are applied.

After-tax cost of debt, on the other hand, takes into account the tax savings resulting from the interest tax deduction. It is calculated by subtracting the tax savings from the before-tax cost of debt.Formula to calculate Before-tax cost of debt:Before-tax cost of debt = Interest rate on debt Formula to calculate After-tax cost of debt:After-tax cost of debt = Before-tax cost of debt x (1 - Tax rate) Here, David's annual payment can be calculated by multiplying the monthly payment by 12:$1,249.38 × 12 = $14,992.56.

Now, we can calculate the before-tax cost of debt using the below formula:Before-tax cost of debt = (Annual payment / Loan amount) × 100 Before-tax cost of debt = ($14,992.56 / $201,000) × 100 Before-tax cost of debt = 7.47%The before-tax interest rate on David's loan is 7.47% per year.

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What are the four tools used by the Federal Reserve to implement monetary policy? Label the ceiling and floor for monetary policy

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The Federal Reserve uses several tools to implement monetary policy. These tools are designed to influence the money supply and interest rates in the economy. The four main tools used by the Federal Reserve are:

1. Open market operations: This tool involves buying or selling government securities, such as Treasury bonds, in the open market. When the Federal Reserve buys securities, it injects money into the economy, increasing the money supply. Conversely, when it sells securities, it takes money out of the economy, reducing the money supply. Open market operations are the most frequently used tool by the Federal Reserve.

2. Reserve requirements: The Federal Reserve sets reserve requirements, which are the minimum amount of funds that banks must hold in reserve against their deposits. By changing the reserve requirements, the Federal Reserve can affect the amount of money banks can lend and thus influence the money supply. If the reserve requirement is increased, banks have to hold more reserves, reducing the amount they can lend, and vice versa.

3. Discount rate: The discount rate is the interest rate charged by the Federal Reserve to commercial banks when they borrow funds directly from the central bank. By changing the discount rate, the Federal Reserve can influence the cost of borrowing for banks. If the discount rate is increased, borrowing becomes more expensive, encouraging banks to lend less and reducing the money supply. Conversely, if the discount rate is decreased, borrowing becomes cheaper, encouraging banks to lend more and increasing the money supply.

4. Interest on reserves: The Federal Reserve pays interest on the reserves held by banks at the central bank. By adjusting the interest rate paid on reserves, the Federal Reserve can incentivize banks to hold more or less reserves. If the interest rate on reserves is increased, banks are more likely to hold excess reserves, reducing the money available for lending and lowering the money supply. If the interest rate on reserves is decreased, banks may choose to lend out more, increasing the money supply.

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The four tools used by the Federal Reserve to implement monetary policy are open market operations, reserve requirements, the discount rate, and interest on excess reserves. The ceiling for monetary policy is represented by the interest rate on excess reserves (IOER), while the floor is established by the federal funds rate target.

The Federal Reserve, the central bank of the United States, utilizes a range of tools to implement monetary policy and influence the nation's economy. These tools can be broadly categorized into four main categories:

1. Open Market Operations (OMO): This tool involves the buying and selling of government securities (such as Treasury bonds) by the Federal Reserve in the open market. When the Fed purchases these securities, it increases the money supply, leading to lower interest rates and stimulating economic activity. Conversely, when it sells securities, it reduces the money supply, causing interest rates to rise and slowing down economic growth.

2. Reserve Requirements: The Federal Reserve mandates that commercial banks maintain a certain percentage of their deposits as reserves. By adjusting this reserve requirement, the Fed can influence the amount of money that banks can lend. Lowering the reserve requirement allows banks to lend more, thereby stimulating economic activity, while increasing the requirement has the opposite effect.

3. Discount Rate: The discount rate is the interest rate at which commercial banks can borrow funds directly from the Federal Reserve. By raising or lowering this rate, the Fed can incentivize or discourage banks from borrowing, thereby affecting the overall money supply and credit availability.

4. Interest on Excess Reserves (IOER): The Federal Reserve pays interest on the excess reserves held by commercial banks. By adjusting this interest rate, the Fed can influence banks' willingness to lend or hold onto excess reserves. Lowering the IOER encourages banks to lend more, while raising it incentivizes them to hold onto excess reserves.

In the context of monetary policy, the terms "ceiling" and "floor" refer to the upper and lower bounds set by the Federal Reserve for short-term interest rates. The Fed uses the interest rate on excess reserves (IOER) as a ceiling, as it represents the highest rate at which banks can lend money in the federal funds market.

On the other hand, the federal funds rate target serves as the floor, as it represents the minimum rate at which banks can borrow overnight funds from each other. By adjusting the IOER and the federal funds rate target, the Fed can effectively control short-term interest rates and influence overall economic conditions.

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QS 24-22 (Algo) Internal rate of return LOP4 A company is considering investing in a new machine that requires an initial investment of $60,949. The machine will generate annual net cash flows of $25,376 for the next three years. What is the internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1, and EVA of \$1) (Use oppropriate factor(s) from the tables provided.)

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A financial statistic called the internal rate of return (IRR) is used to assess the profitability and allure of an investment. It represents the discount rate at which the net present value (NPV) is equal to zero when the present value of cash inflows and outflows are equal.

The discount rate that converts the present value of the net cash flows to the initial investment must be established in order to compute the internal rate of return (IRR) for the machine investment.

Making use of the details provided:

Initial investment (CF0): $60,949

(CF1, CF2, CF3) = $25,376 in terms of net cash flows per year.

The relevant factor from the tables will be used to compute the net cash flows' present value (PV). After that, we will utilize a financial calculator or trial and error to determine the discount rate (IRR) that will cause the sum of the present values to equal the initial investment.

Using the Present Value of $1 table:

PV factor for Year 1 (PV1) = 1 / (1 + r)^1

PV factor for Year 2 (PV2) = 1 / (1 + r)^2

PV factor for Year 3 (PV3) = 1 / (1 + r)^3

The present value equation is:

PV1 * CF1 + PV2 * CF2 + PV3 * CF3 = CF0

Substituting the values:(1 / (1 + r)^1) * $25,376 + (1 / (1 + r)^2) * $25,376 + (1 / (1 + r)^3) * $25,376 = -$60,949

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Uncollectible Accounts Anth Company has significant amounts of trade accounts receiv- able. Anth uses the allowance method to estimate bad debts. During the year, some specific accounts were written off as uncol- lectible, and some that were previously written off as uncollectible were collected. Anth also has some interest-bearing notes receivable for which the face amount plus interest at the prevailing rate of interest is due at maturity. The notes were received on July 1, 2016, and are due on June 30, 2017. Required: a. What are the deficiencies of the direct write-off method? b. What are the two basic allowance methods used to estimate bad debts, and what is the theoretical justification for each? c. How should Anth account for the collection of the specific accounts previously written off as uncollectible? d. How should Anth report the effects of the interest-bearing notes receivable on its December 31, 2016, balance sheet and its income statement for the year ended December 31, 2016? Why?

Answers

The direct write-off method has deficiencies in violating the matching principle and not providing an accurate estimate of total bad debt expense. The two basic allowance methods for estimating bad debts are the percentage of sales method and the percentage of accounts receivable method, justified by their relation to credit sales and historical collection patterns, respectively.

When specific accounts previously written off as uncollectible are collected, Anth should reverse the write-off entry and record the cash collection. The effects of interest-bearing notes receivable should be reported as an asset on the balance sheet and interest revenue on the income statement, as they represent a financial asset generating interest income.

a. The direct write-off method has several deficiencies. First, it violates the matching principle because bad debt expenses are not recognized until a specific account is deemed uncollectible, which may occur in a different period than when the related sale was made. Second, it does not provide an accurate estimate of the total bad debt expense since it only focuses on specific accounts rather than considering the overall risk of uncollectibility.

b. The two basic allowance methods used to estimate bad debts are the percentage of sales method and the percentage of accounts receivable method. The theoretical justification for the percentage of sales method is that bad debts are directly related to credit sales, so estimating bad debt expense as a percentage of sales reflects the potential risk.

The percentage of accounts receivable method is justified on the basis that the uncollectible portion of accounts receivable can be estimated by analyzing historical collection patterns.

c. When specific accounts previously written off as uncollectible are collected, Anth should reverse the previous write-off entry by debiting the accounts receivable and crediting the allowance for doubtful accounts. Additionally, Anth should record the cash collection by debiting cash and crediting accounts receivable.

d. The effects of the interest-bearing notes receivable on Anth's December 31, 2016, balance sheet would be reported as an asset under notes receivable. On the income statement for the year ended December 31, 2016, the interest earned on the notes receivable would be recognized as interest revenue.

This treatment is justified as the interest-bearing notes represent a financial asset that generates interest income for the company.

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a) Select an organisation of your choice and analyse their HR
planning, Recruitment and Selection procedure.

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HR planning involves assessing workforce needs and developing strategies for recruitment and selection. Recruitment methods vary, including job postings, online portals, and employee referrals. The selection process involves interviews, assessments, and reference checks. These procedures are crucial for organizations to attract and hire the right talent that aligns with their goals and requirements.

HR Planning:

Effective HR planning involves assessing an organization's current and future workforce needs. It includes analyzing the skills and competencies required, forecasting labor demand, and identifying gaps. The organization sets goals, establishes recruitment strategies, and plans for employee development and succession.

Recruitment:

Recruitment aims to attract a pool of qualified candidates for available job positions. Organizations may use various methods such as job postings, online portals, employee referrals, and recruitment agencies. They create job descriptions, screen resumes, conduct interviews, and assess candidates' suitability for the role.

Selection:

The selection process involves evaluating candidates to identify the best fit for the organization. It typically includes interviews, aptitude tests, personality assessments, and reference checks. Organizations may also use panel interviews or involve multiple stakeholders to ensure a comprehensive evaluation.

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Sachs Brands' defined benefit pension plan specifies annual retirement benefits equal to: 1.6% × service years × final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2004 and is expected to retire at the end of 2038 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $90,000 at the end of 2018 and the company's actuary projects her salary to be $240,000 at retirement. The actuary's discount rate is 7%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) At the beginning of 2019, the pension formula was amended to: 1.75% × Service years × Final year's salary The amendment was made retroactive to apply the increased benefits to prior service years. Required: 1. What is the company's prior service cost at the beginning of 2019 with respect to Davenport after the amendment described above? 2. Since the amendment occurred at the beginning of 2019, amortization of the prior service cost begins in 2019. What is the prior service cost amortization that would be included in pension expense? 3. What is the service cost for 2019 with respect to Davenport? 4. What is the interest cost for 2019 with respect to Davenport? 5. Calculate pension expense for 2019 with respect to Davenport, assuming plan assets attributable to her of $150,000 and a rate of return (actual and expected) of 10%.

Answers

Pension Expense amount with respect to Davenport for 2019  $176,341.31.

Calculation of Prior service cost is as follows;

Prior Service Cost = 0.015 * 35 * ($240,000 - $90,000) * PVAF 7%, 35 years

= 0.015 * 35 * ($150,000) * 15.216= $87,318

Calculation of prior service cost amortization is as follows:

Prior Service Cost Amortization = $87,318 / 15.216= $5,733

Calculation of Service cost is as follows;

Service Cost = 0.0175 * (35 - 1) * $240,000

= $144,900

Calculation of Interest cost is as follows;Interest Cost = 7% * ($150,000 + $5,733)

= $10,708.31

Calculation of Pension expense is as follows

Expected Return on Plan Assets = 10% * $150,000

= $15,000

Interest Cost = $10,708.31

Service Cost = $144,900

Prior Service Cost Amortization = $5,733

Pension Expense = $176,341.31

Therefore, Pension Expense for 2019 with respect to Davenport, assuming plan assets attributable to her of $150,000 and a rate of return (actual and expected) of 10% is $176,341.31.

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Chose the best answer. Basic form of collaboration, Alliance:
Governed by desire to voluntarily work together both intellectually and operationally
Shifts focus from buying materials to performing a specific service or activity
Dominate firm governs by command and control
Extreme form of Alliance
Adds time dimension to traditional buying/selling

Answers

The best answer for the basic form of collaboration, Alliance, is:- Governed by the desire to voluntarily work together both intellectually and operationally.

In the context of collaboration, an alliance refers to a cooperative relationship between two or more organizations that work together toward a common goal. The essence of an alliance is the voluntary decision to collaborate, driven by shared objectives and the willingness to combine intellectual and operational resources.

Alliances are characterized by mutual cooperation, coordination, and knowledge sharing among the participating organizations. The desire to work together both intellectually (sharing ideas, expertise, and knowledge) and operationally (collaborating on projects, activities, or initiatives) forms the foundation of an alliance.

The other options mentioned - shifting focus from buying materials, dominant firm governance, an extreme form of alliance, and adding a time dimension to traditional buying/selling - do not capture the essential nature of a basic alliance. While these elements may be present in certain types of alliances or collaborative arrangements, they do not define the fundamental concept of an alliance. The core aspect of an alliance is the voluntary partnership between organizations based on shared goals and the active participation of all parties in both intellectual and operational aspects of the collaboration.

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Walden Tire Store is a chain of tire and auto accessory retail stores. Required: Walden discloses that it uses a balanced scorecard with seven performance measures. Link the measures to the perspectives of the balanced scorecard by labelling each performance measure with the appropriate perspective number. Perspective 1. Financial 2. Customer 3. Learning and growth 4. Internal business processes

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Walden Tire Store, a chain of tire and auto accessory retail stores, uses a balanced scorecard with seven performance measures.

The measures are linked to the perspectives of the balanced scorecard by labelling each performance measure with the appropriate perspective number.

These perspectives of the balanced scorecard are:

Financial Perspective 1: Market share growth and revenue increase Customer Perspective

2: Customer satisfaction and retention Learning and Growth Perspective

3: Employee retention and satisfaction, technology usage, and innovation Internal Business Process Perspective

4: Efficiency and effectiveness of internal operations

Here is the link between the performance measures and the appropriate perspective of the balanced scorecard used by Walden Tire Store: Perspective

1: Financial Market share growth Revenue increase Perspective

2: Customer Customer satisfaction Customer retention Perspective

3: Learning and Growth Employee retention and satisfaction Technology usage Innovation Perspective

4: Internal Business Process Efficiency Effectiveness Internal operations.

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A company purchased inventory as follows: 150 units at $6 350 units at $7 The average unit cost for inventory is A. $6.00. B. $7.00. C. $6.50. D. $6.70.

Answers

The correct answer is D. $6.70. the average unit cost for inventory is $6.70.

To calculate the average unit cost for inventory, we need to find the total cost of the inventory and divide it by the total number of units.

The first purchase was 150 units at $6 per unit, which gives us a total cost of 150 * $6 = $900.

The second purchase was 350 units at $7 per unit, resulting in a total cost of 350 * $7 = $2450.

To find the average unit cost, we add up the total cost of both purchases and divide it by the total number of units:

Total cost = $900 + $2450 = $3350

Total number of units = 150 + 350 = 500

Average unit cost = Total cost / Total number of units = $3350 / 500 = $6.70

Therefore, the average unit cost for inventory is $6.70.

The correct answer is D. $6.70.

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In 2018, the Federal Trade Commission levied a $2 million judgment against Marketing Architects, Inc. (MAI), an advertising agency. The essence of the complaint was that MAI had enabled a weight loss company to sell products by presenting false and unsubstantiated claims regarding their effectiveness, to the point of labeling some of the statements "a blizzard of lies."25 In this instance, the judgment placed direct responsibility for false advertising on the agency as well as the company that produced the products. Do you agree that advertising agencies hold culpability in these situations? Why or why not?

Answers

While it is true that the primary responsibility for false advertising rests with the company producing the products or services, advertising agencies may also be held responsible under certain circumstances.

In 2018, the Federal Trade Commission levied a $2 million judgment against Marketing Architects, Inc. (MAI), an advertising agency. This was a result of MAI enabling a weight loss company to sell products by presenting false and unsubstantiated claims regarding their effectiveness, and labeling some of the statements "a blizzard of lies."

The question of whether advertising agencies hold culpability in situations such as the one involving MAI depends on the circumstances of each case.

According to the FTC, advertising agencies may be held responsible for deceptive or misleading advertising in the following situations:

1. The agency knows or should have known that the advertising is deceptive or misleading.

2. The agency directly participates in the creation or dissemination of deceptive advertising.

3. The agency has received financial benefits from deceptive advertising.

In the case of MAI, it appears that the agency knew or should have known that the weight loss company's advertising was deceptive and misleading.

As a result, they were held responsible for the false advertising, along with the weight loss company. The judgment placed direct responsibility on both the agency and the company that produced the products.

Therefore, in conclusion, advertising agencies can hold culpability in situations such as the MAI one if they know or should have known that the advertising is deceptive or misleading, directly participate in the creation or dissemination of the deceptive advertising, or receive financial benefit from the deceptive advertising.

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The company received $7,500 cash advance for merchandise to be delivered in the future. Which of the following would have resulted from this transaction?
Group of answer choices
None of the above
A decrease in cash
A decrease in inventory
An increase in unearned revenue

Answers

The transaction of receiving a $7,500 cash advance for merchandise to be delivered in the future would result in an increase in unearned revenue.

When a company receives a cash advance for merchandise that has yet to be delivered, it creates an obligation to deliver the goods or provide the services in the future. However, until the delivery is made, the company cannot recognize the revenue as earned income. Instead, it records the cash received as unearned revenue, which is a liability on the balance sheet.

Unearned revenue represents an advance payment made by customers for goods or services that have not been provided yet. As the company fulfills its obligation by delivering the merchandise, the unearned revenue will be gradually recognized as revenue and decrease, while an increase in revenue and possibly a decrease in inventory would occur.

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AVAILABLE-TO-PROMISE
8. Complete the two Available-to-Promise tables below.
a. Period
On-hand 30 1 2 3 4 5 6
Forecast 100 50 100 50 100 50
Customer Orders 75 50 116 73 45 23
Master Production Schedule 100 200 150
Available-to Promise

b. Period
On-hand 100 1 2 3 4 5 6
Forecast 50 100 50 100 100 150
Customer Orders 75 125 75 135 45 53
Master Production Schedule 200 200 200
Available to Promise

c. Period
On-hand 20 1 2 3 4 5 6

Forecast 15 10 10 15 15 15
Customer Orders 5 12 22 17 14 3
Master Production Schedule 50 50
Available-to Promise

Answers

It is calculated by subtracting from the available-to-promise inventory all customer orders that have already been committed and all purchase orders that have been placed but not yet received.

The tables representing available-to-promise calculations are given below:

a. On-hand 30 1 2 3 4 5 6 Forecast 100 50 100 50 100 50 Customer Orders 75 50 116 73 45 23 Master Production Schedule 100 200 150 Available-to Promise 55 150 134 177 100 77

b. On-hand 100 1 2 3 4 5 6 Forecast 50 100 50 100 100 150 Customer Orders 75 125 75 135 45 53 Master Production Schedule 200 200 200 Available-to Promise 175 150 175 165 155 197

c. On-hand 20 1 2 3 4 5 6 Forecast 15 10 10 15 15 15 Customer Orders 5 12 22 17 14 3 Master Production Schedule 50 50 Available-to Promise 10 -12 -7 18 21 47

Note: Available-to-promise is an inventory and supply chain management technique that helps determine whether an item is available to fulfill the requirements of a customer's order. It is calculated by subtracting from the available-to-promise inventory all customer orders that have already been committed and all purchase orders that have been placed but not yet received.

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Rachel wants to have $4,400.00 in 27 months. Her bank is offering her a Certificate of Deposit, a special savings account, that earns 1.8% compounded weekly. How much does she need to deposit now to reach her goal? Round your answer up to the nearest penny. Assume the interest rate does not change while the account is open.
$_____

Answers

The amount Rachel needs to deposit now will be approximately $4,142.65.

To calculate the amount Rachel needs to deposit now to reach her goal, we can use the formula for compound interest;

A = [tex]P(1+r/n)^{nt}[/tex]

Where;

A = Amount accumulated after time t

P = Principal amount (initial deposit)

r = Annual interest rate (as a decimal)

n = Number of times the interest will be compounded per year

t = Time in years

In this case, Rachel wants to have $4,400.00 in 27 months, and the interest is compounded weekly with an annual interest rate of 1.8% (0.018).

Let's calculate the amount she needs to deposit (P);

A = $4,400.00

r = 0.018

n = 52 (since interest is compounded weekly)

t = 27 months / 12 months = 2.25 years

$4,400.00 = P(1 + 0.018/52[tex])^{(52X2.25)}[/tex]

To find the value of P, we need to solve this equation for P. However, since it involves an exponent, we can use the trial-and-error method or a financial calculator to find the closest amount.

Using a financial calculator or spreadsheet software, the amount Rachel needs to deposit now is approximately $4,142.65.

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Calculate the 1-year interest rates for 10 years using the yield to maturities for bonds of various terms to maturity (5%, 5.25%, 5.75%,6%, 6.2%, 6.4%, 6.8%, 7.0%, 7.3% 7.8%) and liquidity premiums (0%, 0.1%, 0.2%, 0.3%,0.4%, 0.5%, 0.6%, 0.7%, 0.8%) provided the expectations theory and liquidity premium theory.

Answers

From Expectations Theory, Year 10: 7.8% (YTM for 10-year bond). From Liquidity Premium Theory, Year 10: 7.8% + 0.8% (Liquidity Premium for 10-year bond).

To calculate the 1-year interest rates for 10 years using the yield to maturities (YTM) and liquidity premiums provided, we can apply both the Expectations Theory and the Liquidity Premium Theory.

Expectations Theory:

According to the Expectations Theory, the forward rates are equal to the expected future spot rates. In this case, we will assume that the yield to maturity for the 1-year bond is equal to the 1-year interest rate.

Given the yield to maturities for various terms to maturity and assuming the yield to maturity for the 1-year bond is equal to the 1-year interest rate, we can calculate the 1-year interest rates for 10 years as follows:

Year 1: 5% (YTM for 1-year bond)

Year 2: 5.25% (YTM for 2-year bond)

Year 3: 5.75% (YTM for 3-year bond)

Year 4: 6% (YTM for 4-year bond)

Year 5: 6.2% (YTM for 5-year bond)

Year 6: 6.4% (YTM for 6-year bond)

Year 7: 6.8% (YTM for 7-year bond)

Year 8: 7.0% (YTM for 8-year bond)

Year 9: 7.3% (YTM for 9-year bond)

Year 10: 7.8% (YTM for 10-year bond)

Liquidity Premium Theory:

According to the Liquidity Premium Theory, investors require an additional premium for holding longer-term bonds due to their increased risk and lower liquidity. This additional premium is added to the expected future spot rates.

To calculate the 1-year interest rates for 10 years using the Liquidity Premium Theory, we will add the liquidity premiums to the yields to maturity:

Year 1: 5% + 0% (Liquidity Premium for 1-year bond)

Year 2: 5.25% + 0.1% (Liquidity Premium for 2-year bond)

Year 3: 5.75% + 0.2% (Liquidity Premium for 3-year bond)

Year 4: 6% + 0.3% (Liquidity Premium for 4-year bond)

Year 5: 6.2% + 0.4% (Liquidity Premium for 5-year bond)

Year 6: 6.4% + 0.5% (Liquidity Premium for 6-year bond)

Year 7: 6.8% + 0.6% (Liquidity Premium for 7-year bond)

Year 8: 7.0% + 0.7% (Liquidity Premium for 8-year bond)

Year 9: 7.3% + 0.8% (Liquidity Premium for 9-year bond)

Year 10: 7.8% + 0.8% (Liquidity Premium for 10-year bond)

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A business sells $100 worth of goods to a customer, the customer pays $50 in cash immediately and will pay the remaining $50 in 30 days' time.
What is the double entry to record the purchase in the customer's accounting records?
A Debit cash $50, credit payables $50, credit purchases $50
B Debit payables $50, debit cash $50, credit purchases $100
C Debit purchases $100, credit payables $50, credit cash $50
D Debit purchases $100, credit cash $100

Answers

The correct answer is C. Debit purchases $100, credit payables $50, credit cash $50. Here is the breakdown of the transaction:

Debit purchases $100: This is because the customer has purchased $100 worth of goods.

Credit payables $50: This is because the customer owes $50 to the business for the goods that they have purchased.

Credit cash $50: This is because the customer has paid $50 in cash for the goods that they have purchased.

The following is a visual representation of the double entry:

Code snippet

| Account | Debit | Credit |

|---|---|---|

| Purchases | $100 | - |

| Payables | - | $50 |

| Cash | - | $50 |

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The Modified Internal Rate of Return is designed for which one of the following situations?

Answers

The Modified Internal Rate of Return (MIRR) is designed for situations where cash flows generated by an investment project have different reinvestment rates for inflows and outflows.

It is an alternative to the traditional Internal Rate of Return (IRR) method, which assumes that all cash flows are reinvested at the project's internal rate of return.

In real-world scenarios, it is often unrealistic to assume that all cash flows can be reinvested at the same rate as the project's internal rate of return.

To calculate the MIRR, the future value of cash inflows is determined by compounding them at the specified reinvestment rate. Similarly, the present value of cash outflows is calculated by discounting them at the specified financing rate.

The Modified Internal Rate of Return (MIRR) is specifically designed for situations where there are different reinvestment rates for cash inflows and outflows. By considering the differential rates, the MIRR provides a more realistic assessment of an investment project's profitability. It is particularly useful when the assumption of reinvesting all cash flows at the same rate is not appropriate, allowing for more accurate financial decision-making.

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You will review a qualitative research.
The topic is up to you as long as you choose a peer-reviewed, academic research piece. I suggest choosing a topic that is at least in the same family as your expected dissertation topic so that you can start viewing what is out there. There are no hard word counts or page requirements as long as you cover the basic guidelines. You must submit original work, however, and a paper that returns as a large percentage of copy/paste to other sources will not be accepted. (Safe Assign will be used to track/monitor your submission for plagiarism. Submissions with a Safe Assign match of more than 25% will not be accepted.) Please use APA formatting and include the following information: Introduction/Background: Provide context for the research article. What led the author(s) to write the piece? What key concepts were explored? Were there weaknesses in prior research that led the author to the current hypothesis or research question? Methodology: Describe how the data was gathered and analyzed. What research questions or hypotheses were the researcher trying to explore? What statistical analysis was used? Study Findings and Results: What were the major findings from the study? Were there any limitations? Conclusions: Evaluate the article in terms of significance, research methods, readability and the implications of the results. Does the piece lead into further study? Are there different methods you would have chosen based on what you read? What are the strengths and weaknesses of the article in terms of statistical analysis and application? (This is where a large part of the rubric is covered.)

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In their research article, Kremers, Bergman, Hong, & Thompson (2015) examine an intriguing topic of mutual attention in dating partners in the early stages of a relationship. The purpose of their study was to identify different behaviors and effects of mutual gaze in the early stages of dating relationships.

They were motivated to conduct this study because very little is known about the role of gaze and mutual gaze in the early stages of relationships and how it impacts relationship development.Methodology:Their sample consisted of 64 couples who had been together for about four months. They were primarily Caucasian, mostly in their 20s, and were either married or living together. Participants were instructed to come to the laboratory after having completed a daily diary in which they reported their daily activities.

They were instructed to sit on chairs facing each other while wearing eye-tracking glasses for a total of 5 minutes, and the recordings were then analyzed. During the eye-tracking phase, both partners were asked to answer some questions to ensure that their gaze was natural and not forced.Study Findings and Results:The research found that the exchange of mutual attention between romantic partners is a crucial and constructive feature of early romantic relationships, and that mutual gaze promotes a positive affect.

They discovered that there were differences in gaze patterns based on gender, with men using more eye contact when listening than women, while women used more eye contact when speaking. They concluded that mutual gaze is an essential component of early-stage relationships, and that it can have a positive impact on the health of a relationship.Conclusions:In summary, the article by Kremers et al. (2015) provides an insightful examination of the role of mutual gaze and how it influences the development of relationships in the early stages.

Their research provides insight into how mutual gaze might be beneficial in building and maintaining healthy relationships. The study is essential for shedding light on the effects of gaze in the initial stages of relationships, as very little is known about how eye contact can promote a positive affect and enhance relationship satisfaction. The research is significant in terms of further study and provides insight into how mutual gaze might be utilized in therapeutic settings to help couples with relationship issues.

The research methodology was comprehensive, and the results were clearly presented. The study was limited to a small sample size, which raises questions about generalizability, and the authors acknowledge that further research is necessary to support their findings. Overall, the study is well-written, the research methodology is sound, and the results are clearly presented.

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Determine the interest rate r needed for an investment to triple in value in 17 years if interest is compounded continuously. Exact interest ratewithout using a calculator,r Interest rate,as a percent,rounded to 2 decimal places 6.[-/1Points] DETAILS MY NOTES Math 110 Course Resources -Compound Interest Course Packet on solving for an unknown length of time with discrete compounding of interest How long will it take for $2,000 to grow to $7,000 if the investment earns an interest rate of 20% per year compounded quarterly i.e.,4 times a year Exact length of time(without using a calculator),t years Length of timerounded to 2 decimal places years 7.[-/1Points] DETAILS MY NOTES How long does it take for an investment earning interest at a rate of 18% compounded quarterly i.e.4 times a year to double in value? Exact length of timewithout using a calculator),t= years Length of time,rounded to 2 decimal places years

Answers

a. the interest rate (r) needed for the investment to triple in value in 17 years, with interest compounded continuously, is approximately 4.09%. b. it will take approximately 6.06 years for the investment to grow from $2,000 to $7,000 with an interest rate of 20% per year compounded quarterly. c. it will take approximately 4.19 years for the investment earning interest at a rate of 18% compounded quarterly to double in value.

a. The interest rate (r) needed for an investment to triple in value in 17 years, with interest compounded continuously, is approximately **4.09%**.

To determine the interest rate, we can use the formula for continuous compound interest:

A = P * e^(rt),

where A is the final amount, P is the initial principal, e is the base of the natural logarithm (approximately 2.71828), r is the interest rate, and t is the time in years.

In this case, we want the investment to triple in value, which means the final amount (A) is three times the initial principal (P). Therefore, we have:

3P = P * e^(rt).

By canceling out the initial principal (P) on both sides of the equation, we get:

3 = e^(rt).

Taking the natural logarithm of both sides, we have:

ln(3) = rt.

Now, we can solve for the interest rate (r) by dividing both sides by 17:

r = ln(3) / 17 ≈ 0.0409 ≈ 4.09%.

Therefore, the interest rate (r) needed for the investment to triple in value in 17 years, with interest compounded continuously, is approximately 4.09%.

b. It will take approximately **6.06 years** for an investment of $2,000 to grow to $7,000 if the investment earns an interest rate of 20% per year compounded quarterly.

To determine the length of time, we can use the formula for compound interest:

A = P(1 + r/n)^(nt),

where A is the final amount, P is the initial principal, r is the interest rate, n is the number of compounding periods per year, and t is the time in years.

In this case, the final amount (A) is $7,000, the initial principal (P) is $2,000, the interest rate (r) is 20% (or 0.20 as a decimal), and the compounding is done quarterly (n = 4).

Plugging these values into the formula, we have:

$7,000 = $2,000(1 + 0.20/4)^(4t).

Simplifying the equation, we get:

3.5 = (1 + 0.05)^(4t).

Taking the logarithm of both sides, we have:

log(3.5) = log(1.05)^(4t).

Using the logarithmic properties, we can rewrite the equation as:

4t = log(3.5) / log(1.05).

Solving for t, we divide both sides by 4:

t = (log(3.5) / log(1.05)) / 4 ≈ 6.06 years.

Therefore, it will take approximately 6.06 years for the investment to grow from $2,000 to $7,000 with an interest rate of 20% per year compounded quarterly.

c. It will take approximately **4.19 years** for an investment earning interest at a rate of 18% compounded quarterly to double in value.

Using the same formula for compound interest as in the previous question:

A = P(1 + r/n)^(nt),

where A is the final amount, P is the initial principal, r is the interest rate, n is the number of compounding periods per year, and t is the time in years.

In this case, we want the investment to double in value, which means the final amount (A) is twice the initial principal (P). Therefore, we have:

2P = P(1

+ 0.18/4)^(4t).

Cancelling out the initial principal (P), we get:

2 = (1 + 0.045)^(4t).

Taking the logarithm of both sides, we have:

log(2) = log(1.045)^(4t).

Simplifying the equation, we find:

4t = log(2) / log(1.045).

Dividing both sides by 4, we get:

t = (log(2) / log(1.045)) / 4 ≈ 4.19 years.

Therefore, it will take approximately 4.19 years for the investment earning interest at a rate of 18% compounded quarterly to double in value.

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Calculate the current price of a $1,000 par value bond that has a coupon rate of 16 percent, pays coupon interest semi-annually, has 28 years remaining to maturity, and has a current yield to maturity (discount rate) of 18 percent. (Round your answer to 2 decimal places and record without dollar sign or commas). Your Answer

Answers

The answer is $1980.57.

Given data,Par value of the bond, $1000Coupon rate, 16%Semi-annual coupon payments,Time to maturity, 28 yearsYield to maturity (discount rate), 18%First we have to find out the total number of semi-annual payments, which is (28*2) = 56 couponsThe coupon rate is 16%, hence the semi-annual coupon payment will be (1000*16%)/2 = $80Discount rate or yield to maturity is 18%. We know that the present value of all future coupon payments and the face value (at maturity) is equal to the current price of the bond.PV = C/(1+r/2) + C/(1+r/2)^2 + ......... + C/(1+r/2)^n + FV/(1+r/2)^nPV = 80/(1+18%/2) + 80/(1+18%/2)^2 + ......... + 80/(1+18%/2)^56 + 1000/(1+18%/2)^56PV = 1980.57The current price of the bond is $1980.57 (rounded to 2 decimal places).Hence, the answer is $1980.57.

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4. Management decision problems are not encountered by
government agencies or non-profit organizations.
a. True
b. False

Answers

The given statement "Management decision problems are not encountered by government agencies or non-profit organizations" is false because Management decision problems are issues that arise when managers attempt to make decisions and are unsure about what to do. Option b is correct.

Management decision problems are encountered by government agencies and non-profit organizations, just like they are encountered by for-profit businesses. All organizations, regardless of their sector or purpose, face various management decision problems related to resource allocation, goal setting, operational efficiency, strategic planning, and more.

These decision problems may differ in nature and context between different types of organizations, but they are still present and require effective management and decision-making processes to address them. Government agencies and non-profit organizations also need to make decisions regarding budgeting, program implementation, resource allocation, stakeholder engagement, and achieving their mission and objectives.

Therefore, it is incorrect to claim that management decision problems are not encountered by government agencies or non-profit organizations.

Option b is correct.

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a) Select an organisation of your choice and analyse their HR
planning, Recruitment, and Selection procedure.
b) Differentiate the HR planning, Recruitment, and Selection
procedure before and after th

Answers

Organizations are supposed to take great care when it comes to Human Resource Planning (HRP), Recruitment, and Selection Procedure. It is important to be systematic and efficient to ensure the right individuals are employed to fit the positions. In this question, we will be focusing on HR planning, recruitment, and selection procedure for Amazon, one of the leading online marketplaces globally.

HR Planning at Amazon: Human Resource planning at Amazon is done keeping in mind the current needs and the future requirements of the organization. Amazon uses data to ensure that they are hiring the right talent. Data are used to identify whether they are hiring the right people, whether the recruitment process is effective and efficient and also to identify skills gaps that may exist within the organization. They aim to provide a work environment that motivates and inspires individuals, drives innovation, and builds excellence in the workforce. It is important that their HR planning is able to develop and engage their employees so that they are able to perform to the best of their abilities.

Recruitment and Selection Procedure: Amazon's Recruitment and Selection Procedure is driven by data. The recruitment process has been designed in such a way that it filters out the best candidates, while also ensuring that the process is efficient and effective. The recruitment process has several steps, including resume screening, video interviews, and finally in-person interviews. This process ensures that Amazon is hiring the right people for the job, which can lead to better employee engagement, retention, and ultimately a better business outcome. Amazon places great emphasis on the importance of selecting the right individuals for the job. Differentiation of HR planning, Recruitment, and Selection Procedure before and after the pandemic:

Before the pandemic: Before the pandemic, Amazon's HR planning was designed to provide the right work environment, motivate employees, drive innovation, and build excellence in the workforce. However, with the onset of the pandemic, HR planning had to change to adapt to the new normal. Amazon had to shift to remote work to ensure the safety of its employees and to ensure that business operations continued. This meant that HR planning had to focus on providing an environment that supported remote work. Recruitment and selection procedures had to be redesigned to ensure that they were still effective in a remote environment. After the pandemic: After the pandemic, HR planning is expected to focus more on providing work environments that are flexible and can adapt to different situations. Recruitment and selection procedures will need to take into account the changes that have been made during the pandemic and adapt accordingly. For example, with the rise of remote work, there will be a need to focus more on recruiting individuals that are able to work well in a remote environment.

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Net present value. Quark Industries has a project with the following projected cash flows Initial cost: $250,000 Cash flow year one: $20,000 Cash flow year two: $80,000 Cash flow year three: $143,000 Cash flow year four: $143,000 a. Using a discount rate of 10% for this project and the NPV model, determine whether the company should accept or reject this project b. Should the company accept or reject it using a discount rate of 16%? C. Should the company accept or reject it using a discount rate of 22%? a. Using a discount rate of 10%, this project should be . (Select from the drop-down menu.) rejected accepted Click to select your answer(s) and then click Check Answer

Answers

Using a discount rate of 10% for this project and the NPV model, determine whether the company should accept or reject this project.

To calculate the net present value (NPV), we discount each cash flow to present value and subtract the initial cost. The formula for NPV is:NPV = Cash flow year one / (1 + Discount rate)^1 + Cash flow year two / (1 + Discount rate)^2 + Cash flow year three / (1 + Discount rate)^3 + Cash flow year four / (1 + Discount rate)^4 - Initial costUsing a discount rate of 10% and the given cash flows, the NPV calculation is as follows:NPV = $20,000 / (1 + 0.10)^1 + $80,000 / (1 + 0.10)^2 + $143,000 / (1 + 0.10)^3 + $143,000 / (1 + 0.10)^4 - $250,000NPV = $18,181.82 + $65,289.26 + $103,095.75 + $91,040.99 - $250,000NPV = $27,607.82Since the NPV is positive ($27,607.82), the project should be accepted.b. Should the company accept or reject it using a discount rate of 16%?Using a discount rate of 16%, we repeat the same NPV calculation:NPV = $20,000 / (1 + 0.16)^1 + $80,000 / (1 + 0.16)^2 + $143,000 / (1 + 0.16)^3 + $143,000 / (1 + 0.16)^4 - $250,000NPV = $17,241.38 + $55,900.31 + $83,675.69 + $70,208.07 - $250,000NPV = -$23,974.55Since the NPV is negative (-$23,974.55), the project should be rejected.c. Should the company accept or reject it using a discount rate of 22%?Using a discount rate of 22%, we repeat the same NPV calculation:NPV = $20,000 / (1 + 0.22)^1 + $80,000 / (1 + 0.22)^2 + $143,000 / (1 + 0.22)^3 + $143,000 / (1 + 0.22)^4 - $250,000NPV = $16,393.44 + $50,396.11 + $69,342.23 + $57,492.98 - $250,000NPV = -$56,375.24Since the NPV is negative (-$56,375.24), the project should be rejected.

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One of the products stocked by a Sam's Club store is Sams Cola, which is sold in cases. The demand level for Sams Cola is highly seasonal: a.During the slow season, the demand rate is approxi- mately 650 cases a month, which is the same as a yearly demand rate of 650*12 = 7,800 cases. b.During the busy season, the demand rate is approxi- mately 1,300 cases a month, or 15,600 cases a year. c.The cost to place an order is $5, and the yearly holding cost for a case of Sams Cola is $12. . a. (*) According to the EOQ formula, how many cases of Sams Cola should be ordered at a time during the slow season? How many cases of Sams Cola should be ordered during the busy season? b)Suppose Sam's Club decides to use the same or- der quantity, Q = 150, throughout the year. Calculate total holding and ordering costs for the year. Do not consider safety stock in your calculations. (Annual de- mand can be calculated as an average of the slow and b. (*) usy rates given above.)

Answers

According to the Economic Order Quantity (EOQ) formula, the optimal order quantity for Sams Cola during the slow season can be calculated using the formula:

EOQ = √[(2 * Annual Demand * Ordering Cost) / Holding Cost]

For the slow season, the annual demand is 7,800 cases, the ordering cost is $5, and the holding cost is $12. Plugging these values into the formula, we get:

EOQ = √[(2 * 7,800 * 5) / 12] ≈ 365 cases

Therefore, during the slow season, approximately 365 cases of Sams Cola should be ordered at a time.

Similarly, during the busy season, the annual demand is 15,600 cases. Plugging this value into the EOQ formula using the same ordering and holding costs, we get:

EOQ = √[(2 * 15,600 * 5) / 12] ≈ 516 cases

Hence, during the busy season, approximately 516 cases of Sams Cola should be ordered at a time.

If Sam's Club decides to use a fixed order quantity of 150 cases throughout the year, we can calculate the total holding and ordering costs for the year. The annual demand can be calculated as the average of the slow and busy season rates:

Annual Demand = (7,800 + 15,600) / 2 = 11,700 cases

The number of orders placed in a year would be:

Number of Orders = Annual Demand / Order Quantity = 11,700 / 150 ≈ 78 orders

The ordering cost per year would be:

Ordering Cost = Number of Orders * Ordering Cost per Order = 78 * $5 = $390

The average inventory held would be half of the order quantity:

Average Inventory = Order Quantity / 2 = 150 / 2 = 75 cases

The holding cost per year would be:

Holding Cost = Average Inventory * Holding Cost per Case = 75 * $12 = $900

Therefore, the total holding and ordering costs for the year would be $390 (ordering cost) + $900 (holding cost) = $1,290.

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In a company that manufactures casting parts, the temperature of the melting furnace fluctuates a lot according to the automatic reports of the device. What do you suggest to check the capability of the measuring system (furnace temperature)? explain

Answers

To check the capability of the measuring system for the melting furnace temperature, I suggest conducting a calibration test using a known reference temperature source.

Explanation:

Calibration is a process that verifies the accuracy and reliability of a measuring system by comparing its readings with a known reference. In this case, a known temperature source, such as a calibrated thermometer or a certified temperature probe, can be used. The reference source should have a higher accuracy and stability compared to the measuring system being tested.

During the calibration test, the reference temperature source should be placed inside the melting furnace in a location that represents the typical temperature distribution. The measuring system's readings should be compared to the reference source readings at various temperature points and across different operating conditions, such as during temperature fluctuations and different heating or cooling rates. This will help identify any systematic errors, biases, or inconsistencies in the measuring system.

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Punctuation. Write the letter of the correctly punctuated sentence in the space provided. Use a dictionary or reference manual as needed.
a. Reece Soltani, M.B.A., was recognized for her work with the S.E.C.
b. Reece Soltani, M.B.A., was recognized for her work with the SEC.
c. Reece Soltani, MBA, was recognized for her work with the SEC. __________

Answers

The correct punctuated sentence is option c: "Reece Soltani, MBA, was recognized for her work with the SEC."In this sentence, the punctuation is used to correctly format and present the information. Let's analyze each component:

1. Reece Soltani: The name is written without any additional punctuation. It is important to capitalize the first and last name.

2. MBA: This is the academic degree held by Reece Soltani. In option a, a comma is used after MBA, but this is unnecessary. In option b, the abbreviation "SEC" is followed by a comma, which is also unnecessary. Option c correctly omits the comma after MBA, adhering to the standard practice of not using a comma between a title and the degree abbreviation.

3. SEC: This refers to the organization or entity Reece Soltani is recognized for her work with. In option b, a comma is placed after SEC, but again, this is unnecessary. Option c presents the abbreviation without a comma.

Overall, option c is the correct choice as it follows the standard conventions of punctuation when presenting a person's name, degree, and organization. It is important to consult a dictionary or reference manual for specific rules related to punctuation, particularly when dealing with abbreviations and titles.

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If the number of suppliers in the market increases, the supply curve will Group of answer choices
Shift inward
Shift outward
Remain stationary
Bend backwards

Answers

If the number of suppliers in the market increases, the supply curve will shift outward. This means that there will be an increase in the quantity supplied at each given price level. Option b is correct.

When the number of suppliers in a market increases, the supply curve will shift outward. This means that at each given price level, there will be a greater quantity of goods or services supplied.

With more suppliers entering the market, there is an expansion in the availability of products or services. This increase in supply is reflected in the outward shift of the supply curve. The suppliers are now willing and able to offer a larger quantity of goods or services to the market.

An outward shift of the supply curve has important implications. Firstly, it indicates that the market has become more competitive. The increased number of suppliers leads to more options for consumers and potential downward pressure on prices. Secondly, it suggests an expansion in production capabilities and resources within the market. The additional suppliers bring in more inputs, resources, or production capacity, resulting in an increased quantity supplied.

Overall, an outward shift in the supply curve due to an increase in the number of suppliers signifies an expansion of supply and potential benefits for consumers, such as increased choices and possibly lower prices.

Option b is correct.

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National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit $ _____ Fixed cost per unit ______ Total cost per unit $ _______ Compute the desired ROI per unit for M14-M16. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI $ ____ per unit Compute the target selling price for M14-M16. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $ ______ Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 59, 400 M14-M16s are produced and sold during the year. (Round answers to 2 decimal places, e.g. 10.50.) Variable cost per unit $ _____ Fixed cost per unit _____ Total cost per unit $ _____

Answers

To calculate the variable cost per unit, divide the total variable cost ($1,750,060) by the budgeted volume (79,000 units). The result is $22.14.

Variable cost per unit: $22.14

Fixed cost per unit: $20.00

Total cost per unit: $42.14

To calculate the variable cost per unit, divide the total variable cost ($1,750,060) by the budgeted volume (79,000 units). The result is $22.14.

The fixed cost per unit is obtained by dividing the total fixed cost ($1,580,000) by the budgeted volume (79,000 units), resulting in $20.00.

The total cost per unit is the sum of the variable cost per unit and the fixed cost per unit, amounting to $42.14.

59,400 units:

Variable cost per unit: $22.14

Fixed cost per unit: $26.61

Total cost per unit: $48.75

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A baseball player is offered a 5-year contract that pays him the following amounts: Year 1: $1.12 million Year 2: $1.91 million. Year 3: $2.36 million Year 4: $2.76 million. Year 5: $3.22 million Under the terms of the agreement all payments are made at the end of each year. Instead of accepting the contract, the baseball player asks his agent to negotiate a contract that has a present value of $1.56 million more than that which has been offered. Moreover, the player wants to receive his payments in the form of a 5-year ANNUITY DUE. All cash flows are discounted at 12.00 percent. If the team were to agree to the player's terms, what would be the player's annual salary (in millions of dollars)? (Express answer in millions. $1,000,000 would be 1.00) Submit Answer format: Currency: Round to: 4 decimal places. Show Hint

Answers

Player's annual salary would be approximately $0.5165 million or $516,500 under the negotiated contract terms, resulting in a present value $1.56 million higher than the original offer.

To calculate the player's annual salary in millions of dollars, we need to determine the annuity payment that would result in a present value $1.56 million higher than the original contract.

Using the formula for the present value of an annuity due:

PV = PMT * [(1 - (1 + r)^(-n)) / r]

Where:

PV = Present value

PMT = Payment per period

r = Interest rate per period

n = Number of periods

Given:

PV = $1.56 million

r = 12% or 0.12

n = 5 years

We can rearrange the formula to solve for PMT:

PMT = PV / [(1 - (1 + r)^(-n)) / r]

Substituting the values:

PMT = 1.56 / [(1 - (1 + 0.12)^(-5)) / 0.12]

PMT ≈ $0.5164649 million

Therefore, the player's annual salary would be approximately $0.5165 million or $516,500.

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You need $24,966 at the end of 10 years, and your only investment outlet is an 11 percent long-term certificate of deposit (compounded annually). With the certificate of deposit, you make an initial investment at the beginning of the first year. Use Appendix B and Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods.


a. What single payment could be made at the beginning of the first year to achieve this objective? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Single payment made
b. What amount could you pay at the end of each year annually for 10 years to achieve this same objective? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Amount to be paid

Answers

a. A single payment of approximately $9,013.67 could be made at the beginning of the first year to achieve the objective of $24,966 at the end of 10 years.

b. An amount of approximately $1,622.46 could be paid at the end of each year annually for 10 years to achieve the objective of $24,966.

a. To calculate the single payment that could be made at the beginning of the first year to achieve the objective of $24,966 at the end of 10 years, we can use the formula for the future value of a single sum:

Future Value = Present Value × (1 + Interest Rate)^Number of Periods

In this case, the interest rate is 11 percent (or 0.11), and the number of periods is 10. Let's calculate the present value:

Future Value = Present Value × (1 + 0.11)^10

$24,966 = Present Value × (1.11)^10

To isolate the present value, we divide both sides of the equation by (1.11)^10:

Present Value = $24,966 / (1.11)^10

Present Value ≈ $9,013.67

Therefore, a single payment of approximately $9,013.67 could be made at the beginning of the first year to achieve the objective of $24,966 at the end of 10 years.

b. To calculate the amount that could be paid at the end of each year annually for 10 years to achieve the objective of $24,966, we can use the formula for the present value of an ordinary annuity:

Present Value = Payment × [(1 - (1 + Interest Rate)^(-Number of Periods)) / Interest Rate]

In this case, the interest rate is 11 percent (or 0.11), the number of periods is 10, and we need to solve for the payment. Let's calculate the payment:

$24,966 = Payment × [(1 - (1 + 0.11)^(-10)) / 0.11]

To isolate the payment, we multiply both sides of the equation by 0.11 and then divide by [(1 - (1 + 0.11)^(-10))]:

Payment = $24,966 × 0.11 / [(1 - (1 + 0.11)^(-10))]

Payment ≈ $1,622.46

Therefore, an amount of approximately $1,622.46 could be paid at the end of each year annually for 10 years to achieve the objective of $24,966.

a. A single payment of approximately $9,013.67 could be made at the beginning of the first year to achieve the objective of $24,966 at the end of 10 years.

b. An amount of approximately $1,622.46 could be paid at the end of each year annually for 10 years to achieve the objective of $24,966.

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